What Realty Income's FY2025 10-K says: 6 signals
Realty Income filed its latest 10-K with the SEC on Feb 24, 2026. It discusses capex increase, debt refinancing and inventory issue.
Public (O)Leasing Real Estate1,001 to 5,000 employeesrealtyincome.comLinkedIn
- Filed
- Feb 24, 2026
- Period
- FY2025
- Fiscal year end
- 12/31
- Filings
- 1
10-K · latest 5
What Realty Income's 10-K filings say
- SEC EDGAR
10-K · FY2025
Filed · Fiscal year ends 12/31 · 6 signals
Invested $4.54 billion in property acquisitions and development during 2025.
The company spent $4.54 billion on acquisitions and development in 2025, following a $3.2 billion spend in 2024.
$4.5B
Acquisitions and development spending in 2025
Integrating $6.8 billion in assets from the 2024 Spirit Realty Capital merger.
The company is absorbing $6.8 billion in assets from the merger with Spirit Realty Capital, which closed in early 2024.
$6.8B
Value of assets acquired from Spirit Realty Capital merger
Number of impaired properties increased 250% over two years, reaching 395 properties in 2025.
The number of properties requiring impairment has surged from 112 in 2023 to 395 in 2025.
2.52%
Increase in the number of impaired properties from 2023 to 2025.
Executed multiple major credit and term loan agreements in 2025.
Realty Income amended and restated multiple credit and term loan agreements throughout 2025, including a Fourth Amended Credit Agreement in April and an Amended Term Loan in November.
Wells Fargo Bank, National AssociationToronto Dominion (Texas) LLC
Amended multiple major credit facilities and term loans throughout 2025.
The company executed several amendments to its credit facilities and term loans in 2025, indicating significant capital management activity to support its acquisition and development pipeline.
Wells Fargo Bank, National AssociationToronto Dominion (Texas) LLC
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Questions about Realty Income 10-K
When did Realty Income file its latest 10-K?
What does Realty Income's latest 10-K say about capex increase?
Where can I find Realty Income's annual report?
Source. Annual reports (Form 10-K) filed with the SEC. Every card links to the filing on EDGAR.
Method. Insights are extracted from the filing text and grouped by category. Numbers are quoted from the filing.
Data as of .