Realty Income reports Q4 AFFO $1.08, consensus $1.08

Reports Q4 revenue $1.49B, consensus $1.39B. “2025 represented another year of consistent returns and deliberate execution of strategic initiatives that will amplify our competitive strengths,” said Sumit Roy, Realty Income’s (O) President and CEO. “The momentum in our business is palpable. Our Q4 investment volume of $2.4B represents a meaningful acceleration in activity, and our active pipeline for 2026 is reflected in our initial investment volume guidance of approximately $8.0B. In concert with healthy portfolio occupancy and underlying tenant credit, we are introducing 2026 AFFO per share guidance of $4.38-$4.42, representing annual growth of approximately 2.8% at the midpoint and approximately 9% total operational return.”