W. P. Carey (WPC) Rent Expense (2011 - 2026)
W. P. Carey's (WPC) quarterly Rent Expense came in at $15.2 million in 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.
Analysis
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.
- On a quarterly basis, Rent Expense rose 11.62% year-over-year to $15.2 million in Q2 2026; TTM through Jun 2026 was $58.3 million, a 19.12% increase from a year earlier, with the FY2025 full-year figure at $53.8 million, up 8.35% from the prior year.
- Rent Expense was $15.2 million for Q2 2026 at W. P. Carey, up from $14.6 million in the prior quarter.
- Over five years, Rent Expense peaked at $15.2 million in Q2 2026 and troughed at $5.4 million in Q2 2023.
- A 5-year average of $12.7 million and a median of $13.2 million in 2023 frame the typical range for Rent Expense.
- Across the five-year window, Rent Expense plunged 54.68% in 2023 and surged 159.37% in 2024, its largest moves.
- Over 5 years, Rent Expense stood at $13.9 million in 2022, then fell by 4.27% to $13.3 million in 2023, then decreased by 5.32% to $12.6 million in 2024, then increased by 10.17% to $13.9 million in 2025, then increased by 9.72% to $15.2 million in 2026.
- The last three Rent Expense figures came in at $15.2 million (Q2 2026), $14.6 million (Q1 2026), and $13.9 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Realty Income | 56.12 Bn | 56.12 Bn | - | - |
| 2 | W. P. Carey | 15.79 Bn | 15.79 Bn | 441.59 Mn | 15.21 Mn |
| 3 | Agree Realty | 8.72 Bn | 8.71 Bn | - | 600,000.00 |
| 4 | Nnn Reit | 8.39 Bn | 8.39 Bn | - | 8.27 Mn |
| 5 | Essential Properties Realty Trust | 6.40 Bn | 6.40 Bn | - | - |
| 6 | Broadstone Net Lease | 3.95 Bn | 3.94 Bn | - | - |
| 7 | Four Corners Property Trust | 2.69 Bn | 2.69 Bn | 70.62 Mn | - |
| 8 | Getty Realty | 2.00 Bn | 2.00 Bn | 58.71 Mn | - |
| 9 | Netstreit | 1.95 Bn | 1.95 Bn | - | - |
| 10 | Global Net Lease | 1.92 Bn | 1.77 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.21 Mn |
| Mar 31, 2026 | 14.55 Mn |
| Dec 31, 2025 | 13.86 Mn |
| Sep 30, 2025 | 14.64 Mn |
| Jun 30, 2025 | 13.62 Mn |
| Mar 31, 2025 | 11.71 Mn |
| Dec 31, 2024 | 12.58 Mn |
| Sep 30, 2024 | 10.99 Mn |
| Jun 30, 2024 | 13.93 Mn |
| Mar 31, 2024 | 12.17 Mn |
| Dec 31, 2023 | 13.29 Mn |
| Sep 30, 2023 | 13.02 Mn |
| Jun 30, 2023 | 5.37 Mn |
| Mar 31, 2023 | 12.77 Mn |
| Dec 31, 2022 | 13.88 Mn |
| Sep 30, 2022 | 11.24 Mn |
| Jun 30, 2022 | 11.85 Mn |
| Mar 31, 2022 | 13.78 Mn |
| Dec 31, 2021 | 11.47 Mn |
| Sep 30, 2021 | 13.73 Mn |