Realty Income (O) EBIT Margin (2020 - 2026)
Realty Income (O) posted EBIT Margin of 45.77% for Q2 2026, up 9.83 percentage points from 35.94% a year earlier and up 4.51 percentage points from the prior quarter.
Realty Income (O) EBIT Margin (2020 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EBIT Margin at Realty Income was 42.86%, up 4.78 percentage points year-over-year; for FY2025, it was 39.83%, up 2.82 percentage points from FY2024.
- Annual EBIT Margin shows a five-year change of -3.92 percentage points (FY2020 to FY2025).
- In prior years, Realty Income's EBIT Margin was 37.01% in FY2024 (-3.67 pp), 40.68% in FY2023 (-0.68 pp), 41.36% in FY2022 (+6.94 pp) and 34.42% in FY2021 (-9.33 pp).
- The Q2 2026 figure stands as the highest quarterly EBIT Margin since Q4 2020.
- On a year-over-year basis, EBIT Margin has increased in each of the last four quarters, with an average year-over-year change of +2.35 percentage points over the last eight quarters.
- The strongest year-over-year quarter for EBIT Margin in the past five years was Q4 2022, with a gain of 24.69 percentage points; the weakest was Q4 2021, with a drop of 31.34 percentage points.
- According to Business Quant data, EBIT Margin for the three prior quarters was 41.26% (Q1 2026), 41.11% (Q4 2025) and 43.25% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 175.33 Bn | 162.40 Bn | 1.47 Bn | 9.10% |
| 2 | Prologis | 123.26 Bn | 121.65 Bn | - | 43.76% |
| 3 | Simon Property | 76.07 Bn | 73.28 Bn | - | 46.02% |
| 4 | Public Storage | 62.23 Bn | 61.68 Bn | - | 23.20% |
| 5 | Realty Income | 54.52 Bn | 55.13 Bn | - | 45.77% |
| 6 | Ventas | 45.86 Bn | 45.03 Bn | - | 11.68% |
| 7 | Extra Space Storage | 32.95 Bn | 32.73 Bn | 650.96 Mn | 44.04% |
| 8 | Vici Properties | 27.52 Bn | 25.87 Bn | 1.06 Bn | 52.20% |
| 9 | Vivmark Residential | 23.32 Bn | 23.29 Bn | - | - |
| 10 | Host Hotels & Resorts | 17.52 Bn | 12.78 Bn | 609.00 Mn | 17.87% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 45.77% |
| 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% |
Realty Income EBIT Margin 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=ebit-margin&ticker=O&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "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=ebit-margin&ticker=O&period=max&api_key=YOUR_API_KEY");
const data = await res.json();