Name | Value |
---|---|
Revenues | 188.0M |
Cost of Revenue | 8.1M |
Gross Profit | 179.9M |
Operating Expense | 93.9M |
Operating I/L | 1.3M |
Other Income/Expense | 2.9M |
Interest Income | 34.5M |
Pretax | 54.5M |
Income Tax Expense | 0.3M |
Net Income/Loss | 54.2M |
Spirit Realty Capital, Inc. (NYSE: SRC) is a leading net-lease REIT specializing in single-tenant, operationally essential real estate assets with long-term leases. Their portfolio comprises 1,778 properties spanning 37.2 million square feet across 48 states, encompassing retail, industrial, and office buildings leased to 296 tenants in 28 retail industries. The company generates revenue through leasing these properties to tenants, providing a stable income stream from rental payments and long-term lease agreements.