THE INTRADAY

STAG · Company KPIs

STAG Industrial (STAG) KPIs

Occupancy Rate, Same Store Cash NOI growth, Cash Rent Change, Retention. As reported in SEC filings, with the source line for each figure.

Occupancy Rate

95.9% at Sep 30, 2026

Sep 30, 2025: 95.8%Dec 31, 2025: 96.4%Mar 31, 2026: 95.1%Jun 30, 2026: 94.5%Sep 30, 2026: 95.9%Sep 30, 2025Sep 30, 2026

The company’s definition: Occupancy Rate: We define Occupancy Rate as the percentage of total leasable square footage for which either revenue recognition has commenced in accordance with GAAP or the lease term has commenced as of the close of the reporting period, whichever occurs earlier. Source

Occupancy Rate, as first reported, with the line it was read from
Period endedFigureFiling text
Sep 30, 202695.9%Achieved an Occupancy Rate of 95.9% on the total portfolio and 96.2% on the Operating Portfolio as of September 30, 2026.8-K filed 2026-10-27
Jun 30, 202694.5%Achieved an Occupancy Rate of 94.5% on the total portfolio and 95.5% on the Operating Portfolio as of June 30, 2026.8-K filed 2026-07-28
Mar 31, 202695.1%Achieved an Occupancy Rate of 95.1% on the total portfolio and 96.0% on the Operating Portfolio as of March 31, 2026.8-K filed 2026-04-28
Dec 31, 202596.4%Achieved an Occupancy Rate of 96.4% on the total portfolio and 97.2% on the Operating Portfolio as of December 31, 2025.8-K filed 2026-02-11
Sep 30, 202595.8%Achieved an Occupancy Rate of 95.8% on the total portfolio and 96.8% on the Operating Portfolio as of September 30, 2025.8-K filed 2025-10-29

Same Store Cash NOI growth

3.5% for the period ended Sep 30, 2026

Sep 30, 2025: 3.9%Dec 31, 2025: 5.4%Mar 31, 2026: 4.1%Sep 30, 2026: 3.5%Sep 30, 2025Sep 30, 2026

The company’s definition: Same Store: We define Same Store properties as properties that were in the Operating Portfolio for the entirety of the comparative periods presented. Source

Same Store Cash NOI growth, as first reported, with the line it was read from
Period endedFigureFiling text
Sep 30, 20263.5%Produced Same Store Cash NOI of $159.9 million for the third quarter of 2026, an increase of 3.5% compared to the third quarter of 2025 of $154.5 million.8-K filed 2026-10-27
Mar 31, 20264.1%Same Store Cash NOI (1) · $159,309 · $153,080 · 4.1%8-K filed 2026-04-28
Dec 31, 20255.4%Produced Same Store Cash NOI of $148.5 million for the fourth quarter of 2025, an increase of 5.4% compared to the fourth quarter of 2024 of $140.8 million.8-K filed 2026-02-11
Sep 30, 20253.9%Produced Same Store Cash NOI of $145.7 million for the third quarter of 2025, an increase of 3.9% compared to the third quarter of 2024 of $140.2 million.8-K filed 2025-10-29

Cash Rent Change

23.8% for the period ended Sep 30, 2026

Sep 30, 2025: 27.2%Dec 31, 2025: 16.3%Mar 31, 2026: 20.9%Jun 30, 2026: 19.8%Sep 30, 2026: 23.8%Sep 30, 2025Sep 30, 2026

The company’s definition: Cash Rent Change: We define Cash Rent Change as 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. Source

Cash Rent Change, as first reported, with the line it was read from
Period endedFigureFiling text
Sep 30, 202623.8%Commenced Operating Portfolio leases of 3.6 million square feet for the third quarter of 2026, resulting in a Cash Rent Change and Straight-Line Rent Change of 23.8% and 35.7%, respectively.8-K filed 2026-10-27
Jun 30, 202619.8%Commenced Operating Portfolio leases of 5.6 million square feet for the second quarter of 2026, resulting in a Cash Rent Change and Straight-Line Rent Change of 19.8% and 33.7%, respectively.8-K filed 2026-07-28
Mar 31, 202620.9%Total / weighted average · 5,996,200 · 37 · 6.3 · $5.93 · $6.38 · $1.42 · $0.16 · 20.9% · 39.6%8-K filed 2026-04-28
Dec 31, 202516.3%Commenced Operating Portfolio leases of 3.0 million square feet for the fourth quarter of 2025, resulting in a Cash Rent Change and Straight-Line Rent Change of 16.3% and 27.4%, respectively.8-K filed 2026-02-11
Sep 30, 202527.2%Commenced Operating Portfolio leases of 2.2 million square feet for the third quarter of 2025, resulting in a Cash Rent Change and Straight-Line Rent Change of 27.2% and 40.6%, respectively.8-K filed 2025-10-29

Retention

90.3% for the period ended Sep 30, 2026

Sep 30, 2025: 63.4%Dec 31, 2025: 75.8%Mar 31, 2026: 69.5%Jun 30, 2026: 75.7%Sep 30, 2026: 90.3%Sep 30, 2025Sep 30, 2026

The company’s definition: Retention: We define Retention as the percentage determined by taking Renewal Lease square footage commencing in the period divided by square footage of leases expiring in the period for assets included in the Operating Portfolio. Source

Retention, as first reported, with the line it was read from
Period endedFigureFiling text
Sep 30, 202690.3%Experienced 90.3% Retention for 2.9 million square feet of leases expiring in the quarter.8-K filed 2026-10-27
Jun 30, 202675.7%Experienced 75.7% Retention for 6.0 million square feet of leases expiring in the quarter.8-K filed 2026-07-28
Mar 31, 202669.5%Experienced 69.5% Retention for 6.5 million square feet of leases expiring in the quarter.8-K filed 2026-04-28
Dec 31, 202575.8%Experienced 75.8% Retention for 2.8 million square feet of leases expiring in the quarter.8-K filed 2026-02-11
Sep 30, 202563.4%Experienced 63.4% Retention for 2.5 million square feet of leases expiring in the quarter.8-K filed 2025-10-29

Reading notes

Figures are shown as first reported. If a later filing prints a different figure for the same period, both appear. A figure marked ≈ or shown in words is how the company itself states it, not an estimate of ours. Companies change definitions over time, so compare periods with the quoted definition in mind. Periods that failed our checks are left out, so gaps are expected.