REALTY INCOME CORP (O) Overview

Real Estate • NYSE • CIK 0000726728

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Data provided for free by IEX. By accessing or using IEX Historical Data, you agree to the IEX Historical Data Terms of Use. iex.io/legal/hist-data-terms

Market Cap
$56.35B
P/E (TTM)
41.6x
Rev Growth (TTM)
+10.8%
Net Margin (TTM)
21.8%
FCF Yield (TTM)
7.1%
FCF Margin (TTM)
64.1%
Figures as of September 30, 2026
Data coverage notes

Operating income: no tagged operating-income figure (OperatingIncomeLoss) resolved for the trailing twelve months, so MetricDuck computes revenue minus total costs and expenses as it totals them; it is not a figure the filing tags as operating income. Interest coverage is built on it; no EBIT is synthesised.

Filings

Primary-source SEC disclosures, read end-to-end. SEC figures cite the filing they come from.

What your agent reads

Company-published material — management’s own words, not SEC-audited. Each source below is labeled so your agent knows what to verify.

Company-published, not SEC-audited

Earnings

Q3
14 days ago
8-K release
Revenue
$1.62B
+10.3%
Net Income
$403.94M
+27.9%
EPS
$0.43
+22.9%
Most recent quarterly earnings snapshot

Cash Flow Health

Free Cash Flow8/8 positive
TTM$4.0B
Q3 '26
$887.2M-18%
Q2 '26
$1.1B+28%
FCF Margin
TTM64.1%
Q3 '2654.7%-22%
Sector: 13.2%Top 10%
OCF Margin
66.9%
OCF/NI3.06x
CapEx Coverage
24.2x
FCF Yield7.1%
FCF Growth (3Y)+13%

Cash-conversion-cycle metrics are not computed for financial-sector filers.

Cash flow trends & capital efficiency

Capital Allocation

Total Shareholder Yield
TTM5.5%
Div Yield5.6%
+
Buybacknot disclosed
Dividend & Payout Metrics
Dividend Yield (TTM)5.6%
FCF Payout Ratio80.0%
Free Cash Flow (TTM)$4.0B
Capital Return / FCF78.4%
Shares Outstanding (YoY)3.4%↑ Dilution
Est. Dividends Paid (TTM)$3.2B
Buyback data not disclosed in this company's filings.
Shows how management rewards shareholders

Valuation Metrics

Price-to-EarningsTTM
41.6x
Volatile
8Q: 45.1x-2552%
Valuation Lenses
Earnings
41.6x
vs – sector
Cash Flow
21.1x
EV/FCF vs –
Growth-Adj
1.2xPEG
Fair for growth
Quality-Adj
–P/E per %ROIC
ROIC: –
Shareholder Returns
Dividend
5.6%
Buyback
–
Total Yield
5.5%
Market Cap$56.35B
EV$83.94B

Data provided for free by IEX. By accessing or using IEX Historical Data, you agree to the IEX Historical Data Terms of Use. iex.io/legal/hist-data-terms

Multi-angle valuation analysis with sector context

Margins & Efficiency

ROE 56th pctile
Profitability
Net Margin
21.8%
ROA
1.8%
ROTCE
4.7%

Gross/operating margin, ROIC and the DuPont decomposition are not computed for financial-sector filers.

Return on EquityTTM
3.4%
P25MedianP75
56th pctl (med: 1.6%)
Asset & CapEx Efficiency
CapEx/Depreciation
0.07x
FCF vs Net Margin Gap+42.2 pts
Margin trends, ROIC, and capital efficiency

Balance Sheet & Solvency

ND/EBITDA 4.2x
Net Debt / EBITDA
4.2xNet Debt: $27.58B
Interest Coverage
1.3x
Leverage Metrics
Debt-to-Equity
0.71x
Balance sheet risk & solvency analysis