Realty Income (O) Notes Payables (2015 - 2026)
Realty Income (O) reported Notes Payables of $1.4 billion for Q2 2026, compared with $98.6 million a year earlier and up 237.4% from the prior quarter.
Realty Income (O) Notes Payables (2015 - 2026) Analysis & Trends
At the end of FY2025, Realty Income posted Notes Payables of $516.8 million, up 667.9% from FY2024.
- Notes Payables has a four-year compound annual growth rate of -13.0% (FY2021 to FY2025).
- By year, Notes Payables came in at $67.3 million in FY2024 (-91.2%), $764.4 million in FY2023 (+8.9%), $701.8 million in FY2022 (-22.1%) and $901.4 million in FY2021.
- The Q2 2026 figure ranks as the highest quarterly Notes Payables since Q4 2018.
- Year over year, Notes Payables gained in three of the last five quarters, with growth averaging 120.2%.
- The high point for year-over-year Notes Payables in five years was Q4 2025 (growth of 667.9%); the low point was Q4 2024 (a decline of 91.2%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $414.9 million (Q1 2026), $516.8 million (Q4 2025) and $469.4 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Welltower | 163.27 Bn | 144.76 Bn | 1.39 Bn |
| 2 | Prologis | 123.38 Bn | 118.42 Bn | - |
| 3 | Simon Property | 64.69 Bn | 60.54 Bn | - |
| 4 | Realty Income | 51.11 Bn | 49.33 Bn | - |
| 5 | Public Storage | 50.26 Bn | 49.25 Bn | - |
| 6 | Ventas | 40.91 Bn | 39.60 Bn | - |
| 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 |
| 9 | Vivmark Residential | 22.68 Bn | 22.46 Bn | - |
| 10 | Essex Property Trust | 17.33 Bn | 17.10 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.40 Bn |
| Mar 31, 2026 | 414.90 Mn |
| Dec 31, 2025 | 516.80 Mn |
| Sep 30, 2025 | 469.40 Mn |
| Jun 30, 2025 | 98.60 Mn |
| Mar 31, 2025 | 413.40 Mn |
| Dec 31, 2024 | 67.30 Mn |
| Jun 30, 2024 | 302.20 Mn |
| Mar 31, 2024 | 216.00 Mn |
| Dec 31, 2023 | 764.40 Mn |
| Sep 30, 2023 | 376.80 Mn |
| Jun 30, 2023 | 122.70 Mn |
| Mar 31, 2023 | 157.50 Mn |
| Dec 31, 2022 | 701.80 Mn |
| Sep 30, 2022 | 723.80 Mn |
| Jun 30, 2022 | 950.00 Mn |
| Mar 31, 2022 | 950.00 Mn |
| Dec 31, 2021 | 901.40 Mn |
| Sep 30, 2021 | 405.00 Mn |
| Jun 30, 2021 | 650.00 Mn |
Realty Income Notes Payables 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=notes-payables&ticker=O&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "notes-payables", "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=notes-payables&ticker=O&period=max&api_key=YOUR_API_KEY");
const data = await res.json();