Realty Income (O)
Real Estate · Commercial net lease REIT
Monthly-dividend-paying REIT owning over 15,500 freestanding commercial properties under long-term net leases across the U.S. and Europe.
What Realty Income does
Realty Income is a real estate investment trust that acquires, owns, and actively manages a diversified portfolio of freestanding commercial properties leased under long-term net lease agreements to creditworthy operators. Properties are located across all 50 U.S. states, the United Kingdom, and eight other European countries. Under net lease structures, tenants bear responsibility for property-level operating expenses while Realty Income receives contractually defined rental payments with embedded escalations. The company finances its operations through debt, equity, and retained cash flow, supporting its signature monthly dividend with 133 consecutive years of increases.
Themes: ["Monthly dividend income"]
Fundamentals
- Price$63.17 as of 2026-07-09 close
- Market cap$59.1B as of 2026-07-10
- 1-year return+11.0% as of 2026-07-09 close
- P/E52.78 as of 2026-07-10
- Net margin+18.9% as of 2026-07-10
- Gross margin+92.6% as of 2026-07-10
- ROE+2.9% as of 2026-07-10
- Debt / equity0.76 as of 2026-07-10
- Revenue growth (YoY)+9.8% as of 2026-07-10
- Revenue CAGR (3y)+19.8% SEC XBRL
- Beta0.72 as of 2026-07-10
Dividend: yield +5.1%; 5-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Competition from other REITs and real estate investors in acquiring and operating commercial properties, which may drive up acquisition costs."]
Competitors & peers
- STORE Capital
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.