STAG Industrial, Inc. STAG
“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. 10-K, Item 1
- Headquarters
- Boston, MA
- Next results
- around Feb 10, 2027
What changed
6 new risk paragraphs. 10-K filed Feb 11, 2026 against Feb 12, 2025.
Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.
Accounting checks
10 checks on the latest 10-K. Checks, not verdicts.
0facts worth reading about all 10 checks found nothing to note
-
Receivables +14.7% ($136.4M to $156.5M) vs revenue +10.1% ($767.4M to $845.2M), +4.6 pts apart
-
Cash from operations $463.4M vs net income $273.5M (FY ending Dec 31, 2025)
-
Same auditor in both 10-Ks: PricewaterhouseCoopers LLP
7 more checks with nothing to note
-
No statement of substantial doubt about going concern
-
No 8-K item 4.02 in the last 2 years
-
No NT 10-K or NT 10-Q in the last 2 years
-
The same matters as last year: Purchase Price Accounting
-
No sentence in the 10-K concludes that controls were not effective because of a material weakness
-
No 8-K item 2.06 in the last 2 years
-
No 8-K item 1.03 in the last 2 years
In their words
6 paragraphs in Risk Factors that were not in the 10-K filed Feb 12, 2025. Quoted as filed.
-
Item 1A · new paragraph · not in the 10-K filed Feb 12, 2025 10-K, ITEM 1A
Trade policies, tariffs and related government actions may cause a decline in economic activity and have a material adverse impact on our business. The U.S. government indicated its intent to alter its approach to international trade policy and in some cases to renegotiate, or potentially terminate, certain existing trade agreements and…
-
Item 1A · new paragraph · not in the 10-K filed Feb 12, 2025 10-K, ITEM 1A
In order to maintain our qualification as a REIT, we are generally required under the Code to annually distribute at least 90% of our net taxable income, determined without regard to the dividends paid deduction and excluding any net capital gain. In
-
Item 1A · new paragraph · not in the 10-K filed Feb 12, 2025 10-K, ITEM 1A
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. Our bylaws provide that, unless we consent in writing to the selection of an alternative forum, any state court of…
-
Item 1A · new paragraph · not in the 10-K filed Feb 12, 2025 10-K, ITEM 1A
We engage in development of new industrial properties, as well as redevelopment and expansion of existing properties, which involve risks in addition to the general risks associated with real estate assets, including delays or failure to obtain required zoning, land use, building, occupancy, entitlement or other governmental approvals;…
New risk paragraphs, against peers
Latest 10-K of each, Real estate companies closest in revenue
Paragraphs in Risk Factors with nothing like them in the company's 10-K the year before. A count of text, not of risk.
Financial performance
Last 4 fiscal years · 10-K XBRL
| Metric | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|
| Revenue | $657.3M | $707.8M | $767.4M | $845.2M |
| Net income | $178.3M | $192.8M | $189.2M | $273.5M |
| Operating cash flow | $387.9M | $391.1M | $460.3M | $463.4M |
Revenue, FY2016 to FY2025
Ten fiscal years, each from its own 10-K · XBRL · USD
$845.2M ▲ 10.1% in FY2025$273.5M ▲ 44.6% in FY2025
Recent filings
3 filings in the last 30 days · SEC EDGAR
-
8-KOct 29, 2026Material agreement signed, New debt or obligation 8-K items 1.01, 2.03
-
8-KOct 27, 2026Quarterly results 8-K item 2.02
-
10-QOct 27, 2026Quarterly report (10-Q) period ended Sep 30, 2026
About the company
STAG Industrial, Inc., Boston, MA · from the 10-K filed Feb 11, 2026
“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.
- Headquarters
- Boston, MA
- Country
- United States
- Reports in
- USD
- Listed on
- NYSE
- Fiscal year ends
- December 31
- Last results
- Oct 27, 2026
Email alerts
Sources
The 10-K filed Feb 11, 2026 (open at SEC), compared with the 10-K filed Feb 12, 2025. Numbers from the XBRL of the 10-Ks; filings from SEC EDGAR.
Work with it: Excel workbook · CSV. Google Sheet that stays up to date: paste =IMPORTDATA("https://tickdelta.com/company/STAG/export.csv") into a cell.