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Stag Industrial (Stag Industrial) Asset Turnover : 0.03 (As of Dec. 2023)


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What is Stag Industrial Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Stag Industrial's Revenue for the three months ended in Dec. 2023 was $183.3 Mil. Stag Industrial's Total Assets for the quarter that ended in Dec. 2023 was $6,279.7 Mil. Therefore, Stag Industrial's Asset Turnover for the quarter that ended in Dec. 2023 was 0.03.

Asset Turnover is linked to ROE % through Du Pont Formula. Stag Industrial's annualized ROE % for the quarter that ended in Dec. 2023 was 4.91%. It is also linked to ROA % through Du Pont Formula. Stag Industrial's annualized ROA % for the quarter that ended in Dec. 2023 was 2.66%.


Stag Industrial Asset Turnover Historical Data

The historical data trend for Stag Industrial's Asset Turnover 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 Asset Turnover Chart

Stag Industrial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.11 0.11 0.11 0.11

Stag Industrial Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.03 0.03 0.03 0.03 0.03

Competitive Comparison of Stag Industrial's Asset Turnover

For the REIT - Industrial subindustry, Stag Industrial's Asset Turnover, along with its competitors' market caps and Asset Turnover 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 Asset Turnover Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Stag Industrial's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Stag Industrial's Asset Turnover falls into.



Stag Industrial Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Stag Industrial's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=707.835/( (6184.988+6283.458)/ 2 )
=707.835/6234.223
=0.11

Stag Industrial's Asset Turnover for the quarter that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=183.307/( (6276.014+6283.458)/ 2 )
=183.307/6279.736
=0.03

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.


Stag Industrial  (NYSE:STAG) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Stag Industrial's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=166.932/3397.3165
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(166.932 / 733.228)*(733.228 / 6279.736)*(6279.736/ 3397.3165)
=Net Margin %*Asset Turnover*Equity Multiplier
=22.77 %*0.1168*1.8484
=ROA %*Equity Multiplier
=2.66 %*1.8484
=4.91 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data.

* 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Stag Industrial's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=166.932/6279.736
=(Net Income / Revenue)*(Revenue / Total Assets)
=(166.932 / 733.228)*(733.228 / 6279.736)
=Net Margin %*Asset Turnover
=22.77 %*0.1168
=2.66 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data.

* 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.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Stag Industrial Asset Turnover Related Terms

Thank you for viewing the detailed overview of Stag Industrial's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Stag Industrial (Stag Industrial) Business Description

Traded in Other Exchanges
Address
One Federal Street, 23rd Floor, Boston, MA, USA, 02110
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