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LXP Industrial Trust LXP Phoenix, Arizona — Number of joint ventures, development commenced construction

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Other financials

Income statement

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Revenue$88.1M+0.4%
Gross profit$71.9M+0.1%
Net income$55.0K-99.8%
EPS (diluted)-$0.03-133%

Balance sheet

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Cash & equivalents$18.2M-74.5%
Total debt$1.4B-9.0%
Total equity$1.9B-5.6%
Total assets$3.5B-6.8%

Cash flow

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Operating cash flow$48.7M+10.0%

Valuation

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Market cap$3.57B+49.8%
Enterprise value$4.92B+28.9%
P/E55×+27.8×
P/S10.3×+3.7×

Profitability

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Gross margin81.5%-1.2pp
Net margin18.7%-5.4pp
FCF margin52.9%

Returns & leverage

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Return on equity3.2%-0.9pp
Debt / equity0.7×0.0×

Where this comes from

Reported directly by LXP Industrial Trust in its filing.

Tagged under the XBRL concept lxp:NumberOfJointVentureInterestsConstructionOfDevelopmentProjectCommenced.

The source filing: LXP Industrial Trust’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 11:07 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000910108-26-000045

Of the three joint ventures, one joint venture commenced construction of a development project on a portion of its land parcels in Phoenix, AZ during the first quarter of 2026, one joint venture owns three properties that were substantially completed and placed into service, and one joint venture continues to hold land for future development. As of June 30, 2026, the Company concluded that it is the primary beneficiary of each of these VIEs and, accordingly, has consolidated those entities in the Company's unaudited Condensed Consolidated Financial Statements.

Item 1. Financial Statement

FAQ

What is LXP Industrial Trust's phoenix, arizona — number of joint ventures, development commenced construction?
LXP Industrial Trust (LXP) reported phoenix, arizona — number of joint ventures, development commenced construction of 1 in Q2 2026.
What does phoenix, arizona — number of joint ventures, development commenced construction mean?
This metric tracks the count of new real estate development projects initiated within the Phoenix, Arizona market through joint venture partnerships. It serves as a key indicator of the company's capital allocation strategy and growth activity in this specific geographic region. Monitoring this figure helps investors assess the scale of development pipeline expansion and the company's reliance on collaborative investment structures to manage regional market exposure.

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