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Side-by-side financial comparison of LXP Industrial Trust (LXP) and NAPCO SECURITY TECHNOLOGIES, INC (NSSC). Click either name above to swap in a different company.

LXP Industrial Trust is the larger business by last-quarter revenue ($86.7M vs $48.2M, roughly 1.8× NAPCO SECURITY TECHNOLOGIES, INC). LXP Industrial Trust runs the higher net margin — 33.2% vs 28.0%, a 5.1% gap on every dollar of revenue. On growth, NAPCO SECURITY TECHNOLOGIES, INC posted the faster year-over-year revenue change (12.2% vs -14.0%). Over the past eight quarters, LXP Industrial Trust's revenue compounded faster (0.3% CAGR vs -1.1%).

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.

Napco Security Technologies, Inc. was set up in 1969 and now is based in Amityville, New York. The company focuses on security products, such as electronic locking devices, alarm systems, and building access control systems. The company was formerly known as Napco Security Systems, Inc.

LXP vs NSSC — Head-to-Head

Bigger by revenue
LXP
LXP
1.8× larger
LXP
$86.7M
$48.2M
NSSC
Growing faster (revenue YoY)
NSSC
NSSC
+26.2% gap
NSSC
12.2%
-14.0%
LXP
Higher net margin
LXP
LXP
5.1% more per $
LXP
33.2%
28.0%
NSSC
Faster 2-yr revenue CAGR
LXP
LXP
Annualised
LXP
0.3%
-1.1%
NSSC

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
LXP
LXP
NSSC
NSSC
Revenue
$86.7M
$48.2M
Net Profit
$28.8M
$13.5M
Gross Margin
81.5%
58.6%
Operating Margin
34.6%
30.6%
Net Margin
33.2%
28.0%
Revenue YoY
-14.0%
12.2%
Net Profit YoY
29.0%
EPS (diluted)
$0.38

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
NSSC
NSSC
Q4 25
$86.7M
$48.2M
Q3 25
$86.9M
$49.2M
Q2 25
$87.7M
$50.7M
Q1 25
$88.9M
$44.0M
Q4 24
$100.9M
$42.9M
Q3 24
$85.6M
$44.0M
Q2 24
$85.8M
$50.3M
Q1 24
$86.3M
$49.3M
Net Profit
LXP
LXP
NSSC
NSSC
Q4 25
$28.8M
$13.5M
Q3 25
$36.3M
$12.2M
Q2 25
$29.1M
$11.6M
Q1 25
$19.0M
$10.1M
Q4 24
$10.5M
Q3 24
$6.3M
$11.2M
Q2 24
$5.4M
$13.5M
Q1 24
$-269.0K
$13.2M
Gross Margin
LXP
LXP
NSSC
NSSC
Q4 25
81.5%
58.6%
Q3 25
82.3%
56.6%
Q2 25
81.9%
52.8%
Q1 25
80.7%
57.2%
Q4 24
85.3%
57.0%
Q3 24
82.5%
55.9%
Q2 24
82.0%
55.3%
Q1 24
82.4%
53.8%
Operating Margin
LXP
LXP
NSSC
NSSC
Q4 25
34.6%
30.6%
Q3 25
50.4%
27.7%
Q2 25
33.7%
23.8%
Q1 25
21.8%
25.4%
Q4 24
26.0%
Q3 24
7.9%
26.9%
Q2 24
6.9%
27.7%
Q1 24
1.0%
29.4%
Net Margin
LXP
LXP
NSSC
NSSC
Q4 25
33.2%
28.0%
Q3 25
41.7%
24.7%
Q2 25
33.2%
22.9%
Q1 25
21.4%
23.0%
Q4 24
24.4%
Q3 24
7.4%
25.4%
Q2 24
6.3%
26.9%
Q1 24
-0.3%
26.8%
EPS (diluted)
LXP
LXP
NSSC
NSSC
Q4 25
$0.38
Q3 25
$0.12
$0.34
Q2 25
$0.09
$0.33
Q1 25
$0.06
$0.28
Q4 24
$0.28
Q3 24
$0.02
$0.30
Q2 24
$0.01
$0.36
Q1 24
$-0.01
$0.36

Balance Sheet & Financial Strength

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

Metric
LXP
LXP
NSSC
NSSC
Cash + ST InvestmentsLiquidity on hand
$170.4M
$115.4M
Total DebtLower is stronger
$1.4B
Stockholders' EquityBook value
$2.0B
$184.8M
Total Assets
$3.5B
$212.8M
Debt / EquityLower = less leverage
0.66×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LXP
LXP
NSSC
NSSC
Q4 25
$170.4M
$115.4M
Q3 25
$229.7M
$105.8M
Q2 25
$71.0M
$99.2M
Q1 25
$70.9M
$89.3M
Q4 24
$101.8M
$99.2M
Q3 24
$55.0M
$91.3M
Q2 24
$48.7M
$70.7M
Q1 24
$293.8M
$60.9M
Total Debt
LXP
LXP
NSSC
NSSC
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
LXP
LXP
NSSC
NSSC
Q4 25
$2.0B
$184.8M
Q3 25
$2.1B
$176.1M
Q2 25
$2.1B
$168.6M
Q1 25
$2.1B
$161.5M
Q4 24
$2.1B
$174.2M
Q3 24
$2.1B
$178.6M
Q2 24
$2.1B
$178.9M
Q1 24
$2.2B
$168.2M
Total Assets
LXP
LXP
NSSC
NSSC
Q4 25
$3.5B
$212.8M
Q3 25
$3.7B
$206.0M
Q2 25
$3.7B
$198.1M
Q1 25
$3.8B
$190.9M
Q4 24
$3.8B
$202.7M
Q3 24
$3.9B
$209.9M
Q2 24
$3.9B
$207.8M
Q1 24
$4.2B
$194.8M
Debt / Equity
LXP
LXP
NSSC
NSSC
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
LXP
LXP
NSSC
NSSC
Operating Cash FlowLast quarter
$188.7M
$15.1M
Free Cash FlowOCF − Capex
$14.5M
FCF MarginFCF / Revenue
30.1%
Capex IntensityCapex / Revenue
1.2%
Cash ConversionOCF / Net Profit
6.56×
1.12×
TTM Free Cash FlowTrailing 4 quarters
$53.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LXP
LXP
NSSC
NSSC
Q4 25
$188.7M
$15.1M
Q3 25
$63.5M
$11.6M
Q2 25
$44.3M
$14.6M
Q1 25
$39.0M
$13.4M
Q4 24
$211.2M
$13.5M
Q3 24
$64.6M
$12.0M
Q2 24
$38.5M
$14.3M
Q1 24
$38.9M
$12.3M
Free Cash Flow
LXP
LXP
NSSC
NSSC
Q4 25
$14.5M
Q3 25
$11.4M
Q2 25
$14.4M
Q1 25
$13.3M
Q4 24
$12.4M
Q3 24
$11.3M
Q2 24
$13.8M
Q1 24
$12.0M
FCF Margin
LXP
LXP
NSSC
NSSC
Q4 25
30.1%
Q3 25
23.3%
Q2 25
28.4%
Q1 25
30.3%
Q4 24
28.8%
Q3 24
25.8%
Q2 24
27.4%
Q1 24
24.3%
Capex Intensity
LXP
LXP
NSSC
NSSC
Q4 25
1.2%
Q3 25
0.4%
Q2 25
0.5%
Q1 25
0.1%
Q4 24
2.6%
Q3 24
1.5%
Q2 24
1.1%
Q1 24
0.7%
Cash Conversion
LXP
LXP
NSSC
NSSC
Q4 25
6.56×
1.12×
Q3 25
1.75×
0.96×
Q2 25
1.52×
1.26×
Q1 25
2.05×
1.32×
Q4 24
1.29×
Q3 24
10.18×
1.08×
Q2 24
7.09×
1.06×
Q1 24
0.94×

Financial Flow Comparison

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

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