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Realty Income O Acquisitions

Acquisitions at other companies

CTO Realty Growth logo
CTO Realty GrowthCTO
$81.75M+2.2%

Other financials

Income statement

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Revenue$1.5B+9.7%
Net income$370.5M+86.2%
EPS (diluted)$0.37+68.2%

Balance sheet

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Cash & equivalents$552.6M-31.0%
Total debt$528.5M+1.2%
Total equity$39.5B+1.0%
Total assets$76.4B+7.0%

Cash flow

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Operating cash flow$1.1B+8.0%
CapEx$57.2M+118%
Free cash flow$1.1B+5.2%

Valuation

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Market cap$59.01B+14.8%
Enterprise value$58.98B+15.4%
P/E45.3×-10.6×
P/S9.7×+0.3×

Profitability

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Net margin21.5%+4.7pp
FCF margin66.1%+1.2pp

Returns & leverage

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Return on equity3.3%+0.9pp
Debt / equity0.0×

Where this comes from

Reported directly by Realty Income in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquireBusinessesNetOfCashAcquired.

The source filing: Realty Income’s 10-Q, filed May 7, 2024.

Filed
May 7, 2024
Fiscal quarter
Q1 FY2024
Calendar quarter
Q1 2024
Accession
0000726728-24-000077
Line itemThree months ended March 31, 2024Three months ended March 31, 2023
Proceeds from note receivable5,468
Insurance proceeds received166,282
Non-refundable escrow deposits(23,599)
Net cash acquired in merger93,683
Net cash used in investing activities(388,810)(1,677,719)
CASH FLOWS FROM FINANCING ACTIVITIES
Cash distributions to common stockholders(636,499)(497,245)
Cash distributions to preferred stockholders(2,588)

Item 1. Financial Statements (Unaudited)

FAQ

What is Realty Income's acquisitions?
Realty Income (O) reported acquisitions of -$93.68M in Q1 2024.
What does acquisitions mean?
Cash paid for business acquisitions net of cash acquired in the target company — the primary M&A cash flow line.

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