CoreStock

Stock price

Market cap

At each fiscal year end, then the latest quarter end: closing price × shares outstanding.

Show table
Realty Income market cap, annual
PeriodMarket cap
FY2016, ended Dec 31, 2016$15.0B
FY2017, ended Dec 31, 2017$16.2B
FY2018, ended Dec 31, 2018$19.2B
FY2019, ended Dec 31, 2019$24.6B
FY2020, ended Dec 31, 2020$23.2B
FY2021, ended Dec 31, 2021$42.3B
FY2022, ended Dec 31, 2022$41.9B
FY2023, ended Dec 31, 2023$49.4B
FY2024, ended Dec 31, 2024$47.6B
FY2025, ended Dec 31, 2025$52.6B
Trailing 12 months to Jun 30, 2026 (through Q2 FY2026)$58.6B

Revenue

By fiscal year, then the trailing 12 months

Show table
Realty Income revenue, annual
PeriodRevenue
FY2016, ended Dec 31, 2016$1.10B
FY2017, ended Dec 31, 2017$1.22B
FY2018, ended Dec 31, 2018$1.33B
FY2019, ended Dec 31, 2019$1.49B
FY2020, ended Dec 31, 2020$1.65B
FY2021, ended Dec 31, 2021$2.08B
FY2022, ended Dec 31, 2022$3.34B
FY2023, ended Dec 31, 2023$4.08B
FY2024, ended Dec 31, 2024$5.27B
FY2025, ended Dec 31, 2025$5.75B
Trailing 12 months to Jun 30, 2026 (through Q2 FY2026)$6.05B

Net income and free cash flow

By fiscal year, then the trailing 12 months. Free cash flow is operating cash flow minus capex.

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Realty Income net income and free cash flow, annual
PeriodNet incomeFree cash flow
FY2016, ended Dec 31, 2016$316M$786M
FY2017, ended Dec 31, 2017$319M$861M
FY2018, ended Dec 31, 2018$364M$915M
FY2019, ended Dec 31, 2019$436M$1.05B
FY2020, ended Dec 31, 2020$395M$1.11B
FY2021, ended Dec 31, 2021$359M$1.30B
FY2022, ended Dec 31, 2022$869M$2.47B
FY2023, ended Dec 31, 2023$872M$2.89B
FY2024, ended Dec 31, 2024$861M$3.45B
FY2025, ended Dec 31, 2025$1.06B$3.86B
Trailing 12 months to Jun 30, 2026 (through Q2 FY2026)$1.27B$4.00B

Cash and cash equivalents

At each fiscal year end, then the latest quarter end.

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Realty Income cash and cash equivalents, annual
PeriodCash and cash equivalents
FY2016, ended Dec 31, 2016$9.42M
FY2017, ended Dec 31, 2017$6.90M
FY2018, ended Dec 31, 2018$10.4M
FY2019, ended Dec 31, 2019$54.0M
FY2020, ended Dec 31, 2020$824M
FY2021, ended Dec 31, 2021$259M
FY2022, ended Dec 31, 2022$171M
FY2023, ended Dec 31, 2023$233M
FY2024, ended Dec 31, 2024$445M
FY2025, ended Dec 31, 2025$435M
Trailing 12 months to Jun 30, 2026 (through Q2 FY2026)$553M

Total debt

At each fiscal year end, then the latest quarter end. Short- and long-term borrowings, excluding leases.

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Realty Income total debt, annual
PeriodTotal debt
FY2016, ended Dec 31, 2016$3.98B
FY2017, ended Dec 31, 2017—
FY2018, ended Dec 31, 2018—
FY2019, ended Dec 31, 2019—
FY2020, ended Dec 31, 2020$0
FY2021, ended Dec 31, 2021$901M
FY2022, ended Dec 31, 2022$702M
FY2023, ended Dec 31, 2023$764M
FY2024, ended Dec 31, 2024$67.3M
FY2025, ended Dec 31, 2025$517M
Trailing 12 months to Jun 30, 2026 (through Q2 FY2026)$1.40B

Shares outstanding

At each fiscal year end, then the latest quarter end, adjusted for splits. Up 264% since FY16.

Show table
Realty Income shares outstanding, annual
PeriodShares outstanding
FY2016, ended Dec 31, 2016260M
FY2017, ended Dec 31, 2017284M
FY2018, ended Dec 31, 2018304M
FY2019, ended Dec 31, 2019334M
FY2020, ended Dec 31, 2020373M
FY2021, ended Dec 31, 2021591M
FY2022, ended Dec 31, 2022661M
FY2023, ended Dec 31, 2023861M
FY2024, ended Dec 31, 2024892M
FY2025, ended Dec 31, 2025932M
Trailing 12 months to Jun 30, 2026 (through Q2 FY2026)946M

Buybacks and new shares

By fiscal year, then the trailing 12 months, in dollars. Below zero: bought back. Above zero: issued to employees, sold or used in acquisitions.

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Realty Income share buybacks and issuance, annual
PeriodPaid to employeesSold for cashUsed in acquisitions
FY2016, ended Dec 31, 2016$12.0M$384M—
FY2017, ended Dec 31, 2017$13.9M$705M—
FY2018, ended Dec 31, 2018$27.3M$0—
FY2019, ended Dec 31, 2019$13.7M$845M—
FY2020, ended Dec 31, 2020$16.5M$1.82B—
FY2021, ended Dec 31, 2021$41.8M$4.44B$11.6B
FY2022, ended Dec 31, 2022$21.6M$4.56B—
FY2023, ended Dec 31, 2023$26.2M$5.44B—
FY2024, ended Dec 31, 2024$57.5M$1.74B$6.04B
FY2025, ended Dec 31, 2025$30.8M$2.36B—
Trailing 12 months to Jun 30, 2026 (through Q2 FY2026)$37.4M$1.94B—