Lxp Industrial Trust (LXP) intrinsic value & 10-year financials
Lxp Industrial Trust (LXP) has a Graham intrinsic value of $38.47 per share. At $61.06 on Oct 17, 2026, the stock trades 59% above that value. Over the last 10 fiscal years revenue shrank 20.3% a year to $4.1M, with an average return on invested capital of 8.8%.
- Graham intrinsic value
- $38.47
- Share price (Oct 17, 2026)
- $61.06
- Price vs Graham value
- 59% above
- Market cap
- $3.6B
- Revenue (FY2025)
- $4.1M
- Revenue growth (10-yr CAGR)
- -20.3%
- ROIC (10-yr avg)
- 8.8%
- Free cash flow (FY2025)
- —
LXP 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $4.1M | $113.2M | $1.82 | — | — | 3.3% |
| FY2024 | $4.1M | $44.5M | $0.13 | — | — | 1.2% |
| FY2023 | $6.3M | $30.4M | $0.08 | — | — | 1.3% |
| FY2022 | $7.3M | $113.8M | $0.38 | — | — | 4.9% |
| FY2021 | $4.1M | $382.6M | $1.34 | — | — | 18.0% |
| FY2020 | $330.4M | $183.3M | $0.66 | — | — | 10.0% |
| FY2019 | $5.3M | $279.9M | $1.15 | — | — | 18.4% |
| FY2018 | $30.6M | $227.4M | $0.93 | $202.3M | — | 17.1% |
| FY2017 | $31.8M | $85.6M | $0.33 | $212.6M | — | 6.3% |
| FY2016 | $31.4M | $95.6M | $0.37 | $230.9M | — | 6.9% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
LXP Industrial Trust is facing top-line stagnation, with revenue contracting over the decade.
LXP Industrial Trust returns on capital have been average, hovering around 8.7% ROIC over the decade.
Over the decade, LXP Industrial Trust shows that management has aggressively returned capital to shareholders by retiring 75.4% of outstanding shares.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, LXP Industrial Trust is modeled at 8.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $38.47 per share.