# REALTY INCOME CORP (O) MD&A by fiscal year

Verbatim Item 7 Management's Discussion and Analysis sections from REALTY INCOME CORP's 10-K filings, one page per fiscal year. Extracted from SEC filings with the same bounded parser for every year. Filer text, not grepcent analysis or investment advice.

- [FY 2025 MD&A](/company/O/mda/fy2025/): filed 2026-02-25; accession 0000726728-26-000011 (https://www.sec.gov/Archives/edgar/data/726728/000072672826000011/o-20251231.htm); latest 10-K
- [FY 2024 MD&A](/company/O/mda/fy2024/): filed 2025-02-25; accession 0000726728-25-000055 (https://www.sec.gov/Archives/edgar/data/726728/000072672825000055/o-20241231.htm)
- [FY 2023 MD&A](/company/O/mda/fy2023/): filed 2024-02-21; accession 0000726728-24-000047 (https://www.sec.gov/Archives/edgar/data/726728/000072672824000047/o-20231231.htm)
- [FY 2022 MD&A](/company/O/mda/fy2022/): filed 2023-02-22; accession 0000726728-23-000044 (https://www.sec.gov/Archives/edgar/data/726728/000072672823000044/o-20221231.htm)
- [FY 2021 MD&A](/company/O/mda/fy2021/): filed 2022-02-23; accession 0000726728-22-000046 (https://www.sec.gov/Archives/edgar/data/726728/000072672822000046/o-20211231.htm)

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