OverviewSuggest Edit

W. P. Carey Inc. is a leading global net-lease REIT that provides long-term sale-leaseback and build-to-suit financing solutions for companies worldwide. In addition to its owned portfolio of diversified global real estate, W. P. Carey manages a series of non-traded publicly registered investment programs. Its corporate finance-focused credit and real estate underwriting process is a constant that has been successfully leveraged across a wide variety of industries and property types. Furthermore, its portfolio of long-term leases with creditworthy tenants has an established history of generating stable cash flows, enabling it to deliver consistent and rising dividend income to investors for over four decades.
TypePublic
Founded1973
HQNew York, US
Websitewpcarey.com
Employee Ratings3.6

Latest Updates

Employees (est.) (Dec 2019)204
Revenue (FY, 2019)$1.2 B(+40%)
Share Price (Mar 2020)$60.3

Key People/Management at W. P. Carey

Michael G. Medzigian

Michael G. Medzigian

Chief Executive Officer, President and Board Member
Jason E. Fox

Jason E. Fox

Chief Executive Officer Board Member, Chairman
John J. Park

John J. Park

President
Katherine G. Lugar

Katherine G. Lugar

Board Member
Richard J. Pinola

Richard J. Pinola

Chairman of the Audit Committee and Board Member
Toni Sanzone

Toni Sanzone

Managing Director Chief Financial Officer
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W. P. Carey Office Locations

W. P. Carey has offices in New York, Dallas, Shanghai, Amsterdam and in 1 other location
New York, US (HQ)
50 Rockefeller Plaza
Dallas, US
12221 Merit Dr #1030
New York, US
1450 Broadway
Shanghai, CN
Unit 101, Bldg. 18 No. 1168 Hong Qiao Road
Amsterdam, NL
Strawinskylaan 741 Tower C, 7th floor
London, GB
17 Duke of York St
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W. P. Carey Financials and Metrics

W. P. Carey Revenue

W. P. Carey's revenue was reported to be $1.23 b in FY, 2019
USD

Revenue (FY, 2019)

1.2b

Gross profit (FY, 2019)

1.2b

Gross profit margin (FY, 2019), %

98.7%

Net income (FY, 2019)

305.2m

Market capitalization (27-Mar-2020)

10.4b

Closing stock price (27-Mar-2020)

60.3

Cash (31-Dec-2019)

196.0m

EV

16.5b
W. P. Carey's current market capitalization is $10.4 b.
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

273.9m336.4m374.0m489.9m906.2m938.4m941.5m848.3m885.7m1.2b

Revenue growth, %

85%4%0%

Cost of goods sold

50.0m16.5m

Gross profit

835.7m1.2b
Quarterly
USDQ2, 2010Q3, 2010Q1, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

70.4m59.0m77.5m78.4m69.4m68.0m71.0m113.4m119.1m137.9m209.2m252.9m195.9m220.4m238.1m214.7m270.2m217.3m225.2m219.1m221.5m210.8m201.8m201.1m209.4m298.3m305.2m318.0m

Cost of goods sold

11.3m12.0m3.9m3.8m4.8m

Gross profit

189.9m197.4m294.5m301.4m313.2m

Gross profit Margin, %

94%94%99%99%98%
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

74.0m139.1m62.1m132.2m246.1m185.2m274.8m285.1m424.3m306.5m

Depreciation and Amortization

24.0m28.5m48.8m140.3m248.5m287.8m279.7m261.4m298.2m460.0m

Cash From Operating Activities

86.4m80.1m80.6m207.9m399.1m477.3m517.8m516.1m509.2m812.1m

Capital Expenditures

(1.0m)(553.0k)
Quarterly
USDY, 2019

EV/CFO

20.3 x

Revenue/Employee

6.0m

Financial Leverage

2 x
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W. P. Carey Online and Social Media Presence

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W. P. Carey News and Updates

ASU's W. P. Carey School Announces STEM-Designated MBA Program

TEMPE, Ariz., March 25, 2020 /PRNewswire/ -- The W. P. Carey School of Business at Arizona State University announces a significant enhancement to its highly ranked MBA program. This week, the W. P. Carey MBA has been designated by the U.S. Immigration and Customs Enforcement agency...

W. P. Carey Inc. Increases Quarterly Dividend to $1.04 per Share

NEW YORK, March 12, 2020 /PRNewswire/ -- W. P. Carey Inc. (NYSE: WPC) reported today that its Board of Directors increased its quarterly cash dividend to $1.04 per share, equivalent to an annualized dividend rate of $4.16 per share. The dividend is payable on April 15, 2020 to...

W. P. Carey Inc. Roundtable Discussion at the Citi 2020 Global Property CEO Conference

NEW YORK, Feb. 25, 2020 /PRNewswire/ -- W. P. Carey Inc. (NYSE: WPC), a leading net lease real estate investment trust, announced today that Jason Fox, Chief Executive Officer, is scheduled to participate in a roundtable discussion at the Citi 2020 Global Property CEO Conference. The...

W. P. Carey Inc. Announces Fourth Quarter and Full Year 2019 Financial Results

NEW YORK, Feb. 21, 2020 /PRNewswire/ -- W. P. Carey Inc. (NYSE: WPC) (W. P. Carey or the Company), a net lease real estate investment trust, today reported its financial results for the fourth quarter and full year ended December 31, 2019. Total Company Net income attributable to W. P....

W. P. Carey Foundation Commits $25 Million to Johns Hopkins Carey Business School

BALTIMORE, Feb. 20, 2020 /PRNewswire/ -- The W. P. Carey Foundation, whose generosity launched Johns Hopkins Carey Business School, has made a $25 million commitment to the school to recruit renowned faculty, enhance academic programs, and help launch student careers. The gift will be...

W. P. Carey Inc. to Release Fourth Quarter and Full Year 2019 Financial Results on Friday, February 21, 2020

NEW YORK, Feb. 7, 2020 /PRNewswire/ -- W. P. Carey Inc. (NYSE: WPC), a net lease real estate investment trust, announced today that it will release its financial results for the fourth quarter and full year ended December 31, 2019 before the market opens on Friday, February 21, 2020. The...
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W. P. Carey Frequently Asked Questions

  • When was W. P. Carey founded?

    W. P. Carey was founded in 1973.

  • Who are W. P. Carey key executives?

    W. P. Carey's key executives are Michael G. Medzigian, Jason E. Fox and John J. Park.

  • How many employees does W. P. Carey have?

    W. P. Carey has 204 employees.

  • What is W. P. Carey revenue?

    Latest W. P. Carey annual revenue is $1.2 b.

  • What is W. P. Carey revenue per employee?

    Latest W. P. Carey revenue per employee is $6 m.

  • Who are W. P. Carey competitors?

    Competitors of W. P. Carey include Colony NorthStar, iStar and Rock Star Real Estate.

  • Where is W. P. Carey headquarters?

    W. P. Carey headquarters is located at 50 Rockefeller Plaza, New York.

  • Where are W. P. Carey offices?

    W. P. Carey has offices in New York, Dallas, Shanghai, Amsterdam and in 1 other location.

  • How many offices does W. P. Carey have?

    W. P. Carey has 6 offices.