Realty Income (O) Free Cash Flow (2009 - 2026)
Realty Income's (O) quarterly Free Cash Flow came in at $848.2 million in Q1 2026, up 10.93% year-on-year from $764.6 million in Q1 2025, and down 26.5% quarter-over-quarter from $1.2 billion in Q4 2025.
Realty Income (O) Free Cash Flow (2009 - 2026) Analysis & Trends
Realty Income has disclosed Free Cash Flow across 18 years of filings, most recently posting $848.2 million for Q1 2026.
- Free Cash Flow for Q1 2026 came in at $848.2 million, up 10.93% year-over-year; the trailing twelve-month figure through Mar 2026 was $3.9 billion (up 14.48% YoY), and the FY2025 annual result was $3.9 billion, up 11.91% from the prior year.
- Free Cash Flow came in at $848.2 million for Q1 2026 at Realty Income, down from $1.2 billion in the prior quarter.
- In the past five years, Free Cash Flow ranged from a high of $1.2 billion in Q4 2025 to a low of $500.0 million in Q1 2022.
- The 5-year median for Free Cash Flow is $764.6 million (2025), against an average of $795.4 million.
- Across the five-year window, Free Cash Flow soared 132.66% in 2022 and slipped 1.05% in 2023, its largest moves.
- Realty Income's Free Cash Flow stood at $601.0 million in 2022, then advanced by 22.97% to $739.1 million in 2023, then increased by 26.61% to $935.8 million in 2024, then advanced by 23.32% to $1.2 billion in 2025, then declined by 26.5% to $848.2 million in 2026.
- The last three Free Cash Flow figures came in at $848.2 million (Q1 2026), $1.2 billion (Q4 2025), and $909.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Simon Property | 69.18 Bn | 69.56 Bn | 1.76 Bn | 948.84 Mn |
| 2 | Realty Income | 55.47 Bn | 56.16 Bn | - | 848.19 Mn |
| 3 | Kimco Realty | 17.00 Bn | 17.03 Bn | 447.43 Mn | 258.37 Mn |
| 4 | Regency Centers | 14.85 Bn | 14.97 Bn | - | 129.89 Mn |
| 5 | Federal Realty Investment Trust | 10.68 Bn | 10.75 Bn | 265.49 Mn | -190.05 Mn |
| 6 | Agree Realty | 8.92 Bn | 8.90 Bn | - | -267.18 Mn |
| 7 | Nnn Reit | 8.68 Bn | 8.68 Bn | - | 44.76 Mn |
| 8 | Essential Properties Realty Trust | 6.37 Bn | 6.38 Bn | - | -211.20 Mn |
| 9 | Macerich | 6.30 Bn | 6.10 Bn | 158.29 Mn | 48.71 Mn |
| 10 | Kite Realty Group Trust | 6.26 Bn | 6.38 Bn | - | 45.48 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 848.19 Mn |
| Mar 31, 2026 | 848.19 Mn |
| Dec 31, 2025 | 1.15 Bn |
| Dec 31, 2025 | 1.15 Bn |
| Sep 30, 2025 | 909.95 Mn |
| Sep 30, 2025 | 909.95 Mn |
| Jun 30, 2025 | 1.03 Bn |
| Jun 30, 2025 | 1.03 Bn |
| Mar 31, 2025 | 764.62 Mn |
| Mar 31, 2025 | 764.62 Mn |
| Dec 31, 2024 | 935.76 Mn |
| Dec 31, 2024 | 935.76 Mn |
| Sep 30, 2024 | 807.91 Mn |
| Sep 30, 2024 | 807.91 Mn |
| Jun 30, 2024 | 939.16 Mn |
| Jun 30, 2024 | 939.16 Mn |
| Mar 31, 2024 | 769.05 Mn |
| Mar 31, 2024 | 769.05 Mn |
| Dec 31, 2023 | 739.07 Mn |
| Dec 31, 2023 | 739.07 Mn |