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| Date | Value |
|---|---|
| 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 |