Realty Income (O) Operating Leases (2010 - 2026)
Realty Income's (O) quarterly Operating Leases came in at $1.5 billion in Q2 2026, down 7.84% year-over-year from $1.6 billion in Q2 2025, and down 1.45% quarter-over-quarter from $1.5 billion in Q1 2026.
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 Q2 2026.
- In Q2 2026, Operating Leases fell 7.84% year-over-year to $1.5 billion; the TTM figure through Jun 2026 stood at $1.5 billion (down 7.84% YoY), while the FY2025 annual figure was $1.5 billion, down 8.67% from the prior year.
- Operating Leases came in at $1.5 billion for Q2 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.
- Average Operating Leases over 5 years is $1.5 billion, with a median of $1.5 billion recorded in 2026.
- Year-over-year, Operating Leases surged 330.18% in 2022 and dropped 8.85% in 2025.
- Over 5 years, 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 retreated by 2.47% to $1.5 billion in 2026.
- Per Business Quant data, the three most recent Operating Leases figures were $1.5 billion in Q2 2026, $1.5 billion in Q1 2026, and $1.5 billion in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Welltower | 165.94 Bn | 165.00 Bn | 1.39 Bn |
| 2 | Prologis | 126.84 Bn | 131.24 Bn | 2.41 Bn |
| 3 | Simon Property | 67.22 Bn | 68.48 Bn | 1.76 Bn |
| 4 | Realty Income | 53.47 Bn | 55.85 Bn | - |
| 5 | Public Storage | 50.86 Bn | 50.70 Bn | 1.20 Bn |
| 6 | Ventas | 44.55 Bn | 44.86 Bn | 1.73 Bn |
| 7 | Extra Space Storage | 28.52 Bn | 29.39 Bn | 642.43 Mn |
| 8 | Vici Properties | 26.41 Bn | 25.98 Bn | 1.05 Bn |
| 9 | Vivmark Residential | 23.37 Bn | 23.56 Bn | - |
| 10 | Invitation Homes | 16.02 Bn | 16.06 Bn | 705.34 Mn |
Historic 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 |
Realty Income Operating Leases 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=operating-leases&ticker=O&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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=operating-leases&ticker=O&period=max&api_key=YOUR_API_KEY");
const data = await res.json();