30 years of historical data (1996–2025) · Real Estate · REIT - Industrial
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
LXP Industrial Trust trades at 27.2x earnings, 45% below its 5-year average of 49.8x, sitting at the 63rd percentile of its historical range. Compared to the Real Estate sector median P/E of 23.4x, the stock trades at a premium of 17%. On a free-cash-flow basis, the stock trades at 17.9x P/FCF, 63% below the 5-year average of 48.8x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $2.9B | $29.0B | $2.4B | $2.9B | $2.8B | $4.5B | $2.8B | $2.5B | $2.0B | $2.3B | $2.6B |
| Enterprise Value | $2.8B | $28.9B | $3.7B | $4.4B | $4.2B | $5.7B | $3.9B | $3.6B | $3.2B | $4.2B | $4.2B |
| P/E Ratio → | 27.23 | 27.24 | 62.46 | 121.42 | 26.37 | 11.66 | 16.09 | 9.23 | 8.73 | 29.24 | 29.19 |
| P/S Ratio | 8.36 | 82.91 | 6.60 | 8.48 | 8.81 | 13.05 | 8.62 | 7.75 | 5.00 | 5.95 | 5.98 |
| P/B Ratio | 14.17 | 14.18 | 1.12 | 1.28 | 1.18 | 1.93 | 1.43 | 1.47 | 1.47 | 1.74 | 1.82 |
| P/FCF | 17.87 | 177.26 | 12.24 | 15.08 | 17.50 | 21.88 | 15.43 | 14.49 | 9.77 | 10.96 | 11.12 |
| P/OCF | 15.51 | 153.87 | 11.21 | 13.79 | 14.57 | 20.37 | 14.11 | 13.15 | 9.08 | 10.23 | 10.91 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 82.42 | 10.39 | 12.78 | 12.95 | 16.56 | 11.85 | 11.13 | 8.03 | 10.63 | 9.81 |
| EV / EBITDA | — | — | 14.44 | 17.21 | 18.29 | 21.84 | 9.27 | 8.99 | 8.03 | 10.76 | 9.83 |
| EV / EBIT | 973.68 | — | 57.22 | 53.31 | 88.54 | 67.75 | 40.55 | 34.37 | 10.21 | 24.90 | 23.63 |
| EV / FCF | — | 176.22 | 19.26 | 22.73 | 25.73 | 27.77 | 21.21 | 20.81 | 15.69 | 19.59 | 18.25 |
Margins and return-on-capital ratios measuring operating efficiency
LXP Industrial Trust earns an operating margin of 0.8%, below the Real Estate sector average of 22.0%. Operating margins have compressed from 18.3% to 0.8% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 5.1% is modest. ROIC of 0.1% represents below-average returns on invested capital.
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 81.6% | 81.6% | 29.3% | 29.0% | 26.7% | 34.7% | 87.3% | 87.1% | 46.7% | 43.0% | 50.3% |
| Operating Margin | 0.8% | 0.8% | 18.2% | 18.3% | 14.6% | 24.4% | 78.1% | 77.7% | 38.7% | 34.3% | 43.1% |
| Net Profit Margin | 30.4% | 30.4% | 12.4% | 8.9% | 35.4% | 111.2% | 55.5% | 85.9% | 57.5% | 21.9% | 22.3% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 5.1% | 5.1% | 2.0% | 1.3% | 4.8% | 17.7% | 9.9% | 18.2% | 16.9% | 6.2% | 6.7% |
| ROA | 2.9% | 2.9% | 1.1% | 0.7% | 2.8% | 10.2% | 5.5% | 9.1% | 7.0% | 2.4% | 2.6% |
| ROIC | 0.1% | 0.1% | 1.4% | 1.3% | 1.0% | 1.9% | 6.6% | 7.1% | 4.0% | 3.2% | 4.3% |
| ROCE | 0.1% | 0.1% | 1.7% | 1.6% | 1.2% | 2.3% | 8.0% | 8.6% | 5.0% | 4.1% | 5.5% |
Solvency and debt-coverage ratios — lower is generally safer
The company holds a net cash position — cash of $170M exceeds total debt of $0, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | — | — | 0.69 | 0.73 | 0.58 | 0.60 | 0.63 | 0.71 | 1.01 | 1.45 | 1.23 |
| Debt / EBITDA | — | — | 5.66 | 6.58 | 6.09 | 5.36 | 2.95 | 3.03 | 3.45 | 5.01 | 4.04 |
| Net Debt / Equity | — | -0.08 | 0.64 | 0.65 | 0.56 | 0.52 | 0.54 | 0.64 | 0.89 | 1.37 | 1.17 |
| Net Debt / EBITDA | — | — | 5.26 | 5.79 | 5.85 | 4.63 | 2.53 | 2.73 | 3.03 | 4.74 | 3.84 |
| Debt / FCF | — | -1.04 | 7.02 | 7.64 | 8.23 | 5.89 | 5.78 | 6.32 | 5.91 | 8.63 | 7.13 |
| Interest Coverage | — | — | 0.98 | 1.34 | 1.03 | 1.80 | 4.68 | 3.89 | 1.91 | 1.72 | 2.10 |
Net cash position: cash ($170M) exceeds total debt ($0)
Short-term solvency ratios and asset-utilisation metrics
LXP Industrial Trust's current ratio of 85.31x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The current ratio has improved from 3.12x to 85.31x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 85.31 | 85.31 | 1.40 | 3.12 | 1.31 | 2.18 | 2.07 | 1.91 | 2.64 | 0.57 | 1.63 |
| Quick Ratio | 85.31 | 85.31 | 1.40 | 3.12 | 1.31 | 2.18 | 2.07 | 1.91 | 2.65 | 0.57 | 1.63 |
| Cash Ratio | 56.24 | 56.24 | 0.75 | 2.42 | 0.36 | 1.22 | 1.39 | 1.18 | 1.47 | 0.36 | 0.51 |
| Asset Turnover | — | 0.10 | 0.09 | 0.08 | 0.08 | 0.09 | 0.09 | 0.10 | 0.13 | 0.11 | 0.12 |
| Inventory Turnover | 2.03 | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
LXP Industrial Trust returns 0.7% to shareholders annually — split between a 0.6% dividend yield and 0.1% buyback yield. The earnings yield of 3.7% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 0.6% | 0.6% | 6.7% | 5.3% | 5.0% | 2.9% | 4.2% | 4.9% | 8.9% | 7.4% | 6.5% |
| Payout Ratio | — | — | 355.1% | 500.1% | 125.2% | 33.5% | 64.6% | 43.9% | 77.2% | 201.1% | 173.4% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 3.7% | 3.7% | 1.6% | 0.8% | 3.8% | 8.6% | 6.2% | 10.8% | 11.4% | 3.4% | 3.4% |
| FCF Yield | 5.6% | 0.6% | 8.2% | 6.6% | 5.7% | 4.6% | 6.5% | 6.9% | 10.2% | 9.1% | 9.0% |
| Buyback Yield | 0.1% | 0.0% | 0.1% | 0.1% | 4.6% | 0.0% | 0.4% | 0.1% | 2.5% | 0.0% | 0.3% |
| Total Shareholder Yield | 0.7% | 0.6% | 6.8% | 5.4% | 9.7% | 2.9% | 4.5% | 5.0% | 11.4% | 7.4% | 6.8% |
| Shares Outstanding | — | $586M | $58M | $58M | $56M | $57M | $54M | $48M | $48M | $48M | $48M |
Compare LXP with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
| LXPYou | $3B | 27.2 | — | 17.9 | 81.6% | 0.8% | 5.1% | 0.1% | — |
| PLD | $132B | 35.6 | 23.2 | 27.0 | 74.9% | 53.8% | 6.4% | 3.8% | 4.5 |
| EGP | $10B | 42.1 | 19.9 | 29.3 | 72.7% | 69.4% | 7.7% | 7.3% | 2.6 |
| REXR | $9B | 31.2 | 13.5 | 82.7 | 77.5% | 68.8% | 3.2% | 4.3% | 3.8 |
| FR | $8B | 29.1 | 22.2 | 62.0 | 72.6% | 44.3% | 10.7% | 4.6% | 4.7 |
| STAG | $7B | 26.9 | 23.8 | 15.8 | — | 0.7% | 7.6% | 0.1% | — |
| TRNO | $7B | 16.9 | 25.5 | 32.8 | 50.3% | 40.3% | 10.3% | 2.9% | 3.8 |
| GRP-UN | $4B | 15.6 | 19.2 | 15.9 | 82.9% | 76.5% | 6.5% | 3.8% | 7.1 |
| PLYM | $979M | 7.1 | 13.3 | 10.2 | 68.9% | 18.2% | 25.9% | 2.1% | 5.4 |
| ILPT | $391M | -5.9 | 0.4 | 6.4 | 86.3% | 78.0% | -6.9% | 8.9% | — |
| LPA | $80M | -2.7 | 15.0 | 30.1 | 84.1% | 48.5% | -11.0% | 3.1% | 12.5 |
| Real Estate Median | — | 23.4 | 13.6 | 13.7 | 60.4% | 22.0% | 3.3% | 2.6% | 6.7 |
Peers based on L4 peer group classification. Compare multiple stocks →
Includes 30+ ratios · 30 years · Updated daily
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorSee our Bear / Base / Bull DCF models and intrinsic value estimates.
View ValuationSee how LXP stacks up against sector leader Prologis, Inc..
Start ComparisonLXP Industrial Trust's current P/E ratio is 27.2x. The historical average is 28.2x. This places it at the 63th percentile of its historical range.
LXP Industrial Trust's return on equity (ROE) is 5.1%. The historical average is 5.5%.
Based on historical data, LXP Industrial Trust is trading at a P/E of 27.2x. This is at the 63th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
LXP Industrial Trust's current dividend yield is 0.57%.
LXP Industrial Trust has 81.6% gross margin and 0.8% operating margin.