Company Quick10K Filing
WP Carey
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 171 $13,963
10-K 2020-02-21 Annual: 2019-12-31
10-Q 2019-11-01 Quarter: 2019-09-30
10-Q 2019-08-02 Quarter: 2019-06-30
10-Q 2019-05-03 Quarter: 2019-03-31
10-K 2019-02-25 Annual: 2018-12-31
10-Q 2018-11-02 Quarter: 2018-09-30
10-Q 2018-08-03 Quarter: 2018-06-30
10-Q 2018-05-04 Quarter: 2018-03-31
10-K 2018-02-23 Annual: 2017-12-31
10-Q 2017-11-03 Quarter: 2017-09-30
10-Q 2017-08-04 Quarter: 2017-06-30
10-Q 2017-05-09 Quarter: 2017-03-31
10-K 2017-02-24 Annual: 2016-12-31
10-Q 2016-11-03 Quarter: 2016-09-30
10-Q 2016-08-04 Quarter: 2016-06-30
10-Q 2016-05-05 Quarter: 2016-03-31
10-K 2016-02-26 Annual: 2015-12-31
10-Q 2015-11-05 Quarter: 2015-09-30
10-Q 2015-08-07 Quarter: 2015-06-30
10-Q 2015-05-18 Quarter: 2015-03-31
10-K 2015-03-02 Annual: 2014-12-31
10-Q 2014-11-06 Quarter: 2014-09-30
10-Q 2014-08-07 Quarter: 2014-06-30
10-Q 2014-05-09 Quarter: 2014-03-31
10-K 2014-03-03 Annual: 2013-12-31
10-Q 2013-11-05 Quarter: 2013-09-30
10-Q 2013-08-06 Quarter: 2013-06-30
10-Q 2013-05-07 Quarter: 2013-03-31
10-K 2013-02-26 Annual: 2012-12-31
10-Q 2012-11-08 Quarter: 2012-09-30
10-Q 2012-08-07 Quarter: 2012-06-30
10-Q 2012-05-08 Quarter: 2012-03-31
10-Q 2011-11-08 Quarter: 2011-09-30
10-Q 2011-08-09 Quarter: 2011-06-30
10-Q 2011-05-10 Quarter: 2011-03-31
10-Q 2010-11-05 Quarter: 2010-09-30
10-Q 2010-08-06 Quarter: 2010-06-30
10-Q 2010-05-07 Quarter: 2010-03-31
10-K 2010-02-26 Annual: 2009-12-31
8-K 2020-02-21 Earnings, Regulation FD, Exhibits
8-K 2020-02-20 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2019-11-01 Earnings, Regulation FD, Exhibits
8-K 2019-09-19 Enter Agreement, Exhibits
8-K 2019-09-10 Enter Agreement, Other Events, Exhibits
8-K 2019-08-09 Enter Agreement, Exhibits
8-K 2019-08-02 Earnings, Regulation FD, Exhibits
8-K 2019-06-14 Shareholder Vote
8-K 2019-06-10 Enter Agreement, Other Events, Exhibits
8-K 2019-05-03 Earnings, Regulation FD, Exhibits
8-K 2019-02-27 Enter Agreement, Exhibits
8-K 2019-02-22 Earnings, Regulation FD, Exhibits
8-K 2018-12-06 Regulation FD, Exhibits
8-K 2018-11-16 Exhibits
8-K 2018-11-02 Earnings, Regulation FD, Exhibits
8-K 2018-10-31 Leave Agreement, M&A, Regulation FD, Exhibits
8-K 2018-10-29 Shareholder Vote, Regulation FD, Exhibits
8-K 2018-10-09 Enter Agreement, Exhibits
8-K 2018-10-02 Enter Agreement, Other Events, Exhibits
8-K 2018-10-01 Other Events, Exhibits, Other Events
8-K 2018-08-03 Earnings, Regulation FD, Exhibits
8-K 2018-06-20 Shareholder Vote
8-K 2018-06-17 Enter Agreement, Regulation FD, Exhibits
8-K 2018-05-04 Earnings, Regulation FD, Exhibits
8-K 2018-03-20 Officers, Exhibits
8-K 2018-02-27 Enter Agreement, Other Events, Exhibits
8-K 2018-02-23 Earnings, Regulation FD, Exhibits

WP Carey Financials

WPC Metrics, Comps, Filings

Annual | Quarterly

Business

W. P. Carey Inc. ("W. P. Carey"), together with our consolidated subsidiaries and predecessors, is an internally-managed diversified REIT and a leading owner of commercial real estate, net-leased to companies located primarily in the United States and Northern and Western Europe on a long-term basis. The vast majority of our revenues originate from lease revenue provided by our real estate portfolio, which is comprised primarily of single-tenant industrial, warehouse, office, and retail facilities that are critical to our tenants' operations. Our portfolio is comprised of 1,163 properties, net-leased to 304 tenants in 25 countries. As of December 31, 2018, approximately 63% of our contractual minimum annualized base rent ("ABR") was generated by properties located in the United States and approximately 35% was generated by properties located in Europe. In addition, our portfolio includes 48 operating properties, comprised of 46 self-storage properties and two hotels, substantially all of which we acquired in connection with the CPA:17 Merger, as described below.

We also earn fees and other income by managing the portfolios of certain non-traded investment programs through our investment management business. Founded in 1973, we originally operated as sponsor and advisor to a series of non-traded investment programs under the Corporate Property Associates ("CPA") brand name. We became a publicly traded company listed on the New York Stock Exchange ("NYSE") in 1998 and reorganized as a REIT in 2012. In June 2017, we exited non-traded retail fundraising activities and no longer sponsor new investment programs. On October 31, 2018, one of our former investment programs, Corporate Property Associates 17 - Global Incorporated ("CPA:17 - Global"), merged into one of our wholly-owned subsidiaries (the "CPA:17 Merger"), which added approximately $5.6 billion of assets to our portfolio and increased our equity market capitalization as of that date to approximately $10.6 billion.

Our shares of common stock are listed on the NYSE under the ticker symbol "WPC." Headquartered in New York, we also have offices in Dallas, London, and Amsterdam. At December 31, 2018, we had 206 employees.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Annual)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Alexandria Real Estate Equities (ARE) 16,176 0% 20.7 3% 15,480 7,125 1,366 0 392 1,049 21,727
HCP (HCP) 15,617 59% 12.2 7% 13,713 7,094 1,826 1,084 992 1,776 21,696
Extra Space Storage (EXR) 14,252 75% 16.2 6% 8,391 5,562 943 711 464 874 14,196
WP Carey (WPC) 13,963 97% 19.2 3% 14,192 7,201 1,086 1,051 412 1,034 19,878
Mid America Apartment (MAA) 13,556 0% 57.5 1% 11,275 4,990 407 0 64 235 13,498
Annaly Capital Management (NLY) 13,310 -5.9 -3% 131,801 116,093 0 0 -4,495 -2,005 11,832
Host Hotels & Resorts (HST) 13,227 0% 4.9 9% 12,525 4,910 5,624 0 1,160 2,457 11,917
UDR (UDR) 12,621 0% 37.1 2% 8,197 4,229 1,086 0 183 445 16,484
Vornado Realty Trust (VNO) 12,535 0% 3.4 18% 17,914 9,556 1,541 0 3,142 3,719 12,729
Duke Realty (DRE) 12,133 0% 23.1 3% 8,014 3,312 1,005 0 235 648 14,979
Regency Centers (REG) 11,683 0% 83.5 0% 10,947 4,594 560 0 53 183 15,325
Equity Lifestyle Properties (ELS) 11,481 0% 32.6 7% 4,014 2,707 1,008 0 279 349 11,390
Sun Communities (SUI) 11,237 45% 23.2 2% 7,222 3,542 1,197 536 143 483 11,191
Camden Property Trust (CPT) 10,322 0% 22.4 2% 6,622 2,933 489 0 162 566 12,644
Federal Realty Investment Trust (FRT) 10,090 0% 16.0 4% 6,384 3,738 928 0 265 624 9,950
Vici Properties (VICI) 10,008 98% 16.1 5% 12,522 4,450 893 876 584 802 12,923
AGNC Investment (AGNC) 9,214 7.0 -1% 106,576 96,230 0 0 -767 1,074 7,555
Vereit (VER) 8,938 0% 13.7 2% 13,782 6,430 627 0 319 1,046 14,364
National Retail Properties (NNN) 8,907 0% 15.4 4% 7,253 3,030 644 0 278 579 8,904
Iron Mountain (IRM) 8,878 43% 16.7 3% 13,721 12,063 4,243 1,813 349 1,038 17,309

Balance Sheet ($MM)2010-12-312011-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash650032155162206
Accounts Receivable
Inventory
PP&E54852,3534,8335,0114,8018,03313,493
Assets1,1721,4634,6798,6378,7558,4548,23114,183
Accounts Payable
Long-Term Debt2,0672502502504,2656,379
Liabilities4997392,4694,7415,1785,0284,8197,353
Stockholders' Equity6256831,9043,7513,4273,3023,1926,824
Income Statement ($MM)2010-12-312011-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Revenue274336217295243942848886
Cost of Revenue50
Gross Profit836
R&D
SG&A73948492103827168
Tax26341256219314
Net Income75139132246185275285424
Cash Flow ($MM)2010-12-312011-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash Operating8680208399477518516509
Cash Investing-38-126-6-640-645-270226-266
Cash Financing-211-211343153-243-743-24