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STAG Industrial, Inc. (STAG) 10-Year Financial Performance & Capital Metrics

STAG • • REIT / Real Estate
Real EstateIndustrial REITsIndustrial & Logistics REITsDiversified Industrial Operators
AboutSTAG Industrial, Inc. (NYSE: STAG) is a real estate investment trust focused on the acquisition and operation of single-tenant, industrial properties throughout the United States. By targeting this type of property, STAG has developed an investment strategy that helps investors find a powerful balance of income plus growth.Show more
  • Revenue $767M +8.4%
  • FFO $482M +2.3%
  • FFO/Share 2.64 +1.3%
  • FFO Payout 57% +0.4%
  • FFO per Share 2.64 +1.3%
  • NOI Margin 79.82% -0.6%
  • FFO Margin 62.85% -5.6%
  • ROE 5.43% -2.9%
  • ROA 2.89% -6.7%
  • Debt/Assets 44.85% +6.0%
  • Net Debt/EBITDA 5.38 +6.2%
  • Book Value/Share 19.34 +1.3%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Strong 5Y profit CAGR of 30.9%
  • ✓FFO growing 14.5% TTM
  • ✓Sustainable FFO payout ratio of 57.0%
  • ✓High NOI margin of 79.8%
  • ✓Healthy dividend yield of 4.0%

✗Weaknesses

  • ✗Dividend payout exceeds 100% of earnings

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y16.01%
5Y13.58%
3Y10.93%
TTM9.62%

Profit (Net Income) CAGR

10Y-
5Y30.88%
3Y-0.54%
TTM33.86%

EPS CAGR

10Y-
5Y-
3Y-3.3%
TTM31.31%

ROCE

10Y Avg3.23%
5Y Avg3.8%
3Y Avg4.11%
Latest4.49%

Peer Comparison

Diversified Industrial Operators
Select Columns
Size & Scale
Valuation
Per Share
Growth
Profitability
Quality & Returns
Safety & Leverage
TTM Growth
Famous Investor Metrics
Dividends
Latest Quarter
Momentum & Returns
Total Return (DRIP)
Technical
Volume & Trading
Shares & Dilution
Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
LXPLXP Industrial Trust2.98B50.3877.515.27%32.2%5.66%6.49%0.69
STAGSTAG Industrial, Inc.6.99B37.44368.41%29.26%6.88%5.36%0.87
FRFirst Industrial Realty Trust, Inc.7.85B59.3127.338.73%33.19%8.64%4.49%0.81
ILPTIndustrial Logistics Properties Trust401.96M6.03-4.131.14%-19.87%-9.69%0.49%4.28

Profit & Loss

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Revenue+218.63M250.24M301.09M350.99M405.95M483.41M562.16M657.35M707.84M767.38M
Revenue Growth %0.26%0.14%0.2%0.17%0.16%0.19%0.16%0.17%0.08%0.08%
Property Operating Expenses42.63M48.9M57.7M69.02M75.18M89.36M107.99M125.7M139.6M154.83M
Net Operating Income (NOI)+----------
NOI Margin %----------
Operating Expenses+139.17M158.84M184.23M201.67M221.4M254.81M287.33M322M325.94M342.28M
G&A Expenses28.75M33.4M33.35M34.05M35.95M40.07M48.63M46.96M47.49M49.2M
EBITDA+147.26M167.94M214.62M252.08M299.69M358.32M407.6M484.69M520.75M563.35M
EBITDA Margin %----------
Depreciation & Amortization+110.42M125.44M155.46M171.78M190.31M219.08M240.75M275.04M278.45M293.08M
D&A / Revenue %----------
Operating Income+36.84M42.5M59.16M80.3M109.38M139.24M166.84M209.65M242.3M270.28M
Operating Margin %----------
Interest Expense+36.1M42.92M42.47M48.82M54.65M62.34M63.48M78.02M94.58M113.17M
Interest Coverage1.02x0.99x1.39x1.64x2.00x2.23x2.63x2.69x2.56x2.39x
Non-Operating Income30.08M-36.01M-15.51M-64.76M4.06M-129.9M-93.07M-50.61M-49.48M-36.16M
Pretax Income+-29.34M35.59M32.2M96.25M50.66M206.79M196.43M182.23M197.2M193.27M
Pretax Margin %----------
Income Tax+0000000000
Effective Tax Rate %----------
Net Income+-27.38M34.52M31.26M92.93M49.28M202.15M192.33M178.33M192.84M189.22M
Net Margin %----------
Net Income Growth %-6.41%2.26%-0.09%1.97%-0.47%3.1%-0.05%-0.07%0.08%-0.02%
Funds From Operations (FFO)+----------
FFO Margin %----------
FFO Growth %-0.01%0.93%0.17%0.42%-0.09%0.76%0.03%0.05%0.04%0.02%
FFO per Share+----------
FFO Payout Ratio %----------
EPS (Diluted)+-0.440.290.230.90-0.031.321.151.001.071.04
EPS Growth %-4.91%1.66%-0.21%2.91%-1.03%47.32%-0.13%-0.13%0.07%-0.03%
EPS (Basic)-0.440.290.240.90-0.031.321.151.001.071.04
Diluted Shares Outstanding66.31M70.85M90M103.81M125.68M149.22M164.09M178.94M180.56M182.4M

Balance Sheet

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Assets+1.91B2.19B2.68B3.1B4.16B4.69B5.83B6.18B6.28B6.83B
Asset Growth %0.17%0.15%0.23%0.16%0.34%0.13%0.24%0.06%0.02%0.09%
Real Estate & Other Assets+1.56B1.82B6.08M9.15M3.52B4.03B5.06B5.43B5.59B6.1B
PP&E (Net)1.56B1.82B2.25B2.65B15.13M25.4M29.58M31.31M29.57M31.15M
Investment Securities0000000000
Total Current Assets+59.95M67.85M107.01M101.68M150.71M142.05M177.75M218.67M230.6M269.94M
Cash & Equivalents12.01M12.19M24.56M7.97M9.04M15.67M18.98M25.88M20.74M36.28M
Receivables1000K1000K1000K1000K1000K1000K1000K1000K1000K1000K
Other Current Assets8.39M9.61M23.48M14.57M45.84M5.12M4.21M5.55M81.58M97.3M
Intangible Assets276.27M294.53M313.25M342.01M475.15M499.8M567.66M508.94M435.72M428.87M
Total Liabilities1.05B1.12B1.27B1.43B1.8B1.92B2.44B2.73B2.84B3.3B
Total Debt+980.25M1.04B1.17B1.33B1.66B1.73B2.25B2.53B2.66B3.06B
Net Debt968.24M1.02B1.15B1.32B1.65B1.72B2.23B2.51B2.64B3.03B
Long-Term Debt924.25M1.01B902.78M1.23B1.5B1.6B1.92B2.32B2.22B2.62B
Short-Term Borrowings1000K1000K1000K1000K1000K1000K1000K1000K1000K1000K
Capital Lease Obligations11.39M20.34M0016.99M27.9M33.11M35.1M33.58M35.3M
Total Current Liabilities+89.9M73.12M326.1M159.76M217.2M196.14M394.38M294.65M507.88M559.28M
Accounts Payable25.66M35.39M43.22M45.51M53.74M69.77M76.47M97.37M83.15M126.81M
Deferred Revenue0000000000
Other Liabilities15.15M22.78M22.44M25.58M45.56M73.42M52.77M32.43M29.91M33.34M
Total Equity+855.38M1.07B1.41B1.67B2.36B2.77B3.39B3.46B3.45B3.53B
Equity Growth %-0.04%0.25%0.32%0.18%0.42%0.17%0.22%0.02%-0%0.02%
Shareholders Equity820.1M1.03B1.36B1.61B2.31B2.72B3.33B3.38B3.37B3.46B
Minority Interest35.28M39.89M51.27M55.83M58.36M54.84M65.89M73.36M71.13M69.93M
Common Stock681K804K970K1.12M1.43M1.58M1.78M1.79M1.82M1.86M
Additional Paid-in Capital1.02B1.29B1.73B2.12B2.97B3.42B4.13B4.19B4.27B4.45B
Retained Earnings-334.62M-410.98M-516.69M-584.98M-723.03M-742.07M-792.33M-876.14M-948.72M-1.03B
Preferred Stock139M145M145M75M75M75M0000
Return on Assets (ROA)-0.02%0.02%0.01%0.03%0.01%0.05%0.04%0.03%0.03%0.03%
Return on Equity (ROE)-0.03%0.04%0.03%0.06%0.02%0.08%0.06%0.05%0.06%0.05%
Debt / Assets0.51%0.47%0.44%0.43%0.4%0.37%0.39%0.41%0.42%0.45%
Debt / Equity1.15x0.97x0.83x0.79x0.70x0.62x0.66x0.73x0.77x0.87x
Net Debt / EBITDA6.58x6.10x5.35x5.23x5.52x4.79x5.48x5.17x5.06x5.38x
Book Value per Share12.9015.0615.6716.0818.8118.5720.6819.3319.0819.34

Cash Flow

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+121.71M135.42M162.56M197.77M233.36M293.92M336.15M387.93M391.09M460.29M
Operating CF Growth %0.26%0.11%0.2%0.22%0.18%0.26%0.14%0.15%0.01%0.18%
Operating CF / Revenue %----------
Net Income-31.47M35.59M32.2M96.25M50.66M206.79M196.43M182.23M197.2M189.22M
Depreciation & Amortization112.55M125.44M150.88M167.62M190.31M219.08M240.75M274.69M278.45M293.08M
Stock-Based Compensation7.58M9.73M9.55M8.92M9.89M11.68M14.96M12.07M11.49M11.74M
Other Non-Cash Items6.65M6.03M-1.32M-4.68M-9.19M-11.31M-14.59M-69.55M-67.73M-45.61M
Working Capital Changes2.09M348K-6.4M-4.33M-10.72M-3M-3.67M-11.51M-28.31M11.87M
Cash from Investing+-372.04M-347.11M-566.05M-507.2M-1.22B-554.62M-1.22B-447.52M-320.35M-731.06M
Acquisitions (Net)000-4.92M3.85M27K0000
Purchase of Investments0000000000
Sale of Investments0000000000
Other Investing-286.71M-256.68M-475.93M-392M-1.02B-550.67M-1.21B-443.98M-301.88M-727.5M
Cash from Financing+238.46M211.87M415.86M303.85M978.54M269.18M887.12M63.19M-75.67M286.29M
Dividends Paid-105.89M-117.44M-141.01M-158.87M-189.58M-224.28M-245.72M-266.82M-267.57M-274.92M
Common Dividends-105.89M-117.44M-141.01M-158.87M-189.58M-224.28M-245.72M-266.82M-267.57M-274.92M
Debt Issuance (Net)1000K1000K1000K1000K1000K1000K1000K1000K1000K1000K
Share Repurchases-64K000000000
Other Financing-4.9M-10.91M-2.19M-5.99M-2.83M-3.06M-10.92M-6.81M-1.08M-12.85M
Net Change in Cash+-11.87M181K12.37M-5.59M-10.68M8.47M2.86M3.59M-4.92M15.53M
Exchange Rate Effect0000000000
Cash at Beginning23.88M12.01M12.19M28.13M22.54M11.86M20.34M23.2M26.79M21.87M
Cash at End12.01M12.19M24.56M22.54M11.86M20.34M23.2M26.79M21.87M37.39M
Free Cash Flow+36.38M45.85M66.86M87.48M27.74M179.1M175.77M335.22M372.63M375.06M
FCF Growth %2.93%0.26%0.46%0.31%-0.68%5.46%-0.02%0.91%0.11%0.01%
FCF / Revenue %----------

Key Ratios

Metric2015201620172018201920202021202220232024
FFO per Share1.252.262.072.551.912.822.642.532.612.64
FFO Payout Ratio127.52%73.42%75.52%60.02%79.13%53.25%56.74%58.85%56.77%57%
NOI Margin80.5%80.46%80.84%80.34%81.48%81.51%80.79%80.88%80.28%79.82%
Net Debt / EBITDA6.58x6.10x5.35x5.23x5.52x4.79x5.48x5.17x5.06x5.38x
Debt / Assets51.42%47.4%43.79%42.74%39.91%36.89%38.6%40.97%42.3%44.85%
Interest Coverage1.02x0.99x1.39x1.64x2.00x2.23x2.63x2.69x2.56x2.39x
Book Value / Share12.915.0615.6716.0818.8118.5720.6819.3319.0819.34
Revenue Growth25.78%14.46%20.32%16.58%15.66%19.08%16.29%16.93%7.68%8.41%

Frequently Asked Questions

Valuation & Price

STAG Industrial, Inc. (STAG) has a price-to-earnings (P/E) ratio of 36.0x. This suggests investors expect higher future growth.

Growth & Financials

STAG Industrial, Inc. (STAG) reported $823.6M in revenue for fiscal year 2024. This represents a 1769% increase from $44.1M in 2011.

STAG Industrial, Inc. (STAG) grew revenue by 8.4% over the past year. This is steady growth.

Yes, STAG Industrial, Inc. (STAG) is profitable, generating $241.0M in net income for fiscal year 2024 (24.7% net margin).

Dividend & Returns

Yes, STAG Industrial, Inc. (STAG) pays a dividend with a yield of 4.03%. This makes it attractive for income-focused investors.

STAG Industrial, Inc. (STAG) has a return on equity (ROE) of 5.4%. This is below average, suggesting room for improvement.

Industry Metrics

STAG Industrial, Inc. (STAG) generated Funds From Operations (FFO) of $539.2M in the trailing twelve months. FFO is the primary profitability metric for REITs.

STAG Industrial, Inc. (STAG) offers a 4.03% dividend yield, which is attractive for income investors. REITs are required to distribute at least 90% of taxable income to shareholders.

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