Realty Income Cash Flow Statement
NYSE: OReal EstateReal Estate Investment TrustsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Realty Income free cash flow
In fiscal 2025, Realty Income generated $3.99 billion of operating cash flow and spent $131.8 million on capital expenditures. That left free cash flow of $3.86 billion, a free-cash-flow margin of 67.2% of revenue. Free cash flow was up 11.9% from the prior year's $3.45 billion.
Realty Income returned $2.92 billion to shareholders through dividends, equal to 76% of free cash flow. Free cash flow covered dividend payments 1.3 times.
Summary generated from market data by MetaCap's automated system. Methodology
Realty Income cash flow statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 1.07B | 867.34M | 876.91M | 872.42M | 360.75M | 396.51M | 437.48M | 364.60M | 319.32M | 316.48M |
| Net Income growth (YoY) | +23.34% | -1.09% | +0.52% | +141.84% | -9.02% | -9.37% | +19.99% | +14.18% | +0.90% | +11.10% |
| Depreciation & Amortization | 2.52B | 2.40B | 1.90B | 1.67B | 897.84M | 677.04M | 593.96M | 539.78M | 498.79M | 449.94M |
| Stock-Based Compensation | 30.77M | 57.49M | 26.23M | 21.62M | 41.77M | 16.50M | 13.66M | 27.27M | 13.95M | 12.01M |
| Change in Working Capital | 193.64M | 2.61M | 285.29M | -5.29M | -24.71M | 29.64M | 24.06M | 18.70M | 26.10M | 34.47M |
| Operating Cash Flow | 3.99B | 3.57B | 2.96B | 2.56B | 1.32B | 1.12B | 1.07B | 940.74M | 875.85M | 799.86M |
| Capital Expenditures | -131.80M | -121.41M | -68.69M | -95.51M | -19.08M | -8.71M | -23.54M | -25.35M | -15.25M | -13.43M |
| Investing Cash Flow | -5.66B | -3.34B | -9.35B | -8.39B | -6.44B | -2.03B | -3.50B | -1.64B | -1.25B | -1.70B |
| Dividends Paid | -2.92B | -2.69B | -2.11B | -1.81B | -1.17B | -964.17M | -852.13M | -761.58M | -689.29M | -610.52M |
| Debt Issued | 407.00M | 0 | 1.03B | 0 | 0 | 0 | 0 | 250.00M | 0 | 0 |
| Debt Repaid | -1.14B | -250.00M | 0 | 0 | 0 | -250.00M | -70.00M | -125.87M | 0 | 0 |
| Financing Cash Flow | 1.68B | -21.16M | 6.44B | 5.74B | 4.58B | 1.69B | 2.49B | 707.87M | 375.12M | 866.19M |
| Net Change in Cash | 25.25M | 203.33M | 65.29M | -105.49M | -518.31M | 779.67M | 49.93M | 8.93M | -3.54M | -34.65M |
| Free Cash Flow | 3.86B | 3.45B | 2.89B | 2.47B | 1.30B | 1.11B | 1.05B | 915.39M | 860.60M | 786.44M |
This table shows 10 annual periods of Realty Income's cash flow statement, from FY 2025 back to FY 2016, across 13 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow O's reporting calendar. What is a cash flow statement?