← LXP Industrial Trust

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $398.1m $391.6m $30.6m $5.3m $330.4m $344.0m $321.2m $6.3m $4.1m $4.1m
Revenues:
Cost of Revenue $353.9m $347.1m $23.0m $4.0m $299.3m $307.2m $281.6m $4.7m $3.1m $3.1m
Gross Profit (Calculated) (derived) $44.1m $44.5m $7.7m $1.3m $31.1m $36.8m $39.6m ($52.1m) ($56.4m) ($60.3m)
Operating expenses:
Additional Financial Items
Income (Loss) from Equity Method Investments $7.6m ($848k) $1.7m $2.9m ($169k) ($190k) $16.0m $1.4m ($3.2m) ($4.4m)
Operating Lease, Lease Income — $391.6m $395.3m $320.6m $325.8m $339.9m $314.0m $334.2m $354.4m $346.1m
Deconsolidation, Revaluation of Retained Investment, Gain (Loss), Amount — — — — — — — — $209k $0
Gain (Loss) Related to Litigation Settlement — ($2.0m) $0 $0 — — — — — —
Income (Loss) from Continuing Operations, Per Basic Share $0 $0 — — — — — — — —
Income (Loss) from Continuing Operations, Per Diluted Share $0 $0 — — — — — — — —
Lease Income — $391.6m $395.3m $320.6m $325.8m $339.9m $314.0m $334.2m $354.4m $346.1m
Sales-type Lease, Selling Profit (Loss) — — — — — — $47.1m $0 $0 —
Rental revenue — $391.6m $395.3m $320.6m $325.8m $339.9m $314.0m $334.2m $354.4m $346.1m
Other revenue $31.4m $31.8m $30.6m $5.3m $4.6m $4.1m $7.3m $6.3m $4.1m $4.1m
Depreciation and amortization ($166.0m) ($174.0m) ($168.2m) ($147.6m) ($161.6m) ($176.7m) ($180.6m) ($183.5m) ($192.9m) ($196.6m)
Property operating ($47.4m) ($49.2m) ($42.7m) ($42.0m) ($41.9m) ($47.7m) ($54.9m) ($58.4m) ($60.5m) ($64.4m)
General and administrative ($31.1m) ($34.2m) ($31.7m) ($30.8m) ($30.4m) ($35.5m) ($38.7m) ($36.3m) ($40.0m) ($40.1m)
Non-operating income $13.0m $10.4m $3.5m $2.3m $743k $1.4m $935k $3.0m $7.7m $2.8m
Loss on debt satisfaction, net ($975k) $6.2m ($2.6m) ($4.5m) $21.5m ($13.9m) ($119k) ($132k) $0 ($11.8m)
Impairment charges $0 — ($95.8m) ($5.3m) ($14.5m) ($5.5m) ($3.0m) ($16.5m) $0 $0
Change in allowance for credit loss — — — — $0 $0 ($93k) $32k $61k $0
Gain on sale or disposal of, and recovery on, real estate, net — — $252.9m $250.9m $139.0m $367.3m $59.1m $33.0m $39.8m $145.6m
Gain on change in control of a subsidiary — — — — — — $0 $0 $209k $0
Benefit (provision) for income taxes — — — — — — ($1.1m) ($703k) $127k ($699k)
Equity in (earnings) losses of non-consolidated entities $7.6m ($848k) $1.7m $2.9m ($169k) ($190k) $16.0m $1.4m ($3.2m) ($4.4m)
Net (income) loss attributable to noncontrolling interests ($826k) ($1.0m) ($3.5m) ($5.4m) ($3.1m) ($2.4m) ($2.5m) ($5.5m) $1.7m ($4.5m)
Dividends attributable to preferred shares - Series C ($6) ($6) ($6) ($6) ($6) ($6) ($6) ($6) ($6) ($6)
Allocation to participating securities ($225k) ($226k) ($287k) ($395k) ($224k) ($510k) ($186k) ($230k) ($322k) ($401k)
Total gross revenues $429.5m $391.6m $395.3m $326.0m $330.4m $344.0m $321.2m $340.5m $358.5m $350.2m
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $96.5m $86.6m $230.9m $285.3m $186.4m $385.1m $116.2m $35.9m $42.8m $117.6m
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $0 $0 — — — — — — — —
Income before benefit (provision) for income taxes and equity in income (losses) of non-consolidated entities $90.3m $89.4m $230.9m $283.8m $188.1m $386.6m $101.3m $35.3m $45.9m $122.7m
Net Income (Loss) Attributable to Parent $95.6m $85.6m $227.4m $279.9m $183.3m $382.6m $113.8m $30.4m $44.5m $113.2m
Net Income (Loss) Available to Common Stockholders, Basic $89.1m $79.1m $220.8m $273.2m $176.8m $375.8m $107.3m $23.9m $37.9m $106.5m
Net Income (Loss) Attributable to Noncontrolling Interest $826k $1.0m $3.5m $5.4m $3.1m $2.4m $2.5m $5.5m ($1.7m) $4.5m
Earnings Per Share, Basic $0.38 $0.33 $0.93 $1.15 $0.66 $1.35 $0.38 $0.08 $0.13 $1.82
Earnings Per Share, Diluted $0.37 $0.33 $0.93 $1.15 $0.66 $1.34 $0.38 $0.08 $0.13 $1.82
Common Stock, Dividends, Per Share, Declared $0.38 $0.33 $0.93 $1.15 $0.66 $1.35 $0.38 $0.08 $0.52 $2.70
Weighted Average Number of Shares Outstanding, Basic 233.6m 237.8m 236.7m 237.6m 266.9m 277.6m 279.9m 290.2m 291.5m 58.4m
Weighted-average common shares outstanding - basic (in shares) 233.6m 237.8m 236.7m 237.6m 266.9m 277.6m 279.9m 290.2m 291.5m 58.4m
Weighted-average common shares outstanding - diluted (in shares) 237.7m 241.5m 240.8m 237.9m 268.2m 287.4m 282.5m 291.2m 291.6m 58.6m
Weighted Average Number of Shares Outstanding, Diluted 237.7m 241.5m 240.8m 237.9m 268.2m 287.4m 282.5m 291.2m 291.6m 58.6m
General and Administrative Expense $31.1m $34.2m $31.7m $30.8m $30.4m $35.5m $38.7m $36.3m $40.0m $40.1m
Business Combination, Acquisition Related Costs $836k $2.2m — — — — $4.2m $4k $498k $178k
Interest and amortization expense ($88.0m) ($77.9m) ($79.9m) ($65.1m) ($55.2m) ($46.7m) ($45.4m) ($46.4m) ($66.5m) ($62.9m)
Transaction costs — — — — ($255k) ($432k) ($4.2m) ($4k) ($498k) ($178k)
Interest Expense (non-operating) — — — — — — — — $66.5m $62.9m
Interest Expense $88.0m $77.9m $79.9m $65.1m $55.2m $46.7m $45.4m $46.4m — —
Income Tax Expense (Benefit) $1.4m $1.9m $1.7m $1.4m $1.6m $1.3m $1.1m $703k ($127k) $163k

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.