PRNewsWire·21h ago
W. P. Carey to Release Second Quarter 2026 Financial Results on Tuesday, July 28, 2026Conference Call Scheduled for Wednesday, July 29, 2026 at 11:00 a.m. Eastern Time NEW YORK, July 7, 2026 /PRNewswire/ -- W.
W. P. Carey Inc.(WPC)Earnings, Financials & Key Ratios
WPC•NYSE•REIT / Real Estate
$71.24
33.8× P/E·Price updated Jul 7, 2026
AboutW. P. Carey ranks among the largest net lease REITs with an enterprise value of approximately $18 billion and a diversified portfolio of operationally-critical commercial real estate that includes 1,215 net lease properties covering approximately 142 million square feet as of September 30, 2020. For nearly five decades, the company has invested in high-quality single-tenant industrial, warehouse, office, retail and self-storage properties subject to long-term net leases with built-in rent escalators. Its portfolio is located primarily in the U.S. and Northern and Western Europe and is well-diversified by tenant, property type, geographic location and tenant industry.Show more
- Revenue$1.72B+8.9%
- FFO$987M+1.4%
- FFO/Share4.47+1.2%
- FFO Payout80%+1.8%
- FFO per Share4.47+1.2%
- NOI Margin28.63%-69.0%
- FFO Margin57.53%-6.8%
- ROE5.63%+4.7%
- ROA2.63%+1.2%
WPC Price & Volume
W. P. Carey Inc. (WPC) stock price & volume — 10-year historical chart
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Strategic Portfolio Realignment Drives Earnings Volatility
Investment Thesis • Updated 2026Q1
VerdictNeutral
Growth:Mixed
Profitability:Moderate
Financial:Adequate
Cash Flow:Mixed
Primary Risk:Portfolio transition execution risk
Key Thesis Takeaways
- W.
- P.
- Carey is currently navigating a complex transition away from office assets toward a core industrial and warehouse focus, which has introduced significant volatility into its FFO per share, recently peaking at 1.41 in 2026Q1.
- While the company has successfully maintained an equity base of approximately 8.3 billion, investors should monitor the sustainability of dividend payouts, which showed a payout ratio of 0.68 relative to AFFO in 2025Q4.
- The long-term outlook remains contingent on management's ability to stabilize NOI margins, which experienced a sharp contraction to 24.5% in 2025Q4, following the completion of its strategic asset rotation.
Verdict Logic
while the 4.8% dividend yield is attractive, the volatility in FFO per share, which ranged from 0.79 in 2024Q4 to 1.41 in 2026Q1, suggests that the company's operational earnings profile requires further stabilization.
WPC Growth Metrics
W. P. Carey Inc. (WPC) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years6.49%
5 Years7.95%
3 Years5.23%
TTM24.45%
Profit CAGR
10 Years10.47%
5 Years0.48%
3 Years-8.01%
TTM20.91%
EPS CAGR
10 Years2.74%
5 Years-4.09%
3 Years-10.97%
TTM20.62%
Return on Capital
10 Years7.66%
5 Years7.29%
3 Years6.97%
Last Year4.58%
WPC Recent Earnings
W. P. Carey Inc. (WPC) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 6/12 qtrs (50%)●Beat Revenue 6/12 qtrs (50%)
Q2 2026Latest
Apr 28, 2026Metric
Actual
Est
EPS
$1.30+113.8%
$0.61
Rev
$455M+5.5%
$431M
Q1 2026
Feb 10, 2026Metric
Actual
Est
EPS
$1.27+87.6%
$0.68
Rev
$445M+6.9%
$416M
Q4 2025
Oct 28, 2025Metric
Actual
Est
EPS
$1.25+1.6%
$1.23
Rev
$656M+51.5%
$433M
Q3 2025
Jul 29, 2025Metric
Actual
Est
EPS
$1.28+4.1%
$1.23
Rev
$431M+2.5%
$420M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 28, 2026 | $1.30vs $0.61+113.8% | $455Mvs $431M+5.5% |
| Q1 2026 | Feb 10, 2026 | $1.27vs $0.68+87.6% | $445Mvs $416M+6.9% |
| Q4 2025 | Oct 28, 2025 | $1.25vs $1.23+1.6% | $656Mvs $433M+51.5% |
| Q3 2025 | Jul 29, 2025 | $1.28vs $1.23+4.1% | $431Mvs $420M+2.5% |
Based on last 12 quarters of dataView full earnings history →
Latest WPC News
Recent stock market news and headlines for W. P. Carey Inc. (WPC)
PRNewsWire·1 day ago
W. P. Carey Releases 2025 Corporate Responsibility ReportNEW YORK, July 6, 2026 /PRNewswire/ -- W. P. Carey (W.
PRNewsWire·Jun 29, 2026
W. P. Carey Announces Pricing of $350 Million of Senior Unsecured NotesNEW YORK, June 29, 2026 /PRNewswire/ -- W. P. Carey Inc. (NYSE: WPC, the "Company") announced today that it has priced an underwritten public offering of $350 million aggregate principal amount of 5.200% Senior Notes due 2036 (the "Notes").
Seeking Alpha·Jun 28, 2026
W. P. Carey: 5% Yield, 11% AFFO Growth, And BBB+ Balance SheetW. P. Carey offers a 5.1% yield and consistent dividend growth, supported by a diversified, industrial-focused portfolio. WPC's industrial-focused, diversified portfolio and disciplined acquisition pipeline support continued AFFO/share growth and dividend increases. Management raised full-year investment pipeline guidance to $1.5–$2.0 billion, reflecting confidence in ongoing accretive acquisitions.
Fool - Investing News·Jun 26, 2026
3 REITs Built to Thrive During Inflationary MarketsThese REITs built their portfolios to capitalize on inflationary periods.
Peers Comparison
Key metrics vs top competitors for W. P. Carey Inc. (WPC)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $71.24 | $15.62B | 33.76 | 8.89% | 27.17% | 5.63% | 5.02% | |
| $47.44 | $9.03B | 22.92 | 6.55% | 41.38% | 8.81% | — | |
| $31.28 | $6.76B | 24.44 | 24.97% | 43.28% | 6.3% | — | |
| $78.40 | $9.42B | 44.29 | 16.42% | 29.28% | 3.65% | — | |
| $64.01 | $59.69B | 54.71 | 9.07% | 18.94% | 2.8% | — | |
| $26.77 | $28.62B | 10.26 | 4.08% | 76.69% | 11.05% | — |
Compare WPC vs Peers
W. P. Carey Inc. (WPC) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
WPC SEC Filings & Documents
W. P. Carey Inc. (WPC) SEC filings — annual & quarterly reports (10-K, 10-Q)
8-K Announcements
6Material company update
Apr 28, 2026·SEC
Material company update
Mar 31, 2026·SEC
Material company update
Feb 24, 2026·SEC
10-K Annual Reports
310-Q Quarterly Reports
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WPC Frequently Asked Questions
W. P. Carey Inc. (WPC) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is W. P. Carey Inc.'s revenue?
W. P. Carey Inc. (WPC) reported $1.99B in revenue for fiscal year 2025. This represents a 1888% increase from $99.9M in 1997.
How fast is W. P. Carey Inc. growing?
W. P. Carey Inc. (WPC) grew revenue by 8.9% over the past year. This is steady growth.
Is WPC profitable?
Yes, W. P. Carey Inc. (WPC) is profitable, generating $516.8M in net income for fiscal year 2025 (27.2% net margin).
Dividend & Returns
Does WPC pay dividends?
Yes, W. P. Carey Inc. (WPC) pays a dividend with a yield of 5.02%. This makes it attractive for income-focused investors.
What is WPC's return on equity?
W. P. Carey Inc. (WPC) has a return on equity (ROE) of 5.6%. This is below average, suggesting room for improvement.
Industry Metrics
What is W. P. Carey Inc.'s FFO?
W. P. Carey Inc. (WPC) generated Funds From Operations (FFO) of $1.05B in the trailing twelve months. FFO is the primary profitability metric for REITs.
Is WPC a good dividend stock?
W. P. Carey Inc. (WPC) offers a 5.02% dividend yield, which is attractive for income investors. REITs are required to distribute at least 90% of taxable income to shareholders.