Realty Income annual net debt
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2025
Realty Income Net Debt Growth & History (O)
Realty Income's net debt was $633.1M for fiscal 2025.
View full Realty Income company overviewRealty Income annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $633.1M | $480.6M | +315.17% |
| 2024 | 2024-12-31 | $152.5M | −$848.6M | −84.77% |
| 2023 | 2023-12-31 | $1.00B | −$19.2M | −1.88% |
| 2022 | 2022-12-31 | $1.02B | −$128.3M | −11.17% |
| 2021 | 2021-12-31 | $1.15B | $1.85B | — |
| 2020 | 2020-12-31 | −$703.7M | −$777.9M | — |
| 2019 | 2019-12-31 | $74.2M | $79.0M | — |
| 2018 | 2018-12-31 | −$4.8M | — | — |
| 2016 | 2016-12-31 | $3.97B | $365.9M | +10.17% |
| 2015 | 2015-12-31 | $3.60B | −$154.2M | −4.11% |
| 2014 | 2014-12-31 | $3.75B | — | — |
Realty Income quarterly net debt
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Q1.17
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Q3.19
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Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
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Q3.21
Q4.21
Q1.22
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Q3.22
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Q3.23
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Q1.26
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $1.38B | $1.56B | — |
| Q1 2026 | 2026-03-31 | $586.5M | −$33.4M | −5.39% |
| Q4 2025 | 2025-12-31 | $633.1M | $480.6M | +315.17% |
| Q3 2025 | 2025-09-30 | $578.2M | $461.4M | +394.83% |
| Q2 2025 | 2025-06-30 | −$179.4M | −$567.3M | — |
| Q1 2025 | 2025-03-31 | $619.9M | $548.1M | +764.11% |
| Q4 2024 | 2024-12-31 | $152.5M | −$848.6M | −84.77% |
| Q3 2024 | 2024-09-30 | $116.9M | −$384.6M | −76.70% |
| Q2 2024 | 2024-06-30 | $387.9M | $41.5M | +11.99% |
| Q1 2024 | 2024-03-31 | $71.7M | −$404.2M | −84.93% |
| Q4 2023 | 2023-12-31 | $1.00B | −$19.2M | −1.88% |
| Q3 2023 | 2023-09-30 | $501.5M | −$516.3M | −50.73% |
| Q2 2023 | 2023-06-30 | $346.4M | −$916.6M | −72.57% |
| Q1 2023 | 2023-03-31 | $475.9M | −$803.7M | −62.81% |
| Q4 2022 | 2022-12-31 | $1.02B | −$128.3M | −11.17% |
| Q3 2022 | 2022-09-30 | $1.02B | $908.5M | +830.76% |
| Q2 2022 | 2022-06-30 | $1.26B | $726.9M | +135.60% |
| Q1 2022 | 2022-03-31 | $1.28B | $670.3M | +110.02% |
| Q4 2021 | 2021-12-31 | $1.15B | $1.85B | — |
| Q3 2021 | 2021-09-30 | $109.4M | $410.8M | — |
| Q2 2021 | 2021-06-30 | $536.1M | $445.6M | +492.52% |
| Q1 2021 | 2021-03-31 | $609.3M | $523.3M | +608.42% |
| Q4 2020 | 2020-12-31 | −$703.7M | −$777.9M | — |
| Q3 2020 | 2020-09-30 | −$301.4M | −$195.6M | — |
| Q2 2020 | 2020-06-30 | $90.5M | −$15.0M | −14.19% |
| Q1 2020 | 2020-03-31 | $86.0M | −$45.9M | −34.77% |
| Q4 2019 | 2019-12-31 | $74.2M | $79.0M | — |
| Q3 2019 | 2019-09-30 | −$105.8M | — | — |
| Q2 2019 | 2019-06-30 | $105.4M | — | — |
| Q1 2019 | 2019-03-31 | $131.9M | — | — |
| Q4 2018 | 2018-12-31 | −$4.8M | — | — |
| Q1 2017 | 2017-03-31 | $4.65B | — | — |
| Q4 2016 | 2016-12-31 | $3.97B | $365.9M | +10.17% |
| Q4 2015 | 2015-12-31 | $3.60B | −$154.2M | −4.11% |
| Q4 2014 | 2014-12-31 | $3.75B | — | — |
Realty Income net debt trends
Over the last five fiscal years, Realty Income's net debt increased from −$703.7M to $633.1M, a change of $1.34B. The latest reported quarter, Q2 2026, shows $1.38B.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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