vs

Side-by-side financial comparison of DHT Holdings, Inc. (DHT) and LXP Industrial Trust (LXP). Click either name above to swap in a different company.

DHT Holdings, Inc. is the larger business by last-quarter revenue ($107.3M vs $86.7M, roughly 1.2× LXP Industrial Trust). DHT Holdings, Inc. runs the higher net margin — 41.7% vs 33.2%, a 8.6% gap on every dollar of revenue. On growth, LXP Industrial Trust posted the faster year-over-year revenue change (-14.0% vs -24.5%).

DHT Holdings, Inc. is an independent international crude oil tanker operator that owns and manages a fleet of very large crude carriers. It offers marine transportation services for crude oil across major global trade routes, serving clients including leading oil producers, refineries, and commodity trading enterprises worldwide.

LXP Industrial Trust is a publicly traded real estate investment trust (REIT) that owns, operates, and invests in high-quality industrial real estate assets, primarily distribution centers, logistics facilities, and light industrial properties across key markets in the United States. Its tenant base covers e-commerce, third-party logistics, and advanced manufacturing sectors, delivering stable long-term returns for its investors.

DHT vs LXP — Head-to-Head

Bigger by revenue
DHT
DHT
1.2× larger
DHT
$107.3M
$86.7M
LXP
Growing faster (revenue YoY)
LXP
LXP
+10.5% gap
LXP
-14.0%
-24.5%
DHT
Higher net margin
DHT
DHT
8.6% more per $
DHT
41.7%
33.2%
LXP

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
DHT
DHT
LXP
LXP
Revenue
$107.3M
$86.7M
Net Profit
$44.8M
$28.8M
Gross Margin
81.5%
Operating Margin
44.2%
34.6%
Net Margin
41.7%
33.2%
Revenue YoY
-24.5%
-14.0%
Net Profit YoY
27.3%
EPS (diluted)
$0.28

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
DHT
DHT
LXP
LXP
Q4 25
$86.7M
Q3 25
$107.3M
$86.9M
Q2 25
$87.7M
Q1 25
$88.9M
Q4 24
$100.9M
Q3 24
$142.1M
$85.6M
Q2 24
$85.8M
Q1 24
$86.3M
Net Profit
DHT
DHT
LXP
LXP
Q4 25
$28.8M
Q3 25
$44.8M
$36.3M
Q2 25
$29.1M
Q1 25
$19.0M
Q4 24
Q3 24
$35.2M
$6.3M
Q2 24
$5.4M
Q1 24
$-269.0K
Gross Margin
DHT
DHT
LXP
LXP
Q4 25
81.5%
Q3 25
82.3%
Q2 25
81.9%
Q1 25
80.7%
Q4 24
85.3%
Q3 24
82.5%
Q2 24
82.0%
Q1 24
82.4%
Operating Margin
DHT
DHT
LXP
LXP
Q4 25
34.6%
Q3 25
44.2%
50.4%
Q2 25
33.7%
Q1 25
21.8%
Q4 24
Q3 24
29.7%
7.9%
Q2 24
6.9%
Q1 24
1.0%
Net Margin
DHT
DHT
LXP
LXP
Q4 25
33.2%
Q3 25
41.7%
41.7%
Q2 25
33.2%
Q1 25
21.4%
Q4 24
Q3 24
24.8%
7.4%
Q2 24
6.3%
Q1 24
-0.3%
EPS (diluted)
DHT
DHT
LXP
LXP
Q4 25
Q3 25
$0.28
$0.12
Q2 25
$0.09
Q1 25
$0.06
Q4 24
Q3 24
$0.22
$0.02
Q2 24
$0.01
Q1 24
$-0.01

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DHT
DHT
LXP
LXP
Cash + ST InvestmentsLiquidity on hand
$81.3M
$170.4M
Total DebtLower is stronger
$1.4B
Stockholders' EquityBook value
$1.1B
$2.0B
Total Assets
$1.4B
$3.5B
Debt / EquityLower = less leverage
0.66×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DHT
DHT
LXP
LXP
Q4 25
$170.4M
Q3 25
$81.3M
$229.7M
Q2 25
$71.0M
Q1 25
$70.9M
Q4 24
$101.8M
Q3 24
$73.8M
$55.0M
Q2 24
$48.7M
Q1 24
$293.8M
Total Debt
DHT
DHT
LXP
LXP
Q4 25
$1.4B
Q3 25
$1.5B
Q2 25
$1.5B
Q1 25
$1.5B
Q4 24
$1.6B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
DHT
DHT
LXP
LXP
Q4 25
$2.0B
Q3 25
$1.1B
$2.1B
Q2 25
$2.1B
Q1 25
$2.1B
Q4 24
$2.1B
Q3 24
$1.0B
$2.1B
Q2 24
$2.1B
Q1 24
$2.2B
Total Assets
DHT
DHT
LXP
LXP
Q4 25
$3.5B
Q3 25
$1.4B
$3.7B
Q2 25
$3.7B
Q1 25
$3.8B
Q4 24
$3.8B
Q3 24
$1.5B
$3.9B
Q2 24
$3.9B
Q1 24
$4.2B
Debt / Equity
DHT
DHT
LXP
LXP
Q4 25
0.66×
Q3 25
0.72×
Q2 25
0.72×
Q1 25
0.73×
Q4 24
0.75×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DHT
DHT
LXP
LXP
Operating Cash FlowLast quarter
$60.9M
$188.7M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.36×
6.56×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DHT
DHT
LXP
LXP
Q4 25
$188.7M
Q3 25
$60.9M
$63.5M
Q2 25
$44.3M
Q1 25
$39.0M
Q4 24
$211.2M
Q3 24
$80.1M
$64.6M
Q2 24
$38.5M
Q1 24
$38.9M
Cash Conversion
DHT
DHT
LXP
LXP
Q4 25
6.56×
Q3 25
1.36×
1.75×
Q2 25
1.52×
Q1 25
2.05×
Q4 24
Q3 24
2.28×
10.18×
Q2 24
7.09×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Related Comparisons