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Side-by-side financial comparison of LXP Industrial Trust (LXP) and Telesat Corp (TSAT). Click either name above to swap in a different company.
LXP Industrial Trust is the larger business by last-quarter revenue ($86.7M vs $73.8M, roughly 1.2× Telesat Corp). LXP Industrial Trust runs the higher net margin — 33.2% vs -119.8%, a 153.0% gap on every dollar of revenue. Over the past eight quarters, LXP Industrial Trust's revenue compounded faster (0.3% CAGR vs -64.0%).
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.
Telesat, formerly Telesat Canada, is a Canadian satellite communications company founded on May 2, 1969. The company is headquartered in Ottawa.
LXP vs TSAT — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $86.7M | $73.8M |
| Net Profit | $28.8M | $-88.4M |
| Gross Margin | 81.5% | 95.3% |
| Operating Margin | 34.6% | 5.9% |
| Net Margin | 33.2% | -119.8% |
| Revenue YoY | -14.0% | — |
| Net Profit YoY | — | — |
| EPS (diluted) | — | — |
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.
| Q4 25 | $86.7M | — | ||
| Q3 25 | $86.9M | $73.8M | ||
| Q2 25 | $87.7M | $77.5M | ||
| Q1 25 | $88.9M | $152.2M | ||
| Q4 24 | $100.9M | — | ||
| Q3 24 | $85.6M | — | ||
| Q2 24 | $85.8M | $363.2M | ||
| Q1 24 | $86.3M | — |
| Q4 25 | $28.8M | — | ||
| Q3 25 | $36.3M | $-88.4M | ||
| Q2 25 | $29.1M | $55.1M | ||
| Q1 25 | $19.0M | $-52.3M | ||
| Q4 24 | — | — | ||
| Q3 24 | $6.3M | — | ||
| Q2 24 | $5.4M | $547.4M | ||
| Q1 24 | $-269.0K | — |
| Q4 25 | 81.5% | — | ||
| Q3 25 | 82.3% | 95.3% | ||
| Q2 25 | 81.9% | 95.9% | ||
| Q1 25 | 80.7% | — | ||
| Q4 24 | 85.3% | — | ||
| Q3 24 | 82.5% | — | ||
| Q2 24 | 82.0% | — | ||
| Q1 24 | 82.4% | — |
| Q4 25 | 34.6% | — | ||
| Q3 25 | 50.4% | 5.9% | ||
| Q2 25 | 33.7% | 16.8% | ||
| Q1 25 | 21.8% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 7.9% | — | ||
| Q2 24 | 6.9% | — | ||
| Q1 24 | 1.0% | — |
| Q4 25 | 33.2% | — | ||
| Q3 25 | 41.7% | -119.8% | ||
| Q2 25 | 33.2% | 71.2% | ||
| Q1 25 | 21.4% | -34.4% | ||
| Q4 24 | — | — | ||
| Q3 24 | 7.4% | — | ||
| Q2 24 | 6.3% | 150.7% | ||
| Q1 24 | -0.3% | — |
| Q4 25 | — | — | ||
| Q3 25 | $0.12 | — | ||
| Q2 25 | $0.09 | — | ||
| Q1 25 | $0.06 | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $0.02 | — | ||
| Q2 24 | $0.01 | — | ||
| Q1 24 | $-0.01 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $170.4M | $352.3M |
| Total DebtLower is stronger | $1.4B | — |
| Stockholders' EquityBook value | $2.0B | $1.6B |
| Total Assets | $3.5B | $5.1B |
| Debt / EquityLower = less leverage | 0.66× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $170.4M | — | ||
| Q3 25 | $229.7M | $352.3M | ||
| Q2 25 | $71.0M | $399.6M | ||
| Q1 25 | $70.9M | $552.1M | ||
| Q4 24 | $101.8M | — | ||
| Q3 24 | $55.0M | — | ||
| Q2 24 | $48.7M | $1.7B | ||
| Q1 24 | $293.8M | — |
| 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 | — | — |
| Q4 25 | $2.0B | — | ||
| Q3 25 | $2.1B | $1.6B | ||
| Q2 25 | $2.1B | $1.7B | ||
| Q1 25 | $2.1B | $2.5B | ||
| Q4 24 | $2.1B | — | ||
| Q3 24 | $2.1B | — | ||
| Q2 24 | $2.1B | $2.4B | ||
| Q1 24 | $2.2B | — |
| Q4 25 | $3.5B | — | ||
| Q3 25 | $3.7B | $5.1B | ||
| Q2 25 | $3.7B | $4.9B | ||
| Q1 25 | $3.8B | $6.9B | ||
| Q4 24 | $3.8B | — | ||
| Q3 24 | $3.9B | — | ||
| Q2 24 | $3.9B | $6.3B | ||
| Q1 24 | $4.2B | — |
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $188.7M | — |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | 6.56× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $188.7M | — | ||
| Q3 25 | $63.5M | — | ||
| Q2 25 | $44.3M | — | ||
| Q1 25 | $39.0M | — | ||
| Q4 24 | $211.2M | — | ||
| Q3 24 | $64.6M | — | ||
| Q2 24 | $38.5M | — | ||
| Q1 24 | $38.9M | — |
| 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.
