W. P. Carey (WPC) Operating Margin (2009 - 2026)
W. P. Carey (WPC) posted quarterly Operating Margin of 31.24% for Q2 2026, down 1629.0% year-over-year from 2.04% in Q2 2025, and down 20.98% quarter-over-quarter from 39.54% in Q1 2026.
W. P. Carey (WPC) Operating Margin (2009 - 2026) Analysis & Trends
W. P. Carey (WPC) has reported Operating Margin for 16 consecutive years, with 31.24% the latest figure, recorded in Q2 2026.
- In Q2 2026, Operating Margin fell 1629.0% year-over-year to 31.24%; the TTM figure through Jun 2026 stood at 37.7% (down 715.0% YoY), while the FY2025 annual figure was 42.57%, down 6.0% from the prior year.
- Operating Margin declined to 31.24% in Q2 2026 per WPC's latest filing, from 39.54% in the prior quarter.
- Across five years, Operating Margin topped out at 47.77% in Q3 2024 and bottomed at 26.79% in Q4 2023.
- Historically, Operating Margin has averaged 39.14% across 5 years, with a median of 38.88% in 2023.
- Annual changes were most pronounced in 2024 — Operating Margin soared 1472 bps — and 2026, when it tumbled 1629 bps.
- W. P. Carey's Operating Margin stood at 36.45% in 2022, then decreased by 26 bps to 26.79% in 2023, then soared by 55 bps to 41.52% in 2024, then declined by 13 bps to 36.0% in 2025, then slipped by 13 bps to 31.24% in 2026.
- Business Quant data shows WPC's Operating Margin at 31.24% in Q2 2026, 39.54% in Q1 2026, and 36.0% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vici Properties | 29.04 Bn | 28.60 Bn | 1.05 Bn | 69.48% |
| 2 | W. P. Carey | 16.30 Bn | 16.30 Bn | 441.59 Mn | 31.24% |
| 3 | Broadstone Net Lease | 4.04 Bn | 4.03 Bn | - | - |
| 4 | Global Net Lease | 1.92 Bn | 1.77 Bn | - | 48.66% |
| 5 | American Assets Trust | 1.39 Bn | 1.39 Bn | - | 24.02% |
| 6 | Safehold | 1.10 Bn | -2.59 Bn | 113.88 Mn | 24.65% |
| 7 | Cim | 1.05 Bn | 2.41 Bn | - | - |
| 8 | Empire State Realty Trust | 821.84 Mn | 821.84 Mn | - | -70.45% |
| 9 | CTO Realty Growth | 768.00 Mn | 768.00 Mn | 32.71 Mn | 30.23% |
| 10 | JBG SMITH Properties | 721.56 Mn | 721.56 Mn | - | 47.21% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 31.24% |
| Mar 31, 2026 | 39.54% |
| Dec 31, 2025 | 36.00% |
| Sep 30, 2025 | 44.42% |
| Jun 30, 2025 | 47.53% |
| Mar 31, 2025 | 42.52% |
| Dec 31, 2024 | 41.52% |
| Sep 30, 2024 | 47.77% |
| Jun 30, 2024 | 36.61% |
| Mar 31, 2024 | 44.58% |
| Dec 31, 2023 | 26.79% |
| Sep 30, 2023 | 38.23% |
| Jun 30, 2023 | 44.27% |
| Mar 31, 2023 | 37.18% |
| Dec 31, 2022 | 36.45% |
| Sep 30, 2022 | 30.74% |
| Jun 30, 2022 | 40.92% |
| Mar 31, 2022 | 38.13% |
| Dec 31, 2021 | 42.11% |
| Sep 30, 2021 | 37.65% |