LXP vs PLD vs FR Stock Comparison

LXP Industrial Trust, Prologis and First Industrial Realty Trust Prices as of Oct 27, 2026 Peers: Industry group
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LXP LXP Industrial Trust
$61.15 +0.4% 1M +28.5% 1Y
Market cap
$3.61B
P/E
31.2x
Revenue (TTM)
$351.59M
Div. yield
3.43%
Industrial REITs Real Estate
2 wins
PLD Prologis, Inc.
$126.47 -4.9% 1M -0.5% 1Y
Market cap
$118.00B
P/E
28.1x
Revenue (TTM)
$9.19B
Div. yield
3.34%
Industrial REITs Real Estate
1 win

Head to Head

12 decided of 12

First Industrial Realty Trust leads on 9 of the 12 questions below (First Industrial Realty Trust 9, LXP Industrial Trust 2, Prologis 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionLXPPLDFRLeader
Larger companyMarket capitalisation $3.61B $118.00B $7.31B PLD
Cheaper on earningsLower P/E, profitable companies only 31.2x 28.1x 20.1x FR
Cheaper on forward earningsLower price / next fiscal year consensus EPS 1,019x 35.5x 20.9x FR
Faster revenue growthRevenue growth, trailing twelve months -3.5% +7.3% +8.4% FR
More profitableNet margin, trailing twelve months 32.4% 45.7% 47.9% FR
Better return on capitalReturn on invested capital 8.2% 5.0% 8.2% FR
Less leveragedLower net debt / EBITDA 2.0x 4.4x 2.5x LXP
Higher dividend yieldTrailing dividend yield 3.43% 3.34% 3.53% FR
Better 1-year returnPrice return, last 12 months +28.5% -0.5% -2.5% LXP
Better 5-year returnAnnualised price return, 5 years -3.7%/yr -2.9%/yr -1.3%/yr FR
Less volatileAnnualised volatility, 1 year 20.3% 20.5% 20.1% FR
Higher overall scoreMean of the five percentile scores vs peers 54/100 49/100 70/100 FR

Percentile Scorecard

LXPPLDFR

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisLXPPLDFR
Valuation 40 #87 of 145 8 #133 of 145 17 #120 of 145
Growth 24 #108 of 141 59 #59 of 141 77 #33 of 141
Profitability 79 #29 of 134 77 #31 of 134 92 #12 of 134
Financial Health 93 #11 of 138 85 #21 of 138 87 #19 of 138
Shareholder Returns 34 #87 of 131 14 #113 of 131 75 #34 of 131
Overall 54 49 70
  • LXP ranked among 149 companies in Property REITs
  • PLD ranked among 149 companies in Property REITs
  • FR ranked among 149 companies in Property REITs

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodLXPPLDFRSPY
1 month +0.4%-4.9%-10.0% -0.2%
3 months +0.5%-14.0%-16.7% +3.9%
6 months +19.9%-10.6%-11.7% +8.2%
Year to date +23.3%-0.9%-3.7% +12.9%
1 year +28.5%-0.5%-2.5% +12.3%
3 years +56.2%+30.0%+35.8% +87.4%
3 years, per year +16.0%+9.1%+10.7% +23.3%
5 years -17.3%-13.8%-6.5% +67.9%
5 years, per year -3.7%-2.9%-1.3% +10.9%
10 years +23.7%+148.0%+111.8% +261.1%
10 years, per year +2.1%+9.5%+7.8% +13.7%

Risk

MeasureLXPPLDFRSPY
Volatility, 1Y 20.3%20.5%20.1% 12.7%
Downside volatility, 1Y 22.9%20.7%21.4% 12.7%
Beta vs S&P 500, 1Y 0.300.390.44 1.00
Return / volatility, 1Y 1.40-0.02-0.12 0.97
Max drawdown, 5Y -55.0%-48.1%-38.9% -25.4%
From 52-week high 0.0%-15.6%-19.8% -1.2%
52-week high $61.15$149.92$68.83 $779.14
52-week low $45.48$122.40$54.43 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleLXPPLDFR
P/E now vs peer median 31.2xmedian 26.3x 28.1xmedian 26.3x 20.1xmedian 26.3x
P/S now vs peer median 10.3xmedian 4.0x 12.8xmedian 4.0x 9.6xmedian 4.0x
EV/EBITDA now vs peer median 10.3xmedian 14.4x 19.4xmedian 14.4x 15.5xmedian 14.4x
P/FCF now vs peer median -222.4xmedian 23.3x -256.8xmedian 23.3x -91.3xmedian 23.3x
P/B now vs peer median 1.8xmedian 1.3x 2.0xmedian 1.3x 2.5xmedian 1.3x
PEG now vs peer median 0.94median 1.91 3.34median 1.91 4.24median 1.91

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsLXPPLDFR
Revenue $351.59M $9.19B $759.61M
Gross profit $286.28M – –
Operating income $241.15M $5.03B –
Net income $120.45M $4.47B $381.93M
Free cash flow -$16.21M -$459.56M -$80.09M
EPS (diluted) $1.94 $4.39 $2.74
Cash & equivalents $110.31M $1.77B $46.05M
Total debt $953.93M $36.44B $1.44B
Shares (diluted) 58.67M 957.88M 132.67M
Enterprise value $3.18B $117.43B $7.21B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricLXPPLDFR
P/E 31.2x 28.1x 20.1x
P/FCF -222.4x -256.8x -91.3x
P/Operating cash flow 19.3x 22.5x 16.3x
P/S 10.3x 12.8x 9.6x
P/B 1.8x 2.0x 2.5x
P/Tangible book 1.8x 2.0x 2.5x
EV/EBITDA 10.3x 19.4x 15.5x
EV/EBIT 18.4x 30.4x 24.0x
EV/Revenue 12.7x 16.6x 11.5x
EV/FCF -274.5x -332.2x -108.7x
EV/Operating cash flow 23.8x 29.1x 19.4x
PEG (3Y EPS CAGR) 0.94 3.34 4.24

Growth

14 metrics
MetricLXPPLDFR
Revenue growth (1Y) -3.5% 7.3% 8.4%
Revenue CAGR (3Y) 1.3% 6.0% 9.0%
Gross profit growth (1Y) -4.9% – –
Gross profit CAGR (3Y) 0.7% – –
Operating income growth (1Y) -7.8% 12.7% –
Operating income CAGR (3Y) -0.4% 10.6% –
Net income growth (1Y) -1.2% 21.9% 35.3%
Net income CAGR (3Y) 28.6% 8.9% 5.2%
EPS growth (1Y) 2.6% 21.8% 34.3%
EPS CAGR (3Y) 33.3% 8.4% 4.7%
Operating cash flow growth (1Y) -13.5% 1.3% 13.3%
Operating cash flow CAGR (3Y) -1.2% 2.9% 13.4%
Free cash flow growth (1Y) 51.5% -130.1% -25.1%
Free cash flow CAGR (3Y) -77.1% 47.6% 38.7%

Profitability

14 metrics
MetricLXPPLDFR
Gross margin 81.4% – –
EBITDA margin 122.9% 85.4% 74.2%
Operating margin 68.6% 54.7% –
Pretax margin 36.1% 51.9% 47.7%
Net margin 32.4% 45.7% 47.9%
FCF margin -4.6% -5.0% -10.5%
Operating cash flow margin 53.1% 57.0% 59.2%
Return on equity 6.0% 7.7% 13.4%
Return on assets 3.5% 4.5% 6.6%
Return on invested capital 8.2% 5.0% 8.2%
Return on capital employed – – –
Asset turnover 0.1x 0.1x 0.1x
Cash conversion (OCF / net income) 1.6x 1.2x 1.2x
Stock comp / revenue – 2.2% –

Financial Health

11 metrics
MetricLXPPLDFR
Debt / assets 27.2% 36.1% 24.9%
Debt / equity 0.5x 0.6x 0.5x
Net debt / EBITDA 2.0x 4.4x 2.5x
Debt / FCF -58.9x -79.3x -18.0x
Liabilities / assets 41.6% 42.5% 50.4%
Equity / assets 58.4% 57.5% 49.6%
Interest coverage 4.5x 4.8x 787.6x
Current ratio – – –
Quick ratio – – –
Cash ratio – – –
Altman Z-score – – –

Shareholder Returns

7 metrics
MetricLXPPLDFR
Dividend yield 3.4% 3.3% 3.5%
Net buyback yield 0.5% – –
Shareholder yield 4.0% 3.3% 3.5%
Payout ratio (earnings) – – 65.2%
Payout ratio (FCF) – – -311.1%
Dividend growth (1Y) – – 18.3%
Dividend CAGR (3Y) – – 15.4%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusLXPPLDFR
Forward P/E 1,019xFY2026 35.5xFY2026 20.9xFY2026
EPS, next fiscal year $0.06FY2026 $3.56FY2026 $2.64FY2026
EPS growth, next FY -96.7%FY2026 0.0%FY2026 +41.2%FY2026
EPS growth, the year after +816.7% +2.0% -25.8%
Revenue, next fiscal year $322.52MFY2026 $8.99BFY2026 $812.16MFY2026
Revenue growth, next FY -6.8%FY2026 +10.2%FY2026 +11.7%FY2026
Revenue growth, the year after +10.0% +1.3% +9.4%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersLXPPLDFR
Held by institutions 95.2% 94.5% 100.0%
Institutions holding 317 1,724 487
Change in shares held, QoQ +1.6% +1.5% +5.0%
Institutions buying 152 968 260
Institutions selling 114 531 145
Buyers to sellers 1.33 1.82 1.79

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

LXPPLDFR
LXP 1.00 0.53 0.56
PLD 0.53 1.00 0.74
FR 0.56 0.74 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, LXP, PLD and FR?

Prologis (PLD) is the largest by market capitalisation: LXP Industrial Trust (LXP) $3.61B, Prologis (PLD) $118.00B, First Industrial Realty Trust (FR) $7.31B.

Which stock is cheaper, LXP, PLD and FR?

First Industrial Realty Trust (FR) trades on the lowest price-to-earnings ratio (LXP Industrial Trust (LXP) 31.2x, Prologis (PLD) 28.1x, First Industrial Realty Trust (FR) 20.1x). On next year's consensus earnings, First Industrial Realty Trust (FR) is cheapest (LXP Industrial Trust (LXP) 1,019x, Prologis (PLD) 35.5x, First Industrial Realty Trust (FR) 20.9x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

First Industrial Realty Trust (FR) grew revenue fastest over the trailing twelve months: LXP Industrial Trust (LXP) -3.5%, Prologis (PLD) +7.3%, First Industrial Realty Trust (FR) +8.4%.

Which company is more profitable?

First Industrial Realty Trust (FR) has the highest net margin (LXP Industrial Trust (LXP) 32.4%, Prologis (PLD) 45.7%, First Industrial Realty Trust (FR) 47.9%). On return on invested capital, First Industrial Realty Trust (FR) leads (LXP Industrial Trust (LXP) 8.2%, Prologis (PLD) 5.0%, First Industrial Realty Trust (FR) 8.2%).

Which stock has performed better?

Over the past year LXP Industrial Trust (LXP) returned the most: LXP Industrial Trust (LXP) +28.5%, Prologis (PLD) -0.5%, First Industrial Realty Trust (FR) -2.5%. Over five years, First Industrial Realty Trust (FR) compounded fastest (LXP Industrial Trust (LXP) -3.7%/yr, Prologis (PLD) -2.9%/yr, First Industrial Realty Trust (FR) -1.3%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

First Industrial Realty Trust (FR) has the highest dividend yield: LXP Industrial Trust (LXP) 3.43%, Prologis (PLD) 3.34%, First Industrial Realty Trust (FR) 3.53%.

Which stock is riskier?

By one-year price volatility, First Industrial Realty Trust (FR) has been the steadiest (LXP Industrial Trust (LXP) 20.3%, Prologis (PLD) 20.5%, First Industrial Realty Trust (FR) 20.1%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, LXP, PLD and FR?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, First Industrial Realty Trust (FR) leads on 9. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.