Realty Income Corporation (O) vs Welltower Inc. (WELL)

O leads on 12 of 14 compared metrics.

A side-by-side comparison of Realty Income Corporation and Welltower Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 15, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — O vs WELL

growth of $100 · last 30y
O +508.8%WELL +938.4%WELL compounded faster
02004006008001kStart $100200120062011201620212026$609$1,038
O WELL

O vs WELL: by the numbers

  • WELL is the larger company ($151.23B vs $58.53B market cap).
  • O trades at the lower earnings multiple (51.41 vs 106.58 P/E).
  • O converts more revenue to profit (18.94% vs 12.15% net margin).
  • O grew revenue faster over the past five years (28.65% vs 21.49% CAGR).
  • O pays the higher dividend yield (5.16% vs 1.38%).

Which is better, O or WELL?

Metric tally: O 12 · WELL 2

It depends on what you're optimizing for:

ValueO(lower P/E)
GrowthO(faster 5Y revenue CAGR)
IncomeO(higher dividend yield)
QualityO(higher ROIC)

Metrics side by side

Valuation

MetricOWELL
P/E ratio51.41106.58
Forward P/E34.9573.96
P/S ratio9.5913.43
P/B ratio1.453.55
PEG ratio2.49
EV / EBITDA20.5064.79

Profitability

MetricOWELL
Gross margin68.62%38.87%
Operating margin29.27%4.62%
Net margin18.94%12.15%
ROE2.86%3.21%
ROIC24.52%0.54%

Dividends

MetricOWELL
Dividend yield5.16%1.38%
Payout ratio276.67%209.93%

Growth (annualized)

MetricOWELL
Revenue CAGR (5Y)28.65%21.49%
EPS CAGR (5Y)0.35%-9.79%
Total return CAGR (5Y)3.75%24.90%

Frequently asked

Which is better, O or WELL?
It depends on your goal. value: O (lower P/E); growth: O (faster 5Y revenue CAGR); income: O (higher dividend yield); quality: O (higher ROIC). Across all compared metrics, O leads 12 to 2.
Is O or WELL cheaper?
On trailing earnings, O is cheaper: O trades at a 51.41 P/E and WELL at 106.58.
Which has grown faster, O or WELL?
Over the past five years, O grew revenue faster — O at a 28.65% CAGR versus WELL at 21.49%.
Does O or WELL pay a bigger dividend?
O yields 5.16% and WELL yields 1.38% based on trailing dividends and the latest price.
Is O or WELL more profitable?
O runs the higher net margin — O at 18.94% versus WELL at 12.15%.
Which has been the better investment, O or WELL?
Over the past 10-year, WELL delivered the higher annualized total return — O at 4.90% versus WELL at 15.57%. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 15, 2026.