Realty Income Corporation (O) — Financial Flexibility Index

Latest as of March 2026: 0.03x

Realty Income Corporation (O) has a Financial Flexibility Index of 0.03x as of March 2026. Free cash flow of $900.82 Million (operating CF $874.50 Million minus capex $26.31 Million) represents 0% of total liabilities ($33.32 Billion). Check O capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.03x
Free Cash Flow / Total Liabilities

Free Cash Flow

$900.82 Million
Operating CF − Capex

Total Liabilities

$33.32 Billion
USD

Capital Expenditures

$26.31 Million
USD

Realty Income Corporation Financial Flexibility Index (1993–2025)

Historical Financial Flexibility Index trend for Realty Income Corporation across 33 annual periods. For the full cash flow conversion analysis, see how efficiently does Realty Income Corporation generate cash.

Annual Financial Flexibility Index for Realty Income Corporation (1993–2025)

Year-by-year free cash flow to debt coverage for Realty Income Corporation. Explore how well can Realty Income Corporation service its debt to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 0.13x $4.13 Billion $3.99 Billion $32.67 Billion ▲ +1.8%
2024 0.12x $3.69 Billion $3.57 Billion $29.78 Billion ▲ +1.1%
2023 0.12x $3.03 Billion $2.96 Billion $24.67 Billion ▼ -77.9%
2022 0.55x $11.55 Billion $2.56 Billion $20.83 Billion ▲ +30.4%
2021 0.43x $7.65 Billion $1.32 Billion $18.01 Billion ▲ +261.8%
2020 0.12x $1.14 Billion $1.12 Billion $9.72 Billion ▼ -77.4%
2019 0.52x $4.56 Billion $1.07 Billion $8.75 Billion ▲ +284.8%
2018 0.14x $966.09 Million $940.74 Million $7.14 Billion ▲ +1.2%
2017 0.13x $891.10 Million $875.85 Million $6.67 Billion ▲ +4.1%
2016 0.13x $817.47 Million $804.04 Million $6.37 Billion ▼ -3.1%
2015 0.13x $703.84 Million $692.30 Million $5.31 Billion ▲ +12.3%
2014 0.12x $633.72 Million $627.69 Million $5.37 Billion ▲ +0.7%
2013 0.12x $527.41 Million $518.91 Million $4.50 Billion ▲ +6.6%
2012 0.11x $333.02 Million $326.47 Million $3.03 Billion ▼ -81.1%
2011 0.58x $1.26 Billion $298.95 Million $2.16 Billion ▲ +278.8%
2010 0.15x $258.75 Million $243.37 Million $1.69 Billion ▼ -3.9%
2009 0.16x $227.57 Million $226.71 Million $1.43 Billion ▼ -6.9%
2008 0.17x $246.55 Million $246.16 Million $1.44 Billion ▼ -68.1%
2007 0.54x $825.53 Million $318.17 Million $1.54 Billion ▼ -29.9%
2006 0.76x $742.03 Million $86.94 Million $970.52 Million ▲ +32.8%
2005 0.58x $536.40 Million $109.56 Million $931.77 Million ▼ -18.6%
2004 0.71x $373.81 Million $178.34 Million $528.58 Million ▲ +409.2%
2003 0.14x $73.96 Million $73.96 Million $532.49 Million ▼ -60.2%
2002 0.35x $124.81 Million $124.81 Million $357.77 Million ▲ +28.6%
2001 0.27x $90.03 Million $90.03 Million $331.92 Million ▲ +0.9%
2000 0.27x $112.73 Million $56.59 Million $419.20 Million ▼ -59.5%
1999 0.66x $246.21 Million $72.15 Million $370.57 Million ▼ -20.2%
1998 0.83x $257.23 Million $64.64 Million $309.02 Million ▼ -38.0%
1997 1.34x $193.08 Million $52.69 Million $143.71 Million ▲ +3.4%
1996 1.30x $103.78 Million $48.07 Million $79.86 Million ▼ -55.7%
1995 2.93x $106.20 Million $40.31 Million $36.22 Million ▲ +15.5%
1994 2.54x $32.00 Million $28.50 Million $12.60 Million ▼ -98.3%
1993 150.92x $38.48 Million $38.48 Million $255.00K
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities