Realty Income
Realty Income Corporation is a leading real estate investment trust (REIT) dedicated to providing shareholders with dependable monthly dividends. The company acquires and manages a large-scale portfolio of single-tenant commercial properties under long-term, net lease agreements with high-quality corporate clients. Its core value proposition centers on generating stable cash flow from a diversified real estate portfolio to support a consistent dividend payout.
Financials
Based on Q1 2026 filing
Revenue
View metricGross Profit
View metricNet Income
View metricOperating Cash Flow
View metricFree Cash Flow
View metricEPS (Diluted)
View metricBusiness Segments
Rental Operations
primaryThe primary business activity involving the leasing of commercial real estate properties to clients under long-term agreements. Revenue is generated through base rent, contractual rent increases, and occasionally percentage-based rent tied to client sales.
Single-tenant net leases, Sale-leaseback transactions, Same store rental properties
Retailers, Industrial operators, Data center operators
Financing and Investment Services
moderateActivities focused on providing capital solutions and earning interest through various financial instruments. This includes interest income from financing receivables, loans, and preferred equity investments.
Financing receivables, Preferred equity investments, Commercial loans
Corporate clients, Real estate developers
Segment Financials
Retail — Rental (including reimbursements)
View metricIndustrial — Rental (including reimbursements)
View metricOther — Rental (including reimbursable)
View metricFinancial Services — SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate, Gross
View metricFinancial Services — SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Cost Capitalized Subsequent to Acquisition, Improvements
View metricFinancial Services — Buildings, Improvements and Acquisition Fees
View metricBusiness Overview
Competitive Position
A dominant global REIT known for its 'Monthly Dividend Company' brand and a massive, diversified portfolio of over 15,000 properties.
Geographies
United States, United Kingdom, Europe
Customer Segments
Enterprise retail, Logistics and distribution, Technology infrastructure
Upstream Dependencies
Capital markets for debt and equity, Commercial real estate brokers, Construction and development firms
Downstream Customers
National and regional retail chains, Industrial logistics providers, Data center tenants
Competitors & Partners
Competitors
Realty Income FAQ
Common questions about Realty Income
Realty Income Corporation is a leading real estate investment trust (REIT) dedicated to providing shareholders with dependable monthly dividends. The company acquires and manages a large-scale portfolio of single-tenant commercial properties under long-term, net lease agreements with high-quality corporate clients. Its core value proposition centers on generating stable cash flow from a diversified real estate portfolio to support a consistent dividend payout.
Realty Income (O) has a market capitalization of $57.7B and trades on NYSE.
Realty Income generated $5.9B in trailing twelve-month revenue with net income of $1.1B, representing a net margin of 19.1%, with free cash flow of $3.9B. These figures are based on the Q1 2026 filing.
Realty Income's key competitors include W. P. Carey Inc., Agree Realty Corporation, NNN REIT, Inc., and others. These companies compete in similar markets and product categories.
Realty Income has approximately 418 employees.