What is the 13F Pro Quality Score for WPC?

13F Pro ranks W. P. Carey Inc. (WPC) on the 13F Pro Quality Score, a 0–100 composite of 32 fundamental signals including return on invested capital, free cash flow consistency, balance-sheet strength, earnings quality, growth durability, and valuation discipline. The score refreshes after each 10-K and 10-Q filing on SEC EDGAR. View WPC's current score at https://13fpro.ai/company/WPC (free sign-up required for the full ranking).

Which hedge funds own the most WPC stock?

Based on the most recent Form 13F-HR filings on SEC EDGAR, the largest reported institutional holders of WPC include BlackRock,, VANGUARD PORTFOLIO MANAGEMENT, STATE STREET. Holdings are reported quarterly within 45 days of quarter-end and updated on https://13fpro.ai/company/WPC as soon as new 13F filings post.

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.

What sector is WPC in?

W. P. Carey Inc. (WPC) is classified in the Real Estate sector. 13F Pro publishes sector-level fund flow analysis and quality leaders at https://13fpro.ai/research/sector/real-estate.

What drives WPC's revenue?

Per W. P. Carey Inc.'s latest 10-Q filed with the SEC on 2026-07-29, the biggest revenue drivers are: Lease revenues ($409.7M, +12% YoY); Income from finance leases and loans receivable ($27.2M, +34% YoY); Operating property revenues ($11.6M, -66% YoY). Figures are extracted from the filing text and machine-verified against the document. Full breakdown at https://13fpro.ai/company/WPC.

What are WPC's largest expenses?

W. P. Carey Inc.'s latest 10-Q reports these as the largest expense items: Depreciation and amortization ($134.4M, +11% YoY); General and administrative ($25.9M, +7% YoY); Property expenses, excluding reimbursable tenant costs ($15.2M, +12% YoY). Sourced directly from SEC EDGAR filing text for Q2 FY2026 (quarter ended June 30, 2026).

How often is WPC research updated on 13F Pro?

WPC's fundamentals refresh within hours of each new 10-K or 10-Q filing on SEC EDGAR. Institutional ownership updates after each quarterly 13F filing window. Insider transactions update after each Form 4 filing. The 13F Pro Quality Score recalculates after every fundamentals refresh.

W. P. Carey Inc.(WPC)Stock Analysis

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Why WPC Scores 66/100

exact factor attribution · 2026-08-29

WPC's composite is driven by free cash flow and profitability, held back by revenue growth. Bars show each factor's exact push vs. a median company, using the same weights the ranking engine applies.

Free cash flow

+6.5 pts

93th pct

Profitability

+6.0 pts

90th pct

Scale

+2.0 pts

63th pct

Institutional flow

+1.6 pts

81th pct

Earnings quality

+1.2 pts

62th pct

▲2

Capital efficiency

+1.1 pts

61th pct

Earnings growth

+0.5 pts

60th pct

Shareholder dilution

-0.6 pts

38th pct

Revenue growth

-2.3 pts

39th pct

Latest change (2026-07-29): 62 → 67 · ↑ Earnings growth 20→46

Factor percentiles are cross-sectional ranks across the ~2,800-stock scored universe, computed from SEC EDGAR filings. Not investment advice.

WPC Stock Analysis & AI Quality Score

Data updated 2026-08-29

AI stock analysis and institutional research for W. P. Carey Inc. (WPC), a Real Estate sector company. 13F Pro tracks WPC using direct SEC EDGAR data and AI-powered research tools. Based on the latest XBRL financial filings (Q2 2026), W. P. Carey Inc. reports quarterly revenue of $461.1M, net income of $185.4M, an operating margin of 43.1%. Top institutional holders of WPC by reported 13-F value include BlackRock, VANGUARD PORTFOLIO MANAGEMENT, STATE STREET, based on the most recent SEC filings. WPC trades on the NYSE exchange and files with the SEC under CIK 1025378. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate WPC daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for W. P. Carey Inc. directly from SEC EDGAR. W. P. Carey Inc.'s 13F Pro composite quality score has ranged between 60 and 77 since 2021, currently 65.9 — a declining long-term trajectory across 65 quarterly and live scoring snapshots.

✦

Fun facts about W. P. Carey Inc.

Quirks, history, and lore behind WPC — the kind of stuff that makes a stock memorable.

1
The Basics
U.S. real estate investment trust · large-cap · listed on the NYSE · focused on net lease commercial properties.
2
The Numbers
Owns a portfolio of roughly 1,400+ properties across more than 25 countries, making it one of the most geographically diversified REITs in the world.
3
The History
Founded in 1973, it spent decades as a private investment firm before eventually listing publicly — pioneering the idea of sale-leaseback deals for corporate real estate.
4
The Secret
Its tenants sign long-term net leases, meaning they pay taxes, insurance, and maintenance — the landlord just collects rent checks and watches the dividend grow.
5
The Lore
It converted from a non-traded REIT to a publicly traded REIT in 2012, and its heavy exposure to European commercial real estate sets it apart from almost every U.S. peer.
6
The Giveaway
Named after its founder William Polk Carey, this net-lease REIT trades under a three-letter ticker that is just his initials.

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

AI-extracted from W. P. Carey Inc.'s 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 →Share on X

Revenue

Q2 2026

$461.1M

Net Income

Q2 2026

$185.4M

Operating Margin

Q2 2026

43.1%

ROIC

Q2 2026

4.5%

D/E Ratio

Q2 2026

1.02

Period

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro

Revenue

+8.4% YoY

$1.72BFY 2025

FY22 $1.48BFY23 $1.74BFY24 $1.58BFY25 $1.72B

Net Income

+1.2% YoY

$466.4MFY 2025

FY22 $599.1MFY23 $708.3MFY24 $460.8MFY25 $466.4M

Total Assets

+2.6% YoY

$17.99BFY 2025

FY22 $18.10BFY23 $17.98BFY24 $17.54BFY25 $17.99B

Total Debt

+8.5% YoY

$8.72BFY 2025

FY22 $7.88BFY23 $8.14BFY24 $8.04BFY25 $8.72B

Op. Cash Flow

-30.0% YoY

$1.28BFY 2025

FY22 $1.00BFY23 $1.07BFY24 $1.83BFY25 $1.28B

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$1.72B +8.4%	$1.58B -9.1%	$1.74B +17.7%	$1.48B +11.1%	$1.33B +10.1%	$1.21B
Net Income	$466.4M +1.2%	$460.8M -34.9%	$708.3M +18.2%	$599.1M +46.1%	$410.0M -10.0%	$455.4M
Total Assets	$17.99B +2.6%	$17.54B -2.5%	$17.98B -0.7%	$18.10B +16.9%	$15.48B +5.3%	$14.71B
Total Debt	$8.72B +8.5%	$8.04B -1.3%	$8.14B +3.4%	$7.88B +16.0%	$6.79B +1.4%	$6.70B
Operating Cash Flow	$1.28B -30.0%	$1.83B +70.8%	$1.07B +7.0%	$1.00B +8.3%	$926.5M +15.6%	$801.5M

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Available Research

13F Pro tracks comprehensive data for W. P. Carey Inc. including:

SEC EDGAR filings (10-K, 10-Q, 8-K)

XBRL financial facts (revenue, EPS, margins)

Insider transactions (Form 4)

Institutional 13F holdings

Quality rankings (32 signals)

AI analyst debates & daily meetings

Historical financial trends

Peer comparison & sector analysis

Top Institutional Holders of WPC

BlackRock, Inc.
$2.4B33,172,035 sh
VANGUARD PORTFOLIO MANAGEMENT LLC
$1.4B19,241,915 sh
STATE STREET CORP
$894.8M12,356,050 sh
VANGUARD CAPITAL MANAGEMENT LLC
$716.9M10,026,079 sh
GEODE CAPITAL MANAGEMENT, LLC
$358.8M5,029,277 sh
MASSACHUSETTS FINANCIAL SERVICES CO /MA/
$325.2M4,467,099 sh
Invesco Ltd.
$324.3M4,535,606 sh
NORTHERN TRUST CORP
$243.4M3,404,655 sh
DIMENSIONAL FUND ADVISORS LP
$239.3M3,346,564 sh
CHARLES SCHWAB INVESTMENT MANAGEMENT INC
$233.2M3,262,016 sh

Fund	Value	Shares
BlackRock, Inc.	$2.4B	33,172,035
VANGUARD PORTFOLIO MANAGEMENT LLC	$1.4B	19,241,915
STATE STREET CORP	$894.8M	12,356,050
VANGUARD CAPITAL MANAGEMENT LLC	$716.9M	10,026,079
GEODE CAPITAL MANAGEMENT, LLC	$358.8M	5,029,277
MASSACHUSETTS FINANCIAL SERVICES CO /MA/	$325.2M	4,467,099
Invesco Ltd.	$324.3M	4,535,606
NORTHERN TRUST CORP	$243.4M	3,404,655
DIMENSIONAL FUND ADVISORS LP	$239.3M	3,346,564
CHARLES SCHWAB INVESTMENT MANAGEMENT INC	$233.2M	3,262,016

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Is WPC a good stock to buy?

13F Pro's AI-powered analysis of W. P. Carey Inc. (WPC) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Real Estate sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for WPC are available on the WPC stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing. WPC is classified as a large company.

Which hedge funds own WPC?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling WPC. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of W. P. Carey Inc.'s investment landscape.