Realty Income Corporation

O Real Estate Reit Retail

Realty Income Corporation’s revenue for fiscal 2025 (year ended December 2025) was $5.7 billion, up 9.07% from fiscal 2024.

Revenue
+10.3%
EPS
+30.7%
Free cash flow
−344.0%
Total debt
+10.6%

Quarter to September 2026, against a year earlier

59.26 0.24 −0.40%
Market cap
$56.6B
P/E
40.2×
Fwd P/E
37.8×
Dividend yield
5.47%
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Realty Income Corporation (O) EV/EBITDA

Alert me on EV/EBITDA

As of 5 November 2026, Realty Income Corporation (O) trades at a EV/EBITDA of 20.9×. Over the past ten years it has ranged from 19.4× (October 2026) to 38.2× (April 2022); the current reading is higher than 3% of that period. That is above the Reit Retail industry median of 16.0× and above the Real Estate sector median of 15.5×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 21.4× (2.88%)
FY2024 22.1× (1.29%)
FY2023 22.4× (4.42%)
FY2022 23.4× (34.13%)
FY2021 35.5× 25.60%
FY2020 28.3× (5.65%)
FY2019 30.0× 12.89%
FY2018 26.6× 0.48%
FY2017 26.4× 0.01%
FY2016 26.4× 9.50%

Quarterly newest first

Period EV/EBITDA Change
Sep 2026 19.6× (8.78%)
Jun 2026 21.5× (8.48%)
Mar 2026 23.5× 9.77%
Dec 2025 21.4× (11.68%)
43 more quarters

Against its own ten years

Low 19.4× High 38.2×
Ten-year median 25.7×
Current reading's percentile 3

EV/EBITDA against peers

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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