Realty Income Corporation (O) — Financial statements
Income statement, balance sheet, and cash flow for Realty Income Corporation — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 5,749↑9.1% | 5,271↑29.2% | 4,079↑22.0% | 3,344↑60.7% | 2,080 | |
| Cost of Revenue | 586↑55.3% | 378↑19.2% | 317↑40.0% | 226↑69.4% | 134 | |
| Gross Profit | 5,163↑5.5% | 4,893↑30.1% | 3,762↑20.7% | 3,117↑60.1% | 1,947 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 253↑43.0% | 177↑22.4% | 145↑4.4% | 138↑42.8% | 97 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 253↑43.0% | 177↑22.4% | 145↑4.4% | 138↑42.8% | 97 | |
| Other Expenses | 3,283↑37.0% | 2,396↑26.4% | 1,895↑13.5% | 1,670↑86.0% | 898 | |
| Operating Expenses | 3,536↑37.4% | 2,573↑26.1% | 2,040↑12.8% | 1,809↑81.8% | 995 | |
| Total Costs & Expenses | 4,122↑39.7% | 2,950↑25.2% | 2,357↑15.8% | 2,035↑80.4% | 1,128 | |
| Operating Results | ||||||
| Operating Income | 1,627↓29.9% | 2,321↑34.8% | 1,722↑31.6% | 1,309↑37.4% | 952 | |
| Depreciation & Amortization | 2,472↑3.2% | 2,396↑26.4% | 1,895↑13.5% | 1,670↑86.0% | 898 | |
| EBITDA | 3,551↓18.0% | 4,328↑20.1% | 3,603↑21.0% | 2,979↑61.0% | 1,850 | |
| EBIT | 1,079↓44.2% | 1,932↑13.1% | 1,708↑30.5% | 1,309↑37.4% | 952 | |
| Interest & Other Income | ||||||
| Net Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Non-Operating Income | 548↑41.0% | 389↑2612.6% | 14 | 0.00 | 0.00 | |
| Other Income / Expenses | -548↑60.5% | -1,387↓74.8% | -793↓103.0% | -391↑30.2% | -560 | |
| Income Before Tax | 1,079↑15.5% | 934↑0.5% | 929↑1.2% | 918↑133.8% | 392 | |
| Income Tax Expense | 20↓70.0% | 67↑28.0% | 52↑15.1% | 45↑42.7% | 32 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 1,059↑22.1% | 867↓1.1% | 877↑0.5% | 872↑141.8% | 361 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 1,059↑23.0% | 861↓1.3% | 872↑0.3% | 869↑141.9% | 359 | |
| Bottom-Line Net Income | 1,059↑24.9% | 848↓2.8% | 872↑0.3% | 869↑141.9% | 359 | |
| EPS (Basic) | 1.17↑19.4% | 0.98↓22.2% | 1.26↓11.3% | 1.42↑63.2% | 0.87 | |
| EPS (Diluted) | 1.17↑19.4% | 0.98↓22.2% | 1.26↓11.3% | 1.42↑63.2% | 0.87 | |
| Weighted Average Shares | 905↑3.6% | 873↑26.1% | 692↑13.2% | 612↑47.6% | 415 | |
| Weighted Average Diluted Shares | 905↑3.2% | 877↑26.5% | 693↑13.2% | 612↑47.6% | 415 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.