Realty Income Corporation (O), based in San Diego, California, focuses on acquiring and managing freestanding commercial properties that generate rental income through long-term net lease agreements. With a market cap of $49.4 billion, the company owns 15,450 properties leased to more than 1,500 tenants across 90 industries.
Companies worth $10 billion or more are generally described as "large-cap stocks," Realty Income fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size, influence, and dominance in the retail REITs industry. Realty Income’s diverse portfolio of high-quality, long-term net lease properties, a broad tenant base, and a strong financial position enable stable cash flows and consistent growth, solidifying its leadership in the REIT sector.
