Realty Income (O) Non-Current Debt (2009 - 2026)
Realty Income (O) recorded Non-Current Debt of $2.76 billion in Q2 2026, up 41.2% from $1.96 billion a year earlier and up 16.4% from the prior quarter.
Realty Income (O) Non-Current Debt (2009 - 2026) Analysis & Trends
At the end of FY2025, Realty Income reported Non-Current Debt of $1.7 billion, down 27.8% from FY2024.
- Annual Non-Current Debt has a five-year compound annual growth rate of 41.5% (FY2020 to FY2025).
- Across earlier years, Non-Current Debt came in at $2.36 billion in FY2024 (+77.1%), $1.33 billion in FY2023 (+56.0%), $853.93 million in FY2022 (-25.2%) and $1.14 billion in FY2021 (+280.2%).
- The Q2 2026 figure is the highest quarterly Non-Current Debt in data going back to Q4 2009.
- On a year-over-year basis, Non-Current Debt rose in four of the last eight quarters, with growth averaging 16.1%.
- Peak year-over-year performance for Non-Current Debt in the last five years was growth of 287.8% in Q1 2022, against a decline of 32.6% in Q3 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $2.37 billion (Q1 2026), $1.7 billion (Q4 2025) and $1.64 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 163.27 Bn | 144.76 Bn | 1.39 Bn | 14.30 Bn |
| 2 | Prologis | 123.38 Bn | 118.42 Bn | - | 1.85 Bn |
| 3 | Simon Property | 64.69 Bn | 60.54 Bn | - | 15.83 Mn |
| 4 | Realty Income | 51.11 Bn | 49.33 Bn | - | 2.76 Bn |
| 5 | Public Storage | 50.26 Bn | 49.25 Bn | - | 167.43 Mn |
| 6 | Ventas | 40.91 Bn | 39.60 Bn | - | -265.92 Mn |
| 7 | Extra Space Storage | 28.00 Bn | 28.00 Bn | 642.43 Mn | 461.00 Mn |
| 8 | Vici Properties | 24.79 Bn | 22.91 Bn | 1.05 Bn | - |
| 9 | Vivmark Residential | 22.68 Bn | 22.46 Bn | - | 1.59 Bn |
| 10 | Essex Property Trust | 17.33 Bn | 17.10 Bn | - | 5.57 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.76 Bn |
| Mar 31, 2026 | 2.37 Bn |
| Dec 31, 2025 | 1.70 Bn |
| Sep 30, 2025 | 1.64 Bn |
| Jun 30, 2025 | 1.96 Bn |
| Mar 31, 2025 | 2.39 Bn |
| Dec 31, 2024 | 2.36 Bn |
| Sep 30, 2024 | 2.43 Bn |
| Jun 30, 2024 | 2.37 Bn |
| Mar 31, 2024 | 2.37 Bn |
| Dec 31, 2023 | 1.33 Bn |
| Sep 30, 2023 | 1.29 Bn |
| Jun 30, 2023 | 1.32 Bn |
| Mar 31, 2023 | 1.30 Bn |
| Dec 31, 2022 | 853.93 Mn |
| Sep 30, 2022 | 855.36 Mn |
| Jun 30, 2022 | 947.11 Mn |
| Mar 31, 2022 | 1.09 Bn |
| Dec 31, 2021 | 1.14 Bn |
| Sep 30, 2021 | 285.62 Mn |
Realty Income Non-Current Debt 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=non-current-debt&ticker=O&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-debt", "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=non-current-debt&ticker=O&period=max&api_key=YOUR_API_KEY");
const data = await res.json();