Realty Income Corporation O SPX
Real Estate · REIT - Retail · United States
Realty Income Corporation, an S&P 500 company, is real estate partner to the world's leading companies. We serve our clients as a full-service real estate capital provider. As of December 31, 2025, we have a portfolio of over 15,500 properties in all 50 states of the United States (U.S.), the United Kingdom (U.K.), and eight other countries in Europe. We are known as (The Monthly Dividend Company) and have a mission to invest in people and places to deliver dependable monthly dividends that increase over time. Since our listing on the NYSE in 1994, we have had 133 dividend increases and are a member of the S&P 500 Dividend Aristocrats index for having increased our dividend for over 31 consecutive years. The firm was founded and incorporated in 1969 in Maryland and is based in San Diego, California.
READ MORE ›$61.28
+14.82% 1Y
Market & Price
Market Cap
$57.14B
Current Price
$61.28
High / Low (52W)
$66.68 / $52.88
Beta
0.76
Valuation
Stock P/E
50.23
Industry PE
26.58
Forward P/E
35.60
PEG Ratio
5.68
Book Value
$41.98
Price to Book
1.46
P/S
9.64
EV/EBITDA
17.04
Dividend Yield
5.30%
Profitability & Returns
ROCE
3.27%
ROE
2.83%
ROA
2.31%
Profit Margin
18.90%
Op Margin
45.53%
EPS (Latest Qtr)
$0.33
EPS (TTM)
$1.22
Balance Sheet & Liquidity
Debt/Equity
0.73
Quick Ratio
1.05
Current Ratio
2.06
Debt
$30.29B
Total Assets
$72.80B
Current Assets
$5.11B
Working Capital
$1.51B
Ownership
Promoter Holding
0.13%
Chg in Prom Hold
-
FII / Inst Holding
79.38%
Chg in FII Hold
0.01%
Financial Snapshot
Enterprise Value
$89.13B
Total Revenue (TTM)
$5.93B
EBITDA
$5.23B
Free Cash Flow
$1.80B
Operating Cash Flow
$4.08B
Shares Outstanding
932.49M
Gross Margin
92.60%
Payout Ratio
265.00%
Growth (CAGR)
Revenue 5Y
19.80%
Profit 5Y
6.78%
Revenue (YoY)
12.00%
Earnings (YoY)
17.90%
PROS
- Compounding revenue at 19.8% over 5 years.
- Attractive dividend yield of 5.30%.
- Generates positive free cash flow.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
- Trading at a high P/E of 50.2.
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Real Estate).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | O Realty Income Corporation SPX | 61.28 | 50.23 | $57.14B | 5.30% | 3.27% | 2.83% | 19.80% | 6.78% |
| 2 | WELL Welltower Inc. SPX | 205.33 | 99.19 | $144.95B | 1.44% | 0.26% | 3.67% | 22.69% | 87.90% |
| 3 | PLD Prologis, Inc. SPX | 143.47 | 36.14 | $133.76B | 2.98% | 4.94% | 6.84% | 13.74% | -0.36% |
| 4 | EQIX Equinix, Inc. SPX | 1,068.04 | 74.07 | $105.33B | 1.84% | 5.61% | 10.06% | 8.27% | 24.18% |
| 5 | AMT American Tower Corporation SPX | 186.96 | 30.11 | $87.10B | 3.73% | 7.82% | 29.95% | 3.34% | 12.73% |
| 6 | SPG Simon Property Group, Inc. SPX | 204.91 | 14.25 | $77.86B | 4.29% | 17.44% | 113.59% | 6.35% | 29.32% |
| 7 | DLR Digital Realty Trust, Inc. SPX | 190.00 | 50.53 | $67.96B | 2.57% | 3.99% | 5.69% | 9.22% | 51.32% |
| 8 | PSA Public Storage SPX | 303.69 | 31.34 | $53.31B | 3.95% | 10.69% | 20.18% | 4.88% | -25.69% |
| 9 | VTR Ventas, Inc. SPX | 84.42 | 153.49 | $41.04B | 2.37% | 3.28% | 2.14% | 12.21% | 209.94% |
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Quarterly Results
Figures in USD.
| Metric | Jun 2014 | Sep 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | 298.02M | 300.17M | 306.92M | 318.30M | 328.89M | 338.08M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.31B | 1.34B | 1.39B | 1.71B | 1.45B |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 106.68M | 107.42M | 106.62M | 108.08M | 116.84M |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.21B | 1.23B | 1.28B | 1.60B | 1.33B |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 672.15M | 698.29M | 698.60M | 657.72M | 728.26M |
| Operating Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 534.30M | 533.38M | 582.41M | 943.04M | 601.38M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.14B | 1.15B | 1.26B | 1.24B | 1.26B |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 263.03M | 277.03M | 286.75M | 279.69M | 283.35M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 267.12M | 223.08M | 341.50M | 323.44M | 347.13M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 15.66M | 24.07M | 23.82M | 21.80M | 26.20M |
| Net Income | 61.90M | 73.28M | 67.26M | 66.09M | 67.47M | 70.24M | 75.81M | 77.07M | 88.87M | 81.14M | 87.94M | 83.16M | 96.38M | 99.00M | 110.94M | 95.19M | 101.05M | 129.30M | 146.83M | 107.82M | 22.90M | 117.93M | 95.94M | 124.48M | 135.00M | 199.37M | 223.21M | 219.57M | 225.02M | 195.41M | 233.47M | 132.28M | 259.39M | - | - | 249.81M | 196.92M | 315.77M | 296.08M | 311.77M |
| Diluted EPS | 0.23 | - | - | 0.25 | - | - | 0.27 | - | - | - | - | - | - | 0.34 | - | - | 0.32 | - | 0.44 | 0.31 | 0.07 | 0.33 | 0.26 | 0.33 | 0.34 | 0.34 | 0.37 | 0.36 | 0.34 | 0.29 | 0.33 | 0.16 | 0.29 | - | - | 0.28 | 0.22 | 0.35 | 0.32 | 0.33 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | 1.10B | 1.22B | 1.33B | - | - | - | 3.34B | 4.08B | 5.27B | 5.75B |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 226.33M | 316.96M | 377.68M | 428.80M |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.12B | 3.76B | 4.89B | 5.32B |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.81B | 2.04B | 2.57B | 2.73B |
| Operating Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.31B | 1.72B | 2.32B | 2.59B |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.98B | 3.62B | 4.33B | 4.79B |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 445.45M | 779.04M | 998.07M | 1.11B |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 917.60M | 928.93M | 933.94M | 1.16B |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 45.18M | 52.02M | 66.60M | 85.35M |
| Net Income | 131.84M | 131.13M | 130.78M | 157.03M | 159.15M | 245.56M | 270.63M | 283.77M | 315.57M | 318.80M | 363.61M | 436.48M | 395.49M | - | 869.41M | 872.31M | 860.77M | 1.06B |
| Diluted EPS | - | - | 1.01 | 1.05 | 0.86 | 1.06 | - | - | - | - | 1.26 | 1.38 | 1.14 | - | 1.42 | 1.26 | 0.98 | 1.17 |
Compounded Sales Growth
| 5 Years: | 19.80% |
| 1 Year: | 12.00% |
Compounded Profit Growth
| 5 Years: | 6.78% |
| 1 Year: | 17.90% |
Stock Price Performance
| 1 Year: | +14.82% |
| 6 Months: | +11.46% |
| 3 Months: | -7.33% |
| 1 Month: | -2.33% |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 2.91B | 3.54B | 4.42B | 5.43B | 9.92B | 11.01B | 11.85B | 13.15B | 14.06B | 15.26B | 18.55B | 20.74B | - | 49.67B | 57.78B | 68.84B | 72.80B |
| Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.77B | 2.90B | 4.02B | 5.11B |
| Cash & Equivalents | - | - | - | - | - | - | - | - | - | 9.42M | 6.90M | 10.39M | 54.01M | 824.48M | - | 171.10M | 232.92M | 444.96M | 434.84M |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 29.54M | 31.47M | - | - |
| Receivables | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 543.24M | 710.54M | 877.67M | 1.05B |
| Total Liabilities | - | - | 1.43B | 1.69B | 2.16B | 3.02B | 4.50B | 5.37B | 5.29B | 6.37B | 6.67B | 7.14B | 8.75B | 9.72B | - | 20.83B | 24.67B | 29.78B | 32.67B |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.50B | 1.89B | 2.40B | 3.59B |
| Long Term Debt | - | - | - | - | 1.75B | 2.55B | 3.20B | 3.80B | 3.65B | 3.98B | - | - | - | - | - | 15.38B | 20.76B | 25.10B | 26.77B |
| Total Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 18.60B | 21.99B | 26.76B | 29.35B |
| Total Equity | 1.54B | 1.55B | 1.49B | 1.85B | 2.25B | 2.41B | 5.39B | 5.61B | 6.53B | 6.77B | 7.37B | 8.09B | 9.77B | 10.99B | - | 28.71B | 32.94B | 38.84B | 39.44B |
| Shares Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 660.30M | 752.46M | 891.51M | 933.98M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 246.16M | 226.71M | 243.37M | 298.95M | 326.47M | 518.91M | 627.69M | 693.57M | 799.86M | 875.85M | 940.74M | 1.07B | 1.12B | - | 2.56B | 2.96B | 3.57B | 3.99B |
| Investing Cash Flow | -169.87M | -45.72M | -697.36M | -934.86M | -1.01B | -1.33B | -1.17B | -1.21B | -1.70B | -1.25B | -1.64B | -3.50B | -2.03B | - | -8.39B | -9.35B | -3.34B | -5.66B |
| Financing Cash Flow | -222.57M | -217.77M | 461.57M | 622.47M | 682.99M | 818.11M | 540.76M | 523.19M | 866.19M | 375.12M | 707.87M | 2.49B | 1.69B | - | 5.74B | 6.44B | -21.16M | 1.68B |
| Capital Expenditure | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.56B | 2.96B | 3.57B | 3.99B |
| Net Change in Cash | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -84.98M | 41.27M | 209.24M | 9.38M |
Ratios (Annual)
Figures in %.
| Metric | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 93.2% | 92.2% | 92.8% | 92.5% |
| Operating Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 39.1% | 42.2% | 44.0% | 45.1% |
| Net Margin % | - | - | - | - | - | - | - | - | 28.6% | 26.2% | 27.4% | - | - | - | 26.0% | 21.4% | 16.3% | 18.4% |
| ROE % | 8.5% | 8.8% | 7.1% | 7.0% | 6.6% | 4.6% | 4.8% | 4.3% | 4.7% | 4.3% | 4.5% | 4.5% | 3.6% | - | 3.0% | 2.6% | 2.2% | 2.7% |
| ROCE % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.8% | 3.1% | 3.5% | 3.7% |
Shareholding Pattern
Insiders
0.13%
Institutions
79.38%
Public Float
79.48%
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Blackrock Inc. | 11.57% | 107.91M | $6.61B |
| 2 | Vanguard Portfolio Management LLC | 8.71% | 81.23M | $4.98B |
| 3 | State Street Corporation | 6.84% | 63.76M | $3.91B |
| 4 | Vanguard Capital Management LLC | 6.45% | 60.12M | $3.68B |
| 5 | Geode Capital Management, LLC | 3.25% | 30.30M | $1.86B |
| 6 | Bank of America Corporation | 1.86% | 17.33M | $1.06B |
| 7 | Morgan Stanley | 1.63% | 15.24M | $934.08M |
| 8 | Parnassus Investments, LLC | 1.52% | 14.14M | $866.64M |
| 9 | JPMORGAN CHASE & CO | 1.48% | 13.83M | $847.74M |
| 10 | Dimensional Fund Advisors LP | 1.40% | 13.02M | $797.76M |
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Analyst aggregate. Targets and ratings update periodically; not investment advice.
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