Realty Income (O) EBITDA Margin (2020 - 2026)
Realty Income (O) posted EBITDA 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) EBITDA Margin (2020 - 2026) Analysis & Trends
Realty Income has reported EBITDA Margin for 7 years, with the latest figure at 41.26% in Q1 2026.
- Quarterly EBITDA 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.
- EBITDA Margin fell to 41.26% in Q1 2026 per O's latest filing, from 43.53% in the prior quarter.
- Over five years, EBITDA 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 EBITDA Margin.
- The sharpest annual moves came in 2022 and 2024: EBITDA Margin jumped 1754 bps in 2022, then plunged 1059 bps in 2024.
- Over 5 years, EBITDA 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, EBITDA Margin over the past three periods registered 41.26%, 43.53%, and 53.95% for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Simon Property | 72.17 Bn | 72.17 Bn | 1.76 Bn | 49.72% |
| 2 | Realty Income | 57.54 Bn | 57.54 Bn | - | 52.67% |
| 3 | Kimco Realty | 16.09 Bn | 16.09 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 | 8.81 Bn | 8.80 Bn | - | 46.47% |
| 6 | Nnn Reit | 8.65 Bn | 8.65 Bn | - | 61.97% |
| 7 | Macerich | 6.68 Bn | 6.68 Bn | 171.77 Mn | -42.31% |
| 8 | Essential Properties Realty Trust | 6.51 Bn | 6.51 Bn | - | 64.50% |
| 9 | Kite Realty Group Trust | 5.30 Bn | 5.30 Bn | - | - |
| 10 | Phillips Edison & Company | 5.01 Bn | 5.01 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |