| Metric | Value ($ M) | Q2 FY25 | Q3 FY24 |
|---|---|---|---|
| Revenue | 431.30 | 0.1% | 8.5% |
| Total Income | 431.30 | 0.1% | 8.5% |
| Expenditure | 225.14 | 8.1% | 15.9% |
| PBT | 149.72 | 132.5% | 24.0% |
| Net Profit | 141.00 | 175.3% | 26.2% |
| OPM | — | ||
| NPM | 32.69% | 20.80pp | 4.58pp |
| EPS | — |
W. P. Carey Inc. Reports 3Q25 Portfolio and Balance Sheet Update
04 May 2026 · 4 May, 8:41 am
Summary
W. P. Carey Inc.'s 3Q25 presentation highlights a large and diversified net lease portfolio with $1.51 billion in annualized base rent. The portfolio consists of 1,662 properties and 373 tenants, with a WALT of 12.1 years and 97.0% occupancy. A significant portion of the leases includes contractual rent increases, with 50% linked to CPI. The company maintains an investment-grade balance sheet, with Net Debt / Adjusted EBITDA (annualized) at 5.9x.
Key Highlights
- 1
W. P. Carey's net lease portfolio includes 1,662 properties with 373 tenants.
- 2
The portfolio's annualized base rent (ABR) is $1.51 billion, with 66% from North America and 34% from Europe.
- 3
Contractual rent escalations are 50% CPI-linked and 47% fixed.
- 4
The weighted average lease term (WALT) is 12.1 years, and occupancy is 97.0%.
- 5
Investment grade tenants account for 21.9% of ABR.
- 6
The top 10 tenant concentration represents 18.6% of ABR.
- 7
Net Debt / Adjusted EBITDA (annualized) is 5.9x.
Informational and educational content only. Not investment advice.