secwatch.observer — SEC 8-K summary
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Issuer:     REALTY INCOME CORP (O)
CIK:        0000726728
Form:       8-K
Filed at:   2025-05-05T23:59:59+00:00
Accession:  0000726728-25-000093
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Realty Income Q1 2025: AFFO per share $1.06 (+2.9% YoY); invested $1.4B at 7.5% yield
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- Revenue $1.38B vs $1.26B YoY; net income $249.8M ($0.28 diluted EPS).
- AFFO per share $1.06, up 2.9% YoY; Normalized FFO per share $1.05 flat YoY.
- Invested $1.4B at 7.5% initial weighted avg cash yield; rent recapture 103.9%.
- Net Debt to Annualized Pro Forma Adjusted EBITDAre 5.4x.
- In April 2025: issued $600M 5.125% notes due 2035; expanded credit facilities to $5.38B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/726728/000072672825000093/0000726728-25-000093-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/726728/000072672825000093/o-20250505.htm
  HTML page:      https://secwatch.observer/filing/0000726728-25-000093

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer