Realty Income Corporation (O)
NYSE: O · Real-Time Price · USD
60.11
-0.91 (-1.49%)
At close: Sep 9, 2026, 4:00 PM EDT
60.24
+0.13 (0.22%)
After-hours: Sep 9, 2026, 7:57 PM EDT

Realty Income Statistics

Total Valuation

Realty Income has a market cap or net worth of $56.86 billion. The enterprise value is $87.62 billion.

Market Cap56.86B
Enterprise Value 87.62B

Important Dates

The last earnings date was Wednesday, August 5, 2026, after market close.

Earnings Date Aug 5, 2026
Ex-Dividend Date Aug 31, 2026

Share Statistics

Realty Income has 945.90 million shares outstanding. The number of shares has increased by 4.53% in one year.

Current Share Class 943.22M
Shares Outstanding 945.90M
Shares Change (YoY) +4.53%
Shares Change (QoQ) +0.02%
Owned by Insiders (%) 0.13%
Owned by Institutions (%) 80.03%
Float 941.07M

Valuation Ratios

The trailing PE ratio is 43.93 and the forward PE ratio is 35.94. Realty Income's PEG ratio is 12.01.

Price/FFO Ratio 14.08
Price/AFFO Ratio n/a
PE Ratio 43.93
Forward PE 35.94
PS Ratio 9.37
Forward PS 9.56
PB Ratio 1.44
P/TBV Ratio 1.96
P/FCF Ratio n/a
P/OCF Ratio 13.65
PEG Ratio 12.01
Financial Ratio History

Enterprise Valuation

EV / Earnings 69.13
EV / Sales 14.45
EV / EBITDA 16.35
EV / EBIT 31.40
EV / FCF n/a

Financial Position

The company has a current ratio of 1.53, with a Debt / Equity ratio of 0.75.

Current Ratio 1.53
Quick Ratio 0.74
Debt / Equity 0.75
Debt / EBITDA 5.85
Debt / FCF n/a
Interest Coverage 2.35

Financial Efficiency

Return on equity (ROE) is 3.22% and return on invested capital (ROIC) is 3.59%.

Return on Equity (ROE) 3.22%
Return on Assets (ROA) 2.36%
Return on Invested Capital (ROIC) 3.59%
Return on Capital Employed (ROCE) 3.89%
Weighted Average Cost of Capital (WACC) 6.52%
Revenue Per Employee $11.15M
Profits Per Employee $2.33M
Employee Count544
Asset Turnover 0.08
Inventory Turnover n/a

Taxes

In the past 12 months, Realty Income has paid $97.63 million in taxes.

Income Tax 97.63M
Effective Tax Rate 6.93%

Stock Price Statistics

The stock price has increased by +1.71% in the last 52 weeks. The beta is 0.71, so Realty Income's price volatility has been lower than the market average.

Beta (5Y) 0.71
52-Week Price Change +1.71%
50-Day Moving Average 63.15
200-Day Moving Average 61.89
Relative Strength Index (RSI) 31.36
Average Volume (20 Days) 5,383,736

Short Selling Information

The latest short interest is 37.79 million, so 3.99% of the outstanding shares have been sold short.

Short Interest 37.79M
Short Previous Month 40.02M
Short % of Shares Out 3.99%
Short % of Float 4.02%
Short Ratio (days to cover) 7.24

Income Statement

In the last 12 months, Realty Income had revenue of $6.07 billion and earned $1.27 billion in profits. Earnings per share was $1.37.

Revenue6.07B
Gross Profit 5.62B
Operating Income 2.79B
Pretax Income 1.41B
Net Income 1.27B
EBITDA 5.36B
EBIT 2.79B
Earnings Per Share (EPS) $1.37
Full Income Statement

Balance Sheet

The company has $569.95 million in cash and $31.33 billion in debt, with a net cash position of -$30.76 billion or -$32.52 per share.

Cash & Cash Equivalents 569.95M
Total Debt 31.33B
Net Cash -30.76B
Net Cash Per Share -$32.52
Equity (Book Value) 41.93B
Book Value Per Share 41.80
Working Capital 2.47B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $4.17 billion and capital expenditures -$6.15 billion, giving a free cash flow of -$1.98 billion.

Operating Cash Flow 4.17B
Capital Expenditures -6.15B
Depreciation & Amortization 2.54B
Net Borrowing n/a
Free Cash Flow -1.98B
FCF Per Share -$2.10
Full Cash Flow Statement

Margins

Gross margin is 92.68%, with operating and profit margins of 46.01% and 20.90%.

Gross Margin 92.68%
Operating Margin 46.01%
Pretax Margin 23.22%
Profit Margin 20.90%
EBITDA Margin 88.33%
EBIT Margin 46.01%
FCF Margin n/a

Dividends & Yields

This stock pays an annual dividend of $3.25, which amounts to a dividend yield of 5.41%.

Dividend Per Share $3.25
Dividend Yield 5.41%
Dividend Growth (YoY) 1.38%
Years of Dividend Growth 22
Payout Ratio 237.65%
Buyback Yield -4.53%
Shareholder Yield 0.88%
Earnings Yield 2.23%
FCF Yield -3.49%
Dividend Details

Analyst Forecast

The average price target for Realty Income is $68.16, which is 13.39% higher than the current price. The consensus rating is "Hold".

Price Target $68.16
Price Target Difference 13.39%
Analyst Consensus Hold
Analyst Count 24
Revenue Growth Forecast (3Y) 4.56%
EPS Growth Forecast (3Y) 11.06%
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on January 3, 2005. It was a forward split with a ratio of 2:1.

Last Split Date Jan 3, 2005
Split Type Forward
Split Ratio 2:1

Scores

Altman Z-Score n/a
Piotroski F-Score 6