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Stock Comparison

O vs WMT

Revenue, margins, valuation, and 5-year total return — side by side.

Live fundamentals10-year financials5-year price chart
O
Realty Income Corporation

REIT - Retail

Real EstateNYSE • US
Market Cap$59.37B
5Y Perf.+18.7%
WMT
Walmart Inc.

Specialty Retail

Consumer DefensiveNYSE • US
Market Cap$1.04T
5Y Perf.+216.3%

O vs WMT — Key Financials

Market cap, revenue, margins, and valuation side-by-side.

Company Snapshot
O logoO
WMT logoWMT
IndustryREIT - RetailSpecialty Retail
Market Cap$59.37B$1.04T
Revenue (TTM)$5.75B$703.06B
Net Income (TTM)$1.06B$22.91B
Gross Margin89.8%24.9%
Operating Margin28.3%4.1%
Forward P/E38.2x44.9x
Total Debt$0.00$67.09B
Cash & Equiv.$435M$10.73B

O vs WMTLong-Term Stock Performance

Price return indexed to 100 at period start. Dividends excluded.

O
WMT
StockMay 20May 26Return
Realty Income Corpo… (O)100118.7+18.7%
Walmart Inc. (WMT)100316.3+216.3%

Price return only. Dividends and distributions are not included.

Quick Verdict: O vs WMT

Each card shows where this stock fits in a portfolio — not just who wins on paper.

Bottom line: O leads in 4 of 7 categories, making it the strongest pick for growth and revenue expansion and valuation and capital efficiency. Walmart Inc. is the stronger pick specifically for dividend income and shareholder returns and recent price momentum and sentiment. This set spans 2 sectors — these stocks serve different portfolio roles, not just different price points.
O
Realty Income Corporation
The Real Estate Income Play

O carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.

  • Dividend streak 27 yrs, beta 0.09
  • Rev growth 9.1%, EPS growth 19.4%, 3Y rev CAGR 19.8%
  • Lower volatility, beta 0.09
Best for: income & stability and growth exposure
WMT
Walmart Inc.
The Long-Run Compounder

WMT is the clearest fit if your priority is long-term compounding.

  • 5.2% 10Y total return vs O's 51.8%
  • 0.7% yield; 37-year raise streak; the other pay no meaningful dividend
  • +32.6% vs O's +17.3%
Best for: long-term compounding
See the full category breakdown
CategoryWinnerWhy
GrowthO logoO9.1% FFO/revenue growth vs WMT's 4.7%
ValueO logoOLower P/E (38.2x vs 44.9x)
Quality / MarginsO logoO18.4% margin vs WMT's 3.3%
Stability / SafetyO logoOBeta 0.09 vs WMT's 0.12
DividendsWMT logoWMT0.7% yield; 37-year raise streak; the other pay no meaningful dividend
Momentum (1Y)WMT logoWMT+32.6% vs O's +17.3%
Efficiency (ROA)WMT logoWMT7.9% ROA vs O's 1.5%, ROIC 14.7% vs 2.3%

O vs WMT — Revenue Breakdown by Segment

How each company's revenue is distributed across its business units

ORealty Income Corporation
FY 2025
Product And Service, Retail
100.0%$4.3B
WMTWalmart Inc.
FY 2025
Walmart U S
68.6%$462.4B
Walmart International
18.1%$121.9B
Sams Club
13.4%$90.2B

O vs WMT — Financial Metrics

Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.

BEST OVERALLWMTLAGGINGO

Income & Cash Flow (Last 12 Months)

O leads this category, winning 6 of 6 comparable metrics.

WMT is the larger business by revenue, generating $703.1B annually — 122.3x O's $5.7B. O is the more profitable business, keeping 18.4% of every revenue dollar as net income compared to WMT's 3.3%. On growth, O holds the edge at +11.0% YoY revenue growth, suggesting stronger near-term business momentum.

MetricO logoORealty Income Cor…WMT logoWMTWalmart Inc.
RevenueTrailing 12 months$5.7B$703.1B
EBITDAEarnings before interest/tax$4.1B$42.8B
Net IncomeAfter-tax profit$1.1B$22.9B
Free Cash FlowCash after capex$2.8B$15.3B
Gross MarginGross profit ÷ Revenue+89.8%+24.9%
Operating MarginEBIT ÷ Revenue+28.3%+4.1%
Net MarginNet income ÷ Revenue+18.4%+3.3%
FCF MarginFCF ÷ Revenue+48.5%+2.2%
Rev. Growth (YoY)Latest quarter vs prior year+11.0%+5.8%
EPS Growth (YoY)Latest quarter vs prior year+39.1%+35.1%
O leads this category, winning 6 of 6 comparable metrics.

Valuation Metrics

O leads this category, winning 4 of 7 comparable metrics.

At 47.9x trailing earnings, WMT trades at a 12% valuation discount to O's 54.3x P/E. Adjusting for growth (PEG ratio), WMT offers better value at 4.35x vs O's 73.34x — a lower PEG means you pay less per unit of expected earnings growth.

MetricO logoORealty Income Cor…WMT logoWMTWalmart Inc.
Market CapShares × price$59.4B$1.04T
Enterprise ValueMkt cap + debt − cash$58.9B$1.10T
Trailing P/EPrice ÷ TTM EPS54.33x47.91x
Forward P/EPrice ÷ next-FY EPS est.38.20x44.91x
PEG RatioP/E ÷ EPS growth rate73.34x4.35x
EV / EBITDAEnterprise value multiple14.38x24.96x
Price / SalesMarket cap ÷ Revenue10.33x1.46x
Price / BookPrice ÷ Book value/share1.43x10.50x
Price / FCFMarket cap ÷ FCF14.86x25.08x
O leads this category, winning 4 of 7 comparable metrics.

Profitability & Efficiency

WMT leads this category, winning 5 of 7 comparable metrics.

WMT delivers a 22.3% return on equity — every $100 of shareholder capital generates $22 in annual profit, vs $3 for O. On the Piotroski fundamental quality scale (0–9), WMT scores 6/9 vs O's 5/9, reflecting solid financial health.

MetricO logoORealty Income Cor…WMT logoWMTWalmart Inc.
ROE (TTM)Return on equity+2.6%+22.3%
ROA (TTM)Return on assets+1.5%+7.9%
ROICReturn on invested capital+2.3%+14.7%
ROCEReturn on capital employed+2.3%+17.5%
Piotroski ScoreFundamental quality 0–956
Debt / EquityFinancial leverage0.67x
Net DebtTotal debt minus cash-$435M$56.4B
Cash & Equiv.Liquid assets$435M$10.7B
Total DebtShort + long-term debt$0$67.1B
Interest CoverageEBIT ÷ Interest expense11.85x
WMT leads this category, winning 5 of 7 comparable metrics.

Total Returns (Dividends Reinvested)

WMT leads this category, winning 6 of 6 comparable metrics.

A $10,000 investment in WMT five years ago would be worth $28,774 today (with dividends reinvested), compared to $12,135 for O. Over the past 12 months, WMT leads with a +32.6% total return vs O's +17.3%. The 3-year compound annual growth rate (CAGR) favors WMT at 38.1% vs O's 5.1% — a key indicator of consistent wealth creation.

MetricO logoORealty Income Cor…WMT logoWMTWalmart Inc.
YTD ReturnYear-to-date+12.8%+16.2%
1-Year ReturnPast 12 months+17.3%+32.6%
3-Year ReturnCumulative with dividends+16.1%+163.3%
5-Year ReturnCumulative with dividends+21.3%+187.7%
10-Year ReturnCumulative with dividends+51.8%+517.6%
CAGR (3Y)Annualised 3-year return+5.1%+38.1%
WMT leads this category, winning 6 of 6 comparable metrics.

Risk & Volatility

Evenly matched — O and WMT each lead in 1 of 2 comparable metrics.

O is the less volatile stock with a 0.09 beta — it tends to amplify market swings less than WMT's 0.12 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. WMT currently trades 97.1% from its 52-week high vs O's 93.6% drawdown — a narrower gap to the peak suggests stronger recent price momentum.

MetricO logoORealty Income Cor…WMT logoWMTWalmart Inc.
Beta (5Y)Sensitivity to S&P 5000.09x0.12x
52-Week HighHighest price in past year$67.94$134.69
52-Week LowLowest price in past year$54.38$91.89
% of 52W HighCurrent price vs 52-week peak+93.6%+97.1%
RSI (14)Momentum oscillator 0–10050.057.1
Avg Volume (50D)Average daily shares traded5.5M17.5M
Evenly matched — O and WMT each lead in 1 of 2 comparable metrics.

Analyst Outlook

WMT leads this category, winning 1 of 1 comparable metric.

Wall Street rates O as "Hold" and WMT as "Buy". Consensus price targets imply 4.8% upside for WMT (target: $137) vs 2.6% for O (target: $65). WMT is the only dividend payer here at 0.72% yield — a key consideration for income-focused portfolios.

MetricO logoORealty Income Cor…WMT logoWMTWalmart Inc.
Analyst RatingConsensus buy/hold/sellHoldBuy
Price TargetConsensus 12-month target$65.25$137.04
# AnalystsCovering analysts3464
Dividend YieldAnnual dividend ÷ price+0.7%
Dividend StreakConsecutive years of raises2737
Dividend / ShareAnnual DPS$0.94
Buyback YieldShare repurchases ÷ mkt cap0.0%+0.8%
WMT leads this category, winning 1 of 1 comparable metric.
Key Takeaway

WMT leads in 3 of 6 categories (Profitability & Efficiency, Total Returns). O leads in 2 (Income & Cash Flow, Valuation Metrics). 1 tied.

Best OverallWalmart Inc. (WMT)Leads 3 of 6 categories
Loading custom metrics...

O vs WMT: Frequently Asked Questions

10 questions · data-driven answers · updated daily

01

Is O or WMT a better buy right now?

For growth investors, Realty Income Corporation (O) is the stronger pick with 9.

1% revenue growth year-over-year, versus 4. 7% for Walmart Inc. (WMT). Walmart Inc. (WMT) offers the better valuation at 47. 9x trailing P/E (44. 9x forward), making it the more compelling value choice. Analysts rate Walmart Inc. (WMT) a "Buy" — based on 64 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

02

Which has the better valuation — O or WMT?

On trailing P/E, Walmart Inc.

(WMT) is the cheapest at 47. 9x versus Realty Income Corporation at 54. 3x. On forward P/E, Realty Income Corporation is actually cheaper at 38. 2x — notably different from the trailing picture, reflecting expected earnings growth. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: Walmart Inc. wins at 4. 08x versus Realty Income Corporation's 73. 34x.

03

Which is the better long-term investment — O or WMT?

Over the past 5 years, Walmart Inc.

(WMT) delivered a total return of +187. 7%, compared to +21. 3% for Realty Income Corporation (O). Over 10 years, the gap is even starker: WMT returned +517. 6% versus O's +51. 8%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

04

Which is safer — O or WMT?

By beta (market sensitivity over 5 years), Realty Income Corporation (O) is the lower-risk stock at 0.

09β versus Walmart Inc. 's 0. 12β — meaning WMT is approximately 29% more volatile than O relative to the S&P 500.

05

Which is growing faster — O or WMT?

By revenue growth (latest reported year), Realty Income Corporation (O) is pulling ahead at 9.

1% versus 4. 7% for Walmart Inc. (WMT). On earnings-per-share growth, the picture is similar: Realty Income Corporation grew EPS 19. 4% year-over-year, compared to 13. 3% for Walmart Inc.. Over a 3-year CAGR, O leads at 19. 8% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

06

Which has better profit margins — O or WMT?

Realty Income Corporation (O) is the more profitable company, earning 18.

4% net margin versus 3. 1% for Walmart Inc. — meaning it keeps 18. 4% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: O leads at 28. 3% versus 4. 2% for WMT. At the gross margin level — before operating expenses — O leads at 89. 8%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

07

Is O or WMT more undervalued right now?

The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.

By this metric, Walmart Inc. (WMT) is the more undervalued stock at a PEG of 4. 08x versus Realty Income Corporation's 73. 34x. Both stocks trade at elevated growth-adjusted valuations, so expected growth needs to materialise. On forward earnings alone, Realty Income Corporation (O) trades at 38. 2x forward P/E versus 44. 9x for Walmart Inc. — 6. 7x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for WMT: 4. 8% to $137. 04.

08

Which pays a better dividend — O or WMT?

In this comparison, WMT (0.

7% yield) pays a dividend. O does not pay a meaningful dividend and should not be held primarily for income.

09

Is O or WMT better for a retirement portfolio?

For long-horizon retirement investors, Walmart Inc.

(WMT) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 12), 0. 7% yield, +517. 6% 10Y return). Both have compounded well over 10 years (WMT: +517. 6%, O: +51. 8%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

10

What are the main differences between O and WMT?

These companies operate in different sectors (O (Real Estate) and WMT (Consumer Defensive)), which means they face different economic cycles, regulatory environments, and macro sensitivities — making direct comparison nuanced.

WMT pays a dividend while O does not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.

Find Stocks Like These

Explore pre-built screens for each stock's profile, or build a custom screen to find stocks that outperform both.

Stocks Like

O

Steady Growth Compounder

  • Sector: Real Estate
  • Market Cap > $100B
  • Revenue Growth > 5%
  • Net Margin > 11%
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WMT

Stable Dividend Mega-Cap

  • Sector: Consumer Defensive
  • Market Cap > $100B
  • Revenue Growth > 5%
  • Gross Margin > 14%
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Custom Screen

Beat Both

Find stocks that outperform O and WMT on the metrics below

Revenue Growth>
%
(O: 11.0% · WMT: 5.8%)
Net Margin>
%
(O: 18.4% · WMT: 3.3%)
P/E Ratio<
x
(O: 54.3x · WMT: 47.9x)

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