Spirit Realty Capital, Inc. (SRC) financial statements (2021 and earlier)

Company profile

Business Address 2727 NORTH HARWOOD STREET
DALLAS, TX 75201
State of Incorp. MD
Fiscal Year End December 31
SIC 6512 - Operators of Nonresidential Buildings (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments701416491022
Cash and cash equivalents70141491022
Short-term investments  150   
Total current assets:701416491022
Noncurrent Assets
Property, plant and equipment6,393 4,7587,2817,4797,527
Intangible assets, net (including goodwill)594226226254254264
Goodwill226226226254254264
Intangible assets, net (excluding goodwill)368     
Total noncurrent assets:6,9862264,9837,5367,7347,792
Other undisclosed assets(660)5,593(51)(281)(66)78
TOTAL ASSETS:6,3975,8335,0967,2647,6787,891
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities2,7962,4192,2953,9443,9964,429
Total liabilities:2,7962,4192,2953,9443,9964,429
Stockholders' equity
Stockholders' equity attributable to parent3,6013,4132,8023,3203,6823,462
Preferred stock166166166166  
Common stock654454
Additional paid in capital6,1275,6864,9965,1945,1774,721
Accumulated other comprehensive loss(9)(11)(7)  (1)
Accumulated deficit(2,689)(2,433)(2,357)(2,045)(1,500)(1,263)
Total stockholders' equity:3,6013,4132,8023,3203,6823,462
TOTAL LIABILITIES AND EQUITY:6,3975,8335,0967,2647,6787,891

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues484516445669686667
Revenue, net656662650
Operating lease, lease income480 
Operating leases, income statement, lease revenue402
Cost of revenue(131)(133)(126)(337)(319)(324)
Cost of goods and services sold(24)(19)(21)(37)(31)(28)
Gross profit:353383320332367343
Operating expenses(342)(252)(215)(318)(321)(315)
Other operating income, net175545   
Other expenses(157)(120)(82)   
Operating income:27187149144628
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
   (2)0(3)
Interest and debt expense(104)(101)(98)(2)0(3)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes  982(0)3
Income (loss) from continuing operations before equity method investments, income taxes:(77)86149124625
Other undisclosed income from continuing operations before income taxes104101    
Income from continuing operations before income taxes:27187149124625
Income tax expense(0)(12)(1)(0)(1)(1)
Income from continuing operations:27175148124524
Income from discontinued operations     0
Other undisclosed income before gain (loss) on sale of properties     1
Income before gain (loss) on sale of properties:27175148124525
Gain on sale of properties, net of applicable income taxes   6552 
Net income:27175148779725
Other undisclosed net income (loss) attributable to parent  (16)  68
Net income attributable to parent:27175132779793
Preferred stock dividends and other adjustments(10)(10)(10)(3)  
Net income available to common stockholders, basic:16165122759793
Dilutive securities, effect on basic earnings per share(1)1(1)(1)  
Other undisclosed net loss available to common stockholders, diluted (2)  (1)(1)
Net income available to common stockholders, diluted:16164121749793

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income:27175148779725
Other comprehensive income (loss)3(4)(7) 10
Comprehensive income:30171141779825
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(10)(10)(27)(3) 68
Comprehensive income, net of tax, attributable to parent:19161115759893

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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