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

TOYO Co., Ltd is the larger business by last-quarter revenue ($139.1M vs $86.7M, roughly 1.6× LXP Industrial Trust). LXP Industrial Trust runs the higher net margin — 33.2% vs 2.5%, a 30.7% gap on every dollar of revenue. On growth, TOYO Co., Ltd posted the faster year-over-year revenue change (0.7% 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.

Toyo Tire Corporation , commonly known as Toyo Tires, is a multinational tire and rubber products company based in Itami, Japan. The company owns and operates eight factories in Asia, North America, and Europe and distributes tires and automotive components through fourteen sales companies throughout the world.

LXP vs TOYO — Head-to-Head

Bigger by revenue
TOYO
TOYO
1.6× larger
TOYO
$139.1M
$86.7M
LXP
Growing faster (revenue YoY)
TOYO
TOYO
+14.7% gap
TOYO
0.7%
-14.0%
LXP
Higher net margin
LXP
LXP
30.7% more per $
LXP
33.2%
2.5%
TOYO

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
LXP
LXP
TOYO
TOYO
Revenue
$86.7M
$139.1M
Net Profit
$28.8M
$3.5M
Gross Margin
81.5%
16.6%
Operating Margin
34.6%
7.0%
Net Margin
33.2%
2.5%
Revenue YoY
-14.0%
0.7%
Net Profit YoY
-82.3%
EPS (diluted)
$0.10

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
TOYO
TOYO
Q4 25
$86.7M
Q3 25
$86.9M
Q2 25
$87.7M
$139.1M
Q1 25
$88.9M
Q4 24
$100.9M
Q3 24
$85.6M
Q2 24
$85.8M
$138.1M
Q1 24
$86.3M
Net Profit
LXP
LXP
TOYO
TOYO
Q4 25
$28.8M
Q3 25
$36.3M
Q2 25
$29.1M
$3.5M
Q1 25
$19.0M
Q4 24
Q3 24
$6.3M
Q2 24
$5.4M
$19.6M
Q1 24
$-269.0K
Gross Margin
LXP
LXP
TOYO
TOYO
Q4 25
81.5%
Q3 25
82.3%
Q2 25
81.9%
16.6%
Q1 25
80.7%
Q4 24
85.3%
Q3 24
82.5%
Q2 24
82.0%
19.3%
Q1 24
82.4%
Operating Margin
LXP
LXP
TOYO
TOYO
Q4 25
34.6%
Q3 25
50.4%
Q2 25
33.7%
7.0%
Q1 25
21.8%
Q4 24
Q3 24
7.9%
Q2 24
6.9%
16.3%
Q1 24
1.0%
Net Margin
LXP
LXP
TOYO
TOYO
Q4 25
33.2%
Q3 25
41.7%
Q2 25
33.2%
2.5%
Q1 25
21.4%
Q4 24
Q3 24
7.4%
Q2 24
6.3%
14.2%
Q1 24
-0.3%
EPS (diluted)
LXP
LXP
TOYO
TOYO
Q4 25
Q3 25
$0.12
Q2 25
$0.09
$0.10
Q1 25
$0.06
Q4 24
Q3 24
$0.02
Q2 24
$0.01
$0.48
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
TOYO
TOYO
Cash + ST InvestmentsLiquidity on hand
$170.4M
Total DebtLower is stronger
$1.4B
$13.7M
Stockholders' EquityBook value
$2.0B
$67.0M
Total Assets
$3.5B
$353.6M
Debt / EquityLower = less leverage
0.66×
0.20×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LXP
LXP
TOYO
TOYO
Q4 25
$170.4M
Q3 25
$229.7M
Q2 25
$71.0M
Q1 25
$70.9M
Q4 24
$101.8M
Q3 24
$55.0M
Q2 24
$48.7M
Q1 24
$293.8M
Total Debt
LXP
LXP
TOYO
TOYO
Q4 25
$1.4B
Q3 25
$1.5B
Q2 25
$1.5B
$13.7M
Q1 25
$1.5B
Q4 24
$1.6B
Q3 24
Q2 24
$22.4M
Q1 24
Stockholders' Equity
LXP
LXP
TOYO
TOYO
Q4 25
$2.0B
Q3 25
$2.1B
Q2 25
$2.1B
$67.0M
Q1 25
$2.1B
Q4 24
$2.1B
Q3 24
$2.1B
Q2 24
$2.1B
$73.4M
Q1 24
$2.2B
Total Assets
LXP
LXP
TOYO
TOYO
Q4 25
$3.5B
Q3 25
$3.7B
Q2 25
$3.7B
$353.6M
Q1 25
$3.8B
Q4 24
$3.8B
Q3 24
$3.9B
Q2 24
$3.9B
$241.4M
Q1 24
$4.2B
Debt / Equity
LXP
LXP
TOYO
TOYO
Q4 25
0.66×
Q3 25
0.72×
Q2 25
0.72×
0.20×
Q1 25
0.73×
Q4 24
0.75×
Q3 24
Q2 24
0.31×
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
TOYO
TOYO
Operating Cash FlowLast quarter
$188.7M
$40.0M
Free Cash FlowOCF − Capex
$-7.1M
FCF MarginFCF / Revenue
-5.1%
Capex IntensityCapex / Revenue
33.9%
Cash ConversionOCF / Net Profit
6.56×
11.55×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LXP
LXP
TOYO
TOYO
Q4 25
$188.7M
Q3 25
$63.5M
Q2 25
$44.3M
$40.0M
Q1 25
$39.0M
Q4 24
$211.2M
Q3 24
$64.6M
Q2 24
$38.5M
$21.8M
Q1 24
$38.9M
Free Cash Flow
LXP
LXP
TOYO
TOYO
Q4 25
Q3 25
Q2 25
$-7.1M
Q1 25
Q4 24
Q3 24
Q2 24
$5.2M
Q1 24
FCF Margin
LXP
LXP
TOYO
TOYO
Q4 25
Q3 25
Q2 25
-5.1%
Q1 25
Q4 24
Q3 24
Q2 24
3.8%
Q1 24
Capex Intensity
LXP
LXP
TOYO
TOYO
Q4 25
Q3 25
Q2 25
33.9%
Q1 25
Q4 24
Q3 24
Q2 24
12.0%
Q1 24
Cash Conversion
LXP
LXP
TOYO
TOYO
Q4 25
6.56×
Q3 25
1.75×
Q2 25
1.52×
11.55×
Q1 25
2.05×
Q4 24
Q3 24
10.18×
Q2 24
7.09×
1.11×
Q1 24

Financial Flow Comparison

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

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