| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 454.51 | 10.9% |
| Total Income | 454.51 | 10.9% |
| Expenditure | 255.10 | 16.8% |
| PBT | 191.13 | 39.0% |
| Net Profit | 176.30 | 40.1% |
| OPM | — | |
| NPM | 38.79% | 8.09pp |
| EPS | — |
W. P. Carey Reports Q1 2026 Revenue of $454.5 Million, Net Income Up 40.1%
29 Apr 2026 · 29 Apr, 1:44 am
Summary
W. P. Carey Inc. delivered a robust performance in the first quarter of 2026, with consolidated revenues climbing 10.9% year-over-year to $454,509 thousand. Net income attributable to the company saw a significant increase of 40.1% to $176,302 thousand, resulting in diluted earnings per share of $0.80. Adjusted Funds From Operations (AFFO) also rose by 12.0% to $288,657 thousand, or $1.30 per diluted share. The company continued its investment activity with $585,348 thousand in new investments and maintained a high occupancy rate of 98.1% across its net-leased properties.
Key Highlights
- 1
W. P. Carey Inc. reported consolidated revenues of $454,509 thousand for the first quarter of 2026, representing a 10.9% increase compared to the same period last year.
- 2
Net income attributable to W. P. Carey surged by 40.1% year-over-year to $176,302 thousand in Q1 2026, resulting in $0.80 per diluted share.
- 3
Adjusted Funds From Operations (AFFO) attributable to W. P. Carey grew by 12.0% to $288,657 thousand, or $1.30 per diluted share, for the first quarter of 2026.
- 4
Funds From Operations (FFO) attributable to W. P. Carey increased by 36.7% to $299,887 thousand, or $1.35 per diluted share, in Q1 2026.
- 5
The company declared dividends of $0.930 per share for the current quarter.
- 6
Investment volume for the first quarter totaled $585,348 thousand, alongside dispositions of $162,566 thousand.
- 7
The real estate portfolio maintained a strong occupancy rate of 98.1% for net-leased properties, with a weighted-average lease term of 12.1 years.
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