• Stag Industrial average pre-tax profit margin for 2023 was 27.6%, a 21.5% decline from 2022.
• Stag Industrial average pre-tax profit margin for 2022 was 35.16%, a 0.06% decline from 2021.
• Stag Industrial average pre-tax profit margin for 2021 was 35.18%, a 17.31% decline from 2020.

Pre-tax profit margin can be defined as earnings before taxes as a portion of total revenue.