Realty Income (O) EBITDA Margin (2020 - 2026)
Realty Income's EBITDA Margin came in at 87.42% for Q2 2026, up 5.55 percentage points from 81.88% a year earlier and up 5.46 percentage points from the prior quarter.
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Analysis
Realty Income (O) EBITDA Margin (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Realty Income reported EBITDA Margin of 84.85%, up 1.63 percentage points year-over-year; for FY2025, it came in at 83.73%, up 1.28 percentage points from FY2024.
- EBITDA Margin carries a five-year change of -1.12 percentage points (FY2020 to FY2025).
- Going back by year, EBITDA Margin was 82.46% in FY2024 (-4.68 pp), 87.14% in FY2023 (-4.17 pp), 91.31% in FY2022 (+13.74 pp) and 77.57% in FY2021 (-7.28 pp).
- The Q2 2026 figure represents the highest quarterly EBITDA Margin since Q3 2023.
- Year-over-year, EBITDA Margin increased in three of the last eight quarters, with an average year-over-year change of +0.45 percentage points.
- The fastest year-over-year change in EBITDA Margin over five years came in Q4 2022 (a gain of 25.35 percentage points), and the weakest in Q4 2021 (a drop of 24.57 percentage points).
- Business Quant data shows O's EBITDA Margin at 81.96% (Q1 2026), 83.81% (Q4 2025) and 86.22% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 164.67 Bn | 146.16 Bn | 1.39 Bn | -30.49% |
| 2 | Prologis | 123.63 Bn | 118.68 Bn | - | 80.90% |
| 3 | Simon Property | 64.74 Bn | 60.59 Bn | - | 73.69% |
| 4 | Realty Income | 51.46 Bn | 49.68 Bn | - | 88.01% |
| 5 | Public Storage | 50.61 Bn | 49.60 Bn | - | 61.42% |
| 6 | Ventas | 41.19 Bn | 39.87 Bn | - | 36.41% |
| 7 | Extra Space Storage | 28.16 Bn | 28.16 Bn | 642.43 Mn | 67.55% |
| 8 | Vici Properties | 24.94 Bn | 23.05 Bn | 1.05 Bn | 70.62% |
| 9 | Vivmark Residential | 22.68 Bn | 22.46 Bn | - | - |
| 10 | Essex Property Trust | 17.33 Bn | 17.09 Bn | - | 54.39% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 88.01% |
| Mar 31, 2026 | 82.53% |
| Dec 31, 2025 | 84.39% |
| Sep 30, 2025 | 86.77% |
| Jun 30, 2025 | 82.38% |
| Mar 31, 2025 | 83.33% |
| Dec 31, 2024 | 82.26% |
| Sep 30, 2024 | 86.86% |
| Jun 30, 2024 | 84.74% |
| Mar 31, 2024 | 77.50% |
| Dec 31, 2023 | 86.12% |
| Sep 30, 2023 | 89.68% |
| Jun 30, 2023 | 85.59% |
| Mar 31, 2023 | 90.02% |
| Dec 31, 2022 | 91.34% |
| Sep 30, 2022 | 92.07% |
| Jun 30, 2022 | 93.99% |
| Mar 31, 2022 | 89.75% |
| Dec 31, 2021 | 66.02% |
| Sep 30, 2021 | 85.63% |
API Access
Realty Income EBITDA 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=ebitda-margin&ticker=O&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-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=ebitda-margin&ticker=O&period=max&api_key=YOUR_API_KEY");
const data = await res.json();