Overview
Compare with KITE REALTY GROUP TRUST, HIGHWOODS PROPERTIES, INC. or National Retail Properties, or pick any stock.
- TickerSTAG on NYSE1
- IndustryReal Estate Investment Trusts1
- HeadquartersBoston, Massachusetts1
- Business addressOne Federal Street, 23Rd Floor, Boston, Ma 021102
- Filer categoryLarge accelerated filer2
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“Cash Rent Change” means the percentage change in the base rent of the lease commenced during the period compared to the base rent of the Comparable Lease for assets included in the Operating Portfolio. The calculation compares the first base rent payment due after the lease commencement date compared to the base rent of the last monthly payment due prior to the termination of the lease, excluding holdover rent. Rent under gross or similar type leases are converted to a net rent based on an estimate of the applicable recoverable expenses.4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Other costs68¢$571.7M
- Profit32¢$273.5M
Out of $845.2M in revenue.5
Where each dollar of operating cash went, fiscal 2025
- Dividends paid61¢$284.0M
- Kept or used elsewhere39¢$179.4M
Out of $463.4M of cash from operations.5
Financial statements
Every line of the income statement as filed: the last 3 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Rental income | $843.0M | $762.9M | $705.2M |
| Other income | $2.2M | $4.5M | $2.7M |
| Total revenue | $845.2M | $767.4M | $707.8M |
| Property | $171.8M | $154.8M | $139.6M |
| General and administrative | $51.9M | $49.2M | $47.5M |
| Depreciation and amortization | $301.8M | $293.1M | $278.4M |
| Loss on impairment | $888.0K | $5.0M | $0 |
| Other expenses | $1.8M | $2.3M | $4.7M |
| Total expenses | $528.2M | $504.4M | $470.2M |
| Interest and other income | $385.0K | $44.0K | $68.0K |
| Interest expense | -$132.2M | -$113.2M | -$94.6M |
| Debt extinguishment and modification expenses | -$1.5M | -$703.0K | $0 |
| Gain on involuntary conversion | $1.9M | $11.8M | $0 |
| Gain on the sales of rental property, net | $93.8M | $32.3M | $54.1M |
| Total other income (expense) | -$37.7M | -$69.7M | -$40.4M |
| Net income | $279.3M | $193.3M | $197.2M |
| Less: income attributable to noncontrolling interest in operating partnership | $5.8M | $4.0M | $4.4M |
| Net income attributable to STAG Industrial, Inc. | $273.5M | $189.2M | $192.8M |
| Less: amount allocated to participating securities | $169.0K | $182.0K | $212.0K |
| Net income attributable to common stockholders | $273.4M | $189.0M | $192.6M |
| Weighted average common shares outstanding basic | 186.8M shares | 182.2M shares | 180.2M shares |
| Weighted average common shares outstanding diluted | 187.2M shares | 182.4M shares | 180.6M shares |
| Net income per share attributable to common stockholders basic | $1 | $1 | $1 |
| Net income per share attributable to common stockholders diluted | $1 | $1 | $1 |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Land | $811.6M | $771.8M | ||
| Buildings and improvements, net of accumulated depreciation of $1,119,931 and $1,085,866, respectively | $5.6B | $5.3B | ||
| Deferred leasing intangibles, net of accumulated amortization of $425,502 and $386,627, respectively | $395.0M | $428.9M | ||
| Total rental property, net | $6.8B | $6.5B | ||
| Cash and cash equivalents | $14.9M | $36.3M | ||
| Restricted cash | $86.0M | $1.1M | ||
| Tenant accounts receivable | $156.5M | $136.4M | ||
| Prepaid expenses and other assets | $104.5M | $96.2M | ||
| Interest rate swaps | $13.5M | $36.5M | ||
| Operating lease right-of-use assets | $32.7M | $31.2M | ||
| Total assets | $7.2B | $6.8B | ||
| Unsecured credit facility | $262.0M | $409.0M | ||
| Unsecured term loans, net | $1.0B | $1.0B | ||
| Unsecured notes, net | $2.0B | $1.6B | ||
| Mortgage note, net | $4.0M | $4.2M | ||
| Accounts payable, accrued expenses and other liabilities | $135.4M | $126.8M | ||
| Interest rate swaps | $1.3M | $0 | ||
| Tenant prepaid rent and security deposits | $59.2M | $56.2M | ||
| Dividends and distributions payable | $24.2M | $23.5M | $22.7M | |
| Deferred leasing intangibles, net of accumulated amortization of $34,098 and $31,368, respectively | $25.6M | $33.3M | ||
| Operating lease liabilities | $37.0M | $35.3M | ||
| Total liabilities | $3.5B | $3.3B | ||
| Preferred stock, par value $0.01 per share, 20,000,000 shares authorized at December 31, 2025 and December 31, 2024; none issued or outstanding | $0 | $0 | ||
| Common stock, par value $0.01 per share, 300,000,000 shares authorized at December 31, 2025 and December 31, 2024, 191,005,261 and 186,517,523 shares issued and outstanding at December 31, 2025 and December 31, 2024, respectively | $1.9M | $1.9M | ||
| Additional paid-in capital | $4.6B | $4.4B | ||
| Cumulative dividends in excess of earnings | -$1.0B | -$1.0B | ||
| Accumulated other comprehensive income | $11.9M | $35.6M | ||
| Total stockholders equity | $3.6B | $3.5B | ||
| Noncontrolling Interest in Operating Partnerships | $71.3M | $69.9M | ||
| Noncontrolling interest in joint ventures | $4.0M | $1.5M | ||
| Total equity | $3.7B | $3.5B | $3.4B | $3.5B |
| Total liabilities and equity | $7.2B | $6.8B |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Land | $811.6M | $771.8M | ||
| Buildings and improvements, net of accumulated depreciation of $1,119,931 and $1,085,866, respectively | $5.6B | $5.3B | ||
| Deferred leasing intangibles, net of accumulated amortization of $425,502 and $386,627, respectively | $395.0M | $428.9M | ||
| Total rental property, net | $6.8B | $6.5B | ||
| Cash and cash equivalents | $14.9M | $36.3M | ||
| Restricted cash | $86.0M | $1.1M | ||
| Tenant accounts receivable | $156.5M | $136.4M | ||
| Prepaid expenses and other assets | $104.5M | $96.2M | ||
| Interest rate swaps | $13.5M | $36.5M | ||
| Operating lease right-of-use assets | $32.7M | $31.2M | ||
| Total assets | $7.2B | $6.8B | ||
| Unsecured credit facility | $262.0M | $409.0M | ||
| Unsecured term loans, net | $1.0B | $1.0B | ||
| Unsecured notes, net | $2.0B | $1.6B | ||
| Mortgage note, net | $4.0M | $4.2M | ||
| Accounts payable, accrued expenses and other liabilities | $135.4M | $126.8M | ||
| Interest rate swaps | $1.3M | $0 | ||
| Tenant prepaid rent and security deposits | $59.2M | $56.2M | ||
| Dividends and distributions payable | $24.2M | $23.5M | $22.7M | |
| Deferred leasing intangibles, net of accumulated amortization of $34,098 and $31,368, respectively | $25.6M | $33.3M | ||
| Operating lease liabilities | $37.0M | $35.3M | ||
| Total liabilities | $3.5B | $3.3B | ||
| Preferred stock, par value $0.01 per share, 20,000,000 shares authorized at December 31, 2025 and December 31, 2024; none issued or outstanding | $0 | $0 | ||
| Common stock, par value $0.01 per share, 300,000,000 shares authorized at December 31, 2025 and December 31, 2024, 191,005,261 and 186,517,523 shares issued and outstanding at December 31, 2025 and December 31, 2024, respectively | $1.9M | $1.9M | ||
| Additional paid-in capital | $4.6B | $4.4B | ||
| Cumulative dividends in excess of earnings | -$1.0B | -$1.0B | ||
| Accumulated other comprehensive income | $11.9M | $35.6M | ||
| Total stockholders equity | $3.6B | $3.5B | ||
| Noncontrolling Interest in Operating Partnerships | $71.3M | $69.9M | ||
| Noncontrolling interest in joint ventures | $4.0M | $1.5M | ||
| Total equity | $3.7B | $3.5B | $3.4B | $3.5B |
| Total liabilities and equity | $7.2B | $6.8B |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net income | $279.3M | $193.3M | $197.2M |
| Depreciation and amortization | $301.8M | $293.1M | $278.4M |
| Loss on impairment | $888.0K | $5.0M | $0 |
| Gain on involuntary conversion | -$1.9M | -$11.8M | $0 |
| Non-cash portion of interest expense | $5.4M | $4.5M | $3.9M |
| Amortization of above and below market leases, net | -$2.5M | -$602.0K | -$887.0K |
| Straight-line rent adjustments, net | -$19.4M | -$14.4M | -$16.6M |
| Debt extinguishment and modification expenses | $30.0K | $36.0K | $0 |
| Gain on the sales of rental property, net | -$93.8M | -$32.3M | -$54.1M |
| Non-cash compensation expense | $12.7M | $11.7M | $11.5M |
| Tenant accounts receivable | $1.2M | $4.6M | $1.9M |
| Prepaid expenses and other assets | -$28.0M | -$27.4M | -$23.9M |
| Accounts payable, accrued expenses and other liabilities | $4.6M | $22.7M | -$9.2M |
| Tenant prepaid rent and security deposits | $3.1M | $11.9M | $2.9M |
| Total adjustments | $184.1M | $267.0M | $193.9M |
| Net cash provided by operating activities | $463.4M | $460.3M | $391.1M |
| Additions of land and buildings and improvements | -$398.4M | -$624.7M | -$304.0M |
| Acquisitions of land and buildings and improvements | -$204.5M | -$150.4M | -$107.9M |
| Acquisitions of other assets | -$167.0K | -$243.0K | $0 |
| Payment to acquire operating lease right-of-use assets | -$3.5M | -$3.6M | $0 |
| Proceeds from sale of rental property, net | $164.2M | $126.5M | $105.6M |
| Acquisitions of tenant prepaid rent | $0 | $0 | $511.0K |
| Acquisition deposits, net | -$350.0K | -$450.0K | $3.9M |
| Acquisitions of deferred leasing intangibles | -$58.1M | -$81.7M | -$18.5M |
| Acquisition of operating lease liabilities | $3.5M | $3.6M | $0 |
| Net cash used in investing activities | -$497.3M | -$731.1M | -$320.3M |
| Proceeds from unsecured credit facility | $1.4B | $2.0B | $1.2B |
| Repayment of unsecured credit facility | -$1.5B | -$2.0B | -$940.0M |
| Proceeds from unsecured term loans | $55.0M | $0 | $0 |
| Repayment of unsecured term loans | -$55.0M | $0 | $0 |
| Proceeds from unsecured notes | $550.0M | $450.0M | $0 |
| Repayments of Unsecured Debt | -$175.0M | -$50.0M | -$100.0M |
| Repayment of mortgage notes | -$223.0K | -$215.0K | -$3.5M |
| Payment of loan fees and costs | -$4.9M | -$12.5M | -$270.0K |
| Dividends and distributions | -$284.0M | -$274.9M | -$267.6M |
| Proceeds from sales of common stock, net | $156.7M | $167.3M | $69.5M |
| Repurchase and retirement of share-based compensation | -$649.0K | -$1.0M | -$812.0K |
| Proceeds from (Payments to) Noncontrolling Interests | $2.5M | $651.0K | $0 |
| Net cash provided by (used in) financing activities | $97.4M | $286.3M | -$75.7M |
| Increase (decrease) in cash and cash equivalents and restricted cash | $63.5M | $15.5M | -$4.9M |
| Cash paid for interest, net of amounts capitalized of $3,612, $2,268, and $2,600 for 2025, 2024, and 2023, respectively | $127.7M | $108.8M | $90.0M |
| Acquisitions of land and buildings and improvements | -$780.0K | -$3.3M | -$66.0K |
| Acquisitions of deferred leasing intangibles | -$129.0K | -$357.0K | -$6.0K |
| Additions to building and other capital improvements from involuntary conversion | -$1.9M | $14.8M | $0 |
| Partial disposal due to involuntary conversion of building | $0 | $0 | $3.0M |
| Investing other receivables due to involuntary conversion of building | $0 | $3.0M | -$3.0M |
| Change in additions of land, building, and improvements included in accounts payable, accrued expenses and other liabilities | -$657.0K | -$19.1M | $2.8M |
| Additions to building and other capital improvements from non-cash compensation | $266.0K | $205.0K | $92.0K |
| Change in loan fees, costs, and offering costs included in accounts payable, accrued expenses and other liabilities | -$296.0K | -$563.0K | -$30.0K |
| Contributions from noncontrolling interest in joint ventures | $0 | -$874.0K | $0 |
| Capitalized interest | $3.6M | $2.3M | $2.6M |
No quarter-by-quarter statement was filed.
Corporate structure
STAG Industrial, Inc. sits at the top of its group. 118 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of STAG Industrial, Inc.
- VANGUARD CAPITAL MANAGEMENT LLC Filed SCHEDULE 13G on STAG Industrial, Inc., latest Apr 30, 2026
- VANGUARD PORTFOLIO MANAGEMENT LLC Filed SCHEDULE 13G on STAG Industrial, Inc., latest Apr 29, 2026
- VANGUARD GROUP INC Filed SCHEDULE 13G/A on STAG Industrial, Inc., latest Mar 27, 2026 (4 filings since Feb 10, 2022)
- State Street Corporation Filed SCHEDULE 13G on STAG Industrial, Inc., latest Feb 9, 2026 (4 filings since Jan 29, 2024)
- FMR LLC Filed SCHEDULE 13G/A on STAG Industrial, Inc., latest Aug 6, 2025 (2 filings since May 12, 2025)
- BlackRock Filed SC 13G/A on STAG Industrial, Inc., latest Jan 23, 2024 (4 filings since Jan 26, 2022)
- STAG Industrial, Inc. Boston, Massachusetts
- STAG Allentown, LLC Subsidiary · Delaware, United States
- STAG Arlington 2, L.P. Subsidiary · Delaware, United States
- STAG Belvidere IV, LLC Subsidiary · Delaware, United States
- STAG Belvidere IX, LLC Subsidiary · Delaware, United States
- STAG Belvidere V, LLC Subsidiary · Delaware, United States
- STAG Belvidere VI, LLC Subsidiary · Delaware, United States
- STAG Belvidere VIII, LLC Subsidiary · Delaware, United States
- STAG Burlington 3, LLC Subsidiary · Delaware, United States
- STAG Burlington, LLC Subsidiary · Delaware, United States
- STAG CA GP, LLC Subsidiary · Delaware, United States
- STAG CA Holdings, LP Subsidiary · Delaware, United States
- STAG Columbia, LLC Subsidiary · Delaware, United States
- STAG Concord Investor, LLC Subsidiary · Delaware, United States
- STAG Concord JV, LLC Subsidiary · Delaware, United States
- STAG Concord, LLC Subsidiary · Delaware, United States
- STAG De Pere, LLC Subsidiary · Delaware, United States
- STAG Duncan, LLC Subsidiary · Delaware, United States
- STAG Edgefield, LLC Subsidiary · Delaware, United States
- STAG El Paso 1, LP Subsidiary · Delaware, United States
- STAG El Paso 2, LP Subsidiary · Delaware, United States
- STAG El Paso 3, LP Subsidiary · Delaware, United States
- STAG El Paso 4, LP Subsidiary · Delaware, United States
- STAG El Paso 5, LP Subsidiary · Delaware, United States
- STAG El Paso, LP Subsidiary · Delaware, United States
- STAG Elizabethtown, LLC Subsidiary · Delaware, United States
- and 92 more
Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What STAG Industrial, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Land | $811.6M5 Dec 31, 2025 | $771.8M5 Dec 31, 2024 | +5.2% |
| Operating-lease assets (leased space) | $32.7M5 Dec 31, 2025 | $31.2M5 Dec 31, 2024 | +5.0% |
Real estate and locations
| Item | Latest | A year before | Change |
|---|---|---|---|
| Real estate investments, net | $6.8B5 Dec 31, 2025 | $6.5B5 Dec 31, 2024 | +4.7% |
| Real estate accumulated depreciation | $1.1B5 Dec 31, 2025 | $1.1B5 Dec 31, 2024 | +3.1% |
| Real estate properties | 6015 Dec 31, 2025 | 5919 Dec 31, 2024 | +1.7% |
| Area of real estate | 120.0 million sq ft5 Dec 31, 2025 | 116.6 million sq ft9 Dec 31, 2024 | +2.9% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $14.9M5 Dec 31, 2025 | $36.3M5 Dec 31, 2024 | −58.9% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Intangible assets, net (excluding goodwill) | $395.0M5 Dec 31, 2025 | $428.9M5 Dec 31, 2024 | −7.9% |
| Finite-lived intangibles, gross | $820.5M5 Dec 31, 2025 | $815.5M5 Dec 31, 2024 | +0.6% |
| Accumulated amortization | $425.5M5 Dec 31, 2025 | $386.6M5 Dec 31, 2024 | +10.1% |
| Finite-lived intangibles, net | $395.0M5 Dec 31, 2025 | $428.9M5 Dec 31, 2024 | −7.9% |
Properties, in its own words
As of December 31, 2025, we owned the properties in the following table.
Alabama · Birmingham · 4 · 362,916
The rest of Item 2
Montgomery · 1 · 332,000
Moody · 1 · 595,346
Phenix City · 1 · 117,568
Arkansas · Bryant · 1 · 300,160
Rogers · 1 · 400,000
Arizona · Avondale · 1 · 186,643
Chandler · 1 · 104,352
Gilbert · 1 · 41,504
Mesa · 1 · 71,030
Phoenix · 1 · 80,000
Tucson · 1 · 129,047
California · Fresno · 2 · 640,270
Hollister · 1 · 175,325
Lodi · 1 · 400,340
McClellan · 1 · 160,534
Menifee · 2 · 157,146
Morgan Hill · 2 · 107,126
Rancho Cordova · 2 · 106,718
Roseville · 1 · 114,597
Sacramento · 8 · 976,557
San Diego · 1 · 205,440
Stockton · 3 · 263,716
West Sacramento · 2 · 291,780
Colorado · Grand Junction · 1 · 82,800
Johnstown · 1 · 132,194
Longmont · 1 · 64,750
Loveland · 2 · 195,674
Connecticut · East Windsor · 2 · 271,111
Milford · 2 · 367,700
North Haven · 3 · 824,727
Wallingford · 1 · 105,000
Delaware · New Castle · 1 · 485,987
Florida · Daytona Beach · 1 · 142,857
Fort Myers · 1 · 260,620
Gibsonton · 2 · 298,466
Jacksonville · 5 · 1,256,750
Lake Worth · 3 · 199,916
Lakeland · 1 · 215,280
Orlando · 2 · 370,900
Tampa · 1 · 78,560
West Palm Beach · 1 · 112,353
Georgia · Atlanta · 1 · 175,532
Augusta · 1 · 203,726
Buford · 1 · 103,720
Dallas · 1 · 92,807
Forest Park · 1 · 373,900
LaGrange · 1 · 323,368
Lithonia · 1 · 210,858
Norcross · 1 · 152,036
Savannah · 1 · 504,300
Smyrna · 1 · 102,150
Statham · 1 · 225,692
Stone Mountain · 1 · 78,000
Iowa · Ankeny · 2 · 400,968
Council Bluffs · 1 · 90,000
Des Moines · 2 · 301,381
Marion · 1 · 95,500
Idaho · Idaho Falls · 1 · 78,690
Illinois · Aurora · 1 · 130,000
Bartlett · 1 · 207,575
Batavia · 3 · 261,318
Belvidere · 3 · 536,960
Buffalo Grove · 2 · 231,964
Carol Stream · 1 · 89,381
Cary · 1 · 79,049
Crystal Lake · 4 · 506,096
Elgin · 8 · 1,372,401
Elmhurst · 1 · 72,499
Gurnee · 1 · 338,740
Harvard · 1 · 126,304
Hodgkins · 2 · 518,109
Itasca · 3 · 311,355
Lisle · 1 · 105,925
Machesney Park · 1 · 80,000
McHenry · 2 · 169,311
Monee · 1 · 621,246
Montgomery · 1 · 584,301
New Lenox · 3 · 506,536
Saint Charles · 1 · 102,000
Sauk Village · 1 · 375,785
Schaumburg · 1 · 67,817
St. Charles · 1 · 115,491
Vernon Hills · 1 · 95,486
Waukegan · 1 · 131,252
West Chicago · 7 · 955,432
West Dundee · 1 · 154,475
Wood Dale · 1 · 137,607
Indiana · Elkhart · 2 · 170,100
Fort Wayne · 1 · 108,800
Goshen · 1 · 366,000
Greenwood · 1 · 154,440
Indianapolis · 1 · 78,600
Jeffersonville · 2 · 1,155,832
Lafayette · 3 · 466,400
Lebanon · 3 · 2,230,323
Marion · 1 · 249,920
Portage · 2 · 786,249
South Bend · 1 · 225,000
Whitestown · 1 · 258,000
Yoder · 1 · 764,177
Kansas · Edwardsville · 1 · 270,869
Lenexa · 3 · 581,059
Olathe · 2 · 725,839
Wichita · 3 · 248,550
Kentucky · Bardstown · 1 · 102,318
Danville · 1 · 757,047
Erlanger · 1 · 108,620
Florence · 2 · 641,136
Hebron · 1 · 109,000
Louisiana · Baton Rouge · 3 · 533,230
Shreveport · 1 · 420,259
Massachusetts · Andover · 1 · 60,000
Hudson · 1 · 128,000
Lawrence · 1 · 91,333
Malden · 2 · 109,943
Middleborough · 1 · 80,100
Norton · 1 · 200,000
South Easton · 1 · 86,000
Sterling · 1 · 119,056
Stoughton · 2 · 258,213
Westborough · 1 · 121,700
Wilmington · 1 · 42,919
Woburn · 2 · 96,219
Maryland · Elkridge · 1 · 167,223
Hagerstown · 3 · 1,424,620
Hampstead · 1 · 1,035,249
Hunt Valley · 1 · 46,867
White Marsh · 1 · 103,564
Maine · Biddeford · 2 · 265,126
Gardiner · 1 · 265,000
Portland · 1 · 100,600
Michigan · Belleville · 1 · 160,464
Canton · 1 · 491,049
Chesterfield · 4 · 478,803
Grand Rapids · 4 · 656,262
Holland · 1 · 195,000
Kentwood · 3 · 455,177
Lansing · 4 · 770,425
Livonia · 2 · 285,306
Marshall · 1 · 57,025
Novi · 3 · 685,010
Plymouth · 1 · 125,214
Redford · 1 · 138,912
Romulus · 2 · 578,260
Sterling Heights · 1 · 108,000
Walker · 1 · 210,000
Warren · 4 · 981,540
Wixom · 1 · 126,720
Zeeland · 1 · 230,200
Minnesota · Blaine · 1 · 248,816
Bloomington · 1 · 145,351
Brooklyn Park · 2 · 326,720
Carlos · 1 · 196,270
Eagan · 1 · 276,550
Inver Grove Height · 1 · 80,655
Lakeville · 1 · 360,000
Maple Grove · 2 · 207,875
Mendota Heights · 2 · 183,279
New Hope · 1 · 107,348
Newport · 1 · 83,000
Oakdale · 2 · 210,044
Plymouth · 3 · 357,085
Savage · 1 · 244,050
Shakopee · 3 · 458,189
South Saint Paul · 1 · 422,727
St. Paul · 1 · 316,636
Missouri · Berkeley · 1 · 121,223
Earth City · 1 · 116,783
Fenton · 1 · 127,464
Hazelwood · 1 · 305,550
Kansas City · 5 · 1,930,281
O'Fallon · 2 · 186,854
Mississippi · Southaven · 1 · 556,600
North Carolina · Catawba · 1 · 137,785
Charlotte · 4 · 330,629
Durham · 2 · 420,800
Garner · 1 · 150,000
Greensboro · 2 · 261,909
Huntersville · 1 · 185,570
Lexington · 1 · 201,800
Mebane · 3 · 813,133
Mocksville · 1 · 129,600
Mooresville · 2 · 799,200
Mountain Home · 1 · 146,014
Newton · 1 · 217,200
Pineville · 1 · 75,400
Rural Hall · 1 · 250,000
Salisbury · 1 · 288,000
Smithfield · 1 · 307,845
Troutman · 1 · 301,000
Winston-Salem · 1 · 385,000
Youngsville · 1 · 365,000
Nebraska · Bellevue · 1 · 370,000
La Vista · 1 · 178,368
Omaha · 5 · 464,558
New Hampshire · Londonderry · 1 · 125,060
New Jersey · Branchburg · 1 · 113,973
Burlington · 2 · 756,990
Franklin Township · 1 · 183,000
Lumberton · 1 · 120,000
Moorestown · 3 · 257,061
Mt. Laurel · 1 · 112,294
Piscataway · 1 · 101,381
Swedesboro · 1 · 123,962
Westampton · 1 · 189,434
New Mexico · Santa Teresa · 1 · 92,325
Nevada · Fernley · 1 · 183,435
Las Vegas · 2 · 157,388
Paradise · 2 · 80,422
Reno · 1 · 87,264
Sparks · 2 · 326,986
New York · Buffalo · 1 · 117,000
Cheektowaga · 1 · 121,760
Gloversville · 3 · 211,554
Johnstown · 3 · 159,427
Rochester · 2 · 252,860
Ronkonkoma · 1 · 64,224
Ohio · Bedford Heights · 1 · 173,034
Boardman · 1 · 176,930
Canal Winchester · 3 · 964,472
Columbus · 4 · 1,486,596
Dayton · 1 · 205,761
Etna · 1 · 1,232,149
Item 2 of the 10-K filed Feb 11, 2026.4
Leadership
Who has led STAG Industrial, Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
Chief operating officer
- Chief executive officerWilliam R. Crooker Jan 13, 2023 to now14
- Chief executive officerBenjamin S. Butcher Apr 8, 2011 to Apr 4, 202215
- ChairBenjamin S. Butcher Apr 8, 2011 to May 4, 202315
- PresidentWilliam R. Crooker Jan 12, 2022 to now16
- PresidentBenjamin S. Butcher Apr 8, 2011 to Aug 26, 202115
- Chief financial officerMatts Pinard Jan 12, 2022 to now17
- Chief financial officerWilliam R. Crooker Feb 24, 2016 to Jan 11, 202118
- Chief financial officerGeoffrey G. Jervis Jul 1, 2014 to Jan 12, 201619
- Chief financial officerGregory W. Sullivan Apr 8, 2011 to Jan 6, 201420
- Chief operating officerStephen C. Mecke Apr 8, 2011 to Jan 12, 202221
Board members and other officers (21)
- EVPSteven T. Kimball Apr 4, 2023 to now22
- EVP and CIOMichael Chase Jul 11, 2022 to now23
- Chief Accounting OfficerJaclyn Paul Feb 27, 2020 to now24
- EVP/Chief Technology OfficerPeter S. Fearey Feb 24, 2016 to Jan 8, 201925
- EVP, GC and SecretaryJeffrey M. Sullivan Jan 5, 2015 to now26
- Chief Accounting OfficerWilliam R. Crooker Apr 25, 2014 to Jan 12, 201627
- EVP and Director-Real EstateDavid G. King Apr 8, 2011 to Jan 11, 202128
- Board memberVicki Lundy Wilbon Jul 3, 2024 to now29
- Board memberWilliam R. Crooker Jan 13, 2023 to now14
- Board memberBenjamin S. Butcher Jul 31, 2023 to now30
- Board memberJit Kee Chin Jan 9, 2020 to now31
- Board memberMichelle Dilley Mar 14, 2018 to now32
- Board memberVirgis Colbert Jan 6, 2014 to now33
- Board memberChristopher P. Marr Aug 6, 2012 to now34
- Board memberEdward F. Lange Jr. Apr 19, 2011 to Apr 16, 201235
- Board memberF. Alexander Fraser Apr 19, 2011 to Jun 13, 201336
- Board memberFrancis X. Jacoby Iii. Apr 19, 2011 to now37
- Board memberHans S. Weger Apr 19, 2011 to now38
- Board memberJeffrey D. Furber Apr 19, 2011 to now39
- Board memberLarry T. Guillemette Apr 19, 2011 to now40
- General counselKathryn Arnone Apr 8, 2011 to Sep 25, 201441
Subsidiaries and ownership
Subsidiaries (Exhibit 21)
- STAG Allentown, LLC Delaware3
- STAG Arlington 2, L.P. Delaware3
- STAG Belvidere IV, LLC Delaware3
- STAG Belvidere IX, LLC Delaware3
- STAG Belvidere V, LLC Delaware3
- STAG Belvidere VI, LLC Delaware3
- STAG Belvidere VIII, LLC Delaware3
- STAG Burlington 3, LLC Delaware3
- STAG Burlington, LLC Delaware3
- STAG CA GP, LLC Delaware3
- STAG CA Holdings, LP Delaware3
- STAG Columbia, LLC Delaware3
- STAG Concord Investor, LLC Delaware3
- STAG Concord JV, LLC Delaware3
- STAG Concord, LLC Delaware3
- STAG De Pere, LLC Delaware3
- STAG Duncan, LLC Delaware3
- STAG Edgefield, LLC Delaware3
- STAG El Paso 1, LP Delaware3
- STAG El Paso 2, LP Delaware3
- STAG El Paso 3, LP Delaware3
- STAG El Paso 4, LP Delaware3
- STAG El Paso 5, LP Delaware3
- STAG El Paso, LP Delaware3
All 117 listed subsidiaries
- STAG Elizabethtown, LLC Delaware3
- STAG Fairborn, LLC Delaware3
- STAG GI Investments Holdings, LLC Delaware3
- STAG GI Streetsboro, LLC Delaware3
- STAG Garland, LP Delaware3
- STAG Germantown, LLC Delaware3
- STAG Gloversville 1, LLC Delaware3
- STAG Gloversville 2, LLC Delaware3
- STAG Gloversville 4, LLC Delaware3
- STAG Greer, LLC Delaware3
- STAG Gurnee 2, LLC Delaware3
- STAG Hampstead, LLC Delaware3
- STAG Harvard, LLC Delaware3
- STAG Houston 14, LP Delaware3
- STAG Houston 2, L.P. Delaware3
- STAG III Arlington, L.P. Delaware3
- STAG III Boardman, LLC Delaware3
- STAG III Malden, LLC Delaware3
- STAG IND El Paso 6, LP Delaware3
- STAG IND Houston 11, LP Delaware3
- STAG IND Houston 9, LP Delaware3
- STAG IND Mission, LP Delaware3
- STAG IND Stafford, LP Delaware3
- STAG IV Waco, LP Delaware3
- STAG Industrial GP, LLC Delaware3
- STAG Industrial Holdings II, LLC Delaware3
- STAG Industrial Holdings, LLC Delaware3
- STAG Industrial Management, LLC Delaware3
- STAG Industrial Operating Partnership, L.P. Delaware3
- STAG Industrial TRS, LLC Delaware3
- STAG Investments Holdings III, LLC Delaware3
- STAG Investments Holdings IV, LLC Delaware3
- STAG Johnstown 2, LLC Delaware3
- STAG Johnstown 3, LLC Delaware3
- STAG Johnstown 4, LLC Delaware3
- STAG Katy 2, LP Delaware3
- STAG Katy, LP Delaware3
- STAG Lancaster, LLC Delaware3
- STAG Laurens, LLC Delaware3
- STAG Lebanon, LLC Delaware3
- STAG Livonia 1, LLC Delaware3
- STAG Livonia 2, LLC Delaware3
- STAG Machesney Park, LLC Delaware3
- STAG Maryland Heights Investor, LLC Delaware3
- STAG McHenry 2, LP Delaware3
- STAG Mechanicsburg 1, LLC Delaware3
- STAG Mechanicsburg 2, LLC Delaware3
- STAG Mechanicsburg 3, LLC Delaware3
- STAG Montgomery, LLC Delaware3
- STAG Mooresville 2, LP Delaware3
- STAG NC GP 2, LLC Delaware3
- STAG NC GP, LLC Delaware3
- STAG NC Holdings, LP Delaware3
- STAG New Hope, LLC Delaware3
- STAG North Haven, LLC Delaware3
- STAG Norton, LLC Delaware3
- STAG Omaha 4, LLC Delaware3
- STAG Omaha 5, LLC Delaware3
- STAG O’Hara, LLC Delaware3
- STAG Piedmont 1, LLC Delaware3
- STAG Piedmont 2, LLC Delaware3
- STAG Piedmont 3 LLC Delaware3
- STAG Pineville, LLC Delaware3
- STAG Plymouth 3, LLC Delaware3
- STAG Portage, LLC Delaware3
- STAG Reading, LLC Delaware3
- STAG Reno JV, LLC Delaware3
- STAG Reno, LLC Delaware3
- STAG Rock Hill 2, LLC Delaware3
- STAG Rockwall, LP Delaware3
- STAG Romulus 2, LLC Delaware3
- STAG Ronkonkoma, LLC Delaware3
- STAG Sauk Village, LLC Delaware3
- STAG Shepherdsville Investor, LLC Delaware3
- STAG Shepherdsville JV, LLC Delaware3
- STAG Shepherdsville, LLC Delaware3
- STAG Simpsonville, LLC Delaware3
- STAG South Saint Paul, LLC Delaware3
- STAG Sparks 2, LLC Delaware3
- STAG Spartanburg 3, LLC Delaware3
- STAG Spartanburg, LLC Delaware3
- STAG Stoughton 1, LLC Delaware3
- STAG Stoughton 2, LLC Delaware3
- STAG TX GP 2, LLC Delaware3
- STAG TX GP, LLC Delaware3
- STAG TX Grapevine, LP Delaware3
- STAG TX Holdings, LP Delaware3
- STAG West Columbia 3, LLC Delaware3
- STAG West Houston, LP Delaware3
- STAG York, LLC Delaware3
- STIR Investments GP III, LLC Delaware3
- STIR Investments GP IV, LLC Delaware3
- STIR Investments GP, LLC Delaware3
The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Timeline
- Jul 28, 20268-K Results of operations42
- Jul 22, 20268-K Entered a material agreement; New debt or obligation43
- Apr 29, 20268-K Shareholder vote44
- Apr 28, 20268-K Results of operations45
- Feb 12, 20268-K Other events46
- Feb 11, 20268-K Results of operations47
- Oct 29, 20258-K Results of operations48
- Sep 17, 20258-K Entered a material agreement; New debt or obligation49
- Jul 29, 20258-K Results of operations50
- Apr 30, 20258-K Shareholder vote51
- Apr 29, 20258-K Results of operations52
- Apr 17, 20258-K Entered a material agreement; New debt or obligation53
- Jan 13, 2023New chief executive William R. Crooker becomes CEO14
- Apr 8, 2011New chief executive Benjamin S. Butcher becomes CEO15
Calendar
Coming up
- Oct 27, 2026 · After the closeReports results for the quarter ending Sep/2026 A year earlier it reported $0.65 a share, on Oct 29, 2025.54
When it reported results
- Jul 28, 2026Reported quarterly or annual results42
- Apr 28, 2026Reported quarterly or annual results45
- Feb 11, 2026Reported quarterly or annual results47
- Oct 29, 2025Reported quarterly or annual results48
- Jul 29, 2025Reported quarterly or annual results50
- Apr 29, 2025Reported quarterly or annual results52
- Feb 12, 2025Reported quarterly or annual results55
- Oct 29, 2024Reported quarterly or annual results56
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
420 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 41 major events, 296 insider forms, 16 large holders, 47 other. The latest 20:
- Jul 28, 202610-Q EDGAR
- Jul 28, 20268-K EDGAR
- Jul 22, 20268-K EDGAR
- Jul 16, 20264 EDGAR
- Jul 16, 20264 EDGAR
- Jul 16, 20264 EDGAR
- Jul 16, 20264 EDGAR
- Jul 16, 20264 EDGAR
- Jul 16, 20264 EDGAR
- Jul 16, 20264 EDGAR
- Jul 16, 20264 EDGAR
- Jul 16, 20264 EDGAR
- Jul 16, 20264 EDGAR
- Apr 30, 2026SCHEDULE 13G EDGAR
- Apr 29, 2026SCHEDULE 13G EDGAR
- Apr 29, 20268-K EDGAR
- Apr 28, 202610-Q EDGAR
- Apr 28, 20268-K EDGAR
- Apr 17, 20264 EDGAR
- Apr 17, 20264 EDGAR
The 420 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
32 open-market trades by officers, directors and large owners since October 2021: 0 buys and 32 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Feb 23, 2026 | Pinard MattsEVP, CFO AND TREASURER | Sale | 25,242 | $39.18 | $989.0K | Form 4 |
| Feb 23, 2026 | Crooker William RCEO AND PRESIDENT | Sale | 93,732 | $39.17 | $3.7M | Form 4 |
| Feb 19, 2026 | COLBERT VIRGISDirector | Sale | 18,000 | $38.08 | $685.5K | Form 4 |
| Nov 5, 2025 | Chase MichaelEVP AND CIO | Sale | 13,144 | $38.75 | $509.3K | Form 4 |
| Sep 23, 2025 | Guillemette Larry TDirector | Sale | 2,004 | $35.20 | $70.5K | Form 4 |
| Sep 5, 2025 | Butcher Benjamin SDirector | Sale | 25,000 | $36.91 | $922.8K | Form 4 |
| Jun 6, 2025 | Butcher Benjamin SDirector | Sale | 28,843 | $36.90 | $1.1M | Form 4 |
| Mar 5, 2025 | Guillemette Larry TDirector | Sale | 6,000 | $36.32 | $217.9K | Form 4 |
| Feb 18, 2025 | Butcher Benjamin SDirector | Sale | 50,000 | $35.10 | $1.8M | Form 4 |
| Sep 12, 2024 | Butcher Benjamin SDirector | Sale | 50,000 | $39.23 | $2.0M | Form 4 |
| Aug 1, 2024 | Butcher Benjamin SDirector | Sale | 34,000 | $40.78 | $1.4M | Form 4 |
| Jun 6, 2024 | Butcher Benjamin SDirector | Sale | 30,000 | $34.81 | $1.0M | Form 4 |
| Feb 16, 2024 | Chase MichaelEVP AND CIO | Sale | 14,007 | $39.05 | $547.0K | Form 4 |
| Feb 16, 2024 | Butcher Benjamin SDirector | Sale | 50,000 | $39.06 | $2.0M | Form 4 |
| Dec 21, 2023 | Paul JaclynCHIEF ACCOUNTING OFFICER | Sale | 12,900 | $38.57 | $497.6K | Form 4 |
| Dec 20, 2023 | Sullivan Jeffrey MEVP, GC AND SECRETARY | Sale | 19,650 | $38.84 | $763.2K | Form 4 |
| Dec 20, 2023 | Crooker William RCEO AND PRESIDENT | Sale | 25,000 | $38.84 | $971.0K | Form 4 |
| Dec 20, 2023 | Butcher Benjamin SDirector | Sale | 25,000 | $38.84 | $971.0K | Form 4 |
| Nov 28, 2023 | Butcher Benjamin SDirector | Sale | 9,626 | $35.97 | $346.2K | Form 4 |
| Nov 27, 2023 | Butcher Benjamin SDirector | Sale | 30,340 | $36.32 | $1.1M | Form 4 |
All 32 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- VANGUARD CAPITAL MANAGEMENT LLCSCHEDULE 13G, 1 filing Apr 30, 202657
- VANGUARD PORTFOLIO MANAGEMENT LLCSCHEDULE 13G, 1 filing Apr 29, 202658
- VANGUARD GROUP INCSCHEDULE 13G/A, 4 filings Feb 10, 2022 to Mar 27, 202659
- State Street CorporationSCHEDULE 13G, 4 filings Jan 29, 2024 to Feb 9, 202660
- FMR LLCSCHEDULE 13G/A, 2 filings May 12, 2025 to Aug 6, 202561
- BlackRockSC 13G/A, 4 filings Jan 26, 2022 to Jan 23, 202462
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
| Year | Executive | Age | Salary | Total pay |
|---|---|---|---|---|
| 2025 | William R. CrookerPresident and Chief Executive Officer | $800.0K | $5.9M63 | |
| 2025 | Matts S. PinardExecutive Vice President, Chief Financial Officer and Treasurer | $460.0K | $2.3M63 | |
| 2025 | Michael C. ChaseExecutive Vice President and Chief Investment Officer | $435.0K | $2.3M63 | |
| 2025 | Jeffrey M SullivanExecutive Vice President, General Counsel and Secretary | $450.0K | $2.3M63 | |
| 2025 | Steven T. KimballExecutive Vice President and Chief Operating Officer | $456.2K | $2.2M63 | |
| 2024 | William R. CrookerPresident and Chief Executive Officer | $750.0K | $5.6M63 | |
| 2024 | Matts S. PinardExecutive Vice President, Chief Financial Officer and Treasurer | $450.0K | $2.4M63 | |
| 2024 | Michael C. ChaseExecutive Vice President and Chief Investment Officer | $400.0K | $2.1M63 | |
| 2024 | Jeffrey M SullivanExecutive Vice President, General Counsel and Secretary | $375.0K | $1.9M63 | |
| 2024 | Steven T. KimballExecutive Vice President and Chief Operating Officer | $375.0K | $1.9M63 | |
| 2023 | William R. CrookerPresident and Chief Executive Officer | $675.0K | $4.0M63 | |
| 2023 | Steven T. KimballExecutive Vice President and Chief Operating Officer | $375.0K | $2.2M63 | |
| 2023 | Matts S. PinardExecutive Vice President, Chief Financial Officer and Treasurer | $412.5K | $2.0M63 | |
| 2023 | Michael C. ChaseExecutive Vice President and Chief Investment Officer | $375.0K | $1.9M63 | |
| 2023 | Jeffrey M SullivanExecutive Vice President, General Counsel and Secretary | $375.0K | $1.9M63 |
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| BlackRock, Inc. | 28,826,227 | $1.1B | 0.0% | +183,438 |
| Vanguard Portfolio Management LLC | 17,183,678 | $654.0M | 0.0% | +345,977 |
| Fmr LLC | 12,657,464 | $481.7M | 0.0% | −1,587,645 |
| State Street Corp | 9,180,417 | $352.9M | 0.0% | +11,915 |
| Vanguard Capital Management LLC | 8,653,439 | $329.3M | 0.0% | +80,229 |
| Norges Bank | 8,006,493 | $304.7M | 0.0% | New |
| Nuveen, LLC | 4,437,132 | $168.9M | 0.0% | +389,258 |
| Geode Capital Management, LLC | 4,082,274 | $155.4M | 0.0% | +80,878 |
| Charles Schwab Investment Management Inc | 3,746,095 | $142.6M | 0.0% | +126,995 |
| Jpmorgan Chase & Co | 3,561,060 | $139.8M | 0.0% | +779,969 |
| Alliancebernstein L.P. | 3,680,503 | $132.7M | 0.0% | +82,814 |
| Earnest Partners LLC | 3,309,674 | $126.0M | 0.5% | −98,999 |
| Dimensional Fund Advisors LP | 2,979,868 | $113.4M | 0.0% | −3,363 |
| Northern Trust Corp | 2,689,981 | $102.4M | 0.0% | +786,869 |
| Cbre Investment Management Listed Real Assets LLC | 2,640,424 | $100.5M | 1.4% | −530,195 |
| Boston Trust Walden Corp | 2,440,479 | $92.9M | 0.7% | −109,508 |
| Goldman Sachs Group Inc | 2,335,358 | $88.9M | 0.0% | +1,811,916 |
| Channing Capital Management, LLC | 2,188,052 | $83.3M | 1.9% | −62,800 |
| Two Sigma Investments, LP | 1,982,841 | $75.5M | 0.1% | +290,532 |
| Raymond James Financial Inc | 1,980,582 | $75.4M | 0.0% | +17,652 |
| Bank of New York Mellon Corp | 1,545,049 | $58.8M | 0.0% | −47,879 |
| Segall Bryant & Hamill, LLC | 1,505,847 | $57.3M | 0.7% | +258,632 |
| Bank Of America Corp /de/ | 1,449,914 | $55.2M | 0.0% | −50,622 |
| Woodline Partners LP | 1,445,532 | $55.0M | 0.2% | +258,632 |
| Morgan Stanley | 1,369,564 | $52.1M | 0.0% | +269,109 |
13F reports cover disclosed long positions in U.S. stocks only.
Members of Congress who traded it
9 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.
| Date | Member | Trade | Amount | Vs S&P since | Filing |
|---|---|---|---|---|---|
| Sep 17, 2026 | Gilbert Ray Cisneros, Jr.Democratic, House | Buy | $1,001 - $15,000 | −6.0% | Report |
| Apr 17, 2025 | Jefferson ShreveRepublican, House | Sale | $15,001 - $50,000 | +39.0% | Report |
| Apr 11, 2025 | Jefferson ShreveRepublican, House | Partial sale | $50,001 - $100,000 | +31.0% | Report |
| Apr 9, 2025 | Josh GottheimerDemocratic, House | Partial sale | $1,001 - $15,000 | +29.7% | Report |
| Apr 7, 2025 | Jefferson ShreveRepublican, House | Buy | $50,001 - $100,000 | −40.5% | Report |
| Sep 15, 2022 | Josh GottheimerDemocratic, House | Buy | $1,001 - $15,000 | −82.8% | Report |
| May 26, 2022 | Josh GottheimerDemocratic, House | Partial sale | $1,001 - $15,000 | +81.6% | Report |
| Jan 15, 2021 | Gary C. PetersDemocratic, Senate | Buy | $1,001 - $15,000 | −88.8% | Report |
| Dec 23, 2020 | Gilbert Ray Cisneros, Jr.Democratic, House | Buy | $1,001 - $15,000 | −93.9% | Report |
Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).
SEC filer profile
How STAG Industrial, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARSTAG Industrial, Inc.1
- CIK0001479094
- Employer ID (EIN)27-30996084
- Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company4
- Incorporated inMaryland4
- Fiscal year endsDecember 311
- Industry code (SIC)6798 Real Estate Investment Trusts1
- SEC reviewing officeOffice of Real Estate & Construction, Division of Corporation Finance1
- Business addressOne Federal Street, 23Rd Floor, Boston, MA 021101
- Phone(617)574-47771
- Shares outstanding191,205,055 as of Apr 27, 202612
- Public float$6.8B as of Jun 30, 20254
- AuditorPricewaterhouseCoopers LLP, Boston, Massachusetts PCAOB ID 238; it also attests to the company’s internal control over financial reporting4
- On EDGAR sinceJul 29, 20101
- Filings1,334 in all: 4 (821), 8-K (165), SC 13G/A (54), 10-Q (47), 144 (25), 3 (24), 424B5 (23), DEFA14A (19)1
All 38 form types
10-K (15), DEF 14A (15), 5 (14), SC 13G (13), 424B2 (9), UPLOAD (9), ARS (8), S-11/A (7), 4/A (6), 8-A12B (5), 8-K/A (5), S-3ASR (5), SCHEDULE 13G (5), 424B3 (4), CERTNYS (4), CORRESP (4), EFFECT (4), S-8 (4), 25-NSE (3), FWP (3), 424B4 (2), S-11 (2), S-3 (2), SCHEDULE 13G/A (2), 3/A (1), POS EX (1), POSASR (1), PRE 14A (1), S-11MEF (1), S-3/A (1)
- Latest filingsAnnual report (10-K) Feb 11, 2026
Quarterly report (10-Q) Jul 28, 2026
Proxy statement (DEF 14A) Mar 18, 2026
Latest 8-K (8-K) Jul 28, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common Stock, $0.01 par value | STAG | New York Stock Exchange |
From the cover page of the 10-K filed Feb 11, 2026 (Section 12(b) of the Exchange Act).4
Risk factors and legal proceedings
The risks STAG Industrial, Inc. names in Item 1A of its 10-K filed Feb 11, 2026: 52 risks under these headings, as written.4
- Risks Related to Our Business and Operations
- Adverse economic conditions may adversely affect our operating results and financial condition.
- Inflation, rising interest rates, and developments that affect the financial services industry, may adversely affect our business, financial condition and results of other operations.
- Trade policies, tariffs and related government actions may cause a decline in economic activity and have a material adverse impact on our business.
- Our investments are in the industrial real estate sector, and we would be adversely affected by an economic downturn in that sector.
- We are subject to geographic and industry concentrations that make us susceptible to adverse events with respect to certain markets and industries.
- We have owned many of our properties for a limited time, and we may not be aware of their characteristics or deficiencies.
- Our growth depends, in part, upon acquisitions of properties, and we may be unable to consummate acquisitions on advantageous terms and acquisitions may not perform as we expect.
- We may face risks associated with acquiring properties in unfamiliar markets.
- A significant portion of our properties have leases that expire in the next two years and we may be unable to renew leases, lease vacant space or re-lease space on favorable terms.
- We face significant competition for tenants, which may negatively impact the occupancy and rental rates at our properties.
- Default by one or more of our tenants could materially and adversely affect us, and bankruptcy laws limit our remedies in the event of a tenant default.
The other 41 risks
- Any future public health crisis, pandemic, epidemic or outbreak of infectious disease could have material and adverse effects on our business, operating results, financial condition and cash flows.
- Risks Related to Our Organization and Structure
- Our growth depends, in part, on external sources of capital, which are outside of our control and affect our ability to finance acquisitions, take advantage of strategic opportunities, satisfy debt obligations and make distributions to stockholders.
- Our bylaws contain exclusive forum provisions for certain types of actions, which could limit our stockholders’ ability to bring a claim in a judicial forum that the stockholders believe is a more favorable judicial forum.
- Certain provisions of our governing documents and Maryland law may delay or prevent a transaction or a change of control that might be in the best interest of stockholders.
- Our charter contains 9.8% ownership limits.
- Our board of directors may create and issue a class or series of preferred stock without stockholder approval.
- Certain provisions in the Operating Partnership agreement may delay or prevent a change of control.
- Certain provisions of Maryland law could delay or prevent a change in control.
- Our board of directors can take many actions without stockholder approval.
- Our rights and the rights of our stockholders to take action against our directors and officers are limited.
- Our fiduciary duties as sole member of the general partner of our Operating Partnership could create conflicts of interest, which may impede business decisions that could benefit our stockholders.
- We are subject to financial reporting and other requirements for which our accounting, internal audit and other systems and resources may not be adequately prepared and we may not be able to accurately report our financial results.
- Risks Related to Ownership of Our Common Stock
- The market price and trading volume of our common stock may be volatile.
- The cash available for distribution to stockholders may not be sufficient to make distributions at expected levels, nor can we assure you of our ability to make distributions in the future.
- The number of shares of our common stock available for future sale, and future offerings of debt or equity securities may be dilutive to existing stockholders and adversely affect the market price of our common stock.
- We have in the past entered, and may in the future enter, into forward sale transactions that subject us to certain risks.
- General Real Estate Risks
- Our performance is subject to general economic conditions and risks associated with our real estate assets.
- We are subject to risks associated with development of real estate.
- Real estate investments are not as liquid as other types of investments.
- Uninsured losses may adversely affect your returns.
- Environmentally hazardous conditions may adversely affect our operating results.
- We are exposed to the potential impacts of future climate change and climate change-related risks.
- Compliance or failure to comply with the ADA and other regulations could result in substantial costs.
- The ownership of properties subject to ground leases exposes us to certain risks.
- We may be unable to sell properties, including as a result of uncertain market conditions.
- Joint venture investments could be adversely affected by our lack of sole decision-making authority, our reliance on co-venturers’ financial condition and disputes between us and our co-venturers.
- Risks Related to Our Debt Financings
- Our operating results and financial condition could be adversely affected if we are unable to make payments on our debt.
- Increases in interest rates could increase our required debt payments and adversely affect our ability to make distributions to stockholders.
- Our loan covenants could limit our flexibility and adversely affect our financial condition and ability to make distributions.
- If debt is unavailable at reasonable rates, we may not be able to finance acquisitions or refinance our existing debt.
- Our hedging strategies may not be successful in mitigating our risks associated with interest rates.
- Adverse changes in our credit ratings could negatively affect our financing activity.
- U.S. Federal Income Tax Risks
- Failure to qualify as a REIT would reduce our net earnings available for investment or distribution.
- Even if we maintain our qualification as a REIT for federal income tax purposes, we may be subject to other tax liabilities that reduce our cash flow and our ability to make distributions to stockholders.
- REIT distribution requirements could adversely affect our ability to execute our business plan.
- Re-characterization of sale‑leaseback transactions may cause us to lose our REIT status.
- The prohibited transactions tax may limit our ability to engage in certain transactions.
- We may be subject to adverse legislative or regulatory tax changes.
- Other General Risks
- We face risks associated with system failures through security breaches or cyber-attacks, as well as other significant disruptions of our information technology (“IT”) networks and related systems.
- We depend on key personnel; the loss of their full service could adversely affect us.
- Our compensation plans may not be tied to or correspond with our improved financial results or the market prices for our securities, which may adversely affect us.
Legal proceedings
From time to time, we are a party to various lawsuits, claims and other legal proceedings that arise in the ordinary course of our business. We are not currently a party, as plaintiff or defendant, to any legal proceedings that, individually or in the aggregate, would be expected to have a material effect on our business, financial condition or results of operations if determined adversely to us.
The opening of Item 3, Legal Proceedings.4
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 16SEC EDGARWilliam R. Crooker, President
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- 22SEC EDGARSteven T. Kimball, EVP
- 23SEC EDGARMichael Chase, EVP and CIO
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- 29SEC EDGARVicki Lundy Wilbon, Board member
- 30SEC EDGARBenjamin S. Butcher, Board member
- 31SEC EDGARJit Kee Chin, Board member
- 32SEC EDGARMichelle Dilley, Board member
- 33SEC EDGARVirgis Colbert, Board member
- 34SEC EDGARChristopher P. Marr, Board member
- 35SEC EDGAREdward F. Lange Jr., Board member
- 36SEC EDGARF. Alexander Fraser, Board member
- 37SEC EDGARFrancis X. Jacoby Iii., Board member
- 38SEC EDGARHans S. Weger, Board member
- 39SEC EDGARJeffrey D. Furber, Board member
- 40SEC EDGARLarry T. Guillemette, Board member
- 41SEC EDGARKathryn Arnone, General counsel
- 42SEC EDGARResults of operations
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- 44SEC EDGARShareholder vote
- 45SEC EDGARResults of operations
- 46SEC EDGAROther events
- 47SEC EDGARResults of operations
- 48SEC EDGARResults of operations
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- 50SEC EDGARResults of operations
- 51SEC EDGARShareholder vote
- 52SEC EDGARResults of operations
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- 54NasdaqNasdaq calendar
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