W. P. Carey (WPC) Operating Expenses (2009 - 2026)
W. P. Carey's (WPC) quarterly Operating Expenses came in at $297.5 million in Q2 2026, up 42.85% year-over-year from $208.3 million in Q2 2025, and up 16.64% quarter-over-quarter from $255.1 million in Q1 2026.
Analysis
W. P. Carey (WPC) Operating Expenses (2009 - 2026) Analysis & Trends
W. P. Carey (WPC) has reported Operating Expenses for 18 consecutive years, with $297.5 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses rose 42.85% year-over-year to $297.5 million in Q2 2026; TTM through Jun 2026 was $1.0 billion, a 23.73% increase from a year earlier, with the FY2025 full-year figure at $917.1 million, up 7.62% from the prior year.
- Operating Expenses was $297.5 million for Q2 2026 at W. P. Carey, up from $255.1 million in the prior quarter.
- Over five years, Operating Expenses peaked at $297.5 million in Q2 2026 and troughed at $186.8 million in Q2 2022.
- A 5-year average of $233.7 million and a median of $232.3 million in 2023 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses retreated 24.3% in 2024 and surged 42.85% in 2026, its largest moves.
- Over 5 years, Operating Expenses stood at $234.8 million in 2022, then rose by 20.52% to $283.0 million in 2023, then slipped by 21.59% to $221.9 million in 2024, then advanced by 19.5% to $265.1 million in 2025, then advanced by 12.21% to $297.5 million in 2026.
- The last three Operating Expenses figures came in at $297.5 million (Q2 2026), $255.1 million (Q1 2026), and $265.1 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Realty Income | 55.53 Bn | 55.53 Bn | - | 1.19 Bn |
| 2 | W. P. Carey | 15.73 Bn | 15.73 Bn | 441.59 Mn | 297.54 Mn |
| 3 | Agree Realty | 8.58 Bn | 8.57 Bn | - | 112.31 Mn |
| 4 | Nnn Reit | 8.34 Bn | 8.34 Bn | - | 102.00 Mn |
| 5 | Essential Properties Realty Trust | 6.30 Bn | 6.30 Bn | - | 62.12 Mn |
| 6 | Broadstone Net Lease | 3.91 Bn | 3.90 Bn | - | 70.36 Mn |
| 7 | Four Corners Property Trust | 2.64 Bn | 2.64 Bn | 70.62 Mn | 35.23 Mn |
| 8 | Getty Realty | 1.97 Bn | 1.97 Bn | 58.71 Mn | 7.30 Mn |
| 9 | Netstreit | 1.92 Bn | 1.92 Bn | - | 41.57 Mn |
| 10 | Global Net Lease | 1.92 Bn | 1.76 Bn | - | 80.99 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 297.54 Mn |
| 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 |