W. P. Carey (WPC) Rent Expense (2011 - 2026)
W. P. Carey (WPC) posted quarterly Rent Expense of $15.2 million for Q2 2026, up 11.62% year-over-year from $13.6 million in Q2 2025, and up 4.49% quarter-over-quarter from $14.6 million in Q1 2026.
W. P. Carey (WPC) Rent Expense (2011 - 2026) Analysis & Trends
W. P. Carey (WPC) has reported Rent Expense for 16 consecutive years, with $15.2 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Rent Expense rose 11.62% year-over-year to $15.2 million; the TTM figure through Jun 2026 stood at $58.3 million (up 19.12% YoY), while the FY2025 annual figure was $53.8 million, up 8.35% from the prior year.
- Rent Expense climbed to $15.2 million in Q2 2026 per WPC's latest filing, from $14.6 million in the prior quarter.
- Across five years, Rent Expense topped out at $15.2 million in Q2 2026 and bottomed at $5.4 million in Q2 2023.
- Historically, Rent Expense has averaged $12.7 million across 5 years, with a median of $13.2 million in 2023.
- Annual changes were most pronounced in 2023 — Rent Expense tumbled 54.68% — and 2024, when it soared 159.37%.
- W. P. Carey's Rent Expense stood at $13.9 million in 2022, then decreased by 4.27% to $13.3 million in 2023, then dropped by 5.32% to $12.6 million in 2024, then gained by 10.17% to $13.9 million in 2025, then gained by 9.72% to $15.2 million in 2026.
- Business Quant data shows WPC's Rent Expense at $15.2 million in Q2 2026, $14.6 million in Q1 2026, and $13.9 million in Q4 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Vici Properties | 29.04 Bn | 28.60 Bn | 1.05 Bn | - |
| 2 | W. P. Carey | 16.30 Bn | 16.30 Bn | 441.59 Mn | 15.21 Mn |
| 3 | Broadstone Net Lease | 4.04 Bn | 4.03 Bn | - | - |
| 4 | Global Net Lease | 1.92 Bn | 1.77 Bn | - | - |
| 5 | American Assets Trust | 1.39 Bn | 1.39 Bn | - | - |
| 6 | Safehold | 1.10 Bn | -2.59 Bn | 113.88 Mn | - |
| 7 | Cim | 1.05 Bn | 2.41 Bn | - | - |
| 8 | Empire State Realty Trust | 821.84 Mn | 821.84 Mn | - | - |
| 9 | CTO Realty Growth | 768.00 Mn | 768.00 Mn | 32.71 Mn | - |
| 10 | JBG SMITH Properties | 721.56 Mn | 721.56 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 15.21 Mn |
| Jun 30, 2026 | 15.21 Mn |
| Mar 31, 2026 | 14.55 Mn |
| Mar 31, 2026 | 14.55 Mn |
| Dec 31, 2025 | 13.86 Mn |
| Dec 31, 2025 | 13.86 Mn |
| Sep 30, 2025 | 14.64 Mn |
| Sep 30, 2025 | 14.64 Mn |
| Jun 30, 2025 | 13.62 Mn |
| Jun 30, 2025 | 13.62 Mn |
| Mar 31, 2025 | 11.71 Mn |
| Mar 31, 2025 | 11.71 Mn |
| Dec 31, 2024 | 12.58 Mn |
| Dec 31, 2024 | 12.58 Mn |
| Sep 30, 2024 | 10.99 Mn |
| Sep 30, 2024 | 10.99 Mn |
| Jun 30, 2024 | 13.93 Mn |
| Jun 30, 2024 | 13.93 Mn |
| Mar 31, 2024 | 12.17 Mn |
| Mar 31, 2024 | 12.17 Mn |