What is W.P. Carey Inc. (REIT)'s earnings per share (EPS)?

W.P. Carey Inc. (REIT) (WPC) reported diluted earnings per share of $2.11 for fiscal year 2025. This represents a 1.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

W.P. Carey Inc. (REIT) (WPC) Financials

WPC

Trailing 12 months to June 30, 2026

Revenue $1.8B +9.0% YoY

Net Income $651.0M +93.9% YoY

EPS (Diluted) $2.93 +92.8% YoY

Operating Cash Flow $1.2B -2.6% YoY

Market Cap $14.4B as of Oct 10, 2026

Price / Sales 8.1x on $1.8B revenue, trailing 12 months to June 30, 2026

Price / Earnings 22.2x on $651.0M net income, trailing 12 months to June 30, 2026

Price / Book 1.7x on $8.7B equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 10, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Jul 29, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Jul 29, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the WPC SEC filings page.

W.P. Carey Inc. (REIT) (WPC) reported $1.8B in revenue over the twelve months to Jun 30, 2026, up 9.0% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI WPC FY2025 2026-10-03

W. P. Carey’s depreciation-heavy reported earnings convert into cash, but FY2025 also brought higher leverage and weaker cash flow.

In FY2025, operating cash flow of $1.28B was nearly 3x net income of $466M, reflecting the large noncash depreciation component in this asset-heavy trust. Yet operating cash flow fell from $1.83B in FY2024 while revenue recovered, showing that cash generation is more volatile than the income statement alone suggests.

Total liabilities reached $9.86B against $17.99B of assets in FY2025, making creditor financing a substantial part of the balance-sheet structure. Debt-to-equity rose to 1.1x from 0.9x in FY2022, indicating that expansion has become more debt-supported than equity-supported.

Revenue returned to $1.72B in FY2025 from $1.58B in FY2024, but the rebound did not produce a comparable earnings recovery. Dividends paid of $790M exceeded net income of $466M, a pattern consistent with a depreciation-heavy trust where distributions and accounting earnings can diverge.

Financial Health Signals

Financial Health Score 37/100

Scored as: REITs peer group

Scored against REITs for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of W.P. Carey Inc. (REIT)'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

FFO Margin

FFO Margin measures funds from operations against revenue, and funds from operations is net income with property depreciation added back, since a building written down a little further every year on paper is often worth more rather than less. W.P. Carey Inc. (REIT) scores 83/100 on it among other REITs.

FFO Growth

FFO Growth follows the three-year path of funds from operations, which is net income with property depreciation added back. W.P. Carey Inc. (REIT) scores 24/100 on it among other REITs.

Leverage

Not available for W.P. Carey Inc. (REIT), and counted as zero in the overall score.

Interest Cov.

Not available for W.P. Carey Inc. (REIT), and counted as zero in the overall score.

AFFO Margin

AFFO Margin takes funds from operations, subtracts the spending a REIT needs just to keep its properties in working order, and measures what is left against revenue. W.P. Carey Inc. (REIT) scores 84/100 on it among other REITs.

Dividend Cov.

Dividend coverage measures funds from operations against the dividends actually paid, and a figure above 1 means the payout came out of operations. W.P. Carey Inc. (REIT) scores 31/100 on it among other REITs.

Piotroski F-Score Partial

4/7

W.P. Carey Inc. (REIT) passes 4 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.

Earnings Quality Cash-Backed

2.75x

For every $1 of reported earnings, W.P. Carey Inc. (REIT) generates $2.75 in operating cash flow ($1.3B OCF vs $466.4M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue

$461.1M

YoY+7.0%

QoQ+1.4%

5Y CAGR+7.6%

10Y CAGR+7.8%

W.P. Carey Inc. (REIT) generated $461.1M in revenue in Q2 2026. This represents an increase of 7.0% from the same quarter a year earlier. Against the prior quarter it is up 1.4%.

Net Income

$185.4M

YoY+261.9%

QoQ+5.2%

5Y CAGR+9.0%

10Y CAGR+13.6%

W.P. Carey Inc. (REIT) reported $185.4M in net income in Q2 2026. This represents an increase of 261.9% from the same quarter a year earlier. Against the prior quarter it is up 5.2%.

EPS (Diluted)

$0.82

YoY+256.5%

QoQ+2.5%

5Y CAGR+4.1%

10Y CAGR+5.5%

W.P. Carey Inc. (REIT) earned $0.82 per diluted share (EPS) in Q2 2026. This represents an increase of 256.5% from the same quarter a year earlier. Against the prior quarter it is up 2.5%.

EBITDA

Not reported for Q2 2026.

Cash & Balance Sheet

Cash & Debt

$163.5M

YoY-33.2%

QoQ-31.7%

5Y CAGR-0.1%

10Y CAGR-0.6%

W.P. Carey Inc. (REIT) held $163.5M in cash against $8.9B in long-term debt as of Q2 2026.

Dividends Per Share

$0.94

YoY+4.4%

QoQ+1.1%

5Y CAGR-2.2%

10Y CAGR-0.4%

W.P. Carey Inc. (REIT) paid $0.94 per share in dividends in Q2 2026. This represents an increase of 4.4% from the same quarter a year earlier. Against the prior quarter it is up 1.1%.

Shares Outstanding

228M

YoY+4.0%

QoQ+2.3%

5Y CAGR+4.3%

10Y CAGR+8.0%

W.P. Carey Inc. (REIT) had 228M shares outstanding in Q2 2026. This represents an increase of 4.0% from the same quarter a year earlier. Against the prior quarter it is up 2.3%.

Free Cash Flow

Not reported for Q2 2026.

Margins & Returns

Net Margin

40.2%

YoY+28.3pp

QoQ+1.4pp

5Y change+2.6pp

10Y change+16.4pp

W.P. Carey Inc. (REIT)'s net profit margin was 40.2% in Q2 2026, showing the share of revenue converted to profit. This is up 28.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.4 percentage points.

Return on Equity

2.1%

YoY+1.5pp

QoQ0.0pp

5Y change+0.5pp

10Y change+0.6pp

W.P. Carey Inc. (REIT)'s ROE was 2.1% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 1.5 percentage points from the same quarter a year earlier. It is unchanged from the prior quarter.

Gross Margin

Not reported for Q2 2026.

Operating Margin

Not reported for Q2 2026.

Capital Allocation

None of these metrics is reported for Q2 2026.

WPC Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

WPC quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$1.8B	$1.7B+8.4%	$1.6B-9.1%	$1.7B+17.7%	$1.5B+11.1%	$1.3B+10.1%	$1.2B-1.9%	$1.2B+39.2%	$885.7M+4.4%	$848.3M-9.9%	$941.5M+0.3%	$938.4M+3.3%	$908.4M+85.5%	$489.9M+39.0%	$352.4M+8.7%	$324.1M
Cost of Revenue	N/A	N/A	N/A	$368K-85.4%	$2.5M-37.6%	$4.0M-54.4%	$8.9M-46.5%	$16.5M-24.5%	$21.9M-57.4%	$51.4M-44.0%	$91.9M	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	$1.7B+17.9%	$1.5B+11.2%	$1.3B+10.6%	$1.2B-1.3%	$1.2B+40.8%	$863.8M+8.4%	$796.9M-6.2%	$849.7M	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$102.8M	$100.7M+1.7%	$99.0M+2.7%	$96.4M+5.4%	$91.5M+11.7%	$81.9M+7.8%	$76.0M+0.9%	$75.3M+10.2%	$68.3M-3.6%	$70.9M-13.9%	$82.4M-20.2%	$103.2M+12.6%	$91.6M+36.6%	$67.1M-2.6%	$68.9M-26.5%	$93.7M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$209.9M-6.3%	$223.9M+160.7%	$85.9M-9.0%	$94.3M	N/A
EBITDA	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$490.2M+6.3%	$461.1M+122.0%	$207.7M+49.7%	$138.8M	N/A
Interest Expense	$284.3M	$267.5M+4.2%	$256.6M-12.1%	$291.9M+33.2%	$219.2M+11.3%	$196.8M-6.3%	$210.1M-10.0%	$233.3M+30.8%	$178.4M+7.6%	$165.8M-9.6%	$183.4M-5.6%	$194.3M+9.1%	$178.1M+71.7%	$103.7M+123.3%	$46.4M+114.3%	$21.7M
Income Tax	$34.9M	$31.9M+0.6%	$31.7M-28.0%	$44.1M+58.9%	$27.7M-2.7%	$28.5M+237.2%	-$20.8M-179.2%	$26.2M+81.9%	$14.4M+431.6%	$2.7M-17.5%	$3.3M-91.3%	$37.6M+113.6%	$17.6M+1306.5%	$1.3M-81.5%	$6.8M-81.8%	$37.2M
Net Income	$651.0M	$466.4M+1.2%	$460.8M-34.9%	$708.3M+18.2%	$599.1M+46.1%	$410.0M-10.0%	$455.4M+49.2%	$305.2M-25.8%	$411.6M+48.4%	$277.3M+3.6%	$267.7M+55.4%	$172.3M-28.2%	$239.8M+142.6%	$98.9M+59.1%	$62.1M-55.3%	$139.1M
EPS (Basic)	N/A	$2.11+1.0%	$2.09-36.5%	$3.29+9.7%	$3.00+33.3%	$2.25-13.8%	$2.61+46.6%	$1.78-49.1%	$3.50+36.7%	$2.56+2.4%	$2.50+54.3%	$1.62-33.1%	$2.42+69.2%	$1.43+10.0%	$1.30-62.2%	$3.44
EPS (Diluted)	$2.93	$2.11+1.0%	$2.09-36.3%	$3.28+9.7%	$2.99+33.5%	$2.24-13.8%	$2.60+46.1%	$1.78-49.0%	$3.49+36.3%	$2.56+2.8%	$2.49+54.7%	$1.61-32.6%	$2.39+69.5%	$1.41+10.2%	$1.28-62.6%	$3.42
Diluted Shares (Avg)	N/A	221M+0.3%	221M+2.2%	216M+7.7%	200M+9.4%	183M+4.7%	175M+2.1%	171M+45.5%	118M+9.0%	108M+0.9%	107M+0.5%	107M+6.7%	100M+43.2%	70M+45.0%	48M+19.9%	40M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$461.1M+7.0%	$454.5M+10.9%	$444.5M+9.4%	$431.3M+8.5%	$430.8M+10.5%	$409.9M+5.1%	$406.2M-1.5%	$397.4M-11.4%
SG&A Expenses	$25.9M+7.4%	$27.3M+1.4%	$25.9M+6.8%	$23.7M+4.3%	$24.1M-0.1%	$27.0M-3.2%	$24.3M+12.4%	$22.7M-2.9%
Interest Expense	$79.0M+10.0%	$78.5M+14.0%	$51.7M+3.1%	$75.2M+3.7%	$71.8M+9.9%	$68.8M+0.2%	$50.1M-30.6%	$72.5M-5.8%
Income Tax	$13.1M0.0%	$14.6M+25.8%	-$1.3M-116.9%	$8.5M-6.1%	$13.1M+110.5%	$11.6M+34.1%	$7.8M-43.3%	$9.0M+77.7%
Net Income	$185.4M+261.9%	$176.3M+40.1%	$148.3M+215.4%	$141.0M+26.2%	$51.2M-64.2%	$125.8M-21.0%	$47.0M-67.4%	$111.7M-10.7%
EPS (Basic)	$0.82+256.5%	$0.80+40.4%	$0.67+219.0%	$0.64+25.5%	$0.23-64.6%	$0.57-20.8%	$0.21-67.7%	$0.51-12.1%
EPS (Diluted)	$0.82+256.5%	$0.80+40.4%	$0.67+219.0%	$0.64+25.5%	$0.23-64.6%	$0.57-20.8%	$0.21-67.7%	$0.51-12.1%
Diluted Shares (Avg)	227M+2.9%	222M+0.4%	N/A	221M+0.3%	221M+0.3%	221M+0.3%	N/A	220M+2.4%

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Operating Income, EBITDA.

WPC Balance Sheet

WPC quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$18.0B+2.6%	$17.5B-2.5%	$18.0B-0.7%	$18.1B+16.9%	$15.5B+5.3%	$14.7B+4.6%	$14.1B-0.9%	$14.2B+72.3%	$8.2B-2.6%	$8.5B-3.3%	$8.7B+1.1%	$8.6B+84.8%	$4.7B+1.5%	$4.6B+215.1%	$1.5B
Cash & Equivalents	$155.3M-75.7%	$640.4M+1.0%	$633.9M+277.3%	$168.0M+1.6%	$165.4M-33.5%	$248.7M+26.9%	$196.0M-9.9%	$217.6M+34.1%	$162.3M+4.4%	$155.5M-1.1%	$157.2M-20.9%	$198.7M+69.1%	$117.5M-5.2%	$123.9M+322.9%	$29.3M
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$987.1M+2.0%	$967.8M-1.1%	$978.3M-5.7%	$1.0B+15.1%	$901.5M-1.0%	$910.8M-2.6%	$934.7M+1.5%	$920.9M+43.0%	$644.0M+1.3%	$635.9M-6.7%	$681.8M-1.5%	$692.4M+97.7%	$350.2M+6.4%	$329.1M+417.4%	$63.6M
Total Liabilities	$9.9B+8.3%	$9.1B-1.8%	$9.3B+1.9%	$9.1B+15.1%	$7.9B+0.9%	$7.8B+10.1%	$7.1B-3.3%	$7.4B+52.6%	$4.8B-4.2%	$5.0B-2.7%	$5.2B+8.7%	$4.8B+92.5%	$2.5B+7.1%	$2.3B+212.0%	$738.5M
Long-Term Debt	$8.7B+8.5%	$8.0B-1.3%	$8.1B+3.4%	$7.9B+16.0%	$6.8B+1.4%	$6.7B+10.6%	$6.1B-5.1%	$6.4B+49.5%	$4.3B-4.0%	$4.4B+1678.6%	$249.7M-0.1%	$250.0M-47.4%	$475.0M-75.9%	$2.0B	N/A
Total Equity	$8.1B-3.7%	$8.4B-3.1%	$8.7B-3.3%	$9.0B+18.6%	$7.6B+10.3%	$6.9B-0.9%	$6.9B+1.7%	$6.8B+113.8%	$3.2B-3.3%	$3.3B-3.7%	$3.4B-8.6%	$3.8B+97.0%	$1.9B-4.2%	$2.0B+191.1%	$682.6M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$18.6B+3.5%	$18.2B+5.2%	$18.0B+2.6%	$18.0B+2.0%	$18.0B+1.3%	$17.3B-1.7%	$17.5B-2.5%	$17.6B-5.4%
Cash & Equivalents	$163.5M-33.2%	$239.3M+27.4%	$155.3M-75.7%	$249.0M-69.6%	$244.8M-77.5%	$187.8M-75.8%	$640.4M+1.0%	$818.2M+499.7%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$982.6M-0.4%	$984.0M+1.0%	$987.1M+2.0%	$987.0M+0.8%	$986.5M+1.4%	$974.5M0.0%	$967.8M-1.1%	$979.3M-5.3%
Total Liabilities	$9.9B+1.8%	$9.8B+10.1%	$9.9B+8.3%	$9.8B+8.5%	$9.8B+7.0%	$8.9B+0.1%	$9.1B-1.8%	$9.0B-4.6%
Long-Term Debt	$8.9B+2.5%	$8.8B+11.3%	$8.7B+8.5%	$8.7B+8.9%	$8.6B+6.6%	$7.9B-0.1%	$8.0B-1.3%	$8.0B-3.8%
Total Equity	$8.7B+5.6%	$8.3B-0.2%	$8.1B-3.7%	$8.2B-4.9%	$8.2B-4.9%	$8.4B-3.6%	$8.4B-3.1%	$8.6B-6.1%

Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Current Liabilities, Non-Current Liabilities, Retained Earnings.

WPC Cash Flow Statement

WPC quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$1.2B	$1.3B-30.0%	$1.8B+70.8%	$1.1B+7.0%	$1.0B+8.3%	$926.5M+15.6%	$801.5M-1.3%	$812.1M+59.5%	$509.2M-2.2%	$520.7M-4.8%	$546.8M+7.5%	$508.5M+27.4%	$399.1M+92.0%	$207.9M+157.8%	$80.6M+0.7%	$80.1M
Depreciation & Amortization	N/A	$521.1M+6.8%	$487.7M-15.1%	$574.2M+14.1%	$503.4M+5.8%	$476.0M+7.5%	$442.9M-0.9%	$447.1M+53.4%	$291.4M+15.0%	$253.3M-8.4%	$276.5M-1.4%	$280.3M+18.2%	$237.1M+94.6%	$121.8M+174.2%	$44.4M+90.4%	$23.3M
Stock-Based Compensation	N/A	$39.9M-2.4%	$40.9M+18.5%	$34.5M+5.1%	$32.8M+32.0%	$24.9M+56.1%	$15.9M-15.2%	$18.8M+2.7%	$18.3M-3.3%	$18.9M-10.9%	$21.2M-1.9%	$21.6M-30.4%	$31.1M-16.5%	$37.2M+42.8%	$26.0M+47.0%	$17.7M
Investing Cash Flow	-$1.5B	-$960.1M+15.3%	-$1.1B-25.2%	-$905.9M+13.9%	-$1.1B+32.8%	-$1.6B-190.2%	-$539.9M-3.3%	-$522.8M-96.4%	-$266.1M-224.2%	$214.2M+175.2%	-$284.7M+55.9%	-$645.2M-0.8%	-$640.2M-9944.3%	-$6.4M-105.0%	$126.5M+200.3%	-$126.1M
Financing Cash Flow	$56.7M	-$761.7M-10.6%	-$688.5M-335.3%	$292.6M+405.4%	$57.9M-89.6%	$557.0M+364.4%	-$210.7M+54.0%	-$457.8M-1784.5%	-$24.3M+96.7%	-$745.5M-164.3%	-$282.0M-332.6%	$121.3M-64.7%	$343.1M+262.9%	-$210.6M-85.9%	-$113.3M-1178.8%	$10.5M
Dividends Paid	$823.3M	$790.0M+3.3%	$765.1M-16.5%	$916.5M+9.7%	$835.3M+9.3%	$764.3M+5.1%	$727.0M+3.2%	$704.4M+59.9%	$440.4M+2.1%	$431.2M+3.5%	$416.7M+3.2%	$403.6M+16.0%	$347.9M+57.9%	$220.4M+93.6%	$113.9M+32.7%	$85.8M
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	$0	$0-100.0%	$1.2M	$0	$0	$0-100.0%	$679K-98.3%	$40.0M-11.6%	$45.3M	$0

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	$333.1M-17.5%	$283.2M+3.7%	$304.6M+2.8%	$300.5M+7.3%	$404.0M+82.8%	$273.2M-73.6%	$296.3M+13.7%	$280.2M-0.8%
Depreciation & Amortization	$134.4M+11.4%	$136.2M+5.1%	$145.3M+25.5%	$125.6M+8.5%	$120.6M-12.3%	$129.6M+9.1%	$115.8M-10.6%	$115.7M-20.1%
Stock-Based Compensation	$13.9M+27.5%	$7.4M-18.7%	N/A	$11.2M-17.0%	$10.9M+22.5%	$9.1M+3.3%	N/A	$13.5M+48.4%
Investing Cash Flow	-$609.9M-65.8%	-$462.8M-166.2%	-$203.2M+70.9%	-$215.1M-340.3%	-$368.0M-145.0%	-$173.9M+26.6%	-$697.9M-515.6%	-$48.9M-143.2%
Financing Cash Flow	$187.2M+16.3%	$211.0M+136.3%	-$179.4M-179.4%	-$162.1M+72.8%	$160.9M+163.7%	-$581.2M-53.3%	$226.0M-29.8%	-$596.5M-28.3%
Dividends Paid	$216.2M+8.8%	$205.3M+5.3%	$200.6M+4.1%	$201.1M+4.1%	$198.8M+3.5%	$195.1M+2.5%	$192.7M-16.4%	$193.2M-16.3%

Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow, Share Buybacks.

WPC Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

WPC quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Gross Margin	N/A	N/A	100.0%+0.2pp	99.8%+0.1pp	99.7%+0.4pp	99.3%+0.6pp	98.7%+1.1pp	97.5%+3.6pp	93.9%+3.7pp	90.2%	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	22.4%-2.3pp	24.6%+7.1pp	17.5%-9.2pp	26.8%	N/A
Net Margin	27.2%-1.9pp	29.1%-11.6pp	40.7%+0.2pp	40.5%+9.7pp	30.8%-6.9pp	37.6%+12.9pp	24.8%-21.7pp	46.5%+13.8pp	32.7%+4.3pp	28.4%+10.1pp	18.4%-8.0pp	26.4%+6.2pp	20.2%+2.5pp	17.6%-25.3pp	42.9%
Return on Equity	5.7%+0.3pp	5.5%-2.7pp	8.1%+1.5pp	6.7%+1.3pp	5.4%-1.2pp	6.6%+2.2pp	4.4%-1.6pp	6.0%-2.7pp	8.7%+0.6pp	8.1%+3.1pp	5.0%-1.4pp	6.4%+1.2pp	5.2%+2.1pp	3.1%-17.3pp	20.4%
Return on Assets	2.6%0.0pp	2.6%-1.3pp	3.9%+0.6pp	3.3%+0.7pp	2.6%-0.5pp	3.1%+0.9pp	2.2%-0.7pp	2.9%-0.5pp	3.4%+0.2pp	3.2%+1.2pp	2.0%-0.8pp	2.8%+0.7pp	2.1%+0.8pp	1.4%-8.2pp	9.5%
Debt-to-Equity	1.07+0.1x	0.950.0x	0.94+0.1x	0.880.0x	0.90-0.1x	0.97+0.1x	0.87-0.1x	0.93-0.4x	1.340.0x	1.34+1.3x	0.070.0x	0.07-0.2x	0.25-0.7x	0.99-0.1x	1.08
Asset Turnover	0.100.0x	0.090.0x	0.100.0x	0.080.0x	0.090.0x	0.080.0x	0.090.0x	0.060.0x	0.100.0x	0.110.0x	0.110.0x	0.100.0x	0.100.0x	0.08-0.1x	0.22

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Net Margin	40.2%+28.3pp	38.8%+8.1pp	33.4%+21.8pp	32.7%+4.6pp	11.9%-24.8pp	30.7%-10.1pp	11.6%-23.4pp	28.1%+0.2pp
Return on Equity	2.1%+1.5pp	2.1%+0.6pp	1.8%+1.3pp	1.7%+0.4pp	0.6%-1.0pp	1.5%-0.3pp	0.6%-1.1pp	1.3%-0.1pp
Return on Assets	1.0%+0.7pp	1.0%+0.2pp	0.8%+0.6pp	0.8%+0.1pp	0.3%-0.5pp	0.7%-0.2pp	0.3%-0.5pp	0.6%0.0pp
Debt-to-Equity	1.020.0x	1.05+0.1x	1.07+0.1x	1.06+0.1x	1.05+0.1x	0.940.0x	0.950.0x	0.930.0x
Asset Turnover	0.020.0x	0.030.0x	0.020.0x	0.020.0x	0.020.0x	0.020.0x	0.020.0x	0.020.0x

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio, FCF Margin.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
W.P. Carey Inc. (REIT) WPC	FY2025	$1.7B	$466.4M	27.2%	$14.4B	37/100
VICI Properties Inc. VICI	FY2025	$4.0B	$2.8B	69.3%	$25.2B	49/100
Broadstone Net Lease, Inc. BNL	FY2025	$454.1M	$96.5M	21.3%	$3.5B	44/100
EMPIRE STATE REALTY TRUST, INC. ESRT	FY2025	$768.3M	$73.0M	9.5%	$801.6M	48/100
Kimco Realty Corp. KIM	FY2025	$2.1B	$554.4M	25.9%	$14.9B	66/100
AMERICAN HOMES 4 RENT AMH	FY2025	N/A	$513.4M	N/A	$11.1B	—

Where W.P. Carey Inc. (REIT) Ranks

Frequently Asked Questions

What is W.P. Carey Inc. (REIT)'s annual revenue?

W.P. Carey Inc. (REIT) (WPC) reported $1.7B in total revenue for fiscal year 2025. This represents a 8.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is W.P. Carey Inc. (REIT)'s revenue growing?

W.P. Carey Inc. (REIT) (WPC) revenue grew by 8.4% year-over-year, from $1.6B to $1.7B in fiscal year 2025.

Is W.P. Carey Inc. (REIT) profitable?

Yes, W.P. Carey Inc. (REIT) (WPC) reported a net income of $466.4M in fiscal year 2025, with a net profit margin of 27.2%.

How much debt does W.P. Carey Inc. (REIT) have?

As of fiscal year 2025, W.P. Carey Inc. (REIT) (WPC) had $155.3M in cash and equivalents against $8.7B in long-term debt.

What is W.P. Carey Inc. (REIT)'s net profit margin?

W.P. Carey Inc. (REIT) (WPC) had a net profit margin of 27.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does W.P. Carey Inc. (REIT) pay dividends?

Yes, W.P. Carey Inc. (REIT) (WPC) paid $3.62 per share in dividends during fiscal year 2025.

What is W.P. Carey Inc. (REIT)'s return on equity (ROE)?

W.P. Carey Inc. (REIT) (WPC) has a return on equity of 5.7% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is W.P. Carey Inc. (REIT)'s operating cash flow?

W.P. Carey Inc. (REIT) (WPC) generated $1.3B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are W.P. Carey Inc. (REIT)'s total assets?

W.P. Carey Inc. (REIT) (WPC) had $18.0B in total assets as of fiscal year 2025, including both current and long-term assets.

How many shares does W.P. Carey Inc. (REIT) have outstanding?

W.P. Carey Inc. (REIT) (WPC) had 219M shares outstanding as of fiscal year 2025.

What is W.P. Carey Inc. (REIT)'s debt-to-equity ratio?

W.P. Carey Inc. (REIT) (WPC) had a debt-to-equity ratio of 1.07 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is W.P. Carey Inc. (REIT)'s return on assets (ROA)?

W.P. Carey Inc. (REIT) (WPC) had a return on assets of 2.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is W.P. Carey Inc. (REIT)'s P/E ratio?

W.P. Carey Inc. (REIT) (WPC) trades at 22.2x earnings, its market capitalization divided by net income of $651.0M net income, trailing 12 months to June 30, 2026. The market capitalization is $14.4B as of Oct 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is W.P. Carey Inc. (REIT)'s price-to-sales ratio?

W.P. Carey Inc. (REIT) (WPC) trades at 8.1x sales, its market capitalization divided by revenue of $1.8B revenue, trailing 12 months to June 30, 2026. The market capitalization is $14.4B as of Oct 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is W.P. Carey Inc. (REIT)'s Piotroski F-Score?

W.P. Carey Inc. (REIT) (WPC) has a Piotroski F-Score of 4 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are W.P. Carey Inc. (REIT)'s earnings high quality?

W.P. Carey Inc. (REIT) (WPC) has an earnings quality ratio of 2.75x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is W.P. Carey Inc. (REIT)?

W.P. Carey Inc. (REIT) (WPC) scores 37 out of 100 on our Financial Health Score, indicating weak standing within its REITs peer group. The score is a 0-100 composite of six dimensions (FFO Margin, FFO Growth, Leverage, Interest Cov., AFFO Margin, Dividend Cov.), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.