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Realty Income Corporation
Realty Income Corporation, an S&P 500 company, is real estate partner to the world's leading companies. Founded in 1969, we serve our clients as a full-service real estate capital provider. As of June 30, 2026, we have a portfolio of over 15,500 properties in all 50 U.S. states, the U.K., and eight other countries in Europe. We are known as "The Monthly Dividend Company" and have a mission to invest in people and places to deliver dependable monthly dividends that increase over time. Since our founding, we have declared 674 consecutive monthly dividends and are a member of the S&P 500 Dividend Aristocrats index for having increased our dividend for over 31 consecutive years. Realty Income Corporation was founded in 1969 and was incorporated in Maryland.
O · ANNUAL FINANCIALS
Key Financial Metrics
As of 2025 · YoY change where prior-year period is available · USD millions for revenue, net income, market cap, assets, and liabilities · EPS in USD · shares outstanding and P/E as reported
Revenue
$5.7B
+9.1% YoY
Net Income
$1.1B
+23.0% YoY
Market Cap
$57.4B
0.0% YoY
Total Assets
$72.8B
+5.8% YoY
Total Liabilities
$32.7B
+9.7% YoY
Shares Outstanding
934.0M
+4.8% YoY
Earnings Per Share
$1.2
+19.4% YoY
P/E Ratio
0.0
—
O · ANNUAL FINANCIALS
Revenue & Earnings
Annual · 2021 – 2025 · Values in USD millions
- Net Income
- Revenue
- Expenses
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Market Cap & Total Assets
Annual · 2021 – 2025 · Values in USD millions
- Market Cap
- Total Assets
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Profitability
Annual · 2021 – 2025 · EPS in USD · P/E ratio (dimensionless)
- EPS
- P/E ratio
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Financial History
Annual · 2021 – 2025 · Values in USD millions · Changes · YoY
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $0.00— | $3.34B— | $4.08B+22.0% | $5.27B+29.2% | $5.75B+9.1% |
| Total expenses | -— | $2.04B— | $2.36B+15.8% | $2.95B+25.2% | $3.16B+7.0% |
| Net income | $0.00— | $869.41M— | $872.31M+0.3% | $860.77M-1.3% | $1.06B+23.0% |
| Total assets | $0.00— | $49.67B— | $57.78B+16.3% | $68.84B+19.1% | $72.80B+5.8% |
| Total liabilities | $0.00— | $20.83B— | $24.67B+18.4% | $29.78B+20.7% | $32.67B+9.7% |
| Market cap | $57.41B— | $57.41B0.0% | $57.41B0.0% | $57.41B0.0% | $57.41B0.0% |
| Shares outstanding | -— | 660.30M— | 752.46M+14.0% | 891.51M+18.5% | 933.98M+4.8% |
| EPS | -— | $1.42— | $1.26-11.3% | $0.98-22.2% | $1.17+19.4% |
| P/E ratio | 0.00— | 0.00— | 0.00— | 0.00— | 0.00— |