Realty Income Corporation (O)
NYSE: O · Real-Time Price · USD
63.87
-0.29 (-0.45%)
At close: Jul 31, 2026, 4:00 PM EDT
63.96
+0.09 (0.14%)
After-hours: Jul 31, 2026, 7:59 PM EDT

Realty Income Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
5,9185,7495,2714,0793,3442,080
Revenue Growth
9.77%9.07%29.23%21.99%60.72%26.31%
Gross Profit
5,4795,3214,8933,7623,1171,947
Operating Income
2,1972,0981,7991,6211,269745.66
Net Income
1,1211,059847.89872.31869.41359.46
Earnings Per Share
1.221.170.981.261.420.87
EPS Growth
10.91%19.39%-22.22%-11.27%63.22%-23.68%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Ex-Reimbursable Rental
5,2155,0974,7413,6843,1151,960
Reimbursable Rental
350.51340.4303.09274.2184.69104.85
Other
-312.05227.39120.84--
Revenue (Total)
5,9185,7495,2714,0793,3442,080

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
373.54434.84444.96232.92171.1258.58
Total Debt
31,10730,28927,86322,92719,49016,751
Net Cash (Debt)
-30,734-29,854-27,418-22,694-19,319-16,492
Net Cash Growth
------
Net Cash Per Share
-33.43-32.77-31.67-32.75-31.56-39.76

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
4,0823,9953,5732,9592,5641,322
Capital Expenditures
-5,248-4,780-3,384-8,122-8,982-6,332
Free Cash Flow
-1,166-784.92189.43-5,164-6,418-5,010
Free Cash Flow Growth
------

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
92.58%92.54%92.84%92.23%93.23%93.58%
Operating Margin
37.13%36.50%34.13%39.73%37.94%35.84%
Pretax Margin
20.87%20.09%17.72%22.77%27.44%18.86%
Profit Margin
19.25%18.61%16.45%21.50%26.09%17.34%
FCF Margin
-19.71%-13.65%3.59%-126.59%-191.95%-240.81%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
3.2523.2193.1333.0592.9692.845
Dividend Per Share Growth
1.50%2.74%2.42%3.03%4.36%1.57%
Dividend Yield
5.09%5.71%5.84%5.31%4.67%3.94%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
52.3448.1854.5045.5744.6782.29
P/FCF Ratio
--251.37---
PS Ratio
10.079.169.0310.5912.5320.35