Realty Income (O) Revenue — Quarter Ended Dec 31, 2023
Revenue for the quarter increased relative to both the prior quarter and the same quarter a year ago. The trailing twelve-month revenue also showed an upward trajectory.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue for the quarter increased relative to both the prior quarter and the same quarter a year ago. The trailing twelve-month revenue also showed an upward trajectory.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.1B
Revenue reported for this quarter.
Quarter-over-quarter
+3.6%
Change from the immediately preceding quarter.
Year-over-year
+21.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$4.1B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2023 | $944.4M | +17.0% |
| Jun 30, 2023 | $1B | +25.8% |
| Sep 30, 2023 | $1B | +24.1% |
| Dec 31, 2023 | $1.1B | +21.1% |
Revenue performance
The reported revenue rose from the previous quarter, continuing the overall upward trend observed over the trailing twelve months.
Quarterly comparison
Compared to the same quarter one year earlier, revenue was higher. The year-over-year growth rate was consistent with the pace seen in recent quarters.
What to watch
The company's liquidity position and reliance on capital markets, as described in the filing, may be a key area to monitor.