REALTY INCOME CORP

Quality scores

Data as of Sep 5, 2026

5 / 9

Neutral

5/9 — middling fundamentals (neutral zone).

PassROA > 0 — ROA last year = 1.45 %
PassFCF > 0 — FCF last year = 3,994.75 mill.
PassFCF > net income (accrual quality) — FCF 3,994.75 vs. net income 1,058.59 (mill.)
PassRising ROA — ROA 1.45 % vs. prior year 1.25 %

FailLower long-term leverage — long-term debt/assets 0.37 vs. prior 0.36
FailRising current ratio (more liquidity) — Current ratio 1.42 vs. prior 1.68
FailNo dilution (shares do not grow) — Shares 933.98 mill. vs. prior 891.51 mill.

Z-Score (original)

1.07

Distress zone

Z''-Score (non-manufacturing)

4.39

Safe zone

Ratio	Value
X1 — Working capital / Total assets	0.02
X2 — Retained earnings / Total assets	-0.14
X3 — EBIT / Total assets	0.03
X4 — Market cap / Total liabilities	1.78
X4 — Book equity / Total liabilities	1.21
X5 — Sales / Total assets	0.08