Industrial Logistics Properties Trust (ILPT) vs Lineage, Inc. (LINE)

Industrial Logistics Properties Trust and Lineage, Inc. are both Reit Industrial companies. Lineage, Inc. is the larger, with a market value of $8.2B against $501.9M — 16.4× the size. Industrial Logistics Properties Trust grew revenue faster over the last twelve months: 2.69% against 1.03%. Lineage, Inc. has the higher net margin (−3.15% vs −10.4%) and the lower return on invested capital (0.74% vs 1.85%). Across the 19 metrics below, Industrial Logistics Properties Trust leads on 10 and Lineage, Inc. on 9.

Valuation

Metric ILPT LINE Reit Industrial median
P/E n/m n/m 28.30
P/S 1.07 1.53 8.16
P/B 0.58 0.93 1.89
Price to free cash flow 8.39 25.05 21.44
EV/EBITDA 13.69 13.19 17.97
EV/Sales 9.86 2.90 11.71
Earnings yield (9.77%) (1.99%) 3.38%
Free cash flow yield 11.92% 3.99% 2.71%

Profitability

Metric ILPT LINE Reit Industrial median
Gross margin 85.77% 31.97% 73.76%
Operating margin 31.52% 3.57% 39.85%
Net margin (10.37%) (3.15%) 28.04%
Free cash flow margin 12.77% 6.13% 13.63%
Return on equity (5.28%) (1.82%) 6.83%
Return on assets (0.91%) (0.88%) 3.45%
Return on invested capital 1.85% 0.74% 2.92%

Growth

Metric ILPT LINE Reit Industrial median
Revenue growth (TTM) 2.69% 1.03% 3.86%
EPS growth (last fiscal year) 31.51% 88.38% —
Revenue growth, 5-year CAGR 12.01% — 13.33%
Net income growth, 5-year CAGR 0.00% — 9.91%

Health

Metric ILPT LINE Reit Industrial median
Debt to equity 4.97 0.84 0.84
Current ratio 4.11 0.78 0.78
Net debt to EBITDA 11.82 6.39 4.76

Dividend

Metric ILPT LINE Reit Industrial median
Dividend yield 1.00% — 3.14%
Payout ratio 0.92 — 1.14

Size

Metric ILPT LINE Reit Industrial median
Market cap 501.93m 8.24b 8.24b

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