Realty Income (O) EBT Margin (2020 - 2026)
Realty Income's EBT Margin came in at 25.61% for Q2 2026, up 9.79 percentage points from 15.82% a year earlier and up 3.19 percentage points from the prior quarter.
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Analysis
Realty Income (O) EBT Margin (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Realty Income reported EBT Margin of 23.26%, up 4.99 percentage points year-over-year; for FY2025, it was 20.09%, up 2.37 percentage points from FY2024.
- EBT Margin carries a five-year change of -4.87 percentage points (FY2020 to FY2025).
- Going back by year, EBT Margin was 17.72% in FY2024 (-5.06 pp), 22.77% in FY2023 (-4.67 pp), 27.44% in FY2022 (+8.58 pp) and 18.86% in FY2021 (-6.10 pp).
- The Q2 2026 figure represents the highest quarterly EBT Margin since Q4 2022.
- Year-over-year, EBT Margin has increased for four consecutive quarters, with an average year-over-year change of +1.87 percentage points over the last eight quarters.
- The fastest year-over-year change in EBT Margin over five years came in Q4 2022 (a gain of 24.62 percentage points), and the weakest in Q4 2021 (a drop of 27.21 percentage points).
- Business Quant data shows O's EBT Margin at 22.41% (Q1 2026), 21.74% (Q4 2025) and 23.22% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 164.67 Bn | 146.16 Bn | 1.39 Bn | 9.04% |
| 2 | Prologis | 123.63 Bn | 118.68 Bn | - | 50.80% |
| 3 | Simon Property | 64.74 Bn | 60.59 Bn | - | 27.69% |
| 4 | Realty Income | 51.46 Bn | 49.68 Bn | - | 25.61% |
| 5 | Public Storage | 50.61 Bn | 49.60 Bn | - | 41.01% |
| 6 | Ventas | 41.19 Bn | 39.87 Bn | - | 3.14% |
| 7 | Extra Space Storage | 28.16 Bn | 28.16 Bn | 642.43 Mn | 31.06% |
| 8 | Vici Properties | 24.94 Bn | 23.05 Bn | 1.05 Bn | 50.53% |
| 9 | Vivmark Residential | 22.68 Bn | 22.46 Bn | - | - |
| 10 | Essex Property Trust | 17.33 Bn | 17.09 Bn | - | 8.70% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 25.61% |
| Mar 31, 2026 | 22.41% |
| Dec 31, 2025 | 21.74% |
| Sep 30, 2025 | 23.22% |
| Jun 30, 2025 | 15.82% |
| Mar 31, 2025 | 19.35% |
| Dec 31, 2024 | 16.52% |
| Sep 30, 2024 | 21.52% |
| Jun 30, 2024 | 20.65% |
| Mar 31, 2024 | 11.85% |
| Dec 31, 2023 | 21.89% |
| Sep 30, 2023 | 23.60% |
| Jun 30, 2023 | 20.61% |
| Mar 31, 2023 | 25.21% |
| Dec 31, 2022 | 26.75% |
| Sep 30, 2022 | 27.52% |
| Jun 30, 2022 | 29.43% |
| Mar 31, 2022 | 26.13% |
| Dec 31, 2021 | 2.13% |
| Sep 30, 2021 | 28.85% |
API Access
Realty Income EBT 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=ebt-margin&ticker=O&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-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=ebt-margin&ticker=O&period=max&api_key=YOUR_API_KEY");
const data = await res.json();