Comprehensive Stock Comparison

Compare Plymouth Industrial REIT, Inc. (PLYM) vs Realty Income Corporation (O) Stock

Analyze side-by-side fundamentals, valuation, growth, and profitability to decide which stock is the better buy.

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Quick Verdict

CategoryWinnerWhy
GrowthO9.1% revenue growth vs PLYM's -0.7%
ValuePLYMLower P/E (7.1x vs 41.8x)
Quality / MarginsPLYM48.5% net margin vs O's 18.4%
Stability / SafetyOBeta 0.19 vs PLYM's 0.53
DividendsPLYM4.4% yield; 1-year raise streak; O pays no meaningful dividend
Momentum (1Y)PLYM+30.9% vs O's +23.6%
Efficiency (ROA)PLYM5.9% ROA vs O's 1.5%, ROIC 2.1% vs 2.3%
Bottom line: PLYM leads in 5 of 7 categories, making it the stronger pick for investors who prioritize valuation and capital efficiency and profitability and margin quality. Realty Income Corporation is the better choice for growth and revenue expansion and capital preservation and lower volatility. As direct sector peers, they can serve as alternatives in the same portfolio allocation.

Who Each Stock Is For

Income & stability

Growth exposure

Long-term compounding (10Y)

Sleep-well-at-night portfolio

Defensive / Recession hedge

Business Model

What each company does and how it makes money

PLYMPlymouth Industrial REIT, Inc.
Real Estate

Plymouth Industrial REIT is a real estate investment trust that acquires and operates industrial properties — primarily warehouses and distribution facilities — in secondary and select primary U.S. markets. It generates revenue primarily through rental income from its industrial portfolio, supplemented by property management fees from its vertically integrated operations. The company's competitive advantage lies in its focus on underserved secondary markets where it can leverage local expertise and its integrated management platform to create value through active asset repositioning.

ORealty Income Corporation
Real Estate

Realty Income is a real estate investment trust that owns and leases single-tenant commercial properties to retail and service-oriented businesses. It generates revenue primarily through long-term triple-net leases—where tenants pay rent plus property expenses—with retail clients like convenience stores and drugstores accounting for roughly 80% of its portfolio. The company's moat lies in its massive scale, diversified tenant base, and long-term lease structure that provides predictable monthly cash flow supporting its famous monthly dividend payments.

Revenue Breakdown by Segment

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

PLYMPlymouth Industrial REIT, Inc.

Segment breakdown not available.

ORealty Income Corporation
FY 2025
Product And Service, Retail
100.0%$4.3B

Financial Metrics Comparison

Side-by-side fundamentals across 2 stocks. BestLagging

Financial Scorecard

O 3PLYM 2
Financial MetricsO4/6 metrics
Valuation MetricsPLYM4/5 metrics
Profitability & EfficiencyPLYM4/7 metrics
Total ReturnsTie3/6 metrics
Risk & VolatilityO2/2 metrics
Analyst OutlookO1/1 metrics

O leads in 3 of 6 categories (Financial Metrics, Risk & Volatility). PLYM leads in 2 (Valuation Metrics, Profitability & Efficiency). 1 tied.

Financial Metrics (TTM)

O is the larger business by revenue, generating $5.7B annually — 30.0x PLYM's $192M. PLYM is the more profitable business, keeping 48.5% of every revenue dollar as net income compared to O's 18.4%. On growth, O holds the edge at +11.0% YoY revenue growth, suggesting stronger near-term business momentum.

MetricPLYMPlymouth Industri…ORealty Income Cor…
RevenueTrailing 12 months$192M$5.7B
EBITDAEarnings before interest/tax$116M$4.1B
Net IncomeAfter-tax profit$93M$1.1B
Free Cash FlowCash after capex$95M$2.8B
Gross MarginGross profit ÷ Revenue+69.7%+89.8%
Operating MarginEBIT ÷ Revenue+17.3%+28.3%
Net MarginNet income ÷ Revenue+48.5%+18.4%
FCF MarginFCF ÷ Revenue+49.4%+48.5%
Rev. Growth (YoY)Latest quarter vs prior year-1.4%+11.0%
EPS Growth (YoY)Latest quarter vs prior year-2.5%+39.1%
O leads this category, winning 4 of 6 comparable metrics.

Valuation Metrics

At 7.1x trailing earnings, PLYM trades at a 88% valuation discount to O's 57.3x P/E. On an enterprise value basis, PLYM's 13.3x EV/EBITDA is more attractive than O's 15.2x.

MetricPLYMPlymouth Industri…ORealty Income Cor…
Market CapShares × price$979M$62.6B
Enterprise ValueMkt cap + debt − cash$1.6B$62.1B
Trailing P/EPrice ÷ TTM EPS7.11x57.27x
Forward P/EPrice ÷ next-FY EPS est.41.80x
PEG RatioP/E ÷ EPS growth rate80.25x
EV / EBITDAEnterprise value multiple13.32x15.16x
Price / SalesMarket cap ÷ Revenue4.94x10.88x
Price / BookPrice ÷ Book value/share1.69x1.51x
Price / FCFMarket cap ÷ FCF10.19x15.66x
PLYM leads this category, winning 4 of 5 comparable metrics.

Profitability & Efficiency

PLYM delivers a 16.8% return on equity — every $100 of shareholder capital generates $17 in annual profit, vs $3 for O. On the Piotroski fundamental quality scale (0–9), PLYM scores 7/9 vs O's 5/9, reflecting strong financial health.

MetricPLYMPlymouth Industri…ORealty Income Cor…
ROE (TTM)Return on equity+16.8%+2.6%
ROA (TTM)Return on assets+5.9%+1.5%
ROICReturn on invested capital+2.1%+2.3%
ROCEReturn on capital employed+2.8%+2.3%
Piotroski ScoreFundamental quality 0–975
Debt / EquityFinancial leverage1.10x
Net DebtTotal debt minus cash$628M-$435M
Cash & Equiv.Liquid assets$18M$435M
Total DebtShort + long-term debt$646M$0
Interest CoverageEBIT ÷ Interest expense0.97x
PLYM leads this category, winning 4 of 7 comparable metrics.

Total Returns (with DRIP)

A $10,000 investment in PLYM five years ago would be worth $17,070 today (with dividends reinvested), compared to $14,035 for O. Over the past 12 months, PLYM leads with a +30.9% total return vs O's +23.6%. The 3-year compound annual growth rate (CAGR) favors O at 6.3% vs PLYM's 4.3% — a key indicator of consistent wealth creation.

MetricPLYMPlymouth Industri…ORealty Income Cor…
YTD ReturnYear-to-date+0.5%+17.9%
1-Year ReturnPast 12 months+30.9%+23.6%
3-Year ReturnCumulative with dividends+13.5%+19.9%
5-Year ReturnCumulative with dividends+70.7%+40.3%
10-Year ReturnCumulative with dividends+68.9%+67.6%
CAGR (3Y)Annualised 3-year return+4.3%+6.3%
Evenly matched — PLYM and O each lead in 3 of 6 comparable metrics.

Risk & Volatility

O is the less volatile stock with a 0.19 beta — it tends to amplify market swings less than PLYM's 0.53 beta. A beta below 1.0 means the stock typically moves less than the S&P 500.

MetricPLYMPlymouth Industri…ORealty Income Cor…
Beta (5Y)Sensitivity to S&P 5000.53x0.19x
52-Week HighHighest price in past year$22.74$67.94
52-Week LowLowest price in past year$12.70$50.71
% of 52W HighCurrent price vs 52-week peak+96.7%+98.6%
RSI (14)Momentum oscillator 0–10056.870.7
Avg Volume (50D)Average daily shares traded1.3M5.4M
O leads this category, winning 2 of 2 comparable metrics.

Analyst Outlook

Wall Street rates PLYM as "Hold" and O as "Hold". Consensus price targets imply 0.1% upside for PLYM (target: $22) vs -5.4% for O (target: $63). PLYM is the only dividend payer here at 4.40% yield — a key consideration for income-focused portfolios.

MetricPLYMPlymouth Industri…ORealty Income Cor…
Analyst RatingConsensus buy/hold/sellHoldHold
Price TargetConsensus 12-month target$22.00$63.38
# AnalystsCovering analysts1633
Dividend YieldAnnual dividend ÷ price+4.4%
Dividend StreakConsecutive years of raises127
Dividend / ShareAnnual DPS$0.97
Buyback YieldShare repurchases ÷ mkt cap+0.1%0.0%
O leads this category, winning 1 of 1 comparable metric.

Historical Charts

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Chart 1Total Return — 5 Years (Rebased to 100)

StockMar 20Jan 26Change
Plymouth Industrial… (PLYM)100112.9+12.9%
Realty Income Corpo… (O)10078.92-21.1%

Plymouth Industrial… (PLYM) returned +71% over 5 years vs Realty Income Corpo… (O)'s +40%. A $10,000 investment in PLYM 5 years ago would be worth $17,070 today (including dividends reinvested).

Chart 2Revenue Growth — 10 Years

Stock20162025Change
Plymouth Industrial… (PLYM)$20M$198M+909.0%
Realty Income Corpo… (O)$1.1B$5.7B+421.2%

Realty Income Corporation's revenue grew from $1.1B (2016) to $5.7B (2025) — a 20.1% CAGR.

Chart 3Net Margin Trend — 10 Years

Stock20162025Change
Plymouth Industrial… (PLYM)-188.2%70.2%+137.3%
Realty Income Corpo… (O)28.6%18.4%-35.6%

Realty Income Corporation's net margin went from 29% (2016) to 18% (2025).

Chart 4P/E Ratio History — 9 Years

Stock20172025Change
Realty Income Corpo… (O)50.248.2-4.0%

Realty Income Corporation has traded in a 45x–82x P/E range over 9 years; current trailing P/E is ~57x.

Chart 5EPS Growth — 10 Years

Stock20162025Change
Plymouth Industrial… (PLYM)-10.23.09+130.3%
Realty Income Corpo… (O)1.131.17+3.5%

Realty Income Corporation's EPS grew from $1.13 (2016) to $1.17 (2025) — a 0% CAGR.

Chart 6Free Cash Flow — 5 Years

2021
$33M
$1B
2022
$72M
$3B
2023
$82M
$3B
2024
$96M
$4B
2025
$4B
Plymouth Industrial… (PLYM)Realty Income Corpo… (O)

Plymouth Industrial REIT, Inc. generated $96M FCF in 2024 (+194% vs 2021). Realty Income Corporation generated $4B FCF in 2025 (+207% vs 2021).

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PLYM vs O: Frequently Asked Questions

9 questions · data-driven answers · updated daily

01

Is PLYM or O a better buy right now?

Plymouth Industrial REIT, Inc. (PLYM) offers the better valuation at 7.1x trailing P/E, making it the more compelling value choice. Analysts rate Plymouth Industrial REIT, Inc. (PLYM) a "Hold" — based on 16 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 — PLYM or O?

On trailing P/E, Plymouth Industrial REIT, Inc. (PLYM) is the cheapest at 7.1x versus Realty Income Corporation at 57.3x.

03

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

Over the past 5 years, Plymouth Industrial REIT, Inc. (PLYM) delivered a total return of +70.7%, compared to +40.3% for Realty Income Corporation (O). A $10,000 investment in PLYM five years ago would be worth approximately $17K today (assuming dividends reinvested). Over 10 years, the gap is even starker: PLYM returned +68.9% versus O's +67.6%. 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 — PLYM or O?

By beta (market sensitivity over 5 years), Realty Income Corporation (O) is the lower-risk stock at 0.19β versus Plymouth Industrial REIT, Inc.'s 0.53β — meaning PLYM is approximately 178% more volatile than O relative to the S&P 500.

05

Which has better profit margins — PLYM or O?

Plymouth Industrial REIT, Inc. (PLYM) is the more profitable company, earning 70.2% net margin versus 18.4% for Realty Income Corporation — meaning it keeps 70.2% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: O leads at 28.3% versus 18.2% for PLYM. 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.

06

Is PLYM or O more undervalued right now?

Analyst consensus price targets imply the most upside for PLYM: 0.1% to $22.00.

07

Which pays a better dividend — PLYM or O?

In this comparison, PLYM (4.4% yield) pays a dividend. O does not pay a meaningful dividend and should not be held primarily for income.

08

Is PLYM or O better for a retirement portfolio?

For long-horizon retirement investors, Plymouth Industrial REIT, Inc. (PLYM) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.53), 4.4% yield). Both have compounded well over 10 years (PLYM: +68.9%, O: +67.6%), 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.

09

What are the main differences between PLYM and O?

Both stocks operate in the Real Estate sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both. In terms of investment character: PLYM is a small-cap deep-value stock; O is a mid-cap quality compounder stock. PLYM 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.

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  • Sector: Real Estate
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O

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  • Sector: Real Estate
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Better Than Both

Find stocks that beat PLYM and O on the metrics you choose

Revenue Growth>
%
(PLYM: -1.4% · O: 11.0%)
Net Margin>
%
(PLYM: 48.5% · O: 18.4%)
P/E Ratio<
x
(PLYM: 7.1x · O: 57.3x)