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

Realty Income's (O) quarterly EBIT Margin came in at 41.26% in Q1 2026, up 247.0% year-on-year from 11.89% in Q1 2025, and little changed quarter-over-quarter from 41.11% in Q4 2025.

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

Realty Income has disclosed EBIT Margin across 7 years of filings, most recently posting 41.26% for Q1 2026.

  • EBIT Margin for Q1 2026 came in at 41.26%, up 247.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 40.45% (up 156.0% YoY), and the FY2025 annual result was 39.83%, up 282.0% from the prior year.
  • EBIT Margin came in at 41.26% for Q1 2026 at Realty Income, roughly flat from 41.11% in the prior quarter.
  • In the past five years, EBIT Margin ranged from a high of 43.25% in Q3 2025 to a low of 30.94% in Q1 2024.
  • The 5-year median for EBIT Margin is 41.16% (2024), against an average of 39.78%.
  • Across the five-year window, EBIT Margin jumped 2469 bps in 2022 and plunged 1059 bps in 2024, its largest moves.
  • Realty Income's EBIT Margin stood at 41.52% in 2022, then slipped by 1 bps to 41.24% in 2023, then declined by 11 bps to 36.53% in 2024, then gained by 13 bps to 41.11% in 2025, then rose by 0 bps to 41.26% in 2026.
  • The last three EBIT Margin figures came in at 41.26% (Q1 2026), 41.11% (Q4 2025), and 43.25% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT Margin (Qtr)
1 Simon Property 69.18 Bn 69.56 Bn 1.76 Bn 49.72%
2 Realty Income 55.47 Bn 56.16 Bn - 41.26%
3 Kimco Realty 17.00 Bn 17.03 Bn 447.43 Mn 36.37%
4 Regency Centers 14.85 Bn 14.97 Bn - 71.86%
5 Federal Realty Investment Trust 10.68 Bn 10.75 Bn 265.49 Mn 53.76%
6 Agree Realty 8.92 Bn 8.90 Bn - 49.11%
7 Nnn Reit 8.68 Bn 8.68 Bn - 61.00%
8 Essential Properties Realty Trust 6.37 Bn 6.38 Bn - 56.45%
9 Macerich 6.30 Bn 6.10 Bn 158.29 Mn -49.58%
10 Kite Realty Group Trust 6.26 Bn 6.38 Bn - -

Historic Data

Download Data
DateValue
Mar 31, 2026 41.26%
Dec 31, 2025 41.11%
Sep 30, 2025 43.25%
Jun 30, 2025 35.94%
Mar 31, 2025 38.79%
Dec 31, 2024 36.53%
Sep 30, 2024 41.16%
Jun 30, 2024 39.09%
Mar 31, 2024 30.94%
Dec 31, 2023 41.24%
Sep 30, 2023 41.32%
Jun 30, 2023 38.65%
Mar 31, 2023 41.53%
Dec 31, 2022 41.52%
Sep 30, 2022 41.55%
Jun 30, 2022 43.01%
Mar 31, 2022 39.31%
Dec 31, 2021 16.84%
Sep 30, 2021 44.40%
Jun 30, 2021 44.82%