Stag Industrial (Stag Industrial) EBIT : $291.8 Mil (TTM As of Dec. 2023)

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What is Stag Industrial EBIT?

Stag Industrial's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $68.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $291.8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Stag Industrial's annualized ROC % for the quarter that ended in Dec. 2023 was 3.97%. Stag Industrial's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 221.38%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Stag Industrial's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 3.21%.

Stag Industrial EBIT Historical Data

The historical data trend for Stag Industrial's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Stag Industrial EBIT Chart

Stag Industrial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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105.31

269.14

259.92

260.25

291.78

Stag Industrial Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
EBIT	Get a 7-Day Free Trial															52.15	73.22	75.66	74.92	67.98

Competitive Comparison of Stag Industrial's EBIT

For the REIT - Industrial subindustry, Stag Industrial's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Stag Industrial's EV-to-EBIT Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Stag Industrial's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Stag Industrial's EV-to-EBIT falls into.

Stag Industrial EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $291.8 Mil.

Stag Industrial (NYSE:STAG) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Stag Industrial's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

	ROC % (Q: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	255.16 * ( 1 - 0% )	/	( (6384.651	+	6454.861)	/ 2 )
=	255.16	/	6419.756
=	3.97 %

where

	Invested Capital		(Q: Sep. 2023 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	6276.014	-	123.358	-	( 10.944	-	max(0, 448.358	-	216.363	+	10.944	))
=	6384.651

	Invested Capital		(Q: Dec. 2023 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	6283.458	-	105.878	-	( 20.741	-	max(0, 507.878	-	230.597	+	20.741	))
=	6454.861

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

2. Joel Greenblatt's definition of Return on Capital:

Stag Industrial's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	271.912	/	( ( (30.042 + max(82.061, 0))	+	(29.566 + max(103.978, 0)) )	/	2 )
=	271.912	/	( ( 112.103	+	133.544 )	/	2 )
=	271.912	/	122.8235
=	221.38 %

where Working Capital is:

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(120.813	+	0	+	84.606)	-	(123.358	+	0	+	0)
=	82.061

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(128.274	+	0	+	81.582)	-	(105.878	+	0	+	0)
=	103.978

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Stag Industrial's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	291.776	/	9075.647
	=	3.21 %

Stag Industrial EBIT Related Terms

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Stag Industrial (Stag Industrial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Stag Industrial Inc (NYSE:STAG) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

STAG:Mexico SW6:Germany SW6:Germany S2TA34:Brazil

Address

One Federal Street, 23rd Floor, Boston, MA, USA, 02110

Website

https://www.stagindustrial.com

Stag Industrial Inc is a real estate investment trust that is involved in the acquisition and operation of both single- and multi-tenant properties, although the majority of the portfolio is single-tenant industrial properties throughout the United States. The vast majority of the company's real estate portfolio is comprised of warehouse and distribution buildings. Stag Industrial derives nearly all of its income in the form of rental income from its portfolio of warehouse and distribution properties. The company generates most of its rental revenue from its facilities located in Midwestern and Eastern U.S. cities. Stag Industrial's largest customers include air freight and logistics, automotive, and industrial equipment companies in terms of overall revenue.

Executives

Jaclyn Paul	officer: Chief Accounting Officer	ONE FEDERAL STREET, 23RD FLOOR, BOSTON MA 02110
Jeffrey M Sullivan	officer: EVP, GC and Secretary	ONE FEDERAL STREET, 23RD FLOOR, BOSTON MA 02110
William R Crooker	officer: Chief Accounting Officer	ONE FEDERAL STREET, 23RD FLOOR, BOSTON MA 02110
Benjamin S Butcher	director, officer: Chairman, CEO and President	ONE FEDERAL STREET, 23RD FLOOR, BOSTON MA 02110
Steven T. Kimball	officer: EVP	ONE FEDERAL STREET, 23RD FLOOR, BOSTON MA 02110
Michael Chase	officer: EVP and CIO	ONE FEDERAL STREET, 23RD FLOOR, BOSTON MA 02110
Hans S Weger	director	ONE FEDERAL STREET, 23RD FLOOR, BOSTON MA 02110
Michelle Dilley	director	ONE FEDERAL STREET, 23RD FLOOR, BOSTON MA 02110
Jit Kee Chin	director	ONE FEDERAL STREET, 23RD FLOOR, BOSTON MA 02110
Jacoby Francis X Iii	director	ONE FEDERAL STREET, 23RD FLOOR, BOSTON MA 02110
Jeffrey D. Furber	director	AEW CAPITAL MANAGEMENT, L.P., TWO SEAPORT LANE, BOSTON MA 02210
Virgis Colbert	director	5725 DELPHI DRIVE, TROY MI 48098
Christopher P Marr	director	460 E. SWEDESFORD ROAD, SUITE 3000, WAYNE PA 19087
Matts Pinard	officer: EVP, CFO and Treasurer	ONE FEDERAL STREET, 23RD FLOOR, BOSTON MA 02110
Stephen C Mecke	officer: COO and EVP	ONE FEDERAL STREET, 23RD FLOOR, BOSTON MA 02110