Realty Income (O) Depreciation & Amortization (CF) (2009 - 2026)
Realty Income's Depreciation & Amortization (CF) 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.
Realty Income (O) Depreciation & Amortization (CF) (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Realty Income reported Depreciation & Amortization (CF) 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 & Amortization (CF) 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 & Amortization (CF) 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 & Amortization (CF) since Q2 2025.
- Year-over-year, Depreciation & Amortization (CF) increased in seven of the last eight quarters, with growth averaging 6.8%.
- The fastest year-over-year change in Depreciation & Amortization (CF) 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 & Amortization (CF) 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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Amort. (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 181.70 Bn | 168.77 Bn | 1.47 Bn | 706.79 Mn |
| 2 | Prologis | 123.65 Bn | 122.03 Bn | - | 710.30 Mn |
| 3 | Simon Property | 80.48 Bn | 78.58 Bn | - | 510.77 Mn |
| 4 | Public Storage | 62.76 Bn | 62.20 Bn | 112.08 Mn | 412.61 Mn |
| 5 | Realty Income | 56.61 Bn | 57.99 Bn | - | 647.56 Mn |
| 6 | Ryman Hospitality Properties | 47.80 Bn | 46.64 Bn | 266.41 Mn | 83.16 Mn |
| 7 | Ventas | 47.78 Bn | 46.95 Bn | -3.39 Bn | 446.01 Mn |
| 8 | Vivmark Residential | 38.23 Bn | 37.98 Bn | - | 897.98 Mn |
| 9 | Extra Space Storage | 33.20 Bn | 32.98 Bn | 650.96 Mn | 189.60 Mn |
| 10 | Vici Properties | 27.53 Bn | 26.31 Bn | 1.06 Bn | 876,000.00 |
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 |
Realty Income Depreciation & Amortization (CF) 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-cf&ticker=O&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-amortization-cf", "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-cf&ticker=O&period=max&api_key=YOUR_API_KEY");
const data = await res.json();