W P Carey Inc
W. P. Carey Inc. ranks among the largest net lease REITs with a well-diversified portfolio of high-quality, operationally critical commercial real estate. It includes 1,682 net lease properties covering approximately 183 million square feet as of December 31, 2025. With offices in New York, London, Amsterdam and Dallas, the company remains focused on investing primarily in single-tenant, industri… Read more
W P Carey Inc (WPC) - Net Assets
Latest net assets as of December 2025: $8.13 Billion USD
Based on the latest financial reports, W P Carey Inc (WPC) has net assets worth $8.13 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($17.99 Billion) and total liabilities ($9.86 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $8.13 Billion |
| % of Total Assets | 45.21% |
| Annual Growth Rate | 12.5% |
| 5-Year Change | 7.26% |
| 10-Year Change | 137.48% |
| Growth Volatility | 46.38 |
W P Carey Inc - Net Assets Trend (1997–2025)
This chart illustrates how W P Carey Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for W P Carey Inc (1997–2025)
The table below shows the annual net assets of W P Carey Inc from 1997 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $8.13 Billion | -3.56% |
| 2024-12-31 | $8.43 Billion | -3.13% |
| 2023-12-31 | $8.71 Billion | -3.35% |
| 2022-12-31 | $9.01 Billion | +18.79% |
| 2021-12-31 | $7.58 Billion | +10.25% |
| 2020-12-31 | $6.88 Billion | -1.00% |
| 2019-12-31 | $6.95 Billion | +1.73% |
| 2018-12-31 | $6.83 Billion | +100.21% |
| 2017-12-31 | $3.41 Billion | -0.40% |
| 2016-12-31 | $3.43 Billion | -3.83% |
| 2015-12-31 | $3.56 Billion | -8.46% |
| 2014-12-31 | $3.89 Billion | +76.63% |
| 2013-12-31 | $2.20 Billion | -4.43% |
| 2012-12-31 | $2.30 Billion | +218.31% |
| 2011-12-31 | $724.10 Million | +7.59% |
| 2010-12-31 | $673.02 Million | +5.14% |
| 2009-12-31 | $640.10 Million | -1.24% |
| 2008-12-31 | $648.14 Million | +1.21% |
| 2007-12-31 | $640.36 Million | +0.10% |
| 2006-12-31 | $639.75 Million | +4.68% |
| 2005-12-31 | $611.16 Million | -1.66% |
| 2004-12-31 | $621.48 Million | +3.84% |
| 2003-12-31 | $598.49 Million | +4.29% |
| 2002-12-31 | $573.86 Million | +2.25% |
| 2001-12-31 | $561.25 Million | -0.43% |
| 2000-12-31 | $563.68 Million | +10.64% |
| 1999-12-31 | $509.46 Million | -0.22% |
| 1998-12-31 | $510.61 Million | +69.64% |
| 1997-12-31 | $301.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to W P Carey Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 353959200000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $219.00K | 0.00% |
| Other Comprehensive Income | $-173.11 Million | -2.13% |
| Other Components | $11.83 Billion | 145.73% |
| Total Equity | $8.12 Billion | 100.00% |
W P Carey Inc Competitors by Market Cap
The table below lists competitors of W P Carey Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hyundai Mobis Co.,Ltd
KO:012330
|
$15.58 Billion |
|
Singapore Airlines Ltd
PINK:SINGY
|
$15.61 Billion |
|
Domino’s Pizza Inc
NYSE:DPZ
|
$15.65 Billion |
|
Muyuan Foodstuff Co Ltd
SHE:002714
|
$15.65 Billion |
|
GDERF
OTCGREY:GDERF
|
$15.56 Billion |
|
Reliance Steel & Aluminum Co
NYSE:RS
|
$15.49 Billion |
|
Incyte Corporation
NASDAQ:INCY
|
$15.49 Billion |
|
Entegris Inc
NASDAQ:ENTG
|
$15.47 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in W P Carey Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 8,429,695,000 to 8,118,257,000, a change of -311,438,000 (-3.7%).
- Net income of 466,359,000 contributed positively to equity growth.
- Dividend payments of 790,032,000 reduced retained earnings.
- Share repurchases of 14,873,000 reduced equity.
- Other comprehensive income decreased equity by 1,378,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $466.36 Million | +5.74% |
| Dividends Paid | $790.03 Million | -9.73% |
| Share Repurchases | $14.87 Million | -0.18% |
| Other Comprehensive Income | $-1.38 Million | -0.02% |
| Other Changes | $28.49 Million | +0.35% |
| Total Change | $- | -3.69% |
Book Value vs Market Value Analysis
This analysis compares W P Carey Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.95x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 6.12x to 1.95x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-12-31 | $11.72 | $71.73 | x |
| 1998-12-31 | $20.68 | $71.73 | x |
| 1999-12-31 | $20.03 | $71.73 | x |
| 2000-12-31 | $18.78 | $71.73 | x |
| 2001-12-31 | $15.96 | $71.73 | x |
| 2002-12-31 | $15.78 | $71.73 | x |
| 2003-12-31 | $15.56 | $71.73 | x |
| 2004-12-31 | $15.92 | $71.73 | x |
| 2005-12-31 | $15.57 | $71.73 | x |
| 2006-12-31 | $16.17 | $71.73 | x |
| 2007-12-31 | $15.91 | $71.73 | x |
| 2008-12-31 | $16.11 | $71.73 | x |
| 2009-12-31 | $15.75 | $71.73 | x |
| 2010-12-31 | $15.62 | $71.73 | x |
| 2011-12-31 | $17.02 | $71.73 | x |
| 2012-12-31 | $41.33 | $71.73 | x |
| 2013-12-31 | $27.32 | $71.73 | x |
| 2014-12-31 | $37.67 | $71.73 | x |
| 2015-12-31 | $32.18 | $71.73 | x |
| 2016-12-31 | $30.84 | $71.73 | x |
| 2017-12-31 | $29.55 | $71.73 | x |
| 2018-12-31 | $57.98 | $71.73 | x |
| 2019-12-31 | $40.53 | $71.73 | x |
| 2020-12-31 | $39.33 | $71.73 | x |
| 2021-12-31 | $41.40 | $71.73 | x |
| 2022-12-31 | $44.87 | $71.73 | x |
| 2023-12-31 | $40.32 | $71.73 | x |
| 2024-12-31 | $38.23 | $71.73 | x |
| 2025-12-31 | $36.72 | $71.73 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently W P Carey Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 5.74%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 27.17%
- • Asset Turnover: 0.10x
- • Equity Multiplier: 2.22x
- Recent ROE (5.74%) is below the historical average (8.14%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 13.48% | 40.60% | 0.19x | 1.74x | $10.46 Million |
| 1998 | 7.48% | 43.37% | 0.11x | 1.59x | $-12.96 Million |
| 1999 | 6.64% | 37.46% | 0.11x | 1.68x | $-17.22 Million |
| 2000 | -1.65% | -9.14% | 0.11x | 1.61x | $-65.49 Million |
| 2001 | 6.39% | 31.10% | 0.13x | 1.64x | $-20.21 Million |
| 2002 | 8.14% | 30.57% | 0.17x | 1.56x | $-10.65 Million |
| 2003 | 10.54% | 37.91% | 0.18x | 1.52x | $3.21 Million |
| 2004 | 10.62% | 28.73% | 0.23x | 1.63x | $3.83 Million |
| 2005 | 8.00% | 29.77% | 0.17x | 1.62x | $-12.14 Million |
| 2006 | 13.66% | 32.26% | 0.24x | 1.73x | $23.10 Million |
| 2007 | 12.49% | 30.12% | 0.23x | 1.82x | $15.82 Million |
| 2008 | 12.04% | 33.25% | 0.21x | 1.71x | $13.23 Million |
| 2009 | 11.03% | 29.71% | 0.21x | 1.75x | $6.46 Million |
| 2010 | 11.84% | 28.38% | 0.22x | 1.88x | $11.47 Million |
| 2011 | 20.38% | 44.91% | 0.21x | 2.14x | $70.82 Million |
| 2012 | 3.13% | 18.78% | 0.07x | 2.32x | $-136.58 Million |
| 2013 | 5.19% | 20.03% | 0.11x | 2.46x | $-91.57 Million |
| 2014 | 6.32% | 29.30% | 0.09x | 2.30x | $-137.85 Million |
| 2015 | 5.03% | 18.81% | 0.10x | 2.55x | $-170.47 Million |
| 2016 | 8.11% | 29.46% | 0.11x | 2.56x | $-62.42 Million |
| 2017 | 8.69% | 32.22% | 0.10x | 2.58x | $-41.94 Million |
| 2018 | 6.03% | 44.57% | 0.07x | 2.08x | $-270.86 Million |
| 2019 | 4.40% | 25.18% | 0.09x | 2.03x | $-388.95 Million |
| 2020 | 6.62% | 38.89% | 0.08x | 2.14x | $-232.31 Million |
| 2021 | 5.41% | 32.46% | 0.08x | 2.04x | $-348.19 Million |
| 2022 | 6.66% | 40.67% | 0.08x | 2.01x | $-300.23 Million |
| 2023 | 8.14% | 40.79% | 0.10x | 2.07x | $-161.71 Million |
| 2024 | 5.47% | 29.23% | 0.09x | 2.08x | $-382.13 Million |
| 2025 | 5.74% | 27.17% | 0.10x | 2.22x | $-345.47 Million |
Industry Comparison
This section compares W P Carey Inc's net assets metrics with peer companies in the REIT - Diversified industry.
Industry Context
- Industry: REIT - Diversified
- Average net assets among peers: $1,958,368,717
- Average return on equity (ROE) among peers: 7.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| W P Carey Inc (WPC) | $8.13 Billion | 13.48% | 1.21x | $15.57 Billion |
| American Assets Trust Inc (AAT) | $189.17 Million | -3.71% | 4.13x | $999.59 Million |
| Armada Hflr Pr (AHH) | $-41.34 Million | 0.00% | 0.00x | $432.17 Million |
| Armada Hoffler Properties, Inc. (AHRT-PA) | $829.19 Million | 0.68% | 2.13x | $1.74 Billion |
| Precinct Properties New Zealand Limited (AOTUF) | $618.88 Million | 25.23% | 0.64x | $1.05 Billion |
| Artis REIT (ARESF) | $1.25 Billion | 25.30% | 1.49x | $228.58 Million |
| Ascott Residence Trust (ATTRF) | $4.54 Billion | 7.22% | 0.97x | $1.70 Billion |
| Broadstone Net Lease Inc (BNL) | $998.54 Million | 3.64% | 0.95x | $3.72 Billion |
| British Land Company Plc (BRLAF) | $5.69 Billion | 4.99% | 0.45x | $5.24 Billion |
| Icade SA (CDMGF) | $4.58 Billion | 2.77% | 1.24x | $700.47 Million |
| Charter Hall Long WALE REIT (CHLWF) | $940.37 Million | 8.86% | 0.48x | $1.19 Billion |