What is Realty Income's secured debt?

Realty Income (O) reported secured debt of $37.42M in Q1 2026.

How has Realty Income's secured debt changed year-over-year?

Realty Income's secured debt decreased by 12.2% year-over-year, from $42.61M to $37.42M.

What is the long-term trend for Realty Income's secured debt?

Over 5 years (2020 to 2025), Realty Income's secured debt has grown at a -33.9% compound annual growth rate (CAGR), from $300.36M to $37.76M.

What does secured debt mean?

Debt that is backed by specific assets the company owns.

Discontinued — last reported Q1 '25

Non-Current Liabilities

Secured Debt

Realty Income Secured Debt decreased by 0.9% to $37.42M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 12.2%, from $42.61M to $37.42M. Over 5 years (FY 2020 to FY 2025), Secured Debt shows a downward trend with a -33.9% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement

SectionNon-Current Liabilities

CategoryLeverage

SignalLower is better

VolatilityStable

First reportedQ4 2018

Last reportedQ1 2025

How to read this metric

Higher levels of secured debt may indicate limited access to unsecured credit markets or a strategy to lower interest costs by pledging collateral.

Detailed definition

This refers to debt obligations backed by specific company assets pledged as collateral. In the event of default, credit...

Peer comparison

Commonly used by industrial companies to finance heavy equipment or large-scale infrastructure projects.

Metric ID: secured_debt

Historical Data

20 periods

	Q2 '21	Q3 '21	Q4 '21	Q1 '22	Q2 '22	Q3 '22	Q4 '22	Q1 '23	Q2 '23	Q3 '23	Q4 '23	Q1 '24	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26
Value	$300.57M	$285.62M	$1.14B	$1.09B	$947.11M	$855.36M	$853.93M	$850.58M	$841.69M	$824.24M	$821.59M	$200.08M	$199.03M	$197.52M	$80.78M	$42.61M	$38.43M	$38.09M	$37.76M	$37.42M
QoQ Change	—	-5.0%	+299.8%	-4.2%	-13.4%	-9.7%	-0.2%	-0.4%	-1.0%	-2.1%	-0.3%	-75.6%	-0.5%	-0.8%	-59.1%	-47.3%	-9.8%	-0.9%	-0.9%	-0.9%
YoY Change	—	—	—	—	+215.1%	+199.5%	-25.2%	-22.2%	-11.1%	-3.6%	-3.8%	-76.5%	-76.4%	-76.0%	-90.2%	-78.7%	-80.7%	-80.7%	-53.3%	-12.2%

Range$37.42M – $1.14B

CAGR-35.5%

Avg YoY Growth-17.3%

Median YoY Growth-39.2%

Current Streak17 quarters decline

Secured Debt at Other Companies

Deere & CompanyDE View metric

Frequently Asked Questions

What is Realty Income's secured debt?: Realty Income (O) reported secured debt of $37.42M in Q1 2026.
How has Realty Income's secured debt changed year-over-year?: Realty Income's secured debt decreased by 12.2% year-over-year, from $42.61M to $37.42M.
What is the long-term trend for Realty Income's secured debt?: Over 5 years (2020 to 2025), Realty Income's secured debt has grown at a -33.9% compound annual growth rate (CAGR), from $300.36M to $37.76M.
What does secured debt mean?: Debt that is backed by specific assets the company owns.