What is Realty Income's education — accumulated depreciation?

Realty Income (O) reported education — accumulated depreciation of $21.37M in Q4 2025.

What does education — accumulated depreciation mean?

This metric reflects the total amount of depreciation expense recognized against the buildings and improvements in the education segment since their acquisition. It serves as a contra-asset account that reduces the net book value of the properties over time. A high ratio of accumulated depreciation to gross cost may indicate an aging portfolio that requires future capital reinvestment.

Realty Income (O) Education — Accumulated Depreciation

Screener

Other product segments

Convenience Store

$833.91M—

Grocery

$797.39M—

Dollar Stores

$740.4M—

Drug Stores

$621.26M—

Health and Fitness

$502.45M—

Restaurants-Quick Service

$476.15M—

Home Improvement

$416.6M—

Restaurants-Casual

$360.16M—

Theaters

$338.74M—

Transportation Services

$338.32M—

General Merchandise

$306.9M—

Wholesale Club

$262.2M—

Automotive Services

$259.89M—

Health Care

$218.63M—

Automotive Tire Services

$175.34M—

Apparel

$164.19M—

Automotive Parts

$156.05M—

Child Care

$152.83M—

Sporting Goods

$143.4M—

Motor Vehicle Dealerships

$140.98M—

Financial Services

$128.63M—

Home Furnishings

$125.89M—

Gaming

$112.53M—

Automotive Collision Service

$108.82M—

Pet Supplies and Services

$88.51M—

Diversified Industrial

$82.86M—

Crafts and Novelties

$80.62M—

Beverage

$76.43M—

Packaging

$75.25M—

Entertainment

$70.7M—

Aerospace

$64.18M—

Food Processing

$58.31M—

Other Manufacturing

$53.72M—

Consumer Goods

$43.52M—

Consumer Electronics

$40.65M—

Equipment Services

$26.68M—

Other

$20.3M—

Shoe Stores

$17.06M—

Energy

$14.49M—

Machinery

$13.38M—

Warehousing and Storage

$12.16M—

Jewelry

$12.16M—

Health and Beauty

$11.45M—

Advertising

$9.8M—

Office Supplies

$9.72M—

Paper

$5.96M—

Telecommunications

$3.79M—

Consumer Appliances

$1.64M—

Insurance

$364K—

Oil & Gas

$34K—

Similar metrics at other companies

EGPCALIFORNIA — Accumulated Depreciation

$16.74M+7.1%

EGPCOLORADO — Accumulated Depreciation

$8.52M+16.9%

EGPFLORIDA — Accumulated Depreciation

$18.82M+5.2%

EGPGEORGIA — Accumulated Depreciation

$5.74M+11.2%

EGPLOUISIANA — Accumulated Depreciation

$22.36M+5.1%

EGPMISSISSIPPI — Accumulated Depreciation

$7.54M+4.2%

Other financials

Income statement

See full

Revenue$1.5B+9.7%

Net income$370.5M+86.2%

EPS (diluted)$0.37+68.2%

Balance sheet

See full

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

See full

Operating cash flow$1.1B+8.0%

CapEx$57.2M+118%

Free cash flow$1.1B+5.2%

Valuation

See full

Market cap$58.56B+11.6%

Enterprise value$58.54B+12.2%

P/E44.9×-12.1×

P/S9.7×+0.1×

Profitability

See full

Net margin21.5%+4.7pp

FCF margin66.1%+1.2pp

Returns & leverage

See full

Return on equity3.3%+0.9pp

Debt / equity0×0.0×

Where this comes from

Reported directly by Realty Income in its filing.

Tagged under the XBRL concept us-gaap:RealEstateAccumulatedDepreciation.

The source filing: Realty Income’s 10-K, filed February 25, 2026.

Filed: Feb 24, 2026, 7:00 PM EST
Fiscal year: FY2025
Accession: 0000726728-26-000011

Description	Number of Properties (Note 1)	Encumbrances (Note 2)	Initial Cost to Company / Land	Initial Cost to Company / Buildings, Improvements and Acquisition Fees	Cost Capitalized Subsequent to Acquisition / Improvements	Cost Capitalized Subsequent to Acquisition / Carrying Costs	Gross Amount at Which Carried at Close of Period (Notes 3, 4 and 6) / Land	Gross Amount at Which Carried at Close of Period (Notes 3, 4 and 6) / Buildings, Improvements and Acquisition Fees	Gross Amount at Which Carried at Close of Period (Notes 3, 4 and 6) / Total	Accumulated Depreciation (Note 5)	Date of Construction	Date Acquired
Diversified Industrial	60	—	125,614	598,613	18,012	—	125,614	616,625	742,239	76,846	2022	9/30/2024
Dollar Stores	3,124	—	970,577	2,840,196	(7,673)	9	970,577	2,832,532	3,803,109	740,402	2025	12/30/2025
Drug Stores	591	—	766,129	2,063,771	3,428	100	766,129	2,067,299	2,833,428	621,264	2015	9/30/2024
Education	18	—	28,586	67,565	1,392	62	28,586	69,019	97,605	21,372	2024	11/22/2022
Energy	51	—	45,102	172,020	1,235	—	45,102	173,255	218,357	13,211	2023	1/23/2024
Entertainment	80	—	225,997	640,551	59,932	—	225,997	700,483	926,480	64,689	2024	1/23/2024
Equipment Services	47	—	40,924	132,476	3,402	—	40,924	135,878	176,802	26,679	2022	1/23/2024
Financial Services	331	—	161,596	422,256	543	97	161,596	422,896	584,492	127,779	2015	1/23/2024

Item 16: Form 10-K Summary

FAQ

What is Realty Income's education — accumulated depreciation?: Realty Income (O) reported education — accumulated depreciation of $21.37M in Q4 2025.
What does education — accumulated depreciation mean?: This metric reflects the total amount of depreciation expense recognized against the buildings and improvements in the education segment since their acquisition. It serves as a contra-asset account that reduces the net book value of the properties over time. A high ratio of accumulated depreciation to gross cost may indicate an aging portfolio that requires future capital reinvestment.