Realty Income Corporation (O)
NYSE: O · Real-Time Price · USD
59.04
-0.46 (-0.77%)
At close: Nov 6, 2026, 4:00 PM EST
59.22
+0.18 (0.30%)
Pre-market: Nov 9, 2026, 5:31 AM EST
Realty Income Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 1,356 | 1,059 | 860.77 | 872.31 | 869.41 | 359.46 |
Depreciation & Amortization | 2,589 | 2,543 | 2,430 | 1,957 | 1,726 | 897.84 |
Other Amortization | 60.33 | 29.65 | 23.94 | 26.67 | 15.61 | 12.33 |
Gain (Loss) on Sale of Assets | -255.2 | -177.64 | -117.28 | -25.67 | -102.96 | -55.8 |
Gain (Loss) on Sale of Investments | - | - | - | - | - | 2.91 |
Asset Writedown | 375.43 | 434.5 | 319.03 | 87.08 | 25.86 | 38.97 |
Stock-Based Compensation | 36.15 | 30.77 | 57.49 | 26.23 | 21.62 | 41.77 |
Income (Loss) on Equity Investments | 17.71 | 26.53 | 13.25 | 3.26 | 8.05 | -0.74 |
Change in Accounts Receivable | -227.39 | -115.79 | 28.08 | -111.29 | -29.52 | -38.29 |
Change in Accounts Payable | 195.24 | 193.64 | 2.61 | 285.29 | -5.29 | -24.71 |
Other Operating Activities | -63.53 | -65.53 | -151.76 | -161.8 | 35.09 | 88.47 |
Operating Cash Flow | 4,149 | 3,995 | 3,573 | 2,959 | 2,564 | 1,322 |
Operating Cash Flow Growth | 10.25% | 11.79% | 20.77% | 15.40% | 93.91% | 18.52% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Acquisition of Real Estate Assets | -7,313 | -4,780 | -3,384 | -8,122 | -8,982 | -6,332 |
Sale of Real Estate Assets | 1,195 | 744.01 | 589.45 | 117.35 | 436.12 | 250.54 |
Net Sale / Acq. of Real Estate Assets | -6,118 | -4,036 | -2,794 | -8,005 | -8,546 | -6,082 |
Cash Acquisition | - | - | 93.68 | - | - | -366.03 |
Investment in Marketable & Equity Securities | -395.84 | -52.27 | -70.38 | -1,175 | 109.49 | 38.35 |
Other Investing Activities | 27.8 | 38.03 | 59.86 | 27.08 | 49.27 | -28.39 |
Investing Cash Flow | -9,119 | -5,663 | -3,343 | -9,355 | -8,387 | -6,438 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | - | 23,579 | 39,545 | 82,607 | 30,694 | 10,116 |
Long-Term Debt Repaid | - | -21,792 | -38,369 | -79,420 | -27,747 | -9,275 |
Net Debt Issued (Repaid) | 3,256 | 1,788 | 1,176 | 3,187 | 2,947 | 840.69 |
Issuance of Common Stock | 2,099 | 2,376 | 1,755 | 5,451 | 4,568 | 4,454 |
Repurchase of Common Stock | -290.63 | - | - | - | - | - |
Preferred Share Repurchases | - | - | -172.51 | - | - | - |
Common Dividends Paid | -3,027 | -2,921 | -2,692 | -2,112 | -1,813 | -1,169 |
Preferred Dividends Paid | - | - | -7.76 | - | - | - |
Total Dividends Paid | -3,027 | -2,921 | -2,699 | -2,112 | -1,813 | -1,169 |
Other Financing Activities | 3,068 | 434.92 | -79.61 | -88.79 | 36.88 | 451.5 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | -2.23 | 15.87 | -5.9 | 24.02 | -20.51 | 20.08 |
Net Cash Flow | 133.06 | 25.25 | 203.33 | 65.29 | -105.49 | -518.31 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Levered Free Cash Flow | 1,631 | 2,676 | 2,486 | 1,818 | 1,691 | 1,051 |
Unlevered Free Cash Flow | 2,337 | 3,356 | 3,098 | 2,248 | 1,966 | 1,241 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 1,132 | 1,072 | 970.01 | 692 | 501.72 | 355.48 |
Cash Income Tax Paid | 46.03 | 49.79 | 32.28 | 12.28 | 45.03 | 19.68 |
Change in Working Capital | -32.15 | 77.85 | 30.69 | 174.01 | -34.81 | -63.01 |