Screener / SEC EDGAR /CIK 0001025378 /10-K filed Feb 11, 2026, compared with Feb 12, 2025 /Numbers from the XBRL of the 10-Ks
Real estate peers:
NYSE Real estate · REIT

W. P. Carey Inc. WPC

Headquarters
New York, NY
CEO
Jason E. Fox
Next results
around Feb 9, 2027
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Where each dollar of revenue went, FY2023

Revenue of $1.7B through the costs to a net profit of $708.3M · income statement of the 10-K

41% net margin
Revenue to Gross profit: $1.7BRevenue to Cost of revenue: $368KGross profit to Net profit: $708.3MGross profit to Costs, tax, other: $1.0B Revenue: $1.7B REVENUE $1.7B +18% Y/Y Gross profit: $1.7B · 100% margin GROSS PROFIT $1.7B 100% margin Cost of revenue: $368K · 0% of revenue COST OF REVENUE $368K 0% of revenue Net profit: $708.3M · 41% margin NET PROFIT $708.3M 41% margin · +18% Y/Y Costs, tax, other: $1.0B · 59% of revenue COSTS, TAX, OTHER $1.0B 59% of revenue
Gross profit $1.7B 100% margin
Net profit $708.3M 41% margin · +18% Y/Y
The full income statement, year by year

What changed

6 new risk paragraphs. 10-K filed Feb 11, 2026 against Feb 12, 2025.

Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.

Accounting checks

9 checks on the latest 10-K. Checks, not verdicts.

How it works

0facts worth reading about all 9 checks found nothing to note

  • Cash from operations $1.3B vs net income $466.4M (FY ending Dec 31, 2025)
  • Same auditor in both 10-Ks: PricewaterhouseCoopers LLP
  • No statement of substantial doubt about going concern
6 more checks with nothing to note
  • No 8-K item 4.02 in the last 2 years
  • No NT 10-K or NT 10-Q in the last 2 years
  • The same matters as last year: Purchase Price Allocation for Asset Acquisitions
  • No sentence in the 10-K concludes that controls were not effective because of a material weakness
  • No 8-K item 2.06 in the last 2 years
  • No 8-K item 1.03 in the last 2 years

In their words

6 paragraphs in Risk Factors that were not in the 10-K filed Feb 12, 2025. Quoted as filed.

All 6 new paragraphs
  1. Item 1A · new paragraph · not in the 10-K filed Feb 12, 2025 10-K, ITEM 1A
    The credit agreement for our Senior Unsecured Credit Facility and the indentures governing our Senior Unsecured Notes contain financial and operating covenants that, among other things, require us to meet specified financial ratios and may limit
  2. Item 1A · new paragraph · not in the 10-K filed Feb 12, 2025 10-K, ITEM 1A
    Uninsured losses relating to property or excessively expensive premiums for insurance coverage could adversely affect our cash flows and operating results. Although the majority of our tenants are responsible for obtaining insurance on their properties, we maintain insurance coverage on some of our properties with third-party carriers…

New risk paragraphs, against peers

Latest 10-K of each, Real estate companies closest in revenue

Paragraphs in Risk Factors with nothing like them in the company's 10-K the year before. A count of text, not of risk.

Financial performance

Last 4 fiscal years · 10-K XBRL

All years
MetricFY2022FY2023FY2024FY2025
Revenue$1.5B$1.7B$1.6B$1.7B
Net income$599.1M$708.3M$460.8M$466.4M
Operating cash flow$1.0B$1.1B$1.8B$1.3B

Revenue, FY2016 to FY2025

Ten fiscal years, each from its own 10-K · XBRL · USD

$1.7B ▲ 8.4% in FY2025

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Every number, year by year

Recent filings

2 filings in the last 30 days · SEC EDGAR

All filings

About the company

W. P. Carey Inc., New York, NY · from the 10-K filed Feb 11, 2026

W. P. Carey Inc. (“W. P. Carey” or the “Company”) is an internally-managed diversified REIT that, together with our consolidated subsidiaries and predecessors, is a leading owner of commercial real estate, net-leased to companies located primarily in the United States and 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, and retail facilities that are critical to our tenants’ operations. Our portfolio is comprised of 1,682 properties, net-leased to 371 tenants in 25 countries.

Headquarters
New York, NY
Country
United States
Reports in
USD
Listed on
NYSE
Fiscal year ends
December 31
Last results
Oct 27, 2026
Incorporated in
MD

Email alerts

Sources

The 10-K filed Feb 11, 2026 (open at SEC), compared with the 10-K filed Feb 12, 2025. Numbers from the XBRL of the 10-Ks; filings from SEC EDGAR.

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