Highwoods Properties (HIW) vs LXP Industrial (LXP)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
LXP Industrial (LXP) has outperformed Highwoods Properties (HIW) over the past year, gaining 31.7% versus a loss of 7.6%. Over five years, LXP leads with a -15.4% price change compared with -36.9% for HIW. LXP Industrial is the larger company by market cap ($3.60 billion vs $3.28 billion), about 1.1 times the size.
On valuation, Highwoods Properties trades at a lower trailing P/E (19.3x vs 60.4x for LXP Industrial). Highwoods Properties offers the higher dividend yield (6.85% vs 4.55%). LXP Industrial converts more of its revenue into profit, with a net margin of 32.3% versus 20.2%.
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 | HIW | LXP |
|---|---|---|
| Share price | $29.18 | $61.01 |
| Market cap | $3.28B | $3.60B |
| 1-day change | -0.68% | +0.08% |
| YTD return | +13.01% | +22.95% |
| 1-year return | -7.60% | +31.66% |
| 5-year return | -36.89% | -15.39% |
| P/E ratio (TTM) | 19.32 | 60.41 |
| Forward P/E | 41.69 | — |
| EPS (TTM) | $1.51 | $1.01 |
| Dividend yield | 6.85% | 4.55% |
| Annual dividend | $2.00 | $2.78 |
| Revenue (latest FY) | $806.11M | $350.23M |
| Revenue growth (YoY) | -2.39% | -2.30% |
| Net income (latest FY) | $162.65M | $113.16M |
| Gross margin | — | 81.61% |
| Operating margin | 67.58% | — |
| Net margin | 20.18% | 32.31% |
| 52-week high | $35.44 | $61.61 |
| 52-week low | $20.45 | $44.00 |
| Distance from 52-week high | -17.66% | -0.97% |
| Analyst consensus | none | buy |
| Avg. price target upside | +10.80% | -2.90% |
| Average volume | 1.24M | 831.35K |
| Shares outstanding | 110.31M | 58.96M |
| Employees | 315 | 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
- LXP has outperformed HIW by 39.3 percentage points over the past year.
- LXP Industrial trades at a higher earnings multiple (60.4x vs 19.3x trailing P/E).
- Highwoods Properties offers a meaningfully higher dividend yield (6.85% vs 4.55%).
- LXP Industrial is more profitable, keeping 32.3 cents of every revenue dollar as net income versus 20.2 cents for Highwoods Properties.
About Highwoods Properties
HIW stock →Highwoods Properties, Inc. is a publicly traded fully integrated office real estate investment trust that owns, develops, acquires, leases and manages properties primarily in the best business districts (BBDs) of Atlanta, Charlotte, Dallas, Nashville, Orlando, Raleigh, Richmond and Tampa.
Real Estate · Real Estate Investment Trusts · 315 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
HIW vs LXP FAQ
Which is bigger, Highwoods Properties or LXP Industrial?
LXP Industrial (LXP) is larger, with a market capitalization of $3.60B compared with $3.28B for Highwoods Properties (HIW).
Which stock has performed better over the past year, HIW or LXP?
LXP returned +31.66% over the past 12 months, compared with -7.60% for HIW (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, HIW or LXP?
HIW has the lower trailing P/E at 19.3, 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, Highwoods Properties or LXP Industrial?
Highwoods Properties has the higher yield at 6.85%, compared with 4.55% for LXP Industrial.
Are Highwoods Properties and LXP Industrial in the same industry?
Yes. Both are classified in the Real Estate Investment Trusts industry within the Real Estate sector.