WPC
Fallen FavouriteW. P. Carey Inc. · Real Estate · United States · $14.6B cap · $111.0M/day traded
$64.84 -0.8% · close 11 Nov · scored 12 Nov
Fallen Favourite: A good business, still expensive, and its momentum is weak.
As of 12 Nov 2026, the MoatMap Score for W. P. Carey Inc. (WPC) is 48/100, ranked against 25,000+ stocks in 38 markets (Quality 60, Value 39, Momentum 44, each scored against its sector).
Does the score work? Each tenth of the ranking, tracked monthly. See the record →
ABOUT W. P. CAREY INC.
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W. P. Carey Inc. is a leading net lease REIT specializing in the acquisition and management of single-tenant commercial properties subject to long-term leases with built-in rent escalators. Its competitive moat is its diversified portfolio across property types and geographies, active investment management, and expertise in sale-leaseback transactions. W. P. Carey is a prominent player in the net lease sector, known for its focus on mission-critical assets and providing stable, predictable income.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.5B | 1.7B | 1.6B | 1.7B | 5.1% | 1.9B | 1.9B | 2.0B | 7.6% |
| EPS | 3.00 | 3.29 | 2.09 | 2.11 | -11.1% | 2.88 | 2.69 | 2.58 | 10.5% |
| Shares | 210.6M | 218.7M | 218.8M | 219.1M | +4.0% | 230.1M | — | — | — |
| Debt | 7.9B | 8.1B | 8.0B | 8.7B | 3.5% | 8.8B | — | — | — |
| Equity | 9.0B | 8.7B | 8.4B | 8.1B | -3.4% | — | — | — | — |
| Op CF | 1.0B | 1.1B | 1.8B | 1.3B | 8.5% | 1.2B | — | — | — |
| Inv CF | -1.1B | -905.9M | -1.1B | -960.1M | — | — | — | — | — |
| Fin CF | 57.9M | 292.6M | -688.5M | -761.7M | — | — | — | — | — |
No clear trend: not near its 52-week low, and not in a steady uptrend.
Calmer than 94% of stocks we rank over the past year (volatility 18% a year).
How this is worked out
The MoatMap Score weighs the business, its price and its trend. The price check reads only the chart: the price side of the Momentum score, in words.
The rules: Still falling is a new 52-week low in the last two weeks, at least 25% below the high. Finding a floor is no new low since. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average and within 15% of the high.
In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn (the Turning up rule above) cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.
What it measures: how much the price moved day to day over the past year, scaled to a yearly figure (annualised volatility) and ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.
What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.
Calm is not safe: a calm stock can still slide steadily.
Rules fixed before any data was fetched. Describes the chart, not a recommendation.
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Real Estate, ranked by industry match, size, and score similarity. Cross-listings of WPC are excluded.
| Ticker | Company | Mkt Cap | Score |
|---|---|---|---|
| WPC | W. P. Carey Inc.(you) | $14.6B | 48 |
| VICI | VICI Properties Inc. | $26.2B | 70 |
| BNL | Broadstone Net Lease, Inc. | $3.7B | 35 |
| AAT | American Assets Trust, Inc. | $1.7B | 54 |
| GNL | Global Net Lease, Inc. | $1.7B | 42 |
| ESRT | Empire State Realty Trust, Inc. | $1.5B | 42 |
| FVR | FrontView REIT, Inc. | $536M | 47 |
| OLP | One Liberty Properties, Inc. | $489M | 51 |
| GOOD | Gladstone Commercial Corporation | $586M | 41 |
| CTO | CTO Realty Growth, Inc. | $741M | 60 |
Peer medians: ROE 4.2% · P/E 24.0x · Gross margin 65.4%
Company Deep Dive
A 10,000-word report: the business and its segments, what management promised on earnings calls and whether it delivered, the competition, and how things could turn out.