Realty Income Corporation O

55.54 0.13 0.23% as of 25 Sep
Market cap
$52.5B
P/E
40.5×
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Realty Income Corporation (O) Gross margin

Realty Income Corporation's gross margin over the twelve months to 30 June 2026 was 92.7%, up 0.1 percentage points from fiscal 2025 (92.5%). Over the past ten years it has ranged from 92.2% (fiscal 2023) to 95.0% (fiscal 2018); the current reading is higher than 18% of that period. That is above the Reit Retail industry median of 71.8% and above the Real Estate sector median of 66.1%.

Gross margin, annual

Annual

Period Gross margin Change (points)
FY2025 92.5% (0.30)
FY2024 92.8% 0.61
FY2023 92.2% (1.00)
FY2022 93.2% (0.35)
FY2021 93.6% (0.07)
FY2020 93.7% (0.40)
FY2019 94.1% (0.95)
FY2018 95.0% 0.71
FY2017 94.3% (0.01)
FY2016 94.3% (0.29)

Quarterly

Period Gross margin Change (points)
Jun 2026 92.7% 0.28
Mar 2026 92.5% (0.28)
Dec 2025 92.7% (0.01)
Sep 2025 92.8% 0.37
42 more quarters

Against its own ten years

Low 92.2% High 95.0%
Ten-year median 93.7%
Current reading's percentile 18

Gross margin against peers

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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