Realty Income Return on Equity (ROE) Growth & History (O)
Realty Income's return on equity was 2.70% for fiscal 2025.
View full Realty Income company overviewRealty Income annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 2.70% | +0.31 pp |
| 2024 | 2024-12-31 | 2.40% | −0.43 pp |
| 2023 | 2023-12-31 | 2.83% | −0.40 pp |
| 2022 | 2022-12-31 | 3.23% | +1.24 pp |
| 2021 | 2021-12-31 | 1.99% | −1.82 pp |
| 2020 | 2020-12-31 | 3.81% | −1.08 pp |
| 2019 | 2019-12-31 | 4.89% | +0.18 pp |
| 2018 | 2018-12-31 | 4.70% | +0.19 pp |
| 2017 | 2017-12-31 | 4.51% | −0.24 pp |
| 2016 | 2016-12-31 | 4.75% | +0.07 pp |
| 2015 | 2015-12-31 | 4.67% | −0.25 pp |
| 2014 | 2014-12-31 | 4.92% | −1.38 pp |
| 2013 | 2013-12-31 | 6.30% | −0.52 pp |
| 2012 | 2012-12-31 | 6.82% | −0.84 pp |
| 2011 | 2011-12-31 | 7.66% | −0.19 pp |
| 2010 | 2010-12-31 | 7.84% | −0.78 pp |
| 2009 | 2009-12-31 | 8.62% | — |
Realty Income quarterly return on equity
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.94% | +0.44 pp |
| Q1 2026 | 2026-03-31 | 0.82% | +0.18 pp |
| Q4 2025 | 2025-12-31 | 0.75% | +0.24 pp |
| Q3 2025 | 2025-09-30 | 0.81% | +0.11 pp |
| Q2 2025 | 2025-06-30 | 0.50% | −0.17 pp |
| Q1 2025 | 2025-03-31 | 0.64% | +0.27 pp |
| Q4 2024 | 2024-12-31 | 0.52% | −0.16 pp |
| Q3 2024 | 2024-09-30 | 0.70% | −0.04 pp |
| Q2 2024 | 2024-06-30 | 0.67% | +0.02 pp |
| Q1 2024 | 2024-03-31 | 0.37% | −0.41 pp |
| Q4 2023 | 2023-12-31 | 0.68% | −0.14 pp |
| Q3 2023 | 2023-09-30 | 0.74% | −0.08 pp |
| Q2 2023 | 2023-06-30 | 0.65% | −0.21 pp |
| Q1 2023 | 2023-03-31 | 0.78% | −0.01 pp |
| Q4 2022 | 2022-12-31 | 0.82% | +0.80 pp |
| Q3 2022 | 2022-09-30 | 0.83% | −0.24 pp |
| Q2 2022 | 2022-06-30 | 0.86% | −0.20 pp |
| Q1 2022 | 2022-03-31 | 0.79% | −0.06 pp |
| Q4 2021 | 2021-12-31 | 0.02% | −1.08 pp |
| Q3 2021 | 2021-09-30 | 1.07% | +0.85 pp |
| Q2 2021 | 2021-06-30 | 1.07% | +0.02 pp |
| Q1 2021 | 2021-03-31 | 0.85% | −0.60 pp |
| Q4 2020 | 2020-12-31 | 1.10% | −0.26 pp |
| Q3 2020 | 2020-09-30 | 0.22% | −0.89 pp |
| Q2 2020 | 2020-06-30 | 1.04% | −0.09 pp |
| Q1 2020 | 2020-03-31 | 1.46% | +0.08 pp |
| Q4 2019 | 2019-12-31 | 1.36% | +0.27 pp |
| Q3 2019 | 2019-09-30 | 1.11% | −0.19 pp |
| Q2 2019 | 2019-06-30 | 1.13% | −0.18 pp |
| Q1 2019 | 2019-03-31 | 1.38% | +0.24 pp |
| Q4 2018 | 2018-12-31 | 1.08% | +0.26 pp |
| Q3 2018 | 2018-09-30 | 1.31% | +0.08 pp |
| Q2 2018 | 2018-06-30 | 1.31% | +0.15 pp |
| Q1 2018 | 2018-03-31 | 1.14% | −0.15 pp |
| Q4 2017 | 2017-12-31 | 0.83% | −0.54 pp |
| Q3 2017 | 2017-09-30 | 1.23% | +0.09 pp |
| Q2 2017 | 2017-06-30 | 1.16% | +0.01 pp |
| Q1 2017 | 2017-03-31 | 1.29% | +0.21 pp |
| Q4 2016 | 2016-12-31 | 1.37% | +0.05 pp |
| Q3 2016 | 2016-09-30 | 1.14% | +0.01 pp |
| Q2 2016 | 2016-06-30 | 1.14% | +0.00 pp |
| Q1 2016 | 2016-03-31 | 1.08% | −0.11 pp |
| Q4 2015 | 2015-12-31 | 1.32% | −0.07 pp |
| Q3 2015 | 2015-09-30 | 1.12% | −0.16 pp |
| Q2 2015 | 2015-06-30 | 1.14% | +0.03 pp |
| Q1 2015 | 2015-03-31 | 1.19% | +0.12 pp |
| Q4 2014 | 2014-12-31 | 1.39% | +0.15 pp |
| Q3 2014 | 2014-09-30 | 1.29% | +0.26 pp |
| Q2 2014 | 2014-06-30 | 1.11% | +0.00 pp |
| Q1 2014 | 2014-03-31 | 1.08% | −0.87 pp |
| Q4 2013 | 2013-12-31 | 1.24% | −0.37 pp |
| Q3 2013 | 2013-09-30 | 1.02% | −0.50 pp |
| Q2 2013 | 2013-06-30 | 1.11% | −0.65 pp |
| Q1 2013 | 2013-03-31 | 1.94% | +0.28 pp |
| Q4 2012 | 2012-12-31 | 1.61% | −0.20 pp |
| Q3 2012 | 2012-09-30 | 1.52% | −0.34 pp |
| Q2 2012 | 2012-06-30 | 1.76% | −0.11 pp |
| Q1 2012 | 2012-03-31 | 1.67% | −0.15 pp |
| Q4 2011 | 2011-12-31 | 1.81% | −0.37 pp |
| Q3 2011 | 2011-09-30 | 1.87% | −0.19 pp |
| Q2 2011 | 2011-06-30 | 1.87% | −0.25 pp |
| Q1 2011 | 2011-03-31 | 1.82% | — |
| Q4 2010 | 2010-12-31 | 2.18% | — |
| Q3 2010 | 2010-09-30 | 2.06% | — |
| Q2 2010 | 2010-06-30 | 2.11% | — |
Realty Income return on equity trends
Over the last five fiscal years, Realty Income's return on equity decreased from 3.81% to 2.70%, a change of −1.11 percentage points. The latest reported quarter, Q2 2026, shows 0.94%.
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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