KPIs & Operating Metrics(New)

Realty Income (O) Operating Leases (2017 - 2025)

Realty Income (O) has disclosed Operating Leases for 12 consecutive years, with $1.5 billion as the latest value for Q4 2025.

  • Quarterly Operating Leases fell 8.67% to $1.5 billion in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $1.5 billion through Dec 2025, down 8.67% year-over-year, with the annual reading at $1.5 billion for FY2025, 8.67% down from the prior year.
  • Operating Leases hit $1.5 billion in Q4 2025 for 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 $313.9 million in Q1 2021.
  • Historically, Operating Leases has averaged $1.3 billion across 5 years, with a median of $1.4 billion in 2023.
  • Biggest five-year swings in Operating Leases: soared 330.18% in 2022 and later decreased 8.85% in 2025.
  • Year by year, Operating Leases stood at $1.3 billion in 2021, then rose by 5.44% to $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.
  • Business Quant data shows Operating Leases for O at $1.5 billion in Q4 2025, $1.5 billion in Q3 2025, and $1.6 billion in Q2 2025.