REXR vs PLD vs LXP Stock Comparison

Rexford Industrial Realty, Prologis and LXP Industrial Trust Prices as of Oct 29, 2026 Peers: Industry group
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PLD Prologis, Inc.
$127.97 -3.5% 1M +3.6% 1Y
Market cap
$121.05B
P/E
28.4x
Revenue (TTM)
$9.36B
Div. yield
–
Industrial REITs Real Estate
6 wins
LXP LXP Industrial Trust
$61.17 +0.4% 1M +28.5% 1Y
Market cap
$3.56B
P/E
31.2x
Revenue (TTM)
$351.59M
Div. yield
–
Industrial REITs Real Estate
5 wins

Head to Head

11 decided of 12

Prologis leads on 6 of the 12 questions below (Prologis 6, LXP Industrial Trust 5). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionREXRPLDLXPLeader
Larger companyMarket capitalisation $8.46B $121.05B $3.56B PLD
Cheaper on earningsLower P/E, profitable companies only -17.9x 28.4x 31.2x PLD
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 35.9x 1,019x PLD
Faster revenue growthRevenue growth, trailing twelve months -2.0% +7.2% -3.5% PLD
More profitableNet margin, trailing twelve months -48.4% 45.4% 32.4% PLD
Better return on capitalReturn on invested capital — 5.0% 8.2% LXP
Less leveragedLower net debt / EBITDA — 4.3x 2.0x LXP
Higher dividend yieldTrailing dividend yield 0.05% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -7.5% +3.6% +28.5% LXP
Better 5-year returnAnnualised price return, 5 years -10.6%/yr -2.5%/yr -3.4%/yr PLD
Less volatileAnnualised volatility, 1 year 26.0% 20.5% 20.3% LXP
Higher overall scoreMean of the five percentile scores vs peers 49/100 49/100 54/100 LXP

Percentile Scorecard

REXRPLDLXP

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

AxisREXRPLDLXP
Valuation 37 #92 of 145 10 #131 of 145 40 #88 of 145
Growth 27 #105 of 143 62 #55 of 143 23 #111 of 143
Profitability 16 #115 of 136 76 #34 of 136 79 #29 of 136
Financial Health 93 #11 of 138 87 #19 of 138 92 #12 of 138
Shareholder Returns 72 #37 of 131 12 #116 of 131 35 #85 of 131
Overall 49 49 54
  • REXR ranked among 149 companies in Property REITs
  • PLD ranked among 149 companies in Property REITs
  • LXP ranked among 149 companies in Property REITs

Price Performance

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

Returns

PeriodREXRPLDLXPSPY
1 month +2.5%-3.5%+0.4% +0.7%
3 months -0.1%-12.5%+0.7% +3.7%
6 months +6.9%-9.9%+20.1% +7.1%
Year to date -1.0%+0.2%+23.4% +12.8%
1 year -7.5%+3.6%+28.5% +11.9%
3 years -9.5%+29.4%+55.8% +85.2%
3 years, per year -3.3%+9.0%+16.0% +22.8%
5 years -42.9%-11.7%-16.0% +67.6%
5 years, per year -10.6%-2.5%-3.4% +10.9%
10 years +83.2%+150.6%+23.2% +262.0%
10 years, per year +6.2%+9.6%+2.1% +13.7%

Risk

MeasureREXRPLDLXPSPY
Volatility, 1Y 26.0%20.5%20.3% 12.7%
Downside volatility, 1Y 23.3%20.6%22.9% 12.6%
Beta vs S&P 500, 1Y 0.440.380.30 1.00
Return / volatility, 1Y -0.290.181.40 0.94
Max drawdown, 5Y -62.4%-48.1%-55.0% -25.4%
From 52-week high -9.2%-14.6%0.0% -1.2%
52-week high $42.22$149.92$61.17 $779.14
52-week low $32.47$122.40$45.48 $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.

MultipleREXRPLDLXP
P/E now vs peer median -17.9xmedian 25.7x 28.4xmedian 25.7x 31.2xmedian 25.7x
P/S now vs peer median 8.4xmedian 4.1x 13.0xmedian 4.1x 10.3xmedian 4.1x
EV/EBITDA now vs peer median —median 14.3x 19.5xmedian 14.3x 10.3xmedian 14.3x
P/FCF now vs peer median 31.4xmedian 23.5x -166.1xmedian 23.5x -222.5xmedian 23.5x
P/B now vs peer median 1.1xmedian 1.3x 2.0xmedian 1.3x 1.8xmedian 1.3x
PEG now vs peer median 0.30median 1.86 2.45median 1.86 0.94median 1.86

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 monthsREXRPLDLXP
Revenue $977.78M $9.36B $351.59M
Gross profit – – $286.28M
Operating income – $5.13B $241.15M
Net income -$478.91M $4.53B $120.45M
Free cash flow $262.41M -$732.42M -$16.21M
EPS (diluted) $-2.15 $4.39 $1.94
Cash & equivalents $423.59M $2.27B $110.31M
Total debt $2.77B $36.83B $953.93M
Shares (diluted) 220.51M 968.51M 58.67M
Enterprise value $7.79B $115.01B $3.13B

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
MetricREXRPLDLXP
P/E -17.9x 28.4x 31.2x
P/FCF 31.4x -166.1x -222.5x
P/Operating cash flow 16.1x 21.9x 19.3x
P/S 8.4x 13.0x 10.3x
P/B 1.1x 2.0x 1.8x
P/Tangible book 1.1x 2.0x 1.8x
EV/EBITDA – 19.5x 10.3x
EV/EBIT – 30.4x 18.5x
EV/Revenue 10.8x 16.7x 12.7x
EV/FCF 40.3x -213.3x -274.5x
EV/Operating cash flow 20.7x 28.1x 23.8x
PEG (3Y EPS CAGR) 0.30 2.45 0.94

Growth

14 metrics
MetricREXRPLDLXP
Revenue growth (1Y) -2.0% 7.2% -3.5%
Revenue CAGR (3Y) 8.5% 5.9% 1.3%
Gross profit growth (1Y) – – -4.9%
Gross profit CAGR (3Y) – – 0.7%
Operating income growth (1Y) – 23.6% -7.8%
Operating income CAGR (3Y) – 11.7% -0.4%
Net income growth (1Y) -235.9% 32.3% -1.2%
Net income CAGR (3Y) -60.1% 12.3% 28.6%
EPS growth (1Y) -253.3% 31.3% 2.6%
EPS CAGR (3Y) -60.5% 11.6% 33.3%
Operating cash flow growth (1Y) -6.4% 7.0% -13.5%
Operating cash flow CAGR (3Y) 10.6% -0.2% -1.2%
Free cash flow growth (1Y) 15,260% -124.9% 51.5%
Free cash flow CAGR (3Y) 30.1% 32.0% -77.1%

Profitability

14 metrics
MetricREXRPLDLXP
Gross margin – – 81.4%
EBITDA margin – 85.6% 122.9%
Operating margin – 54.8% 68.6%
Pretax margin – 52.0% 36.1%
Net margin -48.4% 45.4% 32.4%
FCF margin 26.8% -7.8% -4.6%
Operating cash flow margin 52.3% 59.3% 53.1%
Return on equity -6.2% 7.6% 6.0%
Return on assets -4.3% 4.4% 3.5%
Return on invested capital – 5.0% 8.2%
Return on capital employed – – –
Asset turnover 0.1x 0.1x 0.1x
Cash conversion (OCF / net income) -1.1x 1.2x 1.6x
Stock comp / revenue 8.0% 2.2% –

Financial Health

11 metrics
MetricREXRPLDLXP
Debt / assets 25.7% 35.5% 27.2%
Debt / equity 0.4x 0.6x 0.5x
Net debt / EBITDA – 4.3x 2.0x
Debt / FCF 10.5x -50.3x -58.9x
Liabilities / assets 30.3% 41.9% 41.6%
Equity / assets 69.7% 58.1% 58.4%
Interest coverage – 4.8x 4.5x
Current ratio – – –
Quick ratio – – –
Cash ratio – – –
Altman Z-score – – –

Shareholder Returns

7 metrics
MetricREXRPLDLXP
Dividend yield 4.5% 3.3% 3.4%
Net buyback yield 8.6% – 0.5%
Shareholder yield 13.1% 3.3% 4.0%
Payout ratio (earnings) -82.5% – –
Payout ratio (FCF) 150.6% – –
Dividend growth (1Y) 1.6% – –
Dividend CAGR (3Y) 13.6% – –

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.

ConsensusREXRPLDLXP
Forward P/E – 35.9xFY2026 1,019xFY2026
EPS, next fiscal year $-1.33FY2026 $3.56FY2026 $0.06FY2026
EPS growth, next FY -254.7%FY2026 0.0%FY2026 -96.7%FY2026
EPS growth, the year after – +2.0% +816.7%
Revenue, next fiscal year $976.30MFY2026 $8.99BFY2026 $322.52MFY2026
Revenue growth, next FY -0.4%FY2026 +10.2%FY2026 -6.8%FY2026
Revenue growth, the year after -12.0% +1.3% +10.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersREXRPLDLXP
Held by institutions 100.0% 94.5% 95.2%
Institutions holding 421 1,725 317
Change in shares held, QoQ +1.3% +1.5% +1.6%
Institutions buying 193 969 152
Institutions selling 168 531 114
Buyers to sellers 1.15 1.82 1.33

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.

REXRPLDLXP
REXR 1.00 0.62 0.41
PLD 0.62 1.00 0.53
LXP 0.41 0.53 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, REXR, PLD and LXP?

Prologis (PLD) is the largest by market capitalisation: Rexford Industrial Realty (REXR) $8.46B, Prologis (PLD) $121.05B, LXP Industrial Trust (LXP) $3.56B.

Which stock is cheaper, REXR, PLD and LXP?

Prologis (PLD) trades on the lowest price-to-earnings ratio (Rexford Industrial Realty (REXR) -17.9x, Prologis (PLD) 28.4x, LXP Industrial Trust (LXP) 31.2x). On next year's consensus earnings, Prologis (PLD) is cheapest (Prologis (PLD) 35.9x, LXP Industrial Trust (LXP) 1,019x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Prologis (PLD) grew revenue fastest over the trailing twelve months: Rexford Industrial Realty (REXR) -2.0%, Prologis (PLD) +7.2%, LXP Industrial Trust (LXP) -3.5%.

Which company is more profitable?

Prologis (PLD) has the highest net margin (Rexford Industrial Realty (REXR) -48.4%, Prologis (PLD) 45.4%, LXP Industrial Trust (LXP) 32.4%). On return on invested capital, LXP Industrial Trust (LXP) leads (Prologis (PLD) 5.0%, LXP Industrial Trust (LXP) 8.2%).

Which stock has performed better?

Over the past year LXP Industrial Trust (LXP) returned the most: Rexford Industrial Realty (REXR) -7.5%, Prologis (PLD) +3.6%, LXP Industrial Trust (LXP) +28.5%. Over five years, Prologis (PLD) compounded fastest (Rexford Industrial Realty (REXR) -10.6%/yr, Prologis (PLD) -2.5%/yr, LXP Industrial Trust (LXP) -3.4%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Rexford Industrial Realty (REXR) 0.05%, Prologis (PLD) 0.00%, LXP Industrial Trust (LXP) 0.00%. Prologis (PLD) and LXP Industrial Trust (LXP) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, LXP Industrial Trust (LXP) has been the steadiest (Rexford Industrial Realty (REXR) 26.0%, Prologis (PLD) 20.5%, LXP Industrial Trust (LXP) 20.3%). Volatility measures how widely the price swings, not the risk of the business.

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

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Prologis (PLD) leads on 6. 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.