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Financial Snapshot

Revenue
TTM
$754.4M
Gross Margin
TTM
95.85%
Net Income
TTM
$256.2M
Current Assets
2023 Q3
$141.6M
Current Liabilities
2023 Q3
$230.4M
Current Ratio
2023 Q3
61.46%
Total Assets
2023 Q3
Total Liabilities
2023 Q3
Book Value
2023 Q3
4.493B
Cash
2023 Q3
P/E
TTM
23.38
Free Cash Flow
TTM
-$308.0M

Stock Price

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Market Cap: $5.9891 Billion

About SPIRIT REALTY CAPITAL, INC.

Spirit Realty Capital, Inc. operates as a holding company, which engages in investments in real estate. The company is headquartered in Dallas, Texas and currently employs 89 full-time employees. The company went IPO on 2012-09-20. The firm's in-house functions include acquisitions, credit research, asset management, portfolio management, real estate research, legal, finance and accounting. The firm's objective is to maximize stockholder value by providing a growing stream of earnings and dividends generated by high quality, diversified commercial real estate. The company invests primarily in single-tenant, operationally essential real estate assets throughout the United States, which are leased on a long-term, triple-net basis to high quality tenants with operations in retail, industrial, and certain other industries. The firm operates through Spirit Realty, L.P. (the Operating Partnership) and its subsidiaries. The firm's real estate portfolio consists of approximately 2,115 retail, industrial, and other properties across 49 states, which are leased to 351 tenants operating in 34 industries.

Industry: Opeators of Nonresidential Buildings Peers: Agree Realty Corp Brixmor Property Group Inc NNN REIT Inc Site Centers Corp Federal Realty Investment Trust Kite Realty Group Trust RETAIL OPPORTUNITY INVESTMENTS CORP Phillips Edison & Co Inc Realty Income Corp Regency Centers Corp

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