What is Realty Income's packaging — accumulated depreciation?

Realty Income (O) reported packaging — accumulated depreciation of $75.25M in Q4 2025.

What does packaging — accumulated depreciation mean?

This metric represents the total amount of depreciation expense recorded against the real estate assets in the packaging segment since their acquisition. It reflects the cumulative wear and tear or aging of the physical structures. A high ratio of accumulated depreciation to gross investment may indicate an aging portfolio that requires future capital reinvestment.

Realty Income (O) Packaging — 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—

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—

Education

$21.37M—

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
Jewelry	5	—	5,367	58,688	—	—	5,367	58,688	64,055	12,158	2008	11/1/2021
Machinery	4	—	6,577	69,225	1,991	—	6,577	71,216	77,793	13,105	2021	3/22/2023
Motor Vehicle Dealerships	91	—	317,912	574,325	1,976	—	317,912	576,301	894,213	136,618	2023	12/30/2025
Office Supplies	17	—	19,706	48,882	1,095	339	19,706	50,316	70,022	9,716	2014	1/23/2024
Oil & Gas	1	—	754	436	—	—	754	436	1,190	34	1993	1/23/2024
Other Manufacturing	45	—	69,439	431,192	3,442	240	69,439	434,874	504,313	46,547	2024	10/17/2025
Packaging	36	—	74,715	422,977	4,505	—	74,715	427,482	502,197	75,250	2016	9/29/2025
Paper	2	—	2,462	11,935	45	—	2,462	11,980	14,442	5,964	2006	12/21/2012

Item 16: Form 10-K Summary

FAQ

What is Realty Income's packaging — accumulated depreciation?: Realty Income (O) reported packaging — accumulated depreciation of $75.25M in Q4 2025.
What does packaging — accumulated depreciation mean?: This metric represents the total amount of depreciation expense recorded against the real estate assets in the packaging segment since their acquisition. It reflects the cumulative wear and tear or aging of the physical structures. A high ratio of accumulated depreciation to gross investment may indicate an aging portfolio that requires future capital reinvestment.