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LXP Industrial Trust LXP Phoenix, AZ — Land held for development

Other geography segments

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$5.88M+0.3%
Atlanta, GA
$1.73M0.0%

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INVHPhoenix — Land
$432.58M-0.3%
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INVHPhoenix — SEC Schedule III Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Land
$0
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PSAPhoenix — Initial Cost, Land
$108.05M0.0%
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PSAPhoenix — Gross Carrying Amount, Land
$108.04M0.0%
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DLRPhoenix — Real Estate And Accumulated Depreciation Carrying Amount Of Land
$11.86M0.0%
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XHRPhoenix, AZ — Revenues:
$43.27M+33.0%

Other financials

Income statement

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Revenue$85.9M-3.3%
Gross profit$69.2M-3.5%
Net income-$239.0K-101%
EPS (diluted)-$0.03-110%

Balance sheet

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Cash & equivalents$130.3M+83.0%
Total debt$1.4B-11.6%
Total equity$2.0B-4.2%
Total assets$3.5B-7.8%

Cash flow

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Operating cash flow$37.5M-3.9%

Valuation

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Market cap$3.2B+6.8%
Enterprise value$4.43B-1.6%
P/E34.1×-12.9×
P/S9.2×+0.9×

Profitability

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Gross margin81.6%-1.1pp
Net margin27%+9.4pp
FCF margin52.8%

Returns & leverage

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Return on equity4.6%+1.6pp
Debt / equity0.7×-0.1×

Where this comes from

Reported directly by LXP Industrial Trust in its filing.

Tagged under the XBRL concept us-gaap:InventoryLandHeldForDevelopmentAndSale.

The official record: LXP Industrial Trust’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is LXP Industrial Trust's phoenix, AZ — land held for development?
LXP Industrial Trust (LXP) reported phoenix, AZ — land held for development of $57.45M in Q1 2026.
How has LXP Industrial Trust's phoenix, AZ — land held for development changed year-over-year?
LXP Industrial Trust's phoenix, AZ — land held for development decreased by 23.7% year-over-year, from $75.33M to $57.45M.
What is the long-term trend for LXP Industrial Trust's phoenix, AZ — land held for development?
Over 3 years (2022 to 2025), LXP Industrial Trust's phoenix, AZ — land held for development has grown at a -7.5% compound annual growth rate (CAGR), from $381.07M to $301.7M.
What does phoenix, AZ — land held for development mean?
The value or quantity of land parcels held by the company in the Phoenix, Arizona market specifically earmarked for future construction or development projects. This represents the company's pipeline for organic growth and future asset expansion.