Company / Free Cash Flow
Realty Income Free Cash Flow History
FY2016-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Free Cash Flow
$1.3B
FY2023
5-year range
$1.0B / $1.3B
FY2019-FY2023
Trend
+17.7%
vs FY2022
Sector context
#4 of 41
Real Estate
What the data says
Among 41 Real Estate companies, Realty Income is in the top 10% for free cash flow. Free Cash Flow has increased for 4 consecutive years, from $861M in FY2019 to $1.3B in FY2023.
Based on SEC 10-K filings.
$1.3B in FY2023 with a 3-year CAGR of +12.5%. Top quartile in the Real Estate sector.
Improved from $1.0B to $1.3B over the past 2 years.
Real Estate sector context is included.
Free Cash Flow over time
Growth rates
- 3-Year CAGR
- +12.5%
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Top 10% in Real EstateTop 10% of 41This company $1.3B Sector average $438.1M
▼
+197.5% above sector average
Key checks
Key Insights
- Realty Income's free cash flow has grown for 4 consecutive years.
- 3-year CAGR of +12.5%, indicating consistent growth.
- In FY2023, free cash flow increased 17.7% year-over-year.
- Ranks #4 out of 41 companies in the Real Estate sector.
Company context
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Free Cash FlowValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $1.3B | +17.7% |
| FY2022 | $1.1B | +5.9% |
| FY2021 | $1.0B | +14.2% |
| FY2020 | $915.4M | +6.4% |
| FY2019 | $860.6M | - |
| FY2018 | - | - |
| FY2017 | $860.6M | +9.4% |
| FY2016 | $786.4M | +15.3% |
As of FY2023 · SEC 10-K · Updated Jun 30, 2026