What is Lxp Industrial Trust's earnings per share (EPS)?

Lxp Industrial Trust (LXP) reported diluted earnings per share of $1.82 for fiscal year 2025. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Lxp Industrial Trust Financials

LXP

Source SEC Filings (10-K/10-Q) Data as of Mar 31, 2026 Currency USD FYE December

This page shows Lxp Industrial Trust (LXP) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI LXP FY2025 2026-04-29

Stable cash generation is being paired with asset recycling and deleveraging, rather than meaningful expansion of the asset base.

From FY2023 through FY2025, revenue stayed clustered around $350M and operating cash flow around $200M, so the core income engine looked broadly steady. Meanwhile, total assets fell from $4.19B to $3.54B, indicating portfolio recycling: capital is being pulled out of the balance sheet while the business tries to preserve cash-producing capacity.

Net income in FY2025 rose to $113.2M, yet operating cash flow remained higher at $188.7M. With depreciation and amortization at $200.1M, reported profit still understates the cash coming off the asset base, which makes cash conversion a better operating lens than net margin alone.

Long-term debt fell from $1.57B to $1.35B, which helps explain why financing drag eased. But dividends paid of $164.3M sat close to operating cash flow of $188.7M, so the business is returning most of its internally generated cash even while it lightens leverage.

Financial Health Signals

Financial Health Score 35/100

Scored as: REITs peer group

Scored against REITs for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Lxp Industrial Trust's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

FFO Margin

FFO Growth

AFFO Margin

Dividend Cov.

Piotroski F-Score Partial

7/8

Lxp Industrial Trust passes 7 of 8 computable financial strength tests (1 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), all 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Cash-Backed

1.67x

For every $1 of reported earnings, Lxp Industrial Trust generates $1.67 in operating cash flow ($188.7M OCF vs $113.2M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue

$350.2M

YoY-2.3%

5Y CAGR+1.2%

Lxp Industrial Trust generated $350.2M in revenue in fiscal year 2025. This represents a decrease of 2.3% from the prior year.

EBITDA

N/A

Net Income

$113.2M

YoY+154.1%

5Y CAGR-9.2%

10Y CAGR+0.1%

Lxp Industrial Trust reported $113.2M in net income in fiscal year 2025. This represents an increase of 154.1% from the prior year.

EPS (Diluted)

$1.82

Lxp Industrial Trust earned $1.82 per diluted share (EPS) in fiscal year 2025.

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$170.4M

YoY+67.3%

5Y CAGR-1.0%

10Y CAGR+6.2%

Lxp Industrial Trust held $170.4M in cash against $1.4B in long-term debt as of fiscal year 2025.

Dividends Per Share

$2.70

Lxp Industrial Trust paid $2.70 per share in dividends in fiscal year 2025.

Shares Outstanding

59M

Lxp Industrial Trust had 59M shares outstanding in fiscal year 2025.

Margins & Returns

Gross Margin

81.6%

YoY-1.5pp

Lxp Industrial Trust's gross margin was 81.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 1.5 percentage points from the prior year.

Operating Margin

N/A

Net Margin

32.3%

YoY+19.9pp

5Y CAGR-23.2pp

Lxp Industrial Trust's net profit margin was 32.3% in fiscal year 2025, showing the share of revenue converted to profit. This is up 19.9 percentage points from the prior year.

Return on Equity

5.6%

YoY+3.4pp

5Y CAGR-3.7pp

10Y CAGR-2.2pp

Lxp Industrial Trust's ROE was 5.6% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 3.4 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

$4.0M

5Y CAGR-18.4%

Lxp Industrial Trust spent $4.0M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

Capital Expenditures

N/A

LXP Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$350.2M-2.3%	$358.5M+5.3%	$340.5M+6.0%	$321.2M-6.6%	$344.0M+4.1%	$330.4M
Cost of Revenue	$64.4M+6.4%	$60.5M+3.6%	$58.4M+6.4%	$54.9M+16.0%	$47.3M	N/A
Gross Profit	$285.8M-4.1%	$297.9M+5.6%	$282.1M+5.9%	$266.4M-10.2%	$296.7M	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$40.1M0.0%	$40.0M+10.2%	$36.3M-6.1%	$38.7M+9.2%	$35.5M+16.7%	$30.4M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$62.9M-5.3%	$66.5M+43.3%	$46.4M+2.1%	$45.4M-2.8%	$46.7M-15.4%	$55.2M
Income Tax	$163K+75.3%	$93K-43.6%	$165K-85.0%	$1.1M-14.8%	$1.3M-18.4%	$1.6M
Net Income	$113.2M+154.1%	$44.5M+46.6%	$30.4M-73.3%	$113.8M-70.3%	$382.6M+108.8%	$183.3M
EPS (Diluted)	$1.82	$0.65+58.5%	$0.41+7.9%	$0.38-71.6%	$1.34+103.0%	$0.66

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Revenue	$85.9M-0.9%	$86.7M-0.2%	$86.9M-0.9%	$87.7M-1.3%	$88.9M-11.9%	$100.9M+17.9%	$85.6M-0.3%	$85.8M
Cost of Revenue	$16.7M+4.3%	$16.0M+4.6%	$15.3M-3.3%	$15.9M-7.3%	$17.1M+15.5%	$14.8M-1.2%	$15.0M-3.0%	$15.5M
Gross Profit	$69.2M-2.1%	$70.7M-1.2%	$71.6M-0.4%	$71.8M+0.2%	$71.7M-16.6%	$86.0M+21.9%	$70.6M+0.4%	$70.3M
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$10.3M-4.2%	$10.7M+14.8%	$9.3M-3.2%	$9.6M-7.3%	$10.4M+0.8%	$10.3M-6.2%	$11.0M+18.9%	$9.2M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$13.2M-6.1%	$14.1M-12.5%	$16.1M-2.3%	$16.5M+1.1%	$16.3M+2.7%	$15.9M-1.1%	$16.0M-8.9%	$17.6M
Income Tax	$136K+131.3%	-$435K-336.4%	$184K-7.5%	$199K-7.4%	$215K+258.1%	-$136K-747.6%	$21K-74.7%	$83K
Net Income	-$239K-100.8%	$28.8M-20.7%	$36.3M+24.5%	$29.1M+53.5%	$19.0M-42.5%	$33.0M+420.5%	$6.3M+17.0%	$5.4M
EPS (Diluted)	$-0.03	N/A	$0.12+33.3%	$0.09-70.0%	$0.30	N/A	$0.02+100.0%	$0.01

LXP Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$3.5B-8.0%	$3.8B-8.3%	$4.2B+3.4%	$4.1B+1.2%	$4.0B+14.7%	$3.5B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$170.4M+67.3%	$101.8M-48.9%	$199.2M+266.3%	$54.4M-71.5%	$190.9M+6.8%	$178.8M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$3.5M+68.3%	$2.1M-61.5%	$5.3M+75.8%	$3.0M-14.1%	$3.5M+21.6%	$2.9M
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$1.5B-13.6%	$1.7B-10.6%	$1.9B+15.9%	$1.7B-1.2%	$1.7B+12.0%	$1.5B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$1.4B-13.9%	$1.6B	N/A	N/A	N/A	N/A
Total Equity	$2.0B-2.9%	$2.1B-6.0%	$2.2B-5.1%	$2.4B+2.7%	$2.3B+16.2%	$2.0B
Retained Earnings	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Total Assets	$3.5B-2.0%	$3.5B-4.6%	$3.7B-0.2%	$3.7B-1.1%	$3.8B-2.2%	$3.8B-0.3%	$3.9B-0.8%	$3.9B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$130.1M-23.6%	$170.4M-25.8%	$229.7M+223.7%	$71.0M+0.1%	$70.9M-30.3%	$101.8M+85.3%	$55.0M+12.9%	$48.7M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$4.0M+14.7%	$3.5M+23.8%	$2.8M-11.4%	$3.1M+33.4%	$2.4M+15.1%	$2.1M+19.8%	$1.7M-40.5%	$2.9M
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$1.5B-1.4%	$1.5B-9.0%	$1.6B+0.3%	$1.6B-1.9%	$1.7B-3.5%	$1.7B-0.3%	$1.7B+0.2%	$1.7B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$1.3B-0.2%	$1.4B-9.3%	$1.5B0.0%	$1.5B-1.9%	$1.5B-3.2%	$1.6B	N/A	N/A
Total Equity	$2.0B-2.4%	$2.0B-1.2%	$2.1B-0.1%	$2.1B-0.5%	$2.1B-1.1%	$2.1B-0.1%	$2.1B-1.6%	$2.1B
Retained Earnings	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

LXP Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$188.7M-10.6%	$211.2M+0.8%	$209.4M+7.8%	$194.3M-11.8%	$220.3M+9.2%	$201.8M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	$298.2M+245.1%	$86.4M+147.1%	-$183.5M+22.6%	-$236.9M+29.9%	-$337.8M+31.7%	-$494.4M
Financing Cash Flow	-$418.3M-5.9%	-$395.0M-432.0%	$119.0M+226.7%	-$93.9M-172.7%	$129.1M-62.3%	$342.6M
Dividends Paid	$164.3M+3.9%	$158.2M+4.1%	$151.9M+6.6%	$142.5M+11.0%	$128.3M+8.4%	$118.4M
Share Buybacks	$4.0M	$0	$0-100.0%	$130.7M	$0-100.0%	$11.0M

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Operating Cash Flow	$37.5M-10.7%	$41.9M-34.0%	$63.5M+43.4%	$44.3M+13.6%	$39.0M-43.7%	$69.2M+7.2%	$64.6M+68.0%	$38.5M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	-$6.9M-107.1%	$96.9M-37.0%	$153.7M+529.0%	$24.4M+5.4%	$23.2M+5.4%	$22.0M+224.6%	-$17.6M-116.1%	$109.8M
Financing Cash Flow	-$71.0M+64.2%	-$198.2M-239.0%	-$58.4M+14.9%	-$68.7M+26.2%	-$93.1M-109.9%	-$44.3M-9.0%	-$40.7M+84.5%	-$262.7M
Dividends Paid	$43.0M+4.7%	$41.1M0.0%	$41.1M0.0%	$41.1M+0.2%	$41.0M+3.7%	$39.6M+0.1%	$39.5M0.0%	$39.5M
Share Buybacks	$15.8M	N/A	N/A	N/A	$0	N/A	N/A	N/A

LXP Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	81.6%-1.5pp	83.1%+0.3pp	82.8%-0.1pp	82.9%-3.3pp	86.3%	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	32.3%+19.9pp	12.4%+3.5pp	8.9%-26.5pp	35.4%-75.8pp	111.2%+55.8pp	55.5%
Return on Equity	5.6%+3.4pp	2.1%+0.8pp	1.4%-3.5pp	4.8%-11.9pp	16.7%+7.4pp	9.3%
Return on Assets	3.2%+2.0pp	1.2%+0.4pp	0.7%-2.1pp	2.8%-6.7pp	9.6%+4.3pp	5.3%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	0.66-0.1	0.75-0.1	0.86+0.2	0.71-0.0	0.73-0.0	0.76
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Gross Margin	80.5%-1.0pp	81.5%-0.8pp	82.3%+0.4pp	81.9%+1.2pp	80.7%-4.6pp	85.3%+2.8pp	82.5%+0.5pp	82.0%
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	-0.3%-33.5pp	33.2%-8.6pp	41.8%+8.5pp	33.2%+11.8pp	21.4%-11.4pp	32.8%+25.3pp	7.4%+1.1pp	6.3%
Return on Equity	-0.0%-1.4pp	1.4%-0.4pp	1.8%+0.4pp	1.4%+0.5pp	0.9%-0.7pp	1.6%+1.3pp	0.3%+0.1pp	0.3%
Return on Assets	-0.0%-0.8pp	0.8%-0.2pp	1.0%+0.2pp	0.8%+0.3pp	0.5%-0.4pp	0.9%+0.7pp	0.2%+0.0pp	0.1%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	0.68+0.0	0.66-0.1	0.720.0	0.72-0.0	0.73-0.0	0.75-0.1	0.82+0.0	0.81
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Similar Companies

National Storage Affiliates Tr NSA

$3.5B

Terreno Realty TRNO

$7.4B

Americold Realty COLD

$4.5B

Stag Indl Inc STAG

$7.5B

First Indl Rlty Tr Inc FR

$8.6B

Frequently Asked Questions

What is Lxp Industrial Trust's annual revenue?

Lxp Industrial Trust (LXP) reported $350.2M in total revenue for fiscal year 2025. This represents a -2.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Lxp Industrial Trust's revenue growing?

Lxp Industrial Trust (LXP) revenue declined by 2.3% year-over-year, from $358.5M to $350.2M in fiscal year 2025.

Is Lxp Industrial Trust profitable?

Yes, Lxp Industrial Trust (LXP) reported a net income of $113.2M in fiscal year 2025, with a net profit margin of 32.3%.

How much debt does Lxp Industrial Trust have?

As of fiscal year 2025, Lxp Industrial Trust (LXP) had $170.4M in cash and equivalents against $1.4B in long-term debt.

What is Lxp Industrial Trust's gross margin?

Lxp Industrial Trust (LXP) had a gross margin of 81.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Lxp Industrial Trust's net profit margin?

Lxp Industrial Trust (LXP) had a net profit margin of 32.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does Lxp Industrial Trust pay dividends?

Yes, Lxp Industrial Trust (LXP) paid $2.70 per share in dividends during fiscal year 2025.

What is Lxp Industrial Trust's return on equity (ROE)?

Lxp Industrial Trust (LXP) has a return on equity of 5.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Lxp Industrial Trust's operating cash flow?

Lxp Industrial Trust (LXP) generated $188.7M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Lxp Industrial Trust's total assets?

Lxp Industrial Trust (LXP) had $3.5B in total assets as of fiscal year 2025, including both current and long-term assets.

Does Lxp Industrial Trust buy back shares?

Yes, Lxp Industrial Trust (LXP) spent $4.0M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Lxp Industrial Trust have outstanding?

Lxp Industrial Trust (LXP) had 59M shares outstanding as of fiscal year 2025.

What is Lxp Industrial Trust's debt-to-equity ratio?

Lxp Industrial Trust (LXP) had a debt-to-equity ratio of 0.66 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Lxp Industrial Trust's return on assets (ROA)?

Lxp Industrial Trust (LXP) had a return on assets of 3.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Lxp Industrial Trust's Piotroski F-Score?

Lxp Industrial Trust (LXP) has a Piotroski F-Score of 7 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Lxp Industrial Trust's earnings high quality?

Lxp Industrial Trust (LXP) has an earnings quality ratio of 1.67x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Lxp Industrial Trust?

Lxp Industrial Trust (LXP) scores 35 out of 100 on our Financial Health Score, indicating weak standing within its REITs peer group. The score is a 0-100 composite of six dimensions (FFO Margin, FFO Growth, Leverage, Interest Cov., AFFO Margin, Dividend Cov.), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.