LXP Industrial Trust (LXP) Financial Ratios
30 years of historical data (1996–2025) · Real Estate · REIT - Industrial
EV/EBITDA
↓
17.29
-2% vs avg
5yr avg: 17.69
30Y Low6.5·High21.8
P/FCF
↓
18.63
+10% vs avg
5yr avg: 16.89
30Y Low2.5·High21.9
P/B Ratio
↓
1.48
+7% vs avg
5yr avg: 1.38
30Y Low0.2·High1.9
ROE
↓
5.4%
-13% vs avg
5yr avg: 6.3%
30Y Low-15%·High18%
Debt/EBITDA
↑
5.57
↓-5% vs avg
5yr avg: 5.85
30Y Low0.1·High11.8
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
LXP Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
LXP Industrial Trust trades at 28.4x earnings, 43% below its 5-year average of 49.8x, sitting at the 71st percentile of its historical range. Compared to the Real Estate sector median P/E of 24.1x, the stock trades at a premium of 18%. On a free-cash-flow basis, the stock trades at 18.6x P/FCF, 10% above the 5-year average of 16.9x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $3.1B | $2.9B | $2.4B | $2.9B | $2.8B | $4.5B | $2.8B | $2.5B | $2.0B | $2.3B | $2.6B |
| Enterprise Value | $4.3B | $4.1B | $3.7B | $4.4B | $4.2B | $5.7B | $3.9B | $3.6B | $3.2B | $4.2B | $4.2B |
| P/E Ratio → | 28.44 | 27.24 | 62.46 | 121.42 | 26.37 | 11.66 | 16.09 | 9.23 | 8.73 | 29.24 | 29.19 |
| P/S Ratio | 8.71 | 8.29 | 6.60 | 8.48 | 8.81 | 13.05 | 8.62 | 7.75 | 5.00 | 5.95 | 5.98 |
| P/B Ratio | 1.48 | 1.42 | 1.12 | 1.28 | 1.18 | 1.93 | 1.43 | 1.47 | 1.47 | 1.74 | 1.82 |
| P/FCF | 18.63 | 17.73 | 12.24 | 15.08 | 17.50 | 21.88 | 15.43 | 14.49 | 9.77 | 10.96 | 11.12 |
| P/OCF | 16.17 | 15.39 | 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
LXP EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
LXP Industrial Trust's enterprise value stands at 17.3x EBITDA, roughly in line with its 5-year average of 17.7x. This is roughly in line with the Real Estate sector median of 16.7x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 11.72 | 10.39 | 12.78 | 12.95 | 16.56 | 11.85 | 11.13 | 8.03 | 10.63 | 9.81 |
| EV / EBITDA | 17.29 | 16.69 | 14.44 | 17.21 | 18.29 | 21.84 | 9.27 | 8.99 | 8.03 | 10.76 | 9.83 |
| EV / EBIT | 86.46 | 23.13 | 57.22 | 53.31 | 88.54 | 67.75 | 40.55 | 34.37 | 10.21 | 24.90 | 23.63 |
| EV / FCF | — | 25.05 | 19.26 | 22.73 | 25.73 | 27.77 | 21.21 | 20.81 | 15.69 | 19.59 | 18.25 |
LXP Profitability
Margins and return-on-capital ratios measuring operating efficiency
LXP Industrial Trust earns an operating margin of 14.0%, below the Real Estate sector average of 26.0%. Operating margins have compressed from 18.3% to 14.0% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 5.4% is modest. ROIC of 1.1% represents below-average returns on invested capital.
Margins
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 | -30.7% | -30.7% | 29.3% | 29.0% | 26.7% | 34.7% | 87.3% | 87.1% | 46.7% | 43.0% | 50.3% |
| Operating Margin | 14.0% | 14.0% | 18.2% | 18.3% | 14.6% | 24.4% | 78.1% | 77.7% | 38.7% | 34.3% | 43.1% |
| Net Profit Margin | 32.3% | 32.3% | 12.4% | 8.9% | 35.4% | 111.2% | 55.5% | 85.9% | 57.5% | 21.9% | 22.3% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 5.4% | 5.4% | 2.0% | 1.3% | 4.8% | 17.7% | 9.9% | 18.2% | 16.9% | 6.2% | 6.7% |
| ROA | 3.1% | 3.1% | 1.1% | 0.7% | 2.8% | 10.2% | 5.5% | 9.1% | 7.0% | 2.4% | 2.6% |
| ROIC | 1.1% | 1.1% | 1.4% | 1.3% | 1.0% | 1.9% | 6.6% | 7.1% | 4.0% | 3.2% | 4.3% |
| ROCE | 1.4% | 1.4% | 1.7% | 1.6% | 1.2% | 2.3% | 8.0% | 8.6% | 5.0% | 4.1% | 5.5% |
LXP Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
LXP Industrial Trust carries a Debt/EBITDA ratio of 5.6x, which is highly leveraged (29% below the sector average of 7.9x). Net debt stands at $1.2B ($1.4B total debt minus $170M cash). Interest coverage of 3.0x is adequate, though a cyclical earnings downturn could tighten the margin of safety.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.67 | 0.67 | 0.69 | 0.73 | 0.58 | 0.60 | 0.63 | 0.71 | 1.01 | 1.45 | 1.23 |
| Debt / EBITDA | 5.57 | 5.57 | 5.66 | 6.58 | 6.09 | 5.36 | 2.95 | 3.03 | 3.45 | 5.01 | 4.04 |
| Net Debt / Equity | — | 0.59 | 0.64 | 0.65 | 0.56 | 0.52 | 0.54 | 0.64 | 0.89 | 1.37 | 1.17 |
| Net Debt / EBITDA | 4.88 | 4.88 | 5.26 | 5.79 | 5.85 | 4.63 | 2.53 | 2.73 | 3.03 | 4.74 | 3.84 |
| Debt / FCF | — | 7.32 | 7.02 | 7.64 | 8.23 | 5.89 | 5.78 | 6.32 | 5.91 | 8.63 | 7.13 |
| Interest Coverage | 3.00 | 3.00 | 0.98 | 1.76 | 1.03 | 1.80 | 1.75 | 1.62 | 3.89 | 2.15 | 2.03 |
LXP Liquidity & Efficiency
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 | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
LXP Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
LXP Industrial Trust returns 5.6% to shareholders annually — split between a 5.4% dividend yield and 0.1% buyback yield. The payout ratio exceeds 100% at 145.2%, meaning the company is paying out more than it earns — this level is unsustainable long-term without earnings recovery. The earnings yield of 3.5% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
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 | 5.4% | 5.7% | 6.7% | 5.3% | 5.0% | 2.9% | 4.2% | 4.9% | 8.9% | 7.4% | 6.5% |
| Payout Ratio | 145.2% | 145.2% | 355.1% | 500.1% | 125.2% | 33.5% | 64.6% | 43.9% | 77.2% | 201.1% | 173.4% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 3.5% | 3.7% | 1.6% | 0.8% | 3.8% | 8.6% | 6.2% | 10.8% | 11.4% | 3.4% | 3.4% |
| FCF Yield | 5.4% | 5.6% | 8.2% | 6.6% | 5.7% | 4.6% | 6.5% | 6.9% | 10.2% | 9.1% | 9.0% |
| Buyback Yield | 0.1% | 0.1% | 0.1% | 0.1% | 4.6% | 0.0% | 0.4% | 0.1% | 2.5% | 0.0% | 0.3% |
| Total Shareholder Yield | 5.6% | 5.8% | 6.8% | 5.4% | 9.7% | 2.9% | 4.5% | 5.0% | 11.4% | 7.4% | 6.8% |
| Shares Outstanding | — | $59M | $58M | $58M | $56M | $57M | $54M | $48M | $48M | $48M | $48M |
Peer Comparison
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 | 28.4 | 17.3 | 18.6 | -30.7% | 14.0% | 5.4% | 1.1% | 5.6 |
 EGP | $11B | 41.1 | 24.8 | 26.6 | 43.3% | 39.9% | 7.6% | 4.3% | 3.5 |
 STAG | $7B | 26.1 | 17.0 | 18.1 | 61.3% | 37.7% | 7.6% | 3.5% | 5.3 |
 FR | $8B | 33.0 | 21.7 | 71.2 | 22.6% | 42.3% | 9.0% | 4.5% | 5.2 |
 REXR | $8B | 41.3 | 16.9 | 40.5 | 77.3% | 37.9% | 2.4% | 2.4% | 5.0 |
 PLD | $130B | 35.0 | 22.9 | 26.5 | 74.9% | 53.8% | 6.4% | 3.8% | 4.5 |
 TRNO | $7B | 16.6 | 25.2 | 32.3 | 50.3% | 40.3% | 10.3% | 2.9% | 3.8 |
 ILPT | $497M | -7.5 | 14.5 | 8.2 | 12.6% | 33.0% | -6.9% | 2.2% | 13.5 |
 GLP | $2B | 23.0 | 13.8 | 5.8 | 5.7% | 1.3% | 10.4% | 7.0% | 6.9 |
 NNN | $8B | 21.5 | 15.8 | 12.7 | 38.0% | 61.5% | 8.9% | 4.8% | 5.8 |
 ADC | $9B | 42.9 | 20.2 | 18.1 | 87.7% | 47.4% | 3.5% | 2.8% | 5.4 |
| Real Estate Median | — | 24.1 | 16.7 | 15.4 | 52.1% | 26.0% | 3.5% | 3.0% | 7.9 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Start ComparisonLXP — Frequently Asked Questions
Quick answers to the most common questions about buying LXP stock.
What is LXP Industrial Trust's P/E ratio?
LXP Industrial Trust's current P/E ratio is 28.4x. The historical average is 28.2x. This places it at the 71th percentile of its historical range.
What is LXP Industrial Trust's EV/EBITDA?
LXP Industrial Trust's current EV/EBITDA is 17.3x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 11.6x.
What is LXP Industrial Trust's ROE?
LXP Industrial Trust's return on equity (ROE) is 5.4%. The historical average is 5.5%.
Is LXP stock overvalued?
Based on historical data, LXP Industrial Trust is trading at a P/E of 28.4x. This is at the 71th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is LXP Industrial Trust's dividend yield?
LXP Industrial Trust's current dividend yield is 5.42% with a payout ratio of 145.2%.
What are LXP Industrial Trust's profit margins?
LXP Industrial Trust has -30.7% gross margin and 14.0% operating margin. Operating margin between 10-20% is typical for established companies.
How much debt does LXP Industrial Trust have?
LXP Industrial Trust's Debt/EBITDA ratio is 5.6x, indicating high leverage. A ratio above 4x may signal elevated financial risk.