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Realty Income Corporation logo

Realty Income Corporation

O

NYSEReal EstateREIT - Retail

Open in GoAI

Previous close

$62.60

−$0.57 · -0.90%

Aug 21, 4:00 PM ET

Pre-market

$62.8337

+$0.2337 · +0.37%

Aug 24, 6:01 AM ET

O company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

76

Undervalued

Momentum

48

Neutral

Sentiment

66

Bullish

Risk resilience

81

Low Risk

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Company profile

Company website

Known as "The Monthly Dividend Company," Realty Income is an S&P 500 corporation committed to delivering reliable monthly income to its shareholders. Operating as a Real Estate Investment Trust (REIT), its monthly payouts are generated from the consistent cash flow of over 6,500 commercial properties, which are leased to various businesses under long-term contracts. With a remarkable 52-year operational history, the firm (NYSE: O) has announced 608 uninterrupted monthly dividends for its common stock and has increased its dividend payout 109 times since going public in 1994. It also holds a distinguished position within the S&P 500 Dividend Aristocrats index. For additional details, please visit the company's official website at www.realtyincome.com.

Industry
REIT - Retail
Sector
Real Estate
Headquarters
US
CEO
Sumit Roy
Listed since
Oct 18, 1994
Employees
544

Market position

Day range

Current $62.60

52-week range

Current $62.60

Open
$63.30
Previous close
$63.17
Volume
4.09M
0.71× average
Average volume
5.76M
Average daily volume
Market cap
58.37B USD
Beta
0.72
Market reference 1
50-day average
$63.1834
-0.92% below average
200-day average
$61.5924
+1.64% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
83.42B USD
P/E (TTM)
45.69×
P/B (TTM)
1.48×
P/S (TTM)
9.84×
EV / EBITDA
23.49×
Earnings yield
2.08%
Free cash flow yield
7.83%
Dividend yield
5.18%

Profitability & efficiency

Gross margin
68.62%
Operating margin
29.19%
Net margin
22.25%
Return on equity
2.68%
Return on assets
1.45%
Return on invested capital
24.52%

Financial health

Debt / equity
0.07×
Current ratio
0.51×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends101%70%40%9%Gross margin, FY2021: 93.58%Gross margin, FY2022: 93.23%Gross margin, FY2023: 92.23%Gross margin, FY2024: 92.84%Gross margin, FY2025: 89.80%Operating margin, FY2021: 45.76%Operating margin, FY2022: 39.13%Operating margin, FY2023: 42.22%Operating margin, FY2024: 44.03%Operating margin, FY2025: 28.30%Net margin, FY2021: 17.28%Net margin, FY2022: 26.00%Net margin, FY2023: 21.39%Net margin, FY2024: 16.33%Net margin, FY2025: 18.41%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 93.58%. Gross margin FY2022 93.23%. Gross margin FY2023 92.23%. Gross margin FY2024 92.84%. Gross margin FY2025 89.80%. Operating margin FY2021 45.76%. Operating margin FY2022 39.13%. Operating margin FY2023 42.22%. Operating margin FY2024 44.03%. Operating margin FY2025 28.30%. Net margin FY2021 17.28%. Net margin FY2022 26.00%. Net margin FY2023 21.39%. Net margin FY2024 16.33%. Net margin FY2025 18.41%.

Income trends

Revenue

5.75B USD+9.07%

Operating income

1.63B USD-29.90%

Net income

1.06B USD+22.98%
Income trends across reported periods6.29B USD4.13B USD1.98B USD−179.54M USDRevenue, FY2021: 2.08B USDRevenue, FY2022: 3.34B USDRevenue, FY2023: 4.08B USDRevenue, FY2024: 5.27B USDRevenue, FY2025: 5.75B USDOperating income, FY2021: 952.04M USDOperating income, FY2022: 1.31B USDOperating income, FY2023: 1.72B USDOperating income, FY2024: 2.32B USDOperating income, FY2025: 1.63B USDNet income, FY2021: 359.46M USDNet income, FY2022: 869.41M USDNet income, FY2023: 872.31M USDNet income, FY2024: 860.77M USDNet income, FY2025: 1.06B USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 2.08B USD. Revenue FY2022 3.34B USD. Revenue FY2023 4.08B USD. Revenue FY2024 5.27B USD. Revenue FY2025 5.75B USD. Operating income FY2021 952.04M USD. Operating income FY2022 1.31B USD. Operating income FY2023 1.72B USD. Operating income FY2024 2.32B USD. Operating income FY2025 1.63B USD. Net income FY2021 359.46M USD. Net income FY2022 869.41M USD. Net income FY2023 872.31M USD. Net income FY2024 860.77M USD. Net income FY2025 1.06B USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue5.75B USD5.27B USD4.08B USD3.34B USD2.08B USD
Cost of goods sold586.44M USD377.68M USD316.96M USD226.33M USD133.61M USD
Gross profit5.16B USD4.89B USD3.76B USD3.12B USD1.95B USD
Selling, general, and administrative252.97M USD176.9M USD144.54M USD138.46M USD96.98M USD
Operating expenses3.54B USD2.57B USD2.04B USD1.81B USD994.82M USD
Interest expense1.14B USD1.02B USD737.61M USD464.51M USD320.74M USD
Depreciation and amortization2.47B USD2.4B USD1.9B USD1.67B USD897.84M USD
Operating income1.63B USD2.32B USD1.72B USD1.31B USD952.04M USD
Net income1.06B USD860.77M USD872.31M USD869.41M USD359.46M USD

Company facts updated Aug 24, 2026.

O news

247wallst.com

How to Build $6,600 a Month in Dividend Income From Three Income Buckets

Reaching $6,600 a month in dividend income sounds like a single-number problem, but the capital you actually need swings by more than a million dollars depending on which yield tier you choose and what you give up to get…

Read source
fool.com

I Get Paid By 3 Different Dividend Stocks Every Single Month. Here's Who's on My List.

These dividend stocks work together to provide me with monthly income.

Read source
seekingalpha.com

Realty Income: It's Not Too Late To 'Buy'

Realty Income Corporation remains a "Buy," supported by robust investment volume guidance, a scaling private capital business, and an A-rated balance sheet. O's Q2 2026 revenue rose 9.7% YoY to $1.55 billion, with AFFO…

Read source
247wallst.com

The Portfolio Blueprint for Building $19,000 a Month in Dividend Income

Generating $19,000 a month from dividends alone sounds like a single problem with one answer, but the yield you chase changes the required nest egg by millions and introduces a completely different set of risks, tax…

Read source
247wallst.com

3 REITs Whose Dividends Get Hammered by Taxes, Unless You Own Them in a Roth

At the 24% federal marginal bracket, a portfolio throwing off $20,000 in REIT dividends surrenders roughly $4,800 to the IRS every year.

Read source
fool.com

Why I Think the Best Dividend Stock Isn't a Tech Name: It's Realty Income

Tech companies can make great dividend growth stocks. Realty Income offers growth, plus a higher yield and a more frequent payment schedule.

Read source

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ETFs holding O

Funds reporting this stock among their holdings, ordered by reported position size.

Vanguard Real Estate ETF logoVanguard Real Estate ETFVNQ
Market value
2.25B
Weight
3.06%
AUM
73.1B USD
Expense ratio
0.13%
Price / 1D
$98.50-0.10%
Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
1.9B
Weight
0.08%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$378.24+0.44%
Vanguard S&P 500 ETF logoVanguard S&P 500 ETFVOO
Market value
1.56B
Weight
0.09%
AUM
1.7T USD
Expense ratio
0.03%
Price / 1D
$703.71+0.39%
Vanguard Morningstar Mid-Cap ETF logoVanguard Morningstar Mid-Cap ETFVO
Market value
1.29B
Weight
0.57%
AUM
224.7B USD
Expense ratio
0.03%
Price / 1D
$82.97+0.53%
iShares Core S&P 500 ETF logoiShares Core S&P 500 ETFIVV
Market value
793.97M
Weight
0.09%
AUM
891.84B USD
Expense ratio
0.03%
Price / 1D
$769.31+0.39%
State Street SPDR S&P 500 ETF logoState Street SPDR S&P 500 ETFSPY
Market value
732.57M
Weight
0.09%
AUM
817.87B USD
Expense ratio
0.09%
Price / 1D
$765.72+0.41%
State Street SPDR S&P Dividend ETF logoState Street SPDR S&P Dividend ETFSDY
Market value
477.99M
Weight
2.17%
AUM
22.07B USD
Expense ratio
0.35%
Price / 1D
$158.44+0.23%
Schwab U.S. REIT ETF logoSchwab U.S. REIT ETFSCHH
Market value
458.75M
Weight
4.03%
AUM
11.39B USD
Expense ratio
0.07%
Price / 1D
$24.04-0.08%

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