STAG
$36.59+2.12%
Stag Industrial Inc.Stock · Real EstateUS REITs · 0.4% of VNQRussell 1000 · 0.01% of IWBUS Stock Market · 0.01% of VTIRussell 3000 · 0.010% of IWV
STAG financial statements
The full income statement, balance sheet, and cash-flow statement for Stag Industrial Inc. (STAG), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 182.1M2024-09 182.2M2024-12 186.6M2025-03 186.6M2025-06 186.7M2025-09 186.8M2025-12 191.0M2026-03 191.2M2026-06 192.8M+5.9% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
PeriodRangeOrderChangeFiguresAs-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 845M+10.1% | 767M+8.4% | 708M+7.7% | 657M+16.9% | 562M+16.3% | ||
| Lease income | 843M+10.5% | 763M+8.2% | 705M+7.8% | 654M+17.0% | 559M+15.9% | |
| Selling, general & administrative | 51.9M+5.6% | 49.2M+3.6% | 47.5M+1.1% | 47.0M-3.4% | 48.6M+21.4% | |
| General & administrative | 51.9M+5.6% | 49.2M+3.6% | 47.5M+1.1% | 47.0M-3.4% | 48.6M+21.4% | |
| Interest expense | 132M+16.8% | 113M+19.7% | 94.6M+21.2% | 78.0M+22.9% | 63.5M+1.8% | |
| Other non-operating income | -37.7M+46.0% | -69.7M-72.5% | -40.4M-90.0% | -21.3M-165.5% | 32.5M-56.8% | |
| 274M+44.6% | 189M-1.9% | 193M+8.1% | 178M-7.3% | 192M-4.9% | ||
| Net income to non-controlling interest | 5.75M+42.1% | 4.05M-7.1% | 4.36M+11.5% | 3.91M-4.6% | 4.10M-11.8% | |
| Net income to common | 273M+44.6% | 189M-1.9% | 193M+8.2% | 178M-5.4% | 188M-4.3% | |
| Weighted-avg shares (basic) | 187M+2.6% | 182M+1.1% | 180M+0.8% | 179M+9.4% | 163M+9.8% | |
| Weighted-avg shares (diluted) | 187M+2.6% | 182M+1.0% | 181M+0.9% | 179M+9.0% | 164M+10.0% | |
| Dividends per share | $1.49+0.7% | $1.48+0.7% | $1.47-1.2% | $1.49+2.6% | $1.45+0.7% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Cash & equivalents | 14.9M-58.9% | 36.3M+74.9% | 20.7M-19.9% | 25.9M+36.4% | 19.0M+21.2% | |
| 7.21B+5.5% | 6.83B+8.8% | 6.28B+1.6% | 6.18B+6.0% | 5.83B+24.3% | ||
| Operating lease right-of-use | 32.7M+5.0% | 31.2M+5.4% | 29.6M-5.6% | 31.3M+5.9% | 29.6M+16.5% | |
| Goodwill | — | — | — | 4.90M+0.0% | 4.90M+0.0% | |
| Intangible assets | 395M-7.9% | 429M-1.6% | 436M-14.4% | 509M-10.3% | 568M+13.6% | |
| 3.54B+7.0% | 3.30B+16.4% | 2.84B+4.1% | 2.73B+11.8% | 2.44B+27.0% | ||
| Long-term debt | 3.27B+7.8% | 3.03B+15.4% | 2.62B+5.0% | 2.50B+12.6% | 2.22B+30.2% | |
| Operating lease liability (total) | 37.0M+4.9% | 35.3M+5.1% | 33.6M-4.3% | 35.1M+6.0% | 33.1M+18.7% | |
| 3.60B+4.0% | 3.46B+2.5% | 3.37B-0.3% | 3.38B+1.7% | 3.33B+22.5% | ||
| Preferred stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00-100.0% | |
| Common stock | 1.91M+2.4% | 1.86M+2.6% | 1.82M+1.4% | 1.79M+0.8% | 1.78M+12.3% | |
| Additional paid-in capital | 4.62B+3.8% | 4.45B+4.2% | 4.27B+2.0% | 4.19B+1.4% | 4.13B+20.7% | |
| Retained earnings | -1.03B-0.5% | -1.03B-8.5% | -949M-8.3% | -876M-10.6% | -792M-6.8% | |
| Accumulated other comprehensive income | 11.9M-66.7% | 35.6M-27.7% | 49.2M-30.2% | 70.5M+698.3% | -11.8M+70.6% | |
| Non-controlling interest | — | — | 71.1M-3.0% | 73.4M+11.3% | 65.9M+20.1% | |
| Total equity incl. non-controlling | 3.67B+4.0% | 3.53B+2.4% | 3.45B-0.4% | 3.46B+1.9% | 3.39B+22.5% | |
| Total liabilities & equity | 7.21B+5.5% | 6.83B+8.8% | 6.28B+1.6% | 6.18B+6.0% | 5.83B+24.3% | |
| Common shares issued | 191M+2.4% | 187M+2.7% | 182M+1.4% | 179M+0.8% | 178M+3834.6% | |
| Common shares outstanding | 191M+2.4% | 187M+2.7% | 182M+1.4% | 179M+0.8% | 178M+12.4% | |
| Shares outstanding (cover) | 191M+2.4% | 187M+2.6% | 182M+1.4% | 179M+0.8% | 178M+12.3% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 463M+0.7% | 460M+17.7% | 391M+0.8% | 388M+15.4% | 336M+14.4% | ||
| Depreciation & amortization | 302M+3.0% | 293M+5.3% | 278M+1.2% | 275M+15.2% | 239M+11.2% | |
| Share-based compensation | 12.7M+8.3% | 11.7M+2.2% | 11.5M-4.8% | 12.1M-19.3% | 15.0M+28.0% | |
| Change in receivables | -1.16M+74.9% | -4.61M-140.6% | -1.92M-129.7% | 6.44M+17783.3% | 36.0K-99.2% | |
| -497M+32.0% | -731M-128.2% | -320M+28.4% | -448M+63.3% | -1.22B-120.0% | ||
| Capital expenditure | 205M+35.9% | 150M+39.5% | 108M-3.4% | 112M+182.6% | 39.5M-29.1% | |
| Free cash flow | 259M-16.5% | 310M+9.4% | 283M+2.5% | 276M-6.9% | 297M+24.5% | |
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other investing activities | 0.00 | 0.00+100.0% | -511K-14.8% | -445K+56.5% | -1.02M | |
| 97.4M-66.0% | 286M+478.4% | -75.7M-219.8% | 63.2M-92.9% | 887M+229.6% | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 157M-6.3% | 167M+140.7% | 69.5M+26.9% | 54.8M-92.3% | 707M+61.2% | |
| Common stock repurchased | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Dividends paid | 284M+3.3% | 275M+2.7% | 268M+0.3% | 267M+8.6% | 246M+9.6% | |
| Net change in cash | 63.5M+309.0% | 15.5M+415.5% | -4.92M-237.0% | 3.59M+25.8% | 2.86M-66.3% | |
| Interest paid | 128M+17.3% | 109M+20.9% | 90.0M+23.7% | 72.7M+24.6% | 58.4M-0.5% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 7.02B+11.3% | 6.31B-11.5% | 7.13B+23.1% | 5.79B-32.2% | 8.53B+72.0% | |
| P/E | 25.7×-23.0% | 33.3×-15.4% | 39.4×+59.8% | 24.7×-44.4% | 44.4×+80.8% | |
| P/S | 8.3×+1.1% | 8.2×-19.9% | 10.3×+12.4% | 9.1×-39.9% | 15.2×+47.9% | |
| P/B | 2.0×+7.0% | 1.8×-12.5% | 2.1×+23.2% | 1.7×-34.0% | 2.6×+40.4% | |
| P/FCF | 27.1×+33.2% | 20.4×-24.2% | 26.9×+40.4% | 19.1×-33.5% | 28.8×+38.1% | |
| Earnings yield | 3.9%+29.9% | 3.0%+18.2% | 2.5%-37.4% | 4.1%+80.0% | 2.3%-44.7% | |
| FCF yield | 3.7%-24.9% | 4.9%+32.0% | 3.7%-28.8% | 5.2%+50.3% | 3.5%-27.6% | |
| Dividend yield | 4.1%-7.4% | 4.4%+16.9% | 3.7%-18.7% | 4.6%+52.3% | 3.0%-34.2% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: STAG’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all STAG filings on SEC EDGAR → Not investment advice.