Spirit Realty Capital Past Earnings Performance
Past criteria checks 1/6
Spirit Realty Capital has been growing earnings at an average annual rate of 20.6%, while the Retail REITs industry saw earnings growing at 12.6% annually. Revenues have been growing at an average rate of 12.4% per year. Spirit Realty Capital's return on equity is 5.8%, and it has net margins of 32.9%.
Key information
20.6%
Earnings growth rate
6.8%
EPS growth rate
| Retail REITs Industry Growth | 8.1% |
| Revenue growth rate | 12.4% |
| Return on equity | 5.8% |
| Net Margin | 32.9% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Spirit Realty Capital makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 23 | 754 | 248 | 60 | 0 |
| 30 Jun 23 | 744 | 286 | 60 | 0 |
| 31 Mar 23 | 730 | 315 | 59 | 0 |
| 31 Dec 22 | 710 | 275 | 57 | 0 |
| 30 Sep 22 | 682 | 249 | 55 | 0 |
| 30 Jun 22 | 652 | 213 | 54 | 0 |
| 31 Mar 22 | 642 | 218 | 54 | 0 |
| 31 Dec 21 | 608 | 161 | 52 | 0 |
| 30 Sep 21 | 580 | 146 | 50 | 0 |
| 30 Jun 21 | 541 | 118 | 48 | 0 |
| 31 Mar 21 | 495 | 30 | 46 | 0 |
| 31 Dec 20 | 482 | 16 | 47 | 0 |
| 30 Sep 20 | 544 | -9 | 48 | 0 |
| 30 Jun 20 | 543 | 59 | 50 | 0 |
| 31 Mar 20 | 533 | 105 | 53 | 0 |
| 31 Dec 19 | 501 | 164 | 52 | 0 |
| 30 Sep 19 | 444 | 214 | 51 | 0 |
| 30 Jun 19 | 435 | 164 | 49 | 0 |
| 31 Mar 19 | 427 | 143 | 53 | 0 |
| 31 Dec 18 | 426 | 137 | 53 | 0 |
| 30 Sep 18 | 414 | 119 | 48 | 0 |
| 30 Jun 18 | 419 | 97 | 50 | 0 |
| 31 Mar 18 | 427 | 79 | 43 | 0 |
| 31 Dec 17 | 426 | 37 | 55 | 0 |
| 30 Sep 17 | 492 | 4 | 48 | 0 |
| 30 Jun 17 | 551 | 24 | 48 | 0 |
| 31 Mar 17 | 609 | 67 | 50 | 0 |
| 31 Dec 16 | 426 | 28 | 45 | 0 |
| 30 Sep 16 | 668 | 102 | 46 | 0 |
| 30 Jun 16 | 667 | 90 | 45 | 0 |
| 31 Mar 16 | 666 | 93 | 45 | 0 |
| 31 Dec 15 | 660 | 92 | 48 | 0 |
| 30 Sep 15 | 647 | 117 | 47 | 0 |
| 30 Jun 15 | 633 | 110 | 46 | 0 |
| 31 Mar 15 | 616 | -30 | 44 | 0 |
| 31 Dec 14 | 598 | -42 | 43 | 0 |
| 30 Sep 14 | 582 | -66 | 41 | 0 |
| 30 Jun 14 | 567 | -97 | 41 | 0 |
| 31 Mar 14 | 491 | -17 | 39 | 0 |
| 31 Dec 13 | 418 | -34 | 35 | 0 |
| 30 Sep 13 | 348 | -41 | 28 | 0 |
| 30 Jun 13 | 275 | -71 | 39 | 0 |
| 31 Mar 13 | 274 | -68 | 33 | 0 |
Quality Earnings: 21S1 has a large one-off gain of $63.2M impacting its last 12 months of financial results to 30th September, 2023.
Growing Profit Margin: 21S1's current net profit margins (32.9%) are lower than last year (36.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 21S1's earnings have grown significantly by 20.6% per year over the past 5 years.
Accelerating Growth: 21S1's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 21S1 had negative earnings growth (-0.4%) over the past year, making it difficult to compare to the Retail REITs industry average (-34.3%).
Return on Equity
High ROE: 21S1's Return on Equity (5.8%) is considered low.