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 52,358 - -
Change - -1.79% 4.5% 12.45% 10.93% 0.97% - -
Enterprise Value (EV) 1 55,691 57,720 62,856 72,527 81,085 84,846 87,476 89,405
Change - 3.64% 8.9% 15.39% 11.8% 4.64% 3.1% 2.21%
P/E 82.3x 44.7x 45.6x 54.5x 48.2x 36.7x 32.8x 32.9x
PBR 1.69x 1.46x 1.31x 1.23x 1.33x 1.29x 1.29x 1.31x
PEG - 0.7x -4x -2.5x 2.5x 1.3x 2.7x -104.74x
Capitalization / Revenue 20.7x 12.1x 10.5x 9.27x 9.54x 9.05x 8.59x 7.94x
EV / Revenue 28.4x 17.5x 15.9x 14.4x 14.9x 14.7x 14.3x 13.6x
EV / EBITDA 30.1x 19.4x 17.4x 15.4x 15.8x 15.2x 14.3x 13.6x
EV / EBIT 58.5x 44.1x 36.5x 31.2x 31.3x 28.4x 26.6x 24.4x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 2.833 2.967 3.051 3.126 3.217 3.263 3.346 3.441
Rate of return 3.96% 4.68% 5.31% 5.85% 5.71% 5.88% 6.03% 6.2%
EPS 2 0.87 1.42 1.26 0.98 1.17 1.512 1.694 1.688
Distribution rate 326% 209% 242% 319% 275% 216% 198% 204%
Net sales 1 1,960 3,300 3,958 5,044 5,437 5,782 6,097 6,595
EBITDA 1 1,850 2,979 3,617 4,717 5,118 5,593 6,117 6,585
EBIT 1 952 1,309 1,722 2,321 2,594 2,986 3,288 3,666
Net income 1 359.5 869.4 872.3 847.9 1,059 1,441 1,702 1,841
Net Debt 1 15,184 17,940 21,287 25,782 29,230 32,488 35,118 37,047
Reference price 2 71.59 63.43 57.42 53.41 56.37 55.51 55.51 55.51
Nbr of stocks (in thousands) 565,813 627,154 723,949 875,211 919,906 943,218 - -
Announcement Date 2/22/22 2/21/23 2/20/24 2/24/25 2/24/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
37.11x14.77x15.27x5.8% 52.9B
40.89x18.13x23.9x3.4% 120B
31.28x14.08x17.81x4.38% 66.47B
18.08x15.31x17.42x1.14% 37.55B
16.04x24.97x27.34x3.58% 16.49B
26.77x10.69x14.72x4.69% 15.37B
8.13x11.76x14.41x6.14% 14.6B
17.81x16x23.26x5.4% 13.87B
29.43x11.24x16.41x4.15% 13.38B
15.38x11.06x16.07x6.56% 12.62B
Average 24.09x 14.80x 18.66x 4.52% 36.28B
Weighted average by Cap. 30.98x 15.76x 19.67x 4.08%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Realty Income Corporation

Historical PBR trend

Valuation ratios - PBR - Realty Income Corporation

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Realty Income Corporation

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Realty Income Corporation


Year-on-year evolution of the Yield

Valuation ratios - Yield - Realty Income Corporation
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