STAG INDUSTRIAL financials
$36.89−0.32%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $843.0M | $762.9M | $705.2M | $657.3M | $559.4M | $483.4M | $405.9M | $351.0M | $301.1M | $250.2M |
| Gross profit | $671.2M | $608.1M | $565.6M | $531.6M | $451.4M | $394.1M | $330.8M | $282.0M | $243.4M | $201.3M |
| Gross margin | 79.6% | 79.7% | 80.2% | 80.9% | 80.7% | 81.5% | 81.5% | 80.3% | 80.8% | 80.5% |
| Operating income | $318.8M | $274.8M | $237.6M | $203.5M | $161.2M | $133.8M | $97.8M | $72.8M | $50.4M | $19.9M |
| Net income | $273.4M | $189.0M | $192.6M | $178.1M | $188.2M | $196.7M | $43.8M | $82.4M | $21.1M | $20.2M |
| Net margin | 32.4% | 24.8% | 27.3% | 27.1% | 33.6% | 40.7% | 10.8% | 23.5% | 7.0% | 8.1% |
| Diluted EPS | $1.46 | $1.04 | $1.07 | $1.00 | $1.15 | $1.32 | $0.35 | $0.79 | $0.23 | $0.29 |
| EBITDA | $619.6M | $561.0M | $516.1M | $480.0M | $402.0M | $356.3M | $297.9M | $250.8M | $212.8M | $173.0M |
| Operating cash flow | $463.4M | $460.3M | $391.1M | $387.9M | $336.2M | $293.9M | $233.4M | $197.8M | $162.1M | $135.8M |
| Free cash flow | -$143.0M | -$318.4M | -$20.8M | -$145.5M | -$915.4M | -$423.8M | -$826.7M | -$401.6M | -$381.0M | -$272.3M |
| Diluted shares | 187.2M | 182.4M | 180.6M | 178.9M | 164.1M | 149.2M | 125.7M | 103.8M | 90.0M | 70.9M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $14.9M | $36.3M | $20.7M | $25.9M | $19.0M | $15.7M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $3.25B | $3.03B | $2.62B | $2.50B | $2.22B | $1.70B |
| Total assets | $7.21B | $6.83B | $6.28B | $6.18B | $5.83B | $4.69B |
| Total liabilities | $3.54B | $3.30B | $2.84B | $2.73B | $2.44B | $1.92B |
| Shareholders' equity | $3.67B | $3.53B | $3.45B | $3.46B | $3.39B | $2.77B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology