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Companies / Real Estate / LXP Industrial Trust
LXP

LXP Industrial Trust

Ticker LXPNEW YORK, NYFiscal year ends DecemberBook value per share $34.85Diluted shares 58.5M

LXP Industrial Trust (NYSE: LXP) is a real estate investment trust focused on owning and developing Class A warehouse and distribution properties in target markets across the Sunbelt and lower Midwest. Its properties are leased primarily to single tenants, generally under net leases that place most property expenses… From the company’s description.

Over the twelve months to Sep 30, 2026, LXP Industrial Trust reported revenue of $351.59M, down 3.5% from a year earlier. Its operating margin was 14.3%, and operations generated $186.82M in cash. In fiscal 2025, it reported revenue of $350.23M, down 2.3% from fiscal 2024, and net income of $117.61M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$350.23MFY2025
−2.3% year over year
Last 12 mo $351.59M
13.99%FY2025
−4.1 percentage points
Last 12 mo 14.30%
$117.61MFY2025
+174.6% year over year
5.56%FY2025
+3.4 percentage points
Last 12 mo 5.92%
Cash & financing
$188.72MFY2025
−10.6% year over year
Last 12 mo $186.82M
$163.81MFY2025
−15.3% year over year
Last 12 mo $162.20M
0.61FY2025
Was 0.75× a year earlier
Last 12 mo 0.61
58.6MFY2025
−79.9% year over year
Last 12 mo 58.5M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What LXP Industrial Trust does

In the company’s own words

LXP Industrial Trust (NYSE: LXP) is a real estate investment trust focused on owning and developing Class A warehouse and distribution properties in target markets across the Sunbelt and lower Midwest. Its properties are leased primarily to single tenants, generally under net leases that place most property expenses on tenants, and serve businesses using warehouse, distribution and logistics facilities. The company also partners with merchant builders on build-to-suit and speculative development projects and provides advisory services and co-investment in institutional joint ventures holding office and special-purpose industrial properties. It manages its operations as one reportable segment. At December 31, 2025, LXP had equity interests in approximately 108 consolidated properties across 14 states, totaling about 52.7 million square feet, with approximately 97.1% of the space leased; it also had 58 full-time employees. Founded in 1993, the company converted to a Maryland REIT in 1997. Its website is www.lxp.com.

Company details
Sector
Real Estate
Industry (SIC)
REITs
Headquarters
NEW YORK, NY
Fiscal year end
December
CIK
910108
SIC
6798

Financial performance, year by year

Fiscal 2011–2025 · USD
$-141.84M$14.35M$170.53M$326.72M$482.90M201120122013201420152016201720182019202020212022202320242025Last 12 moLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns LXP Industrial Trust — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

304
funds hold it
0 of 35
superinvestors hold it
$1.47B
held by funds, at market
47.1%
of shares held by funds
3
bond issues held by funds

Largest fund holders · LXP Industrial Trust’s weight in each

iShares Core S&P Small-Cap ETF
IJR · iShares Trust
0.17%of fund net assets
VANGUARD REAL ESTATE INDEX FUND
VNQ · VANGUARD SPECIALIZED FUNDS
—of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.10%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.04%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

LXP Industrial Trust’s bonds, as funds hold them

Funds report holding 3 issues of LXP Industrial Trust’s debt, $193.97M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 3.20%, maturing 2028 to 2031.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do LXP Industrial Trust and its peers compare on margins and cash generation over ten years?”
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