W. P. Carey Inc.
W. P. Carey Inc. (NYSE: WPC) is an internally-managed diversified real estate investment trust headquartered in New York with additional offices in Dallas, London, and Amsterdam. The company operates its website at wpcarey.com. From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What W. P. Carey Inc. does
In the company’s own words
W. P. Carey Inc. (NYSE: WPC) is an internally-managed diversified real estate investment trust headquartered in New York with additional offices in Dallas, London, and Amsterdam. The company operates its website at wpcarey.com.
Founded in 1973 and listed on the New York Stock Exchange in 1998, W. P. Carey reorganized as a REIT in 2012. The company specializes in owning and actively managing a diversified portfolio of commercial real estate subject to long-term net leases with built-in rent escalators. The vast majority of revenues originate from lease revenue provided by the real estate portfolio, which comprises primarily single-tenant industrial, warehouse, and retail facilities that are critical to tenants' operations.
As of December 31, 2025, the company's portfolio includes 1,682 net-leased properties, 11 self-storage operating properties, four operating hotels, and one student housing property, representing approximately 183 million square feet of net-leased space. The portfolio is net-leased to 371 tenants across 25 countries, with approximately 61 percent of contractual minimum annualized base rent generated by United States properties and 33 percent from European properties. The net-lease occupancy rate stands at approximately 98 percent.
The company's tenant base demonstrates significant diversification, with investment-grade tenants representing 15 percent of total annualized base rent and implied investment-grade tenants representing 7 percent. The weighted-average lease term is 12.0 years, with 99.7 percent of leases providing rent adjustments through consumer price index linkages, fixed increases, or other mechanisms.
W. P. Carey employs 199 people, with 145 located in the United States and 54 in Europe. The company focuses on sale-leaseback transactions where it acquires companies' critical real estate and leases it back on a long-term, triple-net basis requiring tenants to pay substantially all operating costs. In November 2023, the company completed a spin-off of 59 office properties into Net Lease Office Properties, a separate publicly-traded REIT that W. P. Carey externally manages. The company maintains ample liquidity through a $2.0 billion unsecured revolving credit facility and pursues a conservative capital structure while maintaining investment-grade ratings.
Company details
- Sector
- Real Estate
- Industry
- REITs
- Headquarters
- NEW YORK, NY
- Fiscal year end
- December
- CIK
- 1025378
- SIC
- 6798
Financial performance, year by year
Fiscal 2013–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns W. P. Carey Inc. — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · W. P. Carey Inc.’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
W. P. Carey Inc.’s bonds, as funds hold them
Funds report holding 11 issues of W. P. Carey Inc.’s debt, $587.01M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 3.61%, maturing 2026 to 2036.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
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