W. P. Carey (WPC) Construction in Progress (2017 - 2021)
W. P. Carey (WPC) posted quarterly Construction in Progress of $82.8 million for Q1 2021, down 23.35% year-over-year from $108.0 million in Q1 2020, and down 30.68% quarter-over-quarter from $119.4 million in Q4 2020.
W. P. Carey (WPC) Construction in Progress (2017 - 2021) Analysis & Trends
W. P. Carey (WPC) has reported Construction in Progress for 5 consecutive years, with $82.8 million the latest figure, recorded in Q1 2021.
- In Q1 2021, Construction in Progress fell 23.35% year-over-year to $82.8 million; the TTM figure through Mar 2021 stood at $82.8 million (down 23.35% YoY), while the FY2020 annual figure was $119.4 million, up 71.53% from the prior year.
- Construction in Progress slipped to $82.8 million in Q1 2021 per WPC's latest filing, from $119.4 million in the prior quarter.
- Across five years, Construction in Progress topped out at $119.4 million in Q4 2020 and bottomed at $28.8 million in Q1 2019.
- Historically, Construction in Progress has averaged $73.6 million across 5 years, with a median of $69.6 million in 2019.
- Annual changes were most pronounced in 2020 — Construction in Progress surged 274.92% — and 2021, when it dropped 23.35%.
- W. P. Carey's Construction in Progress stood at $39.8 million in 2017, then jumped by 58.69% to $63.1 million in 2018, then increased by 10.28% to $69.6 million in 2019, then soared by 71.53% to $119.4 million in 2020, then sank by 30.68% to $82.8 million in 2021.
- Business Quant data shows WPC's Construction in Progress at $82.8 million in Q1 2021, $119.4 million in Q4 2020, and $94.8 million in Q3 2020.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Vici Properties | 29.04 Bn | 28.60 Bn | 1.05 Bn | 23.27 Mn |
| 2 | W. P. Carey | 16.30 Bn | 16.30 Bn | 441.59 Mn | - |
| 3 | Broadstone Net Lease | 4.04 Bn | 4.03 Bn | - | - |
| 4 | Global Net Lease | 1.92 Bn | 1.77 Bn | - | 406,000.00 |
| 5 | American Assets Trust | 1.39 Bn | 1.39 Bn | - | 88.16 Mn |
| 6 | Safehold | 1.10 Bn | -2.59 Bn | 113.88 Mn | - |
| 7 | Cim | 1.05 Bn | 2.41 Bn | - | - |
| 8 | Empire State Realty Trust | 821.84 Mn | 821.84 Mn | - | 8.19 Mn |
| 9 | CTO Realty Growth | 768.00 Mn | 768.00 Mn | 32.71 Mn | 8.50 Mn |
| 10 | JBG SMITH Properties | 721.56 Mn | 721.56 Mn | - | 111.28 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2021 | 82.77 Mn |
| Dec 31, 2020 | 119.39 Mn |
| Sep 30, 2020 | 94.82 Mn |
| Jun 30, 2020 | 64.80 Mn |
| Mar 31, 2020 | 107.98 Mn |
| Dec 31, 2019 | 69.60 Mn |
| Sep 30, 2019 | 87.93 Mn |
| Jun 30, 2019 | 50.44 Mn |
| Mar 31, 2019 | 28.80 Mn |
| Dec 31, 2018 | 63.11 Mn |
| Dec 31, 2017 | 39.77 Mn |