Realty Income (O) Non Operating Interest Expenses (2009 - 2024)
Realty Income's Non Operating Interest Expenses was $261.26 million in Q3 2024, up 41.9% from $184.12 million a year earlier and up 5.8% from the prior quarter.
Realty Income (O) Non Operating Interest Expenses (2009 - 2024) Analysis & Trends
On a trailing twelve-month basis, Realty Income's Non Operating Interest Expenses was $957.12 million through Sep 30, 2024, up 46.5% year-over-year; for FY2023, it was $730.42 million, up 57.0% from FY2022.
- Non Operating Interest Expenses has now increased for seven consecutive years, with a five-year compound annual growth rate of 22.4% (FY2018 to FY2023).
- In earlier years, Non Operating Interest Expenses was $465.22 million in FY2022 (+43.7%), $323.64 million in FY2021 (+4.6%), $309.34 million in FY2020 (+6.3%) and $290.99 million in FY2019 (+9.4%).
- The Q3 2024 figure marks the highest quarterly Non Operating Interest Expenses in data going back to Q2 2009.
- Compared with a year earlier, Non Operating Interest Expenses has increased for 12 straight quarters, with growth averaging 48.7% over the last eight quarters.
- The best year-over-year quarter for Non Operating Interest Expenses over five years was Q2 2023 (growth of 67.0%); the worst was Q2 2021 (a decline of 5.4%).
- Per Business Quant data, O's Non Operating Interest Expenses in the three quarters before Q3 2024 was $246.93 million (Q2 2024), $240.61 million (Q1 2024) and $208.31 million (Q4 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 163.27 Bn | 144.76 Bn | 1.39 Bn | - |
| 2 | Prologis | 123.38 Bn | 118.42 Bn | - | 276.31 Mn |
| 3 | Simon Property | 64.69 Bn | 60.54 Bn | - | 275.66 Mn |
| 4 | Realty Income | 51.11 Bn | 49.33 Bn | - | - |
| 5 | Public Storage | 50.26 Bn | 49.25 Bn | - | 84.78 Mn |
| 6 | Ventas | 40.91 Bn | 39.60 Bn | - | 160.03 Mn |
| 7 | Extra Space Storage | 28.00 Bn | 28.00 Bn | 642.43 Mn | - |
| 8 | Vici Properties | 24.79 Bn | 22.91 Bn | 1.05 Bn | 209.93 Mn |
| 9 | Vivmark Residential | 22.68 Bn | 22.46 Bn | - | 82.46 Mn |
| 10 | Essex Property Trust | 17.33 Bn | 17.10 Bn | - | 66.84 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 261.26 Mn |
| Jun 30, 2024 | 246.93 Mn |
| Mar 31, 2024 | 240.61 Mn |
| Dec 31, 2023 | 208.31 Mn |
| Sep 30, 2023 | 184.12 Mn |
| Jun 30, 2023 | 183.86 Mn |
| Mar 31, 2023 | 154.13 Mn |
| Dec 31, 2022 | 131.29 Mn |
| Sep 30, 2022 | 117.41 Mn |
| Jun 30, 2022 | 110.12 Mn |
| Mar 31, 2022 | 106.40 Mn |
| Dec 31, 2021 | 100.74 Mn |
| Sep 30, 2021 | 76.16 Mn |
| Jun 30, 2021 | 73.67 Mn |
| Mar 31, 2021 | 73.08 Mn |
| Dec 31, 2020 | 78.76 Mn |
| Sep 30, 2020 | 76.81 Mn |
| Jun 30, 2020 | 77.84 Mn |
| Mar 31, 2020 | 75.93 Mn |
| Dec 31, 2019 | 75.07 Mn |
Realty Income Non Operating Interest Expenses 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-operating-interest-expenses&ticker=O&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-operating-interest-expenses", "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-operating-interest-expenses&ticker=O&period=max&api_key=YOUR_API_KEY");
const data = await res.json();