LXP Industrial Trust LXP
LXP Industrial Trust is a Maryland REIT focused on Class A warehouse and distribution properties in the Sunbelt and lower Midwest. As of December 31, 2025, the company owned equity interests in approximately 108 consolidated real estate properties located in 14 states, containing approximately 52.7 million square feet of space with approximately 97.1% leased. A majority of the properties are subject to net or similar leases where tenants bear substantially all operating costs, and the company also owns interests in approximately 514 acres of developable land in its target markets. The company also provides advisory services and co-invests with institutional investors through joint ventures, including a 20% interest in an office joint venture with five properties and a 20% interest in a special purpose industrial joint venture with 21 properties.
Business overview written from the company's own Form 10-K (Item 1), filed 2026-02-12 — refreshed whenever it files a new one. The figures above are current; see its SEC filings. ✓ From the 10-K
Plain-English: the Snapshot is the quick read — what it pays you (yield, dividend), how its cash flow looks (FFO/AFFO, Price/OCF) and how much debt it carries. Switch to Expert in the header to hide these explanations.
Snapshot
Reported FFO / Adjusted Company FFO / leverage are from the 2026 Full Year Guidance earnings release (filed 2026-06-01) — 8-K, EX-99.1 ✓ Verified to filing.
Yield uses the latest declared dividend, annualized (latest regular payout × frequency; special/liquidating distributions excluded) — an announced-but-not-yet-declared change isn't reflected until it has an ex-date. FFO, AFFO and Net debt / Adj. EBITDA are the company's reported figures from its latest earnings 8-K. Price/OCF and payout use GAAP operating cash flow. NAV premium and credit ratings have no free source yet. See Methodology.
$10,000 invested
Illustrative income only, at today's price and latest declared dividend — it excludes price changes, dividend cuts and taxes. Not a forecast.
Model LXP yourself — any amount, shares, per-payment & a multi-year DRIP projection →
Balance sheet (latest FY: 2025)
Debt-maturity ladder, fixed/floating split, secured/unsecured and coverage ratios come from the supplemental — not yet ingested.
Financial history
| FY | Revenue | Net income | D&A | EBITDA | Op. cash flow |
|---|---|---|---|---|---|
| 2025 | $350.23M | $113.16M | $196.62M | $373.98M | $188.72M |
| 2024 | $358.46M | $44.53M | $192.86M | $302.05M | $211.19M |
| 2023 | $340.50M | $30.38M | $190.68M | $272.32M | $209.45M |
| 2022 | $321.25M | $113.78M | $180.57M | $343.33M | $194.27M |
| 2021 | $344.00M | $382.65M | $176.71M | $609.81M | $220.35M |
| 2020 | $330.45M | $183.30M | $164.26M | $260.83M | $201.84M |
Dividends
Recent regular dividends per share (special distributions excluded), oldest → newest.
| Ex-date | Record | Payment | Declared | Amount | Freq. |
|---|---|---|---|---|---|
| 2026-06-30 | 2026-06-30 | 2026-07-15 | 2026-06-15 | $0.70 | Quarterly |
| 2026-03-31 | 2026-03-31 | 2026-04-15 | 2026-03-16 | $0.70 | Quarterly |
| 2025-12-31 | 2025-12-31 | 2026-01-15 | 2025-10-30 | $0.70 | Quarterly |
| 2025-09-30 | 2025-09-30 | 2025-10-15 | 2025-09-15 | $0.14 | Quarterly |
| 2025-06-30 | 2025-06-30 | 2025-07-15 | 2025-06-16 | $0.14 | Quarterly |
| 2025-03-31 | 2025-03-31 | 2025-04-15 | 2025-03-17 | $0.14 | Quarterly |
| 2024-12-31 | 2024-12-31 | 2025-01-15 | 2024-11-06 | $0.14 | Quarterly |
| 2024-09-30 | 2024-09-30 | 2024-10-15 | 2024-09-16 | $0.13 | Quarterly |
| 2024-06-28 | 2024-06-28 | 2024-07-15 | 2024-06-17 | $0.13 | Quarterly |
| 2024-03-27 | 2024-03-28 | 2024-04-15 | 2024-03-18 | $0.13 | Quarterly |
| 2023-12-28 | 2023-12-29 | 2024-01-16 | 2023-10-31 | $0.13 | Quarterly |
| 2023-09-28 | 2023-09-29 | 2023-10-16 | 2023-09-13 | $0.12 | Quarterly |
| 2023-06-29 | 2023-06-30 | 2023-07-17 | 2023-06-09 | $0.12 | Quarterly |
| 2023-03-30 | 2023-03-31 | 2023-04-17 | 2023-03-15 | $0.12 | Quarterly |
| 2022-12-29 | 2022-12-30 | 2023-01-17 | 2022-11-03 | $0.12 | Quarterly |
| 2022-09-29 | 2022-09-30 | 2022-10-17 | 2022-09-15 | $0.12 | Quarterly |
| 2022-06-29 | 2022-06-30 | 2022-07-15 | 2022-06-15 | $0.12 | Quarterly |
| 2022-03-30 | 2022-03-31 | 2022-04-18 | 2022-03-16 | $0.12 | Quarterly |
| 2021-12-30 | 2021-12-31 | 2022-01-18 | 2021-11-04 | $0.12 | Quarterly |
| 2021-09-29 | 2021-09-30 | 2021-10-15 | 2021-09-15 | $0.11 | Quarterly |
| 2021-06-29 | 2021-06-30 | 2021-07-15 | 2021-06-15 | $0.11 | Quarterly |
| 2021-03-30 | 2021-03-31 | 2021-04-15 | 2021-03-15 | $0.11 | Quarterly |
| 2020-12-30 | 2020-12-31 | 2021-01-15 | 2020-11-05 | $0.11 | Quarterly |
| 2020-09-29 | 2020-09-30 | 2020-10-15 | 2020-09-15 | $0.10 | Quarterly |
Coverage (payout of operating cash flow): 86.89%. Tax-character split (ordinary / 199A / capital gain / return of capital) — not disclosed (requires the annual allocation release).
Recent news — LXP
Johnson Fistel Investigates Proposed Acquisition of LXP Industrial Trust – Shareholders Encouraged to Contact the Firm
$HAREHOLDER ALERT: The M&A Class Action Firm Announces An Investigation of LXP Industrial Trust (NYSE: LXP)
Shareholder Alert: Ademi LLP investigates whether LXP Industrial Trust is obtaining a Fair Price for Public Shareholders
LXP Stock Alert: Halper Sadeh LLC is Investigating Whether LXP Industrial Trust is Obtaining a Fair Price for its Shareholders
LXP Industrial Trust agrees to $5.2 billion deal by Brookfield, CPP Investments
Brookfield and CPP Investments to Acquire LXP Industrial Trust in $5.2 Billion All-Cash Transaction
LXP Industrial Trust to Report Second Quarter 2026 Results and Host Conference Call July 29, 2026
LXP Industrial Trust Announces Quarterly Common Share Dividend
Headlines via Financial Modeling Prep; links open the original publisher in a new tab. Not an endorsement or investment advice.
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Same-store NOI, occupancy, leasing/WALT, top tenants, external-manager fees, development pipeline and (for non-traded vehicles) share-class fees, redemption/gating and NAV methodology are planned modules sourced from supplementals and prospectuses.