18 years of historical data (2008–2025) · Real Estate · REIT - Industrial
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
STAG Industrial, Inc. trades at 26.9x earnings, 20% below its 5-year average of 33.7x, sitting at the 22nd percentile of its historical range. Compared to the Real Estate sector median P/E of 23.4x, the stock trades at a premium of 15%. On a free-cash-flow basis, the stock trades at 15.8x P/FCF, 30% below the 5-year average of 22.5x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $7.3B | $6.9B | $6.2B | $7.1B | $5.8B | $7.9B | $4.7B | $4.0B | $2.6B | $2.5B | $1.7B |
| Enterprise Value | $7.3B | $6.9B | $9.2B | $9.7B | $8.3B | $10.1B | $6.4B | $5.6B | $3.9B | $3.6B | $2.7B |
| P/E Ratio → | 26.86 | 25.18 | 32.52 | 36.69 | 32.31 | 41.70 | 23.73 | — | 27.64 | 118.83 | 82.31 |
| P/S Ratio | 8.67 | 8.14 | 8.04 | 10.01 | 8.80 | 14.00 | 9.67 | 9.77 | 7.36 | 8.17 | 6.76 |
| P/B Ratio | 2.00 | 1.87 | 1.75 | 2.06 | 1.67 | 2.32 | 1.69 | 1.68 | 1.55 | 1.74 | 1.59 |
| P/FCF | 15.81 | 14.85 | 16.45 | 19.02 | 17.25 | 44.77 | 26.09 | 143.05 | 29.52 | 36.79 | 36.89 |
| P/OCF | 15.81 | 14.85 | 13.40 | 18.13 | 14.90 | 23.41 | 15.90 | 17.00 | 13.06 | 15.13 | 12.49 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
STAG Industrial, Inc.'s enterprise value stands at 23.8x EBITDA, 20% above its 5-year average of 19.8x. The Real Estate sector median is 13.6x, placing the stock at a 74% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 8.12 | 11.98 | 13.74 | 12.61 | 17.97 | 13.22 | 13.85 | 11.11 | 11.99 | 10.85 |
| EV / EBITDA | 23.77 | 22.32 | 16.33 | 18.68 | 17.10 | 24.78 | 17.83 | 18.75 | 15.47 | 16.82 | 16.17 |
| EV / EBIT | 1270.95 | — | 30.01 | 33.33 | 31.85 | 38.87 | 23.74 | 53.37 | 26.89 | 48.33 | 34.58 |
| EV / FCF | — | 14.82 | 24.52 | 26.10 | 24.73 | 57.47 | 35.67 | 202.65 | 44.59 | 53.98 | 59.22 |
Margins and return-on-capital ratios measuring operating efficiency
STAG Industrial, Inc. earns an operating margin of 0.7%, below the Real Estate sector average of 22.0%. Operating margins have compressed from 34.2% to 0.7% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 7.6% is modest. ROIC of 0.1% represents below-average returns on invested capital.
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | — | — | 79.8% | 80.3% | 80.9% | 80.8% | 81.5% | 81.5% | 80.3% | 80.8% | 80.5% |
| Operating Margin | 0.7% | 0.7% | 35.2% | 34.2% | 31.9% | 29.7% | 28.8% | 26.9% | 22.9% | 19.6% | 17.0% |
| Net Profit Margin | 32.3% | 32.3% | 24.7% | 27.2% | 27.1% | 34.2% | 41.8% | 12.1% | 26.5% | 10.4% | 13.8% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 7.6% | 7.6% | 5.4% | 5.6% | 5.2% | 6.2% | 7.9% | 2.4% | 6.0% | 2.5% | 3.6% |
| ROA | 3.9% | 3.9% | 2.9% | 3.1% | 3.0% | 3.7% | 4.6% | 1.4% | 3.2% | 1.3% | 1.7% |
| ROIC | 0.1% | 0.1% | 3.2% | 3.0% | 2.7% | 2.5% | 2.5% | 2.3% | 2.2% | 1.9% | 1.6% |
| ROCE | 0.1% | 0.1% | 4.5% | 4.2% | 3.7% | 3.4% | 3.3% | 3.2% | 3.0% | 2.6% | 2.2% |
Solvency and debt-coverage ratios — lower is generally safer
The company holds a net cash position — cash of $15M exceeds total debt of $0, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | — | — | 0.87 | 0.77 | 0.73 | 0.66 | 0.62 | 0.70 | 0.79 | 0.83 | 0.97 |
| Debt / EBITDA | — | — | 5.44 | 5.10 | 5.23 | 5.52 | 4.83 | 5.55 | 5.26 | 5.47 | 6.17 |
| Net Debt / Equity | — | -0.00 | 0.86 | 0.77 | 0.73 | 0.66 | 0.62 | 0.70 | 0.79 | 0.81 | 0.96 |
| Net Debt / EBITDA | -0.05 | -0.05 | 5.38 | 5.06 | 5.17 | 5.48 | 4.79 | 5.52 | 5.23 | 5.35 | 6.10 |
| Debt / FCF | — | -0.03 | 8.07 | 7.08 | 7.48 | 12.70 | 9.58 | 59.60 | 15.07 | 17.19 | 22.33 |
| Interest Coverage | — | — | 2.39 | 2.56 | 2.69 | 2.63 | 2.23 | 2.00 | 1.64 | 1.39 | 0.99 |
Net cash position: cash ($15M) exceeds total debt ($0)
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | — | — | 0.48 | 0.45 | 0.74 | 0.45 | 0.72 | 0.69 | 0.64 | 0.33 | 0.93 |
| Quick Ratio | — | — | 0.48 | 0.45 | 0.74 | 0.45 | 0.72 | 0.69 | 0.64 | 0.33 | 0.93 |
| Cash Ratio | 0.06 | — | 0.06 | 0.04 | 0.09 | 0.05 | 0.08 | 0.04 | 0.05 | 0.08 | 0.17 |
| Asset Turnover | — | 0.12 | 0.11 | 0.11 | 0.11 | 0.10 | 0.10 | 0.10 | 0.11 | 0.11 | 0.11 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
STAG Industrial, Inc. returns 3.9% to shareholders annually primarily through dividends. The earnings yield of 3.7% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 3.9% | 4.1% | 4.5% | 3.8% | 4.6% | 3.1% | 4.8% | 4.8% | 6.2% | 5.7% | 6.9% |
| Payout Ratio | — | — | 145.3% | 138.7% | 149.6% | 127.8% | 111.0% | 384.7% | 171.0% | 451.1% | 340.2% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 3.7% | 4.0% | 3.1% | 2.7% | 3.1% | 2.4% | 4.2% | — | 3.6% | 0.8% | 1.2% |
| FCF Yield | 6.3% | 6.7% | 6.1% | 5.3% | 5.8% | 2.2% | 3.8% | 0.7% | 3.4% | 2.7% | 2.7% |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 3.9% | 4.1% | 4.5% | 3.8% | 4.6% | 3.1% | 4.8% | 4.8% | 6.2% | 5.7% | 6.9% |
| Shares Outstanding | — | $187M | $182M | $181M | $179M | $164M | $149M | $126M | $104M | $90M | $71M |
Compare STAG with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
| STAGYou | $7B | 26.9 | 23.8 | 15.8 | — | 0.7% | 7.6% | 0.1% | — |
| PLD | $132B | 35.6 | 23.2 | 27.0 | 74.9% | 53.8% | 6.4% | 3.8% | 4.5 |
| EGP | $10B | 42.1 | 19.9 | 29.3 | 72.7% | 69.4% | 7.7% | 7.3% | 2.6 |
| REXR | $9B | 31.2 | 13.5 | 82.7 | 77.5% | 68.8% | 3.2% | 4.3% | 3.8 |
| FR | $8B | 29.1 | 22.2 | 62.0 | 72.6% | 44.3% | 10.7% | 4.6% | 4.7 |
| TRNO | $7B | 16.9 | 25.5 | 32.8 | 50.3% | 40.3% | 10.3% | 2.9% | 3.8 |
| GRP-UN | $4B | 15.6 | 19.2 | 15.9 | 82.9% | 76.5% | 6.5% | 3.8% | 7.1 |
| LXP | $3B | 27.2 | — | 17.9 | 81.6% | 0.8% | 5.1% | 0.1% | — |
| PLYM | $979M | 7.1 | 13.3 | 10.2 | 68.9% | 18.2% | 25.9% | 2.1% | 5.4 |
| ILPT | $391M | -5.9 | 0.4 | 6.4 | 86.3% | 78.0% | -6.9% | 8.9% | — |
| LPA | $80M | -2.7 | 15.0 | 30.1 | 84.1% | 48.5% | -11.0% | 3.1% | 12.5 |
| Real Estate Median | — | 23.4 | 13.6 | 13.7 | 60.4% | 22.0% | 3.3% | 2.6% | 6.7 |
Peers based on L4 peer group classification. Compare multiple stocks →
Includes 30+ ratios · 18 years · Updated daily
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Start ComparisonSTAG Industrial, Inc.'s current P/E ratio is 26.9x. The historical average is 46.8x. This places it at the 22th percentile of its historical range.
STAG Industrial, Inc.'s current EV/EBITDA is 23.8x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 17.5x.
STAG Industrial, Inc.'s return on equity (ROE) is 7.6%. The historical average is -16.3%.
Based on historical data, STAG Industrial, Inc. is trading at a P/E of 26.9x. This is at the 22th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
STAG Industrial, Inc.'s current dividend yield is 3.87%.
STAG Industrial, Inc. has 0.7% operating margin.