Realty Income Corporation (O) — Cash Flow Reinvestment Rate

Latest as of March 2026: 0.03x

Realty Income Corporation (O) has a Cash Flow Reinvestment Rate of 0.03x as of March 2026, reinvesting $26.31 Million (capex $26.31 Million ) from operating cash flow of $874.50 Million. See Realty Income Corporation free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

0.03x
(Capex + Investments) / Operating CF

Total Reinvested

$26.31 Million
Capex + Investments

Operating Cash Flow

$874.50 Million
USD

Capital Expenditures

$26.31 Million
USD

Realty Income Corporation Cash Flow Reinvestment Rate (1993–2025)

Historical reinvestment intensity for Realty Income Corporation across 33 annual periods. For the full cash flow conversion analysis, see Realty Income Corporation operating cash flow efficiency.

Annual Cash Flow Reinvestment Rate for Realty Income Corporation (1993–2025)

Year-by-year capital reinvestment analysis for Realty Income Corporation. See O FCF to total liabilities ratio to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 0.03x $131.80 Million $3.99 Billion $131.80 Million ▼ -96.6%
2024 0.97x $3.46 Billion $3.57 Billion $121.41 Million ▼ -72.8%
2023 3.57x $10.57 Billion $2.96 Billion $68.69 Million ▲ +0.7%
2022 3.55x $9.09 Billion $2.56 Billion $8.98 Billion ▼ -26.1%
2021 4.80x $6.34 Billion $1.32 Billion $6.33 Billion ▲ +159.9%
2020 1.85x $2.06 Billion $1.12 Billion $26.77 Million ▼ -43.7%
2019 3.28x $3.50 Billion $1.07 Billion $3.49 Billion ▲ +10032.0%
2018 0.03x $30.42 Million $940.74 Million $25.35 Million ▲ +25.2%
2017 0.03x $22.62 Million $875.85 Million $15.25 Million ▼ -19.9%
2016 0.03x $25.94 Million $804.04 Million $13.43 Million ▼ -3.2%
2015 0.03x $23.08 Million $692.30 Million $11.54 Million ▲ +227.9%
2014 0.01x $6.38 Million $627.69 Million $6.03 Million ▼ -72.5%
2013 0.04x $19.16 Million $518.91 Million $8.51 Million ▼ -8.0%
2012 0.04x $13.11 Million $326.47 Million $6.55 Million ▼ -98.7%
2011 3.20x $957.35 Million $298.95 Million $957.35 Million ▲ +4965.6%
2010 0.06x $15.38 Million $243.37 Million $15.38 Million ▲ +1566.5%
2009 0.00x $860.00K $226.71 Million $860.00K ▲ +135.2%
2008 0.00x $397.00K $246.16 Million $397.00K ▼ -99.9%
2007 1.59x $507.36 Million $318.17 Million $507.36 Million ▼ -78.8%
2006 7.53x $655.09 Million $86.94 Million $655.09 Million ▲ +93.4%
2005 3.90x $426.84 Million $109.56 Million $426.84 Million ▲ +255.5%
2004 1.10x $195.47 Million $178.34 Million $195.47 Million
2003 0.00x $0.00 $73.96 Million $0.00
2002 0.00x $0.00 $124.81 Million $0.00
2001 0.00x $0.00 $90.03 Million $0.00 ▼ -100.0%
2000 0.99x $56.14 Million $56.59 Million $56.14 Million ▼ -58.9%
1999 2.41x $174.06 Million $72.15 Million $174.06 Million ▼ -19.0%
1998 2.98x $192.59 Million $64.64 Million $192.59 Million ▲ +11.8%
1997 2.66x $140.39 Million $52.69 Million $140.39 Million ▲ +129.9%
1996 1.16x $55.70 Million $48.07 Million $55.70 Million ▼ -29.1%
1995 1.63x $65.89 Million $40.31 Million $65.89 Million ▲ +1231.0%
1994 0.12x $3.50 Million $28.50 Million $3.50 Million
1993 0.00x $0.00 $38.48 Million $0.00
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow