Discontinued — last reported Q3 '23

Business Segments · Lease Income

Owned Real Estate — Lease Income

W.P. Carey Inc. Owned Real Estate — Lease Income increased by 0.0% to $369.16M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 11.2%, from $331.90M to $369.16M. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityStable
First reportedQ1 2017
Last reportedQ3 2023Nov 3, 2023
Rolls up toLease Income

How to read this metric

Rising lease income suggests higher rental rates or increased occupancy, while falling income indicates potential lease expirations or rent concessions.

Detailed definition

The specific portion of revenue derived directly from contractual lease payments from tenants. This is the primary recur...

Peer comparison

Equivalent to 'Rental Income' or 'Lease Revenue' in peer financial statements.

Metric ID: wpc_segment_owned_real_estate_lease_income

Historical Data

10 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23
Value$289.06M$298.62M$305.09M$307.73M$314.35M$331.90M$4.90M$352.34M$369.12M$369.16M
QoQ Change+3.3%+2.2%+0.9%+2.2%+5.6%-98.5%>999%+4.8%+0.0%
YoY Change+8.7%+11.1%-98.4%+14.5%+17.4%+11.2%
Range$4.90M$369.16M
CAGR+11.5%
Avg YoY Growth-5.9%
Median YoY Growth+11.2%
Current Streak3 quarters growth

Frequently Asked Questions

What is W.P. Carey Inc.'s owned real estate — lease income?
W.P. Carey Inc. (WPC) reported owned real estate — lease income of $369.16M in Q3 2023.
How has W.P. Carey Inc.'s owned real estate — lease income changed year-over-year?
W.P. Carey Inc.'s owned real estate — lease income increased by 11.2% year-over-year, from $331.90M to $369.16M.
What does owned real estate — lease income mean?
Income earned specifically from tenant lease agreements.