Company / SG&A Expense
Realty Income SG&A Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest SG&A Expense
$202.6M
FY2025
5-year range
$66.5M / $202.6M
FY2021-FY2025
Trend
+14.5%
vs FY2024
Sector context
#22 of 131
Real Estate
What the data says
Realty Income's sg&a expense of $203M is higher than 83% of companies in the Real Estate sector (FY2025). SG&A Expense has increased for 4 consecutive years, from $66M in FY2021 to $203M in FY2025.
Based on SEC 10-K filings.
$203M in FY2025 with a 5-year CAGR of +19.2%. Top quartile in the Real Estate sector.
Increased from $97M to $203M over the past 2 years.
Real Estate sector context is included.
SG&A Expense over time
Growth rates
- 3-Year CAGR
- +40.4%
- 5-Year CAGR
- +19.2%
- 10-Year CAGR
- -
Sector benchmark
Bottom 17% in Real EstateTop 83% of 131This company $202.6M Sector average $159.5M
▼
+27.0% above sector average
Key checks
Key Insights
- Realty Income's sg&a expense has grown for 4 consecutive years.
- 5-year CAGR of +19.2%, indicating consistent growth.
- In FY2025, sg&a expense increased 14.5% year-over-year.
- Ranks #22 out of 131 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 | SG&A ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $202.6M | +14.5% |
| FY2024 | $176.9M | +82.4% |
| FY2023 | $97.0M | +32.5% |
| FY2022 | $73.2M | +10.1% |
| FY2021 | $66.5M | -21.0% |
| FY2020 | $84.1M | +44.0% |
| FY2019 | $58.4M | -30.5% |
| FY2018 | $84.1M | +44.0% |
| FY2017 | $58.4M | +12.5% |
| FY2016 | $52.0M | +5.4% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026