What is the current annual net margin of O?

As of today, O annual net margin is 18.61%

What is 1-year change in O annual net margin?

O annual net margin is up +13.75% year-over-year

What is 3-year change in O annual net margin?

O annual net margin is down -28.70% over the past 3 years

How far is O annual net margin from its all-time high?

O annual net margin is currently -68.88% below its historical high of 59.81% set on December 31, 1993

How does O annual net margin rank versus sector peers?

O annual net margin is higher than 63.93% of companies in Real Estate sector

When is O next annual earnings release?

The next annual earnings release for O is on February 23, 2027

What is the current quarterly net margin of O?

As of today, O quarterly net margin is 26.65%

What is O quarterly net margin most recent change?

O quarterly net margin was up +11.79% on September 30, 2026

What is 1-year change in O quarterly net margin?

O quarterly net margin is up +23.55% year-over-year

How far is O quarterly net margin from its all-time high?

O quarterly net margin is currently -56.33% below its historical high of 61.03% set on December 31, 1996

How does O quarterly net margin rank versus sector peers?

O quarterly net margin is higher than 80.60% of companies in Real Estate sector

When is O next earnings release?

The next earnings release for O is on February 23, 2027

O Net Margin History & Chart Since 1993

Annual Net Margin

18.61%2.25%+13.75%

December 31, 2025

Summary

Current Value: As of today, O annual net margin is 18.61%, up +13.75% on December 31, 2025
Historical Performance: O annual net margin is down -28.70% over the past 3 years, down -20.77% over the past 5 years
All-Time High Comparison: O annual net margin is currently -68.88% below its historical high of 59.81% set on December 31, 1993
3-Year Low Comparison: O annual net margin is +13.75% above its 3-year low of 16.36% reached on December 31, 2024
Sector Comparison: O annual net margin is higher than 63.93% of companies in Real Estate sector

Net Margin Chart

beforeafter

Performance

O Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Net Margin	Dec 31, 25	18.61%	+13.8%	-28.7%	-20.8%	-47.1%
Quarterly Net Margin	Sep 30, 26	26.65%	+23.6%	+18.4%	-4.2%	-24.1%
Price	Nov 9, 26	$59.50	+4.6%	+18.6%	-13.5%	+87.2%
PE Ratio	Nov 9, 26	41.06	-22.8%	+7.7%	-24.3%	+27.9%
Annual Revenue	Dec 31, 25	$5.76B	+8.6%	+72.3%	+241.2%	+1569.4%
Annual Net Income	Dec 31, 25	$1.07B	+23.3%	+22.6%	+169.8%	+781.1%
Annual Gross Margin	Dec 31, 25	48.73%	+2.2%	+12.6%	-9.3%	-30.6%
Annual Operating Margin	Dec 31, 25	45.11%	+1.6%	+38.2%	-9.4%	-28.2%

Net Margin Highs

O Annual Net Margin Highs Comparison
Period	High	Date	Current
3Y	26.10%	N/A	-28.7%
5Y	26.10%	Dec 31, 22	-28.7%
All	59.81%	Dec 31, 93	-68.9%

Net Margin Lows

O Annual Net Margin Lows Comparison
Period	Low	Date	Current
3Y	16.36%	Dec 31, 24	+13.8%
5Y	16.36%	Dec 31, 24	+13.8%
All	16.36%	Dec 31, 24	+13.8%

Net Margin History

Year	Value	Change
2025	18.61%	+13.8%
2024	16.36%	-23.6%
2023	21.42%	-17.9%
2022	26.10%	+50.9%
2021	17.30%	-26.4%
2020	23.49%	-20.1%
2019	29.40%	+6.8%
2018	27.52%	+4.8%
2017	26.26%	-8.5%
2016	28.69%	+3.1%
2015	27.84%	-2.6%
2014	28.59%	+25.5%
2013	22.78%	-23.6%
2012	29.81%	-16.7%
2011	35.80%	+1.7%
2010	35.19%	-5.6%
2009	37.29%	+5.4%

Year	Value	Change
2008	35.39%	-17.6%
2007	42.96%	-6.9%
2006	46.14%	+1.9%
2005	45.28%	-5.1%
2004	47.69%	-6.0%
2003	50.74%	-2.1%
2002	51.84%	-3.1%
2001	53.50%	+15.5%
2000	46.31%	+3.9%
1999	44.59%	-8.6%
1998	48.78%	-4.7%
1997	51.21%	-9.5%
1996	56.57%	+13.9%
1995	49.66%	+59.4%
1994	31.16%	-47.9%
1993	59.81%	-

FAQ

What is the current annual net margin of O?: As of today, O annual net margin is 18.61%
What is 1-year change in O annual net margin?: O annual net margin is up +13.75% year-over-year
What is 3-year change in O annual net margin?: O annual net margin is down -28.70% over the past 3 years
How far is O annual net margin from its all-time high?: O annual net margin is currently -68.88% below its historical high of 59.81% set on December 31, 1993
How does O annual net margin rank versus sector peers?: O annual net margin is higher than 63.93% of companies in Real Estate sector
When is O next annual earnings release?: The next annual earnings release for O is on February 23, 2027

Net Margin Formula

Net Margin = Net Income

Revenue × 100%

Quarterly Net Margin

26.65%2.81%+11.79%

September 30, 2026

Summary

Current Value: As of today, O quarterly net margin is 26.65%, up +11.79% on September 30, 2026
Historical Performance: O quarterly net margin is up +23.55% year-over-year, up +18.39% over the past 3 years
All-Time High Comparison: O quarterly net margin is currently -56.33% below its historical high of 61.03% set on December 31, 1996
3-Year Low Comparison: O quarterly net margin is +152.61% above its 3-year low of 10.55% reached on March 31, 2024
Sector Comparison: O quarterly net margin is higher than 80.60% of companies in Real Estate sector

Performance

O Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Net Margin	Sep 30, 26	26.65%	+11.8%	+23.6%	+18.4%	-4.2%
Annual Net Margin	Dec 31, 25	18.61%	–	+13.8%	-28.7%	-20.8%
Price	Nov 9, 26	$59.50	-4.8%	+4.6%	+18.6%	-13.5%
PE Ratio	Nov 9, 26	41.06	-10.2%	-22.8%	+7.7%	-24.3%
Quarterly Revenue	Sep 30, 26	$1.63B	+4.6%	+10.1%	+56.5%	+234.4%
Quarterly Net Income	Sep 30, 26	$432.14M	+16.6%	+36.0%	+84.8%	+219.4%
Quarterly Gross Margin	Sep 30, 26	52.64%	+2.6%	+5.3%	+15.7%	-0.7%
Quarterly Operating Margin	Sep 30, 26	48.08%	+0.5%	+8.4%	+18.4%	-0.8%

Quarterly Net Margin Highs

O Quarterly Net Margin Highs Comparison
Period	High	Date	Current
1Y	26.65%	Sep 30, 26	at high
3Y	26.65%	Sep 30, 26	at high
5Y	27.82%	N/A	-4.2%
All	61.03%	Dec 31, 96	-56.3%

Quarterly Net Margin Lows

O Quarterly Net Margin Lows Comparison
Period	Low	Date	Current
1Y	20.25%	Dec 31, 25	+31.6%
3Y	10.55%	Mar 31, 24	+152.6%
5Y	0.66%	Dec 31, 21	+3937.9%
All	-43.44%	Sep 30, 94	+161.3%

Quarterly Net Margin History

Month	Value	Change
Sep 2026	26.65%	+11.8%
Jun 2026	23.84%	+15.6%
Mar 2026	20.63%	+1.9%
Dec 2025	20.25%	-6.1%
Sep 2025	21.57%	+54.1%
Jun 2025	14.00%	-22.9%
Mar 2025	18.17%	+21.5%
Dec 2024	14.96%	-26.1%
Sep 2024	20.25%	+4.6%
Jun 2024	19.36%	+83.5%
Mar 2024	10.55%	-47.6%
Dec 2023	20.12%	-10.6%
Sep 2023	22.51%	+16.4%
Jun 2023	19.34%	-19.2%
Mar 2023	23.94%	-6.7%
Dec 2022	25.65%	-2.7%
Sep 2022	26.35%	-4.8%
Jun 2022	27.69%	+11.4%
Mar 2022	24.85%	+3,665.2%
Dec 2021	0.66%	-97.6%
Sep 2021	27.82%	+2.7%
Jun 2021	27.08%	+23.7%
Mar 2021	21.89%	-20.6%
Dec 2020	27.57%	+406.8%
Sep 2020	5.44%	-78.9%
Jun 2020	25.77%	-27.7%
Mar 2020	35.65%	+9.0%
Dec 2019	32.70%	+20.5%
Sep 2019	27.13%	+3.8%
Jun 2019	26.14%	-16.9%
Mar 2019	31.45%	+25.2%
Dec 2018	25.12%	-14.5%
Sep 2018	29.37%	-0.1%
Jun 2018	29.40%	+12.3%
Mar 2018	26.18%	+33.4%
Dec 2017	19.62%	-31.6%
Sep 2017	28.70%	+6.0%
Jun 2017	27.07%	-9.4%
Mar 2017	29.88%	-7.2%
Dec 2016	32.21%	+15.7%
Sep 2016	27.85%	-0.7%
Jun 2016	28.05%	+604.5%
Mar 2016	-5.56%	-117.6%
Dec 2015	31.52%	+20.4%
Sep 2015	26.19%	+0.2%
Jun 2015	26.14%	-4.5%
Mar 2015	27.38%	-12.9%
Dec 2014	31.45%	+1.6%
Sep 2014	30.95%	+14.8%
Jun 2014	26.95%	+9.7%
Mar 2014	24.56%	+16.1%
Dec 2013	21.15%	-4.7%
Sep 2013	22.19%	-19.2%
Jun 2013	27.46%	+46.3%
Mar 2013	18.77%	-27.9%
Dec 2012	26.02%	-11.6%
Sep 2012	29.44%	-13.7%
Jun 2012	34.10%	+13.2%
Mar 2012	30.13%	-13.6%
Dec 2011	34.89%	-0.6%
Sep 2011	35.11%	-5.1%
Jun 2011	37.00%	+1.6%
Mar 2011	36.42%	+3.2%
Dec 2010	35.28%	+3.6%
Sep 2010	34.04%	-4.5%

Month	Value	Change
Jun 2010	35.65%	+0.8%
Mar 2010	35.37%	-6.8%
Dec 2009	37.95%	+0.2%
Sep 2009	37.88%	+2.7%
Jun 2009	36.88%	+1.6%
Mar 2009	36.31%	+0.1%
Dec 2008	36.26%	+4.8%
Sep 2008	34.61%	+0.6%
Jun 2008	34.39%	-3.7%
Mar 2008	35.71%	-4.2%
Dec 2007	37.28%	-10.6%
Sep 2007	41.71%	-7.8%
Jun 2007	45.25%	-1.5%
Mar 2007	45.93%	-3.6%
Dec 2006	47.66%	+14.6%
Sep 2006	41.60%	+5.1%
Jun 2006	39.58%	+1.3%
Mar 2006	39.07%	+4.9%
Dec 2005	37.23%	-13.3%
Sep 2005	42.96%	+12.6%
Jun 2005	38.16%	-10.3%
Mar 2005	42.52%	+9.5%
Dec 2004	38.83%	+0.8%
Sep 2004	38.54%	+4.9%
Jun 2004	36.75%	+2.3%
Mar 2004	35.92%	-30.1%
Dec 2003	51.41%	+8.6%
Sep 2003	47.36%	+11.4%
Jun 2003	42.51%	-16.0%
Mar 2003	50.59%	-0.2%
Dec 2002	50.70%	-16.2%
Sep 2002	60.52%	+19.9%
Jun 2002	50.47%	-3.4%
Mar 2002	52.23%	-4.3%
Dec 2001	54.55%	-1.6%
Sep 2001	55.43%	+23.1%
Jun 2001	45.03%	-23.1%
Mar 2001	58.52%	+11.1%
Dec 2000	52.68%	+27.5%
Sep 2000	41.33%	-8.6%
Jun 2000	45.23%	-0.7%
Mar 2000	45.54%	+0.3%
Dec 1999	45.42%	-7.2%
Sep 1999	48.92%	+16.8%
Jun 1999	41.88%	+1.2%
Mar 1999	41.40%	-9.7%
Dec 1998	45.83%	-4.0%
Sep 1998	47.76%	-5.6%
Jun 1998	50.61%	-2.0%
Mar 1998	51.63%	-0.3%
Dec 1997	51.79%	+6.0%
Sep 1997	48.85%	-1.7%
Jun 1997	49.69%	-5.5%
Mar 1997	52.56%	-13.9%
Dec 1996	61.03%	+8.9%
Sep 1996	56.03%	+1.7%
Jun 1996	55.07%	+0.4%
Mar 1996	54.86%	+2.9%
Dec 1995	53.31%	+14.5%
Sep 1995	46.56%	-1.3%
Jun 1995	47.15%	-6.5%
Mar 1995	50.42%	-13.2%
Dec 1994	58.09%	+233.7%
Sep 1994	-43.44%	-

FAQ

What is the current quarterly net margin of O?: As of today, O quarterly net margin is 26.65%
What is O quarterly net margin most recent change?: O quarterly net margin was up +11.79% on September 30, 2026
What is 1-year change in O quarterly net margin?: O quarterly net margin is up +23.55% year-over-year
How far is O quarterly net margin from its all-time high?: O quarterly net margin is currently -56.33% below its historical high of 61.03% set on December 31, 1996
How does O quarterly net margin rank versus sector peers?: O quarterly net margin is higher than 80.60% of companies in Real Estate sector
When is O next earnings release?: The next earnings release for O is on February 23, 2027

Net Margin Formula

Net Margin = Net Income

Revenue × 100%

Data Sources & References

O Official Website www.realtyincome.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/726728/000072672826000011/0000726728-26-000011-index.htm
O Profile on Yahoo Finance finance.yahoo.com/quote/O
O Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/o