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Side-by-side financial comparison of LXP Industrial Trust (LXP) and STRATTEC SECURITY CORP (STRT). Click either name above to swap in a different company.

STRATTEC SECURITY CORP is the larger business by last-quarter revenue ($137.5M vs $86.7M, roughly 1.6× LXP Industrial Trust). LXP Industrial Trust runs the higher net margin — 33.2% vs 3.6%, a 29.6% gap on every dollar of revenue. On growth, STRATTEC SECURITY CORP posted the faster year-over-year revenue change (5.9% vs -14.0%). Over the past eight quarters, STRATTEC SECURITY CORP's revenue compounded faster (7.7% 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.

STRATTEC Security Corp designs, manufactures and markets mechanical and electronic security access products, including automotive locks, keys, passive entry systems, and trunk release mechanisms. It primarily serves global automotive original equipment manufacturers, heavy-duty vehicle makers, and the automotive aftermarket across North America, Europe and Asia Pacific.

LXP vs STRT — Head-to-Head

Bigger by revenue
STRT
STRT
1.6× larger
STRT
$137.5M
$86.7M
LXP
Growing faster (revenue YoY)
STRT
STRT
+19.8% gap
STRT
5.9%
-14.0%
LXP
Higher net margin
LXP
LXP
29.6% more per $
LXP
33.2%
3.6%
STRT
Faster 2-yr revenue CAGR
STRT
STRT
Annualised
STRT
7.7%
0.3%
LXP

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
LXP
LXP
STRT
STRT
Revenue
$86.7M
$137.5M
Net Profit
$28.8M
$4.9M
Gross Margin
81.5%
16.5%
Operating Margin
34.6%
3.5%
Net Margin
33.2%
3.6%
Revenue YoY
-14.0%
5.9%
Net Profit YoY
275.1%
EPS (diluted)
$1.20

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
STRT
STRT
Q4 25
$86.7M
$137.5M
Q3 25
$86.9M
$152.4M
Q2 25
$87.7M
$152.0M
Q1 25
$88.9M
$144.1M
Q4 24
$100.9M
$129.9M
Q3 24
$85.6M
$139.1M
Q2 24
$85.8M
Q1 24
$86.3M
$140.8M
Net Profit
LXP
LXP
STRT
STRT
Q4 25
$28.8M
$4.9M
Q3 25
$36.3M
$8.5M
Q2 25
$29.1M
$8.3M
Q1 25
$19.0M
$5.4M
Q4 24
$1.3M
Q3 24
$6.3M
$3.7M
Q2 24
$5.4M
Q1 24
$-269.0K
$1.5M
Gross Margin
LXP
LXP
STRT
STRT
Q4 25
81.5%
16.5%
Q3 25
82.3%
17.3%
Q2 25
81.9%
16.7%
Q1 25
80.7%
16.0%
Q4 24
85.3%
13.2%
Q3 24
82.5%
13.6%
Q2 24
82.0%
Q1 24
82.4%
10.4%
Operating Margin
LXP
LXP
STRT
STRT
Q4 25
34.6%
3.5%
Q3 25
50.4%
6.9%
Q2 25
33.7%
5.6%
Q1 25
21.8%
4.9%
Q4 24
1.6%
Q3 24
7.9%
3.6%
Q2 24
6.9%
Q1 24
1.0%
1.4%
Net Margin
LXP
LXP
STRT
STRT
Q4 25
33.2%
3.6%
Q3 25
41.7%
5.6%
Q2 25
33.2%
5.4%
Q1 25
21.4%
3.7%
Q4 24
1.0%
Q3 24
7.4%
2.7%
Q2 24
6.3%
Q1 24
-0.3%
1.1%
EPS (diluted)
LXP
LXP
STRT
STRT
Q4 25
$1.20
Q3 25
$0.12
$2.07
Q2 25
$0.09
$2.02
Q1 25
$0.06
$1.32
Q4 24
$0.32
Q3 24
$0.02
$0.92
Q2 24
$0.01
Q1 24
$-0.01
$0.37

Balance Sheet & Financial Strength

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

Metric
LXP
LXP
STRT
STRT
Cash + ST InvestmentsLiquidity on hand
$170.4M
$99.0M
Total DebtLower is stronger
$1.4B
Stockholders' EquityBook value
$2.0B
$236.8M
Total Assets
$3.5B
$392.2M
Debt / EquityLower = less leverage
0.66×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LXP
LXP
STRT
STRT
Q4 25
$170.4M
$99.0M
Q3 25
$229.7M
$90.5M
Q2 25
$71.0M
$84.6M
Q1 25
$70.9M
$62.1M
Q4 24
$101.8M
$42.6M
Q3 24
$55.0M
$34.4M
Q2 24
$48.7M
Q1 24
$293.8M
$9.6M
Total Debt
LXP
LXP
STRT
STRT
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
STRT
STRT
Q4 25
$2.0B
$236.8M
Q3 25
$2.1B
$230.5M
Q2 25
$2.1B
$221.6M
Q1 25
$2.1B
$210.7M
Q4 24
$2.1B
$204.5M
Q3 24
$2.1B
$203.0M
Q2 24
$2.1B
Q1 24
$2.2B
$193.8M
Total Assets
LXP
LXP
STRT
STRT
Q4 25
$3.5B
$392.2M
Q3 25
$3.7B
$390.1M
Q2 25
$3.7B
$391.5M
Q1 25
$3.8B
$387.4M
Q4 24
$3.8B
$355.9M
Q3 24
$3.9B
$366.9M
Q2 24
$3.9B
Q1 24
$4.2B
$348.5M
Debt / Equity
LXP
LXP
STRT
STRT
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
STRT
STRT
Operating Cash FlowLast quarter
$188.7M
$13.9M
Free Cash FlowOCF − Capex
$11.3M
FCF MarginFCF / Revenue
8.2%
Capex IntensityCapex / Revenue
1.9%
Cash ConversionOCF / Net Profit
6.56×
2.81×
TTM Free Cash FlowTrailing 4 quarters
$67.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LXP
LXP
STRT
STRT
Q4 25
$188.7M
$13.9M
Q3 25
$63.5M
$11.3M
Q2 25
$44.3M
$30.2M
Q1 25
$39.0M
$20.7M
Q4 24
$211.2M
$9.4M
Q3 24
$64.6M
$11.3M
Q2 24
$38.5M
Q1 24
$38.9M
$-309.0K
Free Cash Flow
LXP
LXP
STRT
STRT
Q4 25
$11.3M
Q3 25
$9.8M
Q2 25
$27.2M
Q1 25
$19.6M
Q4 24
$8.5M
Q3 24
$9.3M
Q2 24
Q1 24
$-2.0M
FCF Margin
LXP
LXP
STRT
STRT
Q4 25
8.2%
Q3 25
6.4%
Q2 25
17.9%
Q1 25
13.6%
Q4 24
6.6%
Q3 24
6.7%
Q2 24
Q1 24
-1.4%
Capex Intensity
LXP
LXP
STRT
STRT
Q4 25
1.9%
Q3 25
1.0%
Q2 25
2.0%
Q1 25
0.8%
Q4 24
0.7%
Q3 24
1.5%
Q2 24
Q1 24
1.2%
Cash Conversion
LXP
LXP
STRT
STRT
Q4 25
6.56×
2.81×
Q3 25
1.75×
1.33×
Q2 25
1.52×
3.65×
Q1 25
2.05×
3.84×
Q4 24
7.16×
Q3 24
10.18×
3.06×
Q2 24
7.09×
Q1 24
-0.21×

Financial Flow Comparison

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

Revenue Breakdown by Segment

LXP
LXP

Segment breakdown not available.

STRT
STRT

Door Handles And Exterior Trim$35.0M25%
Power Access Solutions$34.5M25%
Keys And Locksets$26.8M19%
Latches$16.3M12%
User Interface Controls$12.5M9%
Aftermarket And Service$9.4M7%
Other Product$3.1M2%
Related Party$1.3M1%

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