Realty Income (O) Accumulated Depreciation (2009 - 2026)
Realty Income's Accumulated Depreciation was $9.47 billion in Q2 2026, up 16.2% from $8.14 billion a year earlier and up 4.1% from the prior quarter.
Realty Income (O) Accumulated Depreciation (2009 - 2026) Analysis & Trends
At the end of FY2025, Accumulated Depreciation at Realty Income came in at $8.78 billion, up 18.9% from FY2024.
- Accumulated Depreciation has now increased for 16 consecutive years, with a five-year compound annual growth rate of 19.9% (FY2020 to FY2025).
- In earlier years, Accumulated Depreciation was $7.38 billion in FY2024 (+21.6%), $6.07 billion in FY2023 (+23.8%), $4.9 billion in FY2022 (+24.2%) and $3.95 billion in FY2021 (+11.3%).
- The Q2 2026 figure marks the highest quarterly Accumulated Depreciation in data going back to Q4 2009.
- Compared with a year earlier, Accumulated Depreciation has increased for 61 straight quarters, with growth averaging 19.9% over the last eight quarters.
- Over the past five years, the year-over-year growth in Accumulated Depreciation ranged from 11.3% (Q4 2021) to 25.0% (Q2 2023).
- Per Business Quant data, O's Accumulated Depreciation in the three quarters before Q2 2026 was $9.09 billion (Q1 2026), $8.78 billion (Q4 2025) and $8.46 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Welltower | 175.33 Bn | 162.40 Bn | 1.47 Bn |
| 2 | Prologis | 123.26 Bn | 121.65 Bn | - |
| 3 | Simon Property | 76.07 Bn | 73.28 Bn | - |
| 4 | Public Storage | 62.23 Bn | 61.68 Bn | - |
| 5 | Realty Income | 54.52 Bn | 55.13 Bn | - |
| 6 | Ventas | 45.86 Bn | 45.03 Bn | - |
| 7 | Extra Space Storage | 32.95 Bn | 32.73 Bn | 650.96 Mn |
| 8 | Vici Properties | 27.52 Bn | 25.87 Bn | 1.06 Bn |
| 9 | Vivmark Residential | 23.32 Bn | 23.29 Bn | - |
| 10 | Host Hotels & Resorts | 17.52 Bn | 12.78 Bn | 609.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.47 Bn |
| Mar 31, 2026 | 9.09 Bn |
| Dec 31, 2025 | 8.78 Bn |
| Sep 30, 2025 | 8.46 Bn |
| Jun 30, 2025 | 8.14 Bn |
| Mar 31, 2025 | 7.76 Bn |
| Dec 31, 2024 | 7.38 Bn |
| Sep 30, 2024 | 7.07 Bn |
| Jun 30, 2024 | 6.69 Bn |
| Mar 31, 2024 | 6.39 Bn |
| Dec 31, 2023 | 6.07 Bn |
| Sep 30, 2023 | 5.78 Bn |
| Jun 30, 2023 | 5.49 Bn |
| Mar 31, 2023 | 5.19 Bn |
| Dec 31, 2022 | 4.90 Bn |
| Sep 30, 2022 | 4.62 Bn |
| Jun 30, 2022 | 4.39 Bn |
| Mar 31, 2022 | 4.17 Bn |
| Dec 31, 2021 | 3.95 Bn |
| Sep 30, 2021 | 3.90 Bn |
Realty Income Accumulated Depreciation API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-depreciation&ticker=O&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-depreciation", "ticker": "O", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-depreciation&ticker=O&period=max&api_key=YOUR_API_KEY");
const data = await res.json();