W. P. Carey (WPC) Rent Expense (2011 - 2026)

W. P. Carey (WPC) reported Rent Expense of $14.6 million for Q1 2026, up 24.31% year-over-year from $11.7 million in Q1 2025, and up 5.0% quarter-over-quarter from $13.9 million in Q4 2025.

W. P. Carey (WPC) Rent Expense (2011 - 2026) Analysis & Trends

W. P. Carey (WPC) has 16 years of Rent Expense data on file, last reported at $14.6 million in Q1 2026.

  • Rent Expense for Q1 2026 came in at $14.6 million, up 24.31% year-over-year; the trailing twelve-month figure through Mar 2026 was $56.7 million (up 15.16% YoY), and the FY2025 annual result was $53.8 million, up 8.35% from the prior year.
  • Rent Expense improved to $14.6 million in Q1 2026 per WPC's latest filing, from $13.9 million in the prior quarter.
  • Over five years, Rent Expense peaked at $14.6 million in Q3 2025 and troughed at $5.4 million in Q2 2023.
  • A 5-year average of $12.5 million and a median of $13.0 million in 2023 frame the typical range for Rent Expense.
  • The sharpest annual moves came in 2023 and 2024: Rent Expense tumbled 54.68% in 2023, then soared 159.37% in 2024.
  • A 5-year view of Rent Expense shows it stood at $13.9 million in 2022, then retreated by 4.27% to $13.3 million in 2023, then slipped by 5.32% to $12.6 million in 2024, then rose by 10.17% to $13.9 million in 2025, then rose by 5.0% to $14.6 million in 2026.
  • Business Quant data shows WPC's Rent Expense at $14.6 million in Q1 2026, $13.9 million in Q4 2025, and $14.6 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Rental Exp. (Qtr)
1 Vici Properties 29.26 Bn 28.78 Bn 1.01 Bn -
2 Broadstone Net Lease 3.95 Bn 4.05 Bn - -
3 American Assets Trust 1.46 Bn 1.40 Bn - -
4 Safehold 1.13 Bn 1.14 Bn 109.54 Mn -
5 Empire State Realty Trust 916.51 Mn 1.65 Bn - -
6 JBG SMITH Properties 880.19 Mn 1.38 Bn - -
7 CTO Realty Growth 672.82 Mn 672.82 Mn 31.01 Mn -
8 Gladstone Commercial 608.72 Mn 778.76 Mn - -
9 AH Realty Trust 540.92 Mn 723.25 Mn - -
10 W. P. Carey - - 434.82 Mn 14.55 Mn

Historic Data

Download Data
DateValue
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
Dec 31, 2023 13.29 Mn
Dec 31, 2023 13.29 Mn