Realty Income (O) Interest Coverage Ratio (2020 - 2026)
Realty Income's (O) Interest Coverage Ratio was 2.37 for Q3 2026, up 9.6% from 2.16 a year earlier and up 4.2% from the prior quarter.
Realty Income (O) Interest Coverage Ratio (2020 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Realty Income's Interest Coverage Ratio came in at 2.24, up 15.3% year-over-year; for FY2025, it came in at 2.02, up 5.2% from FY2024.
- By year, Interest Coverage Ratio came in at 1.92 in FY2024 (-15.6%), 2.27 in FY2023 (-23.6%), 2.97 in FY2022 (+34.3%) and 2.21 in FY2021 (-5.0%).
- The Q3 2026 figure ranks as the highest quarterly Interest Coverage Ratio since Q1 2023.
- Year over year, Interest Coverage Ratio has now increased in each of the last five quarters, with growth averaging 7.3% over the last eight quarters.
- The high point for year-over-year Interest Coverage Ratio in five years was Q4 2022 (growth of 145.5%); the low point was Q4 2021 (a decline of 55.2%).
- Per Business Quant data, the three quarters before Q3 2026 came in at 2.27 (Q2 2026), 2.19 (Q1 2026) and 2.12 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 177.74 Bn | 163.76 Bn | 1.47 Bn | - |
| 2 | Prologis | 120.05 Bn | 114.00 Bn | - | 3.64 |
| 3 | Simon Property | 74.18 Bn | 70.24 Bn | - | 2.93 |
| 4 | Public Storage | 62.09 Bn | 60.82 Bn | - | 3.09 |
| 5 | Realty Income | 55.76 Bn | 54.03 Bn | - | 2.37 |
| 6 | Ventas | 45.60 Bn | 44.27 Bn | - | 1.33 |
| 7 | Extra Space Storage | 33.58 Bn | 32.49 Bn | 650.96 Mn | - |
| 8 | Vici Properties | 27.29 Bn | 25.64 Bn | 1.06 Bn | 2.59 |
| 9 | Vivmark Residential | 24.52 Bn | 24.30 Bn | - | 2.46 |
| 10 | Essex Property Trust | 17.52 Bn | 17.27 Bn | - | 2.42 |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.37 |
| Jun 30, 2026 | 2.27 |
| Mar 31, 2026 | 2.19 |
| Dec 31, 2025 | 2.12 |
| Sep 30, 2025 | 2.16 |
| Jun 30, 2025 | 1.79 |
| Mar 31, 2025 | 2.00 |
| Dec 31, 2024 | 1.83 |
| Sep 30, 2024 | 2.10 |
| Jun 30, 2024 | 2.12 |
| Mar 31, 2024 | 1.62 |
| Dec 31, 2023 | 2.13 |
| Sep 30, 2023 | 2.33 |
| Jun 30, 2023 | 2.14 |
| Mar 31, 2023 | 2.54 |
| Dec 31, 2022 | 2.81 |
| Sep 30, 2022 | 2.96 |
| Jun 30, 2022 | 3.17 |
| Mar 31, 2022 | 2.98 |
| Dec 31, 2021 | 1.14 |
Realty Income Interest Coverage Ratio 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=interest-coverage-ratio&ticker=O&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=O&period=max&api_key=YOUR_API_KEY");
const data = await res.json();