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
DateValue
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%