Realty Income Corporation (O) — Cash Flow Quality Index
Realty Income Corporation (O) has a Cash Flow Quality Index of 2.72x as of March 2026. Operating cash flow of $874.50 Million exceeds net income of $320.94 Million, indicating high earnings quality where cash backs reported profits. Explore Realty Income Corporation (O) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Realty Income Corporation Cash Flow Quality Index (1993–2025)
Historical Cash Flow Quality Index for Realty Income Corporation across 33 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Realty Income Corporation cash conversion from operations.
Annual Cash Flow Quality Index for Realty Income Corporation (1993–2025)
Year-by-year earnings quality comparison for Realty Income Corporation.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 3.73x | $3.99 Billion | $1.07 Billion | ▼ -9.4% |
| 2024 | 4.12x | $3.57 Billion | $867.34 Million | ▲ +21.5% |
| 2023 | 3.39x | $2.96 Billion | $872.31 Million | ▲ +15.4% |
| 2022 | 2.94x | $2.56 Billion | $872.42 Million | ▼ -19.8% |
| 2021 | 3.67x | $1.32 Billion | $360.75 Million | ▲ +30.3% |
| 2020 | 2.81x | $1.12 Billion | $396.51 Million | ▲ +15.1% |
| 2019 | 2.44x | $1.07 Billion | $437.48 Million | ▼ -5.3% |
| 2018 | 2.58x | $940.74 Million | $364.60 Million | ▼ -5.9% |
| 2017 | 2.74x | $875.85 Million | $319.32 Million | ▲ +8.0% |
| 2016 | 2.54x | $804.04 Million | $316.48 Million | ▲ +4.5% |
| 2015 | 2.43x | $692.30 Million | $284.86 Million | ▲ +4.2% |
| 2014 | 2.33x | $627.69 Million | $269.14 Million | ▼ -19.5% |
| 2013 | 2.90x | $518.91 Million | $179.18 Million | ▲ +29.5% |
| 2012 | 2.24x | $326.47 Million | $145.97 Million | ▲ +13.1% |
| 2011 | 1.98x | $298.95 Million | $151.14 Million | ▼ -1.3% |
| 2010 | 2.00x | $243.37 Million | $121.42 Million | ▲ +15.9% |
| 2009 | 1.73x | $226.71 Million | $131.13 Million | ▼ -17.9% |
| 2008 | 2.11x | $246.16 Million | $116.85 Million | ▼ -15.7% |
| 2007 | 2.50x | $318.17 Million | $127.38 Million | ▲ +204.7% |
| 2006 | 0.82x | $86.94 Million | $106.06 Million | ▼ -33.2% |
| 2005 | 1.23x | $109.56 Million | $89.22 Million | ▼ -42.1% |
| 2004 | 2.12x | $178.34 Million | $84.10 Million | ▲ +127.1% |
| 2003 | 0.93x | $73.96 Million | $79.21 Million | ▼ -45.3% |
| 2002 | 1.71x | $124.81 Million | $73.08 Million | ▲ +28.2% |
| 2001 | 1.33x | $90.03 Million | $67.56 Million | ▲ +29.0% |
| 2000 | 1.03x | $56.59 Million | $54.79 Million | ▼ -33.3% |
| 1999 | 1.55x | $72.15 Million | $46.60 Million | ▼ -1.1% |
| 1998 | 1.57x | $64.64 Million | $41.30 Million | ▲ +3.3% |
| 1997 | 1.52x | $52.69 Million | $34.77 Million | ▲ +1.6% |
| 1996 | 1.49x | $48.07 Million | $32.22 Million | ▼ -5.3% |
| 1995 | 1.57x | $40.31 Million | $25.60 Million | ▲ +39.2% |
| 1994 | 1.13x | $28.50 Million | $25.20 Million | ▼ -13.8% |
| 1993 | 1.31x | $38.48 Million | $29.32 Million | — |