Realty Income (O) Financials: Revenue & Earnings

O price $56.07 -0.75 -1.32%

Ticker
O
Price
$56.07
Change
-0.75 -1.32%
Market cap ?
$53.05B
P/E ?
41.09
Forward P/E ?
36.85
Dividend yield ?
5.76%
Beta ?
0.70
Sector
Real Estate
Industry
REIT - Retail
Stocklytics score
52
Value
40
Quality
56
Growth
60

Stocklytics score rationale: value 40, quality 56, growth 60.

Financials

2016201720182019202020212022202320242025
1103172000121576800013278380001488163000164708700020804630003343681000407899300052711420005749400000

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…

Fair value

O fair value $32.99. Price $56.07. Price is 70% above fair value.

Above fair value, and more expensive than usual. A larger premium than on 85% of days in the past 5 years.

Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.

Calculated with a 10-year free-cash-flow discount. Starting free cash flow 3.45B. Growth 1.73%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 8.70% (beta 0.8). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 946.22M. Net debt 32.42B. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the median P/E of the company's industry. That median uses listed stocks worth at least $10 billion with a positive P/E of 100 or below, and the industry needs at least eight of them. Otherwise the sector median is used when that group also has at least eight, then the market median of those large companies. The multiple used is the lower of that median and 1.25 times the stock's own 10-year median P/E, then kept between 8 and 30. If the stock has no 10-year median, the peer median is kept between 8 and 30. Fair value is the average of the cash-flow value and the earnings value when both exist. Card and credit companies use the earnings value only, because changes in customer receivables distort free cash flow. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.

Model uncertainty high for this stock

Compare O

Earnings

DateEPS actualEPS estimateRevenueRevenue estimate
2026-11-02—0.41—1.43B
2026-08-050.370.401.43B1.40B
2026-05-060.330.401.44B1.39B
2026-02-240.320.381.40B1.36B
2025-11-030.340.401.47B1.39B
2025-08-040.220.401.41B1.34B
2025-05-050.280.361.38B1.32B
2025-02-240.230.381.34B1.28B
2024-11-040.300.361.33B1.26B
2024-08-050.290.361.34B1.25B
2024-05-060.160.391.26B1.26B
2024-02-200.300.321.08B1.02B
2023-11-060.330.321.04B1.00B
2023-08-020.290.341.02B985.11M
2023-05-030.340.34944.40M907.67M
2023-02-210.360.32888.65M846.30M
2022-11-020.360.33837.27M817.50M
2022-08-030.370.38810.42M795.64M
2022-05-040.340.42807.34M754.78M
2022-02-220.010.37681.50M667.10M
2021-11-010.340.40489.89M469.76M
2021-08-020.330.37463.30M442.42M
2021-05-030.260.30442.25M422.24M
2021-02-220.330.34418.08M430.37M
2020-11-020.070.35404.57M2.02B
2020-08-030.310.32414.64M428.01M
2020-05-040.460.45414.34M423.76M
2020-02-190.390.34397.53M346.56M
2019-11-040.320.33374.25M385.94M
2019-08-050.300.34365.45M397.70M
2019-05-010.370.34354.37M325.63M
2019-02-200.290.31342.58M366.20M
2018-10-310.340.33338.08M328.14M
2018-08-010.340.32328.89M309.55M
2018-05-080.290.33318.30M362.20M
2018-02-210.220.32310.65M451.93M
2017-10-250.320.31306.92M297.31M
2017-07-260.300.32300.17M320.21M
2017-04-250.270.29298.02M320.07M
2017-02-220.330.30287.84M261.64M

Dividends

Yield 5.79%. Payout ratio 2.27%. Frequency Monthly.

Safety score 85/100 · Safe. Payout ratio is 2% of earnings. Dividends use most of free cash flow. Dividends were paid in 33 separate years. Yield is 5.8%, in a range that is usually sustainable.

Ex-dateDividendRecordPaymentFrequency
2026-10-30$0.272026-10-302026-11-13Monthly
2026-09-30$0.272026-09-302026-10-15Monthly
2026-08-31$0.272026-08-312026-09-15Monthly
2026-07-31$0.272026-07-312026-08-14Monthly
2026-06-30$0.272026-06-302026-07-15Monthly
2026-05-29$0.272026-05-292026-06-15Monthly
2026-04-30$0.272026-04-302026-05-15Monthly
2026-03-31$0.272026-03-312026-04-15Monthly
2026-02-27$0.272026-02-272026-03-13Monthly
2026-01-30$0.272026-01-302026-02-13Monthly
2025-12-31$0.272025-12-312026-01-15Monthly
2025-11-28$0.272025-11-282025-12-15Monthly
2025-10-31$0.272025-10-312025-11-14Monthly
2025-10-01$0.272025-10-012025-10-15Irregular
2025-09-02$0.272025-09-022025-09-15Monthly
2025-08-01$0.272025-08-012025-08-15Monthly
2025-07-01$0.272025-07-012025-07-15Monthly
2025-06-02$0.272025-06-022025-06-13Monthly
2025-05-01$0.272025-05-012025-05-15Monthly
2025-04-01$0.272025-04-012025-04-15Irregular
2025-03-03$0.272025-03-032025-03-14Monthly
2025-02-03$0.262025-02-032025-02-14Monthly
2025-01-02$0.262025-01-022025-01-15Monthly
2024-12-02$0.262024-12-022024-12-13Monthly
2024-11-01$0.262024-11-012024-11-15Monthly
2024-10-01$0.262024-10-012024-10-15Irregular
2024-09-03$0.262024-09-032024-09-13Monthly
2024-08-01$0.262024-08-012024-08-15Monthly
2024-07-01$0.262024-07-012024-07-15Irregular
2024-06-03$0.262024-06-032024-06-14Monthly
2024-04-30$0.262024-05-012024-05-15Monthly
2024-03-28$0.262024-04-012024-04-15Monthly
2024-02-29$0.262024-03-012024-03-15Monthly
2024-01-31$0.262024-02-012024-02-15Monthly
2023-12-29$0.262024-01-022024-01-12Monthly
2023-11-30$0.262023-12-012023-12-15Monthly
2023-10-31$0.262023-11-012023-11-15Monthly
2023-09-29$0.262023-10-022023-10-13Monthly
2023-08-31$0.262023-09-012023-09-15Monthly
2023-07-31$0.262023-08-012023-08-15Monthly
2023-06-30$0.262023-07-032023-07-14Monthly
2023-05-31$0.262023-06-012023-06-15Monthly
2023-04-28$0.262023-05-012023-05-15Monthly
2023-03-31$0.262023-04-032023-04-14Monthly
2023-02-28$0.252023-03-012023-03-15Monthly
2023-01-31$0.252023-02-012023-02-15Monthly
2022-12-30$0.252023-01-032023-01-13Irregular
2022-11-30$0.252022-12-012022-12-15Monthly
2022-11-30$0.252022-12-012022-12-15Irregular
2022-10-31$0.252022-11-012022-11-15Monthly
2022-09-30$0.252022-10-032022-10-14Monthly
2022-08-31$0.252022-09-012022-09-15Monthly
2022-07-29$0.252022-08-012022-08-15Monthly
2022-06-30$0.252022-07-012022-07-15Monthly
2022-05-31$0.252022-06-012022-06-15Monthly
2022-04-29$0.252022-05-022022-05-13Monthly
2022-03-31$0.252022-04-012022-04-15Monthly
2022-02-28$0.252022-03-012022-03-15Monthly
2022-01-31$0.252022-02-012022-02-15Monthly
2021-12-31$0.252022-01-032022-01-14Monthly
2021-11-30$0.252021-12-012021-12-15Monthly
2021-11-01$0.232021-11-022021-11-15Monthly
2021-09-30$0.232021-10-012021-10-15Monthly
2021-08-31$0.232021-09-012021-09-15Monthly
2021-07-30$0.232021-08-022021-08-13Monthly
2021-06-30$0.232021-07-012021-07-15Monthly
2021-05-28$0.232021-06-012021-06-15Monthly
2021-04-30$0.232021-05-032021-05-14Monthly
2021-03-31$0.232021-04-012021-04-15Monthly
2021-02-26$0.232021-03-012021-03-15Monthly
2021-01-29$0.232021-02-012021-02-16Monthly
2020-12-31$0.232021-01-042021-01-15Monthly
2020-11-30$0.232020-12-012020-12-15Monthly
2020-10-30$0.232020-11-022020-11-13Monthly
2020-09-30$0.232020-10-012020-10-15Monthly
2020-08-31$0.232020-09-012020-09-15Monthly
2020-07-31$0.232020-08-032020-08-14Monthly
2020-06-30$0.232020-07-012020-07-15Monthly
2020-05-29$0.232020-06-012020-06-15Monthly
2020-04-30$0.232020-05-012020-05-15Monthly

Insider trades

DateInsiderActionSharesPriceValue
2026-09-10McLaughlin GregorySell3.48K$60.15209.02K
2026-06-27Redington NealeSell240$63.1215.15K
2026-05-21McLaughlin GregoryBuy3.21K——
2026-05-21MCKEE MICHAEL DBuy3.21K——
2026-05-21LOPEZ GERARDO IBuy3.21K——
2026-05-21Jacobson Jeff ABuy3.21K——
2026-05-21Huskins Priya CherianBuy3.21K——
2026-05-21Preusse Mary HoganBuy3.21K——
2026-05-21Hourihan KimberlyBuy3.21K——
2026-05-21GILYARD REGINALD HAROLDBuy3.21K——
2026-05-21Chapman A. LarryBuy3.21K——
2026-05-21Almodovar PriscillaBuy3.21K——
2026-04-02Bushore MichelleSell7.40K$62.42461.91K
2026-04-01McLaughlin GregorySell3.27K$61.87202.62K
2026-02-26Bushore MichelleBuy7.70K——
2026-02-17Whyte Gregory J.Buy6.98K——
2026-02-17Whyte Gregory J.Buy22.65K——
2026-02-17Whyte Gregory J.Sell6.11K$66.49406.52K
2026-02-17Roy SumitBuy33.85K——
2026-02-17Roy SumitBuy103.79K——
2026-02-17Roy SumitSell28.00K$66.491.86M
2026-02-17Redington NealeBuy10.75K——
2026-02-17Pong JonathanBuy7.11K——
2026-02-17Kehle ShannonBuy2.26K——
2026-02-17Kehle ShannonBuy4.87K——
2026-02-17Kehle ShannonSell1.31K$66.4987.17K
2026-02-17Hagan Mark EBuy10.53K——
2026-02-17Hagan Mark EBuy30.19K——
2026-02-17Hagan Mark ESell8.14K$66.49541.30K
2026-02-17Bushore MichelleBuy7.58K——
2026-02-17Bushore MichelleBuy24.29K——
2026-02-17Bushore MichelleSell6.55K$66.49435.58K
2026-02-17Abraham NeilBuy10.71K——
2026-02-17Abraham NeilBuy30.65K——
2026-02-17Abraham NeilSell8.27K$66.49549.54K
2026-02-15Whyte Gregory J.Sell1.09K$65.6671.64K
2026-02-15Whyte Gregory J.Sell994$65.6665.27K
2026-02-15Roy SumitSell4.55K$65.66298.56K
2026-02-15Roy SumitSell4.66K$65.66305.78K
2026-02-15Redington NealeSell337$65.6622.13K
2026-02-15Pong JonathanSell2.32K$65.66152.46K
2026-02-15Pong JonathanSell584$65.6638.35K
2026-02-15Pong JonathanSell12$65.66788
2026-02-15Kehle ShannonSell650$65.6642.68K
2026-02-15Kehle ShannonSell365$65.6623.97K
2026-02-15Hagan Mark ESell1.32K$65.6686.80K
2026-02-15Hagan Mark ESell1.45K$65.6695.14K
2026-02-15Bushore MichelleSell1.06K$65.6669.80K
2026-02-15Bushore MichelleSell1.05K$65.6668.88K
2026-02-15Abraham NeilSell1.34K$65.6688.12K
2026-02-15Abraham NeilSell1.48K$65.6697.18K
2026-01-01Roy SumitSell3.02K$56.37170.24K
2026-01-01Roy SumitSell3.58K$56.37201.58K
2026-01-01Pong JonathanSell1.40K$56.3778.97K
2026-01-01Pong JonathanSell1.47K$56.3782.98K
2026-01-01Kehle ShannonSell784$56.3744.19K
2026-01-01Kehle ShannonSell893$56.3750.34K
2026-01-01Hagan Mark ESell776$56.3743.74K
2026-01-01Hagan Mark ESell1.13K$56.3763.64K
2026-01-01Bushore MichelleSell708$56.3739.91K
2026-01-01Bushore MichelleSell903$56.3750.90K
2026-01-01Abraham NeilSell793$56.3744.70K
2026-01-01Abraham NeilSell1.15K$56.3764.66K
2025-12-31Roy SumitSell28.27K$56.371.59M
2025-12-31Hagan Mark ESell8.05K$56.37453.89K
2025-12-31Bushore MichelleSell6.48K$56.37365.11K
2025-12-31Abraham NeilSell8.17K$56.37460.71K
2025-11-15Pong JonathanSell285$56.8016.19K
2025-11-15Kehle ShannonSell266$56.8015.11K
2025-10-14Hourihan KimberlyBuy3.40K——
2025-10-14Hourihan KimberlyOther0——
2025-09-30Preusse Mary HoganSell11.00K$60.43664.73K
2025-06-27Redington NealeSell244$57.0313.92K
2025-05-13McLaughlin GregoryBuy3.63K——
2025-05-13MCKEE MICHAEL DBuy3.63K——
2025-05-13LOPEZ GERARDO IBuy3.63K——
2025-05-13Jacobson Jeff ABuy3.63K——
2025-05-13Huskins Priya CherianBuy3.63K——
2025-05-13Preusse Mary HoganBuy3.63K——
2025-05-13GILYARD REGINALD HAROLDBuy3.63K——
2025-05-13Chapman A. LarryBuy3.63K——
2025-05-13Almodovar PriscillaBuy3.63K——
2025-03-14Roy SumitSell28.28K$55.231.56M
2025-03-14Hagan Mark ESell8.02K$55.23442.89K
2025-03-14Abraham NeilSell8.14K$55.23449.74K
2025-03-14Bushore MichelleSell6.41K$55.23354.19K
2025-02-18Whyte Gregory J.Buy7.24K——
2025-02-18Roy SumitBuy104.80K——
2025-02-18Roy SumitBuy34.52K——
2025-02-18Redington NealeBuy11.77K——
2025-02-18Pong JonathanBuy5.43K——
2025-02-18Kehle ShannonBuy2.67K——
2025-02-18Hagan Mark EBuy29.75K——
2025-02-18Hagan Mark EBuy10.75K——
2025-02-18Bushore MichelleBuy23.79K——
2025-02-18Bushore MichelleBuy7.79K——
2025-02-18Abraham NeilBuy30.21K——
2025-02-18Abraham NeilBuy10.98K——
2025-02-15Whyte Gregory J.Sell1.11K$54.4960.32K
2025-02-15Roy SumitSell4.65K$54.49253.16K

Institutional holders

Latest filed quarter: Q2 2026.

Institutions holding: 1.52K, holders +19 vs prior quarter. Ownership 81.28%.

HolderSharesChangeChange %Value
BLACKROCK, INC.112.93M5.02M+4.65%7.00B
VANGUARD PORTFOLIO MANAGEMENT LLC83.12M1.88M+2.32%5.15B
STATE STREET CORP65.93M2.17M+3.40%4.10B
VANGUARD CAPITAL MANAGEMENT LLC60.85M724.59K+1.21%3.77B
GEODE CAPITAL MANAGEMENT, LLC31.27M968.06K+3.20%1.96B
BANK OF AMERICA CORP /DE/19.12M1.79M+10.30%1.18B
MORGAN STANLEY14.44M-802.27K-5.26%894.73M
DIMENSIONAL FUND ADVISORS LP13.48M461.45K+3.54%835.24M
CHARLES SCHWAB INVESTMENT MANAGEMENT INC13.07M880.58K+7.22%809.77M
SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P.13.07M13.07MNew809.77M
NORGES BANK12.98M12.98MNew804.12M
RAYMOND JAMES FINANCIAL INC12.06M-26.66K-0.22%747.41M
GOLDMAN SACHS GROUP INC11.98M7.69M+178.93%742.56M
PARNASSUS INVESTMENTS, LLC11.64M-2.50M-17.69%721.23M
NORTHERN TRUST CORP11.07M-416.36K-3.63%685.83M
LEGAL & GENERAL GROUP PLC10.38M-154.68K-1.47%643.33M
UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC10.35M10.35MNew641.58M
FMR LLC9.61M713.09K+8.01%595.73M
APG ASSET MANAGEMENT US INC.8.92M-16.11K-0.18%551.52M
INVESCO LTD.8.31M128.08K+1.56%515.17M
COHEN & STEERS, INC.6.71M49.39K+0.74%415.93M
JPMORGAN CHASE & CO6.22M-7.61M-55.02%392.23M
BANK OF NEW YORK MELLON CORP5.49M39.05K+0.72%340.18M
UBS GROUP AG5.36M1.41M+35.53%332.24M
VANGUARD FIDUCIARY TRUST CO5.24M47.72K+0.92%324.39M

Earnings and financials

Realty Income Corporation (O) trades at $56.07, with a market cap of $53.05B and a trailing P/E of 41.09. Revenue below is the annual history on file. It describes what the business has already reported. It is not a forecast and it is not a recommendation.

Financials

2016201720182019202020212022202320242025
1103172000121576800013278380001488163000164708700020804630003343681000407899300052711420005749400000

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Stocklytics home · Screener

Realty Income (O) Financials: Revenue & Earnings

O$56.07-0.75 -1.32%

$53.05B

Market Cap

41.09

P/E

36.85

Forward P/E

52

Score

Price History