Realty Income (O) FY2016 results: revenue $1.1 billion, up 7.8% on the year
Realty Income Corp. (O) reported revenue of $1.1 billion for fiscal 2016, the year ended 31 December 2016, up 7.8% on the year before. Net income was $316 million, up 11.2%, and diluted earnings per share $1.13. The figures are the company's own, from the 10-K it filed with the SEC on 22 February 2019.
Revenue
$1.1 billion
+7.8% on the year
FY2009FY2016
Operating margin
n/a
FY2009FY2016
Net income
$316 million
+11.2% on the year
FY2009FY2016
Diluted EPS
$1.13
+3.7% on the year
FY2009FY2016
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Revenue
1,103
1,023
934
+7.8%
Interest expense
220
233
216
-5.6%
Income tax
3.3
3.2
3.5
+2.9%
Net income
316
284
271
+11.2%
Net margin
28.6%
27.7%
29.0%
Diluted EPS
$1.13
$1.09
$1.04
+3.7%
$ million except per share. Read moreFree 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
FY2016
FY2015
FY2014
On the year
Last 8 years
Operating cash flow
800
692
628
+15.5%
Capital expenditure
13.4
11.5
6.0
+16.3%
Free cash flow
786
681
622
+15.5%
Free cash flow margin
71.3%
66.5%
66.6%
Cash from investing
-1,701
-1,213
-1,175
Cash from financing
866
523
541
+65.6%
Depreciation and amortisation
450
409
375
+10.0%
Share-based compensation
12.0
10.4
12.0
+15.6%
Dividends paid
611
533
479
+14.5%
Diluted shares, weighted
256m
236m
219m
+8.2%
Shares outstanding at period end
260m
250m
225m
+3.9%
Balance sheet
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Shareholders' equity
6,767
6,532
5,613
+3.6%
Non-controlling interest
20.2
21.7
27.7
-6.8%
Debt
5,840
3,650
3,800
+60.0%
Other liabilities
526
1,663
1,572
-68.3%
Total liabilities and equity
13,153
11,866
11,013
+10.8%
Goodwill
15.1
15.3
15.5
-1.7%
Intangible assets
1,082
1,034
1,040
+4.6%
Cash and equivalents
9.4
50.3
46.2
-81.3%
Other assets
12,046
10,766
9,911
+11.9%
Total assets
13,153
11,866
11,013
+10.8%
10-K for the year ended 31 December 2016, filed 22 February 2019: the filing.