WPC is the ticker symbol for W. P. Carey Inc., a publicly traded Real Estate sector company listed on NYSE. 13F Pro tracks WPC with AI-powered analysis, an AI quality score, SEC EDGAR financials, insider transactions, and institutional 13F holdings — all sourced directly from public SEC filings.

Is WPC a good stock to buy?

13F Pro's AI ranking engine scores WPC at 65.3/100, ranked #33 of 148 stocks on a composite quality score built from its SEC filings, covering profitability, growth, balance sheet strength, and free cash flow. The full AI verdict and bull/bear case for WPC is available at https://13fpro.ai/company/WPC. Not investment advice — review the underlying SEC filings before making any trade.

Where does 13F Pro source WPC data?

All W. P. Carey Inc. fundamentals and ownership data come directly from SEC EDGAR. W. P. Carey Inc. files with the SEC under CIK 1025378. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

W. P. Carey Inc. WPC

NYSELarge CapReal Estate

REIT boardRanked among REITs, not on the main board. A REIT's earnings are dominated by depreciation on assets that typically appreciate, so net margin and return on assets understate it against an operating company.

13F Pro quality score

Rank #33 of 148TOP 25%

Why it scores 65 Real Estate peers →

Rankings refresh quarterly once 80% of peers have filed. Next update: ~Nov 14, 2026.

Revenue

$461.06M

Quarter to Jun 30

Net income

$185.39M

Quarter to Jun 30

Operating margin

43.1%

Quarter to Jun 30

What's Driving WPC's Business? Latest 10-Q Breakdown

AI-extracted from the 10-Q filed 2026-07-29 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.

W. P. Carey's Q2 2026 revenue rose to $461.1M (+7% YoY) and net income more than tripled to $185.4M, boosted by a one-time $49.9M equity-method gain on the Kesko Senukai sale even as real estate impairment charges jumped to $79.4M from $4.3M.

Biggest Revenue Drivers

Lease revenues$409.7M+12% YoY

Driven by recently acquired net-leased properties ($58.4M vs $8.6M) and rent escalations, partly offset by properties sold or held for sale

Income from finance leases and loans receivable$27.2M+34% YoY

Primarily higher income from sale-leaseback transactions accounted for as loans receivable ($19.7M vs $11.4M)

Biggest Revenue Drivers

Total revenue: $461.1M+7% YoY

Lease revenues$409.7M+12% YoY

Driven by recently acquired net-leased properties ($58.4M vs $8.6M) and rent escalations, partly offset by properties sold or held for sale

Income from finance leases and loans receivable$27.2M+34% YoY

Primarily higher income from sale-leaseback transactions accounted for as loans receivable ($19.7M vs $11.4M)

Operating property revenues$11.6M-66% YoY

Decline reflects disposal of self-storage operating properties, including the 11 remaining properties sold in the period

Other lease-related income$11.2M+16% YoY

Includes $7.1M of lease termination income and $3.6M of other lease-related settlements

Investment Management revenue$1.4M-41% YoY

Asset management revenue from NLOP is declining as its assets are sold, and CESH ceased paying fees after selling its last property

Largest Expense Items

Depreciation and amortization$134.4M+11% YoY

Accelerated D&A from lease amendments and demolition of properties for redevelopment, plus net investment activity

General and administrative$25.9M+7% YoY

Higher employee compensation expense

Property expenses, excluding reimbursable tenant costs$15.2M+12% YoY

Demolition costs at construction projects and expenses related to tenant vacancies

Margins: The filing does not discuss gross/operating margin directly, but notes AFFO rose to $305.4M (from $282.7M) on accretive net investment activity, partly offset by higher interest expense from debt refinancings and forward equity settlement costs.

Watch Items from the Filing

Real estate impairment charges jumped to $79.4M in Q2 2026 from $4.3M in Q2 2025, writing down ten properties to estimated selling prices.
NLOP's administrative reimbursement to W. P. Carey was cut from $4.0M to $2.0M annually effective July 1, 2026, shrinking a recurring fee stream.
A $49.9M proportionate-share gain from the Kesko Senukai jointly-owned investment's asset sale was a one-time driver of Q2 equity-method earnings and net income.
USD strengthening against the euro cut real estate carrying values by $139.4M and aggregate debt carrying values by $202.8M year-to-date, given roughly 39% of ABR is international.
Tenant concentration remains low: top tenant Extra Space Storage is only 2.6% of ABR, and the top ten tenants combined represent just 18.1%.

AI-extracted and verified against SEC EDGAR filing text. Not investment advice.

Read the full 10-Q on SEC EDGAR →