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

Shimmick Corp is the larger business by last-quarter revenue ($141.9M vs $86.7M, roughly 1.6× LXP Industrial Trust). LXP Industrial Trust runs the higher net margin — 33.2% vs -3.1%, a 36.3% gap on every dollar of revenue. Over the past eight quarters, LXP Industrial Trust's revenue compounded faster (0.3% CAGR vs -10.1%).

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.

Shimmick Corp is a U.S.-based heavy civil construction firm specializing in building and upgrading critical public infrastructure, including water facilities, transportation systems, dams, and environmental remediation projects. It primarily serves federal, state, and local government clients across North America, delivering complex large-scale construction solutions for public sector segments.

LXP vs SHIM — Head-to-Head

Bigger by revenue
SHIM
SHIM
1.6× larger
SHIM
$141.9M
$86.7M
LXP
Higher net margin
LXP
LXP
36.3% more per $
LXP
33.2%
-3.1%
SHIM
Faster 2-yr revenue CAGR
LXP
LXP
Annualised
LXP
0.3%
-10.1%
SHIM

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
LXP
LXP
SHIM
SHIM
Revenue
$86.7M
$141.9M
Net Profit
$28.8M
$-4.4M
Gross Margin
81.5%
7.6%
Operating Margin
34.6%
-2.2%
Net Margin
33.2%
-3.1%
Revenue YoY
-14.0%
Net Profit YoY
EPS (diluted)
$-0.12

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
SHIM
SHIM
Q4 25
$86.7M
$141.9M
Q3 25
$86.9M
$128.4M
Q2 25
$87.7M
$122.1M
Q1 25
$88.9M
$103.6M
Q4 24
$100.9M
Q3 24
$85.6M
$166.0M
Q2 24
$85.8M
$90.6M
Q1 24
$86.3M
$120.0M
Net Profit
LXP
LXP
SHIM
SHIM
Q4 25
$28.8M
$-4.4M
Q3 25
$36.3M
$-8.5M
Q2 25
$29.1M
$-9.8M
Q1 25
$19.0M
$-38.5M
Q4 24
Q3 24
$6.3M
$-1.6M
Q2 24
$5.4M
$-51.4M
Q1 24
$-269.0K
$-33.3M
Gross Margin
LXP
LXP
SHIM
SHIM
Q4 25
81.5%
7.6%
Q3 25
82.3%
6.3%
Q2 25
81.9%
3.8%
Q1 25
80.7%
-20.1%
Q4 24
85.3%
Q3 24
82.5%
7.3%
Q2 24
82.0%
-34.4%
Q1 24
82.4%
-13.2%
Operating Margin
LXP
LXP
SHIM
SHIM
Q4 25
34.6%
-2.2%
Q3 25
50.4%
-5.5%
Q2 25
33.7%
-7.3%
Q1 25
21.8%
-39.3%
Q4 24
Q3 24
7.9%
0.7%
Q2 24
6.9%
-53.0%
Q1 24
1.0%
-26.5%
Net Margin
LXP
LXP
SHIM
SHIM
Q4 25
33.2%
-3.1%
Q3 25
41.7%
-6.6%
Q2 25
33.2%
-8.0%
Q1 25
21.4%
-37.1%
Q4 24
Q3 24
7.4%
-0.9%
Q2 24
6.3%
-56.7%
Q1 24
-0.3%
-27.8%
EPS (diluted)
LXP
LXP
SHIM
SHIM
Q4 25
$-0.12
Q3 25
$0.12
$-0.25
Q2 25
$0.09
$-0.28
Q1 25
$0.06
$-0.92
Q4 24
Q3 24
$0.02
$-0.05
Q2 24
$0.01
$-1.83
Q1 24
$-0.01
$-1.30

Balance Sheet & Financial Strength

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

Metric
LXP
LXP
SHIM
SHIM
Cash + ST InvestmentsLiquidity on hand
$170.4M
$17.6M
Total DebtLower is stronger
$1.4B
$57.5M
Stockholders' EquityBook value
$2.0B
$-52.7M
Total Assets
$3.5B
$218.5M
Debt / EquityLower = less leverage
0.66×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LXP
LXP
SHIM
SHIM
Q4 25
$170.4M
$17.6M
Q3 25
$229.7M
$21.4M
Q2 25
$71.0M
$16.3M
Q1 25
$70.9M
$33.7M
Q4 24
$101.8M
Q3 24
$55.0M
$26.0M
Q2 24
$48.7M
$22.4M
Q1 24
$293.8M
$27.3M
Total Debt
LXP
LXP
SHIM
SHIM
Q4 25
$1.4B
$57.5M
Q3 25
$1.5B
$36.4M
Q2 25
$1.5B
$31.4M
Q1 25
$1.5B
$9.5M
Q4 24
$1.6B
Q3 24
$39.9M
Q2 24
Q1 24
$31.5M
Stockholders' Equity
LXP
LXP
SHIM
SHIM
Q4 25
$2.0B
$-52.7M
Q3 25
$2.1B
$-49.5M
Q2 25
$2.1B
$-42.6M
Q1 25
$2.1B
$-34.7M
Q4 24
$2.1B
Q3 24
$2.1B
$973.0K
Q2 24
$2.1B
$436.0K
Q1 24
$2.2B
$38.1M
Total Assets
LXP
LXP
SHIM
SHIM
Q4 25
$3.5B
$218.5M
Q3 25
$3.7B
$203.0M
Q2 25
$3.7B
$227.7M
Q1 25
$3.8B
$233.9M
Q4 24
$3.8B
Q3 24
$3.9B
$346.7M
Q2 24
$3.9B
$344.5M
Q1 24
$4.2B
$378.0M
Debt / Equity
LXP
LXP
SHIM
SHIM
Q4 25
0.66×
Q3 25
0.72×
Q2 25
0.72×
Q1 25
0.73×
Q4 24
0.75×
Q3 24
41.01×
Q2 24
Q1 24
0.83×

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
SHIM
SHIM
Operating Cash FlowLast quarter
$188.7M
$-23.7M
Free Cash FlowOCF − Capex
$-28.7M
FCF MarginFCF / Revenue
-20.2%
Capex IntensityCapex / Revenue
3.5%
Cash ConversionOCF / Net Profit
6.56×
TTM Free Cash FlowTrailing 4 quarters
$-27.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LXP
LXP
SHIM
SHIM
Q4 25
$188.7M
$-23.7M
Q3 25
$63.5M
$-3.8M
Q2 25
$44.3M
$-38.2M
Q1 25
$39.0M
$44.9M
Q4 24
$211.2M
Q3 24
$64.6M
$12.7M
Q2 24
$38.5M
$-43.9M
Q1 24
$38.9M
$-35.0M
Free Cash Flow
LXP
LXP
SHIM
SHIM
Q4 25
$-28.7M
Q3 25
$-4.2M
Q2 25
$-38.7M
Q1 25
$44.4M
Q4 24
Q3 24
$10.3M
Q2 24
$-46.8M
Q1 24
$-39.6M
FCF Margin
LXP
LXP
SHIM
SHIM
Q4 25
-20.2%
Q3 25
-3.2%
Q2 25
-31.7%
Q1 25
42.9%
Q4 24
Q3 24
6.2%
Q2 24
-51.7%
Q1 24
-33.0%
Capex Intensity
LXP
LXP
SHIM
SHIM
Q4 25
3.5%
Q3 25
0.3%
Q2 25
0.4%
Q1 25
0.5%
Q4 24
Q3 24
1.4%
Q2 24
3.3%
Q1 24
3.8%
Cash Conversion
LXP
LXP
SHIM
SHIM
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.

Revenue Breakdown by Segment

LXP
LXP

Segment breakdown not available.

SHIM
SHIM

Shimmick Projects$106.8M75%
Non Core Projects$35.1M25%

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