O
Realty Income Corporation
NYSE · Real Estate · REIT - Retail · US
$61.25
−0.79%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 5.9B | 5.7B | 5.3B | 4.1B | 3.3B |
| Cost of Revenue | 1.9B | 586.4M | 377.7M | 317.0M | 226.3M |
| Gross Profit | 4.1B | 5.2B | 4.9B | 3.8B | 3.1B |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 276.1M | 253.0M | 176.9M | 144.5M | 138.5M |
| General & Admin Expense | 276.1M | 253.0M | 176.9M | 144.5M | 138.5M |
| Selling & Marketing Expense | — | — | — | — | — |
| Other Expenses | 2.1B | 3.3B | 2.4B | 1.9B | 1.7B |
| Total Operating Expenses | 2.3B | 3.5B | 2.6B | 2.0B | 1.8B |
| Cost and Expenses | 4.2B | 4.1B | 3.0B | 2.4B | 2.0B |
| Operating Income (EBIT) | 1.7B | 1.6B | 2.3B | 1.7B | 1.3B |
| Non-Operating | |||||
| Interest Income | 120.5M | — | — | — | — |
| Interest Expense | 1.2B | 1.1B | 1.0B | 737.6M | 464.5M |
| Net Interest Income | (1.1B) | (1.1B) | (1.0B) | (737.6M) | (464.5M) |
| Other Non-Op Income/Expense | (400.6M) | (548.5M) | (1.4B) | (793.4M) | (390.9M) |
| Non-Operating Income (excl Interest) | (194.5M) | 548.5M | 388.9M | 14.3M | 390.9M |
| EBT (Pre-Tax Income) | 1.3B | 1.1B | 933.9M | 928.9M | 917.6M |
| Income Tax Expense | 32.3M | 20.0M | 66.6M | 52.0M | 45.2M |
| Bottom Line | |||||
| Net Income | 1.3B | 1.1B | 860.8M | 872.3M | 869.4M |
| Earnings from Cont. Ops | 1.3B | 1.1B | 867.3M | 876.9M | 872.4M |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 1.3B | 1.1B | 847.9M | 872.3M | 869.4M |
| Per Share | |||||
| Basic EPS | $1.37 | $1.17 | $0.98 | $1.26 | $1.42 |
| Diluted EPS | $1.37 | $1.17 | $0.98 | $1.26 | $1.42 |
| Revenue Per Share | $6.37 | $6.35 | $6.04 | $5.89 | $5.47 |
| Shares | |||||
| Basic Shares Outstanding | 932.3M | 904.8M | 873.2M | 692.3M | 611.8M |
| Diluted Shares Outstanding | 934.7M | 904.8M | 876.8M | 693.0M | 612.2M |
| Profitability Metrics | |||||
| EBITDA | 4.4B | 3.6B | 4.3B | 3.6B | 2.6B |
| D&A | 2.5B | 2.5B | 2.4B | 1.9B | 1.7B |
| EBIT | 1.9B | 1.1B | 1.9B | 1.7B | 917.6M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026