Stag Industrial, Inc. - Understand $stag stock

$STAG Market Cap: $6.721 Billion

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Financial Snapshot

Revenue

$751.4M

TTM

Gross Margin

80.21%

TTM

Net Earnings

$179.9M

TTM

Current Assets

$300.3M

Q3 2024

Current Liabilities

$242.1M

Q3 2024

Current Ratio

124.06%

Q3 2024

Total Assets

$6.566B

Q3 2024

Total Liabilities

$3.202B

Q3 2024

Book Value

$3.364B

Q3 2024

Cash

$70.04M

Q3 2024

P/E

37.35

Nov 29, 2024 EST

Free Cash Flow

-$138.4M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Revenue	$707.8M	$657.3M	$562.2M	$483.4M	$406.0M	$351.0M	$301.1M	$250.2M	$218.6M	$173.8M	$133.9M	$84.05M	$49.80M	$25.90M	$29.50M	$30.60M
YoY Change	7.68%	16.93%	16.29%	19.08%	15.66%	16.58%	20.32%	14.46%	25.78%	29.82%	59.3%	68.78%	92.28%	-12.2%	-3.59%	146.77%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Revenue	$707.8M	$657.3M	$562.2M	$483.4M	$406.0M	$351.0M	$301.1M	$250.2M	$218.6M	$173.8M	$133.9M	$84.05M	$49.80M	$25.90M	$29.50M	$30.60M
Cost Of Revenue	$137.1M	$123.3M	$106.2M	$87.90M	$73.90M	$69.00M	$57.70M	$48.90M	$42.60M	$33.40M	$24.00M	$12.80M	$9.300M	$6.100M	$8.400M	$5.800M
Gross Profit	$570.7M	$534.0M	$455.9M	$395.5M	$332.1M	$282.0M	$243.4M	$201.3M	$176.0M	$140.4M	$109.9M	$71.20M	$40.50M	$19.80M	$21.10M	$24.80M
Gross Profit Margin	80.63%	81.24%	81.1%	81.81%	81.81%	80.34%	80.84%	80.44%	80.5%	80.78%	82.08%	84.71%	81.33%	76.45%	71.53%	81.05%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Selling, General & Admin	$49.96M	$49.33M	$50.37M	$41.50M	$37.30M	$34.10M	$33.30M	$33.40M	$28.80M	$26.40M	$17.90M	$14.60M	$8.800M	$900.0K	$1.100M	$1.100M
YoY Change	1.27%	-2.06%	21.37%	11.26%	9.38%	2.4%	-0.3%	15.97%	9.09%	47.49%	22.6%	65.91%	877.78%	-18.18%	0.0%	83.33%
% of Gross Profit	8.75%	9.24%	11.05%	10.49%	11.23%	12.09%	13.68%	16.59%	16.36%	18.8%	16.29%	20.51%	21.73%	4.55%	5.21%	4.44%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$278.4M	$275.0M	$238.7M	$214.7M	$185.5M	$167.6M	$150.9M	$125.4M	$110.4M	$87.70M	$70.60M	$43.50M	$25.30M	$9.600M	$10.70M	$11.90M
YoY Change	1.24%	15.22%	11.16%	15.79%	10.64%	11.09%	20.28%	13.61%	25.9%	24.23%	62.29%	71.94%	163.54%	-10.28%	-10.08%	158.7%
% of Gross Profit	48.79%	51.5%	52.36%	54.3%	55.84%	59.44%	61.99%	62.32%	62.74%	62.47%	64.24%	61.1%	62.47%	48.48%	50.71%	47.98%
Operating Expenses	$333.1M	$328.7M	$291.9M	$258.3M	$224.4M	$203.0M	$186.0M	$160.0M	$140.3M	$114.9M	$86.10M	$57.40M	$33.40M	$9.800M	$11.10M	$13.00M
YoY Change	1.33%	12.6%	13.03%	15.11%	10.54%	9.14%	16.25%	14.04%	22.11%	33.45%	50.0%	71.86%	240.82%	-11.71%	-14.62%	145.28%
Operating Profit	$237.6M	$205.3M	$164.0M	$137.2M	$107.7M	$79.00M	$57.40M	$41.30M	$35.70M	$25.50M	$23.80M	$13.80M	$7.100M	$10.00M	$10.00M	$11.80M
YoY Change	15.75%	25.2%	19.51%	27.39%	36.33%	37.63%	38.98%	15.69%	40.0%	7.14%	72.46%	94.37%	-29.0%	0.0%	-15.25%	110.71%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Interest Expense	$94.58M	$78.02M	$63.48M	$62.34M	$54.65M	$48.82M	$42.47M	$42.92M	$36.10M	$25.11M	$20.32M	$16.11M	-$12.70M	-$13.10M	-$15.70M	-$15.80M
YoY Change	21.22%	22.89%	1.83%	14.08%	11.94%	14.95%	-1.06%	18.91%	43.77%	23.57%	26.13%	-226.85%	-3.05%	-16.56%	-0.63%	107.89%
% of Operating Profit	39.8%	38.01%	38.72%	45.44%	50.74%	61.79%	73.99%	103.93%	101.11%	98.47%	85.37%	116.74%	-178.87%	-131.0%	-157.0%	-133.9%
Other Income/Expense, Net	-$40.41M	-$21.27M	$32.47M	$75.16M	-$47.17M	$23.40M	-$18.23M	$15.65M	-$31.10M	-$22.98M	-$20.31M	-$16.87M	-$3.800M	$0.00	$0.00	$0.00
YoY Change	90.01%	-165.5%	-56.8%	-259.34%	-301.56%	-228.37%	-216.49%	-150.31%	35.34%	13.17%	20.35%	344.03%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Pretax Income	$197.2M	$182.2M	$196.4M	$206.8M	$50.70M	$96.20M	$32.20M	$35.60M	-$29.30M	-$4.700M	$100.0K	-$7.800M	-$10.40M	-$3.100M	-$5.600M	-$7.700M
YoY Change	8.21%	-7.23%	-5.01%	307.89%	-47.3%	198.76%	-9.55%	-221.5%	523.4%	-4800.0%	-101.28%	-25.0%	235.48%	-44.64%	-27.27%	305.26%
Income Tax											$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
% Of Pretax Income											0.0%
Net Earnings	$192.8M	$178.3M	$192.3M	$202.1M	$49.28M	$92.93M	$31.26M	$34.52M	-$27.38M	-$3.693M	$5.522M	-$6.479M	-$6.100M	-$2.900M	-$5.600M	-$7.700M
YoY Change	8.14%	-7.28%	-4.85%	310.19%	-46.97%	197.28%	-9.44%	-226.06%	641.48%	-166.88%	-185.23%	6.21%	110.34%	-48.21%	-27.27%	285.0%
Net Earnings / Revenue	27.24%	27.13%	34.21%	41.82%	12.14%	26.48%	10.38%	13.79%	-12.52%	-2.12%	4.12%	-7.71%	-12.25%	-11.2%	-18.98%	-25.16%
Basic Earnings Per Share
Diluted Earnings Per Share	$1.07	$1.00	$1.172M	$1.355M	$392.2K	$895.0K	$347.8K	$486.6K	-$413.3K	-$68.39K	$4.717K	-$312.0K	-$282.4K	-$134.3K	-$259.3K	-$356.5K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Cash & Short-Term Investments	$20.74M	$25.88M	$18.98M	$15.70M	$9.000M	$8.000M	$24.60M	$12.20M	$12.00M	$23.90M	$6.700M	$19.00M	$16.50M	$1.600M
YoY Change	-19.87%	36.37%	20.9%	74.44%	12.5%	-67.48%	101.64%	1.67%	-49.79%	256.72%	-64.74%	15.15%	931.25%
Cash & Equivalents	$20.74M	$25.88M	$18.98M	$15.70M	$9.000M	$8.000M	$24.60M	$12.20M	$12.00M	$23.90M	$6.700M	$19.00M	$16.50M	$1.600M
Short-Term Investments
Other Short-Term Assets	$80.46M	$71.73M	$60.95M	$43.50M	$38.20M	$36.90M	$25.40M	$20.80M	$18.10M	$22.70M	$16.50M	$1.600M	$1.400M	$500.0K
YoY Change	12.16%	17.69%	40.12%	13.87%	3.52%	45.28%	22.12%	14.92%	-20.26%	37.58%	931.25%	14.29%	180.0%
Inventory
Prepaid Expenses
Receivables	$128.3M	$115.5M	$93.60M	$77.80M	$57.60M	$42.20M	$33.60M	$25.20M	$21.50M	$16.80M	$13.80M	$9.400M	$5.600M	$3.700M
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$200.0K	$800.0K	$400.0K	$0.00
Total Short-Term Assets	$229.5M	$213.1M	$173.5M	$137.0M	$104.8M	$87.10M	$83.60M	$58.20M	$51.60M	$63.40M	$37.20M	$30.80M	$23.90M	$5.800M
YoY Change	7.67%	22.82%	26.67%	30.73%	20.32%	4.19%	43.64%	12.79%	-18.61%	70.43%	20.78%	28.87%	312.07%
Property, Plant & Equipment	$6.002B	$5.894B	$5.650B	$4.551B	$4.014B	$2.992B	$2.568B	$1.822B	$1.564B	$1.310B	$1.007B	$770.1M	$472.3M	$190.9M
YoY Change	1.84%	4.32%	24.17%	13.38%	34.16%	16.52%	40.9%	16.54%	19.35%	30.06%	30.81%	63.05%	147.41%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$1.127M	$5.548M	$4.215M	$5.100M	$45.80M	$14.60M	$23.50M	$9.600M	$8.400M	$6.900M	$6.800M	$10.20M	$9.200M	$2.700M
YoY Change	-79.69%	31.63%	-17.35%	-88.86%	213.7%	-37.87%	144.79%	14.29%	21.74%	1.47%	-33.33%	10.87%	240.74%
Total Long-Term Assets	$6.054B	$5.972B	$5.660B	$4.556B	$4.060B	$3.015B	$2.597B	$2.128B	$1.850B	$1.566B	$1.233B	$974.3M	$600.6M	$205.2M
YoY Change	1.38%	5.52%	24.24%	12.21%	34.64%	16.11%	22.04%	15.01%	18.16%	26.99%	26.56%	62.22%	192.69%
Total Assets	$6.283B	$6.185B	$5.833B	$4.693B	$4.165B	$3.103B	$2.681B	$2.186B	$1.902B	$1.629B	$1.270B	$1.005B	$624.5M	$211.0M
YoY Change
Accounts Payable	$83.15M	$97.37M	$76.48M	$69.80M	$53.70M	$45.50M	$43.20M	$35.40M	$25.70M	$21.60M	$18.60M	$12.10M	$0.00	$3.700M
YoY Change	-14.6%	27.32%	9.56%	29.98%	18.02%	5.32%	22.03%	37.74%	18.98%	16.13%	53.72%		-100.0%
Accrued Expenses	$33.58M	$35.10M	$33.11M	$27.90M	$17.00M
YoY Change	-4.34%	6.02%	18.67%	64.12%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$249.3M	$0.00	$4.400M
YoY Change											-100.0%		-100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$183.7M	$195.6M	$168.6M	$144.9M	$110.2M	$81.40M	$74.10M	$60.30M	$48.60M	$40.40M	$32.70M	$278.4M	$15.60M	$9.300M
YoY Change	-6.09%	16.0%	16.37%	31.49%	35.38%	9.85%	22.89%	24.07%	20.3%	23.55%	-88.25%	1684.62%	67.74%
Long-Term Debt	$2.624B	$2.499B	$2.218B	$1.703B	$1.645B	$1.326B	$1.174B	$1.036B	$980.2M	$686.3M	$556.1M	$229.9M	$296.8M	$203.2M
YoY Change	5.01%	12.65%	30.23%	3.54%	24.07%	12.96%	13.29%	5.7%	42.82%	23.41%	141.89%	-22.54%	46.06%
Other Long-Term Liabilities	$29.91M	$32.43M	$52.77M	$73.40M	$45.60M	$25.60M	$22.40M	$22.80M	$15.20M	$11.10M	$6.900M	$7.400M	$2.100M	$4.300M
YoY Change	-7.77%	-38.55%	-28.1%	60.96%	78.13%	14.29%	-1.75%	50.0%	36.94%	60.87%	-6.76%	252.38%	-51.16%
Total Long-Term Liabilities	$2.654B	$2.531B	$2.271B	$1.777B	$1.691B	$1.352B	$1.196B	$1.059B	$995.4M	$697.4M	$563.0M	$237.3M	$298.9M	$207.5M
YoY Change	4.85%	11.46%	27.82%	5.09%	25.09%	12.98%	12.97%	6.38%	42.73%	23.87%	137.25%	-20.61%	44.05%
Total Liabilities	$2.909B	$2.800B	$2.506B	$1.976B	$1.859B	$1.489B	$1.322B	$1.159B	$1.079B	$765.2M	$667.2M	$577.5M	$393.8M	$219.3M
YoY Change	3.88%	11.76%	26.77%	6.31%	24.88%	12.64%	14.02%	7.39%	41.05%	14.69%	15.53%	46.65%	79.57%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Basic Shares Outstanding	180.2M shares	178.8M shares	163.4M shares	148.8M shares	125.4M shares	103.4M shares	89.54M shares	70.64M shares	66.31M shares	54.09M shares
Diluted Shares Outstanding	180.6M shares	178.9M shares	164.1M shares	149.2M shares	125.7M shares	103.8M shares	90.00M shares	70.85M shares	66.31M shares	54.09M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $6.7215 Billion

About STAG Industrial, Inc.

STAG Industrial, Inc. is a real estate investment company, which engages in acquiring, owning, and managing single-tenant, industrial real estate assets. The company is headquartered in Boston, Massachusetts and currently employs 95 full-time employees. The company went IPO on 2011-04-15. Its platform is designed to identify properties for acquisition that offer relative value across CBRE-EA Tier 1 industrial property types and tenants through the principled application of its proprietary risk assessment model. Its primary business objectives are to own and operate a balanced and diversified portfolio that fits the needs of the markets it operates in, add value to the assets it acquires, and to enhance stockholder value over time by achieving sustainable long-term growth in distributable cash flow from operations. The Company’s portfolio consists of approximately 574 buildings in 41 states. The company has an existing portfolio that includes 20 other properties in the Twin Cities and one in Carlos, Minnesota, spanning a total of nearly 3.5 million square feet.

Industry: Real Estate Investment Trusts Peers: Prologis, Inc. AMERICOLD REALTY TRUST EASTGROUP PROPERTIES INC FIRST INDUSTRIAL REALTY TRUST INC INNOVATIVE INDUSTRIAL PROPERTIES INC LXP Industrial Trust Rexford Industrial Realty, Inc. Terreno Realty Corp