Basis: Trailing twelve months (TTM net income over TTM revenue). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the net profit margin high or low?
The net profit margin of 22.25% is in line with its 5-year average of 21.53%, near the high end of its 5-year range (0.59%–27.82%).
7.71% above its 12-month average of 20.66%.
Reported quarterly profit margin; no daily interpolation. Quarter ended Jun 2026 (2026-06-30): 27.82%.
NET PROFIT MARGIN
22.25%
NET PROFIT MARGIN AVG TTM
20.66%
NET PROFIT MARGIN AVG 3Y
19.60%
NET PROFIT MARGIN AVG 5Y
21.53%
NET PROFIT MARGIN AVG 10Y
24.65%
NET PROFIT MARGIN AVG 15Y
26.67%
NET PROFIT MARGIN AVG 20Y
30.55%
CURRENT VS TTM AVG
+7.71%
CURRENT VS 3Y AVG
+13.50%
CURRENT VS 5Y AVG
+3.34%
CURRENT VS 10Y AVG
-9.74%
CURRENT VS 15Y AVG
-16.56%
CURRENT VS 20Y AVG
-27.16%
SECTOR MEDIAN · REAL ESTATE
22.25%
median of 41 covered companies
CURRENT VS SECTOR MEDIAN
0.00%
vs the sector median at left
Realty Income Corporation
Market Cap
$56.05B
Net Profit Margin
22.25%
TTM Avg
20.66%
3Y Avg
19.60%
5Y Avg
21.53%
Market Cap
$66.33B
Net Profit Margin
68.41%
TTM Avg
56.13%
3Y Avg
48.26%
5Y Avg
43.53%
Market Cap
$69.96B
Net Profit Margin
11.67%
TTM Avg
16.13%
3Y Avg
14.41%
5Y Avg
17.56%
Market Cap
$34.28B
Net Profit Margin
5.54%
TTM Avg
2.51%
3Y Avg
4.82%
5Y Avg
6.26%
Market Cap
$32.85B
Net Profit Margin
25.83%
TTM Avg
-24.51%
3Y Avg
-0.88%
5Y Avg
5.31%
Market Cap
$81.74B
Net Profit Margin
30.88%
TTM Avg
23.02%
3Y Avg
19.79%
5Y Avg
21.27%
| NAME | MARKET CAP | NET PROFIT MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Realty Income Corporation (O) | $56.05B | 22.25% | 20.66% | 19.60% | 21.53% |
| Public Storage (PSA)vs › | $54.94B | 41.80% | 40.56% | 58.16% | 56.07% |
| Simon Property Group, Inc. (SPG)vs › | $66.33B | 68.41% | 56.13% | 48.26% | 43.53% |
| Ventas, Inc. (VTR)vs › | $43.44B | 4.13% | 2.98% | 0.97% | 2.79% |
| Digital Realty Trust, Inc. (DLR)vs › | $69.96B | 11.67% | 16.13% | 14.41% | 17.56% |
| CBRE Group, Inc. (CBRE)vs › | $40.48B | 2.98% | 2.78% | 3.30% | 3.83% |
| Iron Mountain Incorporated (IRM)vs › | $34.28B | 5.54% | 2.51% | 4.82% | 6.26% |
| Crown Castle Inc. (CCI)vs › | $32.85B | 25.83% | -24.51% | -0.88% | 5.31% |
| American Tower Corporation (AMT)vs › | $81.74B | 30.88% | 23.02% | 19.79% | 21.27% |
| Extra Space Storage Inc. (EXR)vs › | $28.65B | 27.96% | 27.23% | 32.24% | 35.89% |
Operating Margin
29.2%
Net Profit Margin
22.3%
Net Profit Margin = Net Income / Revenue
Net profit margin is the percentage of revenue that becomes net income after all expenses, taxes, and interest.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | NET PROFIT MARGIN |
|---|---|
| 2026-06-30 | 27.82% |
| 2026-03-31 | 20.13% |
| 2025-12-31 | 19.90% |
| 2025-09-30 | 21.47% |
| 2025-06-30 | 13.96% |
| 2025-03-31 | 18.10% |
| 2024-12-31 | 14.89% |
| 2024-09-30 | 20.25% |
| 2024-06-30 | 19.37% |
| 2024-03-31 | 10.49% |
| 2023-12-31 | 20.29% |
| 2023-09-30 | 22.47% |
| 2023-06-30 | 19.17% |
| 2023-03-31 | 23.83% |
| 2022-12-31 | 25.57% |
| 2022-09-30 | 26.22% |
| 2022-06-30 | 27.54% |
| 2022-03-31 | 24.69% |
| 2021-12-31 | 0.59% |
| 2021-09-30 | 27.56% |
| 2021-06-30 | 26.87% |
| 2021-03-31 | 21.69% |
| 2020-12-31 | 28.21% |
| 2020-09-30 | 5.66% |
| 2020-06-30 | 26.00% |
| 2020-03-31 | 35.44% |
| 2019-12-31 | 32.53% |
| 2019-09-30 | 27.00% |
| 2019-06-30 | 26.05% |
| 2019-03-31 | 31.31% |
| 2018-12-31 | 24.83% |
| 2018-09-30 | 29.28% |
| 2018-06-30 | 29.30% |
| 2018-03-31 | 26.13% |
| 2017-12-31 | 19.59% |
| 2017-09-30 | 28.65% |
| 2017-06-30 | 27.03% |
| 2017-03-31 | 29.82% |
| 2016-12-31 | 32.12% |
| 2016-09-30 | 27.81% |
| 2016-06-30 | 27.97% |
| 2016-03-31 | 26.30% |
| 2015-12-31 | 31.46% |
| 2015-09-30 | 26.06% |
| 2015-06-30 | 26.03% |
| 2015-03-31 | 24.50% |
| 2014-12-31 | 31.42% |
| 2014-09-30 | 31.09% |
| 2014-06-30 | 27.07% |
| 2014-03-31 | 26.02% |
| 2013-12-31 | 28.22% |
| 2013-09-30 | 25.52% |
| 2013-06-30 | 30.27% |
| 2013-03-31 | 41.71% |
| 2012-12-31 | 17.82% |
| 2012-09-30 | 31.97% |
| 2012-06-30 | 38.37% |
| 2012-03-31 | 34.96% |
| 2011-12-31 | 36.15% |
| 2011-09-30 | 38.39% |
| 2011-06-30 | 38.62% |
| 2011-03-31 | 37.00% |
| 2010-12-31 | 41.27% |
| 2010-09-30 | 36.45% |
| 2010-06-30 | 37.68% |
| 2010-03-31 | 36.56% |
| 2009-12-31 | 43.41% |
| 2009-09-30 | 40.70% |
| 2009-06-30 | 40.05% |
| 2009-03-31 | 36.45% |
| 2008-12-31 | 41.53% |
| 2008-09-30 | 42.20% |
| 2008-06-30 | 40.28% |
| 2008-03-31 | 35.99% |
| 2007-12-31 | 41.15% |
| 2007-09-30 | 46.21% |
| 2007-06-30 | 52.52% |
| 2007-03-31 | 50.92% |
| 2006-12-31 | 47.31% |
| 2006-09-30 | 44.89% |
| 2006-06-30 | 47.18% |
| 2006-03-31 | 45.15% |
| 2005-12-31 | 52.13% |
| 2005-09-30 | 47.30% |
| 2005-06-30 | 52.24% |
| 2005-03-31 | 50.49% |
| 2004-12-31 | 58.59% |
| 2004-09-30 | 57.73% |
| 2004-06-30 | 61.11% |
| 2004-03-31 | 59.95% |
| 2003-12-31 | 58.69% |
| 2003-09-30 | 56.05% |
| 2003-06-30 | 58.15% |
| 2003-03-31 | 51.97% |
| 2002-12-31 | 54.12% |
| 2002-09-30 | 60.52% |
