SRC Spirit Realty Capital Inc

Price (delayed)

$48.97

Market cap

$5.83B

P/E Ratio

45.77

Dividend/share

$2.51

EPS

$1.07

Enterprise value

$8.56B

Spirit Realty Capital, Inc. is a net-lease real estate investment trust ('REIT') that primarily invests in single-tenant, operationally essential real estate assets, subject to long-term leases.

Highlights
The net income has soared by 86% YoY
Spirit Realty Capital's EPS has surged by 73% YoY
Spirit Realty Capital's debt has increased by 12% YoY but it has decreased by 6% QoQ

Key stats

What are the main financial stats of SRC
Market
Shares outstanding
119.1M
Market cap
$5.83B
Enterprise value
$8.56B
Valuations
Price to earnings (P/E)
45.77
Price to book (P/B)
1.53
Price to sales (P/S)
10.39
EV/EBIT
36.39
EV/EBITDA
18.62
EV/Sales
15.79
Earnings
Revenue
$542.14M
EBIT
$235.21M
EBITDA
$459.59M
Free cash flow
-$650.78M
Per share
EPS
$1.07
Free cash flow per share
-$5.66
Book value per share
$32.05
Revenue per share
$4.71
TBVPS
$53.08
Balance sheet
Total assets
$6.71B
Total liabilities
$3.03B
Debt
$2.74B
Equity
$3.68B
Working capital
N/A
Liquidity
Debt to equity
0.74
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
5.93
Margins
EBITDA margin
84.8%
Gross margin
95.7%
Net margin
23.9%
Operating margin
38.6%
Efficiency
Return on assets
1.8%
Return on equity
3.4%
Return on invested capital
2.8%
Return on capital employed
N/A
Return on sales
43.4%
Dividend
Dividend yield
5.13%
DPS
$2.51
Payout ratio
234.9%

SRC stock price

How has the Spirit Realty Capital stock price performed over time
Intraday
0.58%
1 week
2.02%
1 month
0.16%
1 year
45.48%
YTD
21.91%
QTD
6.36%

Financial performance

How have Spirit Realty Capital's revenue and profit performed over time
Revenue
$542.14M
Gross profit
$519.05M
Operating income
$209.17M
Net income
$129.42M
Gross margin
95.7%
Net margin
23.9%
Spirit Realty Capital's net margin has surged by 188% QoQ and by 81% YoY
The net income has soared by 86% YoY
Spirit Realty Capital's operating income has increased by 33% from the previous quarter and by 18% YoY
Spirit Realty Capital's operating margin has increased by 21% from the previous quarter and by 15% YoY

Growth

What is Spirit Realty Capital's growth rate over time

Valuation

What is Spirit Realty Capital stock price valuation
P/E
45.77
P/B
1.53
P/S
10.39
EV/EBIT
36.39
EV/EBITDA
18.62
EV/Sales
15.79
Spirit Realty Capital's EPS has surged by 73% YoY
SRC's P/E is 24% lower than its 5-year quarterly average of 60.6
The stock's price to book (P/B) is 28% more than its 5-year quarterly average of 1.2 and 18% more than its last 4 quarters average of 1.3
The equity is up by 12% year-on-year and by 4.5% since the previous quarter
SRC's P/S is 19% above its 5-year quarterly average of 8.7 and 15% above its last 4 quarters average of 9.0
SRC's revenue is up by 9% QoQ and by 2.4% YoY

Efficiency

How efficient is Spirit Realty Capital business performance
The return on equity has surged by 89% year-on-year
SRC's return on assets has surged by 80% year-on-year
The ROIC has soared by 56% QoQ and by 17% YoY
Spirit Realty Capital's return on sales has increased by 47% QoQ and by 27% YoY

Dividends

What is SRC's dividend history
DPS
$2.51
Dividend yield
5.13%
Payout ratio
234.9%
Recent dividends

Financial health

How did Spirit Realty Capital financials performed over time
Spirit Realty Capital's total assets is 122% higher than its total liabilities
Spirit Realty Capital's total liabilities has increased by 12% YoY but it has decreased by 4.5% from the previous quarter
Spirit Realty Capital's total assets has increased by 12% YoY
Spirit Realty Capital's debt is 26% lower than its equity
The equity is up by 12% year-on-year and by 4.5% since the previous quarter
Spirit Realty Capital's debt has increased by 12% YoY but it has decreased by 6% QoQ

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.