Revenue

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	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012
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	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016	Dec '15 Dec 31, 2015	Dec '14 Dec 31, 2014	Dec '13 Dec 31, 2013	Dec '12 Dec 31, 2012
Lease Revenue	1.53T	1.48T	1.33T
Lease Revenue Growth	3.32%	11.07%	-6.70%
Income from Direct Financing Leases and Loans Receivable	101.18B	90.95B	73.26B
Income from Direct Financing Leases and Loans Receivable Growth	11.25%	24.14%	-31.64%
Operating Property Revenue	91.49B	112.53B	146.81B
Operating Property Revenue Growth	-18.70%	-23.35%	-18.55%
Other Lease-Related Income	31.89B	24.56B	20.33B
Other Lease-Related Income Growth	29.85%	20.79%	-12.85%
Total Real Estate Revenue	1.75T	1.71T	1.57T
Total Real Estate Revenue Growth	2.67%	8.59%	-9.55%
Other Advisory Income and Reimbursements	4.22B	4.28B	4.22B
Other Advisory Income and Reimbursements Growth	-1.56%	1.42%	308.12%
Asset Management Revenue	4.10B	4.96B	6.60B
Asset Management Revenue Growth	-17.35%	-24.86%	202.06%
Investment Management Revenue	8.31B	9.24B	10.82B
Investment Management Revenue Growth	-10.03%	-14.60%	236.16%
Revenue (Total)	1.76B	1.72B	1.58B
Revenue (Total) Growth	2.60%	8.43%	-9.09%

Key Performance Indicators

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	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012
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	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016	Dec '15 Dec 31, 2015	Dec '14 Dec 31, 2014	Dec '13 Dec 31, 2013	Dec '12 Dec 31, 2012
ABR (Annualized Base Rent)	1.58B	1.55B	1.34B
ABR (Annualized Base Rent) Growth	1.96%	16.16%	-0.16%
Number of Net-Leased Properties	1.70K	1.68K	1.56K
Number of Net-Leased Properties Growth	1.25%	8.17%	9.20%
Number of Tenants	374.00	371.00	355.00
Number of Tenants Growth	0.81%	4.51%	5.66%
Total Square Footage	185.33M	183.50M	176.42M
Total Square Footage Growth	1.00%	4.01%	2.17%
Net-Leased Properties Occupancy	98.10%	98.00%	98.60%
Net-Leased Properties Occupancy Weighted-Average Lease Term (Years)	12.10	12.00	12.30
Net-Leased Properties Occupancy Weighted-Average Lease Term (Years) Growth	0.83%	-2.44%	5.13%
Number of Operating Properties	5.00	16.00	84.00
Number of Operating Properties Growth	-68.75%	-80.95%	-12.50%
Number of Self-Storage Operating Properties	-	11.00	78.00
Number of Self-Storage Operating Properties Growth	-	-85.90%	-12.36%
Number of Student Housing Operating Properties	1.00	1.00	2.00
Number of Student Housing Operating Properties Growth	-	-50.00%	-
Number of Hotel Operating Properties	4.00	4.00	4.00
Number of Hotel Operating Properties Growth	-	-	-20.00%
Operating Properties Occupancy (Self-Storage Operating Properties)	-	87.60%	89.60%

Updated Mar 31, 2026. Data Source: Fiscal.ai.