Realty Income (O) FY2009 results: revenue $319 million, down 2.0% on the year

Realty Income Corp. (O) reported revenue of $319 million for fiscal 2009, the year ended 31 December 2009, down 2.0% on the year before. Net income was $131 million, down 0.5%. The figures are the company's own, from the 10-K it filed with the SEC on 10 February 2011.

Revenue

$319 million

-2.0% on the year

FY2008FY2009

Operating margin

n/a

FY2008FY2009

Net income

$131 million

-0.5% on the year

FY2008FY2009

Diluted EPS

n/a

FY2008FY2009

this yearthe year beforeHover a bar for its figure.

The year in brief

Income statement (profit and loss)

$ million	FY2009	FY2008	On the year
Revenue	319	325	-2.0%
Interest expense	85.5	94.0	-9.0%
Income tax	0.7	1.2	-45.0%
Net income	131	132	-0.5%
Net margin	41.2%	40.6%

$ million except per share.

Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow

$ million	FY2009	FY2008	On the year
Operating cash flow	227	246	-7.9%
Cash from investing	-45.7	-170
Cash from financing	-218	-223
Depreciation and amortisation	88.8	89.1	-0.4%
Share-based compensation	4.7	5.0	-6.4%
Dividends paid	178	170	+4.9%
Diluted shares, weighted	104m	101m	+2.3%
Shares outstanding at period end	104m	n/a

Balance sheet

$ million	FY2009	FY2008	On the year
Shareholders' equity	1,488	1,555	-4.3%
Other liabilities	1,427	n/a
Total liabilities and equity	2,915	n/a
Goodwill	17.2	n/a
Other assets	2,898	n/a
Total assets	2,915	n/a

10-K for the year ended 31 December 2009, filed 10 February 2011: the filing.