Symbols / WPC Stock $74.73 +0.92% W. P. Carey Inc.

Real Estate • REIT - Diversified • United States • NYQ
WPC (Stock) Chart
O: — H: — L: — C: — V: —
SMA 20: — SMA 50: — SMA 200: —
Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Real Estate
Industry REIT - Diversified
CEO Mr. Jason E. Fox
Exch · Country NYQ · United States
Market Cap 16.65B
Enterprise Value 25.02B
Income 516.84M
Sales 1.74B
FCF (ttm) 664.48M
Book/sh 37.05
Cash/sh 1.11
Employees 199
Insider 10d —
IPO Jan 21, 1998
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 116.67%
P/E 31.94
Forward P/E 26.87
PEG 1.47
P/S 9.55
P/B 2.02
P/C —
EV/EBITDA 17.20
EV/Sales 14.36
Quick Ratio 1.22
Current Ratio 1.27
Debt/Eq 104.70
LT Debt/Eq —
EPS (ttm) 2.34
EPS next Y 2.78
EPS Growth 40.20%
Revenue Growth 8.90%
EPS Gr Q/Q 40.10%
Rev Gr Q/Q —
Earnings (next) 2026-07-28
Earnings (prior) 2026-04-28
ROA 3.28%
ROE 6.26%
ROIC —
Gross Margin 93.74%
Oper. Margin 54.77%
Profit Margin 29.67%
Shs Outstand 222.74M
Shs Float 220.21M
Insider Own 1.00%
Instit Own 77.91%
Short Float 5.27%
Short Ratio 6.53
Short Interest 8.61M
52W High 75.69
vs 52W High -1.27%
52W Low 59.34
vs 52W Low 25.94%
Beta 0.78
Impl. Vol. 40.19%
Rel Volume 0.57
Avg Volume 1.35M
Volume 765.00K
Target (mean) $75.42
Tgt Median $75.00
Tgt Low $72.00
Tgt High $86.00
# Analysts 12
Recom Hold
Prev Close $74.05
Price $74.73
Change 0.92%
About

W. P. Carey Inc. ranks among the largest net lease REITs with a well-diversified portfolio of high-quality, operationally critical commercial real estate. It includes 1,682 net lease properties covering approximately 183 million square feet as of December 31, 2025. With offices in New York, London, Amsterdam and Dallas, the company remains focused on investing primarily in single-tenant, industrial, warehouse and retail properties located in the U.S. and Europe, under long-term net leases with built-in rent escalations. W. P. Carey Inc. was incorporated in 1973 in Maryland, USA.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$75.42
Mean price target
2. Current target
$74.73
Latest analyst target
3. DCF / Fair value
$53.70
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$74.73
Low
$72.00
High
$86.00
Mean
$75.42

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-05-12 main Scotiabank Sector Perform → Sector Perform $79
2026-05-04 main Citigroup Neutral → Neutral $75
2026-04-30 main RBC Capital Sector Perform → Sector Perform $73
2026-04-21 main Barclays Underweight → Underweight $72
2026-03-17 main Evercore ISI Group In-Line → In-Line $75
2026-03-17 up Raymond James Market Perform → Outperform $76
2026-03-13 main Barclays Underweight → Underweight $68
2026-03-09 main UBS Neutral → Neutral $75
2026-03-02 main Scotiabank Sector Perform → Sector Perform $73
2026-02-17 main Evercore ISI Group In-Line → In-Line $74
2026-02-12 main RBC Capital Sector Perform → Sector Perform $72
2026-02-02 main Scotiabank Sector Perform → Sector Perform $72
2026-01-14 main Citigroup Neutral → Neutral $69
2026-01-08 main RBC Capital Sector Perform → Sector Perform $70
2025-12-15 main Evercore ISI Group In-Line → In-Line $71
2025-12-09 main JP Morgan Overweight → Overweight $74
2025-12-08 down RBC Capital Outperform → Sector Perform $69
2025-12-03 main Barclays Underweight → Underweight $67
2025-10-30 main Evercore ISI Group In-Line → In-Line $72
2025-10-30 main RBC Capital Outperform → Outperform $69
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-05-06 ZANDER BRIAN H Officer — 433 $74.00 $32,042
2026-04-01 GASS RHONDA Director — 396 $69.39 $27,478
2026-02-06 GORDON BROOKS G Officer — 6,139 $0.00 $0
2026-02-06 GREGORY JEREMIAH Officer — 5,846 $0.00 $0
2026-02-06 SANZONE TONIANN Chief Financial Officer — 11,401 $0.00 $0
2026-02-06 FOX JASON E Chief Executive Officer — 38,006 $0.00 $0
2026-02-06 SABATINI GINO M Officer — 7,893 $0.00 $0
2026-01-21 GORDON BROOKS G Officer — 10,057 $0.00 $0
2026-01-21 ZANDER BRIAN H Officer — 4,525 $0.00 $0
2026-01-21 GREGORY JEREMIAH Officer — 10,058 $0.00 $0
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
1,716.48
+8.43%
1,583.02
-9.09%
1,741.36
+17.73%
1,479.09
Cost Of Revenue
182.75
+3.53%
176.52
-20.32%
221.53
+46.29%
151.43
Reconciled Cost Of Revenue
160.24
+20.79%
132.66
-20.85%
167.62
+82.51%
91.84
Gross Profit
1,533.74
+9.05%
1,406.50
-7.46%
1,519.83
+14.47%
1,327.66
Operating Expense
661.69
+5.43%
627.59
-10.99%
705.11
+12.33%
627.71
Selling General And Administration
140.57
+0.50%
139.86
+6.85%
130.90
+5.30%
124.31
General And Administrative Expense
140.57
+0.50%
139.86
+6.85%
130.90
+5.30%
124.31
Salaries And Wages
39.89
-2.45%
40.89
+18.52%
34.50
+5.06%
32.84
Other Gand A
100.67
+1.72%
98.97
+2.67%
96.39
+5.38%
91.47
Total Expenses
844.44
+5.02%
804.11
-13.22%
926.64
+18.93%
779.14
Operating Income
872.05
+11.96%
778.91
-4.39%
814.72
+16.40%
699.94
EBITDA
1,339.71
+2.95%
1,301.28
-22.19%
1,672.29
+18.74%
1,408.36
Normalized EBITDA
1,218.53
-1.94%
1,242.66
-14.16%
1,447.67
+2.04%
1,418.79
Reconciled Depreciation
543.63
+2.27%
531.58
-15.37%
628.12
+11.57%
562.99
EBIT
796.08
+3.43%
769.71
-26.29%
1,044.17
+23.52%
845.37
Total Unusual Items
121.18
+106.72%
58.62
-73.90%
224.62
+2252.97%
-10.43
Total Unusual Items Excluding Goodwill
121.18
+106.72%
58.62
-73.90%
224.62
+2252.97%
-10.43
Special Income Charges
-72.61
-348.15%
-16.20
+82.27%
-91.36
-69.48%
-53.91
Impairment Of Capital Assets
70.37
+61.41%
43.59
-49.55%
86.41
+26.23%
68.45
Restructuring And Mergern Acquisition
2.25
+108.20%
-27.39
-652.93%
4.95
+134.06%
-14.54
Net Income
466.36
+1.20%
460.84
-34.94%
708.33
+18.23%
599.14
Pretax Income
504.82
+2.54%
492.34
-34.56%
752.32
+20.14%
626.21
Net Non Operating Interest Income Expense
-291.26
-5.01%
-277.37
+4.96%
-291.85
-33.17%
-219.16
Interest Expense Non Operating
291.26
+5.01%
277.37
-4.96%
291.85
+33.17%
219.16
Net Interest Income
-291.26
-5.01%
-277.37
+4.96%
-291.85
-33.17%
-219.16
Interest Expense
291.26
+5.01%
277.37
-4.96%
291.85
+33.17%
219.16
Other Income Expense
-75.97
-725.11%
-9.21
-104.01%
229.45
+57.78%
145.42
Other Non Operating Income Expenses
-215.16
-150.90%
-85.75
-481.68%
-14.74
-111.67%
126.35
Gain On Sale Of Security
193.79
+159.01%
74.82
-76.32%
315.98
+626.80%
43.48
Gain On Sale Of Business
—
—
—
33.93
Tax Provision
31.91
+0.63%
31.71
-28.02%
44.05
+58.89%
27.72
Tax Rate For Calcs
0.00
-2.18%
0.00
+9.99%
0.00
+32.26%
0.00
Tax Effect Of Unusual Items
7.63
+102.21%
3.78
-71.30%
13.15
+2947.50%
-0.46
Net Income Including Noncontrolling Interests
472.92
+2.67%
460.63
-34.96%
708.26
+18.34%
598.48
Net Income From Continuing Operation Net Minority Interest
466.36
+1.20%
460.84
-34.94%
708.33
+18.23%
599.14
Net Income From Continuing And Discontinued Operation
466.36
+1.20%
460.84
-34.94%
708.33
+18.23%
599.14
Net Income Continuous Operations
472.92
+2.67%
460.63
-34.96%
708.26
+18.34%
598.48
Minority Interests
-6.56
-3236.84%
0.21
+198.57%
0.07
-89.35%
0.66
Normalized Income
352.81
-13.10%
406.00
-18.29%
496.87
-18.43%
609.11
Net Income Common Stockholders
466.36
+1.20%
460.84
-34.94%
708.33
+18.23%
599.14
Diluted EPS
2.11
+0.96%
2.09
-36.28%
3.28
+9.70%
2.99
Basic EPS
2.11
+0.96%
2.09
-36.47%
3.29
+9.67%
3.00
Basic Average Shares
220.50
+0.15%
220.17
+2.23%
215.37
+7.88%
199.63
Diluted Average Shares
221.11
+0.27%
220.52
+2.21%
215.76
+7.65%
200.43
Diluted NI Availto Com Stockholders
466.36
+1.20%
460.84
-34.94%
708.33
+18.23%
599.14
Depreciation Amortization Depletion Income Statement
521.13
+6.85%
487.72
-15.06%
574.21
+14.07%
503.40
Depreciation And Amortization In Income Statement
521.13
+6.85%
487.72
-15.06%
574.21
+14.07%
503.40
Earnings From Equity Interest
18.01
+0.46%
17.93
-8.42%
19.57
-33.66%
29.51
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
17,990.23
+2.60%
17,535.02
-2.46%
17,976.78
-0.69%
18,102.03
Current Assets
158.66
-75.22%
640.37
-4.56%
670.98
+196.97%
225.94
Cash Cash Equivalents And Short Term Investments
155.33
-75.74%
640.37
+1.03%
633.86
+277.31%
168.00
Cash And Cash Equivalents
155.33
-75.74%
640.37
+1.03%
633.86
+277.31%
168.00
Receivables
—
—
—
0.92
Accounts Receivable
—
—
—
0.33
Other Receivables
—
—
—
0.39
Loans Receivable
—
—
—
—
Assets Held For Sale Current
3.33
0.00
-100.00%
37.12
-35.93%
57.94
Total Non Current Assets
17,831.58
+5.55%
16,894.65
-2.38%
17,305.80
-3.19%
17,876.10
Goodwill And Other Intangible Assets
987.07
+1.99%
967.84
-1.07%
978.29
-5.70%
1,037.41
Goodwill
987.07
+1.99%
967.84
-1.07%
978.29
-5.70%
1,037.41
Other Intangible Assets
—
—
3,015.63
-13.68%
3,493.50
Investments And Advances
310.18
+3.01%
301.12
-15.00%
354.26
+8.17%
327.50
Long Term Equity Investment
310.18
+3.01%
301.12
-15.00%
354.26
+8.17%
327.50
Other Non Current Assets
1,068.48
+2.23%
1,045.22
-4.67%
1,096.47
+1.50%
1,080.23
Total Liabilities Net Minority Interest
9,856.09
+8.30%
9,100.90
-1.82%
9,269.79
+1.94%
9,093.39
Current Liabilities
877.52
+10.44%
794.61
-1.67%
808.08
-5.17%
852.10
Payables And Accrued Expenses
877.52
+10.44%
794.61
-1.67%
808.08
-5.17%
852.10
Payables
877.52
+10.44%
794.61
-1.67%
808.08
-5.17%
852.10
Accounts Payable
670.04
+12.24%
596.99
-3.05%
615.75
-1.30%
623.84
Dividends Payable
207.49
+5.00%
197.61
+2.75%
192.33
-15.74%
228.26
Total Non Current Liabilities Net Minority Interest
8,978.57
+8.09%
8,306.29
-1.84%
8,461.70
+2.67%
8,241.29
Long Term Debt And Capital Lease Obligation
8,722.69
+8.50%
8,039.00
-1.29%
8,144.18
+3.38%
7,877.75
Long Term Debt
8,722.69
+8.50%
8,039.00
-1.29%
8,144.18
+3.38%
7,877.75
Non Current Deferred Liabilities
151.82
+2.96%
147.46
-18.37%
180.65
+0.94%
178.96
Non Current Deferred Taxes Liabilities
151.82
+2.96%
147.46
-18.37%
180.65
+0.94%
178.96
Other Non Current Liabilities
104.06
-13.17%
119.83
-12.45%
136.87
-25.85%
184.58
Stockholders Equity
8,118.26
-3.69%
8,429.69
-3.11%
8,700.43
-3.26%
8,993.65
Common Stock Equity
8,118.26
-3.69%
8,429.69
-3.11%
8,700.43
-3.26%
8,993.65
Capital Stock
0.22
+0.00%
0.22
+0.00%
0.22
+3.79%
0.21
Common Stock
0.22
+0.00%
0.22
+0.00%
0.22
+3.79%
0.21
Preferred Stock
0.00
0.00
0.00
0.00
Share Issued
219.15
+0.14%
218.85
+0.08%
218.67
+3.82%
210.62
Ordinary Shares Number
219.15
+0.14%
218.85
+0.08%
218.67
+3.82%
210.62
Additional Paid In Capital
11,830.74
+0.22%
11,805.18
+0.18%
11,784.46
+0.66%
11,706.84
Retained Earnings
-3,539.59
-10.48%
-3,203.97
-10.81%
-2,891.42
-16.28%
-2,486.63
Gains Losses Not Affecting Retained Earnings
-173.11
-0.80%
-171.73
+10.94%
-192.82
+14.97%
-226.77
Minority Interest
15.88
+258.66%
4.43
-32.51%
6.56
-56.25%
15.00
Other Equity Adjustments
-253.35
-1.24%
-250.23
+1.82%
-254.87
+10.19%
-283.78
Total Equity Gross Minority Interest
8,134.14
-3.56%
8,434.12
-3.13%
8,707.00
-3.35%
9,008.64
Total Capitalization
16,840.95
+2.26%
16,468.70
-2.23%
16,844.62
-0.16%
16,871.39
Working Capital
-718.87
-366.09%
-154.23
-12.50%
-137.10
+78.10%
-626.16
Invested Capital
16,840.95
+2.26%
16,468.70
-2.23%
16,844.62
-0.16%
16,871.39
Total Debt
8,722.69
+8.50%
8,039.00
-1.29%
8,144.18
+3.38%
7,877.75
Net Debt
8,567.36
+15.80%
7,398.63
-1.49%
7,510.32
-2.59%
7,709.75
Net Tangible Assets
7,131.19
-4.43%
7,461.85
-3.37%
7,722.15
-2.94%
7,956.23
Tangible Book Value
7,131.19
-4.43%
7,461.85
-3.37%
7,722.15
-2.94%
7,956.23
Duefrom Related Parties Current
—
—
—
0.20
Investment Properties
15,465.85
+6.07%
14,580.48
-1.99%
14,876.78
-3.59%
15,430.95
Minimum Pension Liabilities
80.24
+2.21%
78.50
+26.52%
62.05
+8.83%
57.01
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
1,282.32
-30.05%
1,833.11
+70.77%
1,073.43
+6.96%
1,003.56
Cash Flow From Continuing Operating Activities
1,282.32
-30.05%
1,833.11
+70.77%
1,073.43
+6.96%
1,003.56
Net Income From Continuing Operations
472.92
+2.67%
460.63
-34.96%
708.26
+18.34%
598.48
Depreciation Amortization Depletion
543.63
+2.27%
531.58
-15.37%
628.12
+11.57%
562.99
Depreciation
537.64
+6.02%
507.10
-14.65%
594.17
+14.32%
519.74
Amortization Cash Flow
5.99
-75.54%
24.48
-27.92%
33.96
-21.48%
43.25
Depreciation And Amortization
543.63
+2.27%
531.58
-15.37%
628.12
+11.57%
562.99
Amortization Of Intangibles
5.99
-75.54%
24.48
-27.92%
33.96
-21.48%
43.25
Other Non Cash Items
121.79
-82.92%
713.07
+1045.27%
-75.44
-8.34%
-69.62
Stock Based Compensation
39.89
-2.45%
40.89
+18.52%
34.50
+5.06%
32.84
Provisionand Write Offof Assets
27.19
-1.60%
27.63
-4.97%
29.07
+302.42%
-14.36
Asset Impairment Charge
70.37
+61.41%
43.59
-49.55%
86.41
+26.23%
68.45
Deferred Tax
-10.88
-156.42%
-4.25
-2033.17%
-0.20
+97.53%
-8.07
Deferred Income Tax
-10.88
-156.42%
-4.25
-2033.17%
-0.20
+97.53%
-8.07
Operating Gains Losses
-7.36
-102.56%
-3.63
+98.89%
-326.50
-78.30%
-183.12
Gain Loss On Investment Securities
-193.79
-159.01%
-74.82
+76.32%
-315.98
-626.80%
-43.48
Change In Working Capital
8.84
+249.05%
2.53
+108.61%
-29.40
-106.03%
-14.27
Change In Other Working Capital
—
—
—
-14.27
Investing Cash Flow
-960.14
+15.32%
-1,133.89
-25.17%
-905.88
+13.93%
-1,052.53
Cash Flow From Continuing Investing Activities
-960.14
+15.32%
-1,133.89
-25.17%
-905.88
+13.93%
-1,052.53
Net Investment Purchase And Sale
—
—
—
0.00
Purchase Of Investment
—
—
—
0.00
Net Business Purchase And Sale
-2.85
+81.87%
-15.73
+43.27%
-27.73
+94.56%
-509.75
Purchase Of Business
-8.17
+51.25%
-16.76
+56.15%
-38.22
+92.61%
-516.85
Net Other Investing Changes
-388.92
-47.59%
-263.51
-3210.35%
8.47
-98.21%
472.74
Financing Cash Flow
-761.71
-10.64%
-688.47
-335.32%
292.56
+405.40%
57.89
Cash Flow From Continuing Financing Activities
-761.71
-10.64%
-688.47
-335.32%
292.56
+405.40%
57.89
Net Issuance Payments Of Debt
43.16
-61.68%
112.63
-56.25%
257.42
-34.22%
391.33
Issuance Of Debt
3,597.73
+21.75%
2,955.07
-4.49%
3,093.91
+14.70%
2,697.33
Repayment Of Debt
-3,554.57
-25.05%
-2,842.45
-0.21%
-2,836.48
-23.00%
-2,306.00
Long Term Debt Issuance
3,597.73
+21.75%
2,955.07
-4.49%
3,093.91
+14.70%
2,697.33
Long Term Debt Payments
-3,554.57
-25.05%
-2,842.45
-0.21%
-2,836.48
-23.00%
-2,306.00
Net Long Term Debt Issuance
43.16
-61.68%
112.63
-56.25%
257.42
-34.22%
391.33
Short Term Debt Issuance
—
—
2,551.58
+22.71%
2,079.42
Short Term Debt Payments
—
—
-2,439.75
-12.51%
-2,168.39
Net Short Term Debt Issuance
—
—
111.82
+225.68%
-88.97
Net Common Stock Issuance
—
0.00
0.00
-100.00%
218.08
Common Stock Dividend Paid
-790.03
-3.25%
-765.15
+16.52%
-916.53
-9.73%
-835.26
Cash Dividends Paid
-790.03
-3.25%
-765.15
+16.52%
-916.53
-9.73%
-835.26
Proceeds From Stock Option Exercised
0.00
0.00
-100.00%
633.78
+122.96%
284.26
Net Other Financing Charges
-14.84
+58.73%
-35.95
-111.31%
317.88
+60419.35%
-0.53
Changes In Cash
-439.53
-4187.90%
10.75
-97.66%
460.11
+5062.83%
8.91
Effect Of Exchange Rate Changes
21.22
+276.53%
-12.02
-255.75%
7.72
+383.68%
-2.72
Beginning Cash Position
690.70
-0.18%
691.97
+208.72%
224.14
+2.84%
217.95
End Cash Position
272.39
-60.56%
690.70
-0.18%
691.97
+208.72%
224.14
Free Cash Flow
1,282.32
-30.05%
1,833.11
+70.77%
1,073.43
+6.96%
1,003.56
Common Stock Issuance
—
0.00
0.00
-100.00%
218.08
Dividend Received CFO
15.94
-24.32%
21.07
+13.33%
18.59
-38.52%
30.24
Earnings Losses From Equity Investments
-18.01
+63.82%
-49.77
-154.28%
-19.57
+69.14%
-63.44
Issuance Of Capital Stock
—
0.00
0.00
-100.00%
218.08
Net Investment Properties Purchase And Sale
-568.37
+33.50%
-854.65
+3.61%
-886.62
+12.69%
-1,015.52
Purchase Of Investment Properties
-1,848.55
-46.23%
-1,264.14
+5.17%
-1,333.02
-6.63%
-1,250.17
Sale Of Business
5.32
+418.23%
1.03
-90.21%
10.48
+47.62%
7.10
Sale Of Investment Properties
1,280.18
+212.63%
409.49
-8.27%
446.40
+90.24%
234.65
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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