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

LXP Industrial Trust is the larger business by last-quarter revenue ($86.7M vs $75.2M, roughly 1.2× NPK International Inc.). On growth, NPK International Inc. posted the faster year-over-year revenue change (30.7% vs -14.0%). Over the past eight quarters, NPK International Inc.'s revenue compounded faster (23.9% CAGR vs 0.3%).

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.

LXP vs NPKI — Head-to-Head

Bigger by revenue
LXP
LXP
1.2× larger
LXP
$86.7M
$75.2M
NPKI
Growing faster (revenue YoY)
NPKI
NPKI
+44.7% gap
NPKI
30.7%
-14.0%
LXP
Faster 2-yr revenue CAGR
NPKI
NPKI
Annualised
NPKI
23.9%
0.3%
LXP

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
LXP
LXP
NPKI
NPKI
Revenue
$86.7M
$75.2M
Net Profit
$28.8M
Gross Margin
81.5%
37.7%
Operating Margin
34.6%
16.7%
Net Margin
33.2%
Revenue YoY
-14.0%
30.7%
Net Profit YoY
EPS (diluted)
$0.17

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
LXP
LXP
NPKI
NPKI
Q4 25
$86.7M
$75.2M
Q3 25
$86.9M
$68.8M
Q2 25
$87.7M
$68.2M
Q1 25
$88.9M
$64.8M
Q4 24
$100.9M
$57.5M
Q3 24
$85.6M
$44.2M
Q2 24
$85.8M
$66.8M
Q1 24
$86.3M
$49.0M
Net Profit
LXP
LXP
NPKI
NPKI
Q4 25
$28.8M
Q3 25
$36.3M
$5.7M
Q2 25
$29.1M
$8.7M
Q1 25
$19.0M
$10.0M
Q4 24
Q3 24
$6.3M
$-174.3M
Q2 24
$5.4M
$8.0M
Q1 24
$-269.0K
$7.3M
Gross Margin
LXP
LXP
NPKI
NPKI
Q4 25
81.5%
37.7%
Q3 25
82.3%
31.9%
Q2 25
81.9%
36.9%
Q1 25
80.7%
39.0%
Q4 24
85.3%
39.2%
Q3 24
82.5%
27.5%
Q2 24
82.0%
37.2%
Q1 24
82.4%
36.0%
Operating Margin
LXP
LXP
NPKI
NPKI
Q4 25
34.6%
16.7%
Q3 25
50.4%
13.2%
Q2 25
33.7%
17.0%
Q1 25
21.8%
20.9%
Q4 24
20.2%
Q3 24
7.9%
2.8%
Q2 24
6.9%
18.7%
Q1 24
1.0%
14.2%
Net Margin
LXP
LXP
NPKI
NPKI
Q4 25
33.2%
Q3 25
41.7%
8.2%
Q2 25
33.2%
12.7%
Q1 25
21.4%
15.4%
Q4 24
Q3 24
7.4%
-394.3%
Q2 24
6.3%
12.0%
Q1 24
-0.3%
14.9%
EPS (diluted)
LXP
LXP
NPKI
NPKI
Q4 25
$0.17
Q3 25
$0.12
$0.07
Q2 25
$0.09
$0.10
Q1 25
$0.06
$0.11
Q4 24
$0.10
Q3 24
$0.02
$-1.99
Q2 24
$0.01
$0.09
Q1 24
$-0.01
$0.08

Balance Sheet & Financial Strength

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

Metric
LXP
LXP
NPKI
NPKI
Cash + ST InvestmentsLiquidity on hand
$170.4M
$5.1M
Total DebtLower is stronger
$1.4B
$16.9M
Stockholders' EquityBook value
$2.0B
$351.2M
Total Assets
$3.5B
$441.8M
Debt / EquityLower = less leverage
0.66×
0.05×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LXP
LXP
NPKI
NPKI
Q4 25
$170.4M
$5.1M
Q3 25
$229.7M
$35.6M
Q2 25
$71.0M
$26.0M
Q1 25
$70.9M
$20.8M
Q4 24
$101.8M
$17.8M
Q3 24
$55.0M
$42.9M
Q2 24
$48.7M
$35.1M
Q1 24
$293.8M
$37.7M
Total Debt
LXP
LXP
NPKI
NPKI
Q4 25
$1.4B
$16.9M
Q3 25
$1.5B
$9.5M
Q2 25
$1.5B
$9.3M
Q1 25
$1.5B
$8.1M
Q4 24
$1.6B
$7.7M
Q3 24
$14.0M
Q2 24
$58.0M
Q1 24
$77.4M
Stockholders' Equity
LXP
LXP
NPKI
NPKI
Q4 25
$2.0B
$351.2M
Q3 25
$2.1B
$333.9M
Q2 25
$2.1B
$328.8M
Q1 25
$2.1B
$326.9M
Q4 24
$2.1B
$326.5M
Q3 24
$2.1B
$316.5M
Q2 24
$2.1B
$426.6M
Q1 24
$2.2B
$421.6M
Total Assets
LXP
LXP
NPKI
NPKI
Q4 25
$3.5B
$441.8M
Q3 25
$3.7B
$404.5M
Q2 25
$3.7B
$393.7M
Q1 25
$3.8B
$390.0M
Q4 24
$3.8B
$393.7M
Q3 24
$3.9B
$389.6M
Q2 24
$3.9B
$624.8M
Q1 24
$4.2B
$640.8M
Debt / Equity
LXP
LXP
NPKI
NPKI
Q4 25
0.66×
0.05×
Q3 25
0.72×
0.03×
Q2 25
0.72×
0.03×
Q1 25
0.73×
0.02×
Q4 24
0.75×
0.02×
Q3 24
0.04×
Q2 24
0.14×
Q1 24
0.18×

Cash Flow & Capital Efficiency

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

Metric
LXP
LXP
NPKI
NPKI
Operating Cash FlowLast quarter
$188.7M
$18.0M
Free Cash FlowOCF − Capex
$5.8M
FCF MarginFCF / Revenue
7.6%
Capex IntensityCapex / Revenue
16.3%
Cash ConversionOCF / Net Profit
6.56×
TTM Free Cash FlowTrailing 4 quarters
$26.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LXP
LXP
NPKI
NPKI
Q4 25
$188.7M
$18.0M
Q3 25
$63.5M
$24.7M
Q2 25
$44.3M
$21.4M
Q1 25
$39.0M
$8.8M
Q4 24
$211.2M
$-4.1M
Q3 24
$64.6M
$2.8M
Q2 24
$38.5M
$27.6M
Q1 24
$38.9M
$11.9M
Free Cash Flow
LXP
LXP
NPKI
NPKI
Q4 25
$5.8M
Q3 25
$12.0M
Q2 25
$9.7M
Q1 25
$-1.2M
Q4 24
$-17.7M
Q3 24
$-6.7M
Q2 24
$21.0M
Q1 24
$-1.9M
FCF Margin
LXP
LXP
NPKI
NPKI
Q4 25
7.6%
Q3 25
17.4%
Q2 25
14.3%
Q1 25
-1.8%
Q4 24
-30.8%
Q3 24
-15.2%
Q2 24
31.4%
Q1 24
-3.9%
Capex Intensity
LXP
LXP
NPKI
NPKI
Q4 25
16.3%
Q3 25
18.5%
Q2 25
17.1%
Q1 25
15.5%
Q4 24
23.6%
Q3 24
21.4%
Q2 24
9.9%
Q1 24
28.3%
Cash Conversion
LXP
LXP
NPKI
NPKI
Q4 25
6.56×
Q3 25
1.75×
4.37×
Q2 25
1.52×
2.47×
Q1 25
2.05×
0.88×
Q4 24
Q3 24
10.18×
Q2 24
7.09×
3.43×
Q1 24
1.64×

Financial Flow Comparison

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

Revenue Breakdown by Segment

LXP
LXP

Segment breakdown not available.

NPKI
NPKI

Rental Revenue$34.8M46%
Products$25.5M34%
Services$14.9M20%

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