W. P. Carey Inc.

W. P. Carey Inc.

WPC
W. P. Carey Inc.US flagNew York Stock Exchange
76.39
USD
-0.32
- -
17.02BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
7.13
9.2
8.88
8.82
7.87
7.54
7.21
6.93
7.3
7.41
8.09
7.19
7.78
7.98
Basic EPS, GAAP
1.44
2.43
1.63
2.51
2.57
3.5
1.79
2.61
2.25
3
3.29
2.09
2.11
2.34
Free Cash Flow per Basic Share
3.03
4.04
4.81
5.12
4.83
4.33
4.75
4.59
5.08
5.03
4.98
8.33
5.82
5.86
Dividend per Share
3.21
3.53
3.82
3.9
4
3.75
4.12
4.17
4.19
4.18
4.26
3.48
3.58
3.63
Book Value per Share
-4.64
-5.04
-6.99
-8.38
-9.76
-9.74
-9.11
-10.61
-12.19
-12.45
-13.42
-14.55
-16.05
-16.21
Tangible Book Value per Share
16.46
16.69
13.83
25.97
25.67
50.29
35.17
34.2
36.62
39.93
35.89
33.91
32.41
33.45
Basic Weighted Avg Shares
69
99
106
107
108
117
171
175
182
200
215
220
221
221
Sales/Revenue/Turnover
490
908
938
942
848
886
1,233
1,209
1,332
1,479
1,741
1,583
1,716
1,761
Operating Margin (%)
30.96
36.17
41.29
42.1
43.77
45.78
43.34
45.79
46.91
47.32
46.79
49.2
50.8
52.63
Depreciation Expense
131
248
317
283
316
349
545
509
548
563
628
532
544
543
Net Income, GAAP
99
240
172
268
277
412
305
455
410
599
708
461
466
517
Effective Tax Rate (%)
1.31
7.7
17.39
1.18
0.94
3.28
7.88
- -
6.49
4.43
5.86
6.44
6.32
6.25
Profit Margin (%)
20.18
26.4
18.36
28.44
32.69
46.47
24.76
37.65
30.79
40.51
40.68
29.11
27.17
29.35
Working Capital
- -
-156
-167
107
-105
-284
-311
-497
-601
-626
-137
-154
-719
-586
LT Debt
2,067
4,089
4,480
4,441
4,265
6,379
6,054
6,696
6,792
7,878
8,144
8,039
8,723
8,754
Total Equity
2,203
3,891
3,561
3,425
3,411
6,830
6,948
6,878
7,583
9,009
8,707
8,434
8,134
8,361
Return on Invested Capital (%)
3.5
4.93
4
4.92
4.73
3.76
3.76
- -
4.18
4.28
4.55
4.37
4.9
5.21
Return on Capital (%)
8.17
13.78
8.41
11.71
12.21
13.17
10.65
- -
12.61
16.22
18.44
14.27
14.6
16.18
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
8,685
8,723
8,754
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
219
219
223
Market Capitalization
14,895
14,191
14,989

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
292
159
250
Cash, Cash Equivalents & STI
249
155
239
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
852
878
836
Payables & Accruals
852
878
836
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
11.57%
3.8%
-3.56%
Free Cash Flow
13.03%
14.32%
-30.05%
Net Income, GAAP
15.14%
4.13%
1.2%
Sales/Revenue/Turnover
7.04%
7.65%
8.43%
Total Cash Common Dividend
8.29%
2.18%
3.25%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
390
390
397
406
1,583
2025
410
431
431
445
1,716
2026
455
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.72
0.65
0.51
0.21
2.09
2025
0.57
0.23
0.64
0.67
2.11
2026
0.8
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.87
0.87
0.87
0.87
3.48
2025
0.88
0.89
0.9
0.91
3.58
2026
0.93
- -
- -
- -
- -

Company Description

MCPAPIChat
CEO
Jason E. Fox
Full Time Employees
203
Sector
Real Estate
Industry
REIT - Diversified
Address
One Manhattan West New York City NY United States of America 10001
IPO Date
Jan 21, 1998
Business
W. P. Carey Inc. W. P. Carey Inc. (NYSE: WPC) is a leading diversified net lease real estate investment trust (REIT) that acquires and manages operationally critical, single-tenant properties primarily in North America and Europe. Founded in 1973 and headquartered in New York City with additional asset management teams in the U.S. and Europe, the company provides customized capital solutions through sale-leaseback transactions and long-term triple-net (NNN) leases to publicly traded and privately held companies, developers, private equity firms, and their portfolio companies; its portfolio includes 1,662 properties totaling 183 million square feet across warehouse and industrial (60% of recent investments), retail, self-storage, manufacturing facilities, data centers, and electric vehicle charging stations, leased to 373 tenants in 26 countries with 97% occupancy, $1.5 billion in annualized base rent, and 99.6% of leases featuring rent escalations. Approximately 61% of revenue derives from the United States and 33% from Europe, with tenants spanning diverse industries including discount retail, storage, wholesale, manufacturing, and quick service restaurants. In 2024, W. P. Carey completed a record $1.6 billion in investments, including a $200 million acquisition of 106 Dollar General stores across 21 U.S. states with a weighted-average lease term of 14.3 years and plans to acquire nine additional stores for $20 million in early 2025; other notable transactions encompassed a $100 million Canadian Solar industrial facility in Kentucky, a $100 million manufacturing campus in Monterrey, Mexico, and a $100 million data center in Weehawken, New Jersey, reflecting a strategic focus on high-quality, income-producing assets in warehouse/industrial (60%) and retail (30%) sectors. The company spun off its office properties in November 2023 to sharpen its focus on net lease investments.

Company News

MCPAPIChat
  • W.P. Carey Announces Dividend Hike: Is the Increase Sustainable?

  • W. P. Carey Increases Quarterly Dividend to $0.940 per Share

  • W. P. Carey Outperformed My Expectations, But It's Not A Buy

  • Forget Opendoor Technologies: Buy This High-Yield Real Estate Monopoly Instead

  • W. P. Carey Inc. (WPC) Presents at Nareit REITweek: 2026 Investor Conference Transcript

  • 3 High-Yield Dividend Stocks I Can't Wait to Buy in June to Boost My Passive Income

  • W.P. Carey (WPC) Up 3.2% Since Last Earnings Report: Can It Continue?

  • Ono Pharma Announces Poster Presentation of New Clinical Data from Phase 2 Study of ONO-2808 (S1P5 Receptor Agonist) in Multiple System Atrophy at the 7th World Parkinson Congress (WPC)

  • W. P. Carey: A Deep Value Net Lease REIT With A 5% Yield

  • W.P. Carey (WPC) Upgraded to Buy: Here's What You Should Know

  • Inflation Reignites, Yields Spike

  • W.P. Carey Expands 2026 Investments to $1.1B on Strong Deal Momentum

  • W. P. Carey Announces Year-to-Date Investment Volume Totaling $1.1 Billion

  • Key Reasons to Add W.P. Carey Stock to Your Portfolio Now

  • The #1 Thing I Wish I Knew Before Chasing 10%+ Yields

  • A $500,000 REIT Portfolio That Pays You Rent Without Owning a Single Property

  • W. P. Carey: Rich Investment Spreads, Capital Appreciation, And Inflation-Beating Dividends

  • W. P. Carey: Still A Strong Candidate For Long-Term Income Portfolios

  • REITs Excel, Earnings Swell, Fed Rebels

  • 6 April Raises With 1 High Yield Giving 20% And 1 Cut