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Spirit Realty Capital (Spirit Realty Capital) Book Value per Share : $30.61 (As of Sep. 2023)


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What is Spirit Realty Capital Book Value per Share?

Spirit Realty Capital's book value per share for the quarter that ended in Sep. 2023 was $30.61.

During the past 12 months, Spirit Realty Capital's average Book Value Per Share Growth Rate was -1.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -0.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -2.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -3.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Spirit Realty Capital was 46.60% per year. The lowest was -11.10% per year. And the median was -3.30% per year.

Spirit Realty Capital's current price is $42.31. Its book value per share for the quarter that ended in Sep. 2023 was $30.61. Hence, today's PB Ratio of Spirit Realty Capital is 1.38.

During the past 13 years, the highest P/B Ratio of Spirit Realty Capital was 1.76. The lowest was 0.72. And the median was 1.27.


Spirit Realty Capital Book Value per Share Historical Data

The historical data trend for Spirit Realty Capital's Book Value per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Spirit Realty Capital Book Value per Share Chart

Spirit Realty Capital Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.72 31.69 29.92 30.02 31.12

Spirit Realty Capital Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 31.18 31.12 31.05 30.95 30.61

Competitive Comparison of Spirit Realty Capital's Book Value per Share

For the REIT - Diversified subindustry, Spirit Realty Capital's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Spirit Realty Capital's PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Spirit Realty Capital's PB Ratio distribution charts can be found below:

* The bar in red indicates where Spirit Realty Capital's PB Ratio falls into.



Spirit Realty Capital Book Value per Share Calculation

Spirit Realty Capital's Book Value Per Share for the fiscal year that ended in Dec. 2022 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(4,561.3-166.2)/141.2
=31.12

Spirit Realty Capital's Book Value Per Share for the quarter that ended in Sep. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(4,492.8-166.2)/141.3
=30.61

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


Spirit Realty Capital  (NYSE:SRC) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Spirit Realty Capital Book Value per Share Related Terms

Thank you for viewing the detailed overview of Spirit Realty Capital's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Spirit Realty Capital (Spirit Realty Capital) Business Description

Traded in Other Exchanges
Address
2727 North Harwood Street, Suite 300, Spirit Realty Capital, Dallas, TX, USA, 75201
Spirit Realty Capital Inc is a real estate investment trust primarily involved in leasing properties throughout the U.S. Spirit Realty's core business is acquiring real estate through sale-leaseback transactions in which a tenant will sell their property to Spirit and then lease that same property back from Spirit through a prearranged, long-term agreement. Spirit generates nearly all of its revenue in the form of rental income derived from leasing assets in its real estate portfolio. The vast majority of this portfolio is composed of retail properties. General merchandise companies, casual dining chains, and quick service restaurant chains represent significant amounts of Spirit's rental income. The company's real estate assets are fairly evenly distributed throughout the U.S.
Executives
Michelle M Frymire director C/O SPIRIT REALTY CAPITAL, INC., 2727 N. HARWOOD STREET, SUITE 300, DALLAS TX 75201
Richard I Gilchrist director 5950 SHERRY LANE, SUITE 700, DALLAS TX 75225
Rochelle Thomas officer: EVP, General Counsel C/O SPIRIT REALTY CAPITAL, INC., 2727 N HARWOOD STREET, SUITE 300, DALLAS TX 75201
Jay Young officer: EVP, General Counsel 5501 LBJ FREEWAY, 5TH FLOOR, DALLAS TX 75240
Thomas J Sullivan director C/O SPIRIT REALTY CAPITAL INC., 2727 N. HARWOOD STREET, SUITE 300, DALLAS TX 75201
Kristian M Gathright director 10 S THIRD ST, RICHMOND VA 23219
Diana Laing director THE MACERICH COMPANY, 401 WILSHIRE BVLD., STE. 700, SANTA MONICA CA 90401
Elizabeth F Frank director ONE AMC WAY, 11500 ASH STREET, LEAWOOD KS 66211
Kenneth Heimlich officer: EVP, Asset Management 2727 N. HARWOOD ST., STE. 300, DALLAS TX 75201
Jackson Hsieh director, officer: CEO and President 2727 N HARWOOD STREET, SUITE 300, DALLAS TX 75201
Michael C. Hughes officer: EVP, CFO 545 E. JOHN CARPENTER FWY., SUITE 1300, IRVING TX 75062
Prakash J Parag officer: SVP, Chief Accounting Officer 2727 N HARWOOD STREET, SUITE 300, DALLAS X1 75201
Thomas D Senkbeil director
Sheli Z Rosenberg director C/O EQUITY GROUP INVESTMENTS, L.L.C., TWO NORTH RIVERSIDE PLAZA, SUITE 600, CHICAGO IL 60606
Todd A Dunn director 14631 NORTH SCOTTSDALE RD., SUITE 200, SCOTTSDALE AZ 85254