Realty Income (O) Shares Outstanding (2009 - 2026)
Realty Income (O) recorded Shares Outstanding of 932.31 million in Q2 2026, up 3.2% from 902.97 million a year earlier and unchanged from the prior quarter.
Realty Income (O) Shares Outstanding (2009 - 2026) Analysis & Trends
For FY2025, Realty Income reported Shares Outstanding of 907.17 million, up 5.1% from FY2024.
- Annual Shares Outstanding has increased for 16 straight years, with a five-year compound annual growth rate of 21.3% (FY2020 to FY2025).
- Across earlier years, Shares Outstanding came in at 862.96 million in FY2024 (+24.7%), 692.3 million in FY2023 (+13.2%), 611.77 million in FY2022 (+47.6%) and 414.54 million in FY2021 (+20.1%).
- The Q2 2026 figure is the highest quarterly Shares Outstanding in data going back to Q2 2009.
- On a year-over-year basis, Shares Outstanding has increased for 65 consecutive quarters, with growth averaging 9.5% over the last eight quarters.
- The year-over-year growth in Shares Outstanding has ranged between 3.2% (Q2 2026) and 60.8% (Q2 2022) over the last five years.
- Per Business Quant, the preceding three quarters came in at 931.98 million (Q1 2026), 907.17 million (Q4 2025) and 913.95 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 163.27 Bn | 144.76 Bn | 1.39 Bn | 709.73 Mn |
| 2 | Prologis | 123.38 Bn | 118.42 Bn | - | 933.09 Mn |
| 3 | Simon Property | 64.69 Bn | 60.54 Bn | - | 324.96 Mn |
| 4 | Realty Income | 51.11 Bn | 49.33 Bn | - | 932.31 Mn |
| 5 | Public Storage | 50.26 Bn | 49.25 Bn | - | 175.56 Mn |
| 6 | Ventas | 40.91 Bn | 39.60 Bn | - | 489.29 Mn |
| 7 | Extra Space Storage | 28.00 Bn | 28.00 Bn | 642.43 Mn | 210.96 Mn |
| 8 | Vici Properties | 24.79 Bn | 22.91 Bn | 1.05 Bn | 1.09 Bn |
| 9 | Vivmark Residential | 22.68 Bn | 22.46 Bn | - | 374.18 Mn |
| 10 | Essex Property Trust | 17.33 Bn | 17.10 Bn | - | 64.27 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 932.31 Mn |
| Mar 31, 2026 | 931.98 Mn |
| Dec 31, 2025 | 907.17 Mn |
| Sep 30, 2025 | 913.95 Mn |
| Jun 30, 2025 | 902.97 Mn |
| Mar 31, 2025 | 891.67 Mn |
| Dec 31, 2024 | 862.96 Mn |
| Sep 30, 2024 | 870.67 Mn |
| Jun 30, 2024 | 870.32 Mn |
| Mar 31, 2024 | 834.94 Mn |
| Dec 31, 2023 | 692.30 Mn |
| Sep 30, 2023 | 709.17 Mn |
| Jun 30, 2023 | 674.11 Mn |
| Mar 31, 2023 | 660.46 Mn |
| Dec 31, 2022 | 611.77 Mn |
| Sep 30, 2022 | 617.51 Mn |
| Jun 30, 2022 | 601.67 Mn |
| Mar 31, 2022 | 593.83 Mn |
| Dec 31, 2021 | 414.54 Mn |
| Sep 30, 2021 | 391.91 Mn |
Realty Income Shares Outstanding 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=shares-outstanding&ticker=O&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=O&period=max&api_key=YOUR_API_KEY");
const data = await res.json();