W. P. Carey Inc.

US$65.05As of Sun 8 Nov 2026, 12:00 UTC

NYSE:WPCReal Estate

Country USA

PE (Fwd) •••

TSR 10Y CAGR 6.98%

Div yield 5.84%

ROE 7.76%

REIT (Diversified)

Beta (5Y) 0.77

PE TTM 22.58

TSR TTM 4.17%

Mkt cap US$14.97B

ROIC 5.59%

SE Grade™

—

Value

Quality

Moat

Consensus

Reference

$80

23.11%

(29.77%)

Hold 5|2|8|0|11

TTM

FYE 31 Dec USD

FY2016

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026E

Trend

10Y

Peers

4.626

Revenue$B

2.360

2.520

2.685

2.894

3.084

3.308

3.522

3.806

4.181

4.579

4.928

8.22%

7.65%

9.30

Revenue growth%

27.11

25.34

26.47

25.17

23.02

21.28

20.57

19.84

17.28

16.09

23.46

19.84

22.15

10.33

Gross margin%

12.03

15.00

13.36

12.93

15.12

13.72

11.45

10.17

9.37

10.67

19.71

10.67

12.48

21.72

Operating margin%

25.60

24.35

24.56

23.93

26.37

27.55

27.80

28.01

27.15

24.88

21.50

27.55

25.98

3.36

Net margin%

14.51

14.69

14.79

15.41

15.09

13.29

11.79

13.76

14.66

16.15

6.80

13.76

14.67

11.69

P/E ratio (avg)x

20.91

20.84

23.67

27.83

31.32

32.08

34.67

33.61

38.93

41.25

7.902

34.67

31.70

9.649

EV/EBITx

16.17

14.31

14.09

15.29

14.62

12.64

13.19

14.20

15.16

16.39

6.597

14.20

14.47

22.81

FCF yield (avg)%

2.99

5.88

3.36

0.98

0.52

0.44

2.85

3.34

2.83

4.62

3.80

2.85

2.92

11.43

FCF margin%

30.23

30.71

32.75

30.91

33.75

35.97

36.11

35.72

34.33

34.13

28.14

35.72

33.94

1.520

FCF / Net incomex

0.898

0.822

0.915

0.930

1.029

0.913

0.948

0.965

1.018

0.983

0.186

0.965

0.939

12.23

ROIC%

5.72

2.84

3.16

3.01

0.83

2.42

0.91

0.40

0.79

0.40

5.50

0.79

1.67

5.79

Return on equity%

13.92

11.13

12.28

12.58

15.28

16.60

14.70

11.98

12.24

11.61

21.28

12.24

12.43

28.96

Return on assets%

11.36

10.61

13.15

10.36

8.76

10.69

8.63

9.17

9.02

6.68

11.46

9.02

9.77

1.55

EPS$

5.62

5.31

5.88

5.30

4.69

5.12

4.71

5.23

5.29

5.59

1.72

3.58%

1.09%

—

24.21

EPS growth%

25.72

28.63

26.14

24.33

23.59

25.38

26.13

23.56

21.81

20.24

12.69

23.56

24.85

7.17

Bookvalue per sh$

7.42

8.24

9.22

9.67

11.53

11.52

11.65

12.38

13.78

15.68

2.01

6.35%

8.13%

—

4.89

FCF per share$

1.96

2.02

2.23

2.11

1.96

2.02

2.16

2.03

2.00

2.29

2.75

3.14%

2.96%

—

7.11

Dividend per sh$

8.72

9.65

11.18

11.04

12.50

13.14

13.45

12.77

14.73

15.52

3.75

4.41%

5.70%

—

19.82

Div yield (avg)%

2.88

2.32

4.12

1.21

0.40

2.71

2.96

3.71

1.07

1.61

25.54

2.71

2.51

18.32

Payout ratio%

17.70

16.61

16.76

17.24

16.20

15.83

18.10

21.06

22.13

24.43

3.53

21.06

17.47

223.5

Shares (diluted)M

220.6

205.5

194.2

199.4

180.1

175.5

162.4

168.0

185.0

177.7

229.6

(0.26%)

(2.88%)

20.76

Buyback yield%

29.66

29.21

26.57

24.11

23.58

22.00

23.14

23.81

24.89

26.34

12.19

23.81

24.50

0.310

D/E ratiox

1.212

1.385

1.560

1.636

1.618

1.572

1.623

1.558

1.732

2.005

0.351

1.623

1.595

1.278

Enterprise value$B

2.438

2.667

2.975

2.876

2.842

2.881

2.798

2.907

2.929

3.219

4.035

2.53%

3.46%

1.160

LT debt$B

2.984

3.194

3.223

3.213

3.156

2.985

3.333

3.488

3.523

3.644

3.174

2.92%

1.19%

Peers (US$14.97B)

Cap (US$)

VICI Properties Inc.

27.30B

11.48x

Broadstone Net Lease…

3.504B

23.12x

American Assets Trust…

1.670B

61.68x

Stockland

7.659B

11.22x

Capital

TTM

10Y

Leveragex

3.287

2.881

2.127

EBIT/Intx

2.964

0.579

0.498

Own earn%

36.81

68.13

62.13

Sh yield%

40.58

26.10

26.81

Owners

Insiders/Inst%

7.84

57.88

Short interest%

1.23

SBC / revenue%

2.69

Record

10Y

Profitable years

10/10

Revenue growth years

10/10

EPS growth years

10/10

Dividend streakyrs

Op margin range%

24–28

$1 testx

—

Incr. ROIC%

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 1,748 net lease properties covering approximately 188 million square feet as of June 30, 2026.

Growth vs revenue

Latest

Trend

10Y CAGR

Rel growth

Revenue

$4.579B

7.65%

1.00×

Cost of revenue

$3.205B

7.65%

1.00×

Operating expenses

$687.6M

7.36%

0.97×