O
Realty IncomePrevious close
56.93
Change
−0.27 / −0.47%
P/E (TTM) ?
42.8
Market Cap
$54.2B
1M
+4.84%
S&P 500 −0.91% over same period
Volume / Avg Volume
10.1M / 7.1M
1.42× average
Latest earnings analysisFY2026 Q2Reported 2026-08-05
Realty Income Q2 2026: revenue up 9.7%, AFFO per share $1.09
Realty Income delivered the steady quarter its net-lease model promises: revenue of $1.55 billion, up 9.7% from a year ago, and AFFO per share of $1.09, up 3.8%. The growth came from buying properties rather than raising rents — same store rental revenue rose only 1.2%. Guidance for the year was nudged higher. Read the GAAP profit line knowing it swings on write-downs and property sales, not on rent collection.
Read the full analysis →Revenue$1.55BYoY +9.70%
EPS (non-GAAP)$1.09Beatest. $0.42
Next-day move−0.54%
Recent Earnings
Click to read the FinDog analysis| Period | Reported | Revenue | Analysis |
|---|---|---|---|
| FY2026 Q2 Quarter ended 2026-06 | 2026-08-05 | $1.5B | Read analysis → |
| FY2026 Q1 Quarter ended 2026-03 | 2026-05-06 | $1.5B | Pending |
| FY2025 Q4 Quarter ended 2025-12 | 2026-02-24 | $5.7B | Pending |
| FY2025 Q3 Quarter ended 2025-09 | 2025-11-03 | $1.5B | Pending |
| FY2025 Q2 Quarter ended 2025-06 | 2025-08-06 | $1.4B | Pending |
| FY2025 Q1 Quarter ended 2025-03 | 2025-05-05 | $1.4B | Pending |
Decision Panel
Trends · Valuation · Earnings reaction · Guidance credibility — all from company filings and market dataValuation
P/E is at percentile 23 of its 5-year rangeCheap
5-year range 39.2 – 58.4 · Median 52.0
Last 4 quarters: $102M in buybacks + $3.0B in dividends, 5.72% of market cap combined
P/E (TTM)
42.8
P/B
1.4
P/S
9.0
Dividend Yield
5.70%
Earnings Reaction
Over the last 6 reports, the stock moved ±1.5% on average on the first trading day after, rising 1 times
Most recent −0.54%
Volatility & Correlation
1-year beta -0.08 · Correlation with S&P 500 -0.06Low beta
Annualized volatility 17% vs. 13% for the S&P 500
Insider Trading
View all →Last 90 days · Open-market buys and sells by officers and directors · Amounts in USD millions
Buy 0 · $0.00MSell 1 · $0.21MNet selling $0.21M
- 09-10McLaughlin GregoryDirectorSell$0.21M3,475 shares · Avg price 60.15
Multi-Quarter Financial Trends
View all quarters →Last 12 quarters · As reported by the company
| Quarter | Revenue ($B) | YoY | Gross Margin | Net Income ($B) | EPS |
|---|---|---|---|---|---|
| FY2026 Q2 | 1.55 | +9.7% | — | — | 0.37 |
| FY2026 Q1 | 1.55 | +12.2% | — | — | 0.33 |
| FY2025 Q4 | 1.49 | +11.0% | — | 0.30 | 0.32 |
| FY2025 Q3 | 1.47 | +10.5% | — | 0.32 | 0.35 |
| FY2025 Q2 | 1.41 | +5.3% | — | 0.20 | 0.22 |
| FY2025 Q1 | 1.38 | +9.5% | — | 0.25 | 0.28 |
| FY2024 Q4 | 1.34 | +24.5% | — | 0.20 | 0.23 |
| FY2024 Q3 | 1.33 | +28.1% | — | 0.27 | 0.30 |
| FY2024 Q2 | 1.34 | +31.4% | — | 0.26 | 0.29 |
| FY2024 Q1 | 1.26 | +33.5% | — | 0.13 | 0.16 |
| FY2023 Q4 | 1.08 | +21.1% | — | 0.22 | 0.30 |
| FY2023 Q3 | 1.04 | +24.1% | — | 0.23 | 0.33 |