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Stag Industrial (Stag Industrial) ROE %

: 4.91% (As of Dec. 2023)
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ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Stag Industrial's annualized net income for the quarter that ended in Dec. 2023 was $166.9 Mil. Stag Industrial's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $3,397.3 Mil. Therefore, Stag Industrial's annualized ROE % for the quarter that ended in Dec. 2023 was 4.91%.

The historical rank and industry rank for Stag Industrial's ROE % or its related term are showing as below:

STAG' s ROE % Range Over the Past 10 Years
Min: -3.25   Med: 4.52   Max: 8.05
Current: 5.71

During the past 13 years, Stag Industrial's highest ROE % was 8.05%. The lowest was -3.25%. And the median was 4.52%.

STAG's ROE % is ranked better than
58.75% of 800 companies
in the REITs industry
Industry Median: 4.25 vs STAG: 5.71

Stag Industrial ROE % Historical Data

The historical data trend for Stag Industrial's ROE % 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 Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.51 8.05 6.36 5.31 5.71

Stag Industrial Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROE % 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 3.50 5.87 6.14 5.90 4.91

Competitive Comparison

For the REIT - Industrial subindustry, Stag Industrial's ROE %, along with its competitors' market caps and ROE % 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 ROE % Distribution

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

* The bar in red indicates where Stag Industrial's ROE % falls into.



Stag Industrial ROE % Calculation

Stag Industrial's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=192.845/( (3384.824+3374.68)/ 2 )
=192.845/3379.752
=5.71 %

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

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=166.932/( (3419.953+3374.68)/ 2 )
=166.932/3397.3165
=4.91 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.


Stag Industrial  (NYSE:STAG) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

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 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=166.932/3397.3165
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (166.932 / 170.512) * (170.512 / 255.16) * (255.16 / 733.228) * (733.228 / 6279.736) * (6279.736 / 3397.3165)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.979 * 0.6683 * 34.8 % * 0.1168 * 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. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Stag Industrial ROE % Related Terms

Thank you for viewing the detailed overview of Stag Industrial's ROE % 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

Stag Industrial (Stag Industrial) Headlines