Gross Profit for Realty Income (O)
According to Realty Income's latest reported financial statements, the company's current gross profit (TTM) is $5.16B USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingGross ProfitSwitch metric
TTM (last 4 quarters)
$5.16B
YoY change
+5.5%
5Y CAGR
+27.3%
Peak year (2025)
$5.16B
Cumulative gross profit
$31.52B
Gross Profit history chart for Realty Income (O) from 1993 to 2025
Gross Profit history table for Realty Income (O) from 1993 to 2025
| Fiscal year | Period ended | Reported | Gross Profit | YoY |
|---|---|---|---|---|
| 2025 | $5.16B | +5.5% | ||
| 2024 | $4.89B | +30.1% | ||
| 2023 | $3.76B | +20.7% | ||
| 2022 | $3.12B | +60.1% | ||
| 2021 | $1.95B | +26.2% | ||
| 2020 | $1.54B | +10.2% | ||
| 2019 | $1.40B | +10.9% | ||
| 2018 | $1.26B | +10.1% | ||
| 2017 | $1.15B | +10.2% | ||
| 2016 | $1.04B | +7.5% | ||
| 2015 | $967.93M | +10.0% | ||
| 2014 | $879.63M | +18.7% | ||
| 2013 | $741.36M | +60.0% | ||
| 2012 | $463.27M | +16.7% | ||
| 2011 | $396.90M | +21.1% | ||
| 2010 | $327.63M | +3.6% | ||
| 2009 | $316.11M | -1.1% | ||
| 2008 | $319.58M | +8.6% | ||
| 2007 | $294.32M | +24.0% | ||
| 2006 | $237.42M | +22.8% | ||
| 2005 | $193.28M | +13.4% | ||
| 2004 | $170.47M | +19.8% | ||
| 2003 | $142.30M | +11.7% | ||
| 2002 | $127.34M | +16.0% | ||
| 2001 | $109.81M | +3.3% | ||
| 2000 | $106.33M | +8.6% | ||
| 1999 | $97.86M | +18.3% | ||
| 1998 | $82.73M | +19.9% | ||
| 1997 | $69.00M | +21.1% | ||
| 1996 | $56.96M | +10.5% | ||
| 1995 | $51.55M | +5.5% | ||
| 1994 | $48.86M | -0.3% | ||
| 1993 | $49.02M | — |
Gross Profit 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
Realty Income (O) most recent annual gross profit stands at $5.16B (2025) – grew 5.5% year-over-year.
Over 2020–2025 (5 years), Realty Income gross profit expanded at a +27.3% compound annual rate, sustaining 16 straight years of year-over-year growth.
2025 marks the peak gross profit at $5.16B, with the historical low of $48.86M recorded in 1994.
Among 8 Real Estate peers, Realty Income (O) ranks 5th; the peer median for gross profit is $5.00B.
Realty Income Gross Profit by Year
Realty Income Gross Profit 2025: $5.16B
Realty Income gross profit in 2025 was $5.16B, grew 5.5% from 2024. This figure represents the highest annual value in the available history.
Realty Income Gross Profit 2024: $4.89B
Realty Income gross profit in 2024 was $4.89B, surged 30.1% from 2023.
Realty Income Gross Profit 2023: $3.76B
Realty Income gross profit in 2023 was $3.76B, grew 20.7% from 2022.
Realty Income Gross Profit 2022: $3.12B
Realty Income gross profit in 2022 was $3.12B, surged 60.1% from 2021.
Realty Income Gross Profit 2021: $1.95B
Realty Income gross profit in 2021 was $1.95B.
See more financial history for Realty Income (O).
Sector peers — Gross Profit
Companies in the same sector as Realty Income, ranked by their latest gross profit.
| Company | Gross Profit | Sector |
|---|---|---|
| American Tower Corporation (AMT) | $7.84B | Real Estate |
| CBRE Group, Inc. (CBRE) | $6.07B | Real Estate |
| Simon Property Group, Inc. (SPG) | $5.46B | Real Estate |
| Prologis, Inc. (PLD) | $5.24B | Real Estate |
| Equinix, Inc. (EQIX) | $4.75B | Real Estate |
| Welltower Inc. (WELL) | $4.18B | Real Estate |
| Digital Realty Trust, Inc. (DLR) | $3.39B | Real Estate |
| Public Storage (PSA) | $1.20B | Real Estate |
Frequently asked questions
What is Realty Income's gross profit?
- Latest reported gross profit for Realty Income (O) is $5.16B (period ending December 31, 2025).
How has Realty Income gross profit changed year-over-year?
- Realty Income (O) gross profit changed +5.5% year-over-year on the latest annual filing.
What is the long-term growth rate of Realty Income gross profit?
- Realty Income (O) gross profit compound annual growth rate is +27.3% over the most recent 5 years available.
When did Realty Income gross profit hit its highest annual value?
- Realty Income gross profit reached its highest annual value of $5.16B in 2025.
What was Realty Income gross profit in 2024?
- Realty Income (O) gross profit in 2024 was $4.89B.
What was Realty Income gross profit in 2025?
- Realty Income (O) gross profit in 2025 was $5.16B.
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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