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Realty Income

Fundamental data last updated:March 30, 2026

company profile

SECTOR

Real Estate

industry

REIT - Retail

Exchange

NYSE

County of HQ

United States

Next Earnings Date

05/04/26

Business Summary

Realty Income is a retail-focused real estate investment trust that owns and manages income-producing properties. The company generates revenue primarily through leasing commercial real estate assets to tenants under long-term agreements.

VALUATION

P/E

51.8

Market Cap ($M USD)

$56,590

Forward P/E

34.6

PEG

-

PRICE TO SALES

9.6

PRICE TO BOOK

1.4

EV / EBITDA

17.9

5-Year Average P/E

DIVIDEND

Yield

5.30%

Annual Payout

$3.23

Payout Ratio

275.50%

Consecutive Years of Dividend Growth

1

5-Year Dividend Growth Rate

2.90%

Financial Health & Profitability

Earnings Per Share

$1.17

Next Year EPS Growth Estimate

$1.76

Next Year Revenue Growth Estimate

8.00%

Return on Equity (ROE)

2.70%

Operating Margin

45.10%

Debt-to-Equity

0.7

Piotroski F-Score

5

Altman Z-Score

1.1

Return on Invested Capital (ROIC)

3.10%%

Current Ratio

1.4

Quick Ratio

Gainseekers Quantitative Analysis

Summary

Realty Income is a NYSE-listed retail REIT with a market capitalization of $56,590 million and a Price/Earnings ratio of 51.8 alongside a Forward P/E of 34.6. The company trades at a Price/Sales ratio of 9.6 and a Price/Book ratio of 1.4, with Return on Equity of 8.00% and an Operating Margin of 2.70%. It offers a dividend per share of 5.30% with a payout ratio of $3.23, institutional ownership of $67.47%, and has its next earnings report scheduled for 05/04/26.

AI Exposure / Tech Reliance

As a retail-focused REIT, the business model is primarily asset-based and does not appear highly reliant on artificial intelligence or advanced technology platforms. Its performance is more closely tied to real estate operations and capital markets conditions than to AI-driven innovation.

The Bull Case

The company’s Forward P/E of 34.6 compared to its trailing P/E of 51.8 may suggest expectations for improved earnings ahead, supported by estimated EPS next year of $1.17. A dividend yield of 5.30% and institutional ownership of $67.47% could indicate income appeal and continued support from large investors.

The Bear Case

A high trailing P/E of 51.8 combined with a relatively low operating margin of 2.70% may point to valuation pressure if earnings growth does not materialize. Additionally, a Debt/Equity ratio of 45.10% and a short float of 2.90% reflect leverage and some level of bearish positioning that could weigh on sentiment.

Market Sentiment & Smart Money

Short Interest %

3.50%

Analyst Consensus

2.63

Average Analyst Price Target

$67.47

Institutional Ownership %

80.00%

1-Year Beta

0.18

Insider Buying % (6 Mo)

0.10%%

Distance to 52-Week High

89.30%%

Distance to 52-Week Low

119.70%%