Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 40.05.
Forward PE Ratio (40.05) = Close Price ($61.25) / Consensus Forward EPS ($1.53)
FORWARD PE RATIO
40.05
SECTOR MEDIAN · REAL ESTATE
31.88
median of 37 covered companies
CURRENT VS SECTOR MEDIAN
+25.63%
vs the sector median at left
Realty Income Corporation
Market Cap
$57.12B
Forward PE Ratio
40.05
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Realty Income Corporation (O) | $57.12B | 40.05 |
| Public Storage (PSA)vs › | $56.32B | 30.12 |
| Simon Property Group, Inc. (SPG)vs › | $67.92B | 31.51 |
| Digital Realty Trust, Inc. (DLR)vs › | $69.70B | 69.56 |
| Ventas, Inc. (VTR)vs › | $43.89B | 154.88 |
| CBRE Group, Inc. (CBRE)vs › | $42.81B | 18.87 |
| Iron Mountain Incorporated (IRM)vs › | $34.77B | 46.86 |
| Crown Castle Inc. (CCI)vs › | $33.14B | 39.32 |
| American Tower Corporation (AMT)vs › | $81.94B | 25.23 |
| Extra Space Storage Inc. (EXR)vs › | $29.42B | 30.15 |
Trailing P/E
44.7
reported TTM EPS
Forward P/E
40.0
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $1.53 implies +11.7% EPS growth vs the reported trailing $1.37.
At today's $61.25 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $1.53 | $1.50 – $1.58 | 7 | 40.1x |
| 2027-12-31 | $1.69 | $1.67 – $1.74 | 6 | 36.2x |
| 2028-12-31 | $1.66 | $1.60 – $1.74 | 4 | 37.0x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
