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LXPLXP Industrial Trust
$55.64$3.3B
Overview & Verdict
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LXP logoLXP Industrial Trust(LXP)Earnings, Financials & Key Ratios

LXP•NYSE•REIT / Real Estate
$55.64
30.6× P/E·Price updated Jul 6, 2026
SectorReal EstateIndustryIndustrial REITsSub-IndustryIndustrial Logistics Warehouse REITs
AboutLexington Realty Trust (NYSE: LXP) is a publicly traded real estate investment trust (REIT) that owns a portfolio of real estate assets consisting primarily of equity investments in single-tenant net-leased industrial properties across the United States. Lexington seeks to expand its industrial portfolio through build-to-suit transactions, sale-leaseback transactions and other transactions, including acquisitions.Show more
  • Revenue$350M-2.3%
  • FFO$310M+30.5%
  • FFO/Share5.29+29.9%
  • FFO Payout53.03%-20.4%
  • FFO per Share5.29+29.9%
  • NOI Margin-30.66%-204.6%
  • FFO Margin88.45%+33.6%
  • ROE5.43%+167.3%
  • ROA3.07%+176.7%

LXP Price & Volume

LXP Industrial Trust (LXP) stock price & volume — 10-year historical chart

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Portfolio Transition Masks Industrial Earnings Growth Potential

Investment Thesis • Updated 2026Q1

VerdictNeutral
Growth:Mixed
Profitability:Strained
Financial:Healthy
Cash Flow:Mixed
Primary Risk:Legacy asset disposition volatility

Key Thesis Takeaways

  • LXP is currently executing a strategic pivot from legacy office assets to a pure-play industrial portfolio, a transition that has caused significant volatility in reported NOI margins and GAAP net income.
  • While the company maintains a conservative balance sheet with a 0.63 Debt/Equity ratio, investors should monitor whether the pace of asset dispositions continues to outstrip the revenue contribution from new industrial developments.
  • The long-term thesis rests on the successful stabilization of the industrial pipeline to improve FFO consistency, which currently fluctuates significantly due to non-recurring items.

Verdict Logic

while the dividend is supported by an AFFO payout ratio that has remained below 1.00 in recent periods, the 30.55 P/E TTM and ongoing earnings volatility suggest investors should wait for more consistent FFO growth before increasing exposure.

LXP Growth Metrics

LXP Industrial Trust (LXP) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-2.05%
5 Years1.17%
3 Years2.92%
TTM-3.81%

Profit CAGR

10 Years0.13%
5 Years-9.2%
3 Years-0.18%
TTM47.15%

EPS CAGR

10 Years-2.1%
5 Years-11.22%
3 Years-1.42%
TTM51.31%

Return on Capital

10 Years3.93%
5 Years1.63%
3 Years1.53%
Last Year1.36%

LXP Recent Earnings

LXP Industrial Trust (LXP) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 2/12 qtrs (17%)●Beat Revenue 10/12 qtrs (83%)
Q2 2026Latest
Apr 29, 2026
Metric
Actual
Est
EPS
$0.80-1.2%
$0.81
Rev
$86M+5.4%
$81M
Q1 2026
Feb 12, 2026
Metric
Actual
Est
EPS
$0.79-7.1%
$0.85
Rev
$86M+4.0%
$82M
Q4 2025
Oct 30, 2025
Metric
Actual
Est
EPS
$0.80+0.0%
$0.80
Rev
$87M+1.0%
$86M
Q3 2025
Jul 30, 2025
Metric
Actual
Est
EPS
$0.16+0.0%
$0.16
Rev
$88M+0.8%
$87M
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestApr 29, 2026
$0.80vs $0.81-1.2%
$86Mvs $81M+5.4%
Q1 2026Feb 12, 2026
$0.79vs $0.85-7.1%
$86Mvs $82M+4.0%
Q4 2025Oct 30, 2025
$0.80vs $0.80+0.0%
$87Mvs $86M+1.0%
Q3 2025Jul 30, 2025
$0.16vs $0.16+0.0%
$88Mvs $87M+0.8%
Based on last 12 quarters of dataView full earnings history →

Latest LXP News

Recent stock market news and headlines for LXP Industrial Trust (LXP)

GlobeNewsWire·5 days ago
LXP Industrial Trust to Report Second Quarter 2026 Results and Host Conference Call July 29, 2026

WEST PALM BEACH, Fla., July 01, 2026 (GLOBE NEWSWIRE) -- LXP Industrial Trust (NYSE: LXP) (“LXP”), a real estate investment trust (REIT) focused on Class A warehouse and distribution real estate investments, today announced it will release its second quarter 2026 financial results the morning of Wednesday, July 29, 2026. LXP will host its conference call and webcast that same day at 8:30 a.m., Eastern Time to discuss these results. Participants may access the call and webcast by the following:

GlobeNewsWire·Jun 15, 2026
LXP Industrial Trust Announces Quarterly Common Share Dividend

WEST PALM BEACH, Fla., June 15, 2026 (GLOBE NEWSWIRE) -- LXP Industrial Trust (“LXP”) (NYSE: LXP), a real estate investment trust (REIT) focused on Class A warehouse and distribution investments, today announced that it declared a regular common share dividend for the quarter ending June 30, 2026 of $0.70 per common share payable on or about July 15, 2026 to common shareholders of record as of June 30, 2026.

Peers Comparison

Key metrics vs top competitors for LXP Industrial Trust (LXP)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
LXP logoLXPLXP Industrial TrustCurrent
$55.64$3.28B30.57-2.3%32.31%5.43%5.04%
EGP logoEGPEastGroup Properties, Inc.
$212.24$11.41B43.5812.97%39.7%8.37%—
STAG logoSTAGSTAG Industrial, Inc.
$39.10$7.48B26.7810.14%28.26%6.8%—
FR logoFRFirst Industrial Realty Trust, Inc.
$63.04$8.36B33.718.58%45.99%12.35%—
REXR logoREXRRexford Industrial Realty, Inc.
$34.26$7.93B39.847.13%23.47%2.6%—
PLD logoPLDPrologis, Inc.
$140.20$130.71B39.607.18%41.54%6.46%—

Compare LXP vs Peers

LXP Industrial Trust (LXP) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs EGP

Most directly comparable listed peer for LXP.

Scale Benchmark

vs AMZN

Larger-name benchmark to compare LXP against a more recognizable public peer.

Peer Set

Compare Top 5

vs EGP, STAG, FR, REXR

LXP SEC Filings & Documents

LXP Industrial Trust (LXP) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Apr 29, 2026·SEC

Material company update

Feb 12, 2026·SEC

Material company update

Jan 14, 2026·SEC

10-K Annual Reports

3
FY 2026

Feb 12, 2026·SEC

FY 2025

Feb 13, 2025·SEC

FY 2024

Feb 15, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Apr 29, 2026·SEC

FY 2025

Oct 30, 2025·SEC

FY 2025

Jul 30, 2025·SEC

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LXP Frequently Asked Questions

LXP Industrial Trust (LXP) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is LXP Industrial Trust's revenue?

LXP Industrial Trust (LXP) reported $347.3M in revenue for fiscal year 2025. This represents a 996% increase from $31.7M in 1996.

How fast is LXP Industrial Trust growing?

LXP Industrial Trust (LXP) saw revenue decline by 2.3% over the past year.

Is LXP profitable?

Yes, LXP Industrial Trust (LXP) is profitable, generating $93.9M in net income for fiscal year 2025 (32.3% net margin).

Dividend & Returns
Does LXP pay dividends?

Yes, LXP Industrial Trust (LXP) pays a dividend with a yield of 5.04%. This makes it attractive for income-focused investors.

What is LXP's return on equity?

LXP Industrial Trust (LXP) has a return on equity (ROE) of 5.4%. This is below average, suggesting room for improvement.

Industry Metrics
What is LXP Industrial Trust's FFO?

LXP Industrial Trust (LXP) generated Funds From Operations (FFO) of $284.5M in the trailing twelve months. FFO is the primary profitability metric for REITs.

Is LXP a good dividend stock?

LXP Industrial Trust (LXP) offers a 5.04% dividend yield, which is attractive for income investors. REITs are required to distribute at least 90% of taxable income to shareholders.

What if you invested $1,000 in LXP back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →