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

Sweetgreen, Inc. is the larger business by last-quarter revenue ($155.2M vs $86.7M, roughly 1.8× LXP Industrial Trust). LXP Industrial Trust runs the higher net margin — 33.2% vs -32.0%, a 65.2% gap on every dollar of revenue. On growth, Sweetgreen, Inc. posted the faster year-over-year revenue change (-3.5% vs -14.0%). Over the past eight quarters, LXP Industrial Trust's revenue compounded faster (0.3% CAGR vs -0.8%).

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.

Sweetgreen is an American fast casual restaurant chain that serves salads. It was founded in November 2006 by Nicolas Jammet, Nathaniel Ru, and Jonathan Neman. In August 2007, they opened their first store in Washington, D.C., three months after they graduated from the McDonough School of Business at Georgetown University.

LXP vs SG — Head-to-Head

Bigger by revenue
SG
SG
1.8× larger
SG
$155.2M
$86.7M
LXP
Growing faster (revenue YoY)
SG
SG
+10.4% gap
SG
-3.5%
-14.0%
LXP
Higher net margin
LXP
LXP
65.2% more per $
LXP
33.2%
-32.0%
SG
Faster 2-yr revenue CAGR
LXP
LXP
Annualised
LXP
0.3%
-0.8%
SG

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
LXP
LXP
SG
SG
Revenue
$86.7M
$155.2M
Net Profit
$28.8M
$-49.7M
Gross Margin
81.5%
Operating Margin
34.6%
-31.0%
Net Margin
33.2%
-32.0%
Revenue YoY
-14.0%
-3.5%
Net Profit YoY
-71.3%
EPS (diluted)
$-0.42

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
SG
SG
Q4 25
$86.7M
$155.2M
Q3 25
$86.9M
$172.4M
Q2 25
$87.7M
$185.6M
Q1 25
$88.9M
$166.3M
Q4 24
$100.9M
$160.9M
Q3 24
$85.6M
$173.4M
Q2 24
$85.8M
$184.6M
Q1 24
$86.3M
$157.8M
Net Profit
LXP
LXP
SG
SG
Q4 25
$28.8M
$-49.7M
Q3 25
$36.3M
$-36.1M
Q2 25
$29.1M
$-23.2M
Q1 25
$19.0M
$-25.0M
Q4 24
$-29.0M
Q3 24
$6.3M
$-20.8M
Q2 24
$5.4M
$-14.5M
Q1 24
$-269.0K
$-26.1M
Gross Margin
LXP
LXP
SG
SG
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
SG
SG
Q4 25
34.6%
-31.0%
Q3 25
50.4%
-21.0%
Q2 25
33.7%
-14.2%
Q1 25
21.8%
-17.2%
Q4 24
-19.5%
Q3 24
7.9%
-12.2%
Q2 24
6.9%
-8.8%
Q1 24
1.0%
-17.1%
Net Margin
LXP
LXP
SG
SG
Q4 25
33.2%
-32.0%
Q3 25
41.7%
-21.0%
Q2 25
33.2%
-12.5%
Q1 25
21.4%
-15.1%
Q4 24
-18.0%
Q3 24
7.4%
-12.0%
Q2 24
6.3%
-7.8%
Q1 24
-0.3%
-16.5%
EPS (diluted)
LXP
LXP
SG
SG
Q4 25
$-0.42
Q3 25
$0.12
$-0.31
Q2 25
$0.09
$-0.20
Q1 25
$0.06
$-0.21
Q4 24
$-0.25
Q3 24
$0.02
$-0.18
Q2 24
$0.01
$-0.13
Q1 24
$-0.01
$-0.23

Balance Sheet & Financial Strength

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

Metric
LXP
LXP
SG
SG
Cash + ST InvestmentsLiquidity on hand
$170.4M
$89.2M
Total DebtLower is stronger
$1.4B
Stockholders' EquityBook value
$2.0B
$356.1M
Total Assets
$3.5B
$788.1M
Debt / EquityLower = less leverage
0.66×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LXP
LXP
SG
SG
Q4 25
$170.4M
$89.2M
Q3 25
$229.7M
$130.0M
Q2 25
$71.0M
$168.5M
Q1 25
$70.9M
$183.9M
Q4 24
$101.8M
$214.8M
Q3 24
$55.0M
$234.6M
Q2 24
$48.7M
$244.6M
Q1 24
$293.8M
$243.8M
Total Debt
LXP
LXP
SG
SG
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
SG
SG
Q4 25
$2.0B
$356.1M
Q3 25
$2.1B
$393.3M
Q2 25
$2.1B
$423.3M
Q1 25
$2.1B
$432.8M
Q4 24
$2.1B
$446.1M
Q3 24
$2.1B
$463.3M
Q2 24
$2.1B
$470.1M
Q1 24
$2.2B
$470.3M
Total Assets
LXP
LXP
SG
SG
Q4 25
$3.5B
$788.1M
Q3 25
$3.7B
$824.8M
Q2 25
$3.7B
$831.9M
Q1 25
$3.8B
$834.3M
Q4 24
$3.8B
$856.8M
Q3 24
$3.9B
$858.0M
Q2 24
$3.9B
$859.2M
Q1 24
$4.2B
$842.7M
Debt / Equity
LXP
LXP
SG
SG
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
SG
SG
Operating Cash FlowLast quarter
$188.7M
$-8.7M
Free Cash FlowOCF − Capex
$-39.0M
FCF MarginFCF / Revenue
-25.1%
Capex IntensityCapex / Revenue
19.6%
Cash ConversionOCF / Net Profit
6.56×
TTM Free Cash FlowTrailing 4 quarters
$-119.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LXP
LXP
SG
SG
Q4 25
$188.7M
$-8.7M
Q3 25
$63.5M
$-1.4M
Q2 25
$44.3M
$10.5M
Q1 25
$39.0M
$-13.1M
Q4 24
$211.2M
$6.1M
Q3 24
$64.6M
$14.7M
Q2 24
$38.5M
$19.1M
Q1 24
$38.9M
$3.4M
Free Cash Flow
LXP
LXP
SG
SG
Q4 25
$-39.0M
Q3 25
$-37.2M
Q2 25
$-13.1M
Q1 25
$-29.9M
Q4 24
$-20.6M
Q3 24
$-10.3M
Q2 24
$-156.0K
Q1 24
$-10.0M
FCF Margin
LXP
LXP
SG
SG
Q4 25
-25.1%
Q3 25
-21.6%
Q2 25
-7.1%
Q1 25
-18.0%
Q4 24
-12.8%
Q3 24
-6.0%
Q2 24
-0.1%
Q1 24
-6.3%
Capex Intensity
LXP
LXP
SG
SG
Q4 25
19.6%
Q3 25
20.8%
Q2 25
12.7%
Q1 25
10.1%
Q4 24
16.6%
Q3 24
14.4%
Q2 24
10.4%
Q1 24
8.5%
Cash Conversion
LXP
LXP
SG
SG
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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