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Side-by-side financial comparison of LXP Industrial Trust (LXP) and Quipt Home Medical Corp. (QIPT). Click either name above to swap in a different company.

LXP Industrial Trust is the larger business by last-quarter revenue ($86.7M vs $49.0M, roughly 1.8× Quipt Home Medical Corp.). LXP Industrial Trust runs the higher net margin — 33.2% vs -2.1%, a 35.3% gap on every dollar of revenue. On growth, Quipt Home Medical Corp. posted the faster year-over-year revenue change (32.3% vs -14.0%).

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.

Quipt Home Medical Corp is a U.S.-based home medical equipment provider specializing in respiratory care, sleep therapy supplies, and chronic disease management products. It serves patients with long-term health conditions, partners with healthcare providers and insurance payers across operating regions to deliver accessible in-home medical solutions.

LXP vs QIPT — Head-to-Head

Bigger by revenue
LXP
LXP
1.8× larger
LXP
$86.7M
$49.0M
QIPT
Growing faster (revenue YoY)
QIPT
QIPT
+46.2% gap
QIPT
32.3%
-14.0%
LXP
Higher net margin
LXP
LXP
35.3% more per $
LXP
33.2%
-2.1%
QIPT

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
LXP
LXP
QIPT
QIPT
Revenue
$86.7M
$49.0M
Net Profit
$28.8M
$-1.1M
Gross Margin
81.5%
53.5%
Operating Margin
34.6%
2.1%
Net Margin
33.2%
-2.1%
Revenue YoY
-14.0%
32.3%
Net Profit YoY
2.9%
EPS (diluted)
$-0.02

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
QIPT
QIPT
Q4 25
$86.7M
$49.0M
Q3 25
$86.9M
$39.8M
Q2 25
$87.7M
$35.1M
Q1 25
$88.9M
$33.3M
Q4 24
$100.9M
$37.1M
Q3 24
$85.6M
Q2 24
$85.8M
Q1 24
$86.3M
Net Profit
LXP
LXP
QIPT
QIPT
Q4 25
$28.8M
$-1.1M
Q3 25
$36.3M
$-3.5M
Q2 25
$29.1M
$-3.0M
Q1 25
$19.0M
$-3.0M
Q4 24
$-1.1M
Q3 24
$6.3M
Q2 24
$5.4M
Q1 24
$-269.0K
Gross Margin
LXP
LXP
QIPT
QIPT
Q4 25
81.5%
53.5%
Q3 25
82.3%
48.7%
Q2 25
81.9%
57.6%
Q1 25
80.7%
54.6%
Q4 24
85.3%
52.1%
Q3 24
82.5%
Q2 24
82.0%
Q1 24
82.4%
Operating Margin
LXP
LXP
QIPT
QIPT
Q4 25
34.6%
2.1%
Q3 25
50.4%
-3.6%
Q2 25
33.7%
-5.2%
Q1 25
21.8%
-3.0%
Q4 24
1.2%
Q3 24
7.9%
Q2 24
6.9%
Q1 24
1.0%
Net Margin
LXP
LXP
QIPT
QIPT
Q4 25
33.2%
-2.1%
Q3 25
41.7%
-8.9%
Q2 25
33.2%
-8.6%
Q1 25
21.4%
-9.1%
Q4 24
-2.9%
Q3 24
7.4%
Q2 24
6.3%
Q1 24
-0.3%
EPS (diluted)
LXP
LXP
QIPT
QIPT
Q4 25
$-0.02
Q3 25
$0.12
$-0.07
Q2 25
$0.09
$-0.07
Q1 25
$0.06
$-0.07
Q4 24
$-0.03
Q3 24
$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
LXP
LXP
QIPT
QIPT
Cash + ST InvestmentsLiquidity on hand
$170.4M
$10.5M
Total DebtLower is stronger
$1.4B
$84.0M
Stockholders' EquityBook value
$2.0B
$113.0M
Total Assets
$3.5B
$280.7M
Debt / EquityLower = less leverage
0.66×
0.74×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LXP
LXP
QIPT
QIPT
Q4 25
$170.4M
$10.5M
Q3 25
$229.7M
$12.9M
Q2 25
$71.0M
$11.3M
Q1 25
$70.9M
$17.1M
Q4 24
$101.8M
$15.5M
Q3 24
$55.0M
Q2 24
$48.7M
Q1 24
$293.8M
Total Debt
LXP
LXP
QIPT
QIPT
Q4 25
$1.4B
$84.0M
Q3 25
$1.5B
$87.6M
Q2 25
$1.5B
$66.0M
Q1 25
$1.5B
$71.5M
Q4 24
$1.6B
$70.6M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
LXP
LXP
QIPT
QIPT
Q4 25
$2.0B
$113.0M
Q3 25
$2.1B
$112.1M
Q2 25
$2.1B
$102.5M
Q1 25
$2.1B
$103.6M
Q4 24
$2.1B
$106.3M
Q3 24
$2.1B
Q2 24
$2.1B
Q1 24
$2.2B
Total Assets
LXP
LXP
QIPT
QIPT
Q4 25
$3.5B
$280.7M
Q3 25
$3.7B
$283.3M
Q2 25
$3.7B
$236.1M
Q1 25
$3.8B
$244.6M
Q4 24
$3.8B
$242.8M
Q3 24
$3.9B
Q2 24
$3.9B
Q1 24
$4.2B
Debt / Equity
LXP
LXP
QIPT
QIPT
Q4 25
0.66×
0.74×
Q3 25
0.72×
0.78×
Q2 25
0.72×
0.64×
Q1 25
0.73×
0.69×
Q4 24
0.75×
0.66×
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
QIPT
QIPT
Operating Cash FlowLast quarter
$188.7M
$8.9M
Free Cash FlowOCF − Capex
$6.9M
FCF MarginFCF / Revenue
14.0%
Capex IntensityCapex / Revenue
4.2%
Cash ConversionOCF / Net Profit
6.56×
TTM Free Cash FlowTrailing 4 quarters
$26.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LXP
LXP
QIPT
QIPT
Q4 25
$188.7M
$8.9M
Q3 25
$63.5M
$9.8M
Q2 25
$44.3M
$9.7M
Q1 25
$39.0M
$8.9M
Q4 24
$211.2M
$9.3M
Q3 24
$64.6M
Q2 24
$38.5M
Q1 24
$38.9M
Free Cash Flow
LXP
LXP
QIPT
QIPT
Q4 25
$6.9M
Q3 25
$8.0M
Q2 25
$4.4M
Q1 25
$7.3M
Q4 24
$5.6M
Q3 24
Q2 24
Q1 24
FCF Margin
LXP
LXP
QIPT
QIPT
Q4 25
14.0%
Q3 25
20.0%
Q2 25
12.6%
Q1 25
22.0%
Q4 24
15.2%
Q3 24
Q2 24
Q1 24
Capex Intensity
LXP
LXP
QIPT
QIPT
Q4 25
4.2%
Q3 25
4.6%
Q2 25
14.9%
Q1 25
4.8%
Q4 24
9.9%
Q3 24
Q2 24
Q1 24
Cash Conversion
LXP
LXP
QIPT
QIPT
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.

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