---
title: W. P. Carey (WPC) — REIT card
canonical: https://sweetvaluelab.com/tools/reit-stocks/wpc
ticker: WPC
property_type: Net lease
as_of: 2026-10-26
---
# W. P. Carey (WPC) — REIT card

W. P. Carey, a net lease REIT, trades at 12.2× trailing Cash FFO with a 5.8% dividend yield, 70.8% of Cash FFO; net debt is 7.4× EBITDA. Prices as of Oct 26, 2026; trailing-twelve-month figures through Sep 30, 2026.

## The card

| Figure | WPC | Net lease average (2) |
| --- | ---: | ---: |
| Price | $64.39 |  |
| Cash FFO (TTM) | $1.2B |  |
| Cash FFO per share | $5.28 |  |
| P/Cash FFO | 12.2× | 11.6× |
| P/E | 22.0 |  |
| Dividend per share (TTM) | $3.74 |  |
| Dividend yield | 5.8% | 6.6% |
| Yield spread over the 10-year | 0.8% |  |
| Cash FFO payout | 70.8% | 75.2% |
| Cash FFO growth (YoY) | −5.3% | 5.2% |
| Cash FFO CAGR (3y) | 1.8% |  |
| Net debt / EBITDA | 7.4× | 5.9× |
| Interest cover | 3.8× | 3.9× |
| Debt / assets | 47.1% |  |
| EBITDA margin | 62.2% | 80.0% |
| Market value | $14.6B |  |
| Enterprise value | $23.4B |  |

## Lights

- Net debt is 7.4× EBITDA; refinancing sets the agenda

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Source: https://sweetvaluelab.com/tools/reit-stocks/wpc (SweetValueLab, free, no account). Quarterly statements from Financial Modeling Prep, closes from the daily price cache; the engine's rules are on the board page. Research and educational data, not investment advice; nothing here is a recommendation to buy, sell or hold any security.