Discontinued — last reported Q4 '25

Operating Expenses

D&A

Realty Income D&A decreased by 0.8% to $630.28M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 3.5%, from $608.94M to $630.28M. Over 4 years (FY 2021 to FY 2025), D&A shows an upward trend with a 29.5% CAGR.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ1 2015
Last reportedQ4 2025

How to read this metric

Higher levels often indicate significant recent capital investment or large historical acquisitions, while lower levels may suggest aging assets.

Detailed definition

Depreciation and amortization represent the systematic allocation of the cost of tangible and intangible assets over the...

Peer comparison

High in capital-intensive industries like healthcare and manufacturing; peers often report this as a significant non-cash drag on earnings.

Metric ID: is_depreciation_and_amortization

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$187.79M$198.83M$333.23M$403.76M$409.44M$419.02M$438.17M$451.48M$472.28M$495.57M$475.86M$581.06M$605.57M$602.34M$606.67M$608.94M$647.85M$631.98M$635.44M$630.28M
QoQ Change+5.9%+67.6%+21.2%+1.4%+2.3%+4.6%+3.0%+4.6%+4.9%-4.0%+22.1%+4.2%-0.5%+0.7%+0.4%+6.4%-2.4%+0.5%-0.8%
YoY Change+118.0%+110.7%+31.5%+11.8%+15.3%+18.3%+8.6%+28.7%+28.2%+21.5%+27.5%+4.8%+7.0%+4.9%+4.7%+3.5%
Range$187.79M$647.85M
CAGR+29.0%
Avg YoY Growth+27.8%
Median YoY Growth+16.8%

Frequently Asked Questions

What is Realty Income's d&a?
Realty Income (O) reported d&a of $630.28M in Q1 2026.
How has Realty Income's d&a changed year-over-year?
Realty Income's d&a increased by 3.5% year-over-year, from $608.94M to $630.28M.
What is the long-term trend for Realty Income's d&a?
Over 4 years (2021 to 2025), Realty Income's d&a has grown at a 29.5% compound annual growth rate (CAGR), from $897.84M to $2.52B.
What does d&a mean?
The non-cash expense that spreads the cost of physical and intangible assets over their useful life.