O - NYSE

Realty Income Corporation

O·NYSE

$59.78

-0.22%

Real EstateREIT - Retail

Realty Income, The Monthly Dividend Company, is an S&P 500 company dedicated to providing stockholders with dependable monthly income. The company is structured as a REIT, and its monthly dividends are supported by the cash flow from over 6,500 real estate properties owned under long-term lease agreements with our commercial clients. To date, the company has declared 608 consecutive common stock monthly dividends throughout its 52-year operating history and increased the dividend 109 times since Realty Income's public listing in 1994 (NYSE: O). The company is a member of the S&P 500 Dividend Aristocrats index. Additional information about the company can be obtained from the corporate website at www.realtyincome.com.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$55.74B

EPS1.1700

P/E Ratio51.09

Earnings Date08/05/2026

5.75B

Revenue

3Y+72.0%

5Y+249.0%

10Y+421.0%

1.06B

Net Income

23%

3Y+22.0%

5Y+168.0%

10Y+235.0%

3.99B

Operating Cash Flow

12%

3Y+56.0%

5Y+258.0%

10Y+397.0%

Realty Income Corporation Profit Bridge

O · NYSE

Revenue & Cost of Sales

Revenue5.75B

Cost of Goods Sold (586.44M)

Gross Profit5.16B

Operating Expenses

Operating Expenses (3.54B)

Operating Income1.63B

Other Income & Taxes

Interest Expense (0.00)

Other Income/Expense-548.48M

Pretax Income1.08B

Income Tax (20.00M)

Net Income1.06B

Net Income

1.06B

Profitability Analysis

Gross Margin

89.8%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

28.3%

Outstanding operational efficiency. The company generates substantial profit from core operations.

Net Profit Margin

18.4%

Strong net margins indicate efficient operations and favorable tax/interest management.

Effective Tax Rate

1.9%

Below-average tax rate suggests effective tax planning, favorable jurisdictions, or tax credits.

Profitability Insight

Exceptional profitability across all levels: Strong pricing power, efficient operations, and healthy bottom line indicate a high-quality business with sustainable competitive advantages.

Realty Income Corporation Income Statement

O • NYSE

Realty Income Corporation Income Statement	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009	Dec 2008	Dec 2007	Dec 2006
REVENUE
Revenue	5.7B	5.3B	4.1B	3.3B	2.1B	1.6B	1.5B	1.3B	1.2B	1.1B	1B	933.5M	780.2M	484.6M	412.4M	333.4M	322.6M	325M	294.3M	237.4M
GROSS PROFIT
Cost of Revenue	(586.4M)	(377.7M)	(317M)	(226.3M)	(133.6M)	(104.6M)	(88.6M)	(66.3M)	(69.5M)	(62.9M)	(55.4M)	(53.9M)	(38.9M)	(21.3M)	(15.5M)	(5.8M)	(6.4M)	(5.5M)	(0.0)	(0.0)
Gross Profit	5.2B	4.9B	3.8B	3.1B	1.9B	1.5B	1.4B	1.3B	1.1B	1B	967.9M	879.6M	741.4M	463.3M	396.9M	327.6M	316.1M	319.6M	294.3M	237.4M
OPERATING INCOME
Operating Expenses	(3.5B)	(2.6B)	(2B)	(1.8B)	(994.8M)	(750.3M)	(660.4M)	(623.9M)	(557.2M)	(501.9M)	(458.5M)	(425.7M)	(363.7M)	(185.6M)	(147.5M)	(117M)	(110.8M)	(110.7M)	(104.2M)	(81.9M)
Selling, General & Administrative	(253M)	(176.9M)	(144.5M)	(138.5M)	(97M)	(73.2M)	(66.5M)	(84.1M)	(58.4M)	(52M)	(49.3M)	(51.1M)	(56.8M)	(38M)	(31M)	(25.3M)	(20.9M)	(21.6M)	(22.7M)	(17.5M)
Operating Income	1.6B	2.3B	1.7B	1.3B	952M	792.2M	739.1M	637.6M	589.1M	538.4M	509.4M	453.9M	377.7M	277.6M	249.4M	210.7M	205.3M	208.9M	190.1M	155.5M
PRE-TAX INCOME
Other Expenses	(3.3B)	(2.4B)	(1.9B)	(1.7B)	(897.8M)	(677M)	(594M)	(539.8M)	(498.8M)	(449.9M)	(409.2M)	(374.7M)	(306.8M)	(147.5M)	(116.5M)	(91.6M)	(89.9M)	(89.1M)	(81.5M)	(64.4M)
Total Other Income Expenses Net	-548.5M	-1.4B	-793.4M	-390.9M	-559.6M	-381M	-295.5M	-267.6M	-263.7M	-218.7M	-221.4M	-181.3M	-194.7M	-134.7M	-108.3M	-94.1M	-85.7M	-97.3M	-61.3M	-48.7M
Income Before Tax	1.1B	933.9M	928.9M	917.6M	392.4M	411.2M	443.6M	369.9M	325.4M	319.7M	288M	272.6M	181.9M	147.4M	152.6M	122.8M	0.0	0.0	128.8M	106.8M
NET INCOME
Income Tax Expense	(20M)	(66.6M)	(52M)	(45.2M)	(31.7M)	(14.7M)	(6.2M)	(5.3M)	(6M)	(3.3M)	(3.2M)	(3.5M)	(2.4M)	(1.1M)	(1.5M)	(1.4M)	(677K)	(1.2M)	(1.4M)	(747K)
Net Income	1.1B	860.8M	872.3M	869.4M	359.5M	395.5M	436.5M	363.6M	318.8M	315.6M	283.8M	270.6M	245.6M	159.2M	157M	130.8M	131.1M	131.8M	140.4M	110.8M

SEC Filings

O - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
8-K 8-K 2026 N/A	May 22, 2026	May 21, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 08, 2026	May 07, 2026	2026	View Filing
10-Q 10-Q 2026 Q1 Q1	May 07, 2026	March 31, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 06, 2026	May 06, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 07, 2026	April 07, 2026	2026	View Filing
8-K 8-K 2026 N/A	March 31, 2026	March 30, 2026	2026	View Filing
8-K 8-K 2026 N/A	March 30, 2026	March 30, 2026	2026	View Filing
DEF 14A DEF 14A 2026 N/A	March 25, 2026	May 21, 2026	2026	View Filing
8-K 8-K 2026 N/A	March 02, 2026	February 26, 2026	2026	View Filing
10-K 10-K 2025 FY FY	February 25, 2026	December 31, 2025	2025	View Filing

Showing 1 to 10 of 580 filings

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