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Side-by-side financial comparison of FIRST INDUSTRIAL REALTY TRUST INC (FR) and ProPetro Holding Corp. (PUMP). Click either name above to swap in a different company.

ProPetro Holding Corp. is the larger business by last-quarter revenue ($289.7M vs $194.8M, roughly 1.5× FIRST INDUSTRIAL REALTY TRUST INC). On growth, FIRST INDUSTRIAL REALTY TRUST INC posted the faster year-over-year revenue change (10.0% vs -9.6%). Over the past eight quarters, FIRST INDUSTRIAL REALTY TRUST INC's revenue compounded faster (8.9% CAGR vs -15.5%).

First Potomac Realty Trust was a real estate investment trust that invested in industrial properties and business parks in the suburbs of the Washington metropolitan area. In 2017, it was acquired by Government Properties Income Trust.

ProPetro Holding Corp. is a leading U.S.-based oilfield services provider. It offers hydraulic fracturing, well completion and related supporting services primarily to onshore oil and gas exploration and production operators, with core operations concentrated in the Permian Basin spanning Texas and New Mexico.

FR vs PUMP — Head-to-Head

Bigger by revenue
PUMP
PUMP
1.5× larger
PUMP
$289.7M
$194.8M
FR
Growing faster (revenue YoY)
FR
FR
+19.7% gap
FR
10.0%
-9.6%
PUMP
Faster 2-yr revenue CAGR
FR
FR
Annualised
FR
8.9%
-15.5%
PUMP

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FR
FR
PUMP
PUMP
Revenue
$194.8M
$289.7M
Net Profit
$147.9M
Gross Margin
Operating Margin
2.1%
Net Margin
75.9%
Revenue YoY
10.0%
-9.6%
Net Profit YoY
179.7%
EPS (diluted)
$1.08
$0.01

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FR
FR
PUMP
PUMP
Q1 26
$194.8M
Q4 25
$188.4M
$289.7M
Q3 25
$181.4M
$293.9M
Q2 25
$180.2M
$326.2M
Q1 25
$177.1M
$359.4M
Q4 24
$175.6M
$320.6M
Q3 24
$167.6M
$360.9M
Q2 24
$164.1M
$357.0M
Net Profit
FR
FR
PUMP
PUMP
Q1 26
$147.9M
Q4 25
$78.8M
Q3 25
$65.3M
$-2.4M
Q2 25
$55.2M
$-7.2M
Q1 25
$48.1M
$9.6M
Q4 24
$68.4M
Q3 24
$99.4M
$-137.1M
Q2 24
$51.3M
$-3.7M
Operating Margin
FR
FR
PUMP
PUMP
Q1 26
Q4 25
34.6%
2.1%
Q3 25
37.0%
-2.1%
Q2 25
31.7%
-1.0%
Q1 25
31.2%
2.6%
Q4 24
40.1%
-5.8%
Q3 24
62.6%
-49.4%
Q2 24
31.8%
-0.1%
Net Margin
FR
FR
PUMP
PUMP
Q1 26
75.9%
Q4 25
41.8%
Q3 25
36.0%
-0.8%
Q2 25
30.6%
-2.2%
Q1 25
27.2%
2.7%
Q4 24
39.0%
Q3 24
59.3%
-38.0%
Q2 24
31.3%
-1.0%
EPS (diluted)
FR
FR
PUMP
PUMP
Q1 26
$1.08
Q4 25
$0.60
$0.01
Q3 25
$0.49
$-0.02
Q2 25
$0.42
$-0.07
Q1 25
$0.36
$0.09
Q4 24
$0.51
$-0.14
Q3 24
$0.75
$-1.32
Q2 24
$0.39
$-0.03

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FR
FR
PUMP
PUMP
Cash + ST InvestmentsLiquidity on hand
$91.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.9B
$829.8M
Total Assets
$5.8B
$1.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FR
FR
PUMP
PUMP
Q1 26
Q4 25
$78.0M
$91.3M
Q3 25
$33.5M
$76.7M
Q2 25
$34.9M
$83.0M
Q1 25
$35.7M
$71.4M
Q4 24
$44.5M
$58.3M
Q3 24
$47.1M
$54.0M
Q2 24
$38.5M
$74.7M
Stockholders' Equity
FR
FR
PUMP
PUMP
Q1 26
$2.9B
Q4 25
$2.7B
$829.8M
Q3 25
$2.7B
$826.2M
Q2 25
$2.6B
$824.0M
Q1 25
$2.7B
$826.5M
Q4 24
$2.7B
$816.3M
Q3 24
$2.6B
$833.0M
Q2 24
$2.6B
$975.8M
Total Assets
FR
FR
PUMP
PUMP
Q1 26
$5.8B
Q4 25
$5.7B
$1.3B
Q3 25
$5.5B
$1.3B
Q2 25
$5.5B
$1.2B
Q1 25
$5.4B
$1.2B
Q4 24
$5.3B
$1.2B
Q3 24
$5.2B
$1.3B
Q2 24
$5.2B
$1.5B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FR
FR
PUMP
PUMP
Operating Cash FlowLast quarter
$81.0M
Free Cash FlowOCF − Capex
$16.8M
FCF MarginFCF / Revenue
5.8%
Capex IntensityCapex / Revenue
22.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$45.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FR
FR
PUMP
PUMP
Q1 26
Q4 25
$461.3M
$81.0M
Q3 25
$124.6M
$41.7M
Q2 25
$126.1M
$54.2M
Q1 25
$88.6M
$54.7M
Q4 24
$352.5M
$37.9M
Q3 24
$105.5M
$34.7M
Q2 24
$107.7M
$104.9M
Free Cash Flow
FR
FR
PUMP
PUMP
Q1 26
Q4 25
$16.8M
Q3 25
$-2.4M
Q2 25
$17.1M
Q1 25
$13.8M
Q4 24
$10.0M
Q3 24
$-6.0M
Q2 24
$67.7M
FCF Margin
FR
FR
PUMP
PUMP
Q1 26
Q4 25
5.8%
Q3 25
-0.8%
Q2 25
5.2%
Q1 25
3.8%
Q4 24
3.1%
Q3 24
-1.7%
Q2 24
19.0%
Capex Intensity
FR
FR
PUMP
PUMP
Q1 26
Q4 25
22.2%
Q3 25
15.0%
Q2 25
11.4%
Q1 25
11.4%
Q4 24
8.7%
Q3 24
11.3%
Q2 24
10.4%
Cash Conversion
FR
FR
PUMP
PUMP
Q1 26
Q4 25
5.85×
Q3 25
1.91×
Q2 25
2.28×
Q1 25
1.84×
5.70×
Q4 24
5.15×
Q3 24
1.06×
Q2 24
2.10×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FR
FR

Segment breakdown not available.

PUMP
PUMP

Hydraulic Fracturing Segment$203.9M70%
Wireline Operating Segment$55.4M19%
Cementing Operating Segment$29.6M10%

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