Discontinued — last reported Q4 '25

Non-Current Assets

Buildings and improvements

Realty Income Buildings and improvements increased by 1.5% to $44.46B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 6.6%, from $41.69B to $44.46B. Over 5 years (FY 2020 to FY 2025), Buildings and improvements shows an upward trend with a 24.4% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ4 2025
Parent metricPP&E (Net)

How to read this metric

Increases indicate ongoing investment in physical capacity, while decreases reflect depreciation or the divestiture of facilities.

Detailed definition

The book value of buildings and leasehold improvements used for operations. This reflects the company's investment in it...

Peer comparison

Benchmark against peers based on the capital intensity of their manufacturing and R&D footprint.

Metric ID: ppe_buildings

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$15.70B$16.37B$25.16B$25.65B$26.10B$26.98B$29.71B$30.80B$32.65B$33.61B$34.66B$39.67B$39.90B$40.61B$40.97B$41.69B$42.69B$42.92B$43.82B$44.46B
QoQ Change+4.3%+53.6%+2.0%+1.8%+3.4%+10.1%+3.7%+6.0%+2.9%+3.1%+14.5%+0.6%+1.8%+0.9%+1.8%+2.4%+0.5%+2.1%+1.5%
YoY Change+66.2%+64.8%+18.1%+20.1%+25.1%+24.6%+16.7%+28.8%+22.2%+20.8%+18.2%+5.1%+7.0%+5.7%+7.0%+6.6%
Range$15.70B$44.46B
CAGR+24.5%
Avg YoY Growth+22.3%
Median YoY Growth+19.2%
Current Streak19+ quarters growth

Frequently Asked Questions

What is Realty Income's buildings and improvements?
Realty Income (O) reported buildings and improvements of $44.46B in Q1 2026.
How has Realty Income's buildings and improvements changed year-over-year?
Realty Income's buildings and improvements increased by 6.6% year-over-year, from $41.69B to $44.46B.
What is the long-term trend for Realty Income's buildings and improvements?
Over 5 years (2020 to 2025), Realty Income's buildings and improvements has grown at a 24.4% compound annual growth rate (CAGR), from $14.70B to $43.82B.
What does buildings and improvements mean?
The value of the company's buildings and facility improvements.