First Industrial Realty Trust vs Stag Industrial
Stag Industrial is the larger business, with $845m of revenue in fiscal 2025 against $727m for First Industrial Realty Trust (1.2 times as much). Stag Industrial grew faster (10.1% against 8.6%). First Industrial Realty Trust kept more of each dollar of sales as profit: a net margin of 34.0% against 32.4%. Stag Industrial carries less debt relative to equity (90.8% against 96.0%).
| Latest fiscal year | First Industrial Realty TrustFR, 2025 | Stag IndustrialSTAG, 2025 |
|---|---|---|
| Revenue | $727m | $845m |
| Revenue growth | 8.6% | 10.1% |
| Net income | $247m | $274m |
| Operating margin | — | — |
| Net margin | 34.0% | 32.4% |
| Return on equity | 9.3% | 7.8% |
| Free cash flow | — | $259m |
| Cash | $78.0m | $14.9m |
| Total debt | $2.57bn | $3.27bn |
| Debt to equity | 96.0% | 90.8% |
| Dividend per share | $1.78 | $1.49 |
| Dividend yield | 3.5% | 3.4% |
| Share buybacks | — | — |
| Employees | 152 | 93 |
| Market value | $7.27bn | $7.21bn |
| Price vs our value range | — | — |
| Moat score | 78 (Strong) | 62 (Moderate) |
| Insider trades, 12 months | 0 buys, 2 sales | 0 buys, 5 sales |