KPIs & Operating Metrics(New)

Realty Income (O) Net Margin (2016 - 2025)

Realty Income's Net Margin history spans 17 years, with the latest figure at 19.9% for Q4 2025.

  • For Q4 2025, Net Margin rose 501.0% year-over-year to 19.9%; the TTM value through Dec 2025 reached 18.41%, up 233.0%, while the annual FY2025 figure was 18.41%, 233.0% up from the prior year.
  • Net Margin for Q4 2025 was 19.9% at Realty Income, down from 21.47% in the prior quarter.
  • Across five years, Net Margin topped out at 27.62% in Q2 2022 and bottomed at 0.66% in Q4 2021.
  • The 5-year median for Net Margin is 20.88% (2023), against an average of 20.23%.
  • The largest annual shift saw Net Margin plummeted -2760bps in 2021 before it surged 2504bps in 2022.
  • A 5-year view of Net Margin shows it stood at 0.66% in 2021, then skyrocketed by 3820bps to 25.69% in 2022, then dropped by -21bps to 20.29% in 2023, then fell by -27bps to 14.89% in 2024, then soared by 34bps to 19.9% in 2025.
  • Per Business Quant, the three most recent readings for O's Net Margin are 19.9% (Q4 2025), 21.47% (Q3 2025), and 13.96% (Q2 2025).