Realty Income Corporation (O)
NYSE: O · Real-Time Price · USD
59.50
+0.46 (0.78%)
At close: Nov 9, 2026, 4:00 PM EST
59.41
-0.09 (-0.15%)
After-hours: Nov 9, 2026, 7:59 PM EST
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 | 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 |
Rental Revenue | 5,751 | 5,437 | 5,044 | 3,958 | 3,300 | 2,065 |
Other Revenue | 20.47 | 17.21 | 10.93 | 123.39 | 37.58 | 16.61 |
| 6,216 | 5,763 | 5,279 | 4,082 | 3,337 | 2,082 | |
Revenue Growth (YoY | 10.71% | 9.16% | 29.34% | 22.30% | 60.32% | 26.38% |
Property Expenses | 459.75 | 428.8 | 377.68 | 316.96 | 226.33 | 133.61 |
Selling, General & Administrative | 224.95 | 202.55 | 176.9 | 144.54 | 138.46 | 96.98 |
Depreciation & Amortization | 2,558 | 2,524 | 2,396 | 1,895 | 1,670 | 897.84 |
Other Operating Expenses | - | - | 4.49 | - | - | - |
Total Operating Expenses | 3,308 | 3,192 | 3,062 | 2,357 | 2,035 | 1,128 |
Operating Income | 2,908 | 2,570 | 2,217 | 1,725 | 1,302 | 953.15 |
Interest Expense | -1,226 | -1,135 | -1,017 | -730.42 | -465.22 | -323.64 |
Currency Exchange Gain (Loss) | -47.26 | -28.65 | 3.42 | -13.41 | -13.31 | 0.71 |
Other Non-Operating Income | 33.48 | 29.42 | 23.61 | 23.79 | 30.51 | 9.95 |
EBT Excluding Unusual Items | 1,669 | 1,436 | 1,227 | 1,005 | 854.03 | 640.16 |
Merger & Restructuring Charges | -25.8 | -24.21 | -86.7 | -14.46 | -13.9 | -167.41 |
Gain (Loss) on Sale of Assets | 255.2 | 177.64 | 117.28 | 25.67 | 102.96 | 55.8 |
Asset Writedown | -375.43 | -434.5 | -319.03 | -87.08 | -25.86 | -38.97 |
Other Unusual Items | - | - | -5.1 | - | 0.37 | -97.18 |
Pretax Income | 1,523 | 1,155 | 933.94 | 928.94 | 917.6 | 392.4 |
Income Tax Expense | 97.37 | 85.35 | 66.6 | 52.02 | 45.18 | 31.66 |
Earnings From Continuing Operations | 1,425 | 1,070 | 867.34 | 876.91 | 872.42 | 360.75 |
Minority Interest in Earnings | -69.48 | -11.19 | -6.57 | -4.61 | -3.01 | -1.29 |
Net Income | 1,356 | 1,059 | 860.77 | 872.31 | 869.41 | 359.46 |
Preferred Dividends & Other Adjustments | - | - | 12.88 | - | - | - |
Net Income to Common | 1,356 | 1,059 | 847.89 | 872.31 | 869.41 | 359.46 |
Net Income Growth | 40.91% | 24.85% | -2.80% | 0.33% | 141.87% | -9.11% |
Basic Shares Outstanding | 932 | 907 | 863 | 692 | 612 | 415 |
Diluted Shares Outstanding | 934 | 908 | 864 | 693 | 612 | 415 |
Shares Change | 4.10% | 5.16% | 24.64% | 13.21% | 47.59% | 20.08% |
EPS (Basic) | 1.45 | 1.17 | 0.98 | 1.26 | 1.42 | 0.87 |
EPS (Diluted) | 1.45 | 1.17 | 0.98 | 1.26 | 1.42 | 0.87 |
EPS Growth | 35.75% | 19.07% | -22.22% | -11.27% | 63.76% | -23.94% |
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 |
Dividend Per Share | 3.241 | 3.219 | 3.133 | 3.059 | 2.969 | 2.845 |
Dividend Growth | 1.12% | 2.74% | 2.42% | 3.03% | 4.36% | 1.57% |
Operating Margin | 46.78% | 44.60% | 42.00% | 42.26% | 39.02% | 45.79% |
Profit Margin | 21.81% | 18.37% | 16.06% | 21.37% | 26.05% | 17.27% |
EBITDA | 5,497 | 5,114 | 4,648 | 3,682 | 3,028 | 1,851 |
EBITDA Margin | 88.43% | 88.73% | 88.04% | 90.20% | 90.73% | 88.92% |
D&A For Ebitda | 2,589 | 2,543 | 2,430 | 1,957 | 1,726 | 897.84 |
EBIT | 2,908 | 2,570 | 2,217 | 1,725 | 1,302 | 953.15 |
EBIT Margin | 46.78% | 44.60% | 42.00% | 42.26% | 39.02% | 45.79% |
Funds From Operations (FFO) | 4,017 | 3,860 | 3,468 | 2,822 | 2,472 | 1,241 |
FFO Per Share | 4.30 | 4.25 | 4.01 | 4.07 | 4.04 | 2.99 |
Adjusted Funds From Operations (AFFO) | 4,137 | 3,886 | 3,621 | 2,775 | 2,401 | 1,489 |
AFFO Per Share | 4.43 | 4.28 | 4.19 | 4.00 | 3.92 | 3.59 |
FFO Payout Ratio | 75.35% | 75.66% | 77.62% | 74.83% | 73.36% | 94.23% |
Effective Tax Rate | 6.40% | 7.39% | 7.13% | 5.60% | 4.92% | 8.07% |
Revenue as Reported | 6,206 | 5,749 | 5,271 | 4,079 | 3,344 | 2,080 |