Realty Income (O) FCF Margin (2009 - 2026)
Realty Income's FCF Margin came in at 70.29% for Q2 2026, down 3.05 percentage points from 73.34% a year earlier but up 15.52 percentage points from the prior quarter.
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Analysis
Realty Income (O) FCF Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Realty Income reported FCF Margin of 66.06%, up 1.20 percentage points year-over-year; for FY2025, it was 67.19%, up 1.70 percentage points from FY2024.
- FCF Margin carries a five-year change of -0.01 percentage points (FY2020 to FY2025).
- Going back by year, FCF Margin was 65.49% in FY2024 (-5.37 pp), 70.85% in FY2023 (-2.97 pp), 73.82% in FY2022 (+11.19 pp) and 62.63% in FY2021 (-4.56 pp).
- The five-year range for quarterly FCF Margin is 50.24% (Q4 2021) to 89.69% (Q2 2022).
- Year-over-year, FCF Margin increased in four of the last eight quarters, with an average year-over-year change of -0.51 percentage points.
- The fastest year-over-year change in FCF Margin over five years came in Q2 2022 (a gain of 22.26 percentage points), and the weakest in Q4 2021 (a drop of 23.27 percentage points).
- Business Quant data shows O's FCF Margin at 54.77% (Q1 2026), 77.56% (Q4 2025) and 61.88% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 175.33 Bn | 162.40 Bn | 1.47 Bn | -78.67% |
| 2 | Prologis | 123.26 Bn | 121.65 Bn | - | 8.67% |
| 3 | Simon Property | 76.07 Bn | 73.28 Bn | - | 53.54% |
| 4 | Public Storage | 62.23 Bn | 61.68 Bn | - | 61.86% |
| 5 | Realty Income | 54.52 Bn | 55.13 Bn | - | -52.51% |
| 6 | Ventas | 45.86 Bn | 45.03 Bn | - | -44.56% |
| 7 | Extra Space Storage | 32.95 Bn | 32.73 Bn | 650.96 Mn | 42.53% |
| 8 | Vici Properties | 27.52 Bn | 25.87 Bn | 1.06 Bn | 60.78% |
| 9 | Vivmark Residential | 23.32 Bn | 23.29 Bn | - | - |
| 10 | Host Hotels & Resorts | 17.52 Bn | 12.78 Bn | 609.00 Mn | 23.29% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -52.51% |
| Mar 31, 2026 | -51.71% |
| Dec 31, 2025 | -27.38% |
| Sep 30, 2025 | 2.58% |
| Jun 30, 2025 | 0.28% |
| Mar 31, 2025 | -30.39% |
| Dec 31, 2024 | -53.34% |
| Sep 30, 2024 | 6.69% |
| Jun 30, 2024 | 43.46% |
| Mar 31, 2024 | 18.50% |
| Dec 31, 2023 | -56.90% |
| Sep 30, 2023 | -125.20% |
| Jun 30, 2023 | -224.92% |
| Mar 31, 2023 | -101.41% |
| Dec 31, 2022 | -371.93% |
| Sep 30, 2022 | -140.18% |
| Jun 30, 2022 | -112.70% |
| Mar 31, 2022 | -127.06% |
| Dec 31, 2021 | -329.75% |
| Sep 30, 2021 | -250.28% |
API Access
Realty Income FCF 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=fcf-margin&ticker=O&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-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=fcf-margin&ticker=O&period=max&api_key=YOUR_API_KEY");
const data = await res.json();