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Spirit Realty Capital (Spirit Realty Capital) Pretax Margin % : 20.39% (As of Sep. 2023)


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What is Spirit Realty Capital Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Spirit Realty Capital's Pre-Tax Income for the three months ended in Sep. 2023 was $38.7 Mil. Spirit Realty Capital's Revenue for the three months ended in Sep. 2023 was $189.8 Mil. Therefore, Spirit Realty Capital's pretax margin for the quarter that ended in Sep. 2023 was 20.39%.

The historical rank and industry rank for Spirit Realty Capital's Pretax Margin % or its related term are showing as below:

SRC' s Pretax Margin % Range Over the Past 10 Years
Min: -8.39   Med: 8.23   Max: 40.6
Current: 34.71


SRC's Pretax Margin % is not ranked
in the REITs industry.
Industry Median: 33.45 vs SRC: 34.71

Spirit Realty Capital Pretax Margin % Historical Data

The historical data trend for Spirit Realty Capital's Pretax Margin % 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 Pretax Margin % Chart

Spirit Realty Capital Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.26 36.45 5.60 28.40 40.60

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
Pretax Margin % 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 42.50 38.49 51.21 28.98 20.39

Competitive Comparison of Spirit Realty Capital's Pretax Margin %

For the REIT - Diversified subindustry, Spirit Realty Capital's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % Distribution in the REITs Industry

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

* The bar in red indicates where Spirit Realty Capital's Pretax Margin % falls into.



Spirit Realty Capital Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Spirit Realty Capital's Pretax Margin for the fiscal year that ended in Dec. 2022 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2022 )/Revenue (A: Dec. 2022 )
=286.413/705.438
=40.60 %

Spirit Realty Capital's Pretax Margin for the quarter that ended in Sep. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2023 )/Revenue (Q: Sep. 2023 )
=38.703/189.842
=20.39 %

* 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.


Spirit Realty Capital  (NYSE:SRC) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Spirit Realty Capital Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Spirit Realty Capital's Pretax Margin % 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