First Industrial Realty (FR) vs LXP Industrial (LXP)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
LXP Industrial (LXP) has outperformed First Industrial Realty (FR) over the past year, gaining 31.7% versus a gain of 12.6%. Over five years, FR leads with a +2.7% price change compared with -15.4% for LXP. First Industrial Realty is the larger company by market cap ($7.97 billion vs $3.59 billion), about 2.2 times the size.
On valuation, First Industrial Realty trades at a lower trailing P/E (21.5x vs 60.4x for LXP Industrial). LXP Industrial offers the higher dividend yield (4.55% vs 3.25%). First Industrial Realty converts more of its revenue into profit, with a net margin of 34.0% versus 32.3%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | FR | LXP |
|---|---|---|
| Share price | $58.18 | $60.96 |
| Market cap | $7.97B | $3.59B |
| 1-day change | -1.82% | +0.02% |
| YTD return | +1.59% | +22.95% |
| 1-year return | +12.62% | +31.66% |
| 5-year return | +2.72% | -15.39% |
| P/E ratio (TTM) | 21.55 | 60.36 |
| Forward P/E | 30.86 | — |
| EPS (TTM) | $2.70 | $1.01 |
| Dividend yield | 3.25% | 4.55% |
| Annual dividend | $1.89 | $2.78 |
| Revenue (latest FY) | $727.08M | $350.23M |
| Revenue growth (YoY) | +8.58% | -2.30% |
| Net income (latest FY) | $247.44M | $113.16M |
| Gross margin | — | 81.61% |
| Net margin | 34.03% | 32.31% |
| 52-week high | $69.88 | $61.61 |
| 52-week low | $50.24 | $44.00 |
| Distance from 52-week high | -16.74% | -1.06% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +24.18% | -2.82% |
| Average volume | 1.03M | 823.59K |
| Shares outstanding | 132.57M | 58.96M |
| Employees | 151 | 58 |
| Sector | Real Estate | Real Estate |
| Industry | Real Estate Investment Trusts | Real Estate Investment Trusts |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- First Industrial Realty is about 2.2 times larger than LXP Industrial by market value ($7.97B vs $3.59B).
- LXP has outperformed FR by 19.0 percentage points over the past year.
- LXP Industrial trades at a higher earnings multiple (60.4x vs 21.5x trailing P/E).
- LXP Industrial offers a meaningfully higher dividend yield (4.55% vs 3.25%).
- First Industrial Realty grew revenue faster in its latest fiscal year (+8.58% vs -2.30%).
About First Industrial Realty
FR stock →First Industrial Realty Trust, Inc. is a leading U.S.-only owner, operator, developer and acquirer of logistics properties.
Real Estate · Real Estate Investment Trusts · 151 employees
About LXP Industrial
LXP stock →LXP Industrial Trust is a publicly traded real estate investment trust (REIT) focused on Class A warehouse and distribution investments in 12 target markets across the Sunbelt and lower Midwest. LXP seeks to expand its warehouse and distribution portfolio through acquisitions, build-to-suit transactions, sale-leaseback transactions, development projects and other transactions.
Real Estate · Real Estate Investment Trusts · 58 employees
FR vs LXP FAQ
Which is bigger, First Industrial Realty or LXP Industrial?
First Industrial Realty (FR) is larger, with a market capitalization of $7.97B compared with $3.59B for LXP Industrial (LXP).
Which stock has performed better over the past year, FR or LXP?
LXP returned +31.66% over the past 12 months, compared with +12.62% for FR (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, FR or LXP?
FR has the lower trailing P/E at 21.5, versus 60.4 for LXP. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, First Industrial Realty or LXP Industrial?
LXP Industrial has the higher yield at 4.55%, compared with 3.25% for First Industrial Realty.
Are First Industrial Realty and LXP Industrial in the same industry?
Yes. Both are classified in the Real Estate Investment Trusts industry within the Real Estate sector.