Realty Income Corporation (O) FCF Payout Ratio: 72.22%
Is Realty Income Corporation’s FCF payout ratio high or low?
Realty Income Corporation's FCF payout ratio of 72.22% is in line with its 5-year average of 79.11%, near the low end of its 5-year range (73.07%–89.71%).
The FCF payout ratio for Realty Income Corporation (O) is 72.22%. It is below its 12-month average by 4.55% (75.66%).
O FCF Payout Ratio Chart
O Average FCF Payout Ratio Chart
O Current vs Average FCF Payout Ratio Chart
O FCF Payout Ratio Metrics
FCF PAYOUT RATIO
72.22%
FCF PAYOUT RATIO AVG TTM
75.66%
FCF PAYOUT RATIO AVG 3Y
74.46%
FCF PAYOUT RATIO AVG 5Y
79.11%
FCF PAYOUT RATIO AVG 10Y
80.29%
FCF PAYOUT RATIO AVG 15Y
81.71%
FCF PAYOUT RATIO AVG 20Y
85.73%
CURRENT VS TTM AVG
-4.55%
CURRENT VS 3Y AVG
-3.01%
CURRENT VS 5Y AVG
-8.71%
CURRENT VS 10Y AVG
-10.05%
CURRENT VS 15Y AVG
-11.62%
CURRENT VS 20Y AVG
-15.76%
Payout Ratio Comparison
FCF Payout Ratio
72.2%
Earnings Payout Ratio
276.7%
Dividend Yield
5.28%
FCF Yield
7.32%
Annual FCF Payout Ratio History
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $3.99B | $2.92B | 73.1% |
| 2024 | $3.45B | $2.70B | 78.2% |
| 2023 | $2.89B | $2.11B | 73.1% |
| 2022 | $2.47B | $1.81B | 73.5% |
| 2021 | $1.30B | $1.17B | 89.7% |
| 2020 | $1.11B | $964.17M | 87.1% |
| 2019 | $1.05B | $852.13M | 81.5% |
| 2018 | $915.39M | $761.58M | 83.2% |
| 2017 | $860.60M | $695.46M | 80.8% |
| 2016 | $790.62M | $637.60M | 80.6% |
| 2015 | $680.76M | $560.32M | 82.3% |
| 2014 | $621.66M | $517.56M | 83.3% |
| 2013 | $510.40M | $451.15M | 88.4% |
| 2012 | $319.92M | $275.79M | 86.2% |
| 2011 | $298.95M | $243.55M | 81.5% |
| 2010 | $243.37M | $206.75M | 85.0% |
| 2009 | $226.71M | $202.26M | 89.2% |
| 2008 | $246.16M | $193.91M | 78.8% |
| 2007 | $318.17M | $182.24M | 57.3% |
| 2006 | $86.94M | $139.07M | 160.0% |
| 2005 | $109.56M | $117.98M | 107.7% |
| 2004 | $178.34M | $106.48M | 59.7% |
| 2003 | $73.96M | $93.56M | 126.5% |
| 2002 | $124.81M | $87.75M | 70.3% |
| 2001 | $90.03M | $74.58M | 82.8% |
| 2000 | $448,000 | $67.97M | 15172.8% |
| 1999 | ($101.90M) | $61.15M | N/A (Loss) |
| 1998 | ($127.94M) | $52.30M | N/A (Loss) |
| 1997 | ($87.70M) | $0 | N/A (Loss) |
| 1996 | ($7.63M) | $48.10M | N/A (Loss) |
Formula: FCF Payout Ratio = Dividends Paid / Free Cash Flow × 100
FCF payout and earnings payout:
- FCF represents operating cash flow after capital expenditures
- FCF payout compares dividends paid with free cash flow
- FCF payout above 100% means dividends paid exceeded free cash flow for the period
- Earnings payout compares dividends paid with net income
Reading the series: Use the chart and table to compare dividend payments with cash generation over time.
Realty Income Corporation FCF Payout Ratio Formula & Definition
FCF Payout Ratio measures what percentage of free cash flow is paid out as dividends. Unlike earnings-based payout, it compares dividends with cash generated after capital expenditures.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Realty Income Corporation FCF Payout Ratio FAQ
- What is the FCF payout ratio for Realty Income Corporation (O)?
- The FCF payout ratio for O stock is 72.22%.
- Is Realty Income Corporation's FCF payout ratio high or low?
- Realty Income Corporation's FCF payout ratio of 72.22% is in line with its 5-year average of 79.11%, near the low end of its 5-year range (73.07%–89.71%).
- What is the TTM average FCF payout ratio for Realty Income Corporation (O)?
- The TTM average FCF payout ratio for O stock is 75.66%.
- What is the 3Y average FCF payout ratio for Realty Income Corporation (O)?
- The 3Y average FCF payout ratio for O stock is 74.46%.
- What is the 5Y average FCF payout ratio for Realty Income Corporation (O)?
- The 5Y average FCF payout ratio for O stock is 79.11%.
- What is the 10Y average FCF payout ratio for Realty Income Corporation (O)?
- The 10Y average FCF payout ratio for O stock is 80.29%.
- What is the 15Y average FCF payout ratio for Realty Income Corporation (O)?
- The 15Y average FCF payout ratio for O stock is 81.71%.
- What is the 20Y average FCF payout ratio for Realty Income Corporation (O)?
- The 20Y average FCF payout ratio for O stock is 85.73%.
Realty Income Corporation FCF Payout Ratio History
| DATE | FCF PAYOUT RATIO |
|---|---|
| 2025-12-31 | 73.12% |
| 2024-12-31 | 78.20% |
| 2023-12-31 | 73.07% |
| 2022-12-31 | 73.47% |
| 2021-12-31 | 89.71% |
| 2020-12-31 | 87.11% |
| 2019-12-31 | 81.51% |
| 2018-12-31 | 83.20% |
| 2017-12-31 | 80.81% |
| 2016-12-31 | 80.65% |
| 2015-12-31 | 82.31% |
| 2014-12-31 | 83.25% |
| 2013-12-31 | 88.39% |
| 2012-12-31 | 86.21% |
| 2011-12-31 | 81.47% |
| 2010-12-31 | 84.95% |
| 2009-12-31 | 89.22% |
| 2008-12-31 | 78.77% |
| 2007-12-31 | 57.28% |
| 2006-12-31 | 159.95% |
| 2005-12-31 | 107.69% |
| 2004-12-31 | 59.71% |
| 2003-12-31 | 126.50% |
| 2002-12-31 | 70.31% |
| 2001-12-31 | 82.84% |
| 2000-12-31 | 15172.77% |
About Realty Income Corporation
Known as "The Monthly Dividend Company," Realty Income is an S&P 500 corporation committed to delivering reliable monthly income to its shareholders. Operating as a Real Estate Investment Trust (REIT), its monthly payouts are generated from the consistent cash flow of over 6,500 commercial properties, which are leased to various businesses under long-term contracts. With a remarkable 52-year operational history, the firm (NYSE: O) has announced 608 uninterrupted monthly dividends for its common stock and has increased its dividend payout 109 times since going public in 1994. It also holds a distinguished position within the S&P 500 Dividend Aristocrats index. For additional details, please visit the company's official website at www.realtyincome.com.
- Sector
- Real Estate
- Industry
- REIT - Retail
- CEO
- Sumit Roy