profit from every $100 of sales.
$0$100
Realty Income
$59.26-0.52% today
+4.1% in 1 year
1-year low $53.351-year high $67.56
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2020 to 2025.
0%20% a year
You pay $53.39 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Realty Income sold, what it kept, and what it did with the cash.
Sales went from $3.34 billion in 2022 to $5.75 billion in 2025, with $1.06 billion of profit last year.
SalesProfit
Realty Income handed back 73% of the cash it generated last year.
$2.9B
Free cash flow 2025$4.0B
Bought back its own shares$0
Paid as dividends$2.9B
Cash vs. debt$435M vs. $29.3B
Realty Income vs. similar companies
Realty Income grows the fastest of these 5 and is the most expensive for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Realty Income | 53.4× · Expensive | ||
 Simon Property Group | 19.1× · Fair price | ||
 Kimco Realty | 28.9× · Fair price | ||
 Unibail-Rodamco-Westfield | 10.6× · Cheap | ||
 CapitaLand Integrated Commercial | 19.8× · Fair price |
Compare Realty Income with American Tower · Equinix · Prologis · Simon Property Group · Welltower
AI analysis
An AI analyst reads Realty Income's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 1,647 | 2,080 | 3,344 | 4,079 | 5,271 | 5,749 | |
| – | – | 3,117 | 3,762 | 4,893 | 5,321 | |
| – | – | 1,309 | 1,722 | 2,321 | 2,594 | |
| 1,398 | 1,614 | 2,979 | 3,617 | 4,328 | 4,786 | |
| 395 | 359 | 869 | 872 | 861 | 1,059 | |
| 1.14 | 0.87 | 1.42 | 1.26 | 0.98 | 1.17 | |
| – | – | 93.2% | 92.2% | 92.8% | 92.5% | |
| – | – | 39.1% | 42.2% | 44.0% | 45.1% | |
| 24.0% | 17.3% | 26.0% | 21.4% | 16.3% | 18.4% |
Balance sheet
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total assets | 20,740 | 43,138 | 49,673 | 57,779 | 68,835 | 72,796 |
| Cash | 824 | 259 | 171 | 233 | 445 | 435 |
| Total debt | – | – | 18,600 | 21,990 | 26,757 | 29,346 |
| Total liabilities | 9,723 | 18,008 | 20,830 | 24,672 | 29,783 | 32,672 |
| 10,985 | 25,053 | 28,713 | 32,941 | 38,841 | 39,439 | |
| 345 | 415 | 613 | 695 | 866 | 911 | |
| 5.2% | 2.3% | 2.2% | 2.5% | 2.3% | 2.6% | |
| 3.6% | 1.4% | 3.0% | 2.6% | 2.2% | 2.7% |
Cash flow
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 1,116 | 1,322 | 2,564 | 2,959 | 3,573 | 3,995 | |
| 9 | 19 | 96 | 69 | 121 | 132 | |
| 1,107 | 1,303 | 2,564 | 2,959 | 3,573 | 3,995 | |
| Dividends paid | 964 | 1,169 | 1,813 | 2,112 | 2,699 | 2,921 |
| – | – | 0 | 0 | 173 | 0 | |
| 17 | 42 | 22 | 26 | 57 | 31 |
Valuation
- 53.4×
- 35.6×
- 102.50
- 1.4×
- 9.8×
- 14.1×
- 17.8×
- 7.1%
- 1.9%
- 5.3%
Profitability
- 92.5%
- 45.1%
- 18.4%
- 71.3%
- 2.7%
- 2.5%
- 2.9%
- 1.5%
- 2.3%
- –
Growth
- +28.4%
- +0.5%
- +15.7%
- +5.1%
- +14.1%
Financial health
- 6.0×
- 0.74
- 41.7%
- 2.0×
- 1.42
- –
- 0.08
How it ranks in Real Estate
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 26%of 744
Top 45%of 750
Bottom 11%of 665
Top 11%of 760
Top 39%of 761
What analysts expect
- Average price target
- $65.25
- Range
- $60.00 – $69.00
- 4 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 6, 2026 | 0.33 | 0.40 | −18.0% |
| Feb 24, 2026 | 0.32 | 0.38 | −16.6% |
| Nov 3, 2025 | 0.35 | 0.40 | −14.7% |
| Aug 4, 2025 | 0.22 | 0.40 | −45.3% |
| May 5, 2025 | 0.28 | 0.36 | −22.2% |
| Feb 24, 2025 | 0.23 | 0.38 | −39.5% |
| Nov 4, 2024 | 0.30 | 0.36 | −16.7% |
| Aug 5, 2024 | 0.29 | 0.36 | −19.4% |
5.3%of the share price, paid each year
On $1,000 invested$53a year at today's yield, before tax
+5.1%2020 to 2025
Raised1 yearin a row, in our data
Paid per share, each year
$2.21 in 2015 → $3.49 in 2025
How safe it looks
275.9% of its profit
Room to growStretchedMore than it earns: 73.1%
News
New England Realty Associates Limited Partnership declares $0.40 dividendSeeking Alpha · Nov 9, 2026Federal Realty signals $7.54-$7.58 core FFO per share guidance while integrating $508M The Summit acquisitionSeeking Alpha · Oct 30, 2026Arbor Realty Trust, Inc. Q3 2026 Earnings Call SummaryYahoo Finance · Oct 30, 2026Kimco Realty Corporation Q3 2026 Earnings Call SummaryYahoo Finance · Oct 29, 2026Realty Income Pays You 12 Times a Year. Here's What a $30,000 Investment Deposits Each Month.Yahoo Finance · Oct 26, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
4/7Passes 4 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
59No pass
Benjamin Graham
54No pass
Philip Fisher
75Pass
Peter Lynch
70Pass
Joel Greenblatt
61Pass
Charlie Munger
71Pass
Terry Smith
58No pass
Questions about Realty Income
Is Realty Income a good stock to buy?
A business with weak numbers, but the price is high. 4 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Realty Income AI analysis
What does Realty Income do?
Realty Income Corporation, an S&P 500 company, is real estate partner to the world's leading companies. Founded in 1969, they serve their clients as a full-service real estate capital provider. It is in REIT - Retail, based in San Diego, CA, United States, with 544 employees.
Does Realty Income pay a dividend?
Yes. At today's price the dividend is 5.3% a year, about 276% of its yearly profit. In 2025 it paid out $2.92 billion in dividends.
Is Realty Income stock halal?
No. Realty Income does not pass our halal screen: its debt is 52% of its market value, at or above the 33% limit. How we check
How has Realty Income stock done over the past year?
Up 4.1% over the past twelve months, to $59.26. It traded between $53.35 and $67.56 and is 12.3% below its high.
Who are Realty Income's competitors?
The largest listed companies in the same industry are Simon Property Group, Kimco Realty, Unibail-Rodamco-Westfield and CapitaLand Integrated Commercial. The peers table on this page compares their profit, growth and price with Realty Income's.
Prices: daily closes to Nov 12, 2026. Fundamentals: company reports via invest-like data.