Stag Industrial (STAG) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Stag Industrial

NYSE•Real Estate•REIT - Industrial

$36.26-0.17(<0.01%)Market open

Market Cap

$7.22B

P/E

26.8x

P/S

8.0x

P/B

2.0x

STAG Industrial, Inc. is a real estate investment trust focused on the acquisition, development, ownership and operation of industrial properties throughout the United States. As of June 30, 2026, the Company's portfolio consists of 606 buildings in 41 states with approximately 122.6 million rentable square feet. STAG Industrial, Inc. was established in 2010 and was incorporated in Maryland.

How this company scores

GoodMetricSide Score: 75/100

Strongest: Cash & Earnings Quality (25/25); weakest: Balance Sheet & Red Flags (13/25).

Profitability21/25

Growth16/25

Balance Sheet & Red Flags13/25

Cash & Earnings Quality25/25

Strengths

Rising free cash flowStrong marginsCash-backed earningsConsistent free cash flow

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 26.8x5y range 21.5x – 42.7x

Currently near its 20-quarter median.

P/S · 8.0x5y range 7.9x – 14.6x

Currently near its 20-quarter median.

P/B · 2.0x5y range 1.5x – 2.5x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Share Dilution

Red Flag

Shares outstanding increased 5.3% — significant dilution, likely from stock compensation or capital raises.

Price & Volume

Market Cap $7.22B

Metrics at a Glance

as of September 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $900.52M
Q. Revenue: $231.04M
TTM EBITDA: $658.16M
TTM Op. Income: $339.31M
Q. Op. Income: $88.63M
TTM Net Income: $269.11M
Q. Net Income: $70.71M
EPS: $0.37
Shares Out.: $192.72M

$900.52M in TTM revenue grew 9.3% YoY, reaching $231.04M last quarter. TTM EBITDA of $658.16M and TTM operating income of $339.31M show growth is flowing through to the bottom line. TTM net income of $269.11M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 73.2%
Op. Margin: 38.4%
Net Margin: 30.6%

Op. margin of 38.4% is up 0.3% YoY — cost efficiency is improving. Net margin at 30.6% Over the past year, operating margin is up 1% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 26.8x
P/S Ratio: 8.0x
P/B Ratio: 2.0x

At 26.8x P/E, the stock trades within typical market levels. P/S of 8.0x and P/B of 2.0x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is down 1% — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $7.50B
Cash: $12.22M
Long-Term Debt: $3.42B
Book Value: $3.65B
D/E Ratio: 0.9
Debt/EBITDA: 20.2

With $7.50B in assets and $3.42B in long-term debt, D/E is 0.9and book value is $3.65B — a conservative capital structure with a cushion to weather downturns. Over the past year, debt/equity is up 3% — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $147.50M
TTM Free Cash Flow: $306.06M
FCF Margin: 34.0%
FCF / Net Income: 1.1

TTM FCF of $306.06M on $147.50M in operating cash flow. The FCF / Net Income ratio of 1.1x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has risen for 5 consecutive quarters — an improving trend.