What is W.P. Carey Inc.'s real estate — number of tenants?

W.P. Carey Inc. (WPC) reported real estate — number of tenants of $335.00 in Q1 2024.

How has W.P. Carey Inc.'s real estate — number of tenants changed year-over-year?

W.P. Carey Inc.'s real estate — number of tenants decreased by 15.6% year-over-year, from $397.00 to $335.00.

What is the long-term trend for W.P. Carey Inc.'s real estate — number of tenants?

Over 2 years (2021 to 2023), W.P. Carey Inc.'s real estate — number of tenants has grown at a 3.8% compound annual growth rate (CAGR), from $1.42K to $1.53K.

What does real estate — number of tenants mean?

The total number of unique businesses or individuals renting property from the company.

Discontinued — last reported Q1 '24

Business Segments · Number of tenants

Real Estate — Number of tenants

W.P. Carey Inc. Real Estate — Number of tenants decreased by 0.3% to $335.00 in Q1 2024 compared to the prior quarter. Year-over-year, this metric declined by 15.6%, from $397.00 to $335.00. Over 2 years (FY 2021 to FY 2023), Real Estate — Number of tenants shows relatively stable performance with a 3.8% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment

CategoryRisk

SignalHigher is better

VolatilityStable

First reportedQ3 2017

Last reportedQ1 2024May 1, 2024

How to read this metric

A higher number of tenants generally implies lower concentration risk, whereas a low number suggests higher sensitivity to the financial health of individual major tenants.

Detailed definition

The total count of unique entities leasing space from the company. This metric is critical for assessing tenant diversif...

Peer comparison

Essential risk disclosure for net-lease and commercial REITs to demonstrate portfolio stability.

Metric ID: wpc_segment_real_estate_number_of_tenants

Historical Data

12 periods

	Q2 '21	Q3 '21	Q4 '21	Q1 '22	Q2 '22	Q3 '22	Q4 '22	Q1 '23	Q2 '23	Q3 '23	Q4 '23	Q1 '24
Value	356	358	352	356	356	391	392	397	398	395	336	335
QoQ Change	—	+0.6%	-1.7%	+1.1%	+0.0%	+9.8%	+0.3%	+1.3%	+0.3%	-0.8%	-14.9%	-0.3%
YoY Change	—	—	—	—	+0.0%	+9.2%	+11.4%	+11.5%	+11.8%	+1.0%	-14.3%	-15.6%

Range335 – 398

CAGR-2.2%

Avg YoY Growth+1.9%

Median YoY Growth+5.1%

Current Streak3 quarters decline

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Frequently Asked Questions

What is W.P. Carey Inc.'s real estate — number of tenants?: W.P. Carey Inc. (WPC) reported real estate — number of tenants of $335.00 in Q1 2024.
How has W.P. Carey Inc.'s real estate — number of tenants changed year-over-year?: W.P. Carey Inc.'s real estate — number of tenants decreased by 15.6% year-over-year, from $397.00 to $335.00.
What is the long-term trend for W.P. Carey Inc.'s real estate — number of tenants?: Over 2 years (2021 to 2023), W.P. Carey Inc.'s real estate — number of tenants has grown at a 3.8% compound annual growth rate (CAGR), from $1.42K to $1.53K.
What does real estate — number of tenants mean?: The total number of unique businesses or individuals renting property from the company.