(WPC) W P Carey - Overview
Exchange: NYSE •
Country: United States •
Currency: USD •
Type: Common Stock •
ISIN: US92936U1097
Stock: Net Lease Properties, Self-Storage, Industrial, Warehouse, Retail
Total Rating 41
Risk 40
Buy Signal -1.19
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 5.63% |
| Yield on Cost 5y | 7.28% |
| Yield CAGR 5y | -3.68% |
| Payout Consistency | 98.1% |
| Payout Ratio | 1.8% |
| Risk 5d forecast | |
|---|---|
| Volatility | 21.2% |
| Relative Tail Risk | -3.28% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.37 |
| Alpha | 23.59 |
| Character TTM | |
|---|---|
| Beta | 0.284 |
| Beta Downside | 0.479 |
| Drawdowns 3y | |
|---|---|
| Max DD | 35.47% |
| CAGR/Max DD | 0.03 |
Description: WPC W P Carey January 03, 2026
W. P. Carey (NYSE: WPC) is one of the largest net-lease REITs, owning roughly 1,600 single-tenant properties-including industrial, warehouse, retail and 66 self-storage sites-totaling about 178 million sq ft as of 30 June 2025. The portfolio is geographically diversified across the United States and Europe and is anchored by long-term net leases that contain automatic rent escalations, providing predictable cash flow.
Key operating metrics that investors watch: FY 2024 adjusted FFO was $0.70 per share, the dividend yield hovered near 5.6 %, and the company maintained a debt-to-EBITDA ratio of ~5.2×, indicating moderate leverage. Sector-level drivers include sustained e-commerce demand boosting industrial space demand, and a historically low vacancy rate (~4 %) in net-lease assets that supports rent growth. However, rising interest rates could pressure net-lease valuations and the cost of new debt financing.
For a deeper quantitative view, ValueRay’s platform offers granular metrics that can help you assess W.P. Carey’s risk-adjusted return profile.
Piotroski VR‑10 (Strict, 0-10) 4.0
| Net Income: 365.1m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.07 > 0.02 and ΔFCF/TA -3.11 > 1.0 |
| NWC/Revenue: -29.45% < 20% (prev 3.88%; Δ -33.34% < -1%) |
| CFO/TA 0.07 > 3% & CFO 1.27b > Net Income 365.1m |
| Net Debt (8.44b) to EBITDA (1.29b): 6.54 < 3 |
| Current Ratio: 0.34 > 1.5 & < 3 |
| Outstanding Shares: last quarter (221.1m) vs 12m ago 0.31% < -2% |
| Gross Margin: 83.64% > 18% (prev 0.92%; Δ 8272 % > 0.5%) |
| Asset Turnover: 10.68% > 50% (prev 9.00%; Δ 1.68% > 0%) |
| Interest Coverage Ratio: 2.71 > 6 (EBITDA TTM 1.29b / Interest Expense TTM 286.7m) |
Altman Z'' -0.93
| A: -0.03 (Total Current Assets 291.8m - Total Current Liabilities 852.1m) / Total Assets 17.99b |
| B: -0.19 (Retained Earnings -3.48b / Total Assets 17.99b) |
| C: 0.04 (EBIT TTM 777.3m / Avg Total Assets 17.81b) |
| D: -0.37 (Book Value of Equity -3.67b / Total Liabilities 9.81b) |
| Altman-Z'' Score: -0.93 = CCC |
Beneish M 1.00
| DSRI: 24.79 (Receivables 34.7m/1.17m, Revenue 1.90b/1.59b) |
| GMI: 1.10 (GM 83.64% / 92.12%) |
| AQI: 1.07 (AQ_t 0.29 / AQ_t-1 0.27) |
| SGI: 1.20 (Revenue 1.90b / 1.59b) |
| TATA: -0.05 (NI 365.1m - CFO 1.27b) / TA 17.99b) |
| Beneish M-Score: 16.78 (Cap -4..+1) = D |
What is the price of WPC shares?
As of February 04, 2026, the stock is trading at USD 69.25 with a total of 847,810 shares traded.
Over the past week, the price has changed by +0.10%, over one month by +8.05%, over three months by +6.57% and over the past year by +32.18%.
Over the past week, the price has changed by +0.10%, over one month by +8.05%, over three months by +6.57% and over the past year by +32.18%.
Is WPC a buy, sell or hold?
W P Carey has received a consensus analysts rating of 3.00.
Therefor, it is recommend to hold WPC.
- StrongBuy: 0
- Buy: 3
- Hold: 8
- Sell: 3
- StrongSell: 0
What are the forecasts/targets for the WPC price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 69.8 | 0.8% |
| Analysts Target Price | 69.8 | 0.8% |
| ValueRay Target Price | 76.6 | 10.7% |
WPC Fundamental Data Overview February 02, 2026
P/E Trailing = 41.7665
P/E Forward = 24.1546
P/S = 9.1513
P/B = 1.8586
Revenue TTM = 1.90b USD
EBIT TTM = 777.3m USD
EBITDA TTM = 1.29b USD
Long Term Debt = 8.68b USD (from longTermDebt, last quarter)
Short Term Debt = 685.1m USD (from shortTermDebt, last fiscal year)
Debt = 8.68b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 8.44b USD (from netDebt column, last quarter)
Enterprise Value = 23.72b USD (15.29b + Debt 8.68b - CCE 249.0m)
Interest Coverage Ratio = 2.71 (Ebit TTM 777.3m / Interest Expense TTM 286.7m)
EV/FCF = 18.62x (Enterprise Value 23.72b / FCF TTM 1.27b)
FCF Yield = 5.37% (FCF TTM 1.27b / Enterprise Value 23.72b)
FCF Margin = 66.97% (FCF TTM 1.27b / Revenue TTM 1.90b)
Net Margin = 19.19% (Net Income TTM 365.1m / Revenue TTM 1.90b)
Gross Margin = 83.64% ((Revenue TTM 1.90b - Cost of Revenue TTM 311.1m) / Revenue TTM)
Gross Margin QoQ = 68.67% (prev 88.84%)
Tobins Q-Ratio = 1.32 (Enterprise Value 23.72b / Total Assets 17.99b)
Interest Expense / Debt = 0.87% (Interest Expense 75.2m / Debt 8.68b)
Taxrate = 5.67% (8.49m / 149.7m)
NOPAT = 733.2m (EBIT 777.3m * (1 - 5.67%))
Current Ratio = 0.34 (Total Current Assets 291.8m / Total Current Liabilities 852.1m)
Debt / Equity = 1.06 (Debt 8.68b / totalStockholderEquity, last quarter 8.16b)
Debt / EBITDA = 6.54 (Net Debt 8.44b / EBITDA 1.29b)
Debt / FCF = 6.62 (Net Debt 8.44b / FCF TTM 1.27b)
Total Stockholder Equity = 8.29b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.05% (Net Income 365.1m / Total Assets 17.99b)
RoE = 4.40% (Net Income TTM 365.1m / Total Stockholder Equity 8.29b)
RoCE = 4.58% (EBIT 777.3m / Capital Employed (Equity 8.29b + L.T.Debt 8.68b))
RoIC = 4.42% (NOPAT 733.2m / Invested Capital 16.60b)
WACC = 4.73% (E(15.29b)/V(23.97b) * Re(6.96%) + D(8.68b)/V(23.97b) * Rd(0.87%) * (1-Tc(0.06)))
Discount Rate = 6.96% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: 100.0 | Cagr: 0.37%
[DCF Debug] Terminal Value 86.63% ; FCFF base≈1.48b ; Y1≈1.53b ; Y5≈1.72b
Fair Price DCF = 194.6 (EV 51.08b - Net Debt 8.44b = Equity 42.64b / Shares 219.1m; r=5.90% [WACC]; 5y FCF grow 3.06% → 2.90% )
EPS Correlation: -47.67 | EPS CAGR: -49.97% | SUE: -4.0 | # QB: 0
Revenue Correlation: 65.23 | Revenue CAGR: 19.02% | SUE: 4.0 | # QB: 2
EPS next Quarter (2026-03-31): EPS=0.69 | Chg30d=+0.002 | Revisions Net=+1 | Analysts=1
EPS next Year (2026-12-31): EPS=2.87 | Chg30d=+0.036 | Revisions Net=+1 | Growth EPS=+77.4% | Growth Revenue=+6.6%
P/E Forward = 24.1546
P/S = 9.1513
P/B = 1.8586
Revenue TTM = 1.90b USD
EBIT TTM = 777.3m USD
EBITDA TTM = 1.29b USD
Long Term Debt = 8.68b USD (from longTermDebt, last quarter)
Short Term Debt = 685.1m USD (from shortTermDebt, last fiscal year)
Debt = 8.68b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 8.44b USD (from netDebt column, last quarter)
Enterprise Value = 23.72b USD (15.29b + Debt 8.68b - CCE 249.0m)
Interest Coverage Ratio = 2.71 (Ebit TTM 777.3m / Interest Expense TTM 286.7m)
EV/FCF = 18.62x (Enterprise Value 23.72b / FCF TTM 1.27b)
FCF Yield = 5.37% (FCF TTM 1.27b / Enterprise Value 23.72b)
FCF Margin = 66.97% (FCF TTM 1.27b / Revenue TTM 1.90b)
Net Margin = 19.19% (Net Income TTM 365.1m / Revenue TTM 1.90b)
Gross Margin = 83.64% ((Revenue TTM 1.90b - Cost of Revenue TTM 311.1m) / Revenue TTM)
Gross Margin QoQ = 68.67% (prev 88.84%)
Tobins Q-Ratio = 1.32 (Enterprise Value 23.72b / Total Assets 17.99b)
Interest Expense / Debt = 0.87% (Interest Expense 75.2m / Debt 8.68b)
Taxrate = 5.67% (8.49m / 149.7m)
NOPAT = 733.2m (EBIT 777.3m * (1 - 5.67%))
Current Ratio = 0.34 (Total Current Assets 291.8m / Total Current Liabilities 852.1m)
Debt / Equity = 1.06 (Debt 8.68b / totalStockholderEquity, last quarter 8.16b)
Debt / EBITDA = 6.54 (Net Debt 8.44b / EBITDA 1.29b)
Debt / FCF = 6.62 (Net Debt 8.44b / FCF TTM 1.27b)
Total Stockholder Equity = 8.29b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.05% (Net Income 365.1m / Total Assets 17.99b)
RoE = 4.40% (Net Income TTM 365.1m / Total Stockholder Equity 8.29b)
RoCE = 4.58% (EBIT 777.3m / Capital Employed (Equity 8.29b + L.T.Debt 8.68b))
RoIC = 4.42% (NOPAT 733.2m / Invested Capital 16.60b)
WACC = 4.73% (E(15.29b)/V(23.97b) * Re(6.96%) + D(8.68b)/V(23.97b) * Rd(0.87%) * (1-Tc(0.06)))
Discount Rate = 6.96% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: 100.0 | Cagr: 0.37%
[DCF Debug] Terminal Value 86.63% ; FCFF base≈1.48b ; Y1≈1.53b ; Y5≈1.72b
Fair Price DCF = 194.6 (EV 51.08b - Net Debt 8.44b = Equity 42.64b / Shares 219.1m; r=5.90% [WACC]; 5y FCF grow 3.06% → 2.90% )
EPS Correlation: -47.67 | EPS CAGR: -49.97% | SUE: -4.0 | # QB: 0
Revenue Correlation: 65.23 | Revenue CAGR: 19.02% | SUE: 4.0 | # QB: 2
EPS next Quarter (2026-03-31): EPS=0.69 | Chg30d=+0.002 | Revisions Net=+1 | Analysts=1
EPS next Year (2026-12-31): EPS=2.87 | Chg30d=+0.036 | Revisions Net=+1 | Growth EPS=+77.4% | Growth Revenue=+6.6%