Lineage vs Rexford Industrial Realty
Lineage is the larger business, with $5.36bn of revenue in fiscal 2025 against $1.00bn for Rexford Industrial Realty (5.3 times as much). Rexford Industrial Realty grew faster (7.1% against 0.3%). Rexford Industrial Realty kept more of each dollar of sales as profit: a net margin of 21.1% against -1.9%. Rexford Industrial Realty carries less debt relative to equity (38.8% against 74.5%).
| Latest fiscal year | LineageLINE, 2025 | Rexford Industrial RealtyREXR, 2025 |
|---|---|---|
| Revenue | $5.36bn | $1.00bn |
| Revenue growth | 0.3% | 7.1% |
| Net income | −$100m | $212m |
| Operating margin | 3.4% | — |
| Net margin | -1.9% | 21.1% |
| Return on equity | -1.2% | 2.5% |
| Free cash flow | $196m | $209m |
| Cash | $66.0m | $166m |
| Total debt | $6.14bn | $3.28bn |
| Debt to equity | 74.5% | 38.8% |
| Dividend per share | $2.11 | $1.72 |
| Dividend yield | 6.4% | 4.7% |
| Share buybacks | $82.0m | $250m |
| Employees | 24,000 | 242 |
| Market value | $8.28bn | $8.22bn |
| Price vs our value range | — | — |
| Moat score | — | 44 (Weak) |
| Insider trades, 12 months | 9 buys, 0 sales | 3 buys, 6 sales |