LXP Industrial Trust (LXP.PC) stock analysis
Close on Oct 30, 2026Market cap $2.97BP/E 50.3Yield 5.42%
StockData Score
Prices as of Oct 30, 2026How the score works
Weak4 of 30 checks passed
LXP Industrial Trust passes 4 of the 30 checks behind our score; 7 could not be run for lack of data and count as not passed. Each dot in the shape is one check — hover it for the numbers.
- Valuation
- 0/6
- Growth
- 1/6
- Past performance
- 1/6
- Financial health
- 0/6
- Dividend
- 2/6
What stands out
Guidance raised
LXP Industrial Trust raised its year ended December 31, 2026 net income attributable to common shareholders outlook on Apr 29, 2026.
Dividend not cut
The dividend per share has not fallen by more than 10% in any of the last 6 fiscal years.
Net margin above the industry
LXP Industrial Trust's net margin of 18.7% is above the Miscellaneous Investing median of 11.4%.
Pays a dividend
LXP Industrial Trust paid dividends worth 3.4% of the share price over the last twelve months.
What to watch
Margin of safety under 20%
The price is 52.0% above fair value, so there is no margin of safety.
Trading above fair value
The share price of $61.18 is above our fair value estimate of $40.25.
Return on equity under 15%
Return on equity was 3.2% over the last twelve months and averaged 6.3% over five years; we look for 15% on both.
Earnings shrank over 5 years
Net income shrank 9.2% a year on average over the last five fiscal years.
Valuation0/6
P/E above its 5-year median
LXP Industrial Trust's P/E of 61.2 is above its own 5-year median of 33.9.
P/E above the industry
LXP Industrial Trust's P/E of 61.2 is above the Miscellaneous Investing median of 25.0.
EV/EBITDA above its 5-year median
LXP Industrial Trust's EV/EBITDA of 10.9 is above its 5-year median of 8.3.
P/B above the industry
LXP Industrial Trust's price-to-book of 1.85 is above the Miscellaneous Investing median of 1.20.
Trading above fair value
The share price of $61.18 is above our fair value estimate of $40.25.
Margin of safety under 20%
The price is 52.0% above fair value, so there is no margin of safety.
Growth1/6
Revenue growing under 10% a year
Revenue grew 2.9% a year over the last three fiscal years, short of the 10% we look for.
EPS growing under 10% a year
Diluted EPS grew -1.4% a year over the last three fiscal years.
Earnings growth not accelerating
Net income grew -25.9% over the last twelve months, against a 5-year average of -9.2% a year.
Growing slower than the industry
Revenue grew -4.2% over the last twelve months; the Miscellaneous Investing median is 4.4%.
Guidance raised
LXP Industrial Trust raised its year ended December 31, 2026 net income attributable to common shareholders outlook on Apr 29, 2026.
Gross margin slipping
Gross margin was 81.5% over the last twelve months, against 82.7% a year earlier.
Past performance1/6
Return on equity under 15%
Return on equity was 3.2% over the last twelve months and averaged 6.3% over five years; we look for 15% on both.
Return on invested capital
Needs operating income and invested capital.
Return on equity below the industry
LXP Industrial Trust's return on equity of 3.2% is below the Miscellaneous Investing median of 3.4%.
Earnings shrank over 5 years
Net income shrank 9.2% a year on average over the last five fiscal years.
Net margin below its 5-year average
Net margin was 18.7% over the last twelve months, against a 5-year average of 40.1%.
Net margin above the industry
LXP Industrial Trust's net margin of 18.7% is above the Miscellaneous Investing median of 11.4%.
Financial health0/6
Debt level
Needs debt and equity figures.
Debt trend
Needs a balance sheet from five years ago with positive equity.
Debt coverage
Needs operating cash flow.
Interest coverage
Interest expense is not reported separately.
Short-term liquidity
The balance sheet is not split into current and non-current items.
Elevated bankruptcy risk
The Altman Z-score is 1.54; above 3 is the safe zone and below 1.8 the distress zone.
Dividend2/6
Pays a dividend
LXP Industrial Trust paid dividends worth 3.4% of the share price over the last twelve months.
Yield below Treasuries
The 3.4% yield is below the 4.4% on a 1-year Treasury.
Yield below the top quarter
The top quarter of US dividend payers yield 4.0% or more; LXP Industrial Trust yields 3.4%.
Dividend not cut
The dividend per share has not fallen by more than 10% in any of the last 6 fiscal years.
Not covered by earnings
Dividends take 258% of net income, leaving little room.
Cash-flow cover
Needs dividends paid and free cash flow.
Fair value
How we estimate itOur estimate per share
$40.25
The share price is 52% above this estimate.
| Method | Multiple used | Own 5Y median | Industry median | Value per share | Weight |
|---|---|---|---|---|---|
| P/E | 29.5× | 33.9× | 25.0× | $29.46 | 40% |
| EV/EBITDA | 9.4× | 8.3× | 10.5× | $52.72 | 35% |
| P/B | 1.3× | 1.3× | 1.2× | $41.43 | 10% |
| Earnings power | 8.8% cost of equity | – | – | $39.13 | 15% |
| Fair value | $40.25 | 100% | |||
Valuation over time
Using the earnings and balance sheet published at each date, not today's.
- P/E at month end
- Own 5-year median 33.9
- Miscellaneous Investing median 25.0
An estimate from reported numbers and market multiples, not a price target or investment advice. It can be far off for companies whose profits are about to change sharply.
Market risk
From the past year of daily prices.
Liquidity
Low risk
- Average value traded per day
- $72.15M
- Value traded per 1% price move
- $413.11M
Downside
Low risk
- Typical loss in a bad month
- 6.9%
- Volatility (annualized)
- 20%
- Sharpe ratio, 1 year
- 1.20
- Beta to the S&P 500 (5Y)
- 0.76
Typical bad-month loss, week by week
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
Net margin
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -2.3% | +2.9% | +1.2% | -2.1% | |
| Gross profit | -4.1% | +2.4% | – | – | |
| Net income | +154.1% | -0.2% | -9.2% | +0.1% | |
| EPS, diluted | +180.0% | -1.4% | -11.2% | -2.1% | |
| Dividend per share | +3.8% | +4.0% | +5.2% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 6.8% | 10.0% | 5.5% | |
| Return on assets | 2.6% | 5.5% | 3.1% | |
| Capex to revenue | 1.0% | – | – | |
| Diluted shares | 48M | 54M | 59M |
Cash use needs five years of cash flow figures
LXP Industrial Trust does not report operating cash flow and capital expenditure for each of the last five fiscal years.
DuPont analysis
Return on equity split into margin, efficiency and leverage
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 32.3% | 0.09× | 1.78× | 5.5% |
| FY2024 | 12.4% | 0.09× | 1.86× | 2.1% |
| FY2023 | 8.9% | 0.08× | 1.80× | 1.3% |
| FY2022 | 35.4% | 0.08× | 1.74× | 4.9% |
| FY2021 | 111.2% | 0.09× | 1.76× | 18.0% |
| FY2020 | 55.5% | 0.10× | 1.82× | 10.0% |
| FY2019 | 85.9% | 0.11× | 2.02× | 18.4% |
| FY2018 | 57.3% | 0.12× | 2.45× | 17.1% |
| FY2017 | 21.8% | 0.11× | 2.57× | 6.3% |
| FY2016 | 22.3% | 0.12× | 2.56× | 6.8% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
- ProfitableNet income above zero$113.16M
- Cash generatingOperating cash flow above zero$188.72M
- Return on assets improvedROA up on the prior year1.1% → 2.9%
- Earnings backed by cashOperating cash flow above net income$188.72M vs $113.16M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose– → –
- No dilutionShare count did not rise58M → 59M
- Gross margin improvedGross margin up on the prior year83.12% → 81.61%
- More efficientAsset turnover rose0.09 → 0.09