Realty Income (O) Tax Rate (2020 - 2026)
Realty Income's (O) quarterly Tax Rate came in at 6.51% in Q2 2026, down 428.0% year-over-year from 1.99% in Q2 2025, and down 13.71% quarter-over-quarter from 7.55% in Q1 2026.
Realty Income (O) Tax Rate (2020 - 2026) Analysis & Trends
Realty Income has disclosed Tax Rate across 7 years of filings, most recently posting 6.51% for Q2 2026.
- In Q2 2026, Tax Rate fell 428.0% year-over-year to 6.51%; the TTM figure through Jun 2026 stood at 6.93% (down 60.0% YoY), while the FY2025 annual figure was 7.39%, up 26.0% from the prior year.
- Tax Rate came in at 6.51% for Q2 2026 at Realty Income, down from 7.55% 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.
- Average Tax Rate over 5 years is 6.51%, with a median of 6.15% recorded in 2022.
- Year-over-year, Tax Rate tumbled 6545 bps in 2022 and jumped 536 bps in 2024.
- Over 5 years, 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 dropped by 3 bps to 6.51% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 6.51% in Q2 2026, 7.55% in Q1 2026, and 6.74% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 165.94 Bn | 165.00 Bn | 1.39 Bn | -19.34% |
| 2 | Prologis | 126.84 Bn | 131.24 Bn | 2.41 Bn | 8.78% |
| 3 | Simon Property | 67.22 Bn | 68.48 Bn | 1.76 Bn | -1.10% |
| 4 | Realty Income | 53.47 Bn | 55.85 Bn | - | 6.51% |
| 5 | Public Storage | 50.86 Bn | 50.70 Bn | 1.20 Bn | 0.54% |
| 6 | Ventas | 44.55 Bn | 44.86 Bn | 1.73 Bn | -47.23% |
| 7 | Extra Space Storage | 28.52 Bn | 29.39 Bn | 642.43 Mn | 4.45% |
| 8 | Vici Properties | 26.41 Bn | 25.98 Bn | 1.05 Bn | -0.09% |
| 9 | Vivmark Residential | 23.37 Bn | 23.56 Bn | - | 0.34% |
| 10 | Invitation Homes | 16.02 Bn | 16.06 Bn | 705.34 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.51% |
| Mar 31, 2026 | 7.55% |
| Dec 31, 2025 | 6.74% |
| Sep 30, 2025 | 6.98% |
| Jun 30, 2025 | 10.79% |
| Mar 31, 2025 | 5.86% |
| Dec 31, 2024 | 9.08% |
| Sep 30, 2024 | 5.36% |
| Jun 30, 2024 | 5.65% |
| Mar 31, 2024 | 10.38% |
| Dec 31, 2023 | 6.71% |
| Sep 30, 2023 | 4.62% |
| Jun 30, 2023 | 6.16% |
| Mar 31, 2023 | 5.02% |
| Dec 31, 2022 | 3.95% |
| Sep 30, 2022 | 4.41% |
| Jun 30, 2022 | 6.15% |
| Mar 31, 2022 | 5.21% |
| Dec 31, 2021 | 69.39% |
| Sep 30, 2021 | 4.30% |
Realty Income Tax Rate 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=tax-rate&ticker=O&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=O&period=max&api_key=YOUR_API_KEY");
const data = await res.json();