# W. P. Carey Inc.: overview

WPC · NYSE · CIK 1025378 · [Real estate](/sectors/real-estate.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/wpc.md) · [Financials](/companies/wpc/financials.md) · [Filings](/companies/wpc/filings.md) · [Insiders](/companies/wpc/insiders.md)

Latest reported revenue: [$461.1m](/filings/0001025378-26-000119.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Jul 29, 2026 (XBRL us-gaap:Revenues, accession 0001025378-26-000119).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [397](/filings/0001025378-25-000144.md) | [406 d](/filings/0001025378-26-000036.md) | [410](/filings/0001025378-26-000078.md) | [431](/filings/0001025378-26-000119.md) | [431](/filings/0001025378-25-000144.md) | [445 d](/filings/0001025378-26-000036.md) | [455](/filings/0001025378-26-000078.md) | [461](/filings/0001025378-26-000119.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | [28.1%](/filings/0001025378-25-000144.md) | [11.6% d](/filings/0001025378-26-000036.md) | [30.7%](/filings/0001025378-26-000078.md) | [11.9%](/filings/0001025378-26-000119.md) | [32.7%](/filings/0001025378-25-000144.md) | [33.4% d](/filings/0001025378-26-000036.md) | [38.8%](/filings/0001025378-26-000078.md) | [40.2%](/filings/0001025378-26-000119.md) |
| Diluted EPS | $ per share | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Free cash flow | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL not reported.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [1,332](/filings/0001025378-24-000037.md) | [1,479](/filings/0001025378-25-000031.md) | [1,741](/filings/0001025378-26-000036.md) | [1,583](/filings/0001025378-26-000036.md) | [1,716](/filings/0001025378-26-000036.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | [30.8%](/filings/0001025378-24-000037.md) | [40.5%](/filings/0001025378-25-000031.md) | [40.7%](/filings/0001025378-26-000036.md) | [29.1%](/filings/0001025378-26-000036.md) | [27.2%](/filings/0001025378-26-000036.md) |
| Diluted EPS | $ per share | not reported | not reported | not reported | not reported | not reported |
| Free cash flow | $m | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:Revenues.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:Revenues.
- Operating margin (operating income / revenue). XBRL Revenue: us-gaap:Revenues.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues.
- Diluted EPS. XBRL not reported.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/wpc/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $2.37bn | 33,172,035 |  | Added +3,062,946 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $1.38bn | 19,241,915 |  | Added +90,739 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $894.8m | 12,356,050 |  | Added +17,455 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $716.9m | 10,026,079 |  | Added +32,889 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $358.8m | 5,029,277 |  | Added +115,366 |
| [MASSACHUSETTS FINANCIAL SERVICES CO /MA/](/funds/912938.md) | 2026-06-30 | $325.2m | 4,467,099 |  | Added +276,166 |
| [Invesco Ltd.](/funds/914208.md) | 2026-06-30 | $324.3m | 4,535,606 |  | Added +43,785 |
| [NORTHERN TRUST CORP](/funds/73124.md) | 2026-06-30 | $243.4m | 3,404,655 |  | Added +745,115 |
| [DIMENSIONAL FUND ADVISORS LP](/funds/354204.md) | 2026-06-30 | $239.3m | 3,346,564 |  | Reduced −1,568 |
| [CHARLES SCHWAB INVESTMENT MANAGEMENT INC](/funds/884546.md) | 2026-06-30 | $233.2m | 3,262,016 |  | Added +215,790 |

## Recent filings

[All 1,367 filings](/companies/wpc/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-27 | 16:13 ET | [8-K](/filings/0001025378-26-000129.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001025378-26-000129 |
| 2026-09-10 | 07:34 ET | [8-K](/filings/0001025378-26-000121.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001025378-26-000121 |
| 2026-07-29 | 16:05 ET | [10-Q](/filings/0001025378-26-000119.md) | Quarterly report, period 2026-06-30 | 0001025378-26-000119 |
| 2026-07-28 | 16:08 ET | [8-K](/filings/0001025378-26-000114.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001025378-26-000114 |
| 2026-07-02 | 16:15 ET | [8-K](/filings/0001104659-26-080334.md) | 1.01 Entry into a material agreement; 9.01 Financial statements and exhibits | 0001104659-26-080334 |
| 2026-06-30 | 16:23 ET | [8-K](/filings/0001104659-26-079341.md) | 1.01 Entry into a material agreement; 8.01 Other events; 9.01 Financial statements and exhibits | 0001104659-26-079341 |
| 2026-06-17 | 07:02 ET | [8-K](/filings/0001025378-26-000091.md) | 7.01 Regulation FD disclosure; 8.01 Other events | 0001025378-26-000091 |
| 2026-06-12 | 16:12 ET | [8-K](/filings/0001025378-26-000087.md) | 5.07 Shareholder vote results; 9.01 Financial statements and exhibits | 0001025378-26-000087 |
| 2026-05-12 | 07:48 ET | [8-K](/filings/0001025378-26-000084.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001025378-26-000084 |
| 2026-04-29 | 16:04 ET | [10-Q](/filings/0001025378-26-000078.md) | Quarterly report, period 2026-03-31 | 0001025378-26-000078 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001025378-26-000036.md), filed Feb 11, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, locked when the 8-K was accepted. It is scored when the 10-Q or 10-K is ingested. [See the target](/leagues/2026q3/targets/cfaee3b7-b3c9-4d11-8bae-7c2655b2c5ac)

## About the filer

- CIK: 1025378
- Tickers: WPC
- Exchange: NYSE
- SIC code: 6798 Real Estate Investment Trusts
- State of incorporation: MD
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 27, 2026, 16:14 ET. No prices; not investment advice.