57/100B59.140
USD
-0.10
(-0.17%)
Market Open
Last updated: · Delayed 15 min
Fair value77.44Plus-24%50Price 59.14116
Q4 FY2026 · Earnings report
EPS estimate 0.42Revenue estimate 1.47B
Q4 FY2026 · Earnings report
EPS estimate 0.42Revenue estimate 1.47B
Realty Income total debt 1993–2026What is the debt to equity ratio? Debt to equity is a company's total debt divided by its shareholders' equity: how much it has borrowed for each dollar its owners have in the business.
Realty Income's total debt was 31.39B USD on 30 September 2026, up 8.6% on a year before. At the end of fiscal year 2025 it was 32.85B USD.
Last updated 10 Nov 2026 · Next report 23 Feb 2027
Total debt
Growth
| Fiscal year | Period ending | Total debt | Growth | Cash and short-term investments | Net cash | Debt to equity |
|---|---|---|---|---|---|---|
| Latest quarter | 30 Sept 2026 | 31.39B | +8.62% | 368.53M | -31.02B | 0.79 |
| FY2025 | 31 Dec 2025 | 32.85B | +22.78% | 434.84M | -32.42B | 0.83 |
| FY2024 | 31 Dec 2024 | 26.76B | +21.68% | 444.96M | -26.31B | 0.69 |
| FY2023 | 31 Dec 2023 | 21.99B | +18.22% | 232.92M | -21.76B | 0.67 |
| FY2022 | 31 Dec 2022 | 18.60B | +16.63% | 171.10M | -18.43B | 0.65 |
| FY2021 | 31 Dec 2021 | 15.95B | +78.43% | 258.58M | -15.69B | 0.64 |
| FY2020 | 31 Dec 2020 | 8.94B | +11.31% | 824.48M | -8.11B | 0.81 |
| FY2019 | 31 Dec 2019 | 8.03B | +23.43% | 54.01M | -7.98B | 0.82 |
| FY2018 | 31 Dec 2018 | 6.51B | +6.36% | 10.39M | -6.50B | 0.80 |
| FY2017 | 31 Dec 2017 | 6.12B | +4.66% | 6.90M | -6.11B | 0.83 |
| FY2016 | 31 Dec 2016 | 5.84B | +21.11% | 9.42M | -5.84B | 0.86 |
| FY2015 | 31 Dec 2015 | 4.83B | -2.22% | 40.29M | -4.79B | 0.74 |
| FY2014 | 31 Dec 2014 | 4.94B | +18.44% | 3.85M | -4.93B | 0.88 |
| FY2013 | 31 Dec 2013 | 4.17B | +43.87% | 10.26M | -4.16B | 0.77 |
| FY2012 | 31 Dec 2012 | 2.90B | +38.56% | 5.25M | -2.89B | 1.20 |
| FY2011 | 31 Dec 2011 | 2.09B | +30.65% | 4.17M | -2.09B | 0.93 |
| FY2010 | 31 Dec 2010 | 1.60B | +18.12% | 17.61M | -1.58B | 0.87 |
| FY2009 | 31 Dec 2009 | 1.35B | -1.12% | 10.03M | -1.34B | 0.91 |
| FY2008 | 31 Dec 2008 | 1.37B | -6.80% | 46.82M | -1.32B | 0.88 |
| FY2007 | 31 Dec 2007 | 1.47B | +59.78% | 193.10M | -1.28B | 0.96 |
| FY2006 | 31 Dec 2006 | 920.00M | +3.17% | 10.57M | -909.43M | 0.58 |
| FY2005 | 31 Dec 2005 | 891.70M | +77.07% | 65.70M | -826.00M | 0.90 |
| FY2004 | 31 Dec 2004 | 503.60M | -0.55% | 2.14M | -501.46M | 0.55 |
| FY2003 | 31 Dec 2003 | 506.40M | +49.07% | 4.84M | -501.56M | 0.61 |
| FY2002 | 31 Dec 2002 | 339.70M | +7.74% | 8.92M | -330.78M | 0.47 |
| FY2001 | 31 Dec 2001 | 315.30M | -21.96% | 2.47M | -312.83M | 0.47 |
| FY2000 | 31 Dec 2000 | 404.00M | +15.69% | 3.82M | -400.19M | 0.78 |
| FY1999 | 31 Dec 1999 | 349.20M | +18.45% | 773.00K | -348.43M | 0.65 |
| FY1998 | 31 Dec 1998 | 294.80M | +122.32% | 2.53M | -292.27M | 0.65 |
| FY1997 | 31 Dec 1997 | 132.60M | +89.43% | 2.12M | -130.48M | 0.31 |
| FY1996 | 31 Dec 1996 | 70.00M | +276.40% | 1.56M | -68.44M | 0.19 |
| FY1995 | 31 Dec 1995 | 18.60M | +47.41% | 1.65M | -16.95M | 0.05 |
| FY1994 | 31 Dec 1994 | 12.62M | +4,847.45% | 0.00 | -12.62M | 0.04 |
| FY1993 | 31 Dec 1993 | 255.00K | — | 29.33M | 29.07M | 0.00 |
| Quarter | Period ending | Total debt | Growth on a year before | Cash and short-term investments | Net cash | Debt to equity |
|---|---|---|---|---|---|---|
| Q3 FY2026 | 30 Sept 2026 | 31.39B | +8.62% | 368.53M | -31.02B | 0.79 |
| Q2 FY2026 | 30 Jun 2026 | 32.64B | +13.03% | 552.65M | -32.08B | 0.83 |
| Q1 FY2026 | 31 Mar 2026 | 30.17B | +9.56% | 373.54M | -29.80B | 0.77 |
| Q4 FY2025 | 31 Dec 2025 | 32.85B | +22.78% | 434.84M | -32.42B | 0.83 |
| Q3 FY2025 | 30 Sept 2025 | 28.90B | +10.53% | 417.17M | -28.48B | 0.74 |
| Q2 FY2025 | 30 Jun 2025 | 28.87B | +11.11% | 800.45M | -28.07B | 0.74 |
| Q1 FY2025 | 31 Mar 2025 | 27.54B | +6.43% | 319.01M | -27.22B | 0.71 |
| Q4 FY2024 | 31 Dec 2024 | 26.76B | +21.68% | 444.96M | -26.31B | 0.69 |
| Q3 FY2024 | 30 Sept 2024 | 26.15B | +27.83% | 396.96M | -25.75B | 0.68 |
| Q2 FY2024 | 30 Jun 2024 | 25.99B | +29.23% | 442.82M | -25.55B | 0.67 |
| Q1 FY2024 | 31 Mar 2024 | 25.88B | +33.62% | 680.16M | -25.20B | 0.66 |
| Q4 FY2023 | 31 Dec 2023 | 21.99B | +18.22% | 232.92M | -21.76B | 0.67 |
| Q3 FY2023 | 30 Sept 2023 | 20.45B | +21.58% | 344.13M | -20.11B | 0.65 |
| Q2 FY2023 | 30 Jun 2023 | 20.11B | +26.04% | 253.69M | -19.86B | 0.65 |
| Q1 FY2023 | 31 Mar 2023 | 19.37B | +18.00% | 164.58M | -19.20B | 0.66 |
| Q4 FY2022 | 31 Dec 2022 | 18.60B | +16.63% | 171.10M | -18.43B | 0.65 |
| Q3 FY2022 | 30 Sept 2022 | 16.82B | +77.64% | 187.75M | -16.64B | 0.63 |
| Q2 FY2022 | 30 Jun 2022 | 15.95B | +71.87% | 172.85M | -15.78B | 0.61 |
| Q1 FY2022 | 31 Mar 2022 | 16.41B | +89.73% | 151.62M | -16.26B | 0.64 |
| Q4 FY2021 | 31 Dec 2021 | 15.95B | +78.43% | 258.58M | -15.69B | 0.64 |
| Q3 FY2021 | 30 Sept 2021 | 9.47B | +10.65% | 516.98M | -8.95B | 0.71 |
| Q2 FY2021 | 30 Jun 2021 | 9.28B | +16.02% | 231.16M | -9.05B | 0.78 |
| Q1 FY2021 | 31 Mar 2021 | 8.65B | +12.88% | 183.98M | -8.47B | 0.75 |
| Q4 FY2020 | 31 Dec 2020 | 8.94B | +11.31% | 824.48M | -8.11B | 0.81 |
| Q3 FY2020 | 30 Sept 2020 | 8.56B | +19.41% | 724.75M | -7.83B | 0.82 |
| Q2 FY2020 | 30 Jun 2020 | 8.00B | +11.01% | 335.35M | -7.67B | 0.77 |
| Q1 FY2020 | 31 Mar 2020 | 7.66B | +7.18% | 41.80M | -7.62B | 0.74 |
| Q4 FY2019 | 31 Dec 2019 | 8.03B | +23.43% | 54.01M | -7.98B | 0.82 |
| Q3 FY2019 | 30 Sept 2019 | 7.17B | +5.64% | 236.06M | -6.93B | 0.77 |
| Q2 FY2019 | 30 Jun 2019 | 7.21B | +10.10% | 27.14M | -7.18B | 0.82 |
| Q1 FY2019 | 31 Mar 2019 | 7.15B | +8.34% | 3.00M | -7.15B | 0.90 |
| Q4 FY2018 | 31 Dec 2018 | 6.51B | +6.36% | 10.39M | -6.50B | 0.80 |
| Q3 FY2018 | 30 Sept 2018 | 6.79B | +17.14% | 6.67M | -6.78B | 0.88 |
| Q2 FY2018 | 30 Jun 2018 | 6.55B | +9.22% | 30.72M | -6.51B | 0.88 |
| Q1 FY2018 | 31 Mar 2018 | 6.60B | +21.57% | 20.63M | -6.58B | 0.91 |
| Q4 FY2017 | 31 Dec 2017 | 6.12B | +4.66% | 6.90M | -6.11B | 0.83 |
| Q3 FY2017 | 30 Sept 2017 | 5.79B | +10.21% | 3.20M | -5.79B | 0.79 |
| Q2 FY2017 | 30 Jun 2017 | 5.99B | +21.01% | 10.95M | -5.98B | 0.86 |
| Q1 FY2017 | 31 Mar 2017 | 5.43B | +6.24% | 27.60M | -5.40B | 0.77 |
| Q4 FY2016 | 31 Dec 2016 | 5.84B | +21.11% | 9.42M | -5.84B | 0.86 |
| Q3 FY2016 | 30 Sept 2016 | 5.26B | -0.01% | 29.80M | -5.23B | 0.78 |
| Q2 FY2016 | 30 Jun 2016 | 4.95B | -6.73% | 20.44M | -4.93B | 0.73 |
| Q1 FY2016 | 31 Mar 2016 | 5.11B | +1.60% | 8.70M | -5.10B | 0.79 |
| Q4 FY2015 | 31 Dec 2015 | 4.83B | -2.22% | 40.29M | -4.79B | 0.74 |
| Q3 FY2015 | 30 Sept 2015 | 5.26B | +5.90% | 7.07M | -5.25B | 0.87 |
| Q2 FY2015 | 30 Jun 2015 | 5.31B | +11.37% | 18.74M | -5.29B | 0.89 |
| Q1 FY2015 | 31 Mar 2015 | 5.03B | +1.13% | 12.19M | -5.02B | 0.89 |
| Q4 FY2014 | 31 Dec 2014 | 4.94B | +18.44% | 3.85M | -4.93B | 0.88 |
| Q3 FY2014 | 30 Sept 2014 | 4.96B | +5.90% | 16.94M | -4.95B | 0.89 |
| Q2 FY2014 | 30 Jun 2014 | 4.77B | +14.49% | 8.91M | -4.76B | 0.82 |
| Q1 FY2014 | 31 Mar 2014 | 4.97B | +41.94% | 14.14M | -4.96B | 0.93 |
| Q4 FY2013 | 31 Dec 2013 | 4.17B | +43.87% | 10.26M | -4.16B | 0.77 |
| Q3 FY2013 | 30 Sept 2013 | 4.69B | +88.06% | 9.96M | -4.68B | 0.94 |
| Q2 FY2013 | 30 Jun 2013 | 4.16B | +109.24% | 22.58M | -4.14B | 0.82 |
| Q1 FY2013 | 31 Mar 2013 | 3.50B | +89.41% | 4.16M | -3.50B | 0.68 |
| Q4 FY2012 | 31 Dec 2012 | 2.90B | +38.56% | 5.25M | -2.89B | 1.20 |
| Q3 FY2012 | 30 Sept 2012 | 2.49B | +30.17% | 2.79M | -2.49B | 2.47 |
| Q2 FY2012 | 30 Jun 2012 | 1.99B | +9.98% | 6.06M | -1.98B | 0.80 |
| Q1 FY2012 | 31 Mar 2012 | 1.85B | +15.62% | 5.19M | -1.84B | 0.75 |
| Q4 FY2011 | 31 Dec 2011 | 2.09B | +30.65% | 4.17M | -2.09B | 0.93 |
| Q3 FY2011 | 30 Sept 2011 | 1.91B | +19.67% | 5.54M | -1.91B | 0.84 |
| Q2 FY2011 | 30 Jun 2011 | 1.81B | +11.23% | 155.67M | -1.65B | 0.87 |
| Q1 FY2011 | 31 Mar 2011 | 1.60B | +15.12% | 129.71M | -1.47B | 0.76 |
| Q4 FY2010 | 31 Dec 2010 | 1.60B | +18.12% | 17.61M | -1.58B | 0.87 |
| Q3 FY2010 | 30 Sept 2010 | 1.60B | +18.52% | 155.58M | -1.44B | 0.98 |
| Q2 FY2010 | 30 Jun 2010 | 1.63B | +20.51% | 872.00K | -1.63B | 1.12 |
| Q1 FY2010 | 31 Mar 2010 | 1.39B | +2.96% | 849.00K | -1.39B | 0.95 |
| Q4 FY2009 | 31 Dec 2009 | 1.35B | -1.12% | 10.03M | -1.34B | 0.91 |
| Q3 FY2009 | 30 Sept 2009 | 1.35B | -8.16% | 20.04M | -1.33B | 0.90 |
| Q2 FY2009 | 30 Jun 2009 | 1.35B | -8.16% | 35.82M | -1.31B | 0.89 |
| Q1 FY2009 | 31 Mar 2009 | 1.35B | -8.16% | 10.44M | -1.34B | 0.88 |
| Q4 FY2008 | 31 Dec 2008 | 1.37B | -6.80% | 46.82M | -1.32B | 0.88 |
| Q3 FY2008 | 30 Sept 2008 | 1.47B | 0.00% | 112.56M | -1.36B | 0.94 |
| Q2 FY2008 | 30 Jun 2008 | 1.47B | +58.06% | 39.37M | -1.43B | 0.97 |
| Q1 FY2008 | 31 Mar 2008 | 1.47B | +52.21% | 13.34M | -1.46B | 0.97 |
| Q4 FY2007 | 31 Dec 2007 | 1.47B | +59.78% | 193.10M | -1.28B | 0.96 |
| Q3 FY2007 | 30 Sept 2007 | 1.47B | +59.78% | 266.64M | -1.20B | 0.95 |
| Q2 FY2007 | 30 Jun 2007 | 930.00M | +11.07% | 8.91M | -921.09M | 0.60 |
| Q1 FY2007 | 31 Mar 2007 | 965.80M | +22.47% | 5.40M | -960.40M | 0.62 |
| Q4 FY2006 | 31 Dec 2006 | 920.00M | +3.17% | 10.57M | -909.43M | 0.58 |
| Q3 FY2006 | 30 Sept 2006 | 920.00M | +21.85% | 113.37M | -806.63M | 0.77 |
| Q2 FY2006 | 30 Jun 2006 | 837.30M | +31.90% | 10.75M | -826.55M | 0.76 |
| Q1 FY2006 | 31 Mar 2006 | 788.60M | +35.24% | 4.11M | -784.49M | 0.71 |
| Q4 FY2005 | 31 Dec 2005 | 891.70M | +77.07% | 65.70M | -826.00M | 0.90 |
| Q3 FY2005 | 30 Sept 2005 | 755.00M | +44.25% | 2.24M | -752.76M | 0.76 |
| Q2 FY2005 | 30 Jun 2005 | 634.80M | +32.25% | 1.95M | -632.85M | 0.70 |
| Q1 FY2005 | 31 Mar 2005 | 583.10M | +13.62% | 11.08M | -572.02M | 0.64 |
| Q4 FY2004 | 31 Dec 2004 | 503.60M | -0.55% | 2.14M | -501.46M | 0.55 |
| Q3 FY2004 | 30 Sept 2004 | 523.40M | +23.07% | 8.48M | -514.92M | 0.59 |
| Q2 FY2004 | 30 Jun 2004 | 480.00M | +25.62% | 15.04M | -464.96M | 0.52 |
| Q1 FY2004 | 31 Mar 2004 | 513.20M | +44.64% | 5.55M | -507.65M | 0.57 |
| Q4 FY2003 | 31 Dec 2003 | 506.40M | +49.07% | 4.84M | -501.56M | 0.61 |
| Q3 FY2003 | 30 Sept 2003 | 425.30M | +28.03% | 5.71M | -419.59M | 0.60 |
| Q2 FY2003 | 30 Jun 2003 | 382.10M | -0.96% | 4.72M | -377.38M | 0.53 |
| Q1 FY2003 | 31 Mar 2003 | 354.80M | +16.86% | 3.61M | -351.19M | 0.49 |
| Q4 FY2002 | 31 Dec 2002 | 339.70M | +7.74% | 8.92M | -330.78M | 0.47 |
| Q3 FY2002 | 30 Sept 2002 | 332.20M | +1.44% | 8.39M | -323.81M | 0.46 |
| Q2 FY2002 | 30 Jun 2002 | 385.80M | +28.51% | 21.24M | -364.56M | 0.57 |
| Q1 FY2002 | 31 Mar 2002 | 303.60M | -19.32% | 3.73M | -299.87M | 0.45 |
| Q4 FY2001 | 31 Dec 2001 | 315.30M | -21.96% | 2.47M | -312.83M | 0.47 |
| Q3 FY2001 | 30 Sept 2001 | 327.50M | -21.33% | 11.62M | -315.88M | 0.55 |
| Q2 FY2001 | 30 Jun 2001 | 300.20M | -23.48% | 1.18M | -299.02M | 0.51 |
| Q1 FY2001 | 31 Mar 2001 | 376.30M | +2.56% | 1.99M | -374.31M | 0.73 |
| Q4 FY2000 | 31 Dec 2000 | 404.00M | +15.69% | 3.82M | -400.19M | 0.78 |
| Q3 FY2000 | 30 Sept 2000 | 416.30M | +25.20% | 5.30M | -411.00M | 0.81 |
| Q2 FY2000 | 30 Jun 2000 | 392.30M | +21.34% | 2.45M | -389.85M | 0.75 |
| Q1 FY2000 | 31 Mar 2000 | 366.90M | +9.88% | 2.10M | -364.80M | 0.69 |
| Q4 FY1999 | 31 Dec 1999 | 349.20M | +18.45% | 773.00K | -348.43M | 0.65 |
| Q3 FY1999 | 30 Sept 1999 | 332.50M | +46.48% | -3.00M | -335.50M | 0.62 |
| Q2 FY1999 | 30 Jun 1999 | 323.30M | +63.37% | -17.00M | -340.30M | 0.64 |
| Q1 FY1999 | 31 Mar 1999 | 333.90M | +125.61% | -6.00M | -339.90M | 0.75 |
| Q4 FY1998 | 31 Dec 1998 | 294.80M | +122.32% | 2.53M | -292.27M | 0.65 |
| Q3 FY1998 | 30 Sept 1998 | 227.00M | +27.82% | -3.00M | -230.00M | 0.50 |
| Q2 FY1998 | 30 Jun 1998 | 197.90M | +62.21% | -3.00M | -200.90M | 0.43 |
| Q1 FY1998 | 31 Mar 1998 | 148.00M | +67.80% | -2.00M | -150.00M | 0.32 |
| Q4 FY1997 | 31 Dec 1997 | 132.60M | +89.43% | 2.12M | -130.48M | 0.31 |
| Q3 FY1997 | 30 Sept 1997 | 177.60M | +385.25% | -6.00M | -183.60M | 0.48 |
| Q2 FY1997 | 30 Jun 1997 | 122.00M | +395.93% | -3.00M | -125.00M | 0.33 |
| Q1 FY1997 | 31 Mar 1997 | 88.20M | +258.54% | -3.00M | -91.20M | 0.24 |
| Q4 FY1996 | 31 Dec 1996 | 70.00M | +276.40% | 1.56M | -68.44M | 0.19 |
| Q3 FY1996 | 30 Sept 1996 | 36.60M | -36.01% | -1.00M | -37.60M | 0.10 |
| Q2 FY1996 | 30 Jun 1996 | 24.60M | -44.34% | -1.00M | -25.60M | 0.06 |
| Q1 FY1996 | 31 Mar 1996 | 24.60M | +54.72% | -2.00M | -26.60M | 0.06 |
| Q4 FY1995 | 31 Dec 1995 | 18.60M | +47.41% | 1.65M | -16.95M | 0.05 |
| Q3 FY1995 | 30 Sept 1995 | 57.20M | +336.64% | 0.00 | -57.20M | 0.17 |
| Q2 FY1995 | 30 Jun 1995 | 44.20M | — | 0.00 | -44.20M | 0.13 |
| Q1 FY1995 | 31 Mar 1995 | 15.90M | — | 0.00 | -15.90M | 0.05 |
| Q4 FY1994 | 31 Dec 1994 | 12.62M | — | 11.67M | -943.00K | 0.04 |
| Q3 FY1994 | 30 Sept 1994 | 13.10M | — | 0.00 | -13.10M | 0.04 |
Figures in USD at the end of each period. Net cash is cash and short-term investments less total debt; book value per share is on the diluted share count. The latest column is the most recent quarter.
Total debt counts commercial paper, term debt and lease liabilities.
See also:Revenue,Net income,EPS,Shares outstanding,Operating income,Cash on hand,Free cash flow,Stock buybacks,Balance sheet
Common questions about Realty Income's debt
Source: Financial Modeling Prep