SRC Spirit Realty Capital Inc

Price (delayed)

$41.8

Market cap

$5.91B

P/E Ratio

23.89

Dividend/share

$2.66

EPS

$1.75

Enterprise value

$9.59B

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 gross profit is up by 11% YoY
SRC's revenue is up by 11% YoY
SRC's P/E is 48% lower than its 5-year quarterly average of 45.6 but 26% higher than its last 4 quarters average of 18.9
Spirit Realty Capital's EPS has decreased by 14% QoQ and by 8% YoY
The net income has decreased by 13% from the previous quarter

Key stats

What are the main financial stats of SRC
Market
Shares outstanding
141.33M
Market cap
$5.91B
Enterprise value
$9.59B
Valuations
Price to book (P/B)
1.31
Price to sales (P/S)
7.82
EV/EBIT
24.11
EV/EBITDA
13.5
EV/Sales
12.72
Earnings
Revenue
$754.36M
EBIT
$397.96M
EBITDA
$710.86M
Free cash flow
$72.4M
Per share
EPS
$1.75
Free cash flow per share
$0.51
Book value per share
$31.79
Revenue per share
$5.35
TBVPS
$56.94
Balance sheet
Total assets
$8.65B
Total liabilities
$4.16B
Debt
$3.82B
Equity
$4.49B
Working capital
N/A
Liquidity
Debt to equity
0.85
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
5.19
Margins
EBITDA margin
94.2%
Gross margin
95.8%
Net margin
34.3%
Operating margin
37.6%
Efficiency
Return on assets
2.9%
Return on equity
5.5%
Return on invested capital
3.4%
Return on capital employed
N/A
Return on sales
52.8%
Dividend
Dividend yield
6.36%
DPS
$2.66
Payout ratio
151.9%

SRC stock price

How has the Spirit Realty Capital stock price performed over time
Intraday
1.21%
1 week
2.05%
1 month
14.46%
1 year
2.2%
YTD
4.68%
QTD
24.66%

Financial performance

How have Spirit Realty Capital's revenue and profit performed over time
Revenue
$754.36M
Gross profit
$723.05M
Operating income
$283.71M
Net income
$258.9M
Gross margin
95.8%
Net margin
34.3%
Spirit Realty Capital's operating margin has decreased by 15% YoY and by 6% from the previous quarter
Spirit Realty Capital's net margin has decreased by 14% QoQ and by 10% YoY
The net income has decreased by 13% from the previous quarter
SRC's gross profit is up by 11% YoY

Growth

What is Spirit Realty Capital's growth rate over time

Valuation

What is Spirit Realty Capital stock price valuation
P/E
23.89
P/B
1.31
P/S
7.82
EV/EBIT
24.11
EV/EBITDA
13.5
EV/Sales
12.72
SRC's P/E is 48% lower than its 5-year quarterly average of 45.6 but 26% higher than its last 4 quarters average of 18.9
Spirit Realty Capital's EPS has decreased by 14% QoQ and by 8% YoY
The stock's price to book (P/B) is 9% more than its 5-year quarterly average of 1.2 and 9% more than its last 4 quarters average of 1.2
SRC's revenue is up by 11% YoY
SRC's P/S is 7% above its last 4 quarters average of 7.3

Efficiency

How efficient is Spirit Realty Capital business performance
SRC's return on assets is down by 15% since the previous quarter and by 9% year-on-year
The return on equity has declined by 13% since the previous quarter and by 5% year-on-year
The ROIC has decreased by 11% QoQ and by 2.9% YoY
Spirit Realty Capital's return on sales has decreased by 9% QoQ and by 2.8% YoY

Dividends

What is SRC's dividend history
DPS
$2.66
Dividend yield
6.36%
Payout ratio
151.9%
Recent dividends

Financial health

How did Spirit Realty Capital financials performed over time
Spirit Realty Capital's total assets is 108% higher than its total liabilities
Spirit Realty Capital's total liabilities has increased by 9% YoY
Spirit Realty Capital's total assets has increased by 3.7% YoY
Spirit Realty Capital's debt is 15% lower than its equity
Spirit Realty Capital's debt has increased by 9% YoY
Spirit Realty Capital's debt to equity has increased by 9% YoY

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