Realty Income Corporation (O) — Stock Price, Financials & Analysis

Realty Income Corporation, an S&P 500 company, is real estate partner to the world's leading companies. They serve their clients as a full-service real estate capital provider. As of March 31, 2026, they have a portfolio of over 15,500 properties in all 50 U.S. states, the U.K., and eight other countries in Europe. They 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 founding, they have declared 673 consecutive monthly dividends and are a member of the S&P 500 Dividend Aristocrats index for having increased dividend for over 31 consecutive years. The firm was founded and incorporated in 1969 in Maryland and is based in San Diego, California.

Key Statistics — O

  • Latest Close: $61.89
  • Market Cap: $58.56B
  • P/E Ratio (TTM): 45.2
  • EPS (TTM): $1.37
  • Dividend Yield: 525.00%
  • Beta: 0.72
  • 52-Week High: $67.94
  • 52-Week Low: $55.86
  • Profit Margin: 20.9%
  • Return on Equity: 3.2%
  • Debt to Equity: 74.7

Sector: Real Estate — REIT - Retail

Income Statement — O

  • 2021: Revenue N/A, Net Income N/A
  • 2022: Revenue $3.34B, Net Income $869.4M
  • 2023: Revenue $4.08B, Net Income $872.3M
  • 2024: Revenue $5.27B, Net Income $860.8M
“”Wednesday, August 12, 2026
Minimaxmax⁡x∈Δmin⁡y∈Δ x⊤ ⁣A y=v∗\max_{x \in \Delta} \min_{y \in \Delta} \, x^\top\! A \, y = v^*maxx∈Δ​miny∈Δ​x⊤Ay=v∗§Zero-Sum∑i=1nui(s)=0    ∀ s∈S\textstyle\sum_{i=1}^{n} u_i(s) = 0 \;\; \forall \, s \in S∑i=1n​ui​(s)=0∀s∈S§Nash Eq.x∗⊤ ⁣Ay≥x∗⊤ ⁣Ay∗≥x⊤ ⁣Ay∗x^{*\top}\! A y \geq x^{*\top}\! A y^* \geq x^\top\! A y^*x∗⊤Ay≥x∗⊤Ay∗≥x⊤Ay∗§ExpectedE[u1]=x⊤ ⁣A y\mathbb{E}[u_1] = x^\top\! A \, yE[u1​]=x⊤Ay§RegretRT=max⁡i∑t=1Tuit−∑t=1TuattR_T = \max_i \sum_{t=1}^{T} u_i^t - \sum_{t=1}^{T} u_{a_t}^tRT​=maxi​∑t=1T​uit​−∑t=1T​uat​t​§LP Dualmin⁡y,ww    s.t.    Ay≤w⋅1\min_{y,w} w \;\; \text{s.t.} \;\; Ay \leq w \cdot \mathbf{1}miny,w​ws.t.Ay≤w⋅1§Payoffu1(i,j)=aij,    u2(i,j)=−aiju_1(i,j) = a_{ij}, \;\; u_2(i,j) = -a_{ij}u1​(i,j)=aij​,u2​(i,j)=−aij​§Minimaxmax⁡x∈Δmin⁡y∈Δ x⊤ ⁣A y=v∗\max_{x \in \Delta} \min_{y \in \Delta} \, x^\top\! A \, y = v^*maxx∈Δ​miny∈Δ​x⊤Ay=v∗§Zero-Sum∑i=1nui(s)=0    ∀ s∈S\textstyle\sum_{i=1}^{n} u_i(s) = 0 \;\; \forall \, s \in S∑i=1n​ui​(s)=0∀s∈S§Nash Eq.x∗⊤ ⁣Ay≥x∗⊤ ⁣Ay∗≥x⊤ ⁣Ay∗x^{*\top}\! A y \geq x^{*\top}\! A y^* \geq x^\top\! A y^*x∗⊤Ay≥x∗⊤Ay∗≥x⊤Ay∗§ExpectedE[u1]=x⊤ ⁣A y\mathbb{E}[u_1] = x^\top\! A \, yE[u1​]=x⊤Ay
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Realty Income Corporation — Real Estate · REIT - Retail

$61.89+0.00 (+0.00%)
Mkt Cap
$58.56B
P/E
45.2
EPS
$1.37
Beta
0.72
Yield
525.00%
52W Hi
$67.94
52W Lo
$55.86
Vol
5.8M

Price History

Chart Terminal →Technical Analysis →

Company Profile

Sector
Real Estate
Industry
REIT - Retail
Employees
544
HQ
San Diego, CA, United States
Web
realtyincome.com

Realty Income Corporation, an S&P 500 company, is real estate partner to the world's leading companies. They serve their clients as a full-service real estate capital provider. As of March 31, 2026, they have a portfolio of over 15,500 properties in all 50 U.S. states, the U.K., and eight other countries in Europe. They 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 founding, they have declared 673 consecutive monthly dividends and are a member of the S&P 500 Dividend Aristocrats index for having increased dividend for over 31 consecutive years. The firm was founded and incorporated in 1969 in Maryland and is based in San Diego, California.

Top Executives

NameTitleTotal Pay
Mr. Sumit RoyPresident, CEO & Director$7.1M
Mr. Jonathan Pong C.F.A., CPAExecutive VP, CFO & Treasurer$1.9M
Mr. Mark E. Hagan J.D.Executive VP & Chief Investment Officer$2.4M
Ms. Michelle BushoreExecutive VP, Chief Legal Officer, General Counsel & Secretary$1.8M
Mr. Neil M. AbrahamPresident of Realty Income International, Executive VP & Chief Strategy Officer$2.5M
Mr. Gregory J. WhyteExecutive VP & COO—
Mr. Neale W. Redington CPASenior VP & Chief Accounting Officer—
Mr. Alexander John WatersVice President of Investor Relations—
Andrea BehrDirector of Corporate Communications—
Ms. Shannon KehleExecutive VP & Chief People Officer—

Financial Statements

✓
Profitable
4/5 periods
✓
Revenue Growing
+9.1% latest, 3/3 up
✓
Earnings Growing
+23.0% latest, 2/3 up
✗
Pays Dividend
No dividends
✓
Positive Margin
20.9% net margin

Realty Income Corporation

Real Estate \u00b7 REIT - Retail

Market Cap$58.56B
Trailing P/E45.2
Forward P/E36.3
EPS (trailing)$1.37
EPS (forward)$1.71
Gross Margin92.7%
Operating Margin47.0%
Profit Margin20.9%
Dividend Rate$3.25/share
Dividend Yield525.0%
Payout Ratio236.4%

Revenue & Net Income

2021 – 2025, Annual

Revenue

Net Income

Profit Margins

2021 – 2025, Annual

Earnings Per Share

2021 – 2025, Annual

Dividends

No dividend history available.

Price Ranges

52-Week
$55.86$67.94
Fwd P/E36.3
Avg Volume5.8M
Shares Out0.95B

Key Ratios

Gross Margin92.7%
Operating Margin47.0%
Profit Margin20.9%
ROE3.2%
ROA2.4%
P/B1.5
D/E74.72
Current Ratio1.53
Dividend Rate$3.25
Payout Ratio236.4%

Cash & Debt

Cash 2%Debt 98%
Total Cash$569.9M
Total Debt$31.33B
Net Cash$-30.76B
Free Cash Flow$1.58B
Operating CF$4.17B

Ratings Snapshot

2.3 / 5
P/E1/5(45.2)
P/B4/5(1.5)
ROE2/5(3.2)
ROA2/5(2.4)
D/E1/5(74.7)
Liquidity4/5(1.5)

Growth Pulse

Revenue Growth+9.6%
Earnings Growth+69.2%

Analyst Recommendations

0m
Hold (24 analysts)
3
5
15
Strong Buy: 3
Buy: 5
Hold: 15
Sell: 0
Strong Sell: 1
MonthStr BuyBuyHoldSellStr Sell
0m351501
-1m351501
-2m351501
-3m351501

Income Snapshot 2025

Revenue
$5.7B
Net Income
$1.1B
Gross Margin
92.5%
Net Margin
18.4%
Op. Income
$2.6B
EPS
$1.17

Balance Sheet

2021 – 2025, Annual
Debt / Equity0.74x
Owns more than it owes — healthy
Current Ratio1.42x
Can cover short-term bills
Net Debt$28.91B
Total debt minus cash on hand

Assets vs Liabilities vs Equity

Assets = Liabilities + Equity. The green bar is what's left for shareholders after paying all debts.

Cash vs Debt

How much cash the company has on hand vs how much it owes in total debt.

Period Detail

PeriodAssetsLiabilitiesEquityCashDebtD/E
2021N/AN/AN/AN/AN/A—
2022$49.67B$20.83B$28.71B$171.1M$18.60B0.65x
2023$57.78B$24.67B$32.94B$232.9M$21.99B0.67x
2024$68.84B$29.78B$38.84B$445.0M$26.76B0.69x
2025$72.80B$32.67B$39.44B$434.8M$29.35B0.74x

Balance Sheet Snapshot 2025

Total Assets$72.80B
Total Liabilities$32.67B
Equity$39.44B
Retained Earnings$-10.53B
Goodwill$4.93B
Long-Term Debt$26.77B

Cash Flow Statement

2021 – 2025, Annual

Operating · Investing · Financing

Operating — cash from core business.Investing — buying/selling long-term assets.Financing — debt, equity & dividends.

Free Cash Flow

Operating cash flow minus capital expenditure — the cash available after maintaining operations.

PeriodOperatingInvestingFinancingFCFCapEx
2021$0$0$0$0$0
2022$3B$-8B$6B$3B$0
2023$3B$-9B$6B$3B$0
2024$4B$-3B$-21M$4B$0
2025$4B$-6B$2B$4B$0

Capital Allocation 2025

CapExN/A
Dividends Paid$2.92B
Buybacks$0
Debt Repaid$21.79B
Debt Issued$23.58B
Net Change Cash$9.4M

Price History

Chart Terminal →Technical Analysis →

Company Profile

Sector
Real Estate
Industry
REIT - Retail
Employees
544
HQ
San Diego, CA, United States
Web
realtyincome.com

Realty Income Corporation, an S&P 500 company, is real estate partner to the world's leading companies. They serve their clients as a full-service real estate capital provider. As of March 31, 2026, they have a portfolio of over 15,500 properties in all 50 U.S. states, the U.K., and eight other countries in Europe. They 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 founding, they have declared 673 consecutive monthly dividends and are a member of the S&P 500 Dividend Aristocrats index for having increased dividend for over 31 consecutive years. The firm was founded and incorporated in 1969 in Maryland and is based in San Diego, California.

Top Executives

NameTitleTotal Pay
Mr. Sumit RoyPresident, CEO & Director$7.1M
Mr. Jonathan Pong C.F.A., CPAExecutive VP, CFO & Treasurer$1.9M
Mr. Mark E. Hagan J.D.Executive VP & Chief Investment Officer$2.4M
Ms. Michelle BushoreExecutive VP, Chief Legal Officer, General Counsel & Secretary$1.8M
Mr. Neil M. AbrahamPresident of Realty Income International, Executive VP & Chief Strategy Officer$2.5M
Mr. Gregory J. WhyteExecutive VP & COO—
Mr. Neale W. Redington CPASenior VP & Chief Accounting Officer—
Mr. Alexander John WatersVice President of Investor Relations—
Andrea BehrDirector of Corporate Communications—
Ms. Shannon KehleExecutive VP & Chief People Officer—

Price Ranges

52-Week
$55.86$67.94
Fwd P/E36.3
Avg Volume5.8M
Shares Out0.95B

Key Ratios

Gross Margin92.7%
Operating Margin47.0%
Profit Margin20.9%
ROE3.2%
ROA2.4%
P/B1.5
D/E74.72
Current Ratio1.53
Dividend Rate$3.25
Payout Ratio236.4%

Cash & Debt

Cash 2%Debt 98%
Total Cash$569.9M
Total Debt$31.33B
Net Cash$-30.76B
Free Cash Flow$1.58B
Operating CF$4.17B

Ratings Snapshot

2.3 / 5
P/E1/5(45.2)
P/B4/5(1.5)
ROE2/5(3.2)
ROA2/5(2.4)
D/E1/5(74.7)
Liquidity4/5(1.5)

Growth Pulse

Revenue Growth+9.6%
Earnings Growth+69.2%

Analyst Recommendations

0m
Hold (24 analysts)
3
5
15
Strong Buy: 3
Buy: 5
Hold: 15
Sell: 0
Strong Sell: 1
MonthStr BuyBuyHoldSellStr Sell
0m351501
-1m351501
-2m351501
-3m351501

Financial Statements

✓
Profitable
4/5 periods
✓
Revenue Growing
+9.1% latest, 3/3 up
✓
Earnings Growing
+23.0% latest, 2/3 up
✗
Pays Dividend
No dividends
✓
Positive Margin
20.9% net margin

Realty Income Corporation

Real Estate \u00b7 REIT - Retail

Market Cap$58.56B
Trailing P/E45.2
Forward P/E36.3
EPS (trailing)$1.37
EPS (forward)$1.71
Gross Margin92.7%
Operating Margin47.0%
Profit Margin20.9%
Dividend Rate$3.25/share
Dividend Yield525.0%
Payout Ratio236.4%

Revenue & Net Income

2021 – 2025, Annual

Revenue

Net Income

Profit Margins

2021 – 2025, Annual

Earnings Per Share

2021 – 2025, Annual

Dividends

No dividend history available.

Income Snapshot 2025

Revenue
$5.7B
Net Income
$1.1B
Gross Margin
92.5%
Net Margin
18.4%
Op. Income
$2.6B
EPS
$1.17

Balance Sheet

2021 – 2025, Annual
Debt / Equity0.74x
Owns more than it owes — healthy
Current Ratio1.42x
Can cover short-term bills
Net Debt$28.91B
Total debt minus cash on hand

Assets vs Liabilities vs Equity

Assets = Liabilities + Equity. The green bar is what's left for shareholders after paying all debts.

Cash vs Debt

How much cash the company has on hand vs how much it owes in total debt.

Period Detail

PeriodAssetsLiabilitiesEquityCashDebtD/E
2021N/AN/AN/AN/AN/A—
2022$49.67B$20.83B$28.71B$171.1M$18.60B0.65x
2023$57.78B$24.67B$32.94B$232.9M$21.99B0.67x
2024$68.84B$29.78B$38.84B$445.0M$26.76B0.69x
2025$72.80B$32.67B$39.44B$434.8M$29.35B0.74x

Balance Sheet Snapshot 2025

Total Assets$72.80B
Total Liabilities$32.67B
Equity$39.44B
Retained Earnings$-10.53B
Goodwill$4.93B
Long-Term Debt$26.77B

Cash Flow Statement

2021 – 2025, Annual

Operating · Investing · Financing

Operating — cash from core business.Investing — buying/selling long-term assets.Financing — debt, equity & dividends.

Free Cash Flow

Operating cash flow minus capital expenditure — the cash available after maintaining operations.

PeriodOperatingInvestingFinancingFCFCapEx
2021$0$0$0$0$0
2022$3B$-8B$6B$3B$0
2023$3B$-9B$6B$3B$0
2024$4B$-3B$-21M$4B$0
2025$4B$-6B$2B$4B$0

Capital Allocation 2025

CapExN/A
Dividends Paid$2.92B
Buybacks$0
Debt Repaid$21.79B
Debt Issued$23.58B
Net Change Cash$9.4M
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