KPIs & Operating Metrics(New)

Realty Income (O) Net Margin (2016 - 2026)

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

  • On a quarterly basis, Net Margin rose 501.0% to 19.9% in Q4 2025 year-over-year; TTM through Dec 2025 was 18.41%, a 233.0% increase, with the full-year FY2025 number at 18.41%, up 233.0% from a year prior.
  • Net Margin hit 19.9% in Q4 2025 for Realty Income, down from 21.47% in the prior quarter.
  • Over the last five years, Net Margin for O hit a ceiling of 27.62% in Q2 2022 and a floor of 0.65% in Q4 2021.
  • Historically, Net Margin has averaged 20.23% across 5 years, with a median of 20.88% in 2023.
  • Biggest five-year swings in Net Margin: tumbled -2761bps in 2021 and later soared 2504bps in 2022.
  • Tracing O's Net Margin over 5 years: stood at 0.65% in 2021, then skyrocketed by 3840bps to 25.69% in 2022, then decreased 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.
  • Business Quant data shows Net Margin for O at 19.9% in Q4 2025, 21.47% in Q3 2025, and 13.96% in Q2 2025.