W. P. Carey (WPC) Operating Margin (2009 - 2026)
W. P. Carey's (WPC) quarterly Operating Margin came in at 39.54% in Q1 2026, down 298.0% year-on-year from 19.97% in Q1 2025, and up 9.84% on a QoQ basis from 36.0% in Q4 2025.
W. P. Carey (WPC) Operating Margin (2009 - 2026) Analysis & Trends
W. P. Carey (WPC) has 16 years of Operating Margin data on file, last reported at 39.54% in Q1 2026.
- On a quarterly basis, Operating Margin fell 298.0% year-over-year to 39.54% in Q1 2026; TTM through Mar 2026 was 41.8%, a 33.0% decrease from a year earlier, with the FY2025 full-year figure at 42.57%, down 6.0% from the prior year.
- Operating Margin for Q1 2026 stood at 39.54%, up from 36.0% in the prior quarter.
- Over the last five years, Operating Margin for WPC reached as high as 47.77% in Q3 2024 and fell as low as 24.0% in Q4 2022.
- Historically, Operating Margin has averaged 38.87% across 5 years, with a median of 39.54% in 2026.
- On a YoY basis, Operating Margin climbed as much as 1472 bps in 2024 and fell as far as 766 bps in 2024.
- Year by year, Operating Margin stood at 24.0% in 2022, then gained by 12 bps to 26.79% in 2023, then surged by 55 bps to 41.52% in 2024, then retreated by 13 bps to 36.0% in 2025, then advanced by 10 bps to 39.54% in 2026.
- Per Business Quant data, the three most recent Operating Margin figures were 39.54% in Q1 2026, 36.0% in Q4 2025, and 44.42% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vici Properties | 28.62 Bn | 28.14 Bn | 1.01 Bn | 97.80% |
| 2 | W. P. Carey | 16.93 Bn | 16.93 Bn | 434.82 Mn | 39.54% |
| 3 | Broadstone Net Lease | 4.27 Bn | 4.25 Bn | - | - |
| 4 | Global Net Lease | 1.90 Bn | 1.78 Bn | - | 21.10% |
| 5 | American Assets Trust | 1.47 Bn | 1.47 Bn | - | 21.09% |
| 6 | Safehold | 1.19 Bn | -2.44 Bn | 109.54 Mn | 23.05% |
| 7 | Empire State Realty Trust | 969.42 Mn | 969.42 Mn | - | 15.48% |
| 8 | Cim | 917.30 Mn | 735.54 Mn | - | - |
| 9 | JBG SMITH Properties | 858.04 Mn | 858.04 Mn | - | 47.74% |
| 10 | CTO Realty Growth | 716.07 Mn | 716.07 Mn | 31.01 Mn | 25.00% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 24.00% |
| Sep 30, 2022 | 30.74% |
| Jun 30, 2022 | 40.92% |
| Mar 31, 2022 | 38.13% |
| Dec 31, 2021 | 30.67% |
| Sep 30, 2021 | 37.65% |
| Jun 30, 2021 | 46.16% |