Quality score · O · Real Estate

Is Realty Income Corp. a quality business?

Realty Income Corp. (O) scored on five pillars from its reported financial statements, and ranked against 84 Real Estate companies.

5.7/ 10
Solid quality
as of October 19, 2026
Profitability
5.0 Average
Solvency
—
Growth
7.8 Strong
Efficiency
6.2 Average
Predictability
4.1 Average
Strongest pillar: Growth · Weakest: Predictability

Realty Income Corp. (O) scores 5.7 out of 10 as of , computed from its reported financial statements. That reads as solid quality. The reading rests on growth, and predictability is what holds it back.

One pillar, solvency, is unscored because the filings behind it carry too little to judge. It is shown as a dash rather than a zero, and the overall score is the weighted average of what could be scored.

Data provided by Twelve Data. Scores are computed by Lemma Analysis from reported financials.

Does Realty Income Corp. have an economic moat?

Not enough data

We cannot judge Realty Income Corp. yet, because fewer than five years had both a return on capital and a cost of capital we could measure. This is not a “no”.

Quantitative signs of a moat, read from the filed statements. This is not a judgement of where it comes from (brand, network effects, switching costs). How Lemma measures a moat →

How Realty Income Corp. scores

The Quality Score for O stands at 5.7 out of 10 as of October 19, 2026, which puts Realty Income Corp. in the solid quality band. This band covers companies that do several things well but not everything, so the pillar detail below matters more than the headline. It rolls Realty Income Corp.’s profitability, solvency, growth, efficiency and predictability into one number, each judged against the norms of its sector.

Set against 84 Real Estate companies, Realty Income Corp. lands at the 66th percentile, in the better half of its peers. For reference, the middle of the group scores 5.2 and a company needs 5.9 to reach its top quarter, which leaves Realty Income Corp. above the median.

Pillar by pillar

Profitability

Profitability scores 5.0 out of 10, which reads as average. The median across 80 Real Estate companies is 4.8, so Realty Income Corp. is in line with its peers on this pillar and ranks at the 52nd percentile. Middling returns are common and not a flaw in themselves, though they leave less slack when costs rise or demand softens.

Solvency

Solvency has no score for Realty Income Corp. Fewer than half of the pillar’s metric weight could be computed from the reported statements, so it is drawn as a dash and left out of the overall rather than counted as a zero. For context, the median solvency score across 34 Real Estate companies is 3.7. Without it the overall says nothing about how comfortably the company carries its debt.

Growth

On growth, Realty Income Corp. scores 7.8, a strong reading. Its peers have a median of 5.2 across 74 Real Estate companies, which places it well above them, at the 82nd percentile. Strong growth means revenue, earnings and cash flow have been compounding faster than at most peers over the last few years.

Efficiency

On efficiency, Realty Income Corp. scores 6.2, an average reading. Its peers have a median of 6.4 across 80 Real Estate companies, which places it in line with them, at the 47th percentile. An average efficiency reading suggests the business turns its assets and earnings into cash at roughly the rate its sector does.

Predictability

Predictability scores 4.1 out of 10, which reads as average. The median across 83 Real Estate companies is 4.9, so Realty Income Corp. is below its peers on this pillar and ranks at the 41st percentile. Consistency near the median is typical, and it is worth checking whether the swings came from the business itself or from one-off items.

Strongest and weakest pillar

The gap between Realty Income Corp.’s best and worst pillar is wide: growth at 7.8 against predictability at 4.1, 3.7 points apart. An average of two readings this different deserves a closer look than the headline number. Leading with growth is attractive as long as the expansion is earning a decent return. Uneven results make any single year a weaker guide to the next one.

What would move the score

The pillar with the most room to move the score is predictability. If it rose to the median of Real Estate companies, 4.9, Realty Income Corp.’s overall score would go from 5.7 to about 5.9. With one pillar unscored, the overall rests on 80 of the 100 weight points, spread across the four pillars that could be measured (the full set is profitability 25, solvency 20, growth 20, efficiency 15, predictability 20).

Realty Income Corp. and similar companies

For a fair comparison, start with companies of a similar size: the Real Estate companies below are nearest to Realty Income Corp. by market value, each scored on the same pillars.

What each pillar measures

Profitability

5.0 / 10

How much profit the company generates from its capital and sales.

Solvency

—

The company’s ability to service debt and meet its obligations.

Growth

7.8 / 10

How fast revenue, earnings and cash flow are compounding.

Efficiency

6.2 / 10

How well assets and earnings convert into cash and output.

Predictability

4.1 / 10

How stable and consistent results have been over time.

How this score is calculated

Each metric is scored from 0 to 10 against sector-aware benchmarks, where higher is better. Metrics roll up into five pillars, and the pillars combine into the overall score using the weights shown. Sector-sensitive metrics are judged relative to peers in the same sector.

Limitations

This score is a systematic, backward-looking read of reported fundamentals. It does not judge valuation, management quality, competitive moat, or future prospects, and can be distorted by one-off items or unusual accounting. Treat it as a starting point, not a recommendation.

Educational only. Not investment advice.

FAQ

Is Realty Income Corp. a quality business?

On this reading Realty Income Corp. scores 5.7 out of 10, which reads as solid quality. Its strongest pillar is growth, its weakest is predictability. Quality is not the same as a good investment: the score says nothing about the price you would pay.

How does Realty Income Corp. compare with other Real Estate companies?

Realty Income Corp. ranks at the 66th percentile of the 84 Real Estate companies Lemma publishes a score for. The median there is 5.2 and the top quarter starts at 5.9, against Realty Income Corp.’s 5.7.

What does the O quality score measure?

Five pillars, each scored from 0 to 10 against sector-aware benchmarks and then weighted into one overall reading: profitability, solvency, growth, efficiency and predictability. Everything comes from reported financials, and nothing comes from price, sentiment or forecasts.

How current is this score?

This page last changed on October 19, 2026. The score moves with the financial statements, so the page changes when a new filing moves the reading rather than on a schedule. Live figures for O are in the app.

Does a high score mean the stock is cheap?

No. Quality and valuation are separate questions, and a good business at the wrong price is still a bad purchase. Score the business here, then price it with a DCF you control.

All quality scoresReal Estate quality rankingReal Estate screener

Score any company, not just these.

Inside Lemma Analysis the same five pillars run on every company we cover, with the metrics behind each one, current fundamentals, a DCF you control and a watchlist that tells you when the price catches up.

Free to start · No credit card