WPC

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W. P. Carey Inc. REIT

Recurring revenue Sells to businessesTags from an AI model reading the company description.

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Key Metrics

Previous Close: $63.83
52-Week Range: $63.08 – $77.22
Market Cap: $14.70B
P/E (TTM): 22.10
EPS (TTM): 2.92
Dividend Yield: 5.89%

Advanced Metrics

Price/Book: 1.69
PEG Ratio: 1.47
Return on Equity: 7.78%
Return on Assets: 3.40%
Gross Margin: 94.37%
Operating Margin: 59.30%
Profit Margin: 35.76%
Current Ratio: 1.16
Debt/Equity: 1.02
Total Debt: $8.85B
Free Cash Flow: $1.10B
Revenue Growth: 18.40%
Earnings Growth: 256.50%
Enterprise Value: $23.40B

WPC Income statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Revenue	$1.48B	$1.74B	$1.58B	$1.72B
Cost of Revenue	$151.43M	$221.53M	$176.52M	$182.75M
Gross Profit	$1.33B	$1.52B	$1.41B	$1.53B
Selling, General & Admin	$124.31M	$130.90M	$139.86M	$140.57M
Operating Expenses	$627.71M	$705.11M	$627.59M	$661.69M
Operating Income	$699.94M	$814.72M	$778.91M	$872.05M
EBITDA	$1.41B	$1.67B	$1.30B	$1.34B
Pretax Income	$626.21M	$752.32M	$492.34M	$504.82M
Income Tax	$27.72M	$44.05M	$31.71M	$31.91M
Net Income	$599.14M	$708.33M	$460.84M	$466.36M
Diluted EPS	2.99	3.28	2.09	2.11
Diluted Shares	200.43M	215.76M	220.52M	221.11M

WPC Balance Sheet statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Cash & Equivalents	$168.00M	$633.86M	$640.37M	$155.33M
Receivables	$919.00K	—	—	—
Current Assets	$225.94M	$670.98M	$640.37M	$158.66M
Total Assets	$18.10B	$17.98B	$17.54B	$17.99B
Current Liabilities	$852.10M	$808.08M	$794.61M	$877.52M
Long-Term Debt	$7.88B	$8.14B	$8.04B	$8.72B
Total Debt	$7.88B	$8.14B	$8.04B	$8.72B
Total Liabilities	$9.09B	$9.27B	$9.10B	$9.86B
Retained Earnings	-$2.49B	-$2.89B	-$3.20B	-$3.54B
Shareholders' Equity	$8.99B	$8.70B	$8.43B	$8.12B
Working Capital	-$626.16M	-$137.10M	-$154.23M	-$718.87M
Net Debt	$7.71B	$7.51B	$7.40B	$8.57B

WPC Cash Flow statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Operating Cash Flow	$1.00B	$1.07B	$1.83B	$1.28B
Free Cash Flow	$1.00B	$1.07B	$1.83B	$1.28B
Depreciation & Amortisation	$562.99M	$628.12M	$531.58M	$543.63M
Stock-Based Compensation	$32.84M	$34.50M	$40.89M	$39.89M
Investing Cash Flow	-$1.05B	-$905.88M	-$1.13B	-$960.14M
Financing Cash Flow	$57.89M	$292.56M	-$688.47M	-$761.71M
Dividends Paid	-$835.26M	-$916.53M	-$765.15M	-$790.03M
Net Change in Cash	$8.91M	$460.11M	$10.75M	-$439.53M

WPC Income statement, quarterly periods, in USD
USD	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Revenue	$430.78M	$431.30M	$444.55M	$454.51M	$461.06M
Cost of Revenue	$48.06M	$44.25M	$45.09M	$42.94M	$43.28M
Gross Profit	$382.71M	$387.06M	$399.45M	$411.57M	$417.78M
Selling, General & Admin	$35.09M	$34.81M	$34.55M	$34.79M	$39.84M
Operating Expenses	$165.56M	$165.16M	$152.92M	$170.32M	$180.57M
Operating Income	$217.16M	$221.89M	$246.53M	$241.25M	$237.21M
EBITDA	$266.19M	$358.31M	$374.02M	$405.77M	$412.96M
Pretax Income	$64.40M	$149.72M	$153.25M	$191.13M	$198.75M
Income Tax	$13.09M	$8.49M	-$1.31M	$14.63M	$13.09M
Net Income	$51.22M	$141.00M	$148.32M	$176.30M	$185.39M
Diluted EPS	0.23	0.64	0.67	0.80	0.82
Diluted Shares	220.87M	221.09M	221.17M	221.62M	224.61M

WPC Balance Sheet statement, quarterly periods, in USD
USD	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Cash & Equivalents	$244.83M	$249.03M	$155.33M	$239.27M	$163.54M
Receivables	—	$34.69M	—	—	—
Current Assets	$304.84M	$291.78M	$158.66M	$249.80M	$173.98M
Total Assets	$18.00B	$17.99B	$17.99B	$18.20B	$18.63B
Current Liabilities	$856.87M	$852.06M	$877.52M	$835.51M	$839.86M
Long-Term Debt	$8.64B	$8.68B	$8.72B	$8.75B	$8.85B
Total Debt	$8.64B	$8.68B	$8.72B	$8.75B	$8.85B
Total Liabilities	$9.77B	$9.81B	$9.86B	$9.84B	$9.95B
Retained Earnings	-$3.42B	-$3.48B	-$3.54B	-$3.57B	-$3.61B
Shareholders' Equity	$8.21B	$8.16B	$8.12B	$8.34B	$8.67B
Working Capital	-$552.02M	-$560.27M	-$718.87M	-$585.71M	-$665.88M
Net Debt	$8.39B	$8.44B	$8.57B	$8.51B	$8.69B

WPC Cash Flow statement, quarterly periods, in USD
USD	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Operating Cash Flow	$403.98M	$300.49M	$304.63M	$283.24M	$333.13M
Free Cash Flow	$403.98M	$300.49M	$304.63M	$283.24M	$333.13M
Depreciation & Amortisation	$129.99M	$133.37M	$144.48M	$135.15M	$135.23M
Stock-Based Compensation	$10.94M	$11.15M	$8.65M	$7.44M	$13.91M
Investing Cash Flow	-$367.98M	-$215.13M	-$203.16M	-$462.76M	-$609.93M
Financing Cash Flow	$160.94M	-$162.09M	-$179.37M	$210.99M	$187.17M
Dividends Paid	-$196.04M	-$198.33M	-$200.61M	-$205.33M	-$208.50M
Net Change in Cash	$196.95M	-$76.74M	-$77.89M	$31.46M	-$89.63M

Market Snapshot

About

W.P. Carey is a diversified real estate investment trust (REIT) that invests in commercial properties net-leased to companies across North America and Europe. The company owns and manages a portfolio of industrial, warehouse, office, retail, and self-storage properties. WPC focuses on long-term, triple-net lease structures providing stable income streams.