Filing Flows › LXP Industrial Trust (LXP) › Q1 2025
LXP Industrial Trust (LXP) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 1, 2025
LXP Industrial Trust (LXP) reported revenue of $88.9M for the first quarter 2025 (Q1 2025), +3% from a year earlier and -12% from the quarter before. Operating margin was 20.7%, net earnings $19.0M (21.4% of revenue).
LXP Industrial Trust, Q1 2025: revenue $88.9M (+3% year over year), operating margin 20.7%, net earnings $19.0M, operating cash flow $39.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $88.9M | -12% | +3% |
| Operating profit | $18.4M | -44% | — |
| Net earnings | $19.0M | -43% | — |
| Operating cash flow | $39.0M | -44% | +0.2% |
| Free cash flow | $31.8M | -36% | +116% |
What changed
Revenue was $88.9M in Q1 2025, up 3% year over year and down 12% from the previous quarter.
Operating profit was $18.4M, a 20.7% margin (up 21.2 points year over year). Total costs fell 19% while revenue rose 3%. The fastest-growing cost line was Cost of revenue (+13%). Net earnings were $19.0M ($18.2M including minority interests, which bore $816K of losses). The effective tax rate was 1.2%.
Operating cash flow was $39.0M (roughly flat year over year), 215% of net income including minority interests. Non-cash charges added back $50.5M of depreciation and amortization. Working capital and other items used $29.7M. Capital expenditures of $7.2M left free cash flow of $31.8M.
Questions
What was LXP Industrial Trust's revenue in the first quarter 2025?
LXP Industrial Trust (LXP) reported revenue of $88.9M for the first quarter 2025 (Q1 2025), +3% from a year earlier and -12% from the quarter before.
Was LXP Industrial Trust profitable in the first quarter 2025?
Operating profit was $18.4M (20.7% of revenue) and net earnings $19.0M.