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

LEE ENTERPRISES, Inc is the larger business by last-quarter revenue ($130.1M vs $86.7M, roughly 1.5× LXP Industrial Trust). LXP Industrial Trust runs the higher net margin — 33.2% vs -4.3%, a 37.5% gap on every dollar of revenue. On growth, LEE ENTERPRISES, Inc posted the faster year-over-year revenue change (-10.0% vs -14.0%). Over the past eight quarters, LXP Industrial Trust's revenue compounded faster (0.3% CAGR vs -5.8%).

Lee Enterprises, Inc. is a publicly traded American media company. It publishes 72 daily newspapers in 25 states, and more than 350 weekly, classified, and specialty publications. Lee Enterprises was founded in 1890 by Alfred Wilson Lee and is based in Davenport, Iowa.

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.

LEE vs LXP — Head-to-Head

Bigger by revenue
LEE
LEE
1.5× larger
LEE
$130.1M
$86.7M
LXP
Growing faster (revenue YoY)
LEE
LEE
+4.0% gap
LEE
-10.0%
-14.0%
LXP
Higher net margin
LXP
LXP
37.5% more per $
LXP
33.2%
-4.3%
LEE
Faster 2-yr revenue CAGR
LXP
LXP
Annualised
LXP
0.3%
-5.8%
LEE

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
LEE
LEE
LXP
LXP
Revenue
$130.1M
$86.7M
Net Profit
$-5.6M
$28.8M
Gross Margin
81.5%
Operating Margin
4.0%
34.6%
Net Margin
-4.3%
33.2%
Revenue YoY
-10.0%
-14.0%
Net Profit YoY
66.5%
EPS (diluted)
$-0.92

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
LEE
LEE
LXP
LXP
Q4 25
$130.1M
$86.7M
Q3 25
$139.1M
$86.9M
Q2 25
$141.3M
$87.7M
Q1 25
$137.4M
$88.9M
Q4 24
$144.6M
$100.9M
Q3 24
$158.6M
$85.6M
Q2 24
$150.6M
$85.8M
Q1 24
$146.6M
$86.3M
Net Profit
LEE
LEE
LXP
LXP
Q4 25
$-5.6M
$28.8M
Q3 25
$-6.4M
$36.3M
Q2 25
$-1.9M
$29.1M
Q1 25
$-12.5M
$19.0M
Q4 24
$-16.7M
Q3 24
$-10.1M
$6.3M
Q2 24
$-4.3M
$5.4M
Q1 24
$-12.2M
$-269.0K
Gross Margin
LEE
LEE
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
LEE
LEE
LXP
LXP
Q4 25
4.0%
34.6%
Q3 25
-1.0%
50.4%
Q2 25
3.3%
33.7%
Q1 25
-3.3%
21.8%
Q4 24
-2.3%
Q3 24
-2.3%
7.9%
Q2 24
3.3%
6.9%
Q1 24
-3.1%
1.0%
Net Margin
LEE
LEE
LXP
LXP
Q4 25
-4.3%
33.2%
Q3 25
-4.6%
41.7%
Q2 25
-1.4%
33.2%
Q1 25
-9.1%
21.4%
Q4 24
-11.6%
Q3 24
-6.4%
7.4%
Q2 24
-2.8%
6.3%
Q1 24
-8.3%
-0.3%
EPS (diluted)
LEE
LEE
LXP
LXP
Q4 25
$-0.92
Q3 25
$-1.02
$0.12
Q2 25
$-0.31
$0.09
Q1 25
$-2.07
$0.06
Q4 24
$-2.80
Q3 24
$-1.68
$0.02
Q2 24
$-0.73
$0.01
Q1 24
$-2.06
$-0.01

Balance Sheet & Financial Strength

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

Metric
LEE
LEE
LXP
LXP
Cash + ST InvestmentsLiquidity on hand
$12.6M
$170.4M
Total DebtLower is stronger
$1.4B
Stockholders' EquityBook value
$-48.7M
$2.0B
Total Assets
$592.6M
$3.5B
Debt / EquityLower = less leverage
0.66×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LEE
LEE
LXP
LXP
Q4 25
$12.6M
$170.4M
Q3 25
$10.0M
$229.7M
Q2 25
$14.1M
$71.0M
Q1 25
$4.7M
$70.9M
Q4 24
$6.1M
$101.8M
Q3 24
$9.6M
$55.0M
Q2 24
$13.4M
$48.7M
Q1 24
$16.1M
$293.8M
Total Debt
LEE
LEE
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
LEE
LEE
LXP
LXP
Q4 25
$-48.7M
$2.0B
Q3 25
$-43.3M
$2.1B
Q2 25
$-40.5M
$2.1B
Q1 25
$-38.9M
$2.1B
Q4 24
$-26.7M
$2.1B
Q3 24
$-9.9M
$2.1B
Q2 24
$4.0M
$2.1B
Q1 24
$7.9M
$2.2B
Total Assets
LEE
LEE
LXP
LXP
Q4 25
$592.6M
$3.5B
Q3 25
$601.7M
$3.7B
Q2 25
$622.7M
$3.7B
Q1 25
$623.9M
$3.8B
Q4 24
$633.0M
$3.8B
Q3 24
$649.2M
$3.9B
Q2 24
$677.5M
$3.9B
Q1 24
$684.8M
$4.2B
Debt / Equity
LEE
LEE
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
LEE
LEE
LXP
LXP
Operating Cash FlowLast quarter
$4.5M
$188.7M
Free Cash FlowOCF − Capex
$3.7M
FCF MarginFCF / Revenue
2.9%
Capex IntensityCapex / Revenue
0.6%
Cash ConversionOCF / Net Profit
6.56×
TTM Free Cash FlowTrailing 4 quarters
$1.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LEE
LEE
LXP
LXP
Q4 25
$4.5M
$188.7M
Q3 25
$-6.3M
$63.5M
Q2 25
$8.9M
$44.3M
Q1 25
$-790.0K
$39.0M
Q4 24
$-7.3M
$211.2M
Q3 24
$-261.0K
$64.6M
Q2 24
$-1.9M
$38.5M
Q1 24
$3.2M
$38.9M
Free Cash Flow
LEE
LEE
LXP
LXP
Q4 25
$3.7M
Q3 25
$-8.3M
Q2 25
$8.3M
Q1 25
$-2.2M
Q4 24
$-8.9M
Q3 24
$-2.9M
Q2 24
$-5.5M
Q1 24
$1.3M
FCF Margin
LEE
LEE
LXP
LXP
Q4 25
2.9%
Q3 25
-6.0%
Q2 25
5.9%
Q1 25
-1.6%
Q4 24
-6.1%
Q3 24
-1.8%
Q2 24
-3.6%
Q1 24
0.9%
Capex Intensity
LEE
LEE
LXP
LXP
Q4 25
0.6%
Q3 25
1.4%
Q2 25
0.4%
Q1 25
1.0%
Q4 24
1.1%
Q3 24
1.7%
Q2 24
2.4%
Q1 24
1.3%
Cash Conversion
LEE
LEE
LXP
LXP
Q4 25
6.56×
Q3 25
1.75×
Q2 25
1.52×
Q1 25
2.05×
Q4 24
Q3 24
10.18×
Q2 24
7.09×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

LEE
LEE

Advertising And Marketing Services$60.0M46%
Subscription And Circulation$57.7M44%
Other$12.4M10%

LXP
LXP

Segment breakdown not available.

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