Shares Outstanding for Realty Income (O)
According to Realty Income's latest reported financial statements, the company's latest reported diluted shares outstanding is 904.79M. Diluted weighted-average shares outstanding is the share count used to compute per-share metrics like EPS. Buybacks lower it; new issuance, stock-based compensation, and convertible securities raise it. Multiply by the stock price for market capitalization.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Currently viewingShares OutstandingSwitch metric
Latest period
904.79M
YoY change
+3.2%
5Y CAGR
+21.2%
Peak year (2025)
904.79M
Latest annual
904.79M
Shares Outstanding history chart for Realty Income (O) from 1993 to 2025
Shares Outstanding history table for Realty Income (O) from 1993 to 2025
| Fiscal year | Period ended | Reported | Shares Outstanding | YoY |
|---|---|---|---|---|
| 2025 | 904.79M | +3.2% | ||
| 2024 | 876.81M | +26.5% | ||
| 2023 | 693.02M | +13.2% | ||
| 2022 | 612.18M | +47.6% | ||
| 2021 | 414.77M | +20.1% | ||
| 2020 | 345.42M | +9.3% | ||
| 2019 | 316.16M | +9.0% | ||
| 2018 | 289.92M | +5.8% | ||
| 2017 | 273.94M | +7.2% | ||
| 2016 | 255.62M | +8.2% | ||
| 2015 | 236.21M | +8.0% | ||
| 2014 | 218.77M | +14.1% | ||
| 2013 | 191.78M | +44.3% | ||
| 2012 | 132.88M | +5.3% | ||
| 2011 | 126.19M | +19.1% | ||
| 2010 | 105.94M | +2.3% | ||
| 2009 | 103.58M | +2.3% | ||
| 2008 | 101.21M | +0.9% | ||
| 2007 | 100.33M | +11.6% | ||
| 2006 | 89.92M | +12.1% | ||
| 2005 | 80.21M | +2.0% | ||
| 2004 | 78.60M | +10.4% | ||
| 2003 | 71.22M | +4.8% | ||
| 2002 | 67.98M | +20.2% | ||
| 2001 | 56.56M | +5.4% | ||
| 2000 | 53.64M | -0.4% | ||
| 1999 | 53.86M | +1.1% | ||
| 1998 | 53.28M | +13.3% | ||
| 1997 | 47.03M | +2.3% | ||
| 1996 | 45.96M | +16.2% | ||
| 1995 | 39.56M | +1.3% | ||
| 1994 | 39.04M | -1.2% | ||
| 1993 | 39.51M | — |
Shares Outstanding 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
In 2025, Realty Income (O) diluted shares outstanding totalled 904.79M – edged up 3.2% year-over-year.
Over 2020–2025 (5 years), Realty Income diluted shares outstanding expanded at a +21.2% compound annual rate, sustaining 25 straight years of year-over-year growth.
904.79M stands as the all-time-high annual diluted shares outstanding, posted in 2025, against a low of 39.04M during 1994.
Among 8 Real Estate peers, Realty Income (O) ranks 2nd; the peer median for diluted shares outstanding is 338.79M.
Realty Income Shares Outstanding by Year
Realty Income Shares Outstanding 2025: 904.79M
Realty Income diluted shares outstanding in 2025 was 904.79M, edged up 3.2% from 2024. This figure represents the highest annual value in the available history.
Realty Income Shares Outstanding 2024: 876.81M
Realty Income diluted shares outstanding in 2024 was 876.81M, grew 26.5% from 2023.
Realty Income Shares Outstanding 2023: 693.02M
Realty Income diluted shares outstanding in 2023 was 693.02M, grew 13.2% from 2022.
Realty Income Shares Outstanding 2022: 612.18M
Realty Income diluted shares outstanding in 2022 was 612.18M, surged 47.6% from 2021.
Realty Income Shares Outstanding 2021: 414.77M
Realty Income diluted shares outstanding in 2021 was 414.77M.
See more financial history for Realty Income (O).
Sector peers — Shares Outstanding
Companies in the same sector as Realty Income, ranked by their latest diluted shares outstanding.
| Company | Shares Outstanding | Sector |
|---|---|---|
| Prologis, Inc. (PLD) | 958.02M | Real Estate |
| Welltower Inc. (WELL) | 679.52M | Real Estate |
| American Tower Corporation (AMT) | 469.14M | Real Estate |
| Digital Realty Trust, Inc. (DLR) | 351.57M | Real Estate |
| Simon Property Group, Inc. (SPG) | 326.02M | Real Estate |
| CBRE Group, Inc. (CBRE) | 300.75M | Real Estate |
| Public Storage (PSA) | 175.90M | Real Estate |
| Equinix, Inc. (EQIX) | 98.12M | Real Estate |
Frequently asked questions
What is Realty Income's diluted shares outstanding?
- Latest reported diluted shares outstanding for Realty Income (O) is 904.79M (period ending December 31, 2025).
How has Realty Income diluted shares outstanding changed year-over-year?
- Realty Income (O) diluted shares outstanding changed +3.2% year-over-year on the latest annual filing.
What is the long-term growth rate of Realty Income diluted shares outstanding?
- Realty Income (O) diluted shares outstanding compound annual growth rate is +21.2% over the most recent 5 years available.
When did Realty Income diluted shares outstanding hit its highest annual value?
- Realty Income diluted shares outstanding reached its highest annual value of 904.79M in 2025.
What was Realty Income diluted shares outstanding in 2024?
- Realty Income (O) diluted shares outstanding in 2024 was 876.81M.
What was Realty Income diluted shares outstanding in 2025?
- Realty Income (O) diluted shares outstanding in 2025 was 904.79M.
Metrics overview
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