• First Industrial Realty Trust average return on tangible equity for 2023 was 12.27, a 14.26% decline from 2022.
• First Industrial Realty Trust average return on tangible equity for 2022 was 14.31, a 16.72% decline from 2021.
• First Industrial Realty Trust average return on tangible equity for 2021 was 12.26, a 5.33% increase from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.