Realty Income Corporation

As of June 30, 2026, Realty Income Corporation carries a market capitalization of 51.71B, placing it among publicly traded companies globally. Its enterprise value stands at 80.61B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Realty Income Corporation's next confirmed earnings release is scheduled for November 2, 2026.

As of June 30, 2026, Realty Income Corporation has 946.20M shares outstanding.

As of June 30, 2026, Realty Income Corporation trades at a trailing price-to-earnings ratio of 45.54. The price-to-sales ratio is 9.67, and the price-to-book ratio stands at 1.49.

As of June 30, 2026, Realty Income Corporation trades at an EV/EBITDA multiple of 18.94 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 15.42 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 39.70 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. Realty Income Corporation trades at an EV/FCF ratio of 17.58, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 80.61B versus a market cap of 51.71B, with the gap driven by net debt and cash on the balance sheet.

As of June 30, 2026, Realty Income Corporation maintains a current ratio of 0.49, meaning it holds 0.5x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 74.36, indicating elevated leverage, while an interest coverage ratio of 4.22 demonstrates adequate ability to service its debt obligations.

Over the twelve months ended June 30, 2026, Realty Income Corporation posted a return on equity (ROE) of 3.22, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 3.04 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 1.71, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 3.25, useful for judging operating efficiency across full business cycles. The company generates approximately 9.95M in revenue per employee across its workforce of 525.00, a quick read on workforce productivity versus industry peers.

Over the twelve months ended June 30, 2026, Realty Income Corporation recorded 85.45M in income tax expense. That works out to an effective tax rate of 6.93, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 1.23B, leaving 1.11B in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

As of the close on October 22, 2026, Realty Income Corporation's stock has declined approximately 3.04% over the past 52 weeks. The 50-day moving average sits at 50.99, while the 200-day moving average is 53.26.

Over the twelve months ended June 30, 2026, Realty Income Corporation generated 5.23B in revenue and converted that into 1.11B in net income, yielding earnings per share of 1.23. EBITDA reached 4.26B, while operating income came in at 2.39B.

As of June 30, 2026, Realty Income Corporation holds 483.73M in cash and equivalents against 27.29B in total debt, resulting in a net debt position of 26.35B. Total book value stands at 34.62B, with working capital of -1.95B providing operational flexibility.

Realty Income Corporation produced 3.65B in operating cash flow over the twelve months ended June 30, 2026.

Over the twelve months ended June 30, 2026, Realty Income Corporation posted a gross margin of 92.56, reflecting its pricing power and cost economics. The operating margin of 45.76 and net profit margin of 21.23 provide insight into operational efficiency.

Over the twelve months ended June 30, 2026, Realty Income Corporation paid dividends of 2.84 per share. The dividend payout ratio of 221.31 exceeds 100%, meaning the company is distributing more than it earns and funding the dividend from cash reserves, asset sales, or borrowing, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield stands at 7.18, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield is negative at -6.50, meaning Realty Income Corporation raised more capital through share issuance and new debt than it returned via dividends and buybacks.

Realty Income Corporation's most recent stock split took place on January 3, 2005 with a 1:2 split ratio.

As of June 30, 2026, Realty Income Corporation has an Altman Z-Score of 0.97, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.