Independence Realty (IRT) 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 Independence Realty (IRT) over the past year, gaining 31.7% versus a loss of 11.0%. Over five years, LXP leads with a -15.4% price change compared with -32.2% for IRT. LXP Industrial is the larger company by market cap ($3.59 billion vs $3.47 billion), about 1.0 times the size, while Independence Realty is growing revenue faster (+2.8% vs -2.3%).
On valuation, LXP Industrial trades at a lower trailing P/E (60.4x vs 79.7x for Independence Realty). Independence Realty offers the higher dividend yield (4.81% vs 4.55%). LXP Industrial converts more of its revenue into profit, with a net margin of 32.3% versus 8.6%.
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 | IRT | LXP |
|---|---|---|
| Share price | $14.36 | $60.98 |
| Market cap | $3.47B | $3.59B |
| 1-day change | -0.73% | +0.02% |
| YTD return | -17.39% | +22.95% |
| 1-year return | -11.03% | +31.66% |
| 5-year return | -32.24% | -15.39% |
| P/E ratio (TTM) | 79.75 | 60.37 |
| Forward P/E | 179.44 | — |
| EPS (TTM) | $0.18 | $1.01 |
| Dividend yield | 4.81% | 4.55% |
| Annual dividend | $0.69 | $2.78 |
| Revenue (latest FY) | $657.70M | $350.23M |
| Revenue growth (YoY) | +2.76% | -2.30% |
| Net income (latest FY) | $56.56M | $113.16M |
| Gross margin | — | 81.61% |
| Net margin | 8.60% | 32.31% |
| 52-week high | $17.79 | $61.61 |
| 52-week low | $14.33 | $44.00 |
| Distance from 52-week high | -19.31% | -1.03% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +34.24% | -2.85% |
| Average volume | 3.16M | 826.25K |
| Shares outstanding | 235.74M | 58.96M |
| Employees | 904 | 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 IRT by 42.7 percentage points over the past year.
- Independence Realty trades at a higher earnings multiple (79.7x vs 60.4x trailing P/E).
- LXP Industrial is more profitable, keeping 32.3 cents of every revenue dollar as net income versus 8.6 cents for Independence Realty.
- Independence Realty grew revenue faster in its latest fiscal year (+2.76% vs -2.30%).
About Independence Realty
IRT stock →Independence Realty Trust, Inc., an S&P 400 MidCap Company, is a real estate investment trust that owns and operates multifamily communities across non-gateway U.S. markets.
Real Estate · Real Estate Investment Trusts · 904 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
IRT vs LXP FAQ
Which is bigger, Independence Realty or LXP Industrial?
LXP Industrial (LXP) is larger, with a market capitalization of $3.59B compared with $3.47B for Independence Realty (IRT).
Which stock has performed better over the past year, IRT or LXP?
LXP returned +31.66% over the past 12 months, compared with -11.03% for IRT (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, IRT or LXP?
LXP has the lower trailing P/E at 60.4, versus 79.7 for IRT. 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, Independence Realty or LXP Industrial?
Independence Realty has the higher yield at 4.81%, compared with 4.55% for LXP Industrial.
Are Independence Realty and LXP Industrial in the same industry?
Yes. Both are classified in the Real Estate Investment Trusts industry within the Real Estate sector.