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LXP (LXP Industrial Trust) Tax Expense : $-0.1 Mil (TTM As of Dec. 2024)


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What is LXP Industrial Trust Tax Expense?

LXP Industrial Trust's tax expense for the months ended in Dec. 2024 was $-0.4 Mil. Its tax expense for the trailing twelve months (TTM) ended in Dec. 2024 was $-0.1 Mil.


LXP Industrial Trust Tax Expense Historical Data

The historical data trend for LXP Industrial Trust's Tax Expense 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 Tax Expense Chart

LXP Industrial Trust Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Tax Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.58 1.29 1.10 0.70 -0.13

LXP Industrial Trust Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Tax Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.06 0.13 0.08 0.02 -0.36

LXP Industrial Trust Tax Expense Calculation

Tax paid by the company. It is computed in by multiplying the income before tax number, as reported to shareholders, by the appropriate tax rate. In reality, the computation is typically considerably more complex due to things such as expenses considered not deductible by taxing authorities ("add backs"), the range of tax rates applicable to various levels of income, different tax rates in different jurisdictions, multiple layers of tax on income, and other issues.

Tax Expense for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.1 Mil.

* 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.


LXP Industrial Trust  (NYSE:LXP) Tax Expense Explanation

In the long run, income before tax and taxable income will likely be more similar than they are in any given period. If the one is less in earlier years, then it will be greater in later years. Deferred taxes will reverse themselves in the long run and in total will zero out, unless there is something like a change in tax rates in the intervening period. A deferred tax payable results from a tax break in the early years and will reverse itself in later years; a deferred tax receivable results from more taxes being paid in early years than the tax expense reported to shareholders and will again reverse itself in later years. The deferred tax amount is computed by estimating the amount and the timing of the reversal and multiplying that by the appropriate tax rates.


LXP Industrial Trust Tax Expense Related Terms

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LXP Industrial Trust Business Description

Traded in Other Exchanges
Address
515 North Flagler Drive, Suite 408, West Palm Beach, FL, USA, 33401
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. The majority of the revenue is earned through rental revenue.
Executives
Arun Gupta director C/O COLUMBIA CAPITAL, 201 NORTH UNION STREET, SUITE 300, ALEXANDRIA VA 22314
Derrick L Johnson director C/O LXP INDUSTRIAL TRUST, ONE PENN PLAZA, SUITE 4015, NEW YORK NY 10119-4015
Nancy Elizabeth Noe director ONE PENN PLAZA, SUITE 4015, NEW YORK NY 10119
Nabil Andrawis officer: EVP, Director of Taxation C/O LXP INDUSTRIAL TRUST, ONE PENN PLAZA, SUITE 4015, NEW YORK NY 10119-4015
Richard Frary director C/O TALLWOOD ASSOCIATES INC., 14 EAST 60TH STREET, SUITE 1003, NEW YORK NY 10022
Jamie Handwerker director 9 WEST 57TH STREET, SUITE 4920, NEW YORK NY 10019
Lara Sweeney Johnson officer: EVP C/O WINTHROP FINANCIAL ASSOCIATES, TWO JERICHO QUADRANGLE WING A SUITE 111, JERICHO NY 11753
Joseph Bonventre officer: EVP, Gen Counsel & Secretary ONE PENN PLAZA, SUITE 4015, NEW YORK NY 10119-4015
Mark Cherone officer: Chief Accounting Officer C/O LEXINGTON REALTY TRUST, ONE PENN PLAZA, SUITE 4015, NEW YORK NY 11743
James Dudley officer: EVP & Director of Asset Mgmt. C/O LEXINGTON REALTY TRUST, ONE PENN PLAZA, SUITE 4015, NEW YORK NY 10119-4015
Brendan P Mullinix officer: EVP LEXINGTON CORPORATE PROPERTIES TRUST, ONE PENN PLAZA, SUITE 4015, NEW YORK NY 10119-4015
Howard Stewart Roth director 19 DEEPDALE DRIVE, GREAT NECK NY 11021
T Wilson Eglin director, officer: CEO, President and COO
E Robert Roskind director, officer: Chairman of the Board
Richard J Rouse director, officer: Co-Vice Chairman & CIO