Lineage, Inc. (LINE) vs Rexford Industrial Realty, Inc. (REXR)

Lineage, Inc. and Rexford Industrial Realty, Inc. are both Reit Industrial companies. Lineage, Inc. and Rexford Industrial Realty, Inc. are of similar size ($8.5B and $8.2B). Lineage, Inc. grew revenue faster over the last twelve months: 1.03% against 0.55%. Lineage, Inc. has the higher net margin (−3.15% vs −40.4%) and the lower return on invested capital (0.74% vs 2.19%). Across the 19 metrics below, Lineage, Inc. leads on 12 and Rexford Industrial Realty, Inc. on 7.

Valuation

Metric LINE REXR Reit Industrial median
P/E n/m n/m 28.30
P/S 1.53 8.45 8.16
P/B 0.93 1.08 1.89
Price to free cash flow 25.05 36.92 21.44
EV/EBITDA 13.19 16.89 17.97
EV/Sales 2.90 11.71 11.71
Earnings yield (1.99%) (4.83%) 3.38%
Free cash flow yield 3.99% 2.71% 2.71%

Profitability

Metric LINE REXR Reit Industrial median
Gross margin 31.97% 76.80% 73.76%
Operating margin 3.57% 39.27% 39.85%
Net margin (3.15%) (40.39%) 28.04%
Free cash flow margin 6.13% 22.90% 13.63%
Return on equity (1.82%) (4.78%) 6.83%
Return on assets (0.88%) (3.24%) 3.45%
Return on invested capital 0.74% 2.19% 2.92%

Growth

Metric LINE REXR Reit Industrial median
Revenue growth (TTM) 1.03% 0.55% 3.86%
EPS growth (last fiscal year) 88.38% (28.33%) —
Revenue growth, 5-year CAGR — 24.89% 13.33%
Net income growth, 5-year CAGR — 26.68% 9.91%

Health

Metric LINE REXR Reit Industrial median
Debt to equity 0.84 0.41 0.84
Current ratio 0.78 1.70 0.78
Net debt to EBITDA 6.39 4.52 4.76

Dividend

Metric LINE REXR Reit Industrial median
Dividend yield — 3.08% 3.14%
Payout ratio — 1.42 1.14

Size

Metric LINE REXR Reit Industrial median
Market cap 8.24b 8.47b 8.24b

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