Realty Income Corporation (O) — Free Cash Flow Generation Index

Latest as of March 2026: 0.97x

Realty Income Corporation (O) has a Free Cash Flow Generation Index of 0.97x as of March 2026. Free cash flow of $848.19 Million represents 1% of operating cash flow ($874.50 Million). See Realty Income Corporation (O) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.

FCF Generation Index

0.97x
Free Cash Flow / Operating CF

Free Cash Flow

$848.19 Million
USD

Operating Cash Flow

$874.50 Million
USD

Capital Expenditures

$26.31 Million
USD

Realty Income Corporation Free Cash Flow Generation Index (1993–2025)

Historical FCF Generation Index trend for Realty Income Corporation across 33 annual periods. Explore Realty Income Corporation (O) cash flow to debt to assess how comfortably operating cash covers total debt obligations.

Annual Free Cash Flow Generation for Realty Income Corporation (1993–2025)

Year-by-year Free Cash Flow Generation Index for Realty Income Corporation. For the full company profile including market capitalisation, see O market cap overview.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2025 1.00x $3.99 Billion $3.99 Billion $131.80 Million ▲ +3.5%
2024 0.97x $3.45 Billion $3.57 Billion $121.41 Million ▼ -1.1%
2023 0.98x $2.89 Billion $2.96 Billion $68.69 Million ▼ -2.3%
2022 1.00x $2.56 Billion $2.56 Billion $8.98 Billion ▲ +0.0%
2021 1.00x $1.32 Billion $1.32 Billion $6.33 Billion ▲ +0.0%
2020 1.00x $1.12 Billion $1.12 Billion $26.77 Million ▲ +0.0%
2019 1.00x $1.07 Billion $1.07 Billion $3.49 Billion ▲ +2.8%
2018 0.97x $915.39 Million $940.74 Million $25.35 Million ▼ -1.0%
2017 0.98x $860.60 Million $875.85 Million $15.25 Million ▼ -0.1%
2016 0.98x $790.62 Million $804.04 Million $13.43 Million ▼ 0.0%
2015 0.98x $680.76 Million $692.30 Million $11.54 Million ▼ -0.7%
2014 0.99x $621.66 Million $627.69 Million $6.03 Million ▲ +0.7%
2013 0.98x $510.40 Million $518.91 Million $8.51 Million ▲ +0.4%
2012 0.98x $319.92 Million $326.47 Million $6.55 Million ▼ -2.0%
2011 1.00x $298.95 Million $298.95 Million $957.35 Million ▲ +0.0%
2010 1.00x $243.37 Million $243.37 Million $15.38 Million ▲ +0.0%
2009 1.00x $226.71 Million $226.71 Million $860.00K ▲ +0.0%
2008 1.00x $246.16 Million $246.16 Million $397.00K ▲ +0.0%
2007 1.00x $318.17 Million $318.17 Million $507.36 Million ▲ +0.0%
2006 1.00x $86.94 Million $86.94 Million $655.09 Million ▲ +0.0%
2005 1.00x $109.56 Million $109.56 Million $426.84 Million ▲ +0.0%
2004 1.00x $178.34 Million $178.34 Million $195.47 Million ▲ +0.0%
2003 1.00x $73.96 Million $73.96 Million $0.00 ▲ +0.0%
2002 1.00x $124.81 Million $124.81 Million $0.00 ▲ +0.0%
2001 1.00x $90.03 Million $90.03 Million $0.00 ▲ +12531.7%
2000 0.01x $448.00K $56.59 Million $56.14 Million ▲ +100.6%
1999 -1.41x $-101.90 Million $72.15 Million $174.06 Million ▲ +28.6%
1998 -1.98x $-127.94 Million $64.64 Million $192.59 Million ▼ -18.9%
1997 -1.66x $-87.70 Million $52.69 Million $140.39 Million ▼ -948.3%
1996 -0.16x $-7.63 Million $48.07 Million $55.70 Million ▲ +75.0%
1995 -0.63x $-25.58 Million $40.31 Million $65.89 Million ▼ -172.3%
1994 0.88x $25.00 Million $28.50 Million $3.50 Million ▼ -12.3%
1993 1.00x $38.48 Million $38.48 Million $0.00
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).