LXP Industrial Trust (LXP) Stock

LXP Industrial Trust (LXP) is a Real Estate stock trading at $60.91 (as of 2026-08-21), with a market capitalization of $3.59B and a trailing P/E of 38.2. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Lexington Realty Trust (LXP) is a publicly traded real estate investment trust that holds equity interests in single-tenant net-leased industrial properties across the United States. It seeks to grow its industrial portfolio through transactions such as build-to-suit deals and sale-leasebacks.

Understand LXP Industrial Trust: how it makes money

LXP Industrial Trust is a REIT that owns equity interests in single-tenant net-leased industrial properties across the United States, earning lease-related income and expanding its portfolio through build-to-suit transactions, sale-leasebacks, and other acquisitions.

Because the company primarily holds equity investments in single-tenant net-leased industrial properties, its profit model depends on lease income streams from that asset base, including revenue tied to sales-type lease arrangements.

Business quality (Weak): The quarter shows relatively high gross margin but low operating margin, so investors should focus on the stability and growth of lease-related revenue from the industrial portfolio, especially where sales-type lease income contributes.

Valuation: At 31× earnings, LXP trades 8% below the Trading average (34×). Note: one-time items can distort reported P/E.

Bull case

  • Industrial net-lease focus: The portfolio is primarily equity investments in single-tenant net-leased industrial properties across the United States, which is the foundation for its lease-related income.
  • Active portfolio expansion approach: Lexington seeks to expand its industrial portfolio using build-to-suit transactions, sale-leaseback transactions, and other transactions including acquisitions.

Bear case

  • Low operating margin: Operating margin is 2.7% in the latest quarter, which means results may be sensitive to changes in revenue and operating costs.
  • Concentration to a specific lease and property type: The business is primarily tied to single-tenant net-leased industrial properties, so unfavorable outcomes in that segment could pressure earnings.
Valuation — source: SEC EDGAR (first-party)
Price$60.91
Market Cap$3.59B
P/E Ratio38.2
EV / EBITDA15.9
Price / Book1.80
Price / Sales10.34
DCF Value (model)$94.10
DCF Upside vs Price54.5%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$350.23M
Net Margin32.3%
Revenue Growth (YoY)-3.3%
EPS Growth (YoY)-150.0%
Valuation vs Sector & Industry
Stock P/E38.2
Sector P/E (Real Estate)27.2
Industry P/E (Trading)35.3
vs Sector40.7%
vs Industry8.2%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderBlackRock, Inc. ($475.90M)
Institutional Holders Tracked10
Congressional Trades (recent)2
Company
SectorReal Estate
IndustryTrading
CEOT. Wilson Eglin
Employees59
CountryUS
IPO Date1993-10-22

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LXP earnings history · LXP institutional & insider holders · LXP KPIs & operating metrics · LXP financials · LXP investor presentations & press releases · LXP SEC filings · LXP peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.