SRC Spirit Realty Capital Inc

Price (delayed)

$38.39

Market cap

$5.16B

P/E Ratio

21.09

Dividend/share

$2.54

EPS

$1.82

Enterprise value

$8.38B

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
SRC's P/E is 62% lower than its 5-year quarterly average of 56.9 and 40% lower than its last 4 quarters average of 35.4
Spirit Realty Capital's EPS has increased by 34% QoQ
Spirit Realty Capital's debt has increased by 11% YoY and by 8% QoQ

Key stats

What are the main financial stats of SRC
Market
Shares outstanding
134.31M
Market cap
$5.16B
Enterprise value
$8.38B
Valuations
Price to earnings (P/E)
21.09
Price to book (P/B)
1.15
Price to sales (P/S)
7.66
EV/EBIT
25.21
EV/EBITDA
14.22
EV/Sales
13.05
Earnings
Revenue
$641.65M
EBIT
$332.32M
EBITDA
$588.97M
Free cash flow
-$1.04B
Per share
EPS
$1.82
Free cash flow per share
-$8.12
Book value per share
$33.39
Revenue per share
$5.01
TBVPS
$55.68
Balance sheet
Total assets
$7.79B
Total liabilities
$3.52B
Debt
$3.24B
Equity
$4.27B
Working capital
N/A
Liquidity
Debt to equity
0.76
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
5.47
Margins
EBITDA margin
91.8%
Gross margin
95.9%
Net margin
35.7%
Operating margin
44.6%
Efficiency
Return on assets
3%
Return on equity
5.5%
Return on invested capital
3.5%
Return on capital employed
N/A
Return on sales
51.8%
Dividend
Dividend yield
6.61%
DPS
$2.54
Payout ratio
139.5%

SRC stock price

How has the Spirit Realty Capital stock price performed over time
Intraday
-1.49%
1 week
1.83%
1 month
-8.86%
1 year
-20.02%
YTD
-20.34%
QTD
-16.58%

Financial performance

How have Spirit Realty Capital's revenue and profit performed over time
Revenue
$641.65M
Gross profit
$615.61M
Operating income
$286.31M
Net income
$229.23M
Gross margin
95.9%
Net margin
35.7%
Spirit Realty Capital's operating income has soared by 82% YoY and by 9% from the previous quarter
Spirit Realty Capital's operating margin has increased by 40% YoY and by 3.2% from the previous quarter
The net income has increased by 34% from the previous quarter
SRC's gross profit is up by 30% YoY and by 5% QoQ

Growth

What is Spirit Realty Capital's growth rate over time

Valuation

What is Spirit Realty Capital stock price valuation
P/E
21.09
P/B
1.15
P/S
7.66
EV/EBIT
25.21
EV/EBITDA
14.22
EV/Sales
13.05
SRC's P/E is 62% lower than its 5-year quarterly average of 56.9 and 40% lower than its last 4 quarters average of 35.4
Spirit Realty Capital's EPS has increased by 34% QoQ
The equity is up by 21% year-on-year and by 7% since the previous quarter
The stock's price to book (P/B) is 16% less than its last 4 quarters average of 1.4 and 2.5% less than its 5-year quarterly average of 1.2
SRC's revenue is up by 29% YoY and by 5% QoQ
SRC's P/S is 18% below its last 4 quarters average of 9.5 and 9% below its 5-year quarterly average of 8.5

Efficiency

How efficient is Spirit Realty Capital business performance
The ROIC has soared by 94% YoY and by 17% QoQ
Spirit Realty Capital's return on sales has surged by 75% YoY and by 14% QoQ
SRC's return on assets is up by 30% since the previous quarter
The return on equity has increased by 28% since the previous quarter

Dividends

What is SRC's dividend history
DPS
$2.54
Dividend yield
6.61%
Payout ratio
139.5%
Recent dividends

Financial health

How did Spirit Realty Capital financials performed over time
Spirit Realty Capital's total assets is 121% higher than its total liabilities
Spirit Realty Capital's total assets has increased by 16% YoY and by 6% QoQ
Spirit Realty Capital's total liabilities has increased by 11% YoY and by 6% from the previous quarter
Spirit Realty Capital's debt is 24% lower than its equity
The equity is up by 21% year-on-year and by 7% since the previous quarter
Spirit Realty Capital's debt has increased by 11% YoY and by 8% QoQ

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