W. P. Carey (WPC) Gross Margin (2009 - 2026)
W. P. Carey's (WPC) quarterly Gross Margin came in at 95.67% in Q1 2026, down 16.0% year-on-year from 113.89% in Q1 2025, and little changed on a QoQ basis 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.
- On a quarterly basis, Gross Margin fell 16.0% year-over-year to 95.67% in Q1 2026; TTM through Mar 2026 was 95.95%, a 30.0% decrease from a year earlier, with the FY2025 full-year figure at 96.0%, down 47.0% from the prior year.
- Gross Margin for Q1 2026 stood at 95.67%, roughly flat from 95.64% in the prior quarter.
- Over the last five years, Gross Margin for WPC reached as high as 96.67% in Q1 2024 and fell as low as 82.31% in Q4 2022.
- Historically, Gross Margin has averaged 94.96% across 5 years, with a median of 95.64% in 2025.
- Across the five-year window, Gross Margin sank 455 bps in 2022 and surged 1309 bps in 2023, its largest moves.
- Year by year, Gross Margin stood at 82.31% in 2022, then gained by 16 bps to 95.41% in 2023, then gained by 1 bps to 96.14% in 2024, then dropped by 1 bps to 95.64% in 2025, then gained by 0 bps to 95.67% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 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 | 28.62 Bn | 28.14 Bn | 1.01 Bn | 99.36% |
| 2 | W. P. Carey | 16.93 Bn | 16.93 Bn | 434.82 Mn | 95.67% |
| 3 | Broadstone Net Lease | 4.27 Bn | 4.25 Bn | - | - |
| 4 | Global Net Lease | 1.90 Bn | 1.78 Bn | - | - |
| 5 | American Assets Trust | 1.47 Bn | 1.47 Bn | - | - |
| 6 | Safehold | 1.19 Bn | -2.44 Bn | 109.54 Mn | 98.82% |
| 7 | Empire State Realty Trust | 969.42 Mn | 969.42 Mn | - | - |
| 8 | Cim | 917.30 Mn | 735.54 Mn | - | - |
| 9 | JBG SMITH Properties | 858.04 Mn | 858.04 Mn | - | - |
| 10 | CTO Realty Growth | 716.07 Mn | 716.07 Mn | 31.01 Mn | 75.30% |
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 | 82.31% |
| Sep 30, 2022 | 95.08% |
| Jun 30, 2022 | 95.15% |
| Mar 31, 2022 | 95.13% |
| Dec 31, 2021 | 84.16% |
| Sep 30, 2021 | 95.37% |
| Jun 30, 2021 | 99.70% |