Discontinued — last reported Q1 '24
Real Estate — Operating property revenues
W.P. Carey Inc. Real Estate — Operating property revenues decreased by 5.7% to $386.84M in Q1 2024 compared to the prior quarter. Year-over-year, this metric declined by 9.5%, from $427.35M to $386.84M. Over 2 years (FY 2021 to FY 2023), Real Estate — Operating property revenues shows an upward trend with a 15.1% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
Growth in operating revenues indicates effective asset management and strong market positioning within the portfolio's specific property types.
Detailed definition
Total gross revenue generated from the operation of real estate assets, including base rent, recoveries, and other prope...
Peer comparison
Standard top-line metric for real estate operating segments across the REIT industry.
wpc_segment_real_estate_operating_property_revenuesHistorical Data
| 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 | $314.79M | $320.84M | $370.32M | $344.09M | $339.79M | $382.08M | $402.14M | $427.35M | $452.15M | $448.26M | $410.38M | $386.84M |
| QoQ Change | — | +1.9% | +15.4% | -7.1% | -1.3% | +12.4% | +5.3% | +6.3% | +5.8% | -0.9% | -8.5% | -5.7% |
| YoY Change | — | — | — | — | +7.9% | +19.1% | +8.6% | +24.2% | +33.1% | +17.3% | +2.0% | -9.5% |
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Frequently Asked Questions
- What is W.P. Carey Inc.'s real estate — operating property revenues?
- W.P. Carey Inc. (WPC) reported real estate — operating property revenues of $386.84M in Q1 2024.
- How has W.P. Carey Inc.'s real estate — operating property revenues changed year-over-year?
- W.P. Carey Inc.'s real estate — operating property revenues decreased by 9.5% year-over-year, from $427.35M to $386.84M.
- What is the long-term trend for W.P. Carey Inc.'s real estate — operating property revenues?
- Over 2 years (2021 to 2023), W.P. Carey Inc.'s real estate — operating property revenues has grown at a 15.1% compound annual growth rate (CAGR), from $1.31B to $1.74B.
- What does real estate — operating property revenues mean?
- Total income generated by the company's real estate assets.