← 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 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $398.1m |
$391.6m
-1.61%
|
$30.6m
-92.18%
|
$5.3m
-82.53%
|
$330.4m
+6080.06%
|
$344.0m
+4.10%
|
$321.2m
-6.61%
|
$340.5m
+5.99%
|
$358.5m
+5.27%
|
$350.2m
-2.30%
|
$347.7m
-0.72%
|
|
| 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 | — | |
| Total gross revenues | $429.5m | $391.6m | $395.3m | $326.0m | $330.4m | $344.0m | $321.2m | $340.5m | $358.5m | $350.2m | — | |
| Cost of Revenue | $353.9m |
$347.1m
-1.93%
|
$23.0m
-93.39%
|
$4.0m
-82.53%
|
$299.3m
+7364.22%
|
$307.2m
+2.62%
|
$281.6m
-8.33%
|
$4.7m
-98.33%
|
$3.1m
-34.66%
|
$3.1m
-0.41%
|
$256.1m
+8252.32%
|
|
| Gross Profit (Calculated) (derived) | $44.1m |
$44.5m
+0.88%
|
$7.7m
-82.82%
|
$1.3m
-82.53%
|
$31.1m
+2227.59%
|
$36.8m
+18.35%
|
$39.6m
+7.68%
|
($52.1m)
-231.43%
|
($56.4m)
-8.25%
|
($60.3m)
-6.91%
|
— | |
| General and Administrative Expense | $31.1m | $34.2m | $31.7m | $30.8m | $30.4m | $35.5m | $38.7m | $36.3m | $40.0m | $40.1m | $40.0m | |
| General and administrative | ($31.1m) | ($34.2m) | ($31.7m) | ($30.8m) | ($30.4m) | ($35.5m) | ($38.7m) | ($36.3m) | ($40.0m) | ($40.1m) | $40.0m | |
| Operating Lease, Lease Income | — | $391.6m | $395.3m | $320.6m | $325.8m | $339.9m | $314.0m | $334.2m | $354.4m | $346.1m | — | |
| Operating expenses: | ||||||||||||
| Interest Expense | $88.0m | $77.9m | $79.9m | $65.1m | $55.2m | $46.7m | $45.4m | $46.4m | — | — | $56.6m | |
| Deconsolidation, Revaluation of Retained Investment, Gain (Loss), Amount | — | — | — | — | — | — | — | — | $209k | $0 | — | |
| Gain (Loss) Related to Litigation Settlement | — | ($2.0m) | $0 | $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 | — | |
| Income (Loss) from Equity Method Investments | $7.6m | ($848k) | $1.7m | $2.9m | ($169k) | ($190k) | $16.0m | $1.4m | ($3.2m) | ($4.4m) | — | |
| Non-operating income | $13.0m | $10.4m | $3.5m | $2.3m | $743k | $1.4m | $935k | $3.0m | $7.7m | $2.8m | — | |
| Interest Expense (non-operating) | — | — | — | — | — | — | — | — | $66.5m | $62.9m | $56.6m | |
| 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 | — | |
| Benefit (provision) for income taxes | $1.4m | $1.9m | $1.7m | $1.4m | $1.6m | $1.3m | ($1.1m) | ($703k) | $127k | ($699k) | — | |
| Net Income (Loss) Attributable to Parent | $95.6m |
$85.6m
-10.50%
|
$227.4m
+165.72%
|
$279.9m
+23.08%
|
$183.3m
-34.51%
|
$382.6m
+108.75%
|
$113.8m
-70.26%
|
$30.4m
-73.30%
|
$44.5m
+46.58%
|
$113.2m
+154.10%
|
$58.2m
-48.60%
|
|
| Net Income (Loss) Available to Common Stockholders, Basic | $89.1m |
$79.1m
-11.27%
|
$220.8m
+179.30%
|
$273.2m
+23.72%
|
$176.8m
-35.30%
|
$375.8m
+112.60%
|
$107.3m
-71.45%
|
$23.9m
-77.76%
|
$37.9m
+58.92%
|
$106.5m
+180.76%
|
$58.2m
-45.37%
|
|
| 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 | $58.2m | |
| Allocation to participating securities | ($225k) | ($226k) | ($287k) | ($395k) | ($224k) | ($510k) | ($186k) | ($230k) | ($322k) | ($401k) | — | |
| Income (Loss) from Continuing Operations, Per Basic Share | $0 | $0 | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations, Per Diluted Share | $0 | $0 | — | — | — | — | — | — | — | — | — | |
| Earnings Per Share, Basic | $0.38 | $0.33 | $0.93 | $1.15 | $0.66 | $1.35 | $0.38 | $0.08 | $0.13 | $1.82 | $0.99 | |
| Earnings Per Share, Diluted | $0.37 | $0.33 | $0.93 | $1.15 | $0.66 | $1.34 | $0.38 | $0.08 | $0.13 | $1.82 | $0.99 | |
| Common Stock, Dividends, Per Share, Declared | $0.00 | $0.00 | $0.93 | $1.15 | $0.66 | $1.35 | $0.38 | $0.08 | $0.52 | $2.70 | — | |
| Dividends attributable to preferred shares - Series C | ($6) | ($6) | ($6) | ($6) | ($6) | ($6) | ($6) | ($6) | ($6) | ($6) | — | |
| 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 | 58.3m | |
| 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 | 58.4m | |
| Additional Financial Items | ||||||||||||
| Business Combination, Acquisition Related Costs | $836k | $2.2m | — | — | — | — | $4.2m | $4k | $498k | $178k | — | |
| Sales-type Lease, Selling Profit (Loss) | — | — | — | — | — | — | $47.1m | $0 | $0 | — | — | |
| 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) | — | |
| Interest and amortization expense | ($88.0m) | ($77.9m) | ($79.9m) | ($65.1m) | ($55.2m) | ($46.7m) | ($45.4m) | ($46.4m) | ($66.5m) | ($62.9m) | — | |
| Loss on debt satisfaction, net | ($975k) | $6.2m | ($2.6m) | ($4.5m) | $21.5m | ($13.9m) | ($119k) | ($132k) | $0 | ($11.8m) | — | |
| Transaction costs | — | — | — | — | ($255k) | ($432k) | ($4.2m) | ($4k) | ($498k) | ($178k) | — | |
| 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 change in control of a subsidiary | — | — | — | — | — | — | $0 | $0 | $209k | $0 | — | |
| 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) | $58.2m | |
| 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 | — | — | — | — | — | — | — | — | — |