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Realty Income
(NYSE:O)
Realty Income (O) vs. SPDR S&P 500 ETF (SPY)
Realty Income Business Overview & Revenue Model
Realty Income Key Performance Indicators (KPIs)
Analyzes revenue streams from various property types, providing insight into income stability and growth opportunities in different market segments.
Main Street DataRealty Income Earnings Call Summary
Realty Income Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 5.39B | 5.27B | 4.08B | 3.34B | 2.08B | 1.65B |
| Gross Profit | 5.00B | 4.89B | 3.76B | 1.45B | 1.95B | 1.55B |
| EBITDA | 4.29B | 4.33B | 3.60B | 2.93B | 1.85B | 1.55B |
| Net Income | 978.30M | 860.77M | 872.31M | 869.41M | 359.46M | 395.49M |
Balance Sheet | ||||||
| Total Assets | 69.76B | 68.84B | 57.78B | 49.67B | 43.14B | 20.74B |
| Cash, Cash Equivalents and Short-Term Investments | 319.01M | 444.96M | 232.92M | 171.10M | 258.58M | 824.48M |
| Total Debt | 27.54B | 26.76B | 21.99B | 19.49B | 15.44B | 8.82B |
| Total Liabilities | 30.52B | 29.78B | 24.67B | 20.83B | 18.01B | 9.72B |
| Stockholders Equity | 39.03B | 38.84B | 32.94B | 28.71B | 25.05B | 10.99B |
Cash Flow | ||||||
| Free Cash Flow | 3.58B | 3.57B | 2.96B | 2.56B | 1.30B | 1.11B |
| Operating Cash Flow | 3.58B | 3.57B | 2.96B | 2.56B | 1.32B | 1.12B |
| Investing Cash Flow | -4.27B | -3.34B | -9.35B | -8.39B | -6.44B | -2.03B |
| Financing Cash Flow | 336.37M | -21.16M | 6.44B | 5.74B | 4.58B | 1.69B |
Realty Income Technical Analysis
Realty Income Risk Analysis
Realty Income Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | $14.63B | 28.27 | 5.19% | 4.63% | 12.55% | 45.10% | |
79 Outperform | $52.09B | 52.34 | 2.50% | 5.60% | 22.56% | 2.59% | |
76 Outperform | $12.93B | 33.39 | 5.83% | 3.98% | 7.39% | 3.41% | |
76 Outperform | $8.18B | 20.24 | 9.35% | 5.33% | 5.40% | -1.33% | |
73 Outperform | $8.32B | 27.51 | 9.85% | 4.59% | 6.07% | 24.23% | |
73 Outperform | $62.88B | 24.91 | 73.22% | 5.04% | 4.25% | -14.90% | |
65 Neutral | £989.01M | 11.77 | -0.08% | 5.05% | 10.32% | 31.28% |
Realty Income Corporate Events
On June 23, 2025, Realty Income Corporation announced amendments to its existing term loan agreements with Wells Fargo and Toronto Dominion, aligning them with its recently updated credit agreement. These amendments involve a $300 million term loan due in 2025 and a $500 million term loan due in 2027, as well as multi-currency loans allowing up to $1.5 billion in borrowings, potentially impacting the company’s financial strategy and market positioning.
The most recent analyst rating on (O) stock is a Hold with a $67.00 price target. To see the full list of analyst forecasts on Realty Income stock, see the O Stock Forecast page.
On June 20, 2025, Realty Income Corporation successfully closed its offering of €650 million in 3.375% Notes due 2031 and another €650 million in 3.875% Notes due 2035. This financial maneuver, facilitated by major financial institutions, is expected to bolster the company’s capital structure and enhance its market positioning.
The most recent analyst rating on (O) stock is a Hold with a $67.00 price target. To see the full list of analyst forecasts on Realty Income stock, see the O Stock Forecast page.
On June 11, 2025, Realty Income Corporation announced a purchase agreement to issue and sell €650 million of 3.375% Notes due 2031 and €650 million of 3.875% Notes due 2035 to a group of underwriters. The offering is expected to close on June 20, 2025, subject to customary conditions, potentially impacting the company’s financial strategy and market positioning.
The most recent analyst rating on (O) stock is a Hold with a $67.00 price target. To see the full list of analyst forecasts on Realty Income stock, see the O Stock Forecast page.
On June 11, 2025, Realty Income Corporation provided updates on its capital raising and liquidity status, revealing a liquidity position of $4.6 billion as of June 6, 2025. This includes cash and cash equivalents, unsettled ATM forward equity, and availability under its credit facilities, indicating a strong financial position to support its operations and strategic initiatives.
The most recent analyst rating on (O) stock is a Hold with a $67.00 price target. To see the full list of analyst forecasts on Realty Income stock, see the O Stock Forecast page.
On May 13, 2025, Realty Income held its Annual Meeting where stockholders voted on several key proposals. All ten director nominees were elected to serve until the 2026 annual meeting, and KPMG LLP’s appointment as the independent registered public accounting firm for 2025 was ratified. Additionally, stockholders approved the compensation of the company’s named executive officers and an amendment to the Realty Income Corporation 2021 Incentive Award Plan.
The most recent analyst rating on (O) stock is a Hold with a $67.00 price target. To see the full list of analyst forecasts on Realty Income stock, see the O Stock Forecast page.
On May 5, 2025, Realty Income Corporation announced its financial results for the first quarter ending March 31, 2025. The company reported a net income of $249.8 million, or $0.28 per share, and an increase in Adjusted Funds from Operations (AFFO) per share by 2.9% to $1.06 compared to the same period in 2024. Realty Income invested $1.4 billion at a 7.5% yield and settled 11.2 million shares of forward sale agreements for $632 million. The company also issued $600 million in senior unsecured notes and expanded its credit facilities by $5.38 billion in April 2025. Realty Income’s portfolio remains robust with a 98.5% occupancy rate, and the company continues to benefit from its diversified and strategic investments, particularly in Europe.