STAG Industrial, Inc. (STAG) Key Metrics
STAG valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $7.05B
- Enterprise value
- $10.51B
- P/E (TTM)
- 27.6 10-yr median 34.7
- Forward P/E
- 144.9
- PEG ratio
- 19.49
- Price / sales
- 8.0 10-yr median 8.5
- Price / book
- 2.0 10-yr median 1.7
- EV / EBITDA
- 14.9 10-yr median 15.4
- Dividend yield
- 4.24% $1.55 a year
- Beta
- 0.96
STAG key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsSTAG valuation Price multiples at each fiscal year-end price.
STAG returns How much profit the business earns on the capital it uses.
STAG per-share figures Results divided by the shares outstanding at year-end.
STAG financial health Debt, liquidity and how easily interest is covered.
STAG efficiency & capital use Working capital cycle and where the cash goes.
STAG valuation history
STAG returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
STAG debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
STAG cash returned to shareholders
STAG price vs earnings per share
STAG key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $6.92B | $6.17B | $7.09B | $5.78B | $7.87B | $4.67B | $3.97B | $2.58B | $2.46B | $1.69B |
| Enterprise value | $10.19B | $9.20B | $9.73B | $8.29B | $10.10B | $6.40B | $5.62B | $3.90B | $3.61B | $2.72B |
| P/E ratio | 25.3 | 32.6 | 36.8 | 32.4 | 40.9 | 23.1 | 80.5 | 27.8 | 78.7 | 49.0 |
| Price / sales | 8.2 | 8.0 | 10.0 | 8.8 | 14.0 | 9.7 | 9.8 | 7.4 | 8.2 | 6.8 |
| Price / book | 1.9 | 1.8 | 2.1 | 1.7 | 2.4 | 1.7 | 1.7 | 1.5 | 1.7 | 1.6 |
| Price / free cash flow | 17.2 | 16.4 | 19.0 | 17.2 | 44.8 | 26.1 | 143.1 | 29.5 | 36.8 | 36.9 |
| Price / operating cash flow | 14.9 | 13.4 | 18.1 | 14.9 | 23.4 | 15.9 | 17.0 | 13.1 | 15.1 | 12.5 |
| EV / sales | 12.1 | 12.0 | 13.7 | 12.6 | 18.0 | 13.2 | 13.9 | 11.1 | 12.0 | 10.9 |
| EV / EBITDA | 14.2 | 15.3 | 17.1 | 15.5 | 20.2 | 13.1 | 19.0 | 12.3 | 15.7 | 13.3 |
| EV / free cash flow | 25.4 | 24.5 | 26.1 | 24.7 | 57.5 | 35.7 | 202.7 | 44.6 | 54.0 | 59.3 |
| Earnings yield | 4.0% | 3.1% | 2.7% | 3.1% | 2.4% | 4.3% | 1.2% | 3.6% | 1.3% | 2.0% |
| Free cash flow yield | 5.8% | 6.1% | 5.3% | 5.8% | 2.2% | 3.8% | 0.7% | 3.4% | 2.7% | 2.7% |
| Dividend yield | 4.1% | 4.5% | 3.8% | 4.6% | 3.1% | 4.8% | 4.8% | 6.2% | 5.7% | 6.9% |
| Shareholder yield (dividends + buybacks) | 4.1% | 4.5% | 3.8% | 4.6% | 4.1% | 4.8% | 4.8% | 6.2% | 5.8% | 11.0% |
| Share price at fiscal year-end | $36.76 | $33.82 | $39.26 | $32.31 | $47.96 | $31.32 | $31.57 | $24.88 | $27.33 | $23.87 |
| Per share | ||||||||||
| Revenue per share | $4.49 | $4.21 | $3.92 | $3.67 | $3.43 | $3.24 | $3.23 | $3.38 | $3.35 | $3.53 |
| Earnings per share | $1.45 | $1.04 | $1.07 | $1.00 | $1.17 | $1.35 | $0.39 | $0.90 | $0.35 | $0.49 |
| Operating cash flow per share | $2.46 | $2.52 | $2.17 | $2.17 | $2.05 | $1.97 | $1.86 | $1.91 | $1.81 | $1.91 |
| Free cash flow per share | $2.14 | $2.06 | $2.06 | $1.87 | $1.07 | $1.20 | $0.22 | $0.84 | $0.74 | $0.65 |
| Cash per share | $0.08 | $0.20 | $0.11 | $0.14 | $0.12 | $0.10 | $0.07 | $0.08 | $0.27 | $0.17 |
| Book value per share | $19.11 | $18.96 | $18.69 | $18.92 | $20.28 | $18.57 | $18.81 | $16.08 | $15.67 | $15.06 |
| Tangible book value per share | $17.01 | $16.60 | $16.25 | $16.04 | $16.79 | $15.19 | $14.99 | $9.49 | $12.13 | $10.83 |
| Dividends per share | $1.51 | $1.51 | $1.48 | $1.49 | $1.50 | $1.50 | $1.51 | $1.53 | $1.57 | $1.66 |
| Capex per share | $0.33 | $0.47 | $0.10 | $0.29 | $0.98 | $0.77 | $1.64 | $1.06 | $1.06 | $1.26 |
| Debt per share | $17.49 | $16.80 | $14.72 | $14.16 | $13.72 | $11.69 | $13.24 | $12.81 | $13.06 | $14.66 |
| Shares outstanding | 188.2M | 182.4M | 180.6M | 178.9M | 164.1M | 149.2M | 125.7M | 103.8M | 90.0M | 70.9M |
| Change in shares outstanding | +3.2% | +1.0% | +0.9% | +9.0% | +10.0% | +18.7% | +21.1% | +15.3% | +27.0% | +6.9% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 7.8% | 5.5% | 5.7% | 5.3% | 6.3% | 7.9% | 2.4% | 6.0% | 2.5% | 3.6% |
| Return on invested capital (ROIC) | 3.8% | 4.3% | 4.0% | 2.1% | 2.2% | 2.2% | 1.6% | 1.4% | 1.3% | 1.1% |
| Return on assets (ROA) | 3.9% | 2.9% | 3.1% | 3.0% | 3.7% | 4.6% | 1.4% | 3.2% | 1.3% | 1.7% |
| Return on tangible assets | 4.0% | 3.0% | 3.3% | 3.1% | 3.7% | 4.8% | 1.3% | 3.8% | 1.3% | 1.8% |
| Free cash flow margin | 47.5% | 48.9% | 52.6% | 51.0% | 31.3% | 37.0% | 6.8% | 24.9% | 22.2% | 18.3% |
| Income quality (OCF / net income) | 1.69 | 2.43 | 2.03 | 2.18 | 1.75 | 1.45 | 4.74 | 2.13 | 5.20 | 3.92 |
| Financial health | ||||||||||
| Total debt | $3.29B | $3.06B | $2.66B | $2.53B | $2.25B | $1.74B | $1.66B | $1.33B | $1.17B | $1.04B |
| Cash & short-term investments | $14.9M | $36.3M | $20.7M | $25.9M | $19.0M | $15.7M | $9.0M | $8.0M | $24.6M | $12.2M |
| Net debt | $3.28B | $3.03B | $2.64B | $2.51B | $2.23B | $1.73B | $1.65B | $1.32B | $1.15B | $1.03B |
| Debt / equity | 0.92 | 0.89 | 0.79 | 0.75 | 0.68 | 0.63 | 0.70 | 0.80 | 0.83 | 0.97 |
| Debt / assets | 0.46 | 0.45 | 0.42 | 0.41 | 0.39 | 0.37 | 0.40 | 0.43 | 0.44 | 0.48 |
| Net debt / EBITDA | 4.56 | 5.05 | 4.62 | 4.69 | 4.46 | 3.54 | 5.60 | 4.17 | 5.00 | 5.03 |
| Current ratio | 0.41 | 0.48 | 0.45 | 0.74 | 0.45 | 0.72 | 0.69 | 0.64 | 0.33 | 0.93 |
| Quick ratio | 0.41 | 0.48 | 0.55 | 0.97 | 0.44 | 0.70 | 0.48 | 0.55 | 0.26 | 0.80 |
| Interest coverage | 2.3 | 2.4 | 2.6 | 2.7 | 2.6 | 2.2 | 2.0 | 1.6 | 1.4 | 1.0 |
| Working capital | −$250.2M | −$289.3M | −$277.3M | −$76.0M | −$216.6M | −$54.1M | −$66.5M | −$58.1M | −$219.1M | −$5.3M |
| Invested capital | $6.87B | $6.49B | $6.01B | $5.89B | $5.56B | $4.50B | $4.02B | $2.99B | $2.56B | $2.09B |
| Tangible asset value | $3.28B | $3.10B | $3.01B | $2.94B | $2.82B | $2.27B | $1.88B | $985.6M | $1.09B | $767.5M |
| Net current asset value | −$3.37B | −$3.03B | −$2.61B | −$2.51B | −$2.26B | −$1.78B | −$1.65B | −$1.33B | −$1.16B | −$1.05B |
| Graham number | $25.00 | $21.03 | $21.19 | $20.59 | $23.13 | $23.79 | $12.88 | $18.00 | $11.07 | $12.85 |
| Graham net-net per share | −$18.09 | −$17.36 | −$15.21 | −$14.79 | −$14.31 | −$12.36 | −$13.73 | −$13.35 | −$13.43 | −$15.29 |
| Capital allocation | ||||||||||
| Dividends paid | $284.0M | $274.9M | $267.6M | $266.8M | $245.7M | $224.3M | $189.6M | $158.9M | $141.0M | $117.4M |
| Share buybacks (net) | — | — | $812,000 | $0 | $75.0M | $0 | $0 | $1.5M | $969,000 | $69.0M |
| Dividend payout ratio | 103.8% | 145.3% | 138.7% | 149.6% | 127.8% | 111.0% | 384.7% | 171.0% | 451.1% | 340.2% |
| Dividends + buybacks / free cash flow | 70.7% | 73.3% | 72.0% | 79.6% | 182.5% | 125.2% | 683.5% | 183.3% | 212.4% | 406.7% |
| Capex / revenue | 7.3% | 11.1% | 2.6% | 8.0% | 28.5% | 23.8% | 50.7% | 31.4% | 31.8% | 35.8% |
| Capex / operating cash flow | 13.3% | 18.5% | 4.7% | 13.6% | 47.7% | 39.1% | 88.1% | 55.8% | 58.9% | 66.1% |
| Capex / depreciation | 0.20 | 0.29 | 0.07 | 0.19 | 0.67 | 0.52 | 1.08 | 0.66 | 0.63 | 0.71 |
| Stock-based compensation / revenue | 1.5% | 1.5% | 1.6% | 1.8% | 2.7% | 2.4% | 2.4% | 2.5% | 3.2% | 3.9% |
| R&D / revenue | — | — | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| SG&A / revenue | 6.1% | 6.4% | 7.0% | 7.1% | 8.7% | 8.3% | 8.9% | 9.7% | 11.1% | 13.3% |
| Efficiency | ||||||||||
| Days sales outstanding | 63.2 | 62.9 | 62.9 | 58.1 | 55.6 | 51.1 | 44.9 | 39.4 | 35.7 | 34.1 |
| Days of inventory on hand | — | — | -152.4 | -90.0 | 15.8 | 104.1 | 146.7 | 100.6 | 104.7 | 67.2 |
| Days payables outstanding | 146.5 | 247.5 | 236.0 | 252.4 | 247.2 | 252.2 | 240.9 | 234.6 | 248.6 | 227.8 |
| Cash conversion cycle (days) | -83.2 | -184.6 | -325.6 | -284.3 | -175.7 | -97.0 | -49.4 | -94.5 | -108.3 | -126.6 |
| Receivables turnover | 5.77 | 5.80 | 5.81 | 6.29 | 6.56 | 7.14 | 8.13 | 9.26 | 10.24 | 10.72 |
| Payables turnover | 2.49 | 1.47 | 1.55 | 1.45 | 1.48 | 1.45 | 1.52 | 1.56 | 1.47 | 1.60 |
| Inventory turnover | — | — | — | — | 23.14 | 3.51 | 2.49 | 3.63 | 3.49 | 5.43 |
| Asset turnover | 0.12 | 0.12 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.12 | 0.12 | 0.12 |
| Average receivables | $146.4M | $132.3M | $121.9M | $104.6M | $85.7M | $67.7M | $49.9M | $37.9M | $29.4M | $23.4M |
| Average payables | $131.1M | $105.0M | $90.3M | $86.9M | $73.1M | $61.8M | $49.6M | $44.4M | $39.3M | $30.5M |
| Average inventory | — | — | −$58.3M | −$31.0M | $4.7M | $25.5M | $30.2M | $19.0M | $16.5M | $9.0M |
| Intangibles / total assets | 5.5% | 6.3% | 7.0% | 8.3% | 9.8% | 10.8% | 11.5% | 22.0% | 11.9% | 13.7% |
Computed from STAG's annual financial statements (latest annual report filed February 11, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
STAG valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), STAG Industrial traded at 25.3 times earnings, against a 10-year median of 34.7. Based on the latest twelve months, the trailing P/E is 27.6 and the forward P/E is 144.9. STAG Industrial earned a return on equity of 7.8% and a return on invested capital of 3.8% in fiscal 2025. It ended the year with $3.3 billion of debt and $14.9 million in cash and short-term investments, net debt of $3.3 billion. It returned $284.0 million to shareholders: $284.0 million in dividends and $0 in share buybacks, 71% of free cash flow. The share count rose 165.6% from 70.9M to 188.2M over 9 years.
See the STAG income statement, the STAG chart for price history, or the STAG stock overview for the latest quote and news.
STAG key metrics FAQ
What is STAG Industrial's P/E ratio?
STAG Industrial's trailing P/E ratio is 27.6 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 144.9. At the end of fiscal 2025 it was 25.3, compared with a 10-year median of 34.7.
What is STAG Industrial's EV/EBITDA?
STAG Industrial's enterprise value was 14.2 times EBITDA at the end of fiscal 2025 (enterprise value $10.2 billion, EBITDA $718.2 million); the current EV/EBITDA is 14.9.
What is STAG Industrial's return on equity?
STAG Industrial's return on equity (ROE) was 7.8% in fiscal 2025: net income of $273.5 million on average shareholders' equity of $3.5 billion.
What is STAG Industrial's ROIC?
STAG Industrial's return on invested capital was 3.8% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does STAG Industrial have?
STAG Industrial had total debt of $3.3 billion at the end of fiscal 2025, a debt-to-equity ratio of 0.92 and $3.3 billion of net debt (4.56 times EBITDA).
What is STAG Industrial's dividend yield?
STAG Industrial's forward dividend yield is 4.24%. STAG Industrial paid $284.0 million in dividends in fiscal 2025 ($1.51 per share), a payout ratio of 103.8%.
What is STAG Industrial's free cash flow yield?
STAG Industrial generated $401.8 million of free cash flow in fiscal 2025, a free cash flow yield of 5.8% on its market value at year-end ($6.9 billion).
What is STAG Industrial's current ratio?
STAG Industrial's current ratio was 0.41 at the end of fiscal 2025: current assets were 0.41 times current liabilities.