We are a Maryland real estate investment trust, qualified as a REIT for federal income tax purposes, focused on Class A warehouse and distribution real estate investments in target markets in the Sunbelt and lower Midwest. Class A real estate encompasses attractive and efficient buildings of high quality that are well-designed and constructed with above-average material, workmanship and finishes and are well-maintained and managed. A majority of our properties are subject to net or similar leases, where the tenant bears all or substantially all of the costs, including cost increases, for real estate taxes, utilities, insurance and ordinary repairs. However, certain leases provide that the landlord is responsible for certain operating expenses. As of December 31, 2025, we had equity ownership interests in approximately 108 consolidated real estate properties, located in 14 states and containing an aggregate of approximately 52.7 million square feet of space, approximately 97.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 350M | 350M | 358M | 341M | 321M | 344M |
| Net Income | 106M | 106M | 38M | 24M | 107M | 376M |
| EPS | $1.82 | $1.82 | $0.65 | $0.41 | $1.90 | $6.70 |
| Free Cash Flow | 156M | 156M | 49M | 194M | 62M | -538M |
| ROIC | 6.0% | 6.0% | 3.5% | 2.2% | 4.6% | 13.2% |
| Gross Margin | 24.5% | 24.5% | 28.3% | 28.1% | 25.8% | 34.1% |
| Debt/Equity | 0.47 | 0.47 | 0.52 | 0.58 | 0.42 | 0.56 |
| Dividends/Share | $2.81 | $2.70 | $2.60 | $2.57 | $2.40 | $2.21 |
| Operating Income | 170M | 170M | 104M | 71M | 154M | 424M |
| Operating Margin | 48.6% | 48.6% | 29.1% | 20.8% | 47.9% | 123.2% |
| ROE | 5.2% | 5.1% | 1.8% | 1.1% | 4.6% | 16.4% |
| Shares Outstanding | 58M | 58M | 58M | 59M | 56M | 56M |
LXP Industrial Trust passes 2 of 9 quality checks, indicating weak fundamentals.
LXP Industrial Trust trades at 27.0x trailing earnings, compared to its 15-year median P/E of 17.0x, suggesting it is currently Fair relative to its historical range. On a free-cash-flow basis, the stock trades at 18.4x vs a median of 13.4x. The company's 5-year average ROIC is 5.9% with a gross margin of 28.1%. Total shareholder yield (dividends + buybacks) is 5.9%. At current prices, the estimated annualized return to fair value is -9.2%.
LXP Industrial Trust (LXP) has a current P/E ratio of 27.0, compared to its historical median P/E of 17.0. The stock is currently considered Fair based on its historical valuation range.
LXP Industrial Trust (LXP) has a 5-year average return on invested capital (ROIC) of 5.9%. This is below average and may indicate limited pricing power.
LXP Industrial Trust (LXP) has a market capitalization of $2.9B. It is classified as a mid-cap stock.
Yes, LXP Industrial Trust (LXP) pays a dividend with a trailing twelve-month yield of 5.72%. The company also returns capital through share buybacks, with a buyback yield of 0.14%.
Based on historical P/E analysis, LXP Industrial Trust (LXP) appears fair. The current P/E of 27.0 is 59% above its historical median of 17.0. The estimated fair value CAGR (P/E method) is -27.6%.
LXP Industrial Trust (LXP) operates in the Real Estate Investment Trusts industry, within the Real Estate sector.
LXP Industrial Trust (LXP) reported annual revenue of $350 million in its most recent fiscal year, based on SEC EDGAR filings.
LXP Industrial Trust (LXP) has a net profit margin of 30.4%. This is a strong margin indicating high profitability.
LXP Industrial Trust (LXP) generated $156 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
LXP Industrial Trust (LXP) has a debt-to-equity ratio of 0.47. This indicates a conservatively financed balance sheet.
LXP Industrial Trust (LXP) reported earnings per share (EPS) of $1.82 in its most recent fiscal year.
LXP Industrial Trust (LXP) has a return on equity (ROE) of 5.1%. This indicates moderate shareholder returns.
LXP Industrial Trust (LXP) has a 5-year average gross margin of 28.1%. This lower margin is typical of capital-intensive or commodity businesses.
The Ledger Terminal provides 15 years of financial data for LXP Industrial Trust (LXP), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
LXP Industrial Trust (LXP) has a book value per share of $34.82, based on its most recent annual SEC filing.