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Side-by-side financial comparison of Navios Maritime Partners L.P. (NMM) 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 $327.6M, roughly 1.4× Navios Maritime Partners L.P.). W. P. Carey Inc. runs the higher net margin — 33.4% vs 21.4%, a 12.0% gap on every dollar of revenue. On growth, W. P. Carey Inc. posted the faster year-over-year revenue change (9.4% vs -4.3%).

Navios Maritime Holdings Inc. is a multinational, vertically integrated seaborne shipping and logistics company focused on the transport and transshipment of drybulk commodities including iron ore, coal and grain.

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.

NMM vs WPC — Head-to-Head

Bigger by revenue
WPC
WPC
1.4× larger
WPC
$444.5M
$327.6M
NMM
Growing faster (revenue YoY)
WPC
WPC
+13.7% gap
WPC
9.4%
-4.3%
NMM
Higher net margin
WPC
WPC
12.0% more per $
WPC
33.4%
21.4%
NMM

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
NMM
NMM
WPC
WPC
Revenue
$327.6M
$444.5M
Net Profit
$69.9M
$148.3M
Gross Margin
90.5%
Operating Margin
34.5%
Net Margin
21.4%
33.4%
Revenue YoY
-4.3%
9.4%
Net Profit YoY
-31.1%
215.4%
EPS (diluted)

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
NMM
NMM
WPC
WPC
Q4 25
$444.5M
Q3 25
$431.3M
Q2 25
$327.6M
$430.8M
Q1 25
$409.9M
Q4 24
$406.2M
Q3 24
$397.4M
Q2 24
$342.2M
$389.7M
Q1 24
$389.8M
Net Profit
NMM
NMM
WPC
WPC
Q4 25
$148.3M
Q3 25
$141.0M
Q2 25
$69.9M
$51.2M
Q1 25
$125.8M
Q4 24
$47.0M
Q3 24
$111.7M
Q2 24
$101.5M
$142.9M
Q1 24
$159.2M
Gross Margin
NMM
NMM
WPC
WPC
Q4 25
Q3 25
Q2 25
90.5%
Q1 25
Q4 24
Q3 24
Q2 24
88.3%
Q1 24
Operating Margin
NMM
NMM
WPC
WPC
Q4 25
34.5%
Q3 25
34.7%
Q2 25
15.0%
Q1 25
33.5%
Q4 24
13.5%
Q3 24
30.4%
Q2 24
38.3%
Q1 24
43.0%
Net Margin
NMM
NMM
WPC
WPC
Q4 25
33.4%
Q3 25
32.7%
Q2 25
21.4%
11.9%
Q1 25
30.7%
Q4 24
11.6%
Q3 24
28.1%
Q2 24
29.7%
36.7%
Q1 24
40.8%

Balance Sheet & Financial Strength

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

Metric
NMM
NMM
WPC
WPC
Cash + ST InvestmentsLiquidity on hand
$377.0M
$155.3M
Total DebtLower is stronger
$2.0B
$8.7B
Stockholders' EquityBook value
$8.1B
Total Assets
$5.9B
$18.0B
Debt / EquityLower = less leverage
1.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NMM
NMM
WPC
WPC
Q4 25
$155.3M
Q3 25
$249.0M
Q2 25
$377.0M
$244.8M
Q1 25
$187.8M
Q4 24
$640.4M
Q3 24
$818.2M
Q2 24
$272.0M
$1.1B
Q1 24
$777.0M
Total Debt
NMM
NMM
WPC
WPC
Q4 25
$8.7B
Q3 25
$8.7B
Q2 25
$2.0B
$8.6B
Q1 25
$7.9B
Q4 24
$8.0B
Q3 24
$8.0B
Q2 24
$1.4B
$8.1B
Q1 24
$7.9B
Stockholders' Equity
NMM
NMM
WPC
WPC
Q4 25
$8.1B
Q3 25
$8.2B
Q2 25
$8.2B
Q1 25
$8.4B
Q4 24
$8.4B
Q3 24
$8.6B
Q2 24
$8.6B
Q1 24
$8.7B
Total Assets
NMM
NMM
WPC
WPC
Q4 25
$18.0B
Q3 25
$18.0B
Q2 25
$5.9B
$18.0B
Q1 25
$17.3B
Q4 24
$17.5B
Q3 24
$17.6B
Q2 24
$5.3B
$17.8B
Q1 24
$17.6B
Debt / Equity
NMM
NMM
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
NMM
NMM
WPC
WPC
Operating Cash FlowLast quarter
$304.6M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
2.05×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NMM
NMM
WPC
WPC
Q4 25
$304.6M
Q3 25
$300.5M
Q2 25
$404.0M
Q1 25
$273.2M
Q4 24
$296.3M
Q3 24
$280.2M
Q2 24
$221.0M
Q1 24
$1.0B
Cash Conversion
NMM
NMM
WPC
WPC
Q4 25
2.05×
Q3 25
2.13×
Q2 25
7.89×
Q1 25
2.17×
Q4 24
6.30×
Q3 24
2.51×
Q2 24
1.55×
Q1 24
6.50×

Financial Flow Comparison

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

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