Filing Flows › W. P. Carey (WPC) › How it makes money
How W. P. Carey (WPC) makes money
W. P. Carey (WPC) made $469M of revenue in the third quarter 2026 (Q3 2026), +8% from a year earlier. Owned Real Estate Segment brought in $467M (100%); Investment Management brought in $875K (0%); Other advisory income and reimbursements brought in $500K (0%). Of every dollar of revenue, 55¢ was left as operating profit, 30¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Owned Real Estate Segment | $467M | 99.6% | +2% | +9% |
| Investment Management | $875K | 0.2% | -37% | -62% |
| Other advisory income and reimbursements | $500K | 0.1% | -50% | -53% |
| Asset management revenue | $375K | 0.1% | -5% | -69% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $469M | 100.0% |
| Operating profit | $258M | 55.1% |
| Income tax | $10.5M | 2.2% |
| Net earnings | $141M | 30.1% |
| Operating cash flow | $322M | 68.7% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $468M | +9% |
| Q2 2026 | $461M | +7% |
| Q1 2026 | $455M | +11% |
| Q4 2025 | $445M | +9% |
| Q3 2025 | $431M | +8% |
| Q2 2025 | $431M | +10% |
| Q1 2025 | $410M | +5% |
From W. P. Carey's 10-Q filed Oct 28, 2026 (on EDGAR).
Questions
How does W. P. Carey make money?
W. P. Carey (WPC) made $469M of revenue in the third quarter 2026 (Q3 2026), +8% from a year earlier. Owned Real Estate Segment brought in $467M (100%); Investment Management brought in $875K (0%); Other advisory income and reimbursements brought in $500K (0%). Of every dollar of revenue, 55¢ was left as operating profit, 30¢ was left as net earnings.
What is W. P. Carey's biggest business?
Owned Real Estate Segment: $467M in the third quarter 2026, 100% of revenue, +9% from a year earlier.
What is W. P. Carey's profit margin?
Net earnings were $141M, 30.1% of revenue, in the third quarter 2026; the operating margin was 55.1%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.