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

SRC POWR Grades

• SRC scores best on the Sentiment dimension, with a Sentiment rank ahead of 87.39% of US stocks.
• The strongest trend for SRC is in Quality, which has been heading up over the past 177 days.
• SRC's current lowest rank is in the Value metric (where it is better than 19.81% of US stocks).

SRC Stock Summary

• Of note is the ratio of SPIRIT REALTY CAPITAL INC's sales and general administrative expense to its total operating expenses; only 5.62% of US stocks have a lower such ratio.
• For SRC, its debt to operating expenses ratio is greater than that reported by 91.59% of US equities we're observing.
• With a price/sales ratio of 7.83, SPIRIT REALTY CAPITAL INC has a higher such ratio than 86.14% of stocks in our set.
• If you're looking for stocks that are quantitatively similar to SPIRIT REALTY CAPITAL INC, a group of peers worth examining would be STAG, KIM, NHI, CUBE, and AHH.
• SRC's SEC filings can be seen here. And to visit SPIRIT REALTY CAPITAL INC's official web site, go to www.spiritrealty.com.

SRC Valuation Summary

• In comparison to the median Real Estate stock, SRC's EV/EBIT ratio is 4.78% lower, now standing at 27.9.
• Over the past 118 months, SRC's EV/EBIT ratio has gone down 40.8.

Below are key valuation metrics over time for SRC.

SRC Growth Metrics

Its 3 year cash and equivalents growth rate is now at 158.42%.
• Its 3 year net cashflow from operations growth rate is now at 35.1%.
• Its 2 year price growth rate is now at 59.99%.

Over the past 15 months, SRC's revenue has gone up $155,916,000.

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
2022-06-30	651.954	443.982	213.693
2022-03-31	641.645	424.973	218.877
2021-12-31	608.39	411.133	161.352
2021-09-30	580.967	383.171	146.153
2021-06-30	542.14	372.794	119.073
2021-03-31	496.038	311.565	30.736

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 35.81% of graded US stocks.
• SRC's asset turnover comes in at 0.087 -- ranking 45th of 63 Real Estate stocks.
• NEN, TPHS, 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.