Realty Income (O) Invested Capital (2009 - 2026)
Realty Income's Invested Capital came in at $46.09 billion for Q2 2026, up 11.3% from $41.42 billion a year earlier and up 4.7% from the prior quarter.
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Analysis
Realty Income (O) Invested Capital (2009 - 2026) Analysis & Trends
For FY2025, Realty Income's Invested Capital was $42.34 billion, up 2.1% from FY2024.
- Invested Capital has increased in each of the last six years, with a five-year compound annual growth rate of 30.2% (FY2020 to FY2025).
- Going back by year, Invested Capital was $41.48 billion in FY2024 (+17.8%), $35.2 billion in FY2023 (+15.8%), $30.4 billion in FY2022 (+11.9%) and $27.17 billion in FY2021 (+140.1%).
- The Q2 2026 figure represents the highest quarterly Invested Capital in data going back to Q4 2009.
- Year-over-year, Invested Capital has increased for four consecutive quarters, with growth averaging 7.5% over the last eight quarters.
- Across the past five years, year-over-year growth in Invested Capital ran from 0.0% in Q2 2025 to 140.1% in Q4 2021.
- Business Quant data shows O's Invested Capital at $44.02 billion (Q1 2026), $42.34 billion (Q4 2025) and $41.37 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 175.33 Bn | 162.40 Bn | 1.47 Bn | 65.35 Bn |
| 2 | Prologis | 123.26 Bn | 121.65 Bn | - | 97.17 Bn |
| 3 | Simon Property | 76.07 Bn | 73.28 Bn | - | 34.27 Bn |
| 4 | Public Storage | 62.23 Bn | 61.68 Bn | - | 27.21 Bn |
| 5 | Realty Income | 54.52 Bn | 55.13 Bn | - | 71.22 Bn |
| 6 | Ventas | 45.86 Bn | 45.03 Bn | - | 28.30 Bn |
| 7 | Extra Space Storage | 32.95 Bn | 32.73 Bn | 650.96 Mn | 27.17 Bn |
| 8 | Vici Properties | 27.52 Bn | 25.87 Bn | 1.06 Bn | 46.36 Bn |
| 9 | Vivmark Residential | 23.32 Bn | 23.29 Bn | - | 19.79 Bn |
| 10 | Host Hotels & Resorts | 17.52 Bn | 12.78 Bn | 609.00 Mn | 11.47 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 71.22 Bn |
| Mar 31, 2026 | 68.97 Bn |
| Dec 31, 2025 | 67.41 Bn |
| Sep 30, 2025 | 66.19 Bn |
| Jun 30, 2025 | 66.34 Bn |
| Mar 31, 2025 | 64.97 Bn |
| Dec 31, 2024 | 64.22 Bn |
| Sep 30, 2024 | 64.39 Bn |
| Jun 30, 2024 | 63.36 Bn |
| Mar 31, 2024 | 63.69 Bn |
| Dec 31, 2023 | 54.63 Bn |
| Sep 30, 2023 | 51.80 Bn |
| Jun 30, 2023 | 50.08 Bn |
| Mar 31, 2023 | 47.12 Bn |
| Dec 31, 2022 | 44.93 Bn |
| Sep 30, 2022 | 42.01 Bn |
| Jun 30, 2022 | 42.14 Bn |
| Mar 31, 2022 | 40.94 Bn |
| Dec 31, 2021 | 39.92 Bn |
| Sep 30, 2021 | 22.62 Bn |
API Access
Realty Income Invested Capital 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=invested-capital&ticker=O&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=O&period=max&api_key=YOUR_API_KEY");
const data = await res.json();