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

Sector: Real Estate

Industry: REIT - Diversified

Website: http://www.spiritrealty.com

Peers: DRH CTT AIV PMT

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

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

Dividend details

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.