Realty Income Corporation (O)
Real Estate · REIT - Retail · NYSE
Realty Income Corporation revenue & earnings — last 10 fiscal years
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.10B | $1.22B | $1.33B | $1.49B | $1.65B | $2.08B | $3.30B | $3.96B | $5.04B | $5.44B |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Net income | $315.57M | $318.80M | $363.61M | $436.48M | $395.49M | $359.46M | $869.41M | $872.31M | $847.89M | $1.06B |
| Net margin | 28.6% | 26.2% | 27.4% | 29.3% | 24.0% | 17.3% | 26.3% | 22.0% | 16.8% | 19.5% |
Source: Realty Income Corporation SEC filings (10-K). 18 years of history available in the interactive view.
What growth is priced into O stock?
At today's market cap of $57.12B, Realty Income Corporation is priced for free-cash-flow growth of about 3.6% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $3.86B from the FY ending 2025-12-31). For comparison, free cash flow actually grew 28.4%/yr over the last five fiscal years and revenue 27%/yr, computed from its SEC filings. This is a reverse DCF — a translation of the price into a growth assumption you can judge, not a fair value and not advice. Change the assumptions yourself in the interactive view →
Explore 18 years of Realty Income Corporation financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
Open the interactive view — freeRealty Income Corporation financial history by metric
About Realty Income Corporation
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 states of the United States (U.S.), the United Kingdom (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 their founding, they have declared 671 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.
Realty Income Corporation — frequently asked questions
What is Realty Income Corporation's revenue?
Realty Income Corporation (O) reported revenue of $5.44B for fiscal year 2025, up 7.8% from the prior year, according to its SEC filings.
Is Realty Income Corporation profitable?
Yes. O earned net income of $1.06B in fiscal 2025, a net margin of 19.5%.
What is O's P/E ratio?
Realty Income Corporation trades at a price-to-earnings ratio of about 50.2 based on the latest data in our nightly-refreshed cache.
How fast is Realty Income Corporation growing?
O's revenue grew at roughly 27.0% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does Realty Income Corporation have?
As of fiscal year 2025, O carried roughly $0 in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Realty Income Corporation's market cap?
Realty Income Corporation (O) has a market capitalization of about $57.12B, based on the latest data in our nightly-refreshed cache.
When does Realty Income Corporation's fiscal year end?
O's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
What growth is priced into O stock?
At today's market cap of $57.12B, Realty Income Corporation is priced for free-cash-flow growth of about 3.6% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $3.86B from the FY ending 2025-12-31). For comparison, free cash flow actually grew 28.4%/yr over the last five fiscal years and revenue 27%/yr, computed from its SEC filings.
Where does this data come from?
All figures are computed from Realty Income Corporation's official SEC filings (10-K and 10-Q), covering 18 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.