STOCK TITAN

LXP Industrial Trust (LXP) Financials

LXP
Trailing 12 months to June 30, 2026
Revenue $347.7M -4.2% YoY
Net Income $64.9M -25.9% YoY
EPS (Diluted) $1.82 FY2025 annual
Operating Cash Flow $191.6M -11.7% YoY
Market Cap $3.6B as of Oct 14, 2026
Price / Sales 10.3x on $347.7M revenue, trailing 12 months to June 30, 2026
Price / Earnings 55.5x on $64.9M net income, trailing 12 months to June 30, 2026
Price / Book 1.8x on $1.9B equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 14, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Jul 29, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the LXP SEC filings page.

LXP Industrial Trust (LXP) reported $347.7M in revenue over the twelve months to Jun 30, 2026, down 4.2% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 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

LXP's property portfolio produces fairly steady operating cash, while reported earnings swing and debt has been reduced alongside assets.

Cash conversion is more stable than accounting earnings: operating cash flow stayed near $200M in FY2024 and FY2025 even as net income rose from $44.5M to $113.2M. That gap indicates that non-cash property-related items and other accounting effects materially shape reported earnings, rather than cash generation moving in tandem.

Balance-sheet deleveraging accompanied portfolio shrinkage: from FY2024 to FY2025, total assets fell from $3.84B to $3.54B, while long-term debt declined from $1.57B to $1.35B and debt-to-equity improved from 0.7x to 0.7x. The lower debt ratio reflects reduced obligations relative to equity, not simply stronger operating growth.

Revenue stability did not prevent margin pressure: revenue declined 2.3% in FY2025, while gross margin narrowed from 83.1% to 81.6%. Yet operating cash flow still covered the $164.3M dividend distribution, leaving the reported cash engine stronger than the modest top-line and margin movement alone would suggest.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

FFO Margin FFOGrowth Leverage Interest Cov. AFFOMargin DividendCov. 37 / 100
Financial Health Score 37/100
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
81

FFO Margin measures funds from operations against revenue, and funds from operations is net income with property depreciation added back, since a building written down a little further every year on paper is often worth more rather than less. LXP Industrial Trust scores 81/100 on it among other REITs.

FFO Growth
28

FFO Growth follows the three-year path of funds from operations, which is net income with property depreciation added back. LXP Industrial Trust scores 28/100 on it among other REITs.

Leverage
0

Not available for LXP Industrial Trust, and counted as zero in the overall score.

Interest Cov.
0

Not available for LXP Industrial Trust, and counted as zero in the overall score.

AFFO Margin
82

AFFO Margin takes funds from operations, subtracts the spending a REIT needs just to keep its properties in working order, and measures what is left against revenue. LXP Industrial Trust scores 82/100 on it among other REITs.

Dividend Cov.
31

Dividend coverage measures funds from operations against the dividends actually paid, and a figure above 1 means the payout came out of operations. LXP Industrial Trust scores 31/100 on it among other REITs.

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
$88.1M
YoY+0.4%
QoQ+2.5%
5Y CAGR+1.6%

LXP Industrial Trust generated $88.1M in revenue in Q2 2026. This represents an increase of 0.4% from the same quarter a year earlier. Against the prior quarter it is up 2.5%.

Net Income
$55K
YoY-99.8%
QoQ+123.0%
5Y CAGR-76.2%
10Y CAGR-49.8%

LXP Industrial Trust reported $55K in net income in Q2 2026. This represents a decrease of 99.8% from the same quarter a year earlier. Against the prior quarter it is up 123.0%.

EPS (Diluted)
-$0.03
QoQ0.0%

LXP Industrial Trust earned -$0.03 per diluted share (EPS) in Q2 2026. It is unchanged from the prior quarter.

EBITDA

Not reported for Q2 2026.

Cash & Balance Sheet

Cash & Debt
$18.0M
YoY-74.7%
QoQ-86.2%
5Y CAGR-38.0%
10Y CAGR-11.3%

LXP Industrial Trust held $18.0M in cash against $1.4B in long-term debt as of Q2 2026.

Dividends Per Share
$0.70
QoQ0.0%
5Y CAGR+45.5%

LXP Industrial Trust paid $0.70 per share in dividends in Q2 2026. It is unchanged from the prior quarter.

Shares Outstanding
59M
QoQ0.0%
5Y CAGR-26.6%
10Y CAGR-13.0%

LXP Industrial Trust had 59M shares outstanding in Q2 2026. It is unchanged from the prior quarter.

Free Cash Flow

Not reported for Q2 2026.

Margins & Returns

Gross Margin
81.6%
YoY-0.3pp
QoQ+1.1pp

LXP Industrial Trust's gross margin was 81.6% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is down 0.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.1 percentage points.

Net Margin
0.1%
YoY-33.1pp
QoQ+0.3pp
5Y change-89.1pp

LXP Industrial Trust's net profit margin was 0.1% in Q2 2026, showing the share of revenue converted to profit. This is down 33.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.3 percentage points.

Return on Equity
0.0%
YoY-1.4pp
QoQ0.0pp
5Y change-3.6pp
10Y change-3.7pp

LXP Industrial Trust's ROE was 0.0% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 1.4 percentage points from the same quarter a year earlier. It is unchanged from the prior quarter.

Operating Margin

Not reported for Q2 2026.

Capital Allocation

Share Buybacks
$0
QoQ-100.0%

LXP Industrial Trust repurchased no shares in Q2 2026. Against the prior quarter it is down 100.0%.

R&D Spending

Not reported for Q2 2026.

Capital Expenditures

Not reported for Q2 2026.

LXP Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

LXP quarterly income statement
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Revenue$88.1M+0.4%$85.9M-3.3%$86.7M-14.0%$86.9M+1.6%$87.7M+2.3%$88.9M+3.0%$100.9M+21.6%$85.6M+0.2%
Cost of Revenue$16.2M+1.9%$16.7M-2.3%$16.0M+8.2%$15.3M+2.2%$15.9M+2.5%$17.1M+12.8%$14.8M+16.7%$15.0M+2.2%
Gross Profit$71.9M+0.1%$69.2M-3.5%$70.7M-17.8%$71.6M+1.4%$71.8M+2.2%$71.7M+0.9%$86.0M+22.5%$70.6M-0.2%
SG&A Expenses$9.7M+0.9%$10.3M-1.3%$10.7M+3.9%$9.3M-15.2%$9.6M+4.1%$10.4M+9.4%$10.3M+8.9%$11.0M+27.6%
Interest Expense$13.3M-19.5%$13.2M-18.8%$14.1M-11.2%$16.1M+0.4%$16.5M-6.5%$16.3M-4.1%$15.9M+14.2%$16.0M+46.3%
Income Tax$164K-17.6%$136K-36.7%-$435K-219.9%$184K+776.2%$199K+139.8%$215K+72.0%-$136K+71.7%$21K-90.5%
Net Income$55K-99.8%-$239K-101.3%$28.8M-12.9%$36.3M+471.7%$29.1M+436.9%$19.0M+7155.0%$33.0M+126.2%$6.3M-49.9%
EPS (Basic)-$0.03-106.4%-$0.03-110.0%$1.55+1309.1%$0.12+500.0%$0.47+4600.0%$0.30+3100.0%$0.11+175.0%$0.02-50.0%
EPS (Diluted)-$0.03-$0.03$1.55$0.12+500.0%$0.47$0.30$0.11+175.0%$0.02-50.0%
Diluted Shares (Avg)58M58MN/A293M+0.4%58M58MN/A292M+0.1%

Not reported in any period shown, so not listed: R&D Expenses, Operating Income, EBITDA.

LXP Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

LXP quarterly balance sheet
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Total Assets$3.5B-6.8%$3.5B-7.8%$3.5B-8.0%$3.7B-3.8%$3.7B-4.3%$3.8B-9.5%$3.8B-8.3%$3.9B-1.9%
Cash & Equivalents$18.0M-74.7%$130.1M+83.4%$170.4M+67.3%$229.7M+317.9%$71.0M+45.8%$70.9M-56.5%$101.8M-48.9%$55.0M+55.2%
Short-Term Investments$0$0$0$0$0$0-100.0%$0-100.0%$0
Accounts Receivable$2.9M-8.1%$4.0M+67.9%$3.5M+68.3%$2.8M+62.9%$3.1M+9.4%$2.4M-48.1%$2.1M-61.5%$1.7M-74.2%
Long-Term Investments$0$0$0$0$0$0$0$0
Total Liabilities$1.5B-7.8%$1.5B-11.7%$1.5B-13.6%$1.6B-5.4%$1.6B-5.5%$1.7B-14.1%$1.7B-10.6%$1.7B+5.7%
Long-Term Debt$1.4B-8.6%$1.3B-11.2%$1.4B-13.9%$1.5B$1.5B$1.5B$1.6BN/A
Total Equity$1.9B-5.6%$2.0B-4.2%$2.0B-2.9%$2.1B-1.8%$2.1B-3.3%$2.1B-5.2%$2.1B-6.0%$2.1B-6.9%

Not reported in any period shown, so not listed: Current Assets, Inventory, Goodwill, Current Liabilities, Non-Current Liabilities, Retained Earnings.

LXP Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

LXP quarterly cash flow statement
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Operating Cash Flow$48.7M+10.0%$37.5M-3.9%$41.9M-39.4%$63.5M-1.7%$44.3M+15.2%$39.0M+0.2%$69.2M+23.8%$64.6M+6.1%
Depreciation & Amortization$48.1M-2.6%$47.0M-7.0%$51.1M-2.5%$49.1M+1.5%$49.4M+2.1%$50.5M+6.3%$52.4M+6.4%$48.4M+6.2%
Investing Cash Flow-$133.1M-644.5%-$6.9M-129.6%$96.9M+340.7%$153.7M+971.4%$24.4M-77.7%$23.2M+183.7%$22.0M+116.0%-$17.6M-132.1%
Financing Cash Flow-$27.8M+59.6%-$71.0M+23.7%-$198.2M-347.0%-$58.4M-43.8%-$68.7M+73.9%-$93.1M-97.0%-$44.3M-118.1%-$40.7M+0.7%
Dividends Paid$42.3M+3.1%$43.0M+4.9%$41.1M+3.9%$41.1M+3.9%$41.1M+3.9%$41.0M+3.7%$39.6M+4.3%$39.5M+4.3%
Share Buybacks$0$15.8MN/AN/A$0$0N/AN/A

Not reported in any period shown, so not listed: Stock-Based Compensation, Capital Expenditures, Free Cash Flow.

LXP Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

LXP quarterly financial ratios
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Gross Margin81.6%-0.3pp80.5%-0.2pp81.5%-3.8pp82.3%-0.1pp81.9%-0.1pp80.7%-1.7pp85.3%+0.6pp82.5%-0.3pp
Net Margin0.1%-33.1pp-0.3%-21.6pp33.2%+0.4pp41.8%+34.3pp33.2%+26.9pp21.4%+21.7pp32.8%+15.2pp7.4%-7.4pp
Return on Equity0.0%-1.4pp0.0%-0.9pp1.4%-0.2pp1.8%+1.5pp1.4%+1.2pp0.9%+0.9pp1.6%+0.9pp0.3%-0.3pp
Return on Assets0.0%-0.8pp0.0%-0.5pp0.8%-0.1pp1.0%+0.8pp0.8%+0.6pp0.5%+0.5pp0.9%+0.5pp0.2%-0.2pp
Debt-to-Equity0.700.0x0.68-0.1x0.66-0.1x0.72-0.1x0.72-0.1x0.73-0.2x0.75-0.1x0.82+0.1x
Asset Turnover0.030.0x0.020.0x0.020.0x0.020.0x0.020.0x0.020.0x0.030.0x0.020.0x

Not reported in any period shown, so not listed: Operating Margin, Current Ratio, FCF Margin.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company Fiscal year Revenue Net income Net margin Market cap Health score
LXP Industrial Trust LXP FY2025 $350.2M $113.2M 32.3% $3.6B 37/100
National Storage Affiliates Trust NSA FY2025 $752.9M $73.8M 9.8% $3.4B 31/100
Terreno Realty Corporation TRNO FY2025 $476.4M $403.0M 84.6% $7.2B 51/100
Americold Realty Trust, Inc. COLD FY2025 $2.6B -$115.3M -4.4% $4.0B 32/100
STAG INDUSTRIAL, INC. STAG FY2025 $845.2M $273.5M 32.4% $7.0B 54/100
First Industrial Realty Trust, Inc. FR FY2025 $727.1M $247.4M 34.0% $7.9B 48/100

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%.

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.

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

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.

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.

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

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.

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

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

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

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

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.

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.

LXP Industrial Trust (LXP) trades at 55.5x earnings, its market capitalization divided by net income of $64.9M net income, trailing 12 months to June 30, 2026. The market capitalization is $3.6B as of Oct 14, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

LXP Industrial Trust (LXP) trades at 10.3x sales, its market capitalization divided by revenue of $347.7M revenue, trailing 12 months to June 30, 2026. The market capitalization is $3.6B as of Oct 14, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

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.

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.

LXP Industrial Trust (LXP) scores 37 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.

Back to top