LXP Industrial Trust (LXP)

LXP Industrial Trust Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	359.02	354.35	334.22	313.99	339.94	325.81
Other Revenue	3.99	4.11	6.28	7.25	4.05	4.64
Total Revenue	363	358.46	340.5	321.25	344	330.45
Revenue Growth (YoY	6.64%	5.27%	6.00%	-6.61%	4.10%	1.37%
Property Expenses	62.89	61.01	58.4	59.05	47.75	41.91
Selling, General & Administrative	39.52	38.25	36.33	38.71	35.46	30.37
Depreciation & Amortization	196.88	192.86	183.52	180.57	176.71	161.59
Total Operating Expenses	299.22	292.06	278.22	278.42	259.92	233.88
Operating Income	63.78	66.4	62.28	42.82	84.08	96.57
Interest Expense	-64.64	-66.48	-46.39	-45.42	-46.71	-55.2
Income (Loss) on Equity Investments	-2.83	-3.18	1.37	16.01	-0.19	-0.17
Other Non-Operating Income	2.47	7.71	2.98	0.94	1.36	0.74
EBT Excluding Unusual Items	-1.22	4.45	20.24	14.35	38.55	41.94
Gain (Loss) on Sale of Assets	87.45	40.06	33.01	106.15	367.27	139.04
Asset Writedown	-	-	-16.49	-3.04	-5.54	-14.46
Other Unusual Items	-1.01	-1.8	-0.13	-0.12	-13.89	21.45
Pretax Income	85.23	42.71	36.63	117.35	386.38	187.98
Income Tax Expense	0.08	-0.13	0.7	1.1	1.29	1.58
Earnings From Continuing Operations	85.15	42.84	35.92	116.24	385.09	186.39
Net Income to Company	85.15	42.84	35.92	116.24	385.09	186.39
Minority Interest in Earnings	2.34	1.7	-5.54	-2.46	-2.44	-3.09
Net Income	87.49	44.53	30.38	113.78	382.65	183.3
Preferred Dividends & Other Adjustments	6.68	6.61	6.52	6.48	6.8	6.51
Net Income to Common	80.81	37.92	23.86	107.31	375.85	176.79
Net Income Growth	169.84%	46.58%	-73.30%	-70.26%	108.75%	-34.51%
Basic Shares Outstanding	292	291	290	280	278	267
Diluted Shares Outstanding	292	292	291	282	287	268
Shares Change (YoY)	0.18%	0.13%	3.09%	-1.70%	7.16%	12.71%
EPS (Basic)	0.28	0.13	0.08	0.38	1.35	0.66
EPS (Diluted)	0.27	0.13	0.08	0.38	1.34	0.66
EPS Growth	203.57%	59.02%	-78.51%	-71.52%	102.61%	-42.66%
Dividend Per Share	0.535	0.525	0.505	0.485	0.443	0.422
Dividend Growth	3.88%	3.96%	4.12%	9.61%	4.73%	2.42%
Operating Margin	17.57%	18.52%	18.29%	13.33%	24.44%	29.22%
Profit Margin	22.26%	10.58%	7.01%	33.40%	109.26%	53.50%
EBITDA	254.44	254.62	243.05	226.24	263.6	260.83
EBITDA Margin	70.09%	71.03%	71.38%	70.43%	76.63%	78.93%
D&A For Ebitda	190.66	188.22	180.77	183.42	179.52	164.26
EBIT	63.78	66.4	62.28	42.82	84.08	96.57
EBIT Margin	17.57%	18.52%	18.29%	13.33%	24.44%	29.22%
Funds From Operations (FFO)	194.57	195.47	199.56	-	-	-
FFO Per Share	0.68	0.68	0.70	-	-	-
Adjusted Funds From Operations (AFFO)	-	185.11	187.25	-	-	-
AFFO Per Share	0.63	0.64	0.70	-	-	-
Effective Tax Rate	0.09%	-	1.92%	0.94%	0.34%	0.84%
Revenue as Reported	363	358.46	340.5	321.25	344	330.45

Updated Jul 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.

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