Realty Income (O) Price to Earnings (2010 - 2026)
Realty Income's (O) Price to Earnings stood at 38.09 in Q3 2026, down 34.5% from 58.12 a year earlier and down 17.6% from the prior quarter.
Analysis
Realty Income (O) Price to Earnings (2010 - 2026) Analysis & Trends
For FY2025, Realty Income's Price to Earnings came in at 49.73, down 11.4% from FY2024.
- Across earlier years, Price to Earnings came in at 56.16 in FY2024 (+13.4%), 49.53 in FY2023 (+2.8%), 48.17 in FY2022 (-41.6%) and 82.56 in FY2021 (+50.0%).
- The Q3 2026 figure is the lowest quarterly Price to Earnings since Q1 2020.
- On a year-over-year basis, Price to Earnings has declined for five consecutive quarters, with an average decline of 9.1% over the last eight quarters.
- Peak year-over-year performance for Price to Earnings in the last five years was growth of 56.1% in Q3 2024, against a decline of 47.1% in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 46.25 (Q2 2026), 50.91 (Q1 2026) and 49.73 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Welltower | 177.74 Bn | 163.76 Bn | 1.47 Bn |
| 2 | Prologis | 120.05 Bn | 114.00 Bn | - |
| 3 | Simon Property | 74.18 Bn | 70.24 Bn | - |
| 4 | Public Storage | 62.09 Bn | 60.82 Bn | - |
| 5 | Realty Income | 55.76 Bn | 54.03 Bn | - |
| 6 | Ventas | 45.60 Bn | 44.27 Bn | - |
| 7 | Extra Space Storage | 33.58 Bn | 32.49 Bn | 650.96 Mn |
| 8 | Vici Properties | 27.29 Bn | 25.64 Bn | 1.06 Bn |
| 9 | Vivmark Residential | 24.52 Bn | 24.30 Bn | - |
| 10 | Essex Property Trust | 17.52 Bn | 17.27 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 38.09 |
| Jun 30, 2026 | 46.25 |
| Mar 31, 2026 | 50.91 |
| Dec 31, 2025 | 49.73 |
| Sep 30, 2025 | 58.12 |
| Jun 30, 2025 | 58.00 |
| Mar 31, 2025 | 54.12 |
| Dec 31, 2024 | 56.16 |
| Sep 30, 2024 | 64.04 |
| Jun 30, 2024 | 54.87 |
| Mar 31, 2024 | 60.63 |
| Dec 31, 2023 | 49.53 |
| Sep 30, 2023 | 41.03 |
| Jun 30, 2023 | 48.86 |
| Mar 31, 2023 | 47.63 |
| Dec 31, 2022 | 48.17 |
| Sep 30, 2022 | 56.49 |
| Jun 30, 2022 | 75.06 |
| Mar 31, 2022 | 90.06 |
| Dec 31, 2021 | 82.56 |
API Access
Realty Income Price to Earnings 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=price-to-earnings&ticker=O&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-earnings", "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=price-to-earnings&ticker=O&period=max&api_key=YOUR_API_KEY");
const data = await res.json();