Realty Income vs Regency Centers
Realty Income reported revenue of $5.7 billion in fiscal 2025, 3.7 times Regency Centers' $1.6 billion in fiscal 2025. Realty Income's revenue grew 9.1% in its latest year, and Regency Centers' grew 6.8%. Free cash flow was $3.9 billion at Realty Income and $393 million at Regency Centers.
Side by side
| Realty Income | Regency Centers | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $5.7B | $1.6B |
| Revenue growth | 9.1% | 6.8% |
| Revenue growth a year, last 5 years | 28.4% | 8.9% |
| Gross margin | — | — |
| Operating margin | — | 72.3% |
| Net margin | 18.4% | 34.0% |
| Free cash flow | $3.9B | $393M |
| Free cash flow margin | 67.2% | 25.3% |
| Return on capital | — | 7.7% |
| Net debt to EBITDA | — | 3.0x |
| Dividends and buybacks | $2.9B | $512M |
| Change in diluted share count | 5.2% | — |
| Last close | $57.16 | $73.67 |
| P/E at the last close | 41.4× | 25.3× |
| Insider trades, last 12 months | sold $873,553 | sold $40.9 million |
| Piotroski F-score | — | — |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
Realty IncomeRegency Centers
Operating margin
Percent of revenue
Realty IncomeRegency Centers
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Realty IncomeRegency Centers
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Realty Income and Regency Centers pages.