W. P. Carey (WPC) Operating Margin (2017 - 2023)
W. P. Carey (WPC) posted Operating Margin of 31.38% for Q4 2023, down 10.28 percentage points from 41.66% a year earlier and down 11.40 percentage points from the prior quarter.
W. P. Carey (WPC) Operating Margin (2017 - 2023) Analysis & Trends
For FY2023, W. P. Carey's Operating Margin came in at 41.52%, up 0.30 percentage points from FY2022.
- Annual Operating Margin shows a five-year change of +3.43 percentage points (FY2018 to FY2023).
- In prior years, W. P. Carey's Operating Margin was 41.21% in FY2022 (-3.91 pp), 45.12% in FY2021 (+3.05 pp), 42.08% in FY2020 (+2.73 pp) and 39.35% in FY2019 (+1.26 pp).
- The Q4 2023 figure stands as the lowest quarterly Operating Margin since Q4 2018.
- On a year-over-year basis, Operating Margin increased in two of the last eight quarters, with an average year-over-year change of -1.89 percentage points.
- The strongest year-over-year quarter for Operating Margin in the past five years was Q4 2019, with a gain of 11.84 percentage points; the weakest was Q4 2023, with a drop of 10.28 percentage points.
- According to Business Quant data, Operating Margin for the three prior quarters was 42.77% (Q3 2023), 48.78% (Q2 2023) and 42.30% (Q1 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 167.95 Bn | 150.46 Bn | 1.39 Bn | -51.62% |
| 2 | Prologis | 123.54 Bn | 127.93 Bn | - | 51.59% |
| 3 | Simon Property | 66.76 Bn | 68.02 Bn | - | 49.72% |
| 4 | Realty Income | 52.37 Bn | 54.76 Bn | - | - |
| 5 | Public Storage | 50.03 Bn | 49.11 Bn | - | 37.85% |
| 6 | Ventas | 44.65 Bn | 43.84 Bn | - | - |
| 7 | Extra Space Storage | 27.81 Bn | 27.81 Bn | 642.43 Mn | 44.86% |
| 8 | Vici Properties | 25.53 Bn | 23.65 Bn | 1.05 Bn | 69.48% |
| 9 | Vivmark Residential | 23.01 Bn | 23.20 Bn | - | - |
| 10 | W. P. Carey | 15.00 Bn | 15.01 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 31.38% |
| Sep 30, 2023 | 42.77% |
| Jun 30, 2023 | 48.78% |
| Mar 31, 2023 | 42.30% |
| Dec 31, 2022 | 41.66% |
| Sep 30, 2022 | 35.57% |
| Jun 30, 2022 | 45.44% |
| Mar 31, 2022 | 42.73% |
| Dec 31, 2021 | 46.24% |
| Sep 30, 2021 | 41.96% |
| Jun 30, 2021 | 46.16% |
| Mar 31, 2021 | 46.03% |
| Dec 31, 2020 | 41.72% |
| Sep 30, 2020 | 45.93% |
| Jun 30, 2020 | 44.66% |
| Mar 31, 2020 | 36.24% |
| Dec 31, 2019 | 42.20% |
| Sep 30, 2019 | 36.10% |
| Jun 30, 2019 | 40.04% |
| Mar 31, 2019 | 39.13% |
W. P. Carey Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=WPC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "WPC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=WPC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();