Realty Income (O) Interest Expense (2009 - 2020)
Realty Income (O) posted Interest Expenses of $333.56 million for Q3 2026, up 13.3% from $294.48 million a year earlier and up 6.9% from the prior quarter.
Realty Income (O) Interest Expense (2009 - 2020) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Interest Expenses at Realty Income was $1.23 billion, up 10.0% year-over-year; for FY2025, it came in at $1.13 billion, up 11.6% from FY2024.
- Annual Interest Expenses has increased for nine consecutive years, with a five-year compound annual growth rate of 29.7% (FY2020 to FY2025).
- In prior years, Realty Income's Interest Expenses was $1.02 billion in FY2024 (+39.2%), $730.42 million in FY2023 (+57.0%), $465.22 million in FY2022 (+43.7%) and $323.64 million in FY2021 (+4.6%).
- The Q3 2026 figure stands as the highest quarterly Interest Expenses in data going back to Q2 2009.
- On a year-over-year basis, Interest Expenses has increased in each of the last 20 quarters, with growth averaging 13.4% over the last eight quarters.
- Over the past five years, the year-over-year growth in Interest Expenses ranged from 7.5% (Q4 2025) to 67.0% (Q2 2023).
- According to Business Quant data, Interest Expenses for the three prior quarters was $312.08 million (Q2 2026), $291.94 million (Q1 2026) and $288.2 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 179.36 Bn | 166.43 Bn | 1.47 Bn | - |
| 2 | Prologis | 122.34 Bn | 120.73 Bn | - | 286.96 Mn |
| 3 | Simon Property | 79.95 Bn | 78.05 Bn | - | 287.59 Mn |
| 4 | Public Storage | 62.14 Bn | 61.58 Bn | 112.08 Mn | - |
| 5 | Realty Income | 55.95 Bn | 57.33 Bn | - | - |
| 6 | Ventas | 47.02 Bn | 46.18 Bn | -3.39 Bn | - |
| 7 | Ryman Hospitality Properties | 46.62 Bn | 45.46 Bn | 266.41 Mn | 68.28 Mn |
| 8 | Vivmark Residential | 37.34 Bn | 37.09 Bn | - | - |
| 9 | Extra Space Storage | 33.12 Bn | 32.90 Bn | 650.96 Mn | - |
| 10 | Vici Properties | 27.54 Bn | 26.32 Bn | 1.06 Bn | 214.98 Mn |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2020 | 75.93 Mn |
| Dec 31, 2019 | 75.07 Mn |
| Sep 30, 2019 | 73.41 Mn |
| Jun 30, 2019 | 72.49 Mn |
| Mar 31, 2019 | 70.02 Mn |
| Dec 31, 2018 | 70.64 Mn |
| Sep 30, 2018 | 69.34 Mn |
| Jun 30, 2018 | 66.63 Mn |
| Mar 31, 2018 | 59.42 Mn |
| Dec 31, 2017 | 61.48 Mn |
| Sep 30, 2017 | 62.95 Mn |
| Jun 30, 2017 | 63.68 Mn |
| Mar 31, 2017 | 59.31 Mn |
| Dec 31, 2016 | 48.94 Mn |
| Sep 30, 2016 | 52.95 Mn |
| Jun 30, 2016 | 57.41 Mn |
| Mar 31, 2016 | 60.68 Mn |
| Dec 31, 2015 | 51.98 Mn |
| Sep 30, 2015 | 63.95 Mn |
| Jun 30, 2015 | 58.68 Mn |
Realty Income Interest Expense 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-expense&ticker=O&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense", "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-expense&ticker=O&period=max&api_key=YOUR_API_KEY");
const data = await res.json();