Realty Income (O) Return on Invested Capital [ROIC] (2021 - 2026)
Realty Income (O) posted Return on Invested Capital [ROIC] of 5.36% for Q2 2026, up 0.75 percentage points from 4.61% a year earlier and up 0.25 percentage points from the prior quarter.
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Analysis
Realty Income (O) Return on Invested Capital [ROIC] (2021 - 2026) Analysis & Trends
For FY2025, Realty Income's Return on Invested Capital [ROIC] came in at 5.06%, up 0.33 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] shows a five-year change of -1.37 percentage points (FY2020 to FY2025).
- In prior years, Realty Income's Return on Invested Capital [ROIC] was 4.73% in FY2024 (-0.05 pp), 4.78% in FY2023 (+0.21 pp), 4.57% in FY2022 (+1.15 pp) and 3.42% in FY2021 (-3.01 pp).
- The Q2 2026 figure stands as the highest quarterly Return on Invested Capital [ROIC] since Q3 2021.
- On a year-over-year basis, Return on Invested Capital [ROIC] has increased in each of the last six quarters, with an average year-over-year change of +0.40 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Invested Capital [ROIC] in the past five years was Q1 2023, with a gain of 1.62 percentage points; the weakest was Q1 2022, with a drop of 2.44 percentage points.
- According to Business Quant data, Return on Invested Capital [ROIC] for the three prior quarters was 5.11% (Q1 2026), 5.07% (Q4 2025) and 4.82% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 164.16 Bn | 145.65 Bn | 1.39 Bn | -12.89% |
| 2 | Prologis | 123.69 Bn | 118.73 Bn | - | 5.04% |
| 3 | Simon Property | 64.74 Bn | 60.59 Bn | - | 15.56% |
| 4 | Realty Income | 51.42 Bn | 49.64 Bn | - | 5.36% |
| 5 | Public Storage | 50.52 Bn | 49.51 Bn | - | 14.53% |
| 6 | Ventas | 41.09 Bn | 39.78 Bn | - | 3.16% |
| 7 | Extra Space Storage | 28.14 Bn | 28.14 Bn | 642.43 Mn | - |
| 8 | Vici Properties | 24.92 Bn | 23.03 Bn | 1.05 Bn | 7.84% |
| 9 | Vivmark Residential | 22.68 Bn | 22.46 Bn | - | 8.87% |
| 10 | Essex Property Trust | 17.28 Bn | 17.04 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.36% |
| Mar 31, 2026 | 5.11% |
| Dec 31, 2025 | 5.07% |
| Sep 30, 2025 | 4.82% |
| Jun 30, 2025 | 4.61% |
| Mar 31, 2025 | 4.70% |
| Dec 31, 2024 | 4.39% |
| Sep 30, 2024 | 4.31% |
| Jun 30, 2024 | 4.02% |
| Mar 31, 2024 | 4.02% |
| Dec 31, 2023 | 4.56% |
| Sep 30, 2023 | 4.55% |
| Jun 30, 2023 | 4.50% |
| Mar 31, 2023 | 4.53% |
| Dec 31, 2022 | 4.47% |
| Sep 30, 2022 | 3.72% |
| Jun 30, 2022 | 3.33% |
| Mar 31, 2022 | 2.90% |
| Dec 31, 2021 | 3.19% |
| Sep 30, 2021 | 5.66% |
API Access
Realty Income Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=O&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=O&period=max&api_key=YOUR_API_KEY");
const data = await res.json();