← REALTY INCOME CORP
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income From Continuing Operations | — | — | — | — | — | — | $872.4m | $876.9m | $867.3m | $1.1b | |
| Net Income (Loss) Attributable to Parent | $315.6m | $318.8m | $363.6m | $436.5m | $395.5m | $359.5m | $869.4m | $872.3m | $860.8m | $1.1b | |
| Net Income (Loss) Available to Common Stockholders, Basic | $288.5m | $301.5m | $363.6m | $436.5m | — | — | $869.4m | $872.3m | $847.9m | $1.1b | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $316.5m | $319.3m | $364.6m | $437.5m | $396.5m | $360.7m | $872.4m | $876.9m | $867.3m | $1.1b | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $316.5m | — | — | — | — | — | — | — | — | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $906k | $520k | $984k | $996k | $1.0m | $1.3m | $3.0m | $4.6m | $6.6m | $11.2m | |
| Depreciation, Depletion and Amortization | $449.9m | $498.8m | $539.8m | $594.0m | $677.0m | $897.8m | $1.7b | $1.9b | $2.4b | $2.5b | |
| Amortization of Debt Issuance Costs | $8.9m | $9.2m | $9.0m | $9.8m | $11.0m | $12.3m | $15.6m | $26.7m | $23.9m | $29.7m | |
| Amortization of Intangible Assets | $94.0m | — | — | — | — | — | — | — | — | — | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $1.7b | $1.9b | $2.4b | $2.5b | |
| Deferred Income Tax Expense (Benefit) | — | — | — | — | — | — | — | — | — | $603k | |
| Deferred Income Tax | — | — | — | — | — | — | $0 | $0 | $3.6m | $603k | |
| Deferred Tax | — | — | — | — | — | — | $0 | $0 | $3.6m | $603k | |
| Share-based Payment Arrangement, Noncash Expense | $12.0m | $13.9m | $27.3m | $13.7m | $16.5m | $41.8m | $21.6m | $26.2m | $57.5m | $30.8m | |
| Share-based Payment Arrangement, Expense | $12.0m | — | — | — | — | — | — | — | — | — | |
| Goodwill, Impairment Loss | — | $0 | $0 | — | — | $0 | $0 | $0 | $0 | $0 | |
| Asset Impairment Charge | — | — | — | — | — | — | $25.9m | $87.1m | $425.8m | $471.3m | |
| Income (Loss) from Equity Method Investments | — | — | — | — | — | $1.1m | ($6.4m) | $2.5m | $7.8m | $13.3m | |
| Gain (Loss) on Extinguishment of Debt | — | ($42.4m) | $0 | $0 | ($9.8m) | ($97.2m) | $367k | $0 | $0 | — | |
| Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal | — | — | — | — | — | — | — | $4.9m | $106.8m | $36.8m | |
| Income Tax Expense (Benefit) | $3.3m | $6.0m | $5.3m | $6.2m | $14.7m | $31.7m | $45.2m | $52.0m | $66.6m | $85.3m | |
| Other Nonoperating Income (Expense) | — | — | — | — | — | $9.9m | $30.5m | $23.8m | $23.6m | $29.4m | |
| Earnings (Loss)es From Equity Investments | — | — | — | — | — | — | $6.4m | ($2.5m) | ($7.8m) | ($13.3m) | |
| Additional Financial Items | |||||||||||
| Foreign Currency Transaction Gain (Loss), Unrealized | — | — | — | — | — | — | ($220.9m) | ($37.8m) | $19.4m | ($54.9m) | |
| Gain (Loss) on Sale of Properties | — | $40.9m | $24.6m | $30.0m | $76.2m | $55.8m | $103.0m | $25.7m | $117.3m | $177.6m | |
| General and Administrative Expense | $52.0m | $58.4m | $84.1m | $66.5m | $73.2m | $97.0m | $138.5m | $144.5m | $176.9m | $202.6m | |
| Goodwill | $15.1m | $15.0m | $14.6m | $14.4m | $14.2m | $3.7b | $3.7b | $3.7b | $4.9b | $4.9b | |
| Unrealized Gain (Loss) on Derivatives | — | — | — | ($2.8m) | ($4.4m) | ($2.9m) | ($718k) | $7.2m | — | — | |
| Beginning Cash Position | — | — | — | — | — | — | $332.4m | $226.9m | $292.2m | $495.5m | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | $5.7b | $6.4b | ($21.2m) | $1.7b | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($8.4b) | ($9.4b) | ($3.3b) | ($5.7b) | |
| Change In Account Payable | — | — | — | — | — | — | ($5.3m) | $285.3m | $2.6m | $193.6m | |
| Change In Payable | — | — | — | — | — | — | ($5.3m) | $285.3m | $2.6m | $193.6m | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | ($5.3m) | $285.3m | $2.6m | $193.6m | |
| Change In Receivables | — | — | — | — | — | — | ($29.5m) | ($111.3m) | $28.1m | ($115.8m) | |
| Change In Working Capital | — | — | — | — | — | — | ($34.8m) | $174.0m | $30.7m | $77.8m | |
| Changes In Account Receivables | — | — | — | — | — | — | ($29.5m) | ($111.3m) | $28.1m | ($115.8m) | |
| Changes In Cash | — | — | — | — | — | — | ($85.0m) | $41.3m | $209.2m | $9.4m | |
| End Cash Position | — | — | — | — | — | — | $226.9m | $292.2m | $495.5m | $520.8m | |
| Financing Cash Flow | — | — | — | — | — | — | $5.7b | $6.4b | ($21.2m) | $1.7b | |
| Free Cash Flow | — | — | — | — | — | — | $2.6b | $3.0b | $3.6b | $4.0b | |
| Gain Loss On Investment Securities | — | — | — | — | — | — | ($102.2m) | ($25.7m) | ($117.3m) | ($177.6m) | |
| Investing Cash Flow | — | — | — | — | — | — | ($8.4b) | ($9.4b) | ($3.3b) | ($5.7b) | |
| Issuance Of Capital Stock | — | — | — | — | — | — | $4.6b | $5.4b | $1.7b | $2.4b | |
| Net Business Purchase And Sale | — | — | — | — | — | — | $109.5m | ($1.2b) | $23.3m | ($52.3m) | |
| Net Foreign Currency Exchange Gain Loss | — | — | — | — | — | — | $220.9m | $37.8m | ($19.4m) | $54.9m | |
| Net Preferred Stock Issuance | — | — | — | — | — | — | $0 | $0 | ($172.5m) | $0 | |
| Operating Gains Losses | — | — | — | — | — | — | $124.8m | $9.6m | ($144.5m) | ($136.0m) | |
| Other Non Cash Items | — | — | — | — | — | — | ($118.0m) | ($116.0m) | ($83.9m) | ($83.6m) | |
| Preferred Stock Payments | — | — | — | — | — | — | $0 | $0 | ($172.5m) | $0 | |
| Purchase Of Business | — | — | — | — | — | — | $0 | ($1.2b) | ($70.4m) | ($52.3m) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | $0 | $0 | ($172.5m) | $0 | |
| Sale Of Business | — | — | — | — | — | — | $109.5m | $3.9m | $93.7m | $0 | |
| Stock Based Compensation | — | — | — | — | — | — | $21.6m | $26.2m | $57.5m | $30.8m | |
| Net Cash Provided by (Used in) Operating Activities | $804.0m | $875.9m | $940.7m | $1.1b | $1.1b | $1.3b | $2.6b | $3.0b | $3.6b | $4.0b | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | — | — | $366.0m | $0 | $0 | — | — | |
| Net Investment Properties Purchase And Sale | — | — | — | — | — | — | ($8.5b) | ($8.0b) | ($2.8b) | ($4.0b) | |
| Purchase Of Investment Properties | — | — | — | — | — | — | ($9.0b) | ($8.1b) | ($3.4b) | ($4.8b) | |
| Sale Of Investment Properties | — | — | — | — | — | — | $436.1m | $117.4m | $589.5m | $744.0m | |
| Net Other Investing Changes | — | — | — | — | — | — | $49.3m | ($174.5m) | ($571.8m) | ($1.6b) | |
| Net Cash Provided by (Used in) Investing Activities | ($1.7b) | ($1.3b) | ($1.6b) | ($3.5b) | ($2.0b) | ($6.4b) | ($8.4b) | ($9.4b) | ($3.3b) | ($5.7b) | |
| Cash flows from financing activities: | |||||||||||
| Issuance Of Debt | — | — | — | — | — | — | $30.7b | $82.6b | $39.5b | $23.6b | |
| Long Term Debt Issuance | — | — | — | — | — | — | $2.2b | $5.3b | $2.7b | $3.3b | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | $2.9b | $3.2b | $1.2b | $1.8b | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | $1.8b | $5.2b | $817.4m | $1.1b | |
| Net Short Term Debt Issuance | — | — | — | — | — | — | $1.1b | ($2.1b) | $358.4m | $723.0m | |
| Short Term Debt Issuance | — | — | — | — | — | — | $28.5b | $77.3b | $36.9b | $20.3b | |
| Long Term Debt Payments | — | — | — | — | — | — | ($312.2m) | ($22.0m) | ($1.8b) | ($2.2b) | |
| Repayment Of Debt | — | — | — | — | — | — | ($27.7b) | ($79.4b) | ($38.4b) | ($21.8b) | |
| Short Term Debt Payments | — | — | — | — | — | — | ($27.4b) | ($79.4b) | ($36.5b) | ($19.6b) | |
| Proceeds from Issuance of Common Stock | $383.6m | $704.9m | $0 | $845.1m | $728.9m | $1.3b | $4.6b | $5.4b | $1.7b | $2.4b | |
| Common Stock Issuance | — | — | — | — | — | — | $4.6b | $5.4b | $1.7b | $2.4b | |
| Net Common Stock Issuance | — | — | — | — | — | — | $4.6b | $5.4b | $1.7b | $2.4b | |
| Payments of Ordinary Dividends, Common Stock | $611 | $689 | $762 | $852 | $964 | $1k | $2k | $2k | $3k | $3k | |
| Proceeds from Noncontrolling Interests | — | — | — | — | — | — | — | — | — | $488.5m | |
| Dividends Payable | $55 | $61 | $68 | $77 | $86 | $147 | $166 | $195 | $238 | $255 | |
| Cash Dividends Paid | — | — | — | — | — | — | ($1.8b) | ($2.1b) | ($2.7b) | ($2.9b) | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($1.8b) | ($2.1b) | ($2.7b) | ($2.9b) | |
| Dividend Received CFO | — | — | — | — | — | — | $1.6m | $5.8m | $21.0m | $39.9m | |
| Preferred Stock Dividend Paid | — | — | — | — | — | — | $0 | $0 | ($7.8m) | $0 | |
| Proceeds from (Payments for) Other Financing Activities | ($7.0m) | ($14.4m) | ($33.4m) | ($4.8m) | ($23.3m) | ($33.6m) | ($4.8m) | ($7.0m) | ($8.9m) | $46.9m | |
| Net Other Financing Charges | — | — | — | — | — | — | $48.5m | ($77.3m) | ($67.8m) | $446.9m | |
| Net Cash Provided by (Used in) Financing Activities | $866.2m | $375.1m | $707.9m | $2.5b | $1.7b | $4.6b | $5.7b | $6.4b | ($21.2m) | $1.7b | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | ($9.8m) | $4.4m | $20.1m | ($20.5m) | $24.0m | ($5.9m) | $15.9m | |
| Effect Of Exchange Rate Changes | — | — | — | — | — | — | ($20.5m) | $24.0m | ($5.9m) | $15.9m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | ($3.5m) | $8.9m | $49.9m | $779.7m | ($518.3m) | ($105.5m) | $65.3m | $203.3m | $25.2m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | $12.1m | $21.1m | $71.0m | $850.7m | $332.4m | $226.9m | $292.2m | $495.5m | $520.8m | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($105.5m) | $65.3m | $203.3m | $25.2m | |
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | $240.4m | $251.5m | $275.3m | $285.6m | $355.5m | $501.7m | $692.0m | $970.0m | $1.1b | |
| Income Taxes Paid, Net | — | — | — | — | — | — | $45.0m | $12.3m | $32.3m | $49.8m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.