Spirit Realty Capital, Inc. (SRC)

January 22, 2024 - Spirit Realty Capital was acquired by Realty Income (O)

42.31

-0.67 (-1.56%)

Inactive · Last trade price on Jan 22, 2024

Spirit Realty Capital Financials Overview

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Sep '23 Sep 30, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018
Revenue	754.36	709.63	608.39	483.62	516.43	445.13
Revenue Growth	10.56%	16.64%	25.80%	-6.35%	16.02%	3.21%
Gross Profit	723.05	679.79	585.16	459.13	497.79	424.06
Operating Income	283.71	287.63	263.03	114.22	244.97	201.68
Net Income	248.55	275.17	161.35	16.36	164.92	121.7
Earnings Per Share	1.75	2.04	1.35	0.15	1.81	1.39
EPS Growth	-7.41%	51.11%	800.00%	-91.71%	30.22%	75.95%

Cash & Debt

Fiscal Year	Current	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Sep '23 Sep 30, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018
Cash & Investments	134.17	8.77	17.8	70.3	14.49	14.49
Total Debt	3,820	3,575	3,013	2,506	2,153	2,055
Net Cash (Debt)	-3,686	-3,567	-2,995	-2,436	-2,139	-2,040
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-26.11	-26.49	-25.23	-23.30	-23.53	-23.59

Cash Flow & CapEx

Fiscal Year	TTM	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Sep '23 Sep 30, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018
Operating Cash Flow	521.11	486.45	411.13	314.31	339.05	336.37
Capital Expenditures	-448.71	-1,202	-1,159	-779.52	-1,090	-215.44
Free Cash Flow	72.4	-715.72	-747.69	-465.21	-750.52	120.93
Free Cash Flow Growth	-	-	-	-	-	-77.63%

Margins

Fiscal Year	TTM	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Sep '23 Sep 30, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018
Gross Margin	95.85%	95.80%	96.18%	94.94%	96.39%	95.27%
Operating Margin	37.61%	40.53%	43.23%	23.62%	47.43%	45.31%
Pretax Margin	34.45%	40.36%	28.32%	5.58%	36.17%	29.84%
Profit Margin	32.95%	38.78%	26.52%	3.38%	31.93%	27.34%
FCF Margin	9.60%	-100.86%	-122.90%	-96.19%	-145.33%	27.17%

Dividends

Fiscal Year	Current	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Oct '26 Oct 13, 2026	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018
Dividend Per Share	2.678	2.602	2.526	2.500	2.500	3.050
Dividend Per Share Growth	2.43%	3.01%	1.04%	0%	-18.03%	-15.28%
Dividend Yield	6.33%	6.50%	5.20%	6.20%	5.10%	8.70%

Valuation

Fiscal Year	Current	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Oct '26 Oct 13, 2026	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018
PE Ratio	24.18	20.27	36.83	267.13	29.74	24.82
P/FCF Ratio	82.72	-	-	-	-	24.98
PS Ratio	7.94	7.86	9.77	9.04	9.50	6.79