LXP Industrial Trust (LXP Industrial Trust) Gross Margin % : 28.96% (As of Dec. 2023)

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What is LXP Industrial Trust Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. LXP Industrial Trust's Gross Profit for the three months ended in Dec. 2023 was $24.02 Mil. LXP Industrial Trust's Revenue for the three months ended in Dec. 2023 was $82.96 Mil. Therefore, LXP Industrial Trust's Gross Margin % for the quarter that ended in Dec. 2023 was 28.96%.

Warning Sign:

LXP Industrial Trust gross margin has been in long-term decline. The average rate of decline per year is -10.4%.

The historical rank and industry rank for LXP Industrial Trust's Gross Margin % or its related term are showing as below:

LXPpC.PFD' s Gross Margin % Range Over the Past 10 Years
Min: 26.71 Med: 42.5 Max: 50.31
Current: 28.95

During the past 13 years, the highest Gross Margin % of LXP Industrial Trust was 50.31%. The lowest was 26.71%. And the median was 42.50%.

LXPpC.PFD's Gross Margin % is ranked worse than
94.79% of 634 companies
in the REITs industry
Industry Median: 68.745 vs LXPpC.PFD: 28.95

LXP Industrial Trust had a gross margin of 28.96% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for LXP Industrial Trust was -10.40% per year.

LXP Industrial Trust Gross Margin % Historical Data

The historical data trend for LXP Industrial Trust's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

LXP Industrial Trust Gross Margin % Chart

LXP Industrial Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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41.83

38.42

34.88

26.71

28.95

LXP Industrial Trust Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Margin %	Get a 7-Day Free Trial															27.85	28.32	29.08	29.45	28.96

Competitive Comparison of LXP Industrial Trust's Gross Margin %

For the REIT - Industrial subindustry, LXP Industrial Trust's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

LXP Industrial Trust's Gross Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, LXP Industrial Trust's Gross Margin % distribution charts can be found below:

* The bar in red indicates where LXP Industrial Trust's Gross Margin % falls into.

LXP Industrial Trust Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

LXP Industrial Trust's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )	=	Gross Profit (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	98.6	/	340.503
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(340.503 - 241.918)	/	340.503
	=	28.95 %

LXP Industrial Trust's Gross Margin for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )	=	Gross Profit (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	24	/	82.956
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(82.956 - 58.933)	/	82.956
	=	28.96 %

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

LXP Industrial Trust (NYSE:LXPpC.PFD) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

LXP Industrial Trust had a gross margin of 28.96% for the quarter that ended in Dec. 2023 => Competition eroding margins

Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.

LXP Industrial Trust Gross Margin % Related Terms

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LXP Industrial Trust (LXP Industrial Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » LXP Industrial Trust (NYSE:LXPpC.PFD) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

LXP:USA

Address

One Penn Plaza, Suite 4015, New York, NY, USA, 10119-4015

Website

https://www.lxp.com

LXP Industrial Trust is a real estate investment trust principally involved in the ownership of equity and debt investments in single-tenant properties and land throughout the United States. Majority of the revenue is earned through rental revenue.