Realty Income (O) Other Operating Expenses (2009 - 2026)
Realty Income (O) reported Other Operating Expenses of $1.13 billion for Q2 2026, down 4.4% from $1.18 billion a year earlier and down 3.2% from the prior quarter.
Realty Income (O) Other Operating Expenses (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Realty Income's Other Operating Expenses came in at $4.58 billion, up 2.8% year-over-year; for FY2025, it came in at $4.56 billion, up 8.1% from FY2024.
- Other Operating Expenses has increased for six consecutive years, with a five-year compound annual growth rate of 29.8% (FY2020 to FY2025).
- By year, Other Operating Expenses came in at $4.22 billion in FY2024 (+39.2%), $3.03 billion in FY2023 (+26.9%), $2.39 billion in FY2022 (+71.3%) and $1.39 billion in FY2021 (+12.6%).
- Five-year quarterly Other Operating Expenses spans a low of $315.66 million in Q3 2021 and a high of $1.18 billion in Q2 2025.
- Year over year, Other Operating Expenses gained in seven of the last eight quarters, with growth averaging 14.0%.
- The high point for year-over-year Other Operating Expenses in five years was Q1 2022 (growth of 101.8%); the low point was Q3 2021 (a decline of 16.1%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $1.17 billion (Q1 2026), $1.16 billion (Q4 2025) and $1.12 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Welltower | 163.27 Bn | 144.76 Bn | 1.39 Bn |
| 2 | Prologis | 123.38 Bn | 118.42 Bn | - |
| 3 | Simon Property | 64.69 Bn | 60.54 Bn | - |
| 4 | Realty Income | 51.11 Bn | 49.33 Bn | - |
| 5 | Public Storage | 50.26 Bn | 49.25 Bn | - |
| 6 | Ventas | 40.91 Bn | 39.60 Bn | - |
| 7 | Extra Space Storage | 28.00 Bn | 28.00 Bn | 642.43 Mn |
| 8 | Vici Properties | 24.79 Bn | 22.91 Bn | 1.05 Bn |
| 9 | Vivmark Residential | 22.68 Bn | 22.46 Bn | - |
| 10 | Essex Property Trust | 17.33 Bn | 17.10 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.13 Bn |
| Mar 31, 2026 | 1.17 Bn |
| Dec 31, 2025 | 1.16 Bn |
| Sep 30, 2025 | 1.12 Bn |
| Jun 30, 2025 | 1.18 Bn |
| Mar 31, 2025 | 1.10 Bn |
| Dec 31, 2024 | 1.11 Bn |
| Sep 30, 2024 | 1.05 Bn |
| Jun 30, 2024 | 1.05 Bn |
| Mar 31, 2024 | 1.00 Bn |
| Dec 31, 2023 | 793.33 Mn |
| Sep 30, 2023 | 767.48 Mn |
| Jun 30, 2023 | 780.65 Mn |
| Mar 31, 2023 | 688.18 Mn |
| Dec 31, 2022 | 648.03 Mn |
| Sep 30, 2022 | 590.79 Mn |
| Jun 30, 2022 | 579.43 Mn |
| Mar 31, 2022 | 569.55 Mn |
| Dec 31, 2021 | 485.67 Mn |
| Sep 30, 2021 | 315.66 Mn |
Realty Income Other Operating Expenses 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=other-operating-expenses&ticker=O&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-operating-expenses", "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=other-operating-expenses&ticker=O&period=max&api_key=YOUR_API_KEY");
const data = await res.json();