# Realty Income Corporation (O) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Real Estate / Equity Real Estate Investment Trusts (REITs). Price $61.25, market value $58.0 billion.

## Valuation
- **P/E (trailing): 44.7×** (5-yr avg 47.7×, 3-yr avg 45.5×). Realty Income Corporation trades at 44.7× trailing earnings, close to its own five-year average of 47.7×. The Real Estate median in the September 2026 study was 25.2×. Forward P/E is 39.3×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 2.03**. A PEG of 2.03 means the P/E is high relative to expected earnings growth; the price already assumes a lot.
- **Price / sales: 9.6×**. Each dollar of revenue is priced at 9.6×.
- **Price / book: 1.5×**. The shares trade at 1.5× book value; book value is a meaningful part of the valuation.
- **Earnings yield: 2.2%**. The inverse of the P/E: 2.2% of the price is earned each year.

## Profitability
- **Net margin: 18.4%**. 18.4% of each dollar of sales reaches the bottom line.
- **Return on equity: 2.7%**. 2.7% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on assets: 1.8%**. Each dollar of assets produces 1.8% of profit.

## Growth
- **Revenue growth (1 yr): 9.1%** (3-yr 19.8%/yr, 5-yr 28.4%/yr). Revenue grew 9.1% over the last year, against 28.4% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 19.4%** (3-yr -6.3%/yr, 5-yr 0.5%/yr). Earnings per share rose 19.4%, faster than revenue, so margins expanded or the share count shrank.

## Financial health
- **Debt to equity: 0.10**. Debt is 0.10 times equity: a conservative balance sheet.
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 5.31%** ($3.23 per share, trailing). Realty Income Corporation yields 5.31%, an income-level yield.
- **Payout ratio: 276%**. The dividend exceeds earnings (276% payout), which is rarely sustainable outside REITs and one-off years.
- **Consecutive years of increases: 1**. 1 straight year of increases.
- **Dividend growth (5 yr): 5.1%/yr** (1-yr 21.5%). The dividend has grown 5.1% a year over five years.

## Analyst view
- **Analyst consensus: buy** (20 analysts). 20 analysts cover Realty Income Corporation; the consensus is buy, with an average price target of $68.16 (+11% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 9.9%** (YTD 11.5%, 3-mo 1.1%). The shares are up 9.9% over twelve months including dividends.
- **From 52-week high: -9.8%** (9.6% above the low). Trading 10% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 39**. An RSI of 39 is neutral.
- **Beta (1 yr): -0.05** (volatility 16%). Beta of -0.05 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=O · Page: https://foliofundamentals.com/stocks/o

Not investment advice.