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Side-by-side financial comparison of Arhaus, Inc. (ARHS) and W. P. Carey Inc. (WPC). Click either name above to swap in a different company.

W. P. Carey Inc. is the larger business by last-quarter revenue ($444.5M vs $364.8M, roughly 1.2× Arhaus, Inc.). W. P. Carey Inc. runs the higher net margin — 33.4% vs 4.1%, a 29.2% gap on every dollar of revenue. On growth, W. P. Carey Inc. posted the faster year-over-year revenue change (9.4% vs 5.1%). Over the past eight quarters, Arhaus, Inc.'s revenue compounded faster (11.2% CAGR vs 6.8%).

Arhaus, Inc. is an upscale American home furnishings company headquartered in Boston Heights, Ohio. Founded in 1986 with a focus on sustainability and artisanship in product quality, Arhaus provides a diversified assortment of specialty goods and services addressing omnichannel direct-to-consumer and business-to-business residential and commercial operations.

W. P. Carey is a real estate investment trust that invests in properties leased to single tenants via NNN leases. The company is organized in Maryland, with its primary office in New York City.

ARHS vs WPC — Head-to-Head

Bigger by revenue
WPC
WPC
1.2× larger
WPC
$444.5M
$364.8M
ARHS
Growing faster (revenue YoY)
WPC
WPC
+4.3% gap
WPC
9.4%
5.1%
ARHS
Higher net margin
WPC
WPC
29.2% more per $
WPC
33.4%
4.1%
ARHS
Faster 2-yr revenue CAGR
ARHS
ARHS
Annualised
ARHS
11.2%
6.8%
WPC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ARHS
ARHS
WPC
WPC
Revenue
$364.8M
$444.5M
Net Profit
$15.1M
$148.3M
Gross Margin
38.1%
Operating Margin
5.6%
34.5%
Net Margin
4.1%
33.4%
Revenue YoY
5.1%
9.4%
Net Profit YoY
-29.1%
215.4%
EPS (diluted)
$0.11

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ARHS
ARHS
WPC
WPC
Q4 25
$364.8M
$444.5M
Q3 25
$344.6M
$431.3M
Q2 25
$358.4M
$430.8M
Q1 25
$311.4M
$409.9M
Q4 24
$347.0M
$406.2M
Q3 24
$319.1M
$397.4M
Q2 24
$309.8M
$389.7M
Q1 24
$295.2M
$389.8M
Net Profit
ARHS
ARHS
WPC
WPC
Q4 25
$15.1M
$148.3M
Q3 25
$12.2M
$141.0M
Q2 25
$35.1M
$51.2M
Q1 25
$4.9M
$125.8M
Q4 24
$21.3M
$47.0M
Q3 24
$9.9M
$111.7M
Q2 24
$22.2M
$142.9M
Q1 24
$15.1M
$159.2M
Gross Margin
ARHS
ARHS
WPC
WPC
Q4 25
38.1%
Q3 25
38.7%
Q2 25
41.4%
Q1 25
37.1%
Q4 24
40.0%
Q3 24
38.6%
Q2 24
40.1%
Q1 24
39.0%
Operating Margin
ARHS
ARHS
WPC
WPC
Q4 25
5.6%
34.5%
Q3 25
4.8%
34.7%
Q2 25
13.0%
15.0%
Q1 25
1.7%
33.5%
Q4 24
8.2%
13.5%
Q3 24
3.3%
30.4%
Q2 24
9.5%
38.3%
Q1 24
6.2%
43.0%
Net Margin
ARHS
ARHS
WPC
WPC
Q4 25
4.1%
33.4%
Q3 25
3.5%
32.7%
Q2 25
9.8%
11.9%
Q1 25
1.6%
30.7%
Q4 24
6.1%
11.6%
Q3 24
3.1%
28.1%
Q2 24
7.2%
36.7%
Q1 24
5.1%
40.8%
EPS (diluted)
ARHS
ARHS
WPC
WPC
Q4 25
$0.11
Q3 25
$0.09
Q2 25
$0.25
Q1 25
$0.03
Q4 24
$0.15
Q3 24
$0.07
Q2 24
$0.16
Q1 24
$0.11

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ARHS
ARHS
WPC
WPC
Cash + ST InvestmentsLiquidity on hand
$253.4M
$155.3M
Total DebtLower is stronger
$8.7B
Stockholders' EquityBook value
$418.2M
$8.1B
Total Assets
$1.4B
$18.0B
Debt / EquityLower = less leverage
1.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ARHS
ARHS
WPC
WPC
Q4 25
$253.4M
$155.3M
Q3 25
$262.2M
$249.0M
Q2 25
$234.8M
$244.8M
Q1 25
$214.4M
$187.8M
Q4 24
$197.5M
$640.4M
Q3 24
$177.7M
$818.2M
Q2 24
$174.2M
$1.1B
Q1 24
$233.2M
$777.0M
Total Debt
ARHS
ARHS
WPC
WPC
Q4 25
$8.7B
Q3 25
$8.7B
Q2 25
$8.6B
Q1 25
$7.9B
Q4 24
$8.0B
Q3 24
$8.0B
Q2 24
$8.1B
Q1 24
$7.9B
Stockholders' Equity
ARHS
ARHS
WPC
WPC
Q4 25
$418.2M
$8.1B
Q3 25
$400.4M
$8.2B
Q2 25
$385.6M
$8.2B
Q1 25
$348.8M
$8.4B
Q4 24
$343.7M
$8.4B
Q3 24
$320.6M
$8.6B
Q2 24
$309.3M
$8.6B
Q1 24
$285.6M
$8.7B
Total Assets
ARHS
ARHS
WPC
WPC
Q4 25
$1.4B
$18.0B
Q3 25
$1.4B
$18.0B
Q2 25
$1.3B
$18.0B
Q1 25
$1.3B
$17.3B
Q4 24
$1.2B
$17.5B
Q3 24
$1.2B
$17.6B
Q2 24
$1.2B
$17.8B
Q1 24
$1.2B
$17.6B
Debt / Equity
ARHS
ARHS
WPC
WPC
Q4 25
1.07×
Q3 25
1.06×
Q2 25
1.05×
Q1 25
0.94×
Q4 24
0.95×
Q3 24
0.93×
Q2 24
0.94×
Q1 24
0.91×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ARHS
ARHS
WPC
WPC
Operating Cash FlowLast quarter
$9.3M
$304.6M
Free Cash FlowOCF − Capex
$-8.8M
FCF MarginFCF / Revenue
-2.4%
Capex IntensityCapex / Revenue
5.0%
Cash ConversionOCF / Net Profit
0.62×
2.05×
TTM Free Cash FlowTrailing 4 quarters
$59.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ARHS
ARHS
WPC
WPC
Q4 25
$9.3M
$304.6M
Q3 25
$46.1M
$300.5M
Q2 25
$34.9M
$404.0M
Q1 25
$46.5M
$273.2M
Q4 24
$31.7M
$296.3M
Q3 24
$31.1M
$280.2M
Q2 24
$47.5M
$221.0M
Q1 24
$36.8M
$1.0B
Free Cash Flow
ARHS
ARHS
WPC
WPC
Q4 25
$-8.8M
Q3 25
$28.0M
Q2 25
$20.9M
Q1 25
$18.9M
Q4 24
$13.0M
Q3 24
$4.6M
Q2 24
$11.3M
Q1 24
$10.9M
FCF Margin
ARHS
ARHS
WPC
WPC
Q4 25
-2.4%
Q3 25
8.1%
Q2 25
5.8%
Q1 25
6.1%
Q4 24
3.7%
Q3 24
1.4%
Q2 24
3.6%
Q1 24
3.7%
Capex Intensity
ARHS
ARHS
WPC
WPC
Q4 25
5.0%
Q3 25
5.3%
Q2 25
3.9%
Q1 25
8.9%
Q4 24
5.4%
Q3 24
8.3%
Q2 24
11.7%
Q1 24
8.8%
Cash Conversion
ARHS
ARHS
WPC
WPC
Q4 25
0.62×
2.05×
Q3 25
3.77×
2.13×
Q2 25
1.00×
7.89×
Q1 25
9.53×
2.17×
Q4 24
1.49×
6.30×
Q3 24
3.14×
2.51×
Q2 24
2.14×
1.55×
Q1 24
2.44×
6.50×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ARHS
ARHS

Sales Channel Retail$305.7M84%
Sales Channel E Commerce$59.2M16%

WPC
WPC

Segment breakdown not available.

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