Realty Income (O) Operating Leases (2010 - 2026)

Realty Income's (O) quarterly Operating Leases came in at $1.5 billion in Q1 2026, down 8.11% year-on-year from $1.6 billion in Q1 2025, and down 1.03% quarter-over-quarter from $1.5 billion in Q4 2025.

Realty Income (O) Operating Leases (2010 - 2026) Analysis & Trends

Realty Income has disclosed Operating Leases across 13 years of filings, most recently posting $1.5 billion for Q1 2026.

  • Operating Leases for Q1 2026 came in at $1.5 billion, down 8.11% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.5 billion (down 8.11% YoY), and the FY2025 annual result was $1.5 billion, down 8.67% from the prior year.
  • Operating Leases came in at $1.5 billion for Q1 2026 at Realty Income, down from $1.5 billion in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $1.7 billion in Q1 2024 to a low of $1.3 billion in Q2 2022.
  • The 5-year median for Operating Leases is $1.5 billion (2026), against an average of $1.5 billion.
  • Across the five-year window, Operating Leases jumped 330.18% in 2022 and slipped 8.85% in 2025, its largest moves.
  • Realty Income's Operating Leases stood at $1.4 billion in 2022, then advanced by 1.99% to $1.4 billion in 2023, then advanced by 16.27% to $1.6 billion in 2024, then fell by 8.67% to $1.5 billion in 2025, then fell by 1.03% to $1.5 billion in 2026.
  • The last three Operating Leases figures came in at $1.5 billion (Q1 2026), $1.5 billion (Q4 2025), and $1.5 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Simon Property 69.18 Bn 69.56 Bn 1.76 Bn
2 Realty Income 55.47 Bn 56.16 Bn -
3 Kimco Realty 17.00 Bn 17.03 Bn 447.43 Mn
4 Regency Centers 14.85 Bn 14.97 Bn -
5 Federal Realty Investment Trust 10.68 Bn 10.75 Bn 265.49 Mn
6 Agree Realty 8.92 Bn 8.90 Bn -
7 Nnn Reit 8.68 Bn 8.68 Bn -
8 Essential Properties Realty Trust 6.37 Bn 6.38 Bn -
9 Macerich 6.30 Bn 6.10 Bn 158.29 Mn
10 Kite Realty Group Trust 6.26 Bn 6.38 Bn -

Historic Data

Download Data
DateValue
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
Jun 30, 2021 319.50 Mn