Realty Income/$O
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Realty Income
Realty Income owns roughly 15,600 properties, most of which are freestanding, single-tenant, triple-net-leased retail properties. Its properties are located in all 50 states and Puerto Rico and are leased to nearly 1,800 tenants from 92 industries. Recent acquisitions have added industrial, gaming, office, manufacturing, and distribution properties, which make up roughly 20% of revenue.
- Ticker
- $O
- Sector
- Real Estate
- Primary listing
- NYSE
- Employees
- 544
- Headquarters
- San Diego, United States
- Website
- www.realtyincome.com
Realty Income Metrics
BasicAdvanced
$54B
42.08
$1.37
0.72
$3.25
5.66%
Price and volume
Market cap
$54B
Beta
0.72
52-week high
$67.94
52-week low
$53.15
Average daily volume
8.5M
Dividend rate
$3.25
Financial strength
Current ratio
1.528
Quick ratio
0.446
Long term debt to equity
0.665
Total debt to equity
0.731
Dividend payout ratio (TTM)
236.39%
Interest coverage (TTM)
2.35%
Profitability
EBITDA (TTM)
5,340.437
Gross margin (TTM)
92.68%
Net profit margin (TTM)
20.90%
Operating margin (TTM)
46.01%
Effective tax rate (TTM)
6.93%
Revenue per employee (TTM)
$11,150,000
Management effectiveness
Return on assets (TTM)
2.36%
Return on equity (TTM)
3.22%
Valuation
Price to earnings (TTM)
42.079
Price to revenue (TTM)
8.777
Price to book
1.38
Price to tangible book (TTM)
1.88
Price to free cash flow (TTM)
12.778
Free cash flow yield (TTM)
7.83%
Free cash flow per share (TTM)
4.506
Dividend yield (TTM)
5.64%
Forward dividend yield
5.66%
Growth
Revenue change (TTM)
10.74%
Earnings per share change (TTM)
33.46%
3-year revenue growth (CAGR)
18.03%
10-year revenue growth (CAGR)
19.05%
3-year earnings per share growth (CAGR)
0.78%
10-year earnings per share growth (CAGR)
2.31%
3-year dividend per share growth (CAGR)
2.42%
10-year dividend per share growth (CAGR)
3.32%
What the Analysts think about Realty Income
Analyst ratings (Buy, Hold, Sell) for Realty Income stock.
Analyst projections of the future price of Realty Income stock.
Bulls say / Bears say
Portfolio occupancy was 98.8% in Q2 2026, and rents on re-let properties were 2.7% higher than before. This points to resilient demand for its properties and an ability to maintain rental income when leases turn over. (Nasdaq)
Q2 AFFO per share rose 3.8% year on year, and management raised its 2026 AFFO guidance to $4.44–$4.45, implying about 4% growth at the midpoint. That offers evidence of continued per-share earnings growth supporting the dividend. (Nasdaq)
Realty Income is widening its funding options beyond public share issuance: it has raised outside capital for its U.S. Core Plus Fund and closed a European venture in which KKR bought a 49% stake while Realty Income retained management. This could help it pursue investments while easing reliance on its own balance sheet. (Dealroom, DLA Piper)
Higher bond yields can make Realty Income’s dividend less attractive and raise its refinancing costs. A recent analysis flagged $14.5 billion of debt carrying rates below 4% that matures by 2029, creating a risk that replacement borrowing will weigh on AFFO. (Seeking Alpha)
Management expects same-store rent growth of only 1.1%–1.3% in 2026. That modest organic growth means the company needs acquisitions and continued access to capital to sustain stronger per-share growth. (Realty Income)
Investment-grade clients made up only 34% of annualised rent in Q2, leaving most rental income exposed to tenants without investment-grade ratings. Realty Income also maintained a credit-loss outlook of about 40 basis points of rental revenue. (Nasdaq)
Data summarised monthly by Lightyear AI. Last updated on 14 Oct 2026.
Realty Income Financial Performance
Revenues and expenses
Realty Income Earnings Performance
Company profitability
Upcoming events
Realty Income News
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Funds containing Realty Income
AllUSDEURGBP
Fund name | Fund size | $O weighting |
|---|---|---|
Invesco Real Estate S&P US Select Sector£XREP | $150M | 4.70% |
Invesco Real Estate S&P US Select Sector$XRES | $150M | 4.70% |
VanEck Global Real Estate£TREG | €448M | 3.95% |
VanEck Global Real Estate€TRET | €448M | 3.95% |
iShares Developed Markets Property Yield$IDWP | $1.2B | 3.16% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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