Realty Income Debt-to-Equity Ratio Growth & History (O)
Realty Income's debt-to-equity ratio was 0.03 for fiscal 2025.
View full Realty Income company overviewRealty Income annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.03 | 0.01 | +76.04% |
| 2024 | 2024-12-31 | 0.02 | −0.02 | −58.94% |
| 2023 | 2023-12-31 | 0.04 | −0.00 | −9.72% |
| 2022 | 2022-12-31 | 0.04 | −0.01 | −26.13% |
| 2021 | 2021-12-31 | 0.06 | 0.05 | +410.72% |
| 2020 | 2020-12-31 | 0.01 | −0.00 | −16.17% |
| 2019 | 2019-12-31 | 0.01 | 0.01 | +1782.83% |
| 2018 | 2018-12-31 | 0.00 | — | — |
| 2016 | 2016-12-31 | 0.59 | 0.03 | +5.12% |
| 2015 | 2015-12-31 | 0.56 | −0.12 | −17.45% |
| 2014 | 2014-12-31 | 0.68 | 0.08 | +13.93% |
| 2013 | 2013-12-31 | 0.59 | −0.46 | −43.78% |
| 2012 | 2012-12-31 | 1.06 | 0.28 | +36.18% |
| 2011 | 2011-12-31 | 0.78 | — | — |
Realty Income quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.05 | 0.03 | +207.40% |
| Q1 2026 | 2026-03-31 | 0.02 | 0.00 | +1.95% |
| Q4 2025 | 2025-12-31 | 0.03 | 0.01 | +76.04% |
| Q3 2025 | 2025-09-30 | 0.03 | 0.01 | +90.79% |
| Q2 2025 | 2025-06-30 | 0.02 | −0.01 | −26.33% |
| Q1 2025 | 2025-03-31 | 0.02 | 0.00 | +24.72% |
| Q4 2024 | 2024-12-31 | 0.02 | −0.02 | −58.94% |
| Q3 2024 | 2024-09-30 | 0.01 | −0.01 | −49.98% |
| Q2 2024 | 2024-06-30 | 0.02 | 0.00 | +11.75% |
| Q1 2024 | 2024-03-31 | 0.02 | −0.00 | −11.90% |
| Q4 2023 | 2023-12-31 | 0.04 | −0.00 | −9.72% |
| Q3 2023 | 2023-09-30 | 0.03 | −0.02 | −40.76% |
| Q2 2023 | 2023-06-30 | 0.02 | −0.04 | −64.67% |
| Q1 2023 | 2023-03-31 | 0.02 | −0.03 | −60.99% |
| Q4 2022 | 2022-12-31 | 0.04 | −0.01 | −26.13% |
| Q3 2022 | 2022-09-30 | 0.05 | −0.00 | −4.00% |
| Q2 2022 | 2022-06-30 | 0.05 | −0.01 | −15.84% |
| Q1 2022 | 2022-03-31 | 0.06 | −0.01 | −18.39% |
| Q4 2021 | 2021-12-31 | 0.06 | 0.05 | +410.72% |
| Q3 2021 | 2021-09-30 | 0.05 | 0.01 | +16.17% |
| Q2 2021 | 2021-06-30 | 0.06 | 0.05 | +432.79% |
| Q1 2021 | 2021-03-31 | 0.07 | 0.06 | +458.95% |
| Q4 2020 | 2020-12-31 | 0.01 | −0.00 | −16.17% |
| Q3 2020 | 2020-09-30 | 0.04 | 0.03 | +188.55% |
| Q2 2020 | 2020-06-30 | 0.01 | −0.00 | −18.92% |
| Q1 2020 | 2020-03-31 | 0.01 | −0.00 | −27.16% |
| Q4 2019 | 2019-12-31 | 0.01 | 0.01 | +1782.83% |
| Q3 2019 | 2019-09-30 | 0.01 | — | — |
| Q2 2019 | 2019-06-30 | 0.02 | — | — |
| Q1 2019 | 2019-03-31 | 0.02 | — | — |
| Q4 2018 | 2018-12-31 | 0.00 | — | — |
| Q1 2017 | 2017-03-31 | 0.66 | 0.10 | +17.96% |
| Q4 2016 | 2016-12-31 | 0.59 | 0.03 | +5.12% |
| Q3 2016 | 2016-09-30 | 0.50 | −0.13 | −20.59% |
| Q2 2016 | 2016-06-30 | 0.54 | −0.10 | −15.82% |
| Q1 2016 | 2016-03-31 | 0.56 | −0.11 | −16.24% |
| Q4 2015 | 2015-12-31 | 0.56 | −0.12 | −17.45% |
| Q3 2015 | 2015-09-30 | 0.63 | −0.05 | −7.91% |
| Q2 2015 | 2015-06-30 | 0.64 | 0.03 | +4.81% |
| Q1 2015 | 2015-03-31 | 0.67 | 0.07 | +11.93% |
| Q4 2014 | 2014-12-31 | 0.68 | 0.08 | +13.93% |
| Q3 2014 | 2014-09-30 | 0.68 | — | — |
| Q2 2014 | 2014-06-30 | 0.61 | — | — |
| Q1 2014 | 2014-03-31 | 0.60 | — | — |
| Q4 2013 | 2013-12-31 | 0.59 | −0.46 | −43.78% |
| Q4 2012 | 2012-12-31 | 1.06 | 0.28 | +36.18% |
| Q4 2011 | 2011-12-31 | 0.78 | — | — |
Realty Income debt-to-equity ratio trends
Over the last five fiscal years, Realty Income's debt-to-equity ratio increased from 0.01 to 0.03, a change of 0.02. The latest reported quarter, Q2 2026, shows 0.05.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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