Realty Income (O) Rental Revenue (2009 - 2026)
Realty Income (O) posted Rental Revenue of $1.48 billion for Q3 2026, up 7.0% from $1.39 billion a year earlier and up 4.0% from the prior quarter.
Realty Income (O) Rental Revenue (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Rental Revenue at Realty Income was $5.75 billion, up 8.1% year-over-year; for FY2025, it was $5.44 billion, up 7.8% from FY2024.
- Annual Rental Revenue has increased for 16 consecutive years, with a five-year compound annual growth rate of 27.1% (FY2020 to FY2025).
- In prior years, Realty Income's Rental Revenue was $5.04 billion in FY2024 (+27.4%), $3.96 billion in FY2023 (+20.0%), $3.3 billion in FY2022 (+59.8%) and $2.07 billion in FY2021 (+26.0%).
- The Q3 2026 figure stands as the highest quarterly Rental Revenue in data going back to Q2 2009.
- On a year-over-year basis, Rental Revenue has increased in each of the last 31 quarters, with growth averaging 9.9% over the last eight quarters.
- Over the past five years, the year-over-year growth in Rental Revenue ranged from 4.2% (Q2 2025) to 82.0% (Q1 2022).
- According to Business Quant data, Rental Revenue for the three prior quarters was $1.43 billion (Q2 2026), $1.44 billion (Q1 2026) and $1.4 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 179.36 Bn | 166.43 Bn | 1.47 Bn | 488.64 Mn |
| 2 | Prologis | 122.34 Bn | 120.73 Bn | - | 2.21 Bn |
| 3 | Simon Property | 79.95 Bn | 78.05 Bn | - | 1.68 Bn |
| 4 | Public Storage | 62.14 Bn | 61.58 Bn | 112.08 Mn | - |
| 5 | Realty Income | 55.95 Bn | 57.33 Bn | - | 1.48 Bn |
| 6 | Ventas | 47.02 Bn | 46.18 Bn | -3.39 Bn | 362.72 Mn |
| 7 | Ryman Hospitality Properties | 46.62 Bn | 45.46 Bn | 266.41 Mn | 219.41 Mn |
| 8 | Vivmark Residential | 37.34 Bn | 37.09 Bn | - | 1.19 Bn |
| 9 | Extra Space Storage | 33.12 Bn | 32.90 Bn | 650.96 Mn | 760.84 Mn |
| 10 | Vici Properties | 27.54 Bn | 26.32 Bn | 1.06 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.48 Bn |
| Jun 30, 2026 | 1.43 Bn |
| Mar 31, 2026 | 1.44 Bn |
| Dec 31, 2025 | 1.40 Bn |
| Sep 30, 2025 | 1.39 Bn |
| Jun 30, 2025 | 1.34 Bn |
| Mar 31, 2025 | 1.31 Bn |
| Dec 31, 2024 | 1.28 Bn |
| Sep 30, 2024 | 1.27 Bn |
| Jun 30, 2024 | 1.28 Bn |
| Mar 31, 2024 | 1.21 Bn |
| Dec 31, 2023 | 1.03 Bn |
| Sep 30, 2023 | 1.01 Bn |
| Jun 30, 2023 | 995.29 Mn |
| Mar 31, 2023 | 925.29 Mn |
| Dec 31, 2022 | 873.39 Mn |
| Sep 30, 2022 | 825.95 Mn |
| Jun 30, 2022 | 800.80 Mn |
| Mar 31, 2022 | 799.57 Mn |
| Dec 31, 2021 | 679.04 Mn |
Realty Income Rental Revenue 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=rental-revenue&ticker=O&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "rental-revenue", "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=rental-revenue&ticker=O&period=max&api_key=YOUR_API_KEY");
const data = await res.json();