vs

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

FIRST INDUSTRIAL REALTY TRUST INC is the larger business by last-quarter revenue ($194.8M vs $175.6M, roughly 1.1× REX AMERICAN RESOURCES Corp). FIRST INDUSTRIAL REALTY TRUST INC runs the higher net margin — 75.9% vs 15.6%, a 60.3% gap on every dollar of revenue. On growth, FIRST INDUSTRIAL REALTY TRUST INC posted the faster year-over-year revenue change (10.0% vs 0.4%). Over the past eight quarters, FIRST INDUSTRIAL REALTY TRUST INC's revenue compounded faster (8.9% CAGR vs -3.2%).

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.

REX American Resources Corp. is an American producer and retailer of ethanol, distillers grains and natural gas as well as a holding company in energy entities. It was founded in 1980 and is headquartered in Dayton, Ohio. The company has the entire ownership of three affiliated corporations including Rex Radio and Television, Inc., Stereo Town, Inc. and Kelly & Cohen Appliances, Inc. As of 2012, the company has the ownership of 22 national retail stores and invested in five ethanol production...

FR vs REX — Head-to-Head

Bigger by revenue
FR
FR
1.1× larger
FR
$194.8M
$175.6M
REX
Growing faster (revenue YoY)
FR
FR
+9.6% gap
FR
10.0%
0.4%
REX
Higher net margin
FR
FR
60.3% more per $
FR
75.9%
15.6%
REX
Faster 2-yr revenue CAGR
FR
FR
Annualised
FR
8.9%
-3.2%
REX

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
FR
FR
REX
REX
Revenue
$194.8M
$175.6M
Net Profit
$147.9M
$27.5M
Gross Margin
20.6%
Operating Margin
20.2%
Net Margin
75.9%
15.6%
Revenue YoY
10.0%
0.4%
Net Profit YoY
179.7%
-8.7%
EPS (diluted)
$1.08
$0.71

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
REX
REX
Q1 26
$194.8M
Q4 25
$188.4M
$175.6M
Q3 25
$181.4M
$158.6M
Q2 25
$180.2M
$158.3M
Q1 25
$177.1M
$158.2M
Q4 24
$175.6M
$174.9M
Q3 24
$167.6M
$148.2M
Q2 24
$164.1M
$161.2M
Net Profit
FR
FR
REX
REX
Q1 26
$147.9M
Q4 25
$78.8M
$27.5M
Q3 25
$65.3M
$9.3M
Q2 25
$55.2M
$10.7M
Q1 25
$48.1M
$14.1M
Q4 24
$68.4M
$30.1M
Q3 24
$99.4M
$15.0M
Q2 24
$51.3M
$12.3M
Gross Margin
FR
FR
REX
REX
Q1 26
Q4 25
20.6%
Q3 25
9.0%
Q2 25
9.1%
Q1 25
11.1%
Q4 24
22.7%
Q3 24
13.3%
Q2 24
9.0%
Operating Margin
FR
FR
REX
REX
Q1 26
Q4 25
34.6%
20.2%
Q3 25
37.0%
Q2 25
31.7%
Q1 25
31.2%
11.3%
Q4 24
40.1%
22.6%
Q3 24
62.6%
13.2%
Q2 24
31.8%
9.9%
Net Margin
FR
FR
REX
REX
Q1 26
75.9%
Q4 25
41.8%
15.6%
Q3 25
36.0%
5.9%
Q2 25
30.6%
6.7%
Q1 25
27.2%
8.9%
Q4 24
39.0%
17.2%
Q3 24
59.3%
10.1%
Q2 24
31.3%
7.6%
EPS (diluted)
FR
FR
REX
REX
Q1 26
$1.08
Q4 25
$0.60
$0.71
Q3 25
$0.49
$0.43
Q2 25
$0.42
$0.51
Q1 25
$0.36
$-0.32
Q4 24
$0.51
$0.69
Q3 24
$0.75
$0.70
Q2 24
$0.39
$0.58

Balance Sheet & Financial Strength

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

Metric
FR
FR
REX
REX
Cash + ST InvestmentsLiquidity on hand
$335.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.9B
$566.9M
Total Assets
$5.8B
$750.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FR
FR
REX
REX
Q1 26
Q4 25
$78.0M
$335.5M
Q3 25
$33.5M
$310.5M
Q2 25
$34.9M
$315.9M
Q1 25
$35.7M
$359.1M
Q4 24
$44.5M
$365.1M
Q3 24
$47.1M
$346.0M
Q2 24
$38.5M
$351.8M
Stockholders' Equity
FR
FR
REX
REX
Q1 26
$2.9B
Q4 25
$2.7B
$566.9M
Q3 25
$2.7B
$545.8M
Q2 25
$2.6B
$536.4M
Q1 25
$2.7B
$560.3M
Q4 24
$2.7B
$564.5M
Q3 24
$2.6B
$539.6M
Q2 24
$2.6B
$524.5M
Total Assets
FR
FR
REX
REX
Q1 26
$5.8B
Q4 25
$5.7B
$750.1M
Q3 25
$5.5B
$700.6M
Q2 25
$5.5B
$693.8M
Q1 25
$5.4B
$720.0M
Q4 24
$5.3B
$715.7M
Q3 24
$5.2B
$680.0M
Q2 24
$5.2B
$671.0M

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
REX
REX
Operating Cash FlowLast quarter
$51.2M
Free Cash FlowOCF − Capex
$24.5M
FCF MarginFCF / Revenue
14.0%
Capex IntensityCapex / Revenue
15.2%
Cash ConversionOCF / Net Profit
1.87×
TTM Free Cash FlowTrailing 4 quarters
$17.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FR
FR
REX
REX
Q1 26
Q4 25
$461.3M
$51.2M
Q3 25
$124.6M
$16.3M
Q2 25
$126.1M
$-3.5M
Q1 25
$88.6M
$25.1M
Q4 24
$352.5M
$33.4M
Q3 24
$105.5M
$8.0M
Q2 24
$107.7M
$-2.3M
Free Cash Flow
FR
FR
REX
REX
Q1 26
Q4 25
$24.5M
Q3 25
$-5.7M
Q2 25
$-10.4M
Q1 25
$9.2M
Q4 24
$18.2M
Q3 24
$-7.4M
Q2 24
$-27.1M
FCF Margin
FR
FR
REX
REX
Q1 26
Q4 25
14.0%
Q3 25
-3.6%
Q2 25
-6.6%
Q1 25
5.8%
Q4 24
10.4%
Q3 24
-5.0%
Q2 24
-16.8%
Capex Intensity
FR
FR
REX
REX
Q1 26
Q4 25
15.2%
Q3 25
13.9%
Q2 25
4.4%
Q1 25
10.0%
Q4 24
8.7%
Q3 24
10.4%
Q2 24
15.4%
Cash Conversion
FR
FR
REX
REX
Q1 26
Q4 25
5.85×
1.87×
Q3 25
1.91×
1.75×
Q2 25
2.28×
-0.33×
Q1 25
1.84×
1.78×
Q4 24
5.15×
1.11×
Q3 24
1.06×
0.53×
Q2 24
2.10×
-0.18×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FR
FR

Segment breakdown not available.

REX
REX

Ethanol$136.0M77%
Dried Distillers Grains$22.4M13%
Distillers Corn Oil$16.4M9%
Modified Distillers Grains$1.2M1%

Related Comparisons