Pricing Log in Create free account
Saturday 17 October 2026 Export STAG’s income statement to Excel — free account

Stag Industrial, Inc.

STAG Real Estate Reit Industrial

Stag Industrial, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $845.2 million, up 10.1% from fiscal 2024. In the quarter to June 2026, revenue grew 8.08%, EPS grew 3.70%, free cash flow fell 536.3% and total debt rose 13.1%, each against the same quarter a year earlier. Dividend growth for ten consecutive years, revenue growth for ten, operating cash flow growth for ten.

35.83 0.14 +0.39%
Market cap
$6.9B
P/E
27.6×
Fwd P/E
33.3×
Dividend yield
4.28%
F-score
6/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 5.86
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell 1 — — 3 — — — — — — — —
Insider Ownership 0.00%

Capital & Financial Ratios $m

Market Cap 6,880.00
Revenue 880.59
Net Income 252.17
Free Cash Flow (339.55)
Net Debt 3,375.94
Current Ratio 1.76
Debt/Equity 0.93
P/E ratio 27.56
Fwd P/E 33.30
P/S ratio 7.78
P/B ratio 1.85
Past 5Y EPS Growth 2.04%
This Y EPS Growth (24.84%) (below 0%: weak)
Next Y EPS Growth 0.51%
Next Y revenue growth 7.53%
Next 5Y EPS Growth (9.16%) (below 0%: weak)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years
EV/Sales is 11.6×, against a ten-year median of 12.7×; over the ten years it ranged from 9.5× in 2016 to 17.8× in 2021.
P/E against its own 10 years 15.12%
10-year low 10-year high
P/S against its own 10 years 16.40%
10-year low 10-year high
P/B against its own 10 years 31.00%
10-year low 10-year high
EV/Sales against its own 10 years 16.99%
10-year low 10-year high

Dividends

Payout Ratio 1.18
Annual Dividend Rate 1.54
Annual Dividend Yield 4.28%
total individual payouts
2028 Powerpack
2027 Powerpack
2026 1.55
0.39
0.39
0.39
2025 1.49
0.12
0.12
0.12
0.12
0.12
0.12
0.12
0.12
0.12
0.12
0.12
0.12
2024 1.48
0.12
0.12
0.12
0.12
0.12
0.12
0.12
0.12
0.12
0.12
0.12
0.12
2023 1.47
0.12
0.12
0.12
0.12
0.12
0.12
0.12
0.12
0.12
0.12
0.12
0.12
2022 1.46
0.12
0.12
0.12
0.12
0.12
0.12
0.12
0.12
0.12
0.12
0.12
0.12
2021 1.45
0.12
0.12
0.12
0.12
0.12
0.12
0.12
0.12
0.12
0.12
0.12
0.12
2020 1.44
0.12
0.12
0.12
0.12
0.12
0.12
0.12
0.12
0.12
0.12
0.12
0.12
2019 1.43
0.12
0.12
0.12
0.12
0.12
0.12
0.12
0.12
0.12
0.12
0.12
0.12
2018 1.42
0.12
0.12
0.12
0.12
0.12
0.12
0.12
0.12
0.12
0.12
0.12
0.12
2017 1.52
0.12
0.12
0.12
0.12
0.12
0.12
0.12
0.12
0.12
0.12
0.12
0.12
0.12
2016 1.39
0.12
0.12
0.12
0.12
0.12
0.12
0.12
0.12
0.12
0.12
0.12
0.12
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 22 37 101 67
Receivables 128 136 156 161
Inventory — — — —
Other — — — —
150 174 257 228
2023 2024 2025 Q'26
Payables 83 127 135 130
ST’ Debt — — — —
Other — — — —
83 127 135 130

Compound Annual Growth %

10y 5y 3y
Sales 14.48% 11.82% 8.74%
Cash Flow 14.30% 9.53% 6.10%
Earnings 0.00% 6.80% 15.35%
Book Value 15.65% 5.79% 2.01%

Revenue $m

Mar Jun Sep Dec Year
’26 224 224 — — —
’25 206 208 211 221 845
’24 188 190 191 199 767
’23 174 172 179 183 708
’22 159 162 166 170 657
’21 134 138 142 148 562
’20 119 118 117 130 483
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 117 111 — — —
’25 104 112 144 104 463
’24 105 122 128 105 460
’23 86 110 103 92 391
’22 89 102 107 90 388
’21 73 89 92 82 336
’20 71 78 76 70 294
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 25 (206) — — —
’25 78 47 (3) (155) (33)
’24 31 (51) (15) (235) (270)
’23 95 74 (105) 3 66
’22 (57) (85) 43 40 (59)
’21 (8) (31) (306) (537) (881)
’20 35 57 19 (372) (261)
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 0.32 0.28 — — —
’25 0.49 0.27 0.26 0.44 1.46
’24 0.20 0.33 0.23 0.28 1.04
’23 0.28 0.29 0.28 0.23 1.07
’22 0.30 0.18 0.35 0.17 1.00
’21 0.13 0.20 0.30 0.50 1.15
’20 0.42 0.12 0.15 0.63 1.32
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

2.5
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low 14.97 22.70 22.42 23.98 17.54 29.40 26.56 31.01 33.18 28.61

Analyst estimates 2026–2028

Powerpack
High 25.51 28.95 29.07 31.66 34.50 48.27 48.16 39.60 41.63 39.73
People
People Employees 68 72 73 72 78 86 93 95 91 93
Revenue/emp, $m 3.68 4.18 4.81 5.64 6.20 6.54 7.07 7.45 8.43 9.09
Income, $m
Income, $m Revenue 250 301 351 406 483 562 657 708 767 845
Gross margin, % 78.63 79.05 80.34 81.48 81.51 80.79 80.88 80.28 79.82 79.67
EBT 36 32 96 51 207 196 182 197 193 279
EBT margin, % 14.22 10.69 27.42 12.48 42.78 34.94 27.72 27.86 25.19 33.04
Net income 36 32 96 51 207 196 182 197 193 279
Depreciation 132 155 172 190 219 241 275 278 292 299
Per share, $
Per share, $ Revenue 3.54 3.36 3.39 3.24 3.25 3.44 3.68 3.93 4.21 4.52
Earnings 0.29 0.24 0.80 0.35 1.32 1.15 1.00 1.07 1.04 1.46
Cash flow 1.92 1.81 1.91 1.86 1.98 2.06 2.17 2.17 2.53 2.48
Capex (4.89) (6.41) (4.85) (9.76) (3.73) (7.45) (2.50) (1.80) (4.01) (2.66)
Free cash flow (2.97) (4.60) (2.94) (7.90) (1.75) (5.39) (0.33) 0.37 (1.48) (0.18)
Book value 15.10 15.75 16.15 18.85 18.62 20.76 19.35 19.12 19.37 19.65
Shares, m 71 90 103 125 149 163 179 180 182 187
Valuation, ×
Valuation, × P/E 98.79 123.18 31.90 92.85 23.73 42.44 32.35 36.66 32.52 25.18
P/S 6.69 8.06 7.33 9.75 9.64 13.94 8.80 10.08 8.03 8.13
P/B 1.82 1.92 1.61 1.73 1.73 2.31 1.67 2.07 1.75 1.87
EV/Sales 10.75 11.86 11.04 13.77 13.12 17.85 12.56 13.76 11.93 11.86
EV/FCF (12.81) (8.68) (12.75) (5.65) (24.30) (11.39) (139.13) 146.68 (33.89) (300.08)
Cash, $m
Cash, $m Operating cash flow 136 162 198 233 294 336 388 391 460 463
Capex (346) (574) (502) (1,224) (555) (1,217) (447) (325) (730) (497)
Free cash flow (210) (412) (304) (990) (261) (881) (59) 66 (270) (33)
Balance, $m
Balance, $m Working capital 12 19 19 16 28 40 45 67 47 122
Total debt 1,036 1,174 1,326 1,645 1,703 2,218 2,499 2,624 3,029 3,254
Net debt 1,014 1,146 1,303 1,633 1,683 2,195 2,472 2,602 2,992 3,153
Shareholders’ equity 1,067 1,410 1,670 2,364 2,771 3,394 3,458 3,446 3,529 3,671
Returns, %
Returns, % ROA 0.99 0.87 2.85 1.21 4.44 3.58 2.96 3.09 2.88 3.89
ROIC 0.60 1.23 1.53 1.53 1.85 1.83 2.14 2.46 2.52 2.90
ROE 2.47 1.93 5.76 2.26 7.89 6.18 5.20 5.58 5.42 7.59
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Stag Industrial, Inc. vs peers in Reit Industrial (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
EGP EastGroup Properties, Inc. $10.5B 34.4× 34.0× +9.05% (above 0%: growing) +16.53% (above 0%: growing) +447.46% (above 0%: growing) 73.78% 40.76% Compare
CUBE CubeSmart $8.7B 26.7× 28.0× +1.48% (above 0%: growing) +11.11% (above 0%: growing) −5.25% (below 0%: shrinking) 66.48% 40.97% Compare
REXR Rexford Industrial Realty, Inc. $8.2B — (loss-making) 27.3× −1.60% (below 0%: shrinking) n/m +30.62% (above 0%: growing) 77.10% 41.60% Compare
FR First Industrial Realty Trust, Inc. $8.1B 21.4× 26.9× +8.20% (above 0%: growing) +38.10% (above 0%: growing) +183.07% (above 0%: growing) 75.40% 45.08% Compare
LINE Lineage, Inc. $7.8B — (loss-making) — (loss-making) +0.81% (above 0%: growing) n/m +91.92% (above 0%: growing) 31.23% 3.97% Compare
TRNO Terreno Realty Corporation $7.0B 17.2× 32.9× +11.12% (above 0%: growing) −40.00% (below 0%: shrinking) −173.91% (below 0%: shrinking) 76.25% 41.77% Compare
STAG Stag Industrial, Inc. $6.9B 27.6× 33.3× +8.08% (above 0%: growing) +3.70% (above 0%: growing) −536.34% (below 0%: shrinking) 79.93% 37.04%
COLD Americold Realty Trust Inc. $4.0B — (loss-making) — (loss-making) +1.87% (above 0%: growing) n/m +63.81% (above 0%: growing) 32.08% (43.42%) Compare
LXP LXP Industrial Trust $3.6B 61.1× 614× +0.45% (above 0%: growing) n/m −175.97% (below 0%: shrinking) 81.64% 16.08% Compare
Median of peers $7.9B 26.7× 30.5× +1.68% +13.82% +47.22% 74.59% 40.87%

All 15 Reit Industrial stocks →

Stag Industrial, Inc. (STAG) key facts

  • Strength: Stag Industrial, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $845.2 million, up 10.1% from fiscal 2024.
  • Stag Industrial, Inc. (STAG) is a Reit Industrial company in the Real Estate sector, listed on the New York Stock Exchange.
  • As of October 16, 2026, STAG traded at $35.83, a market capitalization of $6.9 billion.
  • Stag Industrial, Inc. pays an annual dividend of $1.54 per share, a yield of 4.28%, with a payout ratio of 118.1%.
  • Return on equity was 7.59% and debt-to-equity 0.93.
  • Its Piotroski F-score is 6 out of 9 for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Stag Industrial, Inc. (STAG) Latest News

No news at this impact. Lower the threshold for more.
stockrow.com/STAG · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com