(WPC) W P Carey - Overview

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US92936U1097

Stock: Industrial Properties, Warehouse Space, Retail Buildings, Office Buildings

Total Rating 35
Risk 26
Buy Signal -0.53
Risk 5d forecast
Volatility 18.6%
Relative Tail Risk -2.48%
Reward TTM
Sharpe Ratio 0.79
Alpha 10.29
Character TTM
Beta 0.245
Beta Downside 0.505
Drawdowns 3y
Max DD 30.92%
CAGR/Max DD 0.12

EPS (Earnings per Share)

EPS (Earnings per Share) of WPC over the last years for every Quarter: "2021-03": 0.63, "2021-06": 0.67, "2021-09": 0.74, "2021-12": 0.53, "2022-03": 0.82, "2022-06": 0.66, "2022-09": 0.51, "2022-12": 1, "2023-03": 1.39, "2023-06": 0.67, "2023-09": 0.58, "2023-12": 0.66, "2024-03": 0.72, "2024-06": 0.65, "2024-09": 0.56, "2024-12": 0.6, "2025-03": 0.59, "2025-06": 0.8, "2025-09": 0.6681, "2025-12": 0.67,

Revenue

Revenue of WPC over the last years for every Quarter: 2021-03: 298.807, 2021-06: 313.541, 2021-09: 329.027, 2021-12: 341.681, 2022-03: 338.161, 2022-06: 348.064, 2022-09: 386.39, 2022-12: 400.474, 2023-03: 419.552, 2023-06: 451.769, 2023-09: 451.124, 2023-12: 414.12, 2024-03: 391.444, 2024-06: 386.102, 2024-09: 394.755, 2024-12: 404.085, 2025-03: 411.048, 2025-06: 430.777, 2025-09: 656.441, 2025-12: 444.547,

Description: WPC W P Carey March 05, 2026

W. P. Carey Inc. (WPC) is a large net lease Real Estate Investment Trust (REIT).

The company specializes in single-tenant industrial, warehouse, and retail properties. Net lease REITs typically transfer property operating expenses to the tenant.

As of December 31, 2025, WPCs portfolio included 1,682 properties across approximately 183 million square feet. Their leases are long-term with built-in rent escalations, a common feature in net lease agreements designed to protect against inflation.

WPC operates in the U.S. and Europe, with offices in New York, London, Amsterdam, and Dallas. For deeper insights into WPCs performance metrics and sector comparisons, further research on platforms like ValueRay is recommended.

Headlines to watch out for

  • Long-term net leases provide stable, predictable revenue
  • Industrial and warehouse demand drives portfolio growth
  • Interest rate fluctuations impact financing costs
  • European economic conditions affect rental income
  • Inflation-linked rent escalations boost revenue

Piotroski VR‑10 (Strict, 0-10) 4.0

Net Income: 466.4m TTM > 0 and > 6% of Revenue
FCF/TA: 0.07 > 0.02 and ΔFCF/TA -3.33 > 1.0
NWC/Revenue: -37.17% < 20% (prev -9.78%; Δ -27.39% < -1%)
CFO/TA 0.07 > 3% & CFO 1.28b > Net Income 466.4m
Net Debt (8.57b) to EBITDA (1.33b): 6.46 < 3
Current Ratio: 0.18 > 1.5 & < 3
Outstanding Shares: last quarter (221.2m) vs 12m ago 0.29% < -2%
Gross Margin: 68.20% > 18% (prev 0.92%; Δ 6728 % > 0.5%)
Asset Turnover: 10.94% > 50% (prev 8.99%; Δ 1.95% > 0%)
Interest Coverage Ratio: 2.73 > 6 (EBITDA TTM 1.33b / Interest Expense TTM 291.2m)

Altman Z'' -1.00

A: -0.04 (Total Current Assets 155.3m - Total Current Liabilities 877.5m) / Total Assets 17.99b
B: -0.20 (Retained Earnings -3.54b / Total Assets 17.99b)
C: 0.04 (EBIT TTM 794.0m / Avg Total Assets 17.76b)
D: -0.38 (Book Value of Equity -3.71b / Total Liabilities 9.86b)
Altman-Z'' Score: -1.00 = CCC

Beneish M 1.00

DSRI: 873.8 (Receivables 1.17b/1.09m, Revenue 1.94b/1.58b)
GMI: 1.35 (GM 68.20% / 92.35%)
AQI: 0.52 (AQ_t 0.13 / AQ_t-1 0.25)
SGI: 1.23 (Revenue 1.94b / 1.58b)
TATA: -0.05 (NI 466.4m - CFO 1.28b) / TA 17.99b)
Beneish M-Score: 715.5 (Cap -4..+1) = D

What is the price of WPC shares?

As of March 11, 2026, the stock is trading at USD 72.26 with a total of 722,201 shares traded.
Over the past week, the price has changed by -2.07%, over one month by -0.45%, over three months by +11.05% and over the past year by +18.55%.

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 72.3 0%
Analysts Target Price 72.3 0%

WPC Fundamental Data Overview March 10, 2026

P/E Trailing = 34.4123
P/E Forward = 25.3165
P/S = 9.5855
P/B = 2.0139
P/EG = 1.471
Revenue TTM = 1.94b USD
EBIT TTM = 794.0m USD
EBITDA TTM = 1.33b USD
Long Term Debt = 8.72b USD (from longTermDebt, last quarter)
Short Term Debt = 2.54m USD (from shortTermDebt, two quarters ago)
Debt = 8.72b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 8.57b USD (from netDebt column, last quarter)
Enterprise Value = 24.92b USD (16.35b + Debt 8.72b - CCE 155.3m)
Interest Coverage Ratio = 2.73 (Ebit TTM 794.0m / Interest Expense TTM 291.2m)
EV/FCF = 19.43x (Enterprise Value 24.92b / FCF TTM 1.28b)
FCF Yield = 5.15% (FCF TTM 1.28b / Enterprise Value 24.92b)
FCF Margin = 66.00% (FCF TTM 1.28b / Revenue TTM 1.94b)
Net Margin = 24.00% (Net Income TTM 466.4m / Revenue TTM 1.94b)
Gross Margin = 68.20% ((Revenue TTM 1.94b - Cost of Revenue TTM 617.7m) / Revenue TTM)
Gross Margin QoQ = 24.47% (prev 68.67%)
Tobins Q-Ratio = 1.39 (Enterprise Value 24.92b / Total Assets 17.99b)
Interest Expense / Debt = 0.86% (Interest Expense 75.4m / Debt 8.72b)
Taxrate = 6.32% (31.9m / 504.8m)
NOPAT = 743.8m (EBIT 794.0m * (1 - 6.32%))
Current Ratio = 0.18 (Total Current Assets 155.3m / Total Current Liabilities 877.5m)
Debt / Equity = 1.07 (Debt 8.72b / totalStockholderEquity, last quarter 8.12b)
Debt / EBITDA = 6.46 (Net Debt 8.57b / EBITDA 1.33b)
Debt / FCF = 6.68 (Net Debt 8.57b / FCF TTM 1.28b)
Total Stockholder Equity = 8.21b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.63% (Net Income 466.4m / Total Assets 17.99b)
RoE = 5.68% (Net Income TTM 466.4m / Total Stockholder Equity 8.21b)
RoCE = 4.69% (EBIT 794.0m / Capital Employed (Equity 8.21b + L.T.Debt 8.72b))
RoIC = 4.46% (NOPAT 743.8m / Invested Capital 16.69b)
WACC = 4.73% (E(16.35b)/V(25.07b) * Re(6.82%) + D(8.72b)/V(25.07b) * Rd(0.86%) * (1-Tc(0.06)))
Discount Rate = 6.82% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: 100.0 | Cagr: 0.39%
[DCF] Terminal Value 86.33% ; FCFF base≈1.50b ; Y1≈1.50b ; Y5≈1.59b
[DCF] Fair Price = 172.3 (EV 47.37b - Net Debt 8.57b = Equity 38.80b / Shares 225.2m; r=5.90% [WACC]; 5y FCF grow -0.65% → 2.90% )
EPS Correlation: -25.80 | EPS CAGR: -5.24% | SUE: 0.0 | # QB: 0
Revenue Correlation: 59.46 | Revenue CAGR: 7.57% | SUE: 0.18 | # QB: 0
EPS next Quarter (2026-06-30): EPS=0.72 | Chg7d=+0.012 | Chg30d=+0.012 | Revisions Net=+1 | Analysts=1
EPS current Year (2026-12-31): EPS=2.87 | Chg7d=+0.036 | Chg30d=+0.036 | Revisions Net=+1 | Growth EPS=+11.1% | Growth Revenue=+5.7%
EPS next Year (2027-12-31): EPS=3.09 | Chg7d=+0.019 | Chg30d=+0.019 | Revisions Net=+1 | Growth EPS=+7.8% | Growth Revenue=+6.7%

Additional Sources for WPC Stock

Fund Manager Positions: Dataroma | Stockcircle