Logo

LXP-PC

LXP Industrial Trust

LXP-PC

LXP Industrial Trust • NYSE
$46.75 ▼ -1.12% (-0.53)
Market Cap $2.73 B
52w High $50.88
52w Low $43.94
Dividend Yield 3.25%
P/E 38.41
Volume 2.35K
Outstanding Shares 58.37M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $86.902M ▼ $70.951M ▲ $36.189M ▲ 41.643% ▲ $0.6 ▲ $107.388M ▲
Q2-2025 $87.719M ▼ $9.63M ▼ $29.132M ▲ 33.211% ▲ $0.47 ▲ $59.783M ▼
Q1-2025 $88.863M ▼ $10.39M ▲ $18.978M ▼ 21.356% ▼ $0.296 ▼ $61.344M ▼
Q4-2024 $100.851M ▲ $10.199M ▼ $33.031M ▲ 32.752% ▲ $0.55 ▲ $75.82M ▲
Q3-2024 $85.57M $11.035M $6.346M 7.416% $0.081 $59.524M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $229.737M ▲ $3.709B ▼ $1.635B ▲ $2.061B ▼
Q2-2025 $70.976M ▲ $3.717B ▼ $1.631B ▼ $2.064B ▼
Q1-2025 $70.935M ▼ $3.76B ▼ $1.663B ▼ $2.075B ▼
Q4-2024 $101.836M ▲ $3.843B ▼ $1.723B ▼ $2.098B ▼
Q3-2024 $54.971M $3.854B $1.728B $2.1B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $36.189M ▲ $67.398M ▲ $150.486M ▲ $-59.118M ▲ $158.766M ▲ $60.817M ▲
Q2-2025 $0 $44.292M ▲ $24.437M ▲ $-68.683M ▲ $46K ▲ $35.49M ▼
Q1-2025 $0 $38.986M ▼ $23.178M ▲ $-93.06M ▼ $-30.896M ▼ $36.023M ▼
Q4-2024 $0 ▲ $69.221M ▲ $21.983M ▲ $-44.334M ▼ $46.87M ▲ $62.893M ▲
Q3-2024 $-4.989M $64.597M $-17.64M $-40.656M $6.301M $56.839M

Revenue by Products

Product Q2-2024Q1-2025Q2-2025Q3-2025
Investment Advice
Investment Advice
 $0 ▲$0 ▲$0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement Revenue has inched up over time, but not dramatically, suggesting slow, steady growth in the industrial portfolio rather than rapid expansion. Underlying cash earnings look quite stable, which is typical for a diversified landlord with long leases. Reported profit, however, has been bumpy, with one standout year followed by more modest results. That pattern often reflects one‑off items, property sales, or valuation swings rather than big changes in the day‑to‑day rental business. Overall, the income statement points to a dependable rental engine with some accounting volatility layered on top.

Balance Sheet

Balance Sheet The balance sheet shows a fairly large, mostly stable real estate platform that has grown over the past few years and then trimmed back slightly more recently. Debt has crept higher over time but not in an alarming way, and equity has generally increased, suggesting that the trust has been able to build owner value while using leverage in a controlled manner. Cash on hand is relatively modest, which is common for REITs that prefer to keep capital invested in properties, but it does mean the trust relies on steady cash inflows and financing access to stay flexible.

Cash Flow

Cash Flow Cash flow is a relative strength. Operating cash coming in from rents has been consistent, and after normal spending on properties, there is usually cash left over. Investment in the portfolio has been measured rather than aggressive, which helps keep free cash flow positive. This pattern supports the typical REIT model: stable cash generation, disciplined capital spending, and the ability to fund distributions and selective growth without putting excessive strain on the finances.

Competitive Edge

Competitive Edge LXP focuses on modern, high‑quality industrial properties in logistics‑driven Sunbelt and Midwest markets, where population growth, freight activity, and onshoring trends support warehouse demand. Its emphasis on newer, Class A facilities helps it tap into the “flight to quality,” where tenants prefer efficient, well‑located buildings even in slower markets. At the same time, LXP competes with much larger industrial REITs and institutional owners that have deeper balance sheets and broader platforms, so maintaining a sharp focus on chosen markets, tenant relationships, and asset quality is key to defending its niche.

Innovation and R&D

Innovation and R&D While it does not invest in research and development in the traditional sense, LXP has leaned into innovation through sustainability and property technology. The trust has pursued green building certifications, solar projects, and ambitious emissions goals, and it has embedded sustainability terms directly into many leases. It has also rolled out a modern property operations platform to improve maintenance, communication, and data use across its portfolio. These steps are more about steady, practical improvements than flashy breakthroughs, but they can support tenant satisfaction, operating efficiency, and long‑term relevance in a sector that is slowly becoming more tech‑ and ESG‑driven.

Summary

Overall, LXP Industrial Trust looks like a steady, income‑oriented industrial REIT with a modern, logistics‑focused portfolio and measured growth. The financials show consistent cash generation and generally sound leverage, even though reported profit moves around from year to year. Strategically, its concentration in growth corridors and emphasis on quality assets, sustainability, and technology give it a clear identity, but it still operates in a highly competitive space dominated by larger players and is exposed to typical REIT risks such as interest rate cycles, tenant dynamics, and capital market conditions. The story here is one of disciplined execution and gradual improvement rather than rapid transformation.