First Industrial Realty Trust, Inc. (FR) vs Stag Industrial, Inc. (STAG)

First Industrial Realty Trust, Inc. and Stag Industrial, Inc. are both Reit Industrial companies. First Industrial Realty Trust, Inc. is the larger, with a market value of $8.4B against $7.2B — 1.2× the size. First Industrial Realty Trust, Inc. trades at the lower P/E: 22.3× against 28.3×. Stag Industrial, Inc. grew revenue faster over the last twelve months: 9.63% against 8.44%. First Industrial Realty Trust, Inc. has the higher net margin (47.9% vs 28.0%) and the higher return on invested capital (3.71% vs 2.92%). Both pay a dividend; Stag Industrial, Inc. yields more (3.92% vs 2.57%). Across the 22 metrics below, First Industrial Realty Trust, Inc. leads on 11 and Stag Industrial, Inc. on 11.

Valuation

Metric FR STAG Reit Industrial median
P/E 22.32 28.30 28.30
P/S 10.68 7.99 8.16
P/B 2.83 1.90 1.89
Price to free cash flow 78.34 n/m 21.44
EV/EBITDA 20.09 16.19 17.97
EV/Sales 13.91 11.82 11.71
Earnings yield 4.48% 3.53% 3.38%
Free cash flow yield 1.28% (4.83%) 2.71%

Profitability

Metric FR STAG Reit Industrial median
Gross margin 73.76% 79.55% 73.76%
Operating margin 41.59% 37.58% 39.85%
Net margin 47.94% 28.04% 28.04%
Free cash flow margin 13.63% (38.56%) 13.63%
Return on equity 13.00% 6.83% 6.83%
Return on assets 6.48% 3.45% 3.45%
Return on invested capital 3.71% 2.92% 2.92%

Growth

Metric FR STAG Reit Industrial median
Revenue growth (TTM) 8.44% 9.63% 3.86%
EPS growth (last fiscal year) (13.82%) 40.38% —
Revenue growth, 5-year CAGR 10.17% 11.82% 13.33%
Net income growth, 5-year CAGR 4.76% 6.80% 9.91%

Health

Metric FR STAG Reit Industrial median
Debt to equity 0.89 0.93 0.84
Current ratio 1.44 1.76 0.78
Net debt to EBITDA 4.87 5.12 4.76

Dividend

Metric FR STAG Reit Industrial median
Dividend yield 2.57% 3.92% 3.14%
Payout ratio 0.51 1.36 1.14

Size

Metric FR STAG Reit Industrial median
Market cap 8.41b 7.19b 8.24b

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