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WPC| Name | Value |
|---|---|
| Revenues | 452.6M |
| Cost of Revenue | 52.9M |
| Gross Profit | 399.6M |
| Operating Expense | 177.3M |
| Operating I/L | 4.5M |
| Other Income/Expense | -67.8M |
| Interest Income | 0.8M |
| Pretax | 154.7M |
| Income Tax Expense | 10.1M |
| Net Income/Loss | 144.6M |
W. P. Carey is a leading net lease REIT with an enterprise value of $18 billion and a diverse portfolio of operationally-critical commercial real estate. The company's 1,215 net lease properties, covering 142 million square feet, are primarily single-tenant industrial, warehouse, office, retail, and self-storage properties subject to long-term net leases with built-in rent escalators. With a focus on the U.S., Northern, and Western Europe, the portfolio is well-diversified by tenant, property type, geographic location, and tenant industry, providing a stable income stream from rental payments.
