Five-year median 14.7×, middle half 14.0–16.7×, range 12.1–31.2×. Now 12.7×: −13% below its own median, higher than 5% of those quarters.Each quarter priced at its own trailing Cash FFO per share · the band is the 25th–75th percentile
Where the cash goes
TTM through Jun 30, 2026 · $B
Cash FFO 4.12B = net income 1.32B + depreciation 2.49B + 0.31B other non-cash items · dividends 3.03B · retained 1.08B
Against its type
O (blue) vs. the other Net lease REITs on the board (2), grey
P/Cash FFO12.7× vs. 11.2×
Dividend yield5.8% vs. 6.7%
Cash FFO payout74% vs. 74%
Net debt / EBITDA7.1× vs. 6.1×
Interest cover3.6× vs. 4.1×
EBITDA margin71% vs. 76%
Type averages are the plain mean of the other REITs of the same property type with a usable window.
Quarter by quarter
8 quarters · Sep 30, 2024 → Jun 30, 2026 · a gap is a dropped quarter