Spirit Realty Capital, Inc. (SRC): Price and Financial Metrics

SRC POWR Grades

• SRC scores best on the Growth dimension, with a Growth rank ahead of 95.6% of US stocks.
• SRC's strongest trending metric is Sentiment; it's been moving up over the last 51 weeks.
• SRC's current lowest rank is in the Value metric (where it is better than 24.13% of US stocks).

SRC Stock Summary

• The capital turnover (annual revenue relative to shareholder's equity) for SRC is 0.15 -- better than merely 14.12% of US stocks.
• Of note is the ratio of Spirit Realty Capital Inc's sales and general administrative expense to its total operating expenses; just 6.83% of US stocks have a lower such ratio.
• The ratio of debt to operating expenses for Spirit Realty Capital Inc is higher than it is for about 89.32% of US stocks.
• Stocks that are quantitatively similar to SRC, based on their financial statements, market capitalization, and price volatility, are DEA, CIO, CPLP, CUBE, and REG.
• Visit SRC's SEC page to see the company's official filings. To visit the company's web site, go to www.spiritrealty.com.

SRC Valuation Summary

• SRC's price/sales ratio is 11.5; this is 576.47% higher than that of the median Real Estate stock.
• SRC's price/sales ratio has moved down 2.1 over the prior 106 months.
• Over the past 106 months, SRC's price/sales ratio has gone down 2.1.

Below are key valuation metrics over time for SRC.

SRC Growth Metrics

• Its 2 year net cashflow from operations growth rate is now at -12.63%.
• The 5 year net income to common stockholders growth rate now stands at -8.05%.
• Its year over year net cashflow from operations growth rate is now at -6.96%.

SRC's revenue has moved down $125,195,000 over the prior 67 months.

The table below shows SRC's growth in key financial areas (numbers in millions of US dollars).

Date	Revenue	Operating Cash Flow	Net Income to Common Stock
2021-06-30	542.14	372.794	119.073
2021-03-31	496.038	311.565	30.736
2020-12-31	483.617	314.312	16.358
2020-09-30	476.127	286.224	-8.155
2020-06-30	529.333	327.789	59.341
2020-03-31	526.554	334.878	105.491

SRC's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.

• SRC has a Quality Grade of C, ranking ahead of 36.13% of graded US stocks.
• SRC's asset turnover comes in at 0.084 -- ranking 46th of 63 Real Estate stocks.
• AAMC, INTG, and HPP are the stocks whose asset turnover ratios are most correlated with SRC.

The table below shows SRC's key quality metrics over time.