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. In the quarter to June 2026, revenue grew 9.74%, EPS grew 68.2%, free cash flow fell 639.9% and total debt rose 8.11%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years, revenue growth for ten, operating cash flow growth for ten.

56.06 0.51 +0.92%
Market cap
$52.6B
P/E
40.9×
Fwd P/E
38.7×
Dividend yield
6.27%
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 16 October 2026, Realty Income Corporation (O) trades at a EV/EBITDA of 20.1×. Over the past ten years it has ranged from 19.5× (October 2026) to 38.2× (April 2022); the current reading is higher than 1% of that period. That is above the Reit Retail industry median of 15.3× and above the Real Estate sector median of 15.2×.

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× 26.75%
FY2020 28.0× (5.64%)
FY2019 29.7× 12.87%
FY2018 26.3× 0.47%
FY2017 26.2× 0.01%
FY2016 26.2× 8.53%

Quarterly newest first

Period EV/EBITDA Change
Jun 2026 21.5× (8.48%)
Mar 2026 23.5× 9.77%
Dec 2025 21.4× (11.68%)
Sep 2025 24.3× 2.26%
42 more quarters

Against its own ten years

Low 19.5× High 38.2×
Ten-year median 25.6×
Current reading's percentile 1

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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