EBITDA for Realty Income (O)
According to Realty Income's latest reported financial statements, the company's current EBITDA (TTM) is $4.09B USD. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a common proxy for operating cash generation that strips out non-cash charges (depreciation and amortization) and capital structure effects (interest, taxes). Useful for comparing companies with different leverage and asset bases — see operating income and net income for fully GAAP figures.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingEBITDASwitch metric
TTM (last 4 quarters)
$4.09B
YoY change
-18.0%
5Y CAGR
+20.8%
Peak year (2024)
$4.33B
Cumulative EBITDA
$28.19B
EBITDA history chart for Realty Income (O) from 1993 to 2025
EBITDA history table for Realty Income (O) from 1993 to 2025
| Fiscal year | Period ended | Reported | EBITDA | YoY |
|---|---|---|---|---|
| 2025 | $3.55B | -18.0% | ||
| 2024 | $4.33B | +20.1% | ||
| 2023 | $3.60B | +21.0% | ||
| 2022 | $2.98B | +61.0% | ||
| 2021 | $1.85B | +33.9% | ||
| 2020 | $1.38B | +5.1% | ||
| 2019 | $1.31B | +12.7% | ||
| 2018 | $1.17B | +7.3% | ||
| 2017 | $1.09B | +10.9% | ||
| 2016 | $981.12M | +7.1% | ||
| 2015 | $915.68M | +7.7% | ||
| 2014 | $849.87M | +28.2% | ||
| 2013 | $662.69M | +62.9% | ||
| 2012 | $406.71M | +12.8% | ||
| 2011 | $360.68M | +21.2% | ||
| 2010 | $297.58M | +0.9% | ||
| 2009 | $294.96M | +0.1% | ||
| 2008 | $294.59M | +8.9% | ||
| 2007 | $270.62M | +24.6% | ||
| 2006 | $217.23M | +22.8% | ||
| 2005 | $176.87M | +12.3% | ||
| 2004 | $157.56M | -25.6% | ||
| 2003 | $211.85M | +11.3% | ||
| 2002 | $190.29M | +10.2% | ||
| 2001 | $172.64M | +4.1% | ||
| 2000 | $165.87M | +314.6% | ||
| 1999 | $40.01M | +1.9% | ||
| 1998 | $39.25M | -63.7% | ||
| 1997 | $108.10M | +118.1% | ||
| 1996 | $49.56M | +93.7% | ||
| 1995 | $25.58M | +82.0% | ||
| 1994 | $14.06M | -45.4% | ||
| 1993 | $25.73M | — |
EBITDA values are taken from Realty Income's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, Realty Income (O) reported EBITDA of $3.55B – declined 18.0% year-over-year.
Through 2020–2025 (5 years), Realty Income EBITDA delivered a +20.8% annualised rate; with the latest reading among the more recent periods of the dataset.
Realty Income EBITDA peaked at $4.33B in 2024; the latest annual figure is $3.55B in 2025 (18.0% below peak).
Across the available history, EBITDA reached its high of $4.33B in 2024 and its low of $14.06M in 1994.
Realty Income (O) sits 6th of 8 Real Estate peers we track on this metric, against a peer median of $3.83B.
Realty Income EBITDA by Year
Realty Income EBITDA 2025: $3.55B
Realty Income EBITDA in 2025 was $3.55B, declined 18.0% below 2024.
Realty Income EBITDA 2024: $4.33B
Realty Income EBITDA in 2024 was $4.33B, grew 20.1% from 2023. This figure represents the highest annual value in the available history.
Realty Income EBITDA 2023: $3.60B
Realty Income EBITDA in 2023 was $3.60B, grew 21.0% from 2022.
Realty Income EBITDA 2022: $2.98B
Realty Income EBITDA in 2022 was $2.98B, surged 61.0% from 2021.
Realty Income EBITDA 2021: $1.85B
Realty Income EBITDA in 2021 was $1.85B.
See more financial history for Realty Income (O).
Sector peers — EBITDA
Companies in the same sector as Realty Income, ranked by their latest EBITDA.
| Company | EBITDA | Sector |
|---|---|---|
| Simon Property Group, Inc. (SPG) | $7.86B | Real Estate |
| Prologis, Inc. (PLD) | $7.20B | Real Estate |
| American Tower Corporation (AMT) | $6.12B | Real Estate |
| Equinix, Inc. (EQIX) | $4.07B | Real Estate |
| Digital Realty Trust, Inc. (DLR) | $3.59B | Real Estate |
| Public Storage (PSA) | $3.25B | Real Estate |
| CBRE Group, Inc. (CBRE) | $2.58B | Real Estate |
| Welltower Inc. (WELL) | $2.31B | Real Estate |
Frequently asked questions
What is Realty Income's EBITDA?
- Latest reported EBITDA for Realty Income (O) is $4.09B (period ending December 31, 2025).
How has Realty Income EBITDA changed year-over-year?
- Realty Income (O) EBITDA changed -18.0% year-over-year on the latest annual filing.
What is the long-term growth rate of Realty Income EBITDA?
- Realty Income (O) EBITDA compound annual growth rate is +20.8% over the most recent 5 years available.
When did Realty Income EBITDA hit its highest annual value?
- Realty Income EBITDA reached its highest annual value of $4.33B in 2024.
What was Realty Income EBITDA in 2024?
- Realty Income (O) EBITDA in 2024 was $4.33B.
What was Realty Income EBITDA in 2025?
- Realty Income (O) EBITDA in 2025 was $3.55B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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