STAGSTAG Industrial, Inc.
Real Estate Investment Trusts
- Revenue
- $845M
- 10% YoY
- Operating margin
- —
- EBITDA
- —
- Market cap
- $7.1B
- Employees
- —
- Net debt / EBITDA
- —
- $3.4B net debt
- AI in 10-K
- 0.4
- mentions per 10K words
Takeover score 1 of 13
Fixable underperformance 0 of 7
- TSR below peersNo—3+ of last 5 years
- High CEO pay despite TSRNo—Median CEO pay ≥ $15M while TSR trails
- Earnings not backed by cashNo169% of net incomeCash flow under 80% of net income
- Dilutive SBCNo2% of revenueOver 10% of revenue
- Payouts exceed cash flowNo61% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyNo0% of assetsOver 40% of assets
- Shareholder dissentNo97% lowest supportAny vote under 80% support
Buyer economics 1 of 4
- Low revenue per employeeNo—Bottom quartile of its SIC industry
- Quiet on AIYes0.4 per 10K words · 17th pctBottom quartile of AI mentions in 10-Ks
- Net cashNo—More cash than debt, positive EBITDA
- Buyout-sizedNo$7.1B market capMarket cap $500M–$5B
Catalysts 0 of 2
- Active 13DNo0 filingsActive-intent 13D in 18 months
- Net insider sellingNo−$6M netNet sales over $10M in 12 months
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $562M | $657M | $708M | $767M | $845M | 10% |
| Net income | $192M | $178M | $193M | $189M | $274M | 45% |
| Operating cash flow | $336M | $388M | $391M | $460M | $463M | 0.7% |
| Stock-based comp | $15M | $12M | $11M | $12M | $13M | 8.3% |
| Dividends | $246M | $267M | $268M | $275M | $284M | 3.3% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $6M · 5
- Net
- −$6M
Pay vs performance
No pay-versus-performance disclosure yet.