STAG Industrial, Inc. (BMV:STAG)

STAG Industrial Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	821.53	762.89	705.16	654.38	559.43	482.83
Other Revenue	2.08	4.49	2.68	2.97	2.73	0.59
Total Revenue	823.61	767.38	707.84	657.35	562.16	483.41
Revenue Growth (YoY	9.62%	8.41%	7.68%	16.93%	16.29%	19.08%
Property Expenses	166.51	154.83	139.6	125.7	107.99	89.36
Selling, General & Administrative	50.82	49.2	47.49	46.96	48.13	40.07
Depreciation & Amortization	298.2	293.08	278.45	275.04	238.7	214.74
Other Operating Expenses	1.71	2.33	2.19	4.36	2.88	2.03
Total Operating Expenses	517.24	499.44	467.73	452.06	397.69	346.2
Operating Income	306.37	267.95	240.11	205.28	164.47	137.21
Interest Expense	-129.49	-113.17	-94.58	-78.02	-63.48	-62.34
Interest & Investment Income	0.39	0.04	0.07	0.1	0.12	0.45
Other Non-Operating Income	11.84	11.84	-	-	-	-
EBT Excluding Unusual Items	189.11	166.66	145.6	127.37	101.1	75.32
Gain (Loss) on Sale of Assets	66.79	32.27	54.1	57.49	97.98	135.73
Asset Writedown	-0.89	-4.97	-	-1.78	-	-5.58
Other Unusual Items	-8.93	-0.7	-2.5	-0.84	-2.65	1.32
Pretax Income	246.08	193.27	197.2	182.23	196.43	206.8
Earnings From Continuing Operations	246.08	193.27	197.2	182.23	196.43	206.8
Minority Interest in Earnings	-5.09	-4.05	-4.36	-3.91	-4.1	-4.65
Net Income	240.99	189.22	192.85	178.33	192.33	202.15
Preferred Dividends & Other Adjustments	0.17	0.18	0.21	0.24	4.16	5.43
Net Income to Common	240.82	189.04	192.63	178.09	188.18	196.72
Net Income Growth	33.89%	-1.88%	8.14%	-7.28%	-4.85%	310.19%
Basic Shares Outstanding	186	182	180	179	163	149
Diluted Shares Outstanding	186	182	181	179	164	149
Shares Change (YoY)	2.07%	1.02%	0.90%	9.05%	9.97%	18.73%
EPS (Basic)	1.30	1.04	1.07	1.00	1.15	1.32
EPS (Diluted)	1.30	1.04	1.07	1.00	1.15	1.32
EPS Growth	31.16%	-2.91%	7.29%	-13.37%	-12.88%	277.79%
Dividend Per Share	1.487	1.480	1.470	1.460	1.450	1.440
Dividend Growth	0.51%	0.68%	0.69%	0.69%	0.69%	0.70%
Operating Margin	37.20%	34.92%	33.92%	31.23%	29.26%	28.38%
Profit Margin	29.24%	24.63%	27.21%	27.09%	33.47%	40.69%
EBITDA	602.07	560.42	517.67	479.97	405.22	356.29
EBITDA Margin	73.10%	73.03%	73.13%	73.02%	72.08%	73.70%
D&A For Ebitda	295.7	292.48	277.56	274.69	240.75	219.08
EBIT	306.37	267.95	240.11	205.28	164.47	137.21
EBIT Margin	37.20%	34.92%	33.92%	31.23%	29.26%	28.38%
Funds From Operations (FFO)	477.5	458.21	420.77	400.8	332.23	285.19
Adjusted Funds From Operations (AFFO)	-	458.21	420.77	400.8	332.23	285.19
FFO Payout Ratio	59.02%	60.00%	63.59%	66.57%	-	-
Revenue as Reported	823.61	767.38	707.84	657.35	562.16	483.41

Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.