Realty Income (O) EBIT Margin (2020 - 2026)

Realty Income (O) posted EBIT Margin of 41.26% for Q1 2026, down 5.2% sequentially from 43.53% in Q4 2025, and up 229.0% YoY from 12.54% in Q1 2025.

Realty Income (O) EBIT Margin (2020 - 2026) Analysis & Trends

Realty Income has reported EBIT Margin for 7 years, with the latest figure at 41.26% in Q1 2026.

  • Quarterly EBIT Margin rose 229.0% year-over-year to 41.26% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 42.01% (up 153.0% YoY) and the FY2025 annual result came in at 39.83%, up 282.0% from the prior year.
  • EBIT Margin fell to 41.26% in Q1 2026 per O's latest filing, from 43.53% in the prior quarter.
  • Over five years, EBIT Margin peaked at 53.95% in Q3 2025 and troughed at 28.8% in Q2 2025.
  • A 5-year average of 39.96% and a median of 41.16% in 2024 frame the typical range for EBIT Margin.
  • The sharpest annual moves came in 2022 and 2024: EBIT Margin jumped 1754 bps in 2022, then plunged 1059 bps in 2024.
  • Over 5 years, EBIT Margin stood at 34.38% in 2022, then rose by 10 bps to 37.67% in 2023, then grew by 14 bps to 42.79% in 2024, then rose by 2 bps to 43.53% in 2025, then fell by 5 bps to 41.26% in 2026.
  • According to Business Quant data, EBIT Margin over the past three periods registered 41.26%, 43.53%, and 53.95% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT Margin (Qtr)
1 Simon Property 72.62 Bn 72.62 Bn 1.76 Bn 49.72%
2 Realty Income 57.85 Bn 57.85 Bn - 52.67%
3 Kimco Realty 16.14 Bn 16.14 Bn 455.67 Mn 35.61%
4 Federal Realty Investment Trust 10.05 Bn 10.05 Bn 271.22 Mn 41.30%
5 Agree Realty 8.86 Bn 8.85 Bn - 46.47%
6 Nnn Reit 8.69 Bn 8.69 Bn - 61.97%
7 Macerich 6.67 Bn 6.67 Bn 171.77 Mn -42.31%
8 Essential Properties Realty Trust 6.53 Bn 6.53 Bn - 64.50%
9 Kite Realty Group Trust 5.31 Bn 5.31 Bn - -
10 Phillips Edison & Company 5.01 Bn 5.01 Bn - -

Historic Data

Download Data
DateValue
Jun 30, 2026 52.67%
Mar 31, 2026 41.26%
Dec 31, 2025 43.53%
Sep 30, 2025 53.95%
Jun 30, 2025 28.80%
Mar 31, 2025 38.97%
Dec 31, 2024 42.79%
Sep 30, 2024 41.16%
Jun 30, 2024 39.09%
Mar 31, 2024 30.94%
Dec 31, 2023 37.67%
Sep 30, 2023 41.32%
Jun 30, 2023 38.65%
Mar 31, 2023 41.53%
Dec 31, 2022 34.38%
Sep 30, 2022 41.55%
Jun 30, 2022 43.01%
Mar 31, 2022 40.77%
Dec 31, 2021 16.84%
Sep 30, 2021 44.40%