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Side-by-side financial comparison of LXP Industrial Trust (LXP) and Plymouth Industrial REIT, Inc. (PLYM). Click either name above to swap in a different company.
LXP Industrial Trust is the larger business by last-quarter revenue ($86.7M vs $51.2M, roughly 1.7× Plymouth Industrial REIT, Inc.). LXP Industrial Trust runs the higher net margin — 33.2% vs -106.3%, a 139.4% gap on every dollar of revenue. On growth, Plymouth Industrial REIT, Inc. posted the faster year-over-year revenue change (-1.4% vs -14.0%). Over the past eight quarters, Plymouth Industrial REIT, Inc.'s revenue compounded faster (0.4% 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.
Plymouth Industrial REIT, Inc. is a real estate investment trust focused on owning, operating, and acquiring high-quality industrial properties including distribution centers, warehouses, and light industrial facilities across key U.S. logistics hubs. It serves tenants in e-commerce, retail, manufacturing, and third-party logistics sectors, supporting diverse business supply chain needs.
LXP vs PLYM — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $86.7M | $51.2M |
| Net Profit | $28.8M | $-54.4M |
| Gross Margin | 81.5% | — |
| Operating Margin | 34.6% | -102.5% |
| Net Margin | 33.2% | -106.3% |
| Revenue YoY | -14.0% | -1.4% |
| Net Profit YoY | — | -248.5% |
| EPS (diluted) | — | $-1.23 |
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.
| Q4 25 | $86.7M | — | ||
| Q3 25 | $86.9M | $51.2M | ||
| Q2 25 | $87.7M | $47.2M | ||
| Q1 25 | $88.9M | $45.6M | ||
| Q4 24 | $100.9M | $47.6M | ||
| Q3 24 | $85.6M | $51.9M | ||
| Q2 24 | $85.8M | $48.7M | ||
| Q1 24 | $86.3M | $50.2M |
| Q4 25 | $28.8M | — | ||
| Q3 25 | $36.3M | $-54.4M | ||
| Q2 25 | $29.1M | $-6.1M | ||
| Q1 25 | $19.0M | $5.8M | ||
| Q4 24 | — | $147.4M | ||
| Q3 24 | $6.3M | $-15.6M | ||
| Q2 24 | $5.4M | $1.3M | ||
| Q1 24 | $-269.0K | $6.2M |
| 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% | — |
| Q4 25 | 34.6% | — | ||
| Q3 25 | 50.4% | -102.5% | ||
| Q2 25 | 33.7% | -10.3% | ||
| Q1 25 | 21.8% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 7.9% | -29.6% | ||
| Q2 24 | 6.9% | 2.7% | ||
| Q1 24 | 1.0% | — |
| Q4 25 | 33.2% | — | ||
| Q3 25 | 41.7% | -106.3% | ||
| Q2 25 | 33.2% | -12.9% | ||
| Q1 25 | 21.4% | 12.8% | ||
| Q4 24 | — | 309.9% | ||
| Q3 24 | 7.4% | -30.1% | ||
| Q2 24 | 6.3% | 2.7% | ||
| Q1 24 | -0.3% | 12.4% |
| Q4 25 | — | — | ||
| Q3 25 | $0.12 | $-1.23 | ||
| Q2 25 | $0.09 | $-0.14 | ||
| Q1 25 | $0.06 | $0.13 | ||
| Q4 24 | — | $3.24 | ||
| Q3 24 | $0.02 | $-0.35 | ||
| Q2 24 | $0.01 | $0.03 | ||
| Q1 24 | $-0.01 | $0.14 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $170.4M | — |
| Total DebtLower is stronger | $1.4B | — |
| Stockholders' EquityBook value | $2.0B | $470.1M |
| Total Assets | $3.5B | $1.6B |
| Debt / EquityLower = less leverage | 0.66× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $170.4M | — | ||
| Q3 25 | $229.7M | — | ||
| Q2 25 | $71.0M | — | ||
| Q1 25 | $70.9M | — | ||
| Q4 24 | $101.8M | — | ||
| Q3 24 | $55.0M | — | ||
| Q2 24 | $48.7M | — | ||
| Q1 24 | $293.8M | — |
| Q4 25 | $1.4B | — | ||
| Q3 25 | $1.5B | — | ||
| Q2 25 | $1.5B | — | ||
| Q1 25 | $1.5B | — | ||
| Q4 24 | $1.6B | $646.4M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $2.0B | — | ||
| Q3 25 | $2.1B | $470.1M | ||
| Q2 25 | $2.1B | $539.6M | ||
| Q1 25 | $2.1B | $571.0M | ||
| Q4 24 | $2.1B | $579.5M | ||
| Q3 24 | $2.1B | $436.5M | ||
| Q2 24 | $2.1B | $475.2M | ||
| Q1 24 | $2.2B | $484.6M |
| Q4 25 | $3.5B | — | ||
| Q3 25 | $3.7B | $1.6B | ||
| Q2 25 | $3.7B | $1.6B | ||
| Q1 25 | $3.8B | $1.4B | ||
| Q4 24 | $3.8B | $1.4B | ||
| Q3 24 | $3.9B | $1.5B | ||
| Q2 24 | $3.9B | $1.4B | ||
| Q1 24 | $4.2B | $1.4B |
| Q4 25 | 0.66× | — | ||
| Q3 25 | 0.72× | — | ||
| Q2 25 | 0.72× | — | ||
| Q1 25 | 0.73× | — | ||
| Q4 24 | 0.75× | 1.12× | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $188.7M | $20.0M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | 6.56× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $188.7M | — | ||
| Q3 25 | $63.5M | $20.0M | ||
| Q2 25 | $44.3M | $23.4M | ||
| Q1 25 | $39.0M | $15.6M | ||
| Q4 24 | $211.2M | $96.1M | ||
| Q3 24 | $64.6M | $17.6M | ||
| Q2 24 | $38.5M | $19.9M | ||
| Q1 24 | $38.9M | $16.6M |
| Q4 25 | 6.56× | — | ||
| Q3 25 | 1.75× | — | ||
| Q2 25 | 1.52× | — | ||
| Q1 25 | 2.05× | 2.67× | ||
| Q4 24 | — | 0.65× | ||
| Q3 24 | 10.18× | — | ||
| Q2 24 | 7.09× | 15.12× | ||
| Q1 24 | — | 2.67× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
