Free Cash Flow for Realty Income (O)
Free Cash Flow for Realty Income (O): headline value $3.86B · YoY +11.9%. Annual and quarterly series, chart, and tables are below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Currently viewingFree Cash FlowSwitch metric
Latest period
$3.86B
YoY change
+11.9%
5Y CAGR
+28.4%
Peak year (2025)
$3.86B
Latest annual
$3.86B
Free Cash Flow history chart for Realty Income (O) from 1993 to 2025
Free Cash Flow history table for Realty Income (O) from 1993 to 2025
| Fiscal year | Period ended | Reported | Free Cash Flow | YoY |
|---|---|---|---|---|
| 2025 | $3.86B | +11.9% | ||
| 2024 | $3.45B | +19.4% | ||
| 2023 | $2.89B | +17.1% | ||
| 2022 | $2.47B | +89.4% | ||
| 2021 | $1.30B | +17.7% | ||
| 2020 | $1.11B | +5.9% | ||
| 2019 | $1.05B | +14.2% | ||
| 2018 | $915.39M | +6.4% | ||
| 2017 | $860.60M | +8.9% | ||
| 2016 | $790.62M | +16.1% | ||
| 2015 | $680.76M | +9.5% | ||
| 2014 | $621.66M | +21.8% | ||
| 2013 | $510.40M | +59.5% | ||
| 2012 | $319.92M | +7.0% | ||
| 2011 | $298.95M | +22.8% | ||
| 2010 | $243.37M | +7.3% | ||
| 2009 | $226.71M | -7.9% | ||
| 2008 | $246.16M | -22.6% | ||
| 2007 | $318.17M | +265.9% | ||
| 2006 | $86.94M | -20.6% | ||
| 2005 | $109.56M | -38.6% | ||
| 2004 | $178.34M | +141.1% | ||
| 2003 | $73.96M | -40.7% | ||
| 2002 | $124.81M | +38.6% | ||
| 2001 | $90.03M | +19997.1% | ||
| 2000 | $448,000 | -100.4% | ||
| 1999 | -$101.90M | -20.4% | ||
| 1998 | -$127.94M | +45.9% | ||
| 1997 | -$87.70M | +1049.1% | ||
| 1996 | -$7.63M | -70.2% | ||
| 1995 | -$25.58M | -202.3% | ||
| 1994 | $25.00M | -35.0% | ||
| 1993 | $38.48M | — |
Free Cash Flow values are taken from Realty Income's reported cash flow 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
2025's annual free cash flow for Realty Income (O) came in at $3.86B – grew 11.9% year-over-year.
Over 2020–2025 (5 years), Realty Income free cash flow expanded at a +28.4% compound annual rate, sustaining 16 straight years of year-over-year growth.
Across the available history, free cash flow reached its high of $3.86B in 2025 and its low of -$127.94M in 1998.
Realty Income (O) sits 2nd of 8 Real Estate peers we track on this metric, against a peer median of $2.87B.
Realty Income Free Cash Flow by Year
Realty Income Free Cash Flow 2025: $3.86B
Realty Income free cash flow in 2025 was $3.86B, grew 11.9% from 2024. This figure represents the highest annual value in the available history.
Realty Income Free Cash Flow 2024: $3.45B
Realty Income free cash flow in 2024 was $3.45B, grew 19.4% from 2023.
Realty Income Free Cash Flow 2023: $2.89B
Realty Income free cash flow in 2023 was $2.89B, grew 17.1% from 2022.
Realty Income Free Cash Flow 2022: $2.47B
Realty Income free cash flow in 2022 was $2.47B, surged 89.4% from 2021.
Realty Income Free Cash Flow 2021: $1.30B
Realty Income free cash flow in 2021 was $1.30B.
See more financial history for Realty Income (O).
Sector peers — Free Cash Flow
Companies in the same sector as Realty Income, ranked by their latest free cash flow.
| Company | Free Cash Flow | Sector |
|---|---|---|
| Prologis, Inc. (PLD) | $5.01B | Real Estate |
| American Tower Corporation (AMT) | $3.78B | Real Estate |
| Simon Property Group, Inc. (SPG) | $3.57B | Real Estate |
| Public Storage (PSA) | $2.90B | Real Estate |
| Welltower Inc. (WELL) | $2.85B | Real Estate |
| Digital Realty Trust, Inc. (DLR) | $2.41B | Real Estate |
| CBRE Group, Inc. (CBRE) | $1.19B | Real Estate |
| Equinix, Inc. (EQIX) | -$400.00M | Real Estate |
Frequently asked questions
What is Realty Income's free cash flow?
Latest reported free cash flow for Realty Income (O) is $3.86B (period ending December 31, 2025).
How has Realty Income free cash flow changed year-over-year?
Realty Income (O) free cash flow changed +11.9% year-over-year on the latest annual filing.
What is the long-term growth rate of Realty Income free cash flow?
Realty Income (O) free cash flow compound annual growth rate is +28.4% over the most recent 5 years available.
When did Realty Income free cash flow hit its highest annual value?
Realty Income free cash flow reached its highest annual value of $3.86B in 2025.
What was Realty Income free cash flow in 2024?
Realty Income (O) free cash flow in 2024 was $3.45B.
What was Realty Income free cash flow in 2025?
Realty Income (O) free cash flow in 2025 was $3.86B.
Metrics overview
Pick a metric for charts, filings and peers — each row shows the latest TTM or most-recent-quarter value.
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