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W.P. CareyWPC +1.21%79 Debt-to-EBITDA is 5.39 as of Mar. 2026, which is 6% below its 10-year median of 5.75. GuruFocus rates WPC with a GF Score™ of 79/100 and a GF Value™ of $66.65 (Fairly Valued). The stock has 9 warning signs investors should review. Among 579 REITs companies, W.P. Carey ranks better than 52.68% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for W.P. Carey's Debt-to-EBITDA or its related term are showing as below:
WPC'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 4.87 Med: 5.75 Max: 6.6
Current: 6.23
During the past 13 years, the highest Debt-to-EBITDA Ratio of W.P. Carey was 6.60. The lowest was 4.87. And the median was 5.75.
WPC's Debt-to-EBITDA is ranked better than 52.68% of 579
companies
in the REITs industry
Industry Median: 6.49
vs WPC: 6.23
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
W.P. Carey Debt-to-EBITDA Related Terms
W.P. Carey Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for W.P. Carey's Debt-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the REIT - Diversified subindustry, W.P. Carey's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
W.P. Carey Debt-to-EBITDA vs REITs Industry
For the REITs industry and Real Estate sector, W.P. Carey's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where W.P. Carey's Debt-to-EBITDA falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
W.P. Carey (WPC) has a Debt-to-EBITDA of 5.39 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on W.P. Carey. This is near median its historical median of 5.75. Over the past decade, W.P. Carey's Debt-to-EBITDA has ranged from 4.87 to 6.60. According to the industry distribution chart, W.P. Carey ranks #274 out of 579 companies in the REITs industry, placing it in the top 47.3%.
Is W.P. Carey's Debt-to-EBITDA too high?
W.P. Carey's current Debt-to-EBITDA of 5.39 is near median its 10-year median of 5.75. Over the past 10 years, this metric has ranged from a low of 4.87 to a high of 6.60. The REITs industry median Debt-to-EBITDA is 6.49. W.P. Carey's value of 5.39 is 16.9% below this industry median. Based on the distribution chart, W.P. Carey ranks #274 out of 579 companies in the REITs industry, which is above the industry midpoint. Overall, W.P. Carey has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does W.P. Carey's Debt-to-EBITDA compare to BNL and VICI?
According to the REITs industry distribution chart, W.P. Carey ranks #274 out of 579 companies for Debt-to-EBITDA. This puts W.P. Carey in the upper half of its industry. The industry median Debt-to-EBITDA is 6.49. W.P. Carey's value of 5.39 is 16.9% below this benchmark. Historically, W.P. Carey's own Debt-to-EBITDA has ranged from 4.87 to 6.60 over the past decade. While the company's 10-year median is 5.75 vs. the industry median of 6.49, W.P. Carey has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a REITs company?
The median Debt-to-EBITDA among REITs companies is 6.49, based on 579 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. W.P. Carey's current Debt-to-EBITDA of 5.39 is 16.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on W.P. Carey. For the REITs industry, the median Debt-to-EBITDA is 6.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. W.P. Carey's current Debt-to-EBITDA is 5.39, which is near median its own 10-year median of 5.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is W.P. Carey stock overvalued right now?
Based on GuruFocus' analysis, W.P. Carey (WPC) is currently considered Fairly Valued. The stock's GF Value™ is $66.65, compared to a current price of $72.53 — trading 8.8% above its estimated fair value. The current Debt-to-EBITDA is 5.39, which is near median its 10-year median of 5.75 and 16.9% below the REITs industry median of 6.49. W.P. Carey's overall GF Score™ is 79/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For W.P. Carey (WPC), the current Debt-to-EBITDA is 5.39 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is W.P. Carey (WPC) Overvalued in 2026?
Based on GuruFocus' analysis, W.P. Carey stock appears to be overvalued.
The current stock price of $72.53 is trading 8.8% above its estimated GF Value™ of $66.65.
GuruFocus considers W.P. Carey to be Fairly Valued.
Key valuation signals for WPC:
Debt-to-EBITDA: 5.39 (near median its 10-year median of 5.75)
GF Value™: $66.65 vs. price of $72.53 (8.8% above fair value)
Industry Position: 16.9% below the REITs median (#274 of 579)
No single metric tells the full story. See the WPC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
W.P. Carey Inc is a real estate investment trust principally involved in the ownership of properties located in the U.S., Western Europe, and Northern Europe. W.P. Carey organizes its operations into Real Estate and Investment Management segments. The vast majority of the company's income is derived from its Real Estate division in the form of lease revenue from long-term agreements with companies. W.P. Carey's real estate portfolio is comprised of single-tenant office, industrial, warehouse, and retail facilities located around the world. majority of the company's revenue comes from properties in the USA. Its Investment Management unit generates revenue from providing real estate advisory and portfolio management services to other REITs.
79GF Score
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