Overview Dividends

(WPC) W P Carey - Ratings and Ratios

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

Net Lease Properties, Self-Storage, Industrial, Warehouse, Retail

WPC EPS (Earnings per Share)

EPS (Earnings per Share) of WPC over the last years for every Quarter: "2020-09": 0.85, "2020-12": 0.76, "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,
EPS Growth (3Y CAGR): -13.64%
EPS Trend (3Y Correlation): -51.3%

WPC Revenue

Revenue of WPC over the last years for every Quarter: 2020-09: 301.298, 2020-12: 338.569, 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,
Revenue Growth (3Y CAGR): 19.69%
Revenue Trend (3Y Correlation): 38.0%
Risk via 10d forecast
Volatility 20.7%
Value at Risk 5%th 32.7%
Reward
Sharpe Ratio 1.10
Alpha Jensen 15.61
Character
Hurst Exponent 0.266
Beta 0.793
Drawdowns 3y
Max DD 35.88%
Mean DD 17.87%

Description: WPC W P Carey October 31, 2025

W. P. Carey (NYSE: WPC) is one of the largest net-lease REITs, owning roughly 1,600 single-tenant properties (≈178 million sq ft) plus 66 self-storage sites as of June 30 2025. The portfolio is geographically diversified across the United States and Europe and concentrates on industrial, warehouse, and retail assets that are operationally essential to tenants, each secured by long-term net leases with built-in rent escalations.

Key metrics from the most recent quarter (Q2 2025) show an adjusted FFO of $0.84 per share, a dividend yield near 5.7 %, and a net debt-to-FFO ratio of 5.2×, indicating moderate leverage relative to peers. Occupancy remains high at 96 % and lease expirations are staggered, reducing rollover risk. Sector-wide drivers include sustained e-commerce demand for logistics space, a historically low but potentially rising interest-rate environment that can pressure net-lease valuations, and European inflation trends that influence rent-escalation clauses.

For a deeper quantitative view, you may find ValueRay’s proprietary FFO growth model for WPC worth exploring.

WPC Stock Overview

Market Cap in USD 14,764m
Sub-Industry Diversified REITs
IPO / Inception 1998-01-21
Return 12m vs S&P 500 11.9%
Analyst Rating 3.0 of 5

WPC Dividends

Dividend Yield 5.35%
Yield on Cost 5y 7.23%
Yield CAGR 5y -3.86%
Payout Consistency 98.0%
Payout Ratio 134.7%

WPC Growth Ratios

CAGR 1.90%
CAGR/Max DD Calmar Ratio 0.05
CAGR/Mean DD Pain Ratio 0.11
Current Volume 1349k
Average Volume 1204.1k

Piotroski VR‑10 (Strict, 0-10) 3.5

Net Income (365.1m TTM) > 0 and > 6% of Revenue (6% = 114.1m TTM)
FCFTA 0.07 (>2.0%) and ΔFCFTA -3.11pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue 2.33% (prev 3.88%; Δ -1.55pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA 0.07 (>3.0%) and CFO 1.27b > Net Income 365.1m (YES >=105%, WARN >=100%)
Net Debt (8.55b) to EBITDA (1.29b) ratio: 6.63 <= 3.0 (WARN <= 3.5)
Current Ratio 1.22 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (221.1m) change vs 12m ago 0.31% (target <= -2.0% for YES)
Gross Margin 83.64% (prev 92.12%; Δ -8.47pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 10.68% (prev 9.00%; Δ 1.68pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio 2.71 (EBITDA TTM 1.29b / Interest Expense TTM 286.7m) >= 6 (WARN >= 3)

Altman Z'' -0.69

(A) 0.00 = (Total Current Assets 249.0m - Total Current Liabilities 204.7m) / Total Assets 17.99b
(B) -0.19 = Retained Earnings (Balance) -3.48b / Total Assets 17.99b
(C) 0.04 = EBIT TTM 777.3m / Avg Total Assets 17.81b
(D) -0.35 = Book Value of Equity -3.40b / Total Liabilities 9.81b
Total Rating: -0.69 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 57.00

1. Piotroski 3.50pt = -1.50
2. FCF Yield 5.47% = 2.73
3. FCF Margin 66.97% = 7.50
4. Debt/Equity 1.08 = 1.95
5. Debt/Ebitda 6.63 = -2.50
6. ROIC - WACC (= -1.46)% = -1.83
7. RoE 4.40% = 0.37
8. Rev. Trend 37.99% = 2.85
9. EPS Trend -51.35% = -2.57

What is the price of WPC shares?

As of November 12, 2025, the stock is trading at USD 67.89 with a total of 1,349,000 shares traded.
Over the past week, the price has changed by +2.99%, over one month by +0.53%, over three months by +4.89% and over the past year by +29.15%.

Is W P Carey a good stock to buy?

Neither. Based on ValueRay´s Fundamental Analyses, W P Carey is currently (November 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 57.00 and therefor a neutral outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of WPC is around 67.90 USD . This means that WPC is currently overvalued and has a potential downside of 0.01%.

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.
  • Strong Buy: 0
  • Buy: 3
  • Hold: 8
  • Sell: 3
  • Strong Sell: 0

What are the forecasts/targets for the WPC price?

Issuer Target Up/Down from current
Wallstreet Target Price 69.5 2.3%
Analysts Target Price 69.5 2.3%
ValueRay Target Price 74 8.9%

WPC Fundamental Data Overview November 11, 2025

Market Cap USD = 14.76b (14.76b USD * 1.0 USD.USD)
P/E Trailing = 40.8303
P/E Forward = 24.2131
P/S = 8.8391
P/B = 1.8251
Beta = 0.793
Revenue TTM = 1.90b USD
EBIT TTM = 777.3m USD
EBITDA TTM = 1.29b USD
Long Term Debt = 8.04b USD (from longTermDebt, last fiscal year)
Short Term Debt = 685.1m USD (from shortTermDebt, last fiscal year)
Debt = 8.80b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 8.55b USD (from netDebt column, last quarter)
Enterprise Value = 23.31b USD (14.76b + Debt 8.80b - CCE 249.0m)
Interest Coverage Ratio = 2.71 (Ebit TTM 777.3m / Interest Expense TTM 286.7m)
FCF Yield = 5.47% (FCF TTM 1.27b / Enterprise Value 23.31b)
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 = 1.30 (Enterprise Value 23.31b / Total Assets 17.99b)
Interest Expense / Debt = 0.86% (Interest Expense 75.2m / Debt 8.80b)
Taxrate = 5.67% (8.49m / 149.7m)
NOPAT = 733.2m (EBIT 777.3m * (1 - 5.67%))
Current Ratio = 1.22 (Total Current Assets 249.0m / Total Current Liabilities 204.7m)
Debt / Equity = 1.08 (Debt 8.80b / totalStockholderEquity, last quarter 8.16b)
Debt / EBITDA = 6.63 (Net Debt 8.55b / EBITDA 1.29b)
Debt / FCF = 6.71 (Net Debt 8.55b / FCF TTM 1.27b)
Total Stockholder Equity = 8.29b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.03% (Net Income 365.1m / Total Assets 17.99b)
RoE = 4.40% (Net Income TTM 365.1m / Total Stockholder Equity 8.29b)
RoCE = 4.76% (EBIT 777.3m / Capital Employed (Equity 8.29b + L.T.Debt 8.04b))
RoIC = 4.44% (NOPAT 733.2m / Invested Capital 16.52b)
WACC = 5.90% (E(14.76b)/V(23.56b) * Re(8.94%) + D(8.80b)/V(23.56b) * Rd(0.86%) * (1-Tc(0.06)))
Discount Rate = 8.94% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 0.37%
[DCF Debug] Terminal Value 75.56% ; FCFE base≈1.48b ; Y1≈1.53b ; Y5≈1.72b
Fair Price DCF = 117.5 (DCF Value 25.76b / Shares Outstanding 219.1m; 5y FCF grow 3.06% → 3.0% )
EPS Correlation: -51.35 | EPS CAGR: -13.64% | SUE: 0.31 | # QB: 0
Revenue Correlation: 37.99 | Revenue CAGR: 19.69% | SUE: 4.0 | # QB: 2

Additional Sources for WPC Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle