| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | 194,074 | 144,425 |
| Depreciation and amortization | 224,336 | 148,373 |
| Loss on impairment | 888 | 888 |
| Gain on involuntary conversion | 1,855 | 1,855 |
| Non-cash portion of interest expense | 4,044 | 2,638 |
| Amortization of above and below market leases, net | -1,894 | -1,227 |
| Straight-line rent adjustments, net | 15,244 | 9,125 |
| Debt extinguishment and modification expenses | -30 | - |
| Gain on the sales of rental property, net | 57,801 | 55,605 |
| Non-cash compensation expense | 9,581 | 6,440 |
| Tenant accounts receivable | -7,062 | -6,773 |
| Prepaid expenses and other assets | 28,199 | 14,197 |
| Accounts payable, accrued expenses and other liabilities | 25,007 | -10,392 |
| Tenant prepaid rent and security deposits | -1,108 | -1,728 |
| Total adjustments | 164,847 | 70,983 |
| Net cash provided by operating activities | 358,921 | 215,408 |
| Additions of land and buildings and improvements | 143,893 | 95,888 |
| Acquisitions of land and buildings and improvements | 150,415 | 57,922 |
| Payments to acquire other property, plant, and equipment | 0 | 0 |
| Proceeds from sale of rental property, net | 78,319 | 72,590 |
| Acquisition deposits, net | 30 | -450 |
| Acquisitions of deferred leasing intangibles | 20,838 | 8,859 |
| Net cash used in investing activities | -236,857 | -89,629 |
| Proceeds from unsecured credit facility | 873,000 | 707,000 |
| Repayment of unsecured credit facility | 1,172,000 | 1,065,000 |
| Proceeds from unsecured term loans | 55,000 | - |
| Repayment of unsecured term loans | 55,000 | - |
| Proceeds from unsecured notes | 550,000 | 550,000 |
| Repayment of unsecured notes | 175,000 | 175,000 |
| Repayment of mortgage notes | 166 | 110 |
| Payment of loan fees and costs | 4,747 | 2,918 |
| Proceeds from sales of common stock, net | 595 | 467 |
| Dividends and distributions | 212,999 | 141,993 |
| Repurchase and retirement of share-based compensation | 649 | 649 |
| Contributions from noncontrolling interest in joint ventures | 2,128 | 1,810 |
| Net cash provided by (used in) financing activities | -141,028 | -127,327 |
| Increase (decrease) in cash and cash equivalents and restricted cash | -18,964 | -1,548 |
| Cash and cash equivalents at beginning of period | 37,393 | - |
| Cash and cash equivalents at end of period | 18,429 | - |
STAG Industrial, Inc. (STAG)
STAG Industrial, Inc. (STAG)