W. P. Carey (WPC) Gross Margin (2017 - 2023)
W. P. Carey (WPC) posted Gross Margin of 99.99% for Q4 2023, up 0.01 percentage points from 99.97% a year earlier and up 0.01 percentage points from the prior quarter.
W. P. Carey (WPC) Gross Margin (2017 - 2023) Analysis & Trends
For FY2023, W. P. Carey's Gross Margin came in at 99.98%, up 0.15 percentage points from FY2022.
- Annual Gross Margin has increased for seven consecutive years, with a five-year change of +2.45 percentage points (FY2018 to FY2023).
- In prior years, W. P. Carey's Gross Margin was 99.83% in FY2022 (+0.13 pp), 99.70% in FY2021 (+0.43 pp), 99.27% in FY2020 (+0.61 pp) and 98.66% in FY2019 (+1.13 pp).
- The Q4 2023 figure stands as the highest quarterly Gross Margin since Q4 2017.
- On a year-over-year basis, Gross Margin has increased in each of the last six quarters, with an average year-over-year change of +0.14 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q2 2019, with a gain of 1.50 percentage points; the weakest was Q2 2022, with a drop of 0.03 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 99.98% (Q3 2023), 99.97% (Q2 2023) and 99.98% (Q1 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 167.90 Bn | 150.42 Bn | 1.39 Bn | 39.34% |
| 2 | Prologis | 123.74 Bn | 128.13 Bn | - | - |
| 3 | Simon Property | 66.68 Bn | 67.94 Bn | - | - |
| 4 | Realty Income | 52.20 Bn | 54.59 Bn | - | - |
| 5 | Public Storage | 50.15 Bn | 49.24 Bn | - | - |
| 6 | Ventas | 44.59 Bn | 43.78 Bn | - | - |
| 7 | Extra Space Storage | 28.21 Bn | 28.21 Bn | 642.43 Mn | 73.49% |
| 8 | Vici Properties | 25.53 Bn | 23.65 Bn | 1.05 Bn | 99.30% |
| 9 | Vivmark Residential | 23.00 Bn | 23.19 Bn | - | - |
| 10 | W. P. Carey | 15.04 Bn | 15.05 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 99.99% |
| Sep 30, 2023 | 99.98% |
| Jun 30, 2023 | 99.97% |
| Mar 31, 2023 | 99.98% |
| Dec 31, 2022 | 99.97% |
| Sep 30, 2022 | 99.91% |
| Jun 30, 2022 | 99.67% |
| Mar 31, 2022 | 99.73% |
| Dec 31, 2021 | 99.74% |
| Sep 30, 2021 | 99.68% |
| Jun 30, 2021 | 99.70% |
| Mar 31, 2021 | 99.67% |
| Dec 31, 2020 | 99.63% |
| Sep 30, 2020 | 99.58% |
| Jun 30, 2020 | 99.17% |
| Mar 31, 2020 | 98.70% |
| Dec 31, 2019 | 98.69% |
| Sep 30, 2019 | 98.49% |
| Jun 30, 2019 | 98.75% |
| Mar 31, 2019 | 98.70% |
W. P. Carey Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=WPC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "WPC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=WPC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();