W. P. Carey is recognized as a leading net lease Real Estate Investment Trust (REIT), boasting an enterprise value of approximately $18 billion. As of September 30, 2020, its extensive portfolio comprises 1,215 essential net lease properties, spanning an estimated 142 million square feet of commercial real estate. For nearly five decades, the company has strategically invested in high-quality, single-tenant industrial, warehouse, office, retail, and self-storage assets. These properties are secured by long-term net leases, which incorporate built-in rent increases. The portfolio's primary geographical footprint is in the United States, along with Northern and Western Europe, and it exhibits strong diversification across tenant profiles, property categories, locations, and the industries of its occupants.
Previous close
$63.37
+$0.24 · +0.38%
Regular session · ET · Market data may be delayed.
W. P. Carey is recognized as a leading net lease Real Estate Investment Trust (REIT), boasting an enterprise value of approximately $18 billion. As of September 30, 2020, its extensive portfolio comprises 1,215 essential net lease properties, spanning an estimated 142 million square feet of commercial real estate. For nearly five decades, the company has strategically invested in high-quality, single-tenant industrial, warehouse, office, retail, and self-storage assets. These properties are secured by long-term net leases, which incorporate built-in rent increases. The portfolio's primary geographical footprint is in the United States, along with Northern and Western Europe, and it exhibits strong diversification across tenant profiles, property categories, locations, and the industries of its occupants.
Day range
Current $63.37
52-week range
Current $63.37
Regular session · ET · Market data may be delayed.
GoAI Score
Buy
Valuation
74
Undervalued
Sentiment
70
Bullish
Risk
20
Low Risk
Momentum
46
Neutral
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Thesis, catalysts, evidence, and risk analysis.
W. P. Carey is recognized as a leading net lease Real Estate Investment Trust (REIT), boasting an enterprise value of approximately $18 billion. As of September 30, 2020, its extensive portfolio comprises 1,215 essential net lease properties, spanning an estimated 142 million square feet of commercial real estate. For nearly five decades, the company has strategically invested in high-quality, single-tenant industrial, warehouse, office, retail, and self-storage assets. These properties are secured by long-term net leases, which incorporate built-in rent increases. The portfolio's primary geographical footprint is in the United States, along with Northern and Western Europe, and it exhibits strong diversification across tenant profiles, property categories, locations, and the industries of its occupants.
Day range
Current $63.37
52-week range
Current $63.37
Profitability as a percentage of reported revenue.
Revenue
Operating income
Net income
| Metric (USD) | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | 1.72B USD | 1.58B USD | 1.74B USD | 1.47B USD | 1.26B USD |
| Cost of goods sold | 1.22B USD | 120.54M USD | 139.59M USD | 77.81M USD | 57.75M USD |
| Gross profit | 491.49M USD | 1.46B USD | 1.6B USD | 1.4B USD | 1.21B USD |
| Selling, general, and administrative | 100.67M USD | 139.86M USD | 130.9M USD | 124.31M USD | 106.77M USD |
| Operating expenses | −271.43M USD | 139.86M USD | 130.9M USD | 124.31M USD | 106.77M USD |
| Interest income | 97.29M USD | — | — | — | — |
| Interest expense | 291.18M USD | 277.37M USD | 291.85M USD | 219.16M USD | 196.83M USD |
| Depreciation and amortization | 537.65M USD | 531.58M USD | 628.12M USD | 562.99M USD | 547.63M USD |
| Operating income | 762.92M USD | 1.32B USD | 1.47B USD | 1.27B USD | 1.1B USD |
| Net income | 466.36M USD | 460.84M USD | 708.33M USD | 599.14M USD | 409.99M USD |
Company facts updated Oct 10, 2026.
Recent quarterly results
Recent quarterly results
Third-party consensus; not a GoAI recommendation.
Cash distributions grouped by calendar year; partial years are marked.
$3.62
2025 complete year-12.1% since 2021
2026 partial: $2.82
$4.1185
2,021
$4.1548
2,022
$4.001
2,023
$3.49
2,024
$3.62
2,025
$2.82
2,026*
* Partial calendar year in the available dividend history.
| Action | Ex-dividend date | Details | Record date | Payment date |
|---|---|---|---|---|
Dividend | Sep 30, 2026 | $0.95Quarterly | Sep 30, 2026 | Oct 15, 2026 |
Dividend | Jun 30, 2026 | $0.94Quarterly | Jun 30, 2026 | Jul 15, 2026 |
Dividend | Mar 31, 2026 | $0.93Quarterly | Mar 31, 2026 | Apr 15, 2026 |
Dividend | Dec 31, 2025 | $0.92Quarterly | Dec 31, 2025 | Jan 15, 2026 |
Dividend | Sep 30, 2025 | $0.91Quarterly | Sep 30, 2025 | Oct 15, 2025 |
Dividend | Jun 30, 2025 | $0.90Quarterly | Jun 30, 2025 | Jul 15, 2025 |
Ex-dividend Sep 30, 2026
$0.95
Quarterly
Record Sep 30, 2026 · Payment Oct 15, 2026
Ex-dividend Jun 30, 2026
$0.94
Quarterly
Record Jun 30, 2026 · Payment Jul 15, 2026
Ex-dividend Mar 31, 2026
$0.93
Quarterly
Record Mar 31, 2026 · Payment Apr 15, 2026
Ex-dividend Dec 31, 2025
$0.92
Quarterly
Record Dec 31, 2025 · Payment Jan 15, 2026
Ex-dividend Sep 30, 2025
$0.91
Quarterly
Record Sep 30, 2025 · Payment Oct 15, 2025
Ex-dividend Jun 30, 2025
$0.90
Quarterly
Record Jun 30, 2025 · Payment Jul 15, 2025
Funds reporting this stock among their holdings, ordered by reported position size.
Vanguard Real Estate ETFVNQ585.91M0.82%70.8B USD0.13%$90.65+1.45%
iShares Core S&P Mid-Cap ETFIJH515.79M0.42%122.71B USD0.05%$73.43+0.55%
Vanguard Morningstar Total Stock Market ETFVTI494.35M0.02%2.3T USD0.03%$381.94+0.63%
Vanguard Morningstar Small-Cap ETFVB358.48M0.19%185.3B USD0.03%$289.48+0.64%
Vanguard Morningstar Small-Cap Value ETFVBR227.7M0.33%68.2B USD0.05%$234.43+0.22%
Vanguard Extended Market ETFVXF180.82M0.19%95.4B USD0.05%$235+0.80%
Schwab U.S. REIT ETFSCHH116.82M1.09%10.6B USD0.07%$22.22+1.51%
State Street SPDR S&P MIDCAP 400 ETF TrustMDY106.62M0.42%25.58B USD0.23%$669.87+0.54%
Vanguard Real Estate ETFVNQ
iShares Core S&P Mid-Cap ETFIJH
Vanguard Morningstar Total Stock Market ETFVTI
Vanguard Morningstar Small-Cap ETFVB
Vanguard Morningstar Small-Cap Value ETFVBR
Vanguard Extended Market ETFVXF
Schwab U.S. REIT ETFSCHH
State Street SPDR S&P MIDCAP 400 ETF TrustMDYAI-generated and delayed market data for informational and educational purposes only. Not investment advice.