First Industrial Realty (FR) vs Stag Industrial (STAG)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
First Industrial Realty (FR) has outperformed Stag Industrial (STAG) over the past year, gaining 13.0% versus a loss of 2.8%. Over five years, FR leads with a +3.0% price change compared with -17.3% for STAG. First Industrial Realty is the larger company by market cap ($7.97 billion vs $6.94 billion), about 1.1 times the size, while Stag Industrial is growing revenue faster (+10.1% vs +8.6%).
On valuation, First Industrial Realty trades at a lower forward P/E (30.9x vs 40.1x for Stag Industrial). Stag Industrial offers the higher dividend yield (4.30% vs 3.25%). First Industrial Realty converts more of its revenue into profit, with a net margin of 34.0% versus 32.4%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | FR | STAG |
|---|---|---|
| Share price | $58.18 | $35.28 |
| Market cap | $7.97B | $6.94B |
| 1-day change | -1.82% | -2.33% |
| YTD return | +1.90% | -3.79% |
| 1-year return | +12.97% | -2.84% |
| 5-year return | +3.04% | -17.26% |
| P/E ratio (TTM) | 21.16 | 27.14 |
| Forward P/E | 30.86 | 40.09 |
| EPS (TTM) | $2.75 | $1.30 |
| Dividend yield | 3.25% | 4.30% |
| Annual dividend | $1.89 | $1.52 |
| Revenue (latest FY) | $727.08M | $845.18M |
| Revenue growth (YoY) | +8.58% | +10.14% |
| Net income (latest FY) | $247.44M | $273.52M |
| Net margin | 34.03% | 32.36% |
| 52-week high | $69.88 | $42.61 |
| 52-week low | $50.24 | $35.25 |
| Distance from 52-week high | -16.74% | -17.20% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +24.18% | +18.34% |
| Average volume | 1.05M | 1.67M |
| Shares outstanding | 132.57M | 192.81M |
| Employees | 151 | 93 |
| Sector | Real Estate | Real Estate |
| Industry | REIT - Industrial | REIT - Industrial |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- FR has outperformed STAG by 15.8 percentage points over the past year.
- Stag Industrial trades at a higher earnings multiple (27.1x vs 21.2x trailing P/E).
- Stag Industrial offers a meaningfully higher dividend yield (4.30% vs 3.25%).
About First Industrial Realty
FR stock →First Industrial Realty Trust, Inc. is a leading U.S.-only owner, operator, developer and acquirer of logistics properties.
Real Estate · REIT - Industrial · 151 employees
About Stag Industrial
STAG stock →STAG Industrial, Inc. is a real estate investment trust focused on the acquisition, development, ownership and operation of industrial properties throughout the United States.
Real Estate · REIT - Industrial · 93 employees
FR vs STAG FAQ
Which is bigger, First Industrial Realty or Stag Industrial?
First Industrial Realty (FR) is larger, with a market capitalization of $7.97B compared with $6.94B for Stag Industrial (STAG).
Which stock has performed better over the past year, FR or STAG?
FR returned +12.97% over the past 12 months, compared with -2.84% for STAG (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, FR or STAG?
FR has the lower trailing P/E at 21.2, versus 27.1 for STAG. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, First Industrial Realty or Stag Industrial?
Stag Industrial has the higher yield at 4.30%, compared with 3.25% for First Industrial Realty.
Are First Industrial Realty and Stag Industrial in the same industry?
Yes. Both are classified in the REIT - Industrial industry within the Real Estate sector.