Realty Income Corporation (O)

FairStock Score: 54/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I see Realty Income as a rent-collecting machine rather than a fast-growth technology story. It owns more than 15,500 properties across the U.S., U.K., and Europe, and the monthly dividend is central to the case. The filed revenue record is respectable: fiscal 2023 revenue was $4.1 billion, fiscal 2024 revenue was $5.3 billion, and fiscal 2025 revenue was $5.7 billion. In the quarter ended June 30, 2026, revenue was $1.5 billion and net income was $370.5 million, or $0.37 per diluted share, versus $1.4 billion, $196.9 million, and $0.22 in the quarter ended June 30, 2025. That is real expansion. But this is a REIT, so reported EPS and the FairStock P/E of 41.72 at the $57.16 close on 2026-10-26 are distorted by depreciation. FFO and AFFO, the right measures, are not in the data. Without them I lean on the 5.75% dividend yield, FairStock P/B of 1.37, debt-to-equity of 0.75, and the revenue trend. The 7.7% FCF yield is helpful, but FairStock's Altman Z-score of 0.74 and Piotroski score of 5/9 remind me not to assume the balance sheet is bulletproof. FairStock's computed Lynch label is FAST GROWER, based on its five-year profit and revenue growth screen; PEG of 0.86 looks reasonable. Still, EV/EBITDA of 16.55 is not bargain-bin. At this price I see a good income business at a fair price, not a deep bargain.

In plain English: Realty Income owns and rents commercial properties to many businesses, mostly in retail, and pays shareholders a monthly dividend. It is a large business with growing revenue and a 5.75% dividend yield, but standard reported profit is thin, so the shares look fair rather than clearly cheap. The key cash-profit measure for this kind of landlord was not provided, which leaves the picture incomplete.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-26 close · note generated 2026-10-28 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer