Company Valuation: Realty Income Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 40,507 39,780 41,569 46,745 51,855 58,725 - -
Change - -1.79% 4.5% 12.45% 10.93% 13.25% - -
Enterprise Value (EV) 1 55,691 57,720 62,856 72,527 81,085 90,916 94,263 96,419
Change - 3.64% 8.9% 15.39% 11.8% 12.12% 3.68% 2.29%
P/E 82.3x 44.7x 45.6x 54.5x 48.2x 40.1x 35.1x 34.4x
PBR 1.69x 1.46x 1.31x 1.23x 1.33x 1.44x 1.44x 1.46x
PEG - 0.7x -4x -2.5x 2.5x 1.2x 2.5x 16.28x
Capitalization / Revenue 20.7x 12.1x 10.5x 9.27x 9.54x 10.2x 9.54x 8.93x
EV / Revenue 28.4x 17.5x 15.9x 14.4x 14.9x 15.8x 15.3x 14.7x
EV / EBITDA 30.1x 19.4x 17.4x 15.4x 15.8x 16.1x 15.3x 14.6x
EV / EBIT 58.5x 44.1x 36.5x 31.2x 31.3x 30.8x 28.8x 26.5x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 2.833 2.967 3.051 3.126 3.217 3.263 3.351 3.439
Rate of return 3.96% 4.68% 5.31% 5.85% 5.71% 5.24% 5.38% 5.52%
EPS 2 0.87 1.42 1.26 0.98 1.17 1.554 1.773 1.81
Distribution rate 326% 209% 242% 319% 275% 210% 189% 190%
Net sales 1 1,960 3,300 3,958 5,044 5,437 5,737 6,158 6,576
EBITDA 1 1,850 2,979 3,617 4,717 5,118 5,638 6,146 6,597
EBIT 1 952 1,309 1,722 2,321 2,594 2,954 3,275 3,643
Net income 1 359.5 869.4 872.3 847.9 1,059 1,477 1,762 1,880
Net Debt 1 15,184 17,940 21,287 25,782 29,230 32,191 35,538 37,694
Reference price 2 71.59 63.43 57.42 53.41 56.37 62.26 62.26 62.26
Nbr of stocks (in thousands) 565,813 627,154 723,949 875,211 919,906 943,218 - -
Announcement Date 22/02/22 21/02/23 20/02/24 24/02/25 24/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
40.06x15.85x16.13x5.24% 58.72B
17.13x23.74x28.44x3.37% 17.86B
8.88x12.42x15.22x5.4% 17.21B
20.04x16.76x24.06x5.05% 14.88B
10.15x13.77x16.37x5.11% 12.89B
27.96x10.99x17.32x3.88% 10.22B
8.27x21.02x28.43x3.06% 10.05B
15.06x12.03x18.7x6.18% 9.62B
36.24x7.64x12.28x5.44% 9.23B
Average 20.42x 14.91x 19.66x 4.75% 17.85B
Weighted average by Cap. 25.44x 15.59x 18.93x 4.87%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. O Stock
  4. RY6 Stock
  5. Valuation Realty Income Corporation