W. P. Carey (WPC) Operating Expenses (2009 - 2026)

W. P. Carey (WPC) reported Operating Expenses of $255.1 million for Q1 2026, up 16.76% year-over-year from $218.5 million in Q1 2025, and down 3.79% quarter-over-quarter from $265.1 million in Q4 2025.

W. P. Carey (WPC) Operating Expenses (2009 - 2026) Analysis & Trends

W. P. Carey (WPC) has 18 years of Operating Expenses data on file, last reported at $255.1 million in Q1 2026.

  • Operating Expenses for Q1 2026 came in at $255.1 million, up 16.76% year-over-year; the trailing twelve-month figure through Mar 2026 was $953.7 million (up 9.92% YoY), and the FY2025 annual result was $917.1 million, up 7.62% from the prior year.
  • Operating Expenses fell to $255.1 million in Q1 2026 per WPC's latest filing, from $265.1 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $283.0 million in Q4 2023 and troughed at $186.8 million in Q2 2022.
  • A 5-year average of $230.0 million and a median of $231.7 million in 2023 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2022 and 2024: Operating Expenses soared 31.26% in 2022, then decreased 24.3% in 2024.
  • A 5-year view of Operating Expenses shows it stood at $234.8 million in 2022, then gained by 20.52% to $283.0 million in 2023, then dropped by 21.59% to $221.9 million in 2024, then climbed by 19.5% to $265.1 million in 2025, then retreated by 3.79% to $255.1 million in 2026.
  • Business Quant data shows WPC's Operating Expenses at $255.1 million in Q1 2026, $265.1 million in Q4 2025, and $225.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Vici Properties 29.26 Bn 28.78 Bn 1.01 Bn 16.94 Mn
2 Broadstone Net Lease 3.95 Bn 4.05 Bn - 58.06 Mn
3 American Assets Trust 1.46 Bn 1.40 Bn - 86.87 Mn
4 Safehold 1.13 Bn 1.14 Bn 109.54 Mn 85.31 Mn
5 Empire State Realty Trust 916.51 Mn 1.65 Bn - 47.74 Mn
6 JBG SMITH Properties 880.19 Mn 1.38 Bn - 135.70 Mn
7 CTO Realty Growth 672.82 Mn 672.82 Mn 31.01 Mn 5.08 Mn
8 Gladstone Commercial 608.72 Mn 778.76 Mn - 25.24 Mn
9 AH Realty Trust 540.92 Mn 723.25 Mn - 40.55 Mn
10 W. P. Carey - - 434.82 Mn 255.10 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 255.10 Mn
Dec 31, 2025 265.15 Mn
Sep 30, 2025 225.14 Mn
Jun 30, 2025 208.29 Mn
Mar 31, 2025 218.47 Mn
Dec 31, 2024 221.88 Mn
Sep 30, 2024 194.23 Mn
Jun 30, 2024 233.01 Mn
Mar 31, 2024 203.04 Mn
Dec 31, 2023 282.99 Mn
Sep 30, 2023 256.59 Mn
Jun 30, 2023 231.69 Mn
Mar 31, 2023 246.75 Mn
Dec 31, 2022 234.79 Mn
Sep 30, 2022 246.81 Mn
Jun 30, 2022 186.76 Mn
Mar 31, 2022 198.62 Mn
Dec 31, 2021 200.54 Mn
Sep 30, 2021 188.03 Mn
Jun 30, 2021 171.19 Mn