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Global Net Lease vs W. P. Carey

W. P. Carey is the larger business, with $1.72bn of revenue in fiscal 2025 against $495m for Global Net Lease (3.5 times as much). W. P. Carey grew faster (8.4% against -13.1%). W. P. Carey kept more of each dollar of sales as profit: a net margin of 27.2% against -54.4%.

Latest fiscal yearGlobal Net LeaseGNL, 2025W. P. CareyWPC, 2025
Revenue $495m $1.72bn
Revenue growth -13.1% 8.4%
Net income −$269m $466m
Operating margin 22.4% —
Net margin -54.4% 27.2%
Return on equity -14.0% 5.6%
Free cash flow $189m —
Cash $180m $155m
Total debt $1.26bn $8.72bn
Debt to equity 76.0% —
Dividend per share $0.84 $3.62
Dividend yield 11.3% 5.6%
Share buybacks $120m —
Employees 56 199
Market value $1.45bn $14.83bn
Price vs our value range — —
Moat score 56 (Moderate) 71 (Strong)
Insider trades, 12 months 0 buys, 0 sales 0 buys, 1 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.