Realty Income (O) Operating Leases (2010 - 2026)
Realty Income (O) posted Operating Leases of $1.5 billion for Q1 2026, down 1.03% sequentially from $1.5 billion in Q4 2025, and down 8.11% YoY from $1.6 billion in Q1 2025.
Realty Income (O) Operating Leases (2010 - 2026) Analysis & Trends
Realty Income has reported Operating Leases for 13 years, with the latest figure at $1.5 billion in Q1 2026.
- Quarterly Operating Leases fell 8.11% year-over-year to $1.5 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.5 billion (down 8.11% YoY) and the FY2025 annual result came in at $1.5 billion, down 8.67% from the prior year.
- Operating Leases declined to $1.5 billion in Q1 2026 per O's latest filing, from $1.5 billion in the prior quarter.
- Over five years, Operating Leases peaked at $1.7 billion in Q1 2024 and troughed at $1.3 billion in Q2 2022.
- A 5-year average of $1.5 billion and a median of $1.5 billion in 2026 frame the typical range for Operating Leases.
- The sharpest annual moves came in 2022 and 2025: Operating Leases soared 330.18% in 2022, then declined 8.85% in 2025.
- Over 5 years, Operating Leases stood at $1.4 billion in 2022, then grew by 1.99% to $1.4 billion in 2023, then grew by 16.27% to $1.6 billion in 2024, then decreased by 8.67% to $1.5 billion in 2025, then decreased by 1.03% to $1.5 billion in 2026.
- According to Business Quant data, Operating Leases over the past three periods registered $1.5 billion, $1.5 billion, and $1.5 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Simon Property | 71.93 Bn | 71.93 Bn | 1.76 Bn |
| 2 | Realty Income | 57.54 Bn | 57.54 Bn | - |
| 3 | Kimco Realty | 16.10 Bn | 16.10 Bn | 455.67 Mn |
| 4 | Federal Realty Investment Trust | 10.06 Bn | 10.06 Bn | 271.22 Mn |
| 5 | Agree Realty | 8.81 Bn | 8.80 Bn | - |
| 6 | Nnn Reit | 8.64 Bn | 8.64 Bn | - |
| 7 | Macerich | 6.69 Bn | 6.69 Bn | 171.77 Mn |
| 8 | Essential Properties Realty Trust | 6.50 Bn | 6.50 Bn | - |
| 9 | Kite Realty Group Trust | 5.29 Bn | 5.29 Bn | - |
| 10 | Phillips Edison & Company | 5.01 Bn | 5.01 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.46 Bn |
| Mar 31, 2026 | 1.48 Bn |
| Dec 31, 2025 | 1.49 Bn |
| Sep 30, 2025 | 1.53 Bn |
| Jun 30, 2025 | 1.58 Bn |
| Mar 31, 2025 | 1.61 Bn |
| Dec 31, 2024 | 1.64 Bn |
| Sep 30, 2024 | 1.68 Bn |
| Jun 30, 2024 | 1.70 Bn |
| Mar 31, 2024 | 1.74 Bn |
| Dec 31, 2023 | 1.41 Bn |
| Sep 30, 2023 | 1.43 Bn |
| Jun 30, 2023 | 1.44 Bn |
| Mar 31, 2023 | 1.45 Bn |
| Dec 31, 2022 | 1.38 Bn |
| Sep 30, 2022 | 1.37 Bn |
| Jun 30, 2022 | 1.35 Bn |
| Mar 31, 2022 | 1.35 Bn |
| Dec 31, 2021 | 1.31 Bn |
| Sep 30, 2021 | 341.68 Mn |