Realty Income (O) Depreciation and Amortization (2009 - 2026)
Realty Income's Depreciation and Amortization came in at $647.56 million for Q3 2026, up 2.5% from $631.98 million a year earlier and up 0.4% from the prior quarter.
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Analysis
Realty Income (O) Depreciation and Amortization (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Realty Income reported Depreciation and Amortization of $2.56 billion, up 2.5% year-over-year; for FY2025, it came in at $2.52 billion, up 5.4% from FY2024.
- Depreciation and Amortization has increased in each of the last 16 years, with a five-year compound annual growth rate of 30.1% (FY2020 to FY2025).
- Going back by year, Depreciation and Amortization was $2.4 billion in FY2024 (+26.4%), $1.9 billion in FY2023 (+13.5%), $1.67 billion in FY2022 (+86.0%) and $897.84 million in FY2021 (+32.6%).
- The Q3 2026 figure represents the highest quarterly Depreciation and Amortization since Q2 2025.
- Year-over-year, Depreciation and Amortization increased in seven of the last eight quarters, with growth averaging 6.8%.
- The fastest year-over-year change in Depreciation and Amortization over five years came in Q1 2022 (growth of 126.9%), and the weakest in Q2 2026 (a decline of 0.5%).
- Business Quant data shows O's Depreciation and Amortization at $644.68 million (Q2 2026), $630.28 million (Q1 2026) and $635.44 million (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | D&A (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 179.36 Bn | 166.43 Bn | 1.47 Bn | 706.79 Mn |
| 2 | Prologis | 122.34 Bn | 120.73 Bn | - | 710.30 Mn |
| 3 | Simon Property | 79.95 Bn | 78.05 Bn | - | 510.77 Mn |
| 4 | Public Storage | 62.14 Bn | 61.58 Bn | 112.08 Mn | 412.61 Mn |
| 5 | Realty Income | 55.95 Bn | 57.33 Bn | - | 647.56 Mn |
| 6 | Ventas | 47.02 Bn | 46.18 Bn | -3.39 Bn | 446.01 Mn |
| 7 | Ryman Hospitality Properties | 46.62 Bn | 45.46 Bn | 266.41 Mn | 83.16 Mn |
| 8 | Vivmark Residential | 37.34 Bn | 37.09 Bn | - | 897.98 Mn |
| 9 | Extra Space Storage | 33.12 Bn | 32.90 Bn | 650.96 Mn | 189.60 Mn |
| 10 | Vici Properties | 27.54 Bn | 26.32 Bn | 1.06 Bn | 876,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 647.56 Mn |
| Jun 30, 2026 | 644.68 Mn |
| Mar 31, 2026 | 630.28 Mn |
| Dec 31, 2025 | 635.44 Mn |
| Sep 30, 2025 | 631.98 Mn |
| Jun 30, 2025 | 647.85 Mn |
| Mar 31, 2025 | 608.94 Mn |
| Dec 31, 2024 | 606.67 Mn |
| Sep 30, 2024 | 602.34 Mn |
| Jun 30, 2024 | 605.57 Mn |
| Mar 31, 2024 | 581.06 Mn |
| Dec 31, 2023 | 475.86 Mn |
| Sep 30, 2023 | 495.57 Mn |
| Jun 30, 2023 | 472.28 Mn |
| Mar 31, 2023 | 451.48 Mn |
| Dec 31, 2022 | 438.17 Mn |
| Sep 30, 2022 | 419.02 Mn |
| Jun 30, 2022 | 409.44 Mn |
| Mar 31, 2022 | 403.76 Mn |
| Dec 31, 2021 | 333.23 Mn |
API Access
Realty Income Depreciation and Amortization 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=depreciation-and-amortization&ticker=O&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-amortization", "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=depreciation-and-amortization&ticker=O&period=max&api_key=YOUR_API_KEY");
const data = await res.json();