REALTY INCOME CORP
REALTY INCOME CORP
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Financial Statements
Values in Millions ($) | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Financial statements beyond 3 years are for subscribers only. Unlock 17+ years of income statements, balance sheets, and cash flow statements Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Real Estate Investment Pr… | |||||||||||||||||
Land | 18,906 | 18,629 | 18,368 | 18,127 | 18,047 | 17,725 | 17,321 | 17,141 | 16,760 | 16,788 | 14,929 | 14,408 | |||||
Investment Building And Building Improvements | 45,672 | 44,465 | 43,824 | 42,921 | 42,694 | 41,693 | 40,975 | 40,608 | 39,896 | 39,675 | 34,657 | 33,607 | |||||
Real Estate Investment Property At Cost | 64,579 | 63,094 | 62,192 | 61,048 | 60,742 | 59,418 | 58,295 | 57,749 | 56,656 | 56,463 | 49,586 | 48,015 | |||||
Real Estate Investment Property Accumulated Deprec… | -9,466 | -9,092 | -8,779 | -8,460 | -8,144 | -7,759 | -7,381 | -7,066 | -6,694 | -6,392 | -6,072 | -5,781 | |||||
Real Estate Investment Property Net | 55,112 | 54,001 | 53,414 | 52,588 | 52,598 | 51,659 | 50,914 | 50,683 | 49,962 | 50,070 | 43,514 | 42,234 | |||||
Assets Of Disposal Group Including Discontinued Op… | 153 | 140 | 92 | 175 | 117 | 120 | 95 | 60 | 191 | 78 | 31 | 20 | |||||
Cash And Cash Equivalents At Carrying Value | 553 | 374 | 435 | 417 | 800 | 319 | 445 | 397 | 443 | 680 | 233 | 344 | |||||
Accounts Receivable Net | 1,135 | 1,117 | 1,053 | 1,007 | 962 | 952 | 878 | 835 | 789 | 789 | 711 | 678 | |||||
Finite Lived Intangible Assets Net | 5,617 | 5,649 | 5,717 | 5,859 | 6,034 | 6,216 | 6,323 | 6,600 | 6,730 | 7,037 | 5,018 | 5,089 | |||||
Goodwill | 4,932 | 4,932 | 4,932 | 4,932 | 4,932 | 4,932 | 4,932 | 4,932 | 4,931 | 4,991 | 3,731 | 3,731 | |||||
Real Estate Investments Unconsolidated Real Estate… | 1,348 | 1,321 | 1,256 | 1,234 | 1,226 | 1,234 | 1,230 | 1,225 | 1,220 | 1,203 | 1,172 | - | |||||
Other Assets | 2,702 | 7,021 | 5,896 | 5,067 | 4,754 | 4,325 | 4,019 | 3,736 | 3,796 | 3,479 | 3,369 | 3,239 | |||||
Assets | 76,441 | 74,555 | 72,796 | 71,279 | 71,424 | 69,758 | 68,835 | 68,469 | 68,061 | 68,328 | 57,779 | 55,337 | |||||
Dividends Payable Current And Noncurrent | 259 | 255 | 255 | 251 | 248 | 245 | 238 | 233 | 231 | 226 | 195 | 187 | |||||
Accounts Payable And Accrued Liabilities Current A… | 1,119 | 953 | 1,061 | 930 | 954 | 730 | 759 | 880 | 884 | 803 | 739 | 660 | |||||
Below Market Lease Net | 1,457 | 1,479 | 1,494 | 1,528 | 1,581 | 1,609 | 1,636 | 1,677 | 1,705 | 1,740 | 1,407 | 1,426 | |||||
Other Liabilities | 1,020 | 1,004 | 1,067 | 938 | 925 | 916 | 923 | 864 | 867 | 900 | 812 | 786 | |||||
Loans Payable | 2,760 | 2,371 | 1,702 | 1,637 | 1,956 | 2,392 | 2,358 | 2,428 | 2,370 | 2,370 | 1,332 | 1,288 | |||||
Secured Debt | 37 | 37 | 38 | 38 | 38 | 43 | 81 | 198 | 199 | 200 | 822 | 824 | |||||
Notes Payable | 25,092 | 24,912 | 25,032 | 24,781 | 24,886 | 22,879 | 22,658 | 23,092 | 21,742 | 21,748 | 18,602 | 17,483 | |||||
Liabilities | 34,507 | 33,319 | 32,672 | 32,019 | 32,061 | 30,516 | 29,783 | 29,799 | 29,146 | 29,010 | 24,672 | 23,514 | |||||
Stockholders Equity Inclu… | |||||||||||||||||
Temporary Equity Carrying Amount Attributable To P… | - | - | - | - | - | - | - | - | 167 | 167 | - | - | |||||
Common Stocks Including Additional Paid In Capital | 50,846 | 49,984 | 49,862 | 49,034 | 48,709 | 48,076 | 47,451 | 46,506 | 46,231 | 46,221 | 39,630 | 38,032 | |||||
Accumulated Distributions In Excess Of Net Income | -11,391 | -10,974 | -10,528 | -10,076 | -9,651 | -9,117 | -8,649 | -8,151 | -7,724 | -7,300 | -6,762 | -6,417 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | 95 | 137 | 105 | 92 | 96 | 73 | 38 | 103 | 75 | 65 | 74 | 42 | |||||
Stockholders Equity | 41,934 | 41,236 | 39,439 | 39,260 | 39,153 | 39,242 | 38,841 | 38,670 | 38,747 | 38,986 | 33,107 | 31,823 | |||||
Minority Interest | 2,385 | 2,088 | 685 | 210 | 210 | 211 | 211 | 212 | 165 | 165 | 166 | 166 | |||||
Liabilities And Stockholders Equity | 76,441 | 74,555 | 72,796 | 71,279 | 71,424 | 69,758 | 68,835 | 68,469 | 68,061 | 68,328 | 57,779 | 55,337 | |||||
Preferred Stock Dividend Rate Percentage | - | - | - | - | - | - | - | - | 0 | 0 | - | - | |||||
Temporary Equity Par Or Stated Value Per Share | - | - | - | - | - | - | - | - | 0.01 | 0.01 | - | - | |||||
Temporary Equity Shares Authorized | - | - | - | - | - | - | - | - | 70 | 70 | - | - | |||||
Temporary Equity Shares Issued | - | - | - | - | - | - | - | - | 7 | 7 | - | - | |||||
Temporary Equity Shares Outstanding | - | - | - | - | - | - | - | - | 7 | 7 | - | - | |||||
Temporary Equity Liquidation Preference Per Share | - | - | - | - | - | - | - | - | 25 | 25 | - | - | |||||
Common Stock Par Or Stated Value Per Share | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | |||||
Common Stock Shares Authorized | 1,300 | 1,300 | 1,300 | 1,300 | 1,300 | 1,300 | 1,300 | 1,300 | 1,300 | 1,300 | 1,300 | 1,300 | |||||
Common Stock Shares Issued | 946 | 932 | 934 | 920 | 914 | 903 | 892 | 875 | 871 | 871 | 752 | 724 | |||||
Shares Outstanding | 946 | 932 | 934 | 920 | 914 | 903 | 892 | 875 | 871 | 871 | 752 | 724 | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -0.39% | 2.60% | 7.09% | - | - | - | - | - | - | - | - | - |
| 2025 | -0.30% | 0.90% | 2.92% | 2.93% | 6.14% | 6.03% | 3.11% | 1.46% | 9.22% | -7.26% | -0.52% | -6.19% |
| 2024 | -3.56% | -3.52% | 6.60% | 2.76% | 4.23% | 2.30% | -1.58% | -10.06% | -6.73% | -0.31% | 4.67% | 1.41% |
| 2023 | - | - | - | - | - | - | 8.21% | 14.30% | 9.42% | -0.46% | -0.30% | 5.93% |
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Performance and Valuation Metrics
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Metrics | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Metric history beyond 3 years is for subscribers only. Unlock 17+ years of history across 90+ calculated metrics Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Leverage & Debt | |||||||||||||||||
| Interest Coverage TTM | - | - | - | - | 4.74 | 3.03 | 2.22 | 1.99 | 2.03 | 2.02 | 2.27 | 2.42 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | 1.39 | 1.21 | 1.18 | 1.04 | 1.00 | 1.08 | 0.98 | 1.01 | 0.97 | 0.93 | 1.26 | 1.24 | |||||
| Free Cash Flow Per Share TTM | 4.29 | 4.23 | 4.26 | 3.99 | 3.92 | 3.87 | 4.00 | 3.74 | 3.63 | 3.52 | 4.17 | 3.88 | |||||
| Dividend Per Share TTM | 3.21 | 3.18 | 3.22 | 3.14 | 3.12 | 3.10 | 3.12 | 2.94 | 2.77 | 2.70 | 3.05 | 2.86 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 80.40% | 80.42% | 80.26% | 80.10% | 80.20% | 80.62% | 80.71% | 80.88% | 81.34% | 81.41% | 82.09% | 83.21% | |||||
| Operating Profit Margin TTM | 23.26% | 20.87% | 20.09% | 18.80% | 18.27% | 19.51% | 17.72% | 18.93% | 19.23% | 19.12% | 22.77% | 23.93% | |||||
| Net Profit Margin TTM | 21.52% | 19.12% | 18.61% | 16.93% | 16.51% | 17.88% | 16.09% | 17.63% | 17.93% | 17.75% | 21.39% | 22.65% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 10.85% | 9.76% | 9.07% | 11.88% | 15.84% | 22.66% | 29.23% | 28.67% | 27.80% | 26.27% | 21.99% | 23.93% | |||||
| Net Income Growth (1Y) | 44.51% | 17.42% | 26.17% | 7.42% | 6.65% | 23.55% | -2.80% | 0.17% | -2.55% | -12.95% | 0.33% | 36.17% | |||||
| EPS Growth (1Y) | 39.96% | 12.34% | 20.02% | 2.33% | 2.79% | 15.69% | -22.02% | -18.41% | -24.52% | -31.14% | -11.34% | 18.57% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | 44.14 | 49.52 | 46.38 | 55.79 | 54.17 | 49.69 | 49.61 | 56.33 | 48.29 | 50.94 | 39.52 | 34.33 | |||||
| P/B TTM | 1.37 | 1.36 | 1.24 | 1.35 | 1.25 | 1.22 | 1.08 | 1.29 | 1.05 | 1.02 | 1.04 | 0.95 | |||||
| P/S TTM | 9.50 | 9.47 | 8.63 | 9.45 | 8.94 | 8.88 | 7.98 | 9.93 | 8.66 | 9.04 | 8.45 | 7.78 | |||||
| Market Cap | 57.52B | 56.05B | 49.62B | 52.91B | 48.85B | 47.90B | 42.06B | 49.73B | 40.83B | 39.74B | 34.47B | 30.26B | |||||
| Enterprise Value | 82.00B | 80.43B | 74.13B | 77.25B | 72.90B | 70.42B | 64.23B | 72.38B | 62.10B | 60.79B | 52.78B | 47.31B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 4.00B | 3.95B | 3.86B | 3.64B | 3.54B | 3.45B | 3.45B | 3.26B | 3.16B | 2.94B | 2.89B | 2.75B | |||||
| Net Debt | 24.48B | 24.39B | 24.51B | 24.34B | 24.04B | 22.53B | 22.16B | 22.64B | 21.27B | 21.05B | 18.31B | 17.05B | |||||
Per-Share and Margin | |||||||||||||||||
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| Pretax Margin TTM | |||||||||||||||||
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Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
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| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
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| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
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| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
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| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
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| ROIC TTM | |||||||||||||||||
| Effective Tax Rate TTM | |||||||||||||||||
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| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
| NCAV | |||||||||||||||||
| NCAV Per Share TTM | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
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| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
REALTY INCOME CORP (O) — SEC Financial Statements & Analysis
REALTY INCOME CORP (O) is a real estate investment trusts company, incorporated in MD. REALTY INCOME CORP trades on NYSE as: O. Based on its latest SEC filing (Form 10-Q, period ending 2026-06-30), REALTY INCOME CORP reported a 10.85% year-over-year revenue growth, a Gross Profit Margin of 80.40% (TTM), a Price-to-Sales (P/S) ratio of 9.50x (TTM), a Price-to-Book (P/B) ratio of 1.37x (TTM), at a market cap of $57.52B. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- 10.85%
- Gross Profit Margin TTM
- 80.40%
- P/S TTM
- 9.50x
- P/B TTM
- 1.37x
- Market Cap
- $57.52B
Data as of 2026-06-30 · Source: SEC EDGAR
Frequently Asked Questions
What industry is REALTY INCOME CORP in?
REALTY INCOME CORP (O) operates in the Real Estate Investment Trusts industry.
What is O's market cap?
REALTY INCOME CORP (O) has a market capitalization of $57.52B as of 2026-06-30.
What is O's P/E ratio?
REALTY INCOME CORP (O)'s trailing twelve month P/E ratio is 44.14x as of 2026-06-30.
What exchange does O trade on?
REALTY INCOME CORP (O) trades on the NYSE.
Where is REALTY INCOME CORP incorporated?
REALTY INCOME CORP is incorporated in MD.