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
5.79%
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Realty Income Corporation (O) P/B ratio

Alert me on P/B ratio

As of 16 October 2026, Realty Income Corporation (O) trades at a P/B ratio of 1.2×. Over the past ten years it has ranged from 1.0× (October 2023) to 2.8× (August 2016); the current reading is higher than 12% of that period. That is below the Reit Retail industry median of 1.7× and above the Real Estate sector median of 1.0×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 1.3× 7.99%
FY2024 1.2× (3.64%)
FY2023 1.2× (9.49%)
FY2022 1.4× 14.59%
FY2021 1.2× (37.45%)
FY2020 1.9× (17.87%)
FY2019 2.3× 5.57%
FY2018 2.2× 7.26%
FY2017 2.0× (8.69%)
FY2016 2.2× 16.06%

Quarterly newest first

Period P/B ratio Change
Jun 2026 1.4× (0.38%)
Mar 2026 1.4× 8.49%
Dec 2025 1.3× (9.94%)
Sep 2025 1.4× 7.08%
42 more quarters

Against its own ten years

Low 1.0× High 2.8×
Ten-year median 1.9×
Current reading's percentile 13

P/B ratio against peers

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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