W. P. Carey Inc.WPC
What W. P. Carey Inc. does.
W. P. Carey Inc. (“W. P. Carey” or the “Company”) is an internally-managed diversified REIT that, together with our consolidated subsidiaries and predecessors, is a leading owner of commercial real estate, net-leased to companies located primarily in the United States and Europe on a long-term basis. The vast majority of our revenues originate from lease revenue provided by our real estate portfolio, which is comprised primarily of single-tenant industrial, warehouse, and retail facilities that are critical to our tenants’ operations. Our portfolio is comprised of 1,682 properties, net-leased to 371 tenants in 25 countries. As of December 31, 2025, approximately 61% of our contractual minimum annualized base rent (“ABR”) was generated by properties located in the United States and approximately 33% was generated by properties located in Europe. As of that same date, our portfolio included 16 operating properties, comprised of 11 self-storage properties, four hotels, and one student housing property. During the year ended December 31, 2025, we sold 63 self-storage operating properties.
In September 2023, we announced a plan to exit the office assets within our portfolio by (i) spinning-off 59 office properties into Net Lease Office Properties, a Maryland real estate investment trust (“NLOP”), so that it became a separate publicly-traded REIT (the “Spin-Off”), and (ii) implementing an asset sale program to dispose of certain office properties retained by us (the “Office Sale Program”), which was completed in 2024 ( Note 1 ).
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $1.2B | $1.3B | $1.5B | $1.7B | $1.6B | $1.7B |
| Net income | $455.4M | $410.0M | $599.1M | $708.3M | $460.8M | $466.4M |
More on WPC.
- W. P. Carey Inc. summary
- W. P. Carey Inc. financial statements
- W. P. Carey Inc. key metrics
- W. P. Carey Inc. health scores and style box
- W. P. Carey Inc. earnings
- W. P. Carey Inc. dividends
- W. P. Carey Inc. valuation
- W. P. Carey Inc. ownership and insiders
- W. P. Carey Inc. peers
Figures from W. P. Carey Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.