W P Carey (NYSE: WPC) — Company Overview, News & Financial Data
W P Carey is a global REIT specializing in long-term net-lease agreements, focusing on properties across various sectors.
W P Carey
W P Carey is a real estate investment trust that specializes in net lease property investments across North America and Europe. Founded in 1973, the company focuses on acquiring single-tenant operationally critical commercial real estate assets, including industrial, warehouse, office, and retail properties. Through long-term sale-leasebacks, existing lease acquisitions, build-to-suits, and private equity financing solutions, the firm provides capital to corporate tenants while generating rental income. As a net lease REIT, W P Carey manages a global portfolio of commercial properties spanning multiple countries and property types, providing customized real estate capital solutions and ongoing facility support for its tenant partners.
Snapshot
Operations
Products and/or services of W P Carey
- Sale-Leasebacks: Acquisition of operationally critical commercial real estate directly from corporate owners in exchange for long-term triple-net leases, providing immediate capital to sellers while securing predictable, long-term rental revenue streams across industrial and commercial property sectors.
- Industrial and Logistics Properties: Long-term net-lease investments in single-tenant industrial facilities, manufacturing plants, and distribution warehouses across North America and Europe, representing the primary segment of real estate assets generating annualized base rental income.
- Build-to-Suits: Funding and development of custom-built commercial facilities tailored to tenant operational requirements, allowing corporate occupiers to enter into long-term leases upon completion without committing upfront equity or capital expenses.
- Existing Lease Acquisitions: Direct purchasing of single-tenant commercial real estate portfolios and individual properties with existing net leases, providing liquidity to developers, institutional owners, and private real estate investors across global markets.
- Private Equity Financing: Real estate capital solutions structured alongside private equity sponsor transactions, leveraging sale-leasebacks to support portfolio company buyouts, capital structure optimizations, and corporate growth plans across various industry sectors.
- Tenant Capital Solutions: Provision of ongoing facility funding, site expansion support, building renovations, and sustainability retrofits for existing corporate net-lease tenants, helping occupiers meet operational goals while enhancing long-term property performance.
W P Carey executive team
- Jason E. FoxCEO, President & Board Member
- Gino M SabatiniMD & Head of Investments
- Brooks G. GordonMD & Head of Asset Management
- Toni Ann SanzoneMD & CFO
- Jeremiah GregoryMD, Head of Strategy & Capital Markets
- Zachary PasanenMD & Co-Head of North American Investments
- Christopher A. MertlitzMD & Head of European Investments Europe
- Chris HayesManaging Director
- Peter BatesMD & Head of North American Asset Management
- Nicolas IshamManaging Director
Dividend history
Dividends per share paid by W P Carey, by financial year.
| Financial year | Interim | Final | Special | Total |
|---|---|---|---|---|
| FY2026(to date) | — | — | — | $2.8200 |
| FY2025 | — | — | — | $3.6200 |
| FY2024 | — | — | — | $3.4900 |
| FY2023 | — | — | — | $4.0010 |
| FY2022 | — | — | — | $4.1548 |
Key financials
Reported results for W P Carey, in USD.
- Market cap
- 14.9B
- Revenue (TTM)
- 1.8B
- P/E ratio
- 22.5
- EPS (diluted, TTM)
- 2.9
- Dividend yield
- 5.9%
- Profit margin
- 35.8%
| Fiscal year end | Revenue | Operating income | Net income |
|---|---|---|---|
| 1.7B | 762.9M | 466.4M | |
| 1.6B | 1.3B | 460.8M | |
| 1.7B | 1.5B | 708.3M | |
| 1.5B | 1.3B | 599.1M |