LXP Historical Income Statement
LXP Stock | USD 9.28 0.08 0.87% |
Historical analysis of LXP Industrial income statement accounts such as Total Revenue of 270.9 M can show how well LXP Industrial Trust performed in making a profits. Evaluating LXP Industrial income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of LXP Industrial's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining LXP Industrial Trust latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether LXP Industrial Trust is a good buy for the upcoming year.
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About LXP Income Statement Analysis
LXP Industrial Trust Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to LXP Industrial shareholders. The income statement also shows LXP investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
LXP Industrial Income Statement Chart
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Total Revenue
Total revenue comprises all receipts LXP Industrial Trust generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of LXP Industrial Trust minus its cost of goods sold. It is profit before LXP Industrial operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of LXP Industrial Trust. It is also known as LXP Industrial overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Minority Interest
Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of LXP Industrial Trust whose combined shares represent less than 50% of the total outstanding shares issued by LXP Industrial have a minority interest in LXP Industrial.Most accounts from LXP Industrial's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into LXP Industrial Trust current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LXP Industrial Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. At this time, LXP Industrial's Non Operating Income Net Other is relatively stable compared to the past year. As of 11/25/2024, Tax Provision is likely to grow to about 1 M, while Total Revenue is likely to drop slightly above 270.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 119.5M | 85.8M | 98.6M | 157.4M | Total Revenue | 344.0M | 321.2M | 340.5M | 270.9M |
LXP Industrial income statement Correlations
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LXP Industrial Account Relationship Matchups
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LXP Industrial income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 154.1M | 233.9M | 259.9M | 274.2M | 183.5M | 131.4M | |
Interest Expense | 65.1M | 55.2M | 46.7M | 45.4M | 46.4M | 55.5M | |
Selling General Administrative | 30.8M | 30.4M | 35.5M | 38.7M | 36.3M | 26.1M | |
Total Revenue | 326.0M | 330.4M | 344.0M | 321.2M | 340.5M | 270.9M | |
Gross Profit | 136.4M | 126.9M | 119.5M | 85.8M | 98.6M | 157.4M | |
Other Operating Expenses | 220.4M | 233.9M | 259.9M | 274.2M | 94.7M | 167.8M | |
Operating Income | (46.3M) | (70.7M) | (97.8M) | (139.5M) | 3.0M | 2.8M | |
Ebit | (46.3M) | 24.3M | (174.5M) | (46.7M) | 62.3M | 65.4M | |
Ebitda | 107.8M | 258.2M | 85.4M | 227.6M | 245.8M | 172.6M | |
Total Operating Expenses | 30.8M | 30.4M | 35.5M | 38.8M | 36.3M | 59.0M | |
Net Income | 279.9M | 183.3M | 382.6M | 113.8M | 30.4M | 28.9M | |
Income Tax Expense | 1.4M | 1.6M | 1.3M | 1.1M | 703K | 667.9K | |
Income Before Tax | 283.8M | 188.1M | 386.6M | 101.3M | 35.3M | 33.5M | |
Total Other Income Expense Net | 330.0M | (70.0M) | 302.5M | 100.4M | 32.3M | 50.8M | |
Cost Of Revenue | 189.6M | 203.5M | 224.5M | 235.4M | 241.9M | 200.4M | |
Net Income Applicable To Common Shares | 273.2M | 176.8M | 375.8M | 107.3M | 123.4M | 115.9M | |
Minority Interest | 5.4M | 3.1M | 2.4M | 2.5M | (2.4M) | (2.3M) | |
Research Development | 0.87 | 0.57 | 1.12 | 0.32 | 0.1 | 0.095 | |
Net Income From Continuing Ops | 285.3M | 186.4M | 385.1M | 116.2M | 56.6M | 53.8M | |
Non Operating Income Net Other | 251.5M | 161.1M | 354.6M | 75.9M | 87.3M | 153.5M | |
Tax Provision | 1.4M | 1.6M | 1.3M | 1.1M | 797K | 1.0M | |
Interest Income | 65.1M | 55.2M | 46.7M | 1.6M | 1.5M | 1.4M | |
Net Interest Income | (65.1M) | (55.2M) | (46.7M) | (45.4M) | (45.2M) | (47.4M) | |
Reconciled Depreciation | 154.1M | 168.0M | 183.2M | 187.4M | 190.7M | 193.8M |
Pair Trading with LXP Industrial
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if LXP Industrial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in LXP Industrial will appreciate offsetting losses from the drop in the long position's value.Moving against LXP Stock
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The ability to find closely correlated positions to LXP Industrial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace LXP Industrial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back LXP Industrial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling LXP Industrial Trust to buy it.
The correlation of LXP Industrial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as LXP Industrial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if LXP Industrial Trust moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for LXP Industrial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for LXP Stock Analysis
When running LXP Industrial's price analysis, check to measure LXP Industrial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy LXP Industrial is operating at the current time. Most of LXP Industrial's value examination focuses on studying past and present price action to predict the probability of LXP Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LXP Industrial's price. Additionally, you may evaluate how the addition of LXP Industrial to your portfolios can decrease your overall portfolio volatility.