February 21, 2024

7-Eleven: A Major Realty Income Tenant

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Realty Income Corporation (NYSE:O) has given investors a rough ride in recent years. Having declined 5.8% in price over the last five years, this real estate investment trust, or REIT, has performed worse than its fundamentals

TTM

2019

Growth rate

Revenue

$3.89B

$1.42B

173% (22% CAGR)

FFO

$2.7B

$1.04B

159% (21% CAGR)

AFFO

$2.6B

$1.05B

147% (19.8% CAGR)

Net income

$881M

$426M

106% (15% CAGR)

Free cash flow

$1.7B

$722M

135% (18.6% CAGR)