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

Ranger Energy Services, Inc. is the larger business by last-quarter revenue ($142.2M vs $86.7M, roughly 1.6× LXP Industrial Trust). LXP Industrial Trust runs the higher net margin — 33.2% vs 2.3%, a 30.9% gap on every dollar of revenue. On growth, Ranger Energy Services, Inc. posted the faster year-over-year revenue change (-0.6% vs -14.0%). Over the past eight quarters, Ranger Energy Services, Inc.'s revenue compounded faster (1.9% 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.

Ranger Energy Services, Inc. is a leading North American onshore oilfield services provider. It offers a full suite of well completion, workover, rig operations, and production enhancement solutions for upstream oil and gas operators, primarily serving active unconventional shale and tight resource basins across the continental United States.

LXP vs RNGR — Head-to-Head

Bigger by revenue
RNGR
RNGR
1.6× larger
RNGR
$142.2M
$86.7M
LXP
Growing faster (revenue YoY)
RNGR
RNGR
+13.4% gap
RNGR
-0.6%
-14.0%
LXP
Higher net margin
LXP
LXP
30.9% more per $
LXP
33.2%
2.3%
RNGR
Faster 2-yr revenue CAGR
RNGR
RNGR
Annualised
RNGR
1.9%
0.3%
LXP

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
LXP
LXP
RNGR
RNGR
Revenue
$86.7M
$142.2M
Net Profit
$28.8M
$3.2M
Gross Margin
81.5%
Operating Margin
34.6%
2.3%
Net Margin
33.2%
2.3%
Revenue YoY
-14.0%
-0.6%
Net Profit YoY
-44.8%
EPS (diluted)
$0.14

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
RNGR
RNGR
Q4 25
$86.7M
$142.2M
Q3 25
$86.9M
$128.9M
Q2 25
$87.7M
$140.6M
Q1 25
$88.9M
$135.2M
Q4 24
$100.9M
$143.1M
Q3 24
$85.6M
$153.0M
Q2 24
$85.8M
$138.1M
Q1 24
$86.3M
$136.9M
Net Profit
LXP
LXP
RNGR
RNGR
Q4 25
$28.8M
$3.2M
Q3 25
$36.3M
$1.2M
Q2 25
$29.1M
$7.3M
Q1 25
$19.0M
$600.0K
Q4 24
$5.8M
Q3 24
$6.3M
$8.7M
Q2 24
$5.4M
$4.7M
Q1 24
$-269.0K
$-800.0K
Gross Margin
LXP
LXP
RNGR
RNGR
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
LXP
LXP
RNGR
RNGR
Q4 25
34.6%
2.3%
Q3 25
50.4%
2.0%
Q2 25
33.7%
6.1%
Q1 25
21.8%
0.7%
Q4 24
6.2%
Q3 24
7.9%
8.4%
Q2 24
6.9%
5.3%
Q1 24
1.0%
-0.4%
Net Margin
LXP
LXP
RNGR
RNGR
Q4 25
33.2%
2.3%
Q3 25
41.7%
0.9%
Q2 25
33.2%
5.2%
Q1 25
21.4%
0.4%
Q4 24
4.1%
Q3 24
7.4%
5.7%
Q2 24
6.3%
3.4%
Q1 24
-0.3%
-0.6%
EPS (diluted)
LXP
LXP
RNGR
RNGR
Q4 25
$0.14
Q3 25
$0.12
$0.05
Q2 25
$0.09
$0.32
Q1 25
$0.06
$0.03
Q4 24
$0.24
Q3 24
$0.02
$0.39
Q2 24
$0.01
$0.21
Q1 24
$-0.01
$-0.03

Balance Sheet & Financial Strength

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

Metric
LXP
LXP
RNGR
RNGR
Cash + ST InvestmentsLiquidity on hand
$170.4M
$10.3M
Total DebtLower is stronger
$1.4B
Stockholders' EquityBook value
$2.0B
$300.1M
Total Assets
$3.5B
$419.3M
Debt / EquityLower = less leverage
0.66×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LXP
LXP
RNGR
RNGR
Q4 25
$170.4M
$10.3M
Q3 25
$229.7M
$45.2M
Q2 25
$71.0M
$48.9M
Q1 25
$70.9M
$40.3M
Q4 24
$101.8M
$40.9M
Q3 24
$55.0M
$14.8M
Q2 24
$48.7M
$8.7M
Q1 24
$293.8M
$11.1M
Total Debt
LXP
LXP
RNGR
RNGR
Q4 25
$1.4B
Q3 25
$1.5B
Q2 25
$1.5B
Q1 25
$1.5B
Q4 24
$1.6B
$0
Q3 24
$0
Q2 24
$0
Q1 24
$0
Stockholders' Equity
LXP
LXP
RNGR
RNGR
Q4 25
$2.0B
$300.1M
Q3 25
$2.1B
$270.0M
Q2 25
$2.1B
$276.9M
Q1 25
$2.1B
$272.6M
Q4 24
$2.1B
$273.8M
Q3 24
$2.1B
$267.6M
Q2 24
$2.1B
$260.5M
Q1 24
$2.2B
$261.7M
Total Assets
LXP
LXP
RNGR
RNGR
Q4 25
$3.5B
$419.3M
Q3 25
$3.7B
$372.8M
Q2 25
$3.7B
$381.7M
Q1 25
$3.8B
$376.5M
Q4 24
$3.8B
$381.6M
Q3 24
$3.9B
$373.9M
Q2 24
$3.9B
$359.6M
Q1 24
$4.2B
$355.5M
Debt / Equity
LXP
LXP
RNGR
RNGR
Q4 25
0.66×
Q3 25
0.72×
Q2 25
0.72×
Q1 25
0.73×
Q4 24
0.75×
0.00×
Q3 24
0.00×
Q2 24
0.00×
Q1 24
0.00×

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
RNGR
RNGR
Operating Cash FlowLast quarter
$188.7M
$24.1M
Free Cash FlowOCF − Capex
$17.1M
FCF MarginFCF / Revenue
12.0%
Capex IntensityCapex / Revenue
4.9%
Cash ConversionOCF / Net Profit
6.56×
7.53×
TTM Free Cash FlowTrailing 4 quarters
$42.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LXP
LXP
RNGR
RNGR
Q4 25
$188.7M
$24.1M
Q3 25
$63.5M
$13.6M
Q2 25
$44.3M
$20.7M
Q1 25
$39.0M
$10.6M
Q4 24
$211.2M
$32.7M
Q3 24
$64.6M
$17.7M
Q2 24
$38.5M
$22.1M
Q1 24
$38.9M
$12.0M
Free Cash Flow
LXP
LXP
RNGR
RNGR
Q4 25
$17.1M
Q3 25
$8.0M
Q2 25
$14.4M
Q1 25
$3.4M
Q4 24
$27.3M
Q3 24
$10.8M
Q2 24
$6.8M
Q1 24
$5.5M
FCF Margin
LXP
LXP
RNGR
RNGR
Q4 25
12.0%
Q3 25
6.2%
Q2 25
10.2%
Q1 25
2.5%
Q4 24
19.1%
Q3 24
7.1%
Q2 24
4.9%
Q1 24
4.0%
Capex Intensity
LXP
LXP
RNGR
RNGR
Q4 25
4.9%
Q3 25
4.3%
Q2 25
4.5%
Q1 25
5.3%
Q4 24
3.8%
Q3 24
4.5%
Q2 24
11.1%
Q1 24
4.7%
Cash Conversion
LXP
LXP
RNGR
RNGR
Q4 25
6.56×
7.53×
Q3 25
1.75×
11.33×
Q2 25
1.52×
2.84×
Q1 25
2.05×
17.67×
Q4 24
5.64×
Q3 24
10.18×
2.03×
Q2 24
7.09×
4.70×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

LXP
LXP

Segment breakdown not available.

RNGR
RNGR

High Specification Rigs$92.3M65%
Processing Solutions And Ancillary Services$37.5M26%
Wireline Services$12.4M9%

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