Realty Income Corporation (O)
NYSE: O · Real-Time Price · USD
64.11
-1.43 (-2.18%)
Jul 30, 2026, 3:48 PM EDT - Market open
Realty Income Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 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 |
Property Revenue | - | 5,437 | 5,044 | 3,958 | 3,300 | 2,065 |
Service and Other Revenue | 352.51 | 312.05 | 227.39 | 120.84 | 44.02 | 15.51 |
| 5,918 | 5,749 | 5,271 | 4,079 | 3,344 | 2,080 | |
Revenue Growth | 9.77% | 9.07% | 29.23% | 21.99% | 60.72% | 26.31% |
Property Expenses | 438.96 | 428.8 | 377.68 | 316.96 | 226.33 | 133.61 |
Total Property Expenses | 438.96 | 428.8 | 377.68 | 316.96 | 226.33 | 133.61 |
Gross Profit | 5,479 | 5,321 | 4,893 | 3,762 | 3,117 | 1,947 |
Selling, General & Admin | 217.4 | 202.55 | 176.9 | 144.54 | 138.46 | 96.98 |
Depreciation & Amortization Expenses | 2,546 | 2,524 | 2,396 | 1,895 | 1,670 | 897.84 |
Other Operating Expenses | 518.74 | 495.55 | 522.13 | 101.55 | 39.76 | 206.38 |
Operating Income | 2,197 | 2,098 | 1,799 | 1,621 | 1,269 | 745.66 |
Net Gains on Disposal of Properties | 190.75 | 177.64 | 117.28 | 25.67 | 102.96 | 55.8 |
Interest Income | 11.64 | 13.33 | 7.79 | 2.55 | -6.45 | 1.11 |
Interest Expense | -1,158 | -1,135 | -1,017 | -730.42 | -465.22 | -323.64 |
Other Non-Operating Income (Expense) | -5.77 | 0.76 | 27.03 | 10.38 | 16.83 | -86.52 |
Total Non-Operating Income (Expense) | -961.83 | -943.15 | -864.86 | -691.84 | -351.88 | -353.26 |
Pretax Income | 1,235 | 1,155 | 933.94 | 928.94 | 917.6 | 392.4 |
Provision for Income Taxes | 95.88 | 85.35 | 66.6 | 52.02 | 45.18 | 31.66 |
Net Income | 1,139 | 1,070 | 867.34 | 876.91 | 872.42 | 360.75 |
Minority Interest in Earnings | 18.72 | 11.19 | 6.57 | 4.61 | 3.01 | 1.29 |
Net Income Attributable to Preferred Dividends | - | - | 12.88 | - | - | - |
Net Income to Common | 1,121 | 1,059 | 847.89 | 872.31 | 869.41 | 359.46 |
Net Income Growth | 14.54% | 24.85% | -2.80% | 0.33% | 141.87% | -9.11% |
Shares Outstanding (Basic) | 917 | 907 | 863 | 692 | 612 | 415 |
Shares Outstanding (Diluted) | 919 | 911 | 866 | 693 | 612 | 415 |
Shares Change | 4.61% | 5.22% | 24.94% | 13.21% | 47.59% | 20.08% |
EPS (Basic) | 1.22 | 1.17 | 0.98 | 1.26 | 1.42 | 0.87 |
EPS (Diluted) | 1.22 | 1.17 | 0.98 | 1.26 | 1.42 | 0.87 |
EPS Growth | 10.91% | 19.39% | -22.22% | -11.27% | 63.22% | -23.68% |
Free Cash Flow | -1,166 | -784.92 | 189.43 | -5,164 | -6,418 | -5,010 |
Free Cash Flow Growth | - | - | - | - | - | - |
Free Cash Flow Per Share | -1.27 | -0.86 | 0.22 | -7.45 | -10.48 | -12.08 |
Dividends Per Share | 3.233 | 3.219 | 3.133 | 3.059 | 2.969 | 2.845 |
Dividend Growth | 2.36% | 2.74% | 2.42% | 3.03% | 4.36% | 1.57% |
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% |
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% |
EBITDA | 4,743 | 4,622 | 4,194 | 3,516 | 2,939 | 1,643 |
EBITDA Margin | 80.14% | 80.40% | 79.57% | 86.20% | 87.90% | 79.00% |
EBIT | 2,197 | 2,098 | 1,799 | 1,621 | 1,269 | 745.66 |
EBIT Margin | 37.13% | 36.50% | 34.13% | 39.73% | 37.94% | 35.84% |
Effective Tax Rate | 7.76% | 7.39% | 7.13% | 5.60% | 4.92% | 8.07% |