W. P. Carey (WPC) Gross Margin (2009 - 2026)
W. P. Carey (WPC) reported Gross Margin of 95.67% for Q1 2026, down 16.0% year-over-year from 113.89% in Q1 2025, and little changed quarter-over-quarter from 95.64% in Q4 2025.
W. P. Carey (WPC) Gross Margin (2009 - 2026) Analysis & Trends
W. P. Carey (WPC) has 16 years of Gross Margin data on file, last reported at 95.67% in Q1 2026.
- Gross Margin for Q1 2026 came in at 95.67%, down 16.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 95.95% (down 30.0% YoY), and the FY2025 annual result was 96.0%, down 47.0% from the prior year.
- Gross Margin was little changed at 95.67% in Q1 2026 per WPC's latest filing, from 95.64% in the prior quarter.
- Over five years, Gross Margin peaked at 99.91% in Q3 2022 and troughed at 94.76% in Q4 2022.
- A 5-year average of 96.52% and a median of 95.89% in 2025 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2022 and 2023: Gross Margin soared 480 bps in 2022, then slumped 487 bps in 2023.
- A 5-year view of Gross Margin shows it stood at 94.76% in 2022, then advanced by 1 bps to 95.41% in 2023, then grew by 1 bps to 96.14% in 2024, then retreated by 1 bps to 95.64% in 2025, then grew by 0 bps to 95.67% in 2026.
- Business Quant data shows WPC's Gross Margin at 95.67% in Q1 2026, 95.64% in Q4 2025, and 96.62% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vici Properties | 29.90 Bn | 29.42 Bn | 1.01 Bn | 99.36% |
| 2 | Broadstone Net Lease | 4.01 Bn | 4.11 Bn | - | - |
| 3 | American Assets Trust | 1.48 Bn | 1.42 Bn | - | - |
| 4 | Safehold | 1.14 Bn | 1.15 Bn | 109.54 Mn | 98.82% |
| 5 | Empire State Realty Trust | 973.69 Mn | 1.70 Bn | - | - |
| 6 | JBG SMITH Properties | 887.28 Mn | 1.38 Bn | - | - |
| 7 | CTO Realty Growth | 676.07 Mn | 676.07 Mn | 31.01 Mn | 75.30% |
| 8 | Gladstone Commercial | 618.88 Mn | 788.92 Mn | - | - |
| 9 | AH Realty Trust | 547.30 Mn | 729.64 Mn | - | - |
| 10 | W. P. Carey | - | - | 434.82 Mn | 95.67% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 95.67% |
| Dec 31, 2025 | 95.64% |
| Sep 30, 2025 | 96.62% |
| Jun 30, 2025 | 95.89% |
| Mar 31, 2025 | 95.83% |
| Dec 31, 2024 | 96.14% |
| Sep 30, 2024 | 96.64% |
| Jun 30, 2024 | 96.41% |
| Mar 31, 2024 | 96.67% |
| Dec 31, 2023 | 95.41% |
| Sep 30, 2023 | 95.43% |
| Jun 30, 2023 | 95.47% |
| Mar 31, 2023 | 94.86% |
| Dec 31, 2022 | 94.76% |
| Sep 30, 2022 | 99.91% |
| Jun 30, 2022 | 99.67% |
| Mar 31, 2022 | 99.73% |
| Dec 31, 2021 | 95.61% |
| Sep 30, 2021 | 95.37% |
| Jun 30, 2021 | 95.28% |