undamentalytics Newsletter
Sign in

W. P. Carey Inc. key statistics and ratios

In fiscal 2025, W. P. Carey Inc. had return on equity of 5.6% and a net margin of 27.2%. Each ratio below is calculated from the figures on its income statement, balance sheet and cash flow pages.

Financial ratios

US$ thousands unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2009Dec 20092010Dec 20102011Dec 20112012Dec 20122013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMSept 2026
Net margin30.2%28.4%44.9%17.6%20.2%26.4%18.4%28.4%32.7%46.5%24.8%37.7%30.8%40.5%40.7%29.1%27.2%35.6%
Return on equity11.0%11.8%21.3%4.7%5.1%8.5%4.8%8.0%8.5%8.2%4.4%6.6%5.7%7.2%8.0%5.4%5.6%7.7%
Return on assets6.3%6.5%10.6%2.0%2.1%3.6%2.0%3.1%3.3%3.7%2.2%3.2%2.7%3.6%3.9%2.6%2.6%3.6%
Effective tax rate—23.5%19.6%7.4%1.3%7.7%17.4%1.2%0.9%3.3%7.9%−4.7%6.5%4.4%5.9%6.4%6.3%5.3%
Dividends ÷ net income113.9%125.2%61.7%183.3%222.9%145.1%234.3%155.6%155.5%107.0%230.8%159.6%186.4%139.4%129.4%166.0%169.4%127.5%

Returns use average equity or assets over the year. Return on equity is left blank when equity is negative or so small that the ratio says nothing (above ±200%); interest cover is left blank above 200 times. Price-based ratios such as P/E are on the valuation page.

Moat

71 /100

Strong moat

How hard W. P. Carey's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 2 / 20

    Net income has been a median 3.1% of total assets over 10 years.

  • Pricing power 20 / 20

    Gross margin has been a median 99.5%, moving by 0.9 percentage points (standard deviation) across 6 years.

  • Durability 19 / 20

    Net margin has been a median 35.2%; its worst year was 21.8%.

  • Cash conversion 20 / 20

    Free cash flow was positive in 10 of 10 years, at a median 33.4% of revenue.

  • Discipline 10 / 20

    The diluted share count rose 25.2% over five years; stock-based pay has been a median 2.0% of revenue.

AI disruption exposure: Low. In this industry, the business rests on physical assets, regulated networks or products AI itself depends on.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Compare with peers

Head to head: JBGS vs WPCBNL vs WPCGNL vs WPC

More: Diversified REITs stocks compared, Real Estate sector, rankings of US companies

Figures from W. P. Carey Inc.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to W. P. Carey Inc.