STAG

MKT CAP:$7B

STAG Industrial, Inc.

Market Cap

$7B

Real Estate·REIT - Industrial·🇺🇸 United States·NYSE

Real Estate·REIT - Industrial·🇺🇸·NYSE

Stock Price

$38.86+$1.94 (+5.25%)

Apr 24, 2026

Company Details

STAG 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 in...

CEO

Michael Christopher Chase

IPO Date

Apr 15, 2011

Website

www.stagindustrial.com

Key Metrics TTM

Revenue

$772M

— YoY

Net Income

$187M

EPS (Diluted)

$1.02

Free Cash Flow

$367M

Revenue / Share

$4.13

Gross Margin

79.9%

Operating Margin

35.4%

Net Margin

24.2%

FCF Margin

47.6%

P/S

9.7x

P/E

39.9x

Earnings Reports

Q4 2025

Apr 28, 2026

PENDING

Q3 2025

Oct 29, 2025

$211MEPS $0.26

FY 2024

Feb 12, 2025

$767MEPS $1.04

Q2 2024

Jul 30, 2024

$190MEPS $0.33

Q1 2024

Apr 30, 2024

$188MEPS $0.20

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 16	$61M	$48M	$7M
Q4 23	$183M	$147M	$64M
Q1 24	$188M	$148M	$64M
Q2 24	$190M	$152M	$65M
Q3 25	$211M	$169M	$80M

Valuation

Quarter	P/S	P/E
Q1 16	—	—
Q4 23	—	—
Q1 24	—	—
Q2 24	12.0x	49.7x
Q3 25	9.7x	39.9x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 16	$24M	$18M
Q4 23	$92M	$60M
Q1 24	$105M	$75M
Q2 24	$122M	$80M
Q3 25	$144M	$152M

Capital Expenditures

Quarter	CapEx
Q1 16	$7M
Q4 23	$32M
Q1 24	$30M
Q2 24	$42M
Q3 25	$9M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q3 25	+246.8%	+145.0%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 16	$4M	5.9%
Q4 23	$2M	1.4%
Q1 24	$3M	1.6%
Q2 24	$3M	1.6%
Q3 25	$3M	1.5%

OpEx Breakdown

Quarter	G&A	S&M
Q1 16	$11M	—
Q4 23	$12M	—
Q1 24	$13M	—
Q2 24	$11M	$431.0K
Q3 25	$12M	—

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$35M	$0	$35M
Q2 22	$13M	$0	$13M
Q3 22	$13M	$0	$13M
Q4 22	$26M	$0	$26M
Q1 23	$17M	$0	$17M
Q2 23	$14M	$0	$14M
Q3 23	$11M	$0	$11M
Q4 23	$21M	$0	$21M
Q1 24	$12M	$0	$12M
Q2 24	$33M	$0	$33M
Q3 24	$70M	$0	$70M
Q4 24	$36M	$0	$36M
Q1 25	$9M	$0	$9M
Q2 25	$15M	$0	$15M
Q3 25	$17M	$0	$17M
Q4 25	$15M	$0	$15M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 16	68M	—	—
Q4 23	182M	+167.8%	—
Q1 24	182M	-0.0%	—
Q2 24	182M	+0.1%	—
Q3 25	187M	+2.6%	+174.9%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 16	$895.2K	68
Q4 23	$2M	95
Q1 24	$2M	95
Q2 24	$2M	95
Q3 25	$2M	91

Revenue / Employee