First Industrial Realty Trust Inc vs Lineage Inc

First Industrial Realty Trust Inc (FR) is overvalued and we do not publish a verdict for Lineage Inc (LINE).

We publish an intrinsic value for FR but not for LINE, so the two cannot be ranked on price.

Values as of the 22 Sept 2026 close.

First Industrial Realty Trust Inc (FR)

Discounting its cash flows at 9.0% (average of 3 methods) values the shares at $33.50; the price of $61.89 is 85% above that value, and 76% of that value comes from beyond year five.

Leak Score 14/100 on 3 of 12 signals

Lineage Inc (LINE)

We do not publish a value for this company: its projected cash flows are negative in every year, including the terminal one.

Leak Score 0/100 on 1 of 12 signals

MetricFRLINE
VerdictOvervaluedNot valued
Price$61.89$37.40
Intrinsic value$33.50
Margin of safety-85%
Leak Score14/100 (3/12)0/100 (1/12)
Market cap$8.5B$8.5B
Revenue growth, 5 years10.1%9.7%
Operating margin41.6%4.3%
Net margin47.9%-3.0%
Return on equity13.4%-2.0%
Debt to equity0.931.03
P/E22.5x
Forward P/E31.7x
P/B3.0x1.1x
Dividend yield3.2%5.7%

All stocks in REIT - Industrial