LIVE
O
Realty Income Corporation · Real Estate - Net Lease REIT
$60.24
-2.98% this month
VERSUS
⟷
COMPARE
ADC
Agree Realty Corporation · Real Estate - Net Lease REIT
$73.25
-2.77% this month
Scoreboard verdict
Across AI score, momentum, valuation, upside, operating margin
O
3
ADC
1
Comparison scoreboard
O LEADS 3/5AI Score
O ✓39.8
ADC 36.9
1Y Return
O ✓+4.71%
ADC +1.48%
Fwd P/E
O ✓35.00
ADC 37.50
Target Up.
O +12.72%
ADC ✓+15.43%
Op. Margin
O 45.53%
ADC N/A
Metrics last refreshed: 6/22/2026
Quick take
O vs ADC Stock Comparison: AI Score, Valuation, Performance and Upside
O is the largest, most diversified net lease REIT with an exceptional monthly dividend track record, while ADC is a smaller, faster-growing net lease REIT with a sharper focus on high-credit-quality necessity retail tenants. Both are well-regarded dividend growth REITs but differ in scale and growth rate.
O vs ADC contrasts the largest, most diversified net lease REIT against a smaller, faster-growing peer with a more concentrated focus on necessity-based retail tenants.
Live analysis · updated 6/22/2026
O holds the edge across 3 of 5 key metrics in this comparison. O leads on both 1-year return (+4.71%) and forward P/E (35.00x vs 37.50x for ADC), a relatively favorable combination of momentum and valuation. Analyst consensus implies similar upside for both: +12.72% for O and +15.43% for ADC.
Normalized 1Y performance
O
ADC
Recent returns
O
ADC
Analyst price targets & sentiment
O · 21 analysts
STRONG BUYHOLDSTRONG SELL
Buy (2.5/5.0)
Price target range
analyst low$58.00
analyst high$75.00
analyst mean$67.90
current price$60.24
+12.7% upside to analyst mean
ADC · 18 analysts
STRONG BUYHOLDSTRONG SELL
Buy (1.9/5.0)
Price target range
analyst low$80.00
analyst high$92.00
analyst mean$84.56
current price$73.25
+15.4% upside to analyst mean
Who should consider this stock?
O may suit investors who:
- →Want exposure to the largest, most diversified net lease REIT
- →Value Realty Income's exceptional monthly dividend track record
- →Prefer lower volatility from massive scale and tenant diversification
ADC may suit investors who:
- →Want exposure to a smaller, faster-growing net lease REIT
- →Value a sharper focus on high-credit-quality necessity retail tenants
- →Are comfortable with less diversification in exchange for higher growth potential
Performance & AI score
| Metric | O | ADC |
|---|---|---|
| AI score | 39.8 | 36.9 |
| AI rank | #1127 | #1470 |
| Latest close | $60.24 | $73.25 |
| 1M return | -2.98% | -2.77% |
| 6M return | +4.29% | +3.66% |
| 1Y return | +4.71% | +1.48% |
$10,000 invested — hypothetical growth (dividends reinvested)
How much would $10,000 be worth today if invested at the start of each period, with all dividends reinvested?
| Period | O | ADC |
|---|---|---|
| 1Y ago | $10.46K (+4.6%) started 2025-06-18 | $10.6K (+6.0%) started 2025-06-18 |
| 5Y ago | $13.81K (+38.1%) started 2021-06-21 | $16.53K (+65.3%) started 2021-06-18 |
| 10Y ago | $24.53K (+145.3%) started 2016-06-20 | $41.2K (+312.0%) started 2016-06-20 |
Hypothetical — past performance does not guarantee future results.
Valuation & upside potential
| Metric | O | ADC |
|---|---|---|
| Market cap | $56.17B | $8.82B |
| Trailing P/E | 49.38 | 39.59 |
| Forward P/E | 35.00 | 37.50 |
| Price/Sales | 9.36 | 11.76 |
| EV/Revenue | 14.87 | 16.86 |
| Analyst target | $67.90 | $84.56 |
| Target upside | +12.72% | +15.43% |
Growth, profitability & risk
| Metric | O | ADC |
|---|---|---|
| Revenue growth | 12.00% | 18.70% |
| Earnings growth | 17.90% | 19.00% |
| EPS growth | +17.90% | +19.00% |
| FCF margin | +30.32% | +59.31% |
| Operating margin | 45.53% | N/A |
| Profit margin | 18.90% | 29.25% |
| ROIC proxy | 2.83% | 3.70% |
| Return on equity | 2.83% | 3.70% |
| Dividend yield | 5.40% | 4.37% |
| Beta | 0.73 | 0.48 |
| Debt/equity | 73.47 | 59.61 |
| Current ratio | 2.06 | 0.29 |
| Quick ratio | 1.05 | 0.27 |
Drawdown & downside risk
Lower drawdown and smaller single-period drops generally indicate a smoother ride, though they do not guarantee lower future risk.
1Y risk snapshot
O max drawdown11.86%
ADC max drawdown11.14%
O max wkly drop6.27%
ADC max wkly drop6.13%
5Y risk snapshot
O max drawdown34.47%
ADC max drawdown29.52%
O max wkly drop8.54%
ADC max wkly drop8.38%
10Y risk snapshot
O max drawdown48.28%
ADC max drawdown39.00%
O max wkly drop42.22%
ADC max wkly drop33.05%
Performance metrics by period
| Period | Metric | O | ADC |
|---|---|---|---|
| 1Y | Growth | +4.62% | +1.48% |
| CAGR | +4.63% | +1.48% | |
| Sharpe ratio | 0.08 | -0.11 | |
| Max drawdown | 11.86% | 11.14% | |
| Max daily drop | 3.54% | 3.20% | |
| Max wkly drop | 6.27% | 6.13% | |
| 5Y | Growth | +11.17% | +30.46% |
| CAGR | +2.14% | +5.46% | |
| Sharpe ratio | -0.03 | 0.14 | |
| Max drawdown | 34.47% | 29.52% | |
| Max daily drop | 5.67% | 4.61% | |
| Max wkly drop | 8.54% | 8.38% | |
| 10Y | Growth | +47.29% | +147.97% |
| CAGR | +3.95% | +9.51% | |
| Sharpe ratio | 0.11 | 0.32 | |
| Max drawdown | 48.28% | 39.00% | |
| Max daily drop | 24.93% | 21.72% | |
| Max wkly drop | 42.22% | 33.05% |
Business comparison
| Category | O | ADC |
|---|---|---|
| Company | Realty Income Corporation | Agree Realty Corporation |
| Sector | Real Estate | Real Estate - Net Lease REIT |
| Industry | REIT - Retail | N/A |
| Core business | Realty Income is a large-cap net lease REIT, known as 'The Monthly Dividend Company,' owning thousands of single-tenant retail and industrial properties leased to mostly investment-grade tenants under long-term net leases. | Agree Realty is a net lease REIT focused on properties leased to high-quality retail tenants, particularly those in necessity-based and e-commerce-resistant categories, with a smaller but high-growth property portfolio than Realty Income. |
| Investor focus | Investors track Realty Income's monthly dividend growth streak, acquisition volume and cap rates, and tenant credit quality and diversification across its massive property portfolio. | Investors track Agree Realty's acquisition growth rate, tenant credit quality concentration in necessity retail, and dividend growth track record. |
O strengths
- →Massive scale and diversification across thousands of properties and tenants
- →Long, consistent track record of monthly dividend payments and annual increases
- →Investment-grade balance sheet provides low-cost access to capital for acquisitions
ADC strengths
- →Smaller scale provides more room for percentage-based portfolio growth
- →Strong focus on high-credit-quality, necessity-based and e-commerce-resistant retail tenants
- →Consistent dividend growth track record with a conservative balance sheet
Risks to watch — O
- →Large scale can make it harder to find acquisitions that meaningfully move growth
- →Interest rate sensitivity affects both valuation and cost of capital for acquisitions
- →Increasing international expansion into Europe introduces some currency and market risk
Risks to watch — ADC
- →Smaller scale than Realty Income limits some diversification and capital cost advantages
- →Heavily concentrated in retail net lease, with less diversification than larger peers
- →Acquisition growth rate must be sustained to support premium valuation multiples
Frequently asked questions
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