Realty Income
$54.13Change from previous close: +1.12%Absolute change: +$0.60
At a glance
- Revenue growth
- +9.07%
- 2025 vs 2024
- Net income growth
- +22.98%
- 2025 vs 2024
- Net margin
- 18.4%
- 2024: 16.3%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total revenue | 5,749 | 5,271 | 4,079 | 3,344 | — |
| Cost of revenue | 429 | 378 | 317 | 226 | — |
| Gross profit | 5,321 | 4,893 | 3,762 | 3,117 | — |
| Selling, general and administrative | 203 | 177 | 145 | 138 | — |
| Operating income | 2,594 | 2,321 | 1,722 | 1,309 | — |
| EBIT | 2,262 | 1,932 | 1,722 | 1,309 | — |
| EBITDA | 4,786 | 4,328 | 3,617 | 2,979 | — |
| Interest expense | 1,106 | 998 | 779 | 445 | — |
| Pre-tax income | 1,155 | 934 | 929 | 918 | — |
| Income tax | 85.3 | 66.6 | 52.0 | 45.2 | — |
| Net income | 1,059 | 861 | 872 | 869 | — |
| Net income to common shareholders | 1,059 | 848 | 872 | 869 | — |
| Basic EPS | 1.17 | 0.98 | 1.26 | 1.42 | — |
| Diluted EPS | 1.17 | 0.98 | 1.26 | 1.42 | — |
| Average shares (basic) | 907 | 692 | 692 | 612 | — |
| Average shares (diluted) | 911 | 866 | 695 | 613 | — |