W. P. Carey (WPC) Operating Expenses (2009 - 2026)
W. P. Carey (WPC) posted quarterly Operating Expenses of $297.5 million for 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.
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.
- In Q2 2026, Operating Expenses rose 42.85% year-over-year to $297.5 million; the TTM figure through Jun 2026 stood at $1.0 billion (up 23.73% YoY), while the FY2025 annual figure was $917.1 million, up 7.62% from the prior year.
- Operating Expenses improved to $297.5 million in Q2 2026 per WPC's latest filing, from $255.1 million in the prior quarter.
- Across five years, Operating Expenses topped out at $297.5 million in Q2 2026 and bottomed at $186.8 million in Q2 2022.
- Historically, Operating Expenses has averaged $233.7 million across 5 years, with a median of $232.3 million in 2023.
- Annual changes were most pronounced in 2024 — Operating Expenses decreased 24.3% — and 2026, when it soared 42.85%.
- W. P. Carey's Operating Expenses stood at $234.8 million in 2022, then advanced by 20.52% to $283.0 million in 2023, then declined by 21.59% to $221.9 million in 2024, then grew by 19.5% to $265.1 million in 2025, then grew by 12.21% to $297.5 million in 2026.
- Business Quant data shows WPC's Operating Expenses at $297.5 million in Q2 2026, $255.1 million in Q1 2026, and $265.1 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Vici Properties | 29.04 Bn | 28.60 Bn | 1.05 Bn | 315.61 Mn |
| 2 | W. P. Carey | 16.30 Bn | 16.30 Bn | 441.59 Mn | 297.54 Mn |
| 3 | Broadstone Net Lease | 4.04 Bn | 4.03 Bn | - | 70.36 Mn |
| 4 | Global Net Lease | 1.92 Bn | 1.77 Bn | - | 80.99 Mn |
| 5 | American Assets Trust | 1.39 Bn | 1.39 Bn | - | 83.18 Mn |
| 6 | Safehold | 1.10 Bn | -2.59 Bn | 113.88 Mn | 86.39 Mn |
| 7 | Cim | 1.05 Bn | 2.41 Bn | - | 85.94 Mn |
| 8 | Empire State Realty Trust | 821.84 Mn | 821.84 Mn | - | 335.61 Mn |
| 9 | CTO Realty Growth | 768.00 Mn | 768.00 Mn | 32.71 Mn | 32.69 Mn |
| 10 | JBG SMITH Properties | 721.56 Mn | 721.56 Mn | - | 125.52 Mn |
Historic Data
Download 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 |