Realty Income (O) Tax Rate (2020 - 2026)

Realty Income's (O) quarterly Tax Rate came in at 7.55% in Q1 2026, up 168.0% year-on-year from 2.82% in Q1 2025, and up 11.96% quarter-over-quarter from 6.74% in Q4 2025.

Realty Income (O) Tax Rate (2020 - 2026) Analysis & Trends

Realty Income has disclosed Tax Rate across 7 years of filings, most recently posting 7.55% for Q1 2026.

  • Tax Rate for Q1 2026 came in at 7.55%, up 168.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 7.76% (up 142.0% YoY), and the FY2025 annual result was 7.39%, up 26.0% from the prior year.
  • Tax Rate came in at 7.55% for Q1 2026 at Realty Income, up from 6.74% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 10.79% in Q2 2025 to a low of 3.95% in Q4 2022.
  • The 5-year median for Tax Rate is 6.15% (2022), against an average of 6.51%.
  • Across the five-year window, Tax Rate plunged 6545 bps in 2022 and soared 536 bps in 2024, its largest moves.
  • Realty Income's Tax Rate stood at 3.95% in 2022, then surged by 70 bps to 6.71% in 2023, then soared by 35 bps to 9.08% in 2024, then fell by 26 bps to 6.74% in 2025, then gained by 12 bps to 7.55% in 2026.
  • The last three Tax Rate figures came in at 7.55% (Q1 2026), 6.74% (Q4 2025), and 6.98% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Simon Property 70.96 Bn 71.34 Bn 1.76 Bn -1.10%
2 Realty Income 55.47 Bn 56.16 Bn - 7.55%
3 Kimco Realty 17.44 Bn 17.46 Bn 447.43 Mn 0.84%
4 Regency Centers 14.99 Bn 15.11 Bn - -
5 Federal Realty Investment Trust 10.80 Bn 10.87 Bn 265.49 Mn -
6 Agree Realty 9.07 Bn 9.05 Bn - 0.80%
7 Nnn Reit 8.80 Bn 8.80 Bn - -
8 Macerich 6.54 Bn 6.34 Bn 158.29 Mn -
9 Essential Properties Realty Trust 6.48 Bn 6.49 Bn - 0.27%
10 Kite Realty Group Trust 6.37 Bn 6.48 Bn - -

Historic Data

Download Data
DateValue
Mar 31, 2026 7.55%
Mar 31, 2026 7.55%
Dec 31, 2025 6.74%
Dec 31, 2025 6.74%
Sep 30, 2025 6.98%
Sep 30, 2025 6.98%
Jun 30, 2025 10.79%
Jun 30, 2025 10.79%
Mar 31, 2025 5.86%
Mar 31, 2025 5.86%
Dec 31, 2024 9.08%
Dec 31, 2024 9.08%
Sep 30, 2024 5.36%
Sep 30, 2024 5.36%
Jun 30, 2024 5.65%
Jun 30, 2024 5.65%
Mar 31, 2024 10.38%
Mar 31, 2024 10.38%
Dec 31, 2023 6.71%
Dec 31, 2023 6.71%