Realty Income Corporation (O) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
11995 EL CAMINO REAL SAN DIEGO, CA 92130 |
| State of Incorp. | MD |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6798 - Real Estate Investment Trusts (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 3/31/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 233 | 171 | 259 | 824 | 54 | 10 | |||
| Cash and cash equivalents | 233 | 171 | 259 | 824 | 54 | 10 | |||
| Financing receivable, accrued interest, after allowance for credit loss | 3 | ✕ | ✕ | ||||||
| Total current assets: | 236 | 171 | 259 | 824 | 54 | 10 | |||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset, after accumulated amortization | 707 | 468 | 218 | 119 | 37 | ✕ | |||
| Operating lease, right-of-use asset | 595 | 603 | 632 | 112 | ✕ | ||||
| Property, plant and equipment | 14,929 | 12,949 | 10,754 | 6,319 | 5,684 | 4,683 | |||
| Long-term investments and receivables | 131 | 82 | |||||||
| Accounts and financing receivable, after allowance for credit loss | 131 | 82 | |||||||
| Intangible assets, net (including goodwill) | 8,749 | 8,900 | 8,952 | 1,725 | 1,508 | 1,214 | |||
| Goodwill | 3,731 | 3,731 | 3,677 | 14 | 14 | 15 | |||
| Intangible assets, net (excluding goodwill) | 5,018 | 5,168 | 5,275 | 1,711 | 1,493 | 1,200 | |||
| Financing receivable, excluding accrued interest, after allowance for credit loss | 205 | ✕ | ✕ | ✕ | |||||
| Total noncurrent assets: | 25,186 | 22,920 | 20,556 | 8,406 | 7,311 | 5,897 | |||
| Other undisclosed assets | 32,357 | 26,582 | 22,323 | 11,510 | 11,190 | 9,353 | |||
| TOTAL ASSETS: | 57,779 | 49,673 | 43,138 | 20,740 | 18,555 | 15,260 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Debt | 764 | 702 | 901 | ||||||
| Total current liabilities: | 764 | 702 | 901 | ||||||
| Noncurrent Liabilities | |||||||||
| Other undisclosed liabilities | 23,908 | 20,128 | 17,107 | 9,723 | 8,751 | 7,140 | |||
| Total liabilities: | 24,672 | 20,830 | 18,008 | 9,723 | 8,751 | 7,140 | |||
| Temporary equity, carrying amount | |||||||||
| Equity | |||||||||
| Equity, attributable to parent, including: | 32,941 | 28,713 | 25,053 | 10,985 | 9,774 | 8,089 | |||
| Accumulated other comprehensive income (loss) | 74 | 47 | 5 | (55) | (17) | (8) | |||
| Other undisclosed equity, attributable to parent | 32,868 | 28,666 | 25,048 | 11,040 | 9,792 | 8,097 | |||
| Equity, attributable to noncontrolling interest | 166 | 130 | 77 | 32 | 30 | 32 | |||
| Total equity: | 33,107 | 28,843 | 25,129 | 11,018 | 9,804 | 8,121 | |||
| TOTAL LIABILITIES AND EQUITY: | 57,779 | 49,673 | 43,138 | 20,740 | 18,555 | 15,260 | |||
Income Statement (P&L) ($ in millions)
| 3/31/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 4,079 | 3,344 | 2,080 | 1,652 | 1,492 | 1,328 | ||
| Cost of revenue | (2,943) | (2,362) | (1,355) | (105) | ||||
| Cost of goods and services sold | (317) | (226) | (134) | (105) | ||||
| Gross profit: | 1,136 | 982 | 725 | 1,547 | 1,492 | 1,328 | ||
| Operating expenses | (246) | (178) | (303) | (220) | (107) | (110) | ||
| Operating income: | 890 | 804 | 422 | 1,327 | 1,385 | 1,217 | ||
| Nonoperating income | 19 | 60 | 10 | |||||
| Investment income, nonoperating | (5) | 29 | ||||||
| Other nonoperating income | 24 | 31 | 10 | |||||
| Interest and debt expense | (730) | (465) | (421) | (319) | (291) | (266) | ||
| Income from continuing operations before equity method investments, income taxes: | 178 | 398 | 11 | 1,007 | 1,094 | 951 | ||
| Income (loss) from equity method investments | 3 | (6) | 1 | |||||
| Other undisclosed income from continuing operations before income taxes | 748 | 526 | 380 | |||||
| Income from continuing operations before income taxes: | 929 | 918 | 392 | 1,007 | 1,094 | 951 | ||
| Income tax expense | (52) | (45) | (32) | (15) | (6) | (5) | ||
| Income from continuing operations: | 877 | 872 | 361 | 993 | 1,088 | 946 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | 361 | 993 | 1,088 | 946 | |
| Other undisclosed net loss | (596) | (650) | (581) | |||||
| Net income: | 877 | 872 | 361 | 397 | 437 | 365 | ||
| Net loss attributable to noncontrolling interest | (5) | (3) | (1) | (1) | (1) | (1) | ||
| Net income attributable to parent: | 872 | 869 | 359 | 395 | 436 | 364 | ||
| Preferred stock dividends and other adjustments | ||||||||
| Net income available to common stockholders, diluted: | 872 | 869 | 359 | 395 | 436 | 364 | ||
Comprehensive Income ($ in millions)
| 3/31/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 877 | 872 | 361 | 397 | 437 | 365 | ||
| Other comprehensive income (loss) | 27 | 42 | 60 | (38) | (9) | (8) | ||
| Comprehensive income: | 904 | 914 | 420 | 359 | 428 | 357 | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (5) | (3) | (1) | (1) | (1) | (1) | ||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | ||||||||
| Comprehensive income, net of tax, attributable to parent: | 899 | 911 | 419 | 358 | 427 | 356 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.