Realty Income (O) Cash from Operations (2009 - 2026)
Realty Income (O) reported Cash from Operations of $1.15 billion for Q2 2026, up 8.0% from $1.06 billion a year earlier and up 30.9% from the prior quarter.
Realty Income (O) Cash from Operations (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Realty Income's Cash from Operations came in at $4.17 billion, up 13.8% year-over-year; for FY2025, it was $3.99 billion, up 11.8% from FY2024.
- Cash from Operations has increased for 16 consecutive years, with a five-year compound annual growth rate of 29.1% (FY2020 to FY2025).
- By year, Cash from Operations came in at $3.57 billion in FY2024 (+20.8%), $2.96 billion in FY2023 (+15.4%), $2.56 billion in FY2022 (+93.9%) and $1.32 billion in FY2021 (+18.5%).
- Five-year quarterly Cash from Operations spans a low of $352.12 million in Q4 2021 and a high of $1.2 billion in Q4 2025.
- Year over year, Cash from Operations has now increased in each of the last 12 quarters, with growth averaging 13.4% over the last eight quarters.
- The high point for year-over-year Cash from Operations in five years was Q2 2022 (growth of 136.1%); the low point was Q2 2023 (a decline of 1.1%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $874.5 million (Q1 2026), $1.2 billion (Q4 2025) and $943.14 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 163.27 Bn | 144.76 Bn | 1.39 Bn | 1.00 Bn |
| 2 | Prologis | 123.38 Bn | 118.42 Bn | - | 1.35 Bn |
| 3 | Simon Property | 64.69 Bn | 60.54 Bn | - | 833.38 Mn |
| 4 | Realty Income | 51.11 Bn | 49.33 Bn | - | 1.15 Bn |
| 5 | Public Storage | 50.26 Bn | 49.25 Bn | - | 868.44 Mn |
| 6 | Ventas | 40.91 Bn | 39.60 Bn | - | 556.55 Mn |
| 7 | Extra Space Storage | 28.00 Bn | 28.00 Bn | 642.43 Mn | 586.41 Mn |
| 8 | Vici Properties | 24.79 Bn | 22.91 Bn | 1.05 Bn | 728.18 Mn |
| 9 | Vivmark Residential | 22.68 Bn | 22.46 Bn | - | 301.88 Mn |
| 10 | Essex Property Trust | 17.33 Bn | 17.10 Bn | - | 254.06 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.15 Bn |
| Mar 31, 2026 | 874.50 Mn |
| Dec 31, 2025 | 1.20 Bn |
| Sep 30, 2025 | 943.14 Mn |
| Jun 30, 2025 | 1.06 Bn |
| Mar 31, 2025 | 787.52 Mn |
| Dec 31, 2024 | 971.96 Mn |
| Sep 30, 2024 | 841.47 Mn |
| Jun 30, 2024 | 981.17 Mn |
| Mar 31, 2024 | 778.67 Mn |
| Dec 31, 2023 | 760.66 Mn |
| Sep 30, 2023 | 732.00 Mn |
| Jun 30, 2023 | 734.88 Mn |
| Mar 31, 2023 | 731.23 Mn |
| Dec 31, 2022 | 630.49 Mn |
| Sep 30, 2022 | 676.81 Mn |
| Jun 30, 2022 | 743.08 Mn |
| Mar 31, 2022 | 513.48 Mn |
| Dec 31, 2021 | 352.12 Mn |
| Sep 30, 2021 | 388.93 Mn |
Realty Income Cash from Operations 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=cash-from-operations&ticker=O&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "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=cash-from-operations&ticker=O&period=max&api_key=YOUR_API_KEY");
const data = await res.json();