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LXP Industrial Trust is a publicly traded real estate investment trust (REIT) focused on Class A warehouse and distribution investments in 12 target markets across the Sunbelt and lower Midwest. LXP seeks to expand its warehouse and distribution portfolio through acquisitions, build-to-suit transactions, sale-leaseback transactions, development projects and other transactions. LXP Industrial Trust was incorporated in 1993 in Maryland, USA.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $350M | $390M | $113M | $164M | 5.8% | -2.3% | 154.1% |
| 2024 | $358M | $313M | $45M | $193M | 2.2% | 5.3% | 46.6% |
| 2023 | $341M | $272M | $30M | $192M | 1.4% | 6.0% | -73.3% |
| 2022 | $321M | $334M | $114M | $162M | 5.0% | - | - |
| 2021 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 321.24 | 340.50 | 358.46 | 350.23 |
| Cost Of Revenue | - | 235.44 | 241.92 | 253.38 | 261.01 |
| Gross Profit | - | 85.81 | 98.58 | 105.08 | 89.22 |
| Operating Expense | - | 38.81 | 36.30 | 39.98 | 40.05 |
| Operating Income | - | 47 | 62.28 | 65.10 | 49.16 |
| EBITDA | - | 334.16 | 272.32 | 313.16 | 390.21 |
| EBIT | - | 146.76 | 81.65 | 112.36 | 185.64 |
| Pretax Income | - | 101.34 | 35.26 | 45.89 | 122.71 |
| Tax Provision | - | 1.10 | 0.70 | -0.13 | 0.70 |
| Net Income | - | 113.78 | 30.38 | 44.53 | 113.16 |
| Net Income Common Stockholders | - | 107.31 | 23.86 | 37.92 | 106.47 |
| Total Expenses | - | 274.24 | 278.22 | 293.36 | 301.06 |
| Interest Expense | - | 45.42 | 46.39 | 66.48 | 62.92 |
| Selling General And Administration | - | 38.71 | 36.33 | 40.04 | 40.05 |
| Normalized EBITDA | - | 235.34 | 255.94 | 273.60 | 256.57 |
| Normalized Income | - | 16.04 | 14.33 | 13.28 | -19.72 |
| Market Cap | 2,990.33 | 2,990.33 | 2,990.33 | 2,990.33 | 2,990.33 |
Real Estate sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| LXP Industrial Trustthis co. | LXP | $3.2B | 26.43↓ discount | 1.54 | 5.8% | 10.46 |
| Acadia Realty Trust | AKR | $3.5B | 162.21 | 1.23 | 0.8% | 21.69 |
| Blackstone Mortgage Trust, Inc. | BXMT | $3.4B | 30.92 | 0.97 | 3.1% | - |
| Cushman & Wakefield Limited | CWK | $3.3B | 38.12 | 1.72 | 4.5% | 10.70 |
| Apple Hospitality REIT, Inc. | APLE | $3.1B |
| - |
| - |
| - |
| - |
| - |
| 17.75 |
| 0.99 |
| 5.6% |
| 10.56 |
| Curbline Properties Corp. | CURB | $3.0B | 74.46 | 1.55 | 2.1% | 24.85 |
| Urban Edge Properties | UE | $2.7B | 32.46 | 2.36 | 7.3% | 14.89 |
| Highwoods Properties, Inc. | HIW | $2.6B | 16.50 | 1.12 | 6.8% | 10.10 |
| Four Corners Property Trust, Inc. | FCPT | $2.6B | 24.84 | 1.71 | 6.9% | 17.72 |
| Peer Median | - | 31.69 | 1.39 | 5.0% | 14.89 | |