Realty Income (O) Buildings and Improvements (2009 - 2026)
Realty Income's Buildings was $46.72 billion in Q3 2026, up 8.8% from $42.92 billion a year earlier and up 2.3% from the prior quarter.
Analysis
Realty Income (O) Buildings and Improvements (2009 - 2026) Analysis & Trends
At the end of FY2025, Buildings at Realty Income came in at $43.82 billion, up 7.0% from FY2024.
- Buildings has now increased for 16 consecutive years, with a five-year compound annual growth rate of 24.4% (FY2020 to FY2025).
- In earlier years, Buildings was $40.97 billion in FY2024 (+18.2%), $34.66 billion in FY2023 (+16.7%), $29.71 billion in FY2022 (+18.1%) and $25.16 billion in FY2021 (+71.2%).
- The Q3 2026 figure marks the highest quarterly Buildings in data going back to Q4 2009.
- Compared with a year earlier, Buildings has increased for 62 straight quarters, with growth averaging 8.2% over the last eight quarters.
- The year-over-year growth in Buildings has ranged between 5.1% (Q1 2025) and 71.2% (Q4 2021) over the last five years.
- Per Business Quant data, O's Buildings in the three quarters before Q3 2026 was $45.67 billion (Q2 2026), $44.46 billion (Q1 2026) and $43.82 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Welltower | 179.36 Bn | 166.43 Bn | 1.47 Bn |
| 2 | Prologis | 122.34 Bn | 120.73 Bn | - |
| 3 | Simon Property | 79.95 Bn | 78.05 Bn | - |
| 4 | Public Storage | 62.14 Bn | 61.58 Bn | 112.08 Mn |
| 5 | Realty Income | 55.95 Bn | 57.33 Bn | - |
| 6 | Ventas | 47.02 Bn | 46.18 Bn | -3.39 Bn |
| 7 | Ryman Hospitality Properties | 46.62 Bn | 45.46 Bn | 266.41 Mn |
| 8 | Vivmark Residential | 37.34 Bn | 37.09 Bn | - |
| 9 | Extra Space Storage | 33.12 Bn | 32.90 Bn | 650.96 Mn |
| 10 | Vici Properties | 27.54 Bn | 26.32 Bn | 1.06 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 46.72 Bn |
| Jun 30, 2026 | 45.67 Bn |
| Mar 31, 2026 | 44.46 Bn |
| Dec 31, 2025 | 43.82 Bn |
| Sep 30, 2025 | 42.92 Bn |
| Jun 30, 2025 | 42.69 Bn |
| Mar 31, 2025 | 41.69 Bn |
| Dec 31, 2024 | 40.97 Bn |
| Sep 30, 2024 | 40.61 Bn |
| Jun 30, 2024 | 39.90 Bn |
| Mar 31, 2024 | 39.67 Bn |
| Dec 31, 2023 | 34.66 Bn |
| Sep 30, 2023 | 33.61 Bn |
| Jun 30, 2023 | 32.65 Bn |
| Mar 31, 2023 | 30.80 Bn |
| Dec 31, 2022 | 29.71 Bn |
| Sep 30, 2022 | 26.98 Bn |
| Jun 30, 2022 | 26.10 Bn |
| Mar 31, 2022 | 25.65 Bn |
| Dec 31, 2021 | 25.16 Bn |
API Access
Realty Income Buildings and Improvements 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=buildings-and-improvements&ticker=O&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "buildings-and-improvements", "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=buildings-and-improvements&ticker=O&period=max&api_key=YOUR_API_KEY");
const data = await res.json();