Realty Income (O): financials, SEC filings and peers
Realty Income (O) is a retail reits company in the Real Estate sector of the S&P 500, headquartered in San Diego, California.
It was founded in 1969 and joined the S&P 500 on April 7, 2015.
Its fiscal year ends in December, and its shares trade on the NYSE.
In its SEC filings it is classified as “Real Estate Investment Trusts”.
Realty Income at a glance
- Revenue (12 months)
- $6.2B
- Revenue growth
- +10.8%
- Operating margin
- 24.5%
- Net income (12 months)
- $1.4B
- Free cash flow (12 months)
- —
- Cash
- $369M
- Debt
- —
- Diluted EPS (12 months)
- $1.46
Twelve months to September 30, 2026, from the 10-Q filed November 3, 2026.
Latest twelve months
Over the twelve months to September 30, 2026, Realty Income reported revenue of $6.2 billion, up 10.8% from a year earlier.
Its operating margin was 24.5%, up 5.7 percentage points from a year earlier: for every $100 of sales, about $25 was left as operating profit.
Net income was $1.4 billion (22.9% of revenue), 47.6% higher than a year earlier.
At the end of the period it held $369 million in cash and not reported in debt, a net cash position of $369 million.
The diluted share count rose 3.4% in a year, which dilutes existing shareholders.
Five-year trend
- Revenue went from $1.6 billion in fiscal 2020 to $5.7 billion in fiscal 2025, about 28.4% a year.
- Revenue has grown for 5 fiscal years in a row.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $2.1B | $3.3B | $4.1B | $5.3B | $5.7B |
| Revenue growth | 26.3% | 60.7% | 22.0% | 29.2% | 9.1% |
| Operating margin | — | — | — | — | — |
| Net income | $359M | $869M | $872M | $861M | $1.1B |
| Free cash flow | — | — | — | — | — |
| Diluted EPS | $0.87 | $1.42 | $1.26 | $0.98 | $1.17 |
Fiscal years as reported in Realty Income’s 10-K filings. Free cash flow is operating cash flow minus capital spending.
Recent SEC filings
- 8-K filed November 6, 2026 — Executive or director change
- 10-Q filed November 3, 2026 — quarterly report
- 8-K filed November 2, 2026 — Earnings results; Regulation FD disclosure
- 8-K filed August 25, 2026 — Other event
- 8-K filed August 14, 2026 — New debt obligation; Unregistered share sale
- 8-K filed August 12, 2026 — Other event
- 8-K filed August 11, 2026 — Other event
- 10-Q filed August 6, 2026 — quarterly report
Companies like Realty Income
Other S&P 500 companies in Retail REITs:
- FRTFederal Realty Investment TrustRockville, Maryland
- KIMKimco RealtyJericho, New York
- REGRegency CentersJacksonville, Florida
- SPGSimon Property GroupIndianapolis, Indiana
More from Real Estate
Questions about Realty Income
Is Realty Income's revenue growing?
Yes. Revenue for the twelve months to September 30, 2026 was $6.2 billion, up 10.8% from a year earlier, according to its SEC filings.
Is Realty Income profitable?
Yes. It earned $1.4 billion in net income over the twelve months to September 30, 2026, a net margin of 22.9%.
When did Realty Income last file financial results?
Its latest quarterly report (10-Q) was filed with the SEC on November 3, 2026.
Which companies are similar to Realty Income?
In the S&P 500, Realty Income is grouped in Retail REITs within the Real Estate sector. Federal Realty Investment Trust (FRT), Kimco Realty (KIM), Regency Centers (REG), Simon Property Group (SPG) are in the same group.
Understand the numbers
Source: Realty Income’s filings with the U.S. Securities and Exchange Commission (EDGAR), retrieved November 11, 2026. Figures are as reported by the company and may be restated. This page is for information only and is not financial advice.