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Side-by-side financial comparison of W. P. Carey Inc. (WPC) and WOLVERINE WORLD WIDE INC (WWW). Click either name above to swap in a different company.

WOLVERINE WORLD WIDE INC is the larger business by last-quarter revenue ($517.5M vs $444.5M, roughly 1.2× W. P. Carey Inc.). W. P. Carey Inc. runs the higher net margin — 33.4% vs 6.1%, a 27.2% gap on every dollar of revenue. On growth, WOLVERINE WORLD WIDE INC posted the faster year-over-year revenue change (25.5% vs 9.4%). Over the past eight quarters, WOLVERINE WORLD WIDE INC's revenue compounded faster (14.5% CAGR vs 6.8%).

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.

Wolverine World Wide is a global designer, manufacturer and marketer of branded footwear, apparel and accessories. It owns popular brands including Merrell, Sperry, Saucony and Hush Puppies, serving outdoor, casual, workwear and athletic segments via e-commerce, retail stores and global wholesale networks.

WPC vs WWW — Head-to-Head

Bigger by revenue
WWW
WWW
1.2× larger
WWW
$517.5M
$444.5M
WPC
Growing faster (revenue YoY)
WWW
WWW
+16.1% gap
WWW
25.5%
9.4%
WPC
Higher net margin
WPC
WPC
27.2% more per $
WPC
33.4%
6.1%
WWW
Faster 2-yr revenue CAGR
WWW
WWW
Annualised
WWW
14.5%
6.8%
WPC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
WPC
WPC
WWW
WWW
Revenue
$444.5M
$517.5M
Net Profit
$148.3M
$31.8M
Gross Margin
47.3%
Operating Margin
34.5%
9.7%
Net Margin
33.4%
6.1%
Revenue YoY
9.4%
25.5%
Net Profit YoY
215.4%
162.8%
EPS (diluted)
$0.37

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
WPC
WPC
WWW
WWW
Q1 26
$517.5M
Q4 25
$444.5M
Q3 25
$431.3M
$470.3M
Q2 25
$430.8M
$474.2M
Q1 25
$409.9M
$412.3M
Q4 24
$406.2M
$494.7M
Q3 24
$397.4M
$440.2M
Q2 24
$389.7M
$425.2M
Net Profit
WPC
WPC
WWW
WWW
Q1 26
$31.8M
Q4 25
$148.3M
Q3 25
$141.0M
$25.1M
Q2 25
$51.2M
$26.8M
Q1 25
$125.8M
$12.1M
Q4 24
$47.0M
$23.1M
Q3 24
$111.7M
$23.2M
Q2 24
$142.9M
$13.8M
Gross Margin
WPC
WPC
WWW
WWW
Q1 26
47.3%
Q4 25
Q3 25
47.5%
Q2 25
47.2%
Q1 25
47.2%
Q4 24
43.4%
Q3 24
45.1%
Q2 24
43.1%
Operating Margin
WPC
WPC
WWW
WWW
Q1 26
9.7%
Q4 25
34.5%
Q3 25
34.7%
8.4%
Q2 25
15.0%
8.6%
Q1 25
33.5%
4.8%
Q4 24
13.5%
7.4%
Q3 24
30.4%
7.9%
Q2 24
38.3%
6.8%
Net Margin
WPC
WPC
WWW
WWW
Q1 26
6.1%
Q4 25
33.4%
Q3 25
32.7%
5.3%
Q2 25
11.9%
5.7%
Q1 25
30.7%
2.9%
Q4 24
11.6%
4.7%
Q3 24
28.1%
5.3%
Q2 24
36.7%
3.2%
EPS (diluted)
WPC
WPC
WWW
WWW
Q1 26
$0.37
Q4 25
Q3 25
$0.30
Q2 25
$0.32
Q1 25
$0.15
Q4 24
$0.29
Q3 24
$0.28
Q2 24
$0.17

Balance Sheet & Financial Strength

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

Metric
WPC
WPC
WWW
WWW
Cash + ST InvestmentsLiquidity on hand
$155.3M
Total DebtLower is stronger
$8.7B
$621.7M
Stockholders' EquityBook value
$8.1B
$408.0M
Total Assets
$18.0B
$1.7B
Debt / EquityLower = less leverage
1.07×
1.52×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
WPC
WPC
WWW
WWW
Q1 26
Q4 25
$155.3M
Q3 25
$249.0M
Q2 25
$244.8M
Q1 25
$187.8M
Q4 24
$640.4M
Q3 24
$818.2M
Q2 24
$1.1B
Total Debt
WPC
WPC
WWW
WWW
Q1 26
$621.7M
Q4 25
$8.7B
Q3 25
$8.7B
$676.4M
Q2 25
$8.6B
$708.5M
Q1 25
$7.9B
$710.8M
Q4 24
$8.0B
$648.0M
Q3 24
$8.0B
$702.8M
Q2 24
$8.1B
$814.7M
Stockholders' Equity
WPC
WPC
WWW
WWW
Q1 26
$408.0M
Q4 25
$8.1B
Q3 25
$8.2B
$376.7M
Q2 25
$8.2B
$344.0M
Q1 25
$8.4B
$310.6M
Q4 24
$8.4B
$312.9M
Q3 24
$8.6B
$295.2M
Q2 24
$8.6B
$262.1M
Total Assets
WPC
WPC
WWW
WWW
Q1 26
$1.7B
Q4 25
$18.0B
Q3 25
$18.0B
$1.7B
Q2 25
$18.0B
$1.8B
Q1 25
$17.3B
$1.7B
Q4 24
$17.5B
$1.7B
Q3 24
$17.6B
$1.8B
Q2 24
$17.8B
$1.8B
Debt / Equity
WPC
WPC
WWW
WWW
Q1 26
1.52×
Q4 25
1.07×
Q3 25
1.06×
1.80×
Q2 25
1.05×
2.06×
Q1 25
0.94×
2.29×
Q4 24
0.95×
2.07×
Q3 24
0.93×
2.38×
Q2 24
0.94×
3.11×

Cash Flow & Capital Efficiency

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

Metric
WPC
WPC
WWW
WWW
Operating Cash FlowLast quarter
$304.6M
$146.2M
Free Cash FlowOCF − Capex
$145.6M
FCF MarginFCF / Revenue
28.1%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
2.05×
4.60×
TTM Free Cash FlowTrailing 4 quarters
$125.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
WPC
WPC
WWW
WWW
Q1 26
$146.2M
Q4 25
$304.6M
Q3 25
$300.5M
$33.0M
Q2 25
$404.0M
$44.6M
Q1 25
$273.2M
$-83.8M
Q4 24
$296.3M
$82.4M
Q3 24
$280.2M
$108.2M
Q2 24
$221.0M
$26.7M
Free Cash Flow
WPC
WPC
WWW
WWW
Q1 26
$145.6M
Q4 25
Q3 25
$30.1M
Q2 25
$41.2M
Q1 25
$-91.4M
Q4 24
$74.4M
Q3 24
$104.1M
Q2 24
$23.7M
FCF Margin
WPC
WPC
WWW
WWW
Q1 26
28.1%
Q4 25
Q3 25
6.4%
Q2 25
8.7%
Q1 25
-22.2%
Q4 24
15.0%
Q3 24
23.6%
Q2 24
5.6%
Capex Intensity
WPC
WPC
WWW
WWW
Q1 26
0.1%
Q4 25
Q3 25
0.6%
Q2 25
0.7%
Q1 25
1.8%
Q4 24
1.6%
Q3 24
0.9%
Q2 24
0.7%
Cash Conversion
WPC
WPC
WWW
WWW
Q1 26
4.60×
Q4 25
2.05×
Q3 25
2.13×
1.31×
Q2 25
7.89×
1.66×
Q1 25
2.17×
-6.93×
Q4 24
6.30×
3.57×
Q3 24
2.51×
4.66×
Q2 24
1.55×
1.93×

Financial Flow Comparison

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

Revenue Breakdown by Segment

WPC
WPC

Segment breakdown not available.

WWW
WWW

Sales Channel Through Intermediary$230.2M44%
Sales Channel Directly To Consumer$142.6M28%
Work Group$134.0M26%
Other$10.7M2%

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