Realty Income (O) Return on Invested Capital [ROIC] (2021 - 2026)
Realty Income (O) posted Return on Invested Capital [ROIC] of 3.56% for Q3 2026, up 0.55 percentage points from 3.01% a year earlier and up 0.11 percentage points from the prior quarter.
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 3.22%, up 0.17 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] shows a five-year change of -0.55 percentage points (FY2020 to FY2025).
- In prior years, Realty Income's Return on Invested Capital [ROIC] was 3.05% in FY2024 (-0.10 pp), 3.15% in FY2023 (+0.05 pp), 3.10% in FY2022 (+0.90 pp) and 2.20% in FY2021 (-1.57 pp).
- The Q3 2026 figure stands as the highest quarterly Return on Invested Capital [ROIC] in data going back to Q1 2021.
- On a year-over-year basis, Return on Invested Capital [ROIC] has increased in each of the last seven quarters, with an average year-over-year change of +0.30 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 1.04 percentage points; the weakest was Q1 2022, with a drop of 1.22 percentage points.
- According to Business Quant data, Return on Invested Capital [ROIC] for the three prior quarters was 3.45% (Q2 2026), 3.24% (Q1 2026) and 3.17% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 177.74 Bn | 163.76 Bn | 1.47 Bn | -3.39% |
| 2 | Prologis | 120.05 Bn | 114.00 Bn | - | 4.98% |
| 3 | Simon Property | 74.18 Bn | 70.24 Bn | - | 9.59% |
| 4 | Public Storage | 62.09 Bn | 60.82 Bn | - | 7.86% |
| 5 | Realty Income | 55.76 Bn | 54.03 Bn | - | 3.56% |
| 6 | Ventas | 45.60 Bn | 44.27 Bn | - | 3.05% |
| 7 | Extra Space Storage | 33.58 Bn | 32.49 Bn | 650.96 Mn | 5.30% |
| 8 | Vici Properties | 27.29 Bn | 25.64 Bn | 1.06 Bn | 6.86% |
| 9 | Vivmark Residential | 24.52 Bn | 24.30 Bn | - | 6.19% |
| 10 | Essex Property Trust | 17.52 Bn | 17.27 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 3.56% |
| Jun 30, 2026 | 3.45% |
| Mar 31, 2026 | 3.24% |
| Dec 31, 2025 | 3.17% |
| Sep 30, 2025 | 3.01% |
| Jun 30, 2025 | 2.93% |
| Mar 31, 2025 | 3.04% |
| Dec 31, 2024 | 2.82% |
| Sep 30, 2024 | 2.79% |
| Jun 30, 2024 | 2.63% |
| Mar 31, 2024 | 2.62% |
| Dec 31, 2023 | 2.94% |
| Sep 30, 2023 | 2.96% |
| Jun 30, 2023 | 2.94% |
| Mar 31, 2023 | 3.01% |
| Dec 31, 2022 | 3.02% |
| Sep 30, 2022 | 2.51% |
| Jun 30, 2022 | 2.24% |
| Mar 31, 2022 | 1.97% |
| Dec 31, 2021 | 2.11% |
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_KEY
import 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();