SRC Spirit Realty Capital Inc

Price (delayed)

$38.18

Market cap

$5.4B

P/E Ratio

18.72

Dividend/share

$2.6

EPS

$2.04

Enterprise value

$8.96B

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 66% YoY and by 10% from the previous quarter
SRC's P/E is 62% lower than its 5-year quarterly average of 49.1 and 13% lower than its last 4 quarters average of 21.6
Spirit Realty Capital's debt has increased by 19% YoY

Key stats

What are the main financial stats of SRC
Market
Shares outstanding
141.3M
Market cap
$5.4B
Enterprise value
$8.96B
Valuations
Price to earnings (P/E)
18.72
Price to book (P/B)
1.17
Price to sales (P/S)
7.24
EV/EBIT
22.18
EV/EBITDA
12.86
EV/Sales
12.63
Earnings
Revenue
$709.63M
EBIT
$404.04M
EBITDA
$697.02M
Free cash flow
-$715.72M
Per share
EPS
$2.04
Free cash flow per share
-$5.32
Book value per share
$32.66
Revenue per share
$5.27
TBVPS
$58.15
Balance sheet
Total assets
$8.47B
Total liabilities
$3.91B
Debt
$3.58B
Equity
$4.56B
Working capital
N/A
Liquidity
Debt to equity
0.78
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
5.12
Margins
EBITDA margin
98.2%
Gross margin
95.8%
Net margin
40.2%
Operating margin
40.5%
Efficiency
Return on assets
3.4%
Return on equity
6.2%
Return on invested capital
3.7%
Return on capital employed
N/A
Return on sales
56.9%
Dividend
Dividend yield
6.82%
DPS
$2.6
Payout ratio
127.5%

SRC stock price

How has the Spirit Realty Capital stock price performed over time
Intraday
2.5%
1 week
-1.42%
1 month
-10.27%
1 year
-15.59%
YTD
-4.38%
QTD
-4.38%

Financial performance

How have Spirit Realty Capital's revenue and profit performed over time
Revenue
$709.63M
Gross profit
$679.79M
Operating income
$287.63M
Net income
$285.52M
Gross margin
95.8%
Net margin
40.2%
The net income has soared by 66% YoY and by 10% from the previous quarter
Spirit Realty Capital's net margin has increased by 43% YoY and by 6% QoQ
SRC's revenue is up by 17% YoY and by 4% QoQ
SRC's gross profit is up by 16% YoY and by 3.9% QoQ

Growth

What is Spirit Realty Capital's growth rate over time

Valuation

What is Spirit Realty Capital stock price valuation
P/E
18.72
P/B
1.17
P/S
7.24
EV/EBIT
22.18
EV/EBITDA
12.86
EV/Sales
12.63
SRC's P/E is 62% lower than its 5-year quarterly average of 49.1 and 13% lower than its last 4 quarters average of 21.6
Spirit Realty Capital's EPS has surged by 50% YoY and by 7% QoQ
The equity is up by 14% year-on-year
The stock's price to book (P/B) is 2.5% less than its 5-year quarterly average of 1.2 and 2.5% less than its last 4 quarters average of 1.2
SRC's revenue is up by 17% YoY and by 4% QoQ
SRC's P/S is 11% below its 5-year quarterly average of 8.1 and 8% below its last 4 quarters average of 7.9

Efficiency

How efficient is Spirit Realty Capital business performance
SRC's return on assets is up by 48% year-on-year and by 6% since the previous quarter
The return on equity has increased by 44% year-on-year and by 7% since the previous quarter
Spirit Realty Capital's return on sales has increased by 26% YoY and by 4.8% QoQ
The ROIC has increased by 23% YoY and by 6% QoQ

Dividends

What is SRC's dividend history
DPS
$2.6
Dividend yield
6.82%
Payout ratio
127.5%
Recent dividends

Financial health

How did Spirit Realty Capital financials performed over time
Spirit Realty Capital's total assets is 117% higher than its total liabilities
Spirit Realty Capital's total liabilities has increased by 17% YoY and by 2.4% from the previous quarter
Spirit Realty Capital's total assets has increased by 16% YoY
Spirit Realty Capital's debt is 22% lower than its equity
Spirit Realty Capital's debt has increased by 19% YoY
The equity is up by 14% year-on-year

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