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) Return on invested capital

Alert me on Return on invested capital

Realty Income Corporation's return on invested capital over the twelve months to 30 June 2026 was 1.13%, up 0.2 percentage points from fiscal 2025 (0.88%). Over the past ten years it has ranged from 0.50% (fiscal 2021) to 1.48% (fiscal 2018); the current reading is higher than 27% of that period. That is below the Reit Retail industry median of 3.18% and below the Real Estate sector median of 2.03%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2025 0.88% 0.13
FY2024 0.75% (0.27)
FY2023 1.02% (0.05)
FY2022 1.07% 0.57
FY2021 0.50% (0.57)
FY2020 1.07% (0.37)
FY2019 1.44% (0.04)
FY2018 1.48% 0.16
FY2017 1.32% (0.15)
FY2016 1.47% 0.00

Against its own ten years

Low 0.50% High 1.48%
Ten-year median 1.07%
Current reading's percentile 27

Return on invested capital against peers

Company Return on invested capital
SPG Simon Property Group, Inc. compare 6.18%
FRT Federal Realty Investment Trust compare 4.93%
NNN NNN REIT, Inc. compare 3.92%
BRX Brixmor Property Group Inc. compare 3.81%
REG Regency Centers Corporation compare 3.17%
KIM Kimco Realty Corporation compare 2.67%
ADC Agree Realty Corporation compare 2.26%
MAC Macerich Company (The) compare 1.38%
O Realty Income Corporation 1.13%
Reit Retail industry median 3.18%
Real Estate sector median 2.03%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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