KPIs & Operating Metrics(New)

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

Realty Income (O) has disclosed Net Margin for 17 consecutive years, with 19.9% as the latest value for Q4 2025.

  • Quarterly Net Margin rose 501.0% to 19.9% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 18.41% through Dec 2025, up 233.0% year-over-year, with the annual reading at 18.41% for FY2025, 233.0% up from the prior year.
  • Net Margin hit 19.9% in Q4 2025 for Realty Income, down from 21.47% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 27.62% in Q2 2022 to a low 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.
  • Year by year, Net Margin stood at 0.65% in 2021, then surged by 3840bps to 25.69% in 2022, then fell by -21bps to 20.29% in 2023, then dropped by -27bps to 14.89% in 2024, then skyrocketed 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.