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PLD vs. WPC: A Head-to-Head Stock Comparison

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Here’s a clear look at PLD and WPC, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.

Company Profile

Both PLD and WPC are Real Estate Investment Trusts (REITs). These entities are required to distribute the majority of their taxable income to shareholders, often resulting in higher dividend yields.

SymbolPLDWPC
Company NamePrologis, Inc.W. P. Carey Inc.
CountryUnited StatesUnited States
GICS SectorReal EstateReal Estate
GICS IndustryIndustrial REITsDiversified REITs
Market Capitalization102.25 billion USD14.59 billion USD
ExchangeNYSENYSE
Listing DateNovember 21, 1997January 21, 1998
Security TypeREITREIT

Historical Performance

This chart compares the performance of PLD and WPC by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period. Data is adjusted for dividends and splits.

PLD vs. WPC: Growth of a $10,000 investment over the past one year.

Historical Performance at a Glance

SymbolPLDWPC
5-Day Price Return4.09%2.21%
13-Week Price Return-0.42%7.87%
26-Week Price Return-8.87%13.16%
52-Week Price Return-11.64%13.90%
Month-to-Date Return3.18%3.83%
Year-to-Date Return4.24%22.28%
10-Day Avg. Volume2.62M1.11M
3-Month Avg. Volume4.32M1.20M
3-Month Volatility23.13%17.13%
Beta1.310.85

Profitability

Return on Equity (TTM)

PLD

6.47%

Industrial REITs Industry

Max
10.99%
Q3
7.31%
Median
5.46%
Q1
3.99%
Min
2.83%

PLD’s Return on Equity of 6.47% is on par with the norm for the Industrial REITs industry, indicating its profitability relative to shareholder equity is typical for the sector.

WPC

4.00%

Diversified REITs Industry

Max
6.83%
Q3
6.09%
Median
5.03%
Q1
3.60%
Min
1.04%

WPC’s Return on Equity of 4.00% is on par with the norm for the Diversified REITs industry, indicating its profitability relative to shareholder equity is typical for the sector.

PLD vs. WPC: A comparison of their Return on Equity (TTM) against their respective Industrial REITs and Diversified REITs industry benchmarks.

Net Profit Margin (TTM)

PLD

40.29%

Industrial REITs Industry

Max
56.01%
Q3
49.92%
Median
41.77%
Q1
31.35%
Min
17.66%

In the Industrial REITs industry, Net Profit Margin is often not the primary profitability metric.

WPC

20.42%

Diversified REITs Industry

Max
74.45%
Q3
47.03%
Median
29.55%
Q1
5.81%
Min
-25.03%

In the Diversified REITs industry, Net Profit Margin is often not the primary profitability metric.

PLD vs. WPC: A comparison of their Net Profit Margin (TTM) against their respective Industrial REITs and Diversified REITs industry benchmarks.

Operating Profit Margin (TTM)

PLD

39.34%

Industrial REITs Industry

Max
103.85%
Q3
66.52%
Median
48.61%
Q1
38.81%
Min
-0.23%

In the Industrial REITs industry, Operating Profit Margin is often not the primary measure of operational efficiency.

WPC

48.73%

Diversified REITs Industry

Max
77.33%
Q3
62.47%
Median
45.87%
Q1
21.58%
Min
3.72%

In the Diversified REITs industry, Operating Profit Margin is often not the primary measure of operational efficiency.

PLD vs. WPC: A comparison of their Operating Profit Margin (TTM) against their respective Industrial REITs and Diversified REITs industry benchmarks.

Profitability at a Glance

SymbolPLDWPC
Return on Equity (TTM)6.47%4.00%
Return on Assets (TTM)3.58%1.91%
Net Profit Margin (TTM)40.29%20.42%
Operating Profit Margin (TTM)39.34%48.73%
Gross Profit Margin (TTM)75.35%89.03%

Financial Strength

Current Ratio (MRQ)

PLD

0.19

Industrial REITs Industry

Max
1.34
Q3
0.98
Median
0.61
Q1
0.24
Min
0.12

PLD’s Current Ratio of 0.19 falls into the lower quartile for the Industrial REITs industry. This indicates a tighter liquidity situation and a more constrained capacity to handle short-term debt than many of its competitors.

WPC

0.29

Diversified REITs Industry

Max
2.37
Q3
1.58
Median
0.64
Q1
0.30
Min
0.09

WPC’s Current Ratio of 0.29 falls into the lower quartile for the Diversified REITs industry. This indicates a tighter liquidity situation and a more constrained capacity to handle short-term debt than many of its competitors.

PLD vs. WPC: A comparison of their Current Ratio (MRQ) against their respective Industrial REITs and Diversified REITs industry benchmarks.

Debt-to-Equity Ratio (MRQ)

PLD

0.66

Industrial REITs Industry

Max
1.18
Q3
0.78
Median
0.68
Q1
0.45
Min
0.19

PLD’s Debt-to-Equity Ratio of 0.66 is typical for the Industrial REITs industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.

WPC

1.05

Diversified REITs Industry

Max
1.15
Q3
0.88
Median
0.69
Q1
0.55
Min
0.18

WPC’s leverage is in the upper quartile of the Diversified REITs industry, with a Debt-to-Equity Ratio of 1.05. While this approach can boost equity growth, it also exposes the company to greater financial vulnerability.

PLD vs. WPC: A comparison of their Debt-to-Equity Ratio (MRQ) against their respective Industrial REITs and Diversified REITs industry benchmarks.

Interest Coverage Ratio (TTM)

PLD

14.64

Industrial REITs Industry

Max
14.64
Q3
8.83
Median
2.42
Q1
0.90
Min
-0.86

PLD’s Interest Coverage Ratio of 14.64 is in the upper quartile for the Industrial REITs industry, signifying a strong and healthy capacity to meet its interest payments from operating profits.

WPC

3.30

Diversified REITs Industry

Max
11.29
Q3
5.53
Median
2.13
Q1
1.00
Min
0.40

WPC’s Interest Coverage Ratio of 3.30 is positioned comfortably within the norm for the Diversified REITs industry, indicating a standard and healthy capacity to cover its interest payments.

PLD vs. WPC: A comparison of their Interest Coverage Ratio (TTM) against their respective Industrial REITs and Diversified REITs industry benchmarks.

Financial Strength at a Glance

SymbolPLDWPC
Current Ratio (MRQ)0.190.29
Quick Ratio (MRQ)0.190.29
Debt-to-Equity Ratio (MRQ)0.661.05
Interest Coverage Ratio (TTM)14.643.30

Growth

Revenue Growth

PLD vs. WPC: A side-by-side comparison of their Revenue Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

EPS Growth

PLD vs. WPC: A side-by-side comparison of their EPS Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

Dividend

Dividend Yield (TTM)

PLD

3.48%

Industrial REITs Industry

Max
6.69%
Q3
4.95%
Median
4.07%
Q1
3.14%
Min
0.80%

PLD’s Dividend Yield of 3.48% is consistent with its peers in the Industrial REITs industry, providing a dividend return that is standard for its sector.

WPC

5.36%

Diversified REITs Industry

Max
7.62%
Q3
6.47%
Median
5.27%
Q1
4.51%
Min
2.20%

WPC’s Dividend Yield of 5.36% is consistent with its peers in the Diversified REITs industry, providing a dividend return that is standard for its sector.

PLD vs. WPC: A comparison of their Dividend Yield (TTM) against their respective Industrial REITs and Diversified REITs industry benchmarks.

Dividend Payout Ratio (TTM)

PLD

106.34%

Industrial REITs Industry

Max
190.40%
Q3
117.33%
Median
98.28%
Q1
61.28%
Min
0.00%

PLD’s Dividend Payout Ratio of 106.34% is within the typical range for the Industrial REITs industry, suggesting a balanced approach between shareholder payouts and company reinvestment.

WPC

230.94%

Diversified REITs Industry

Max
227.63%
Q3
177.91%
Median
95.61%
Q1
65.09%
Min
49.88%

At 230.94%, WPC’s Dividend Payout Ratio is exceptionally high, exceeding the typical range for the Diversified REITs industry. While this provides a significant return to shareholders, it may limit funds for reinvestment and could be difficult to sustain.

PLD vs. WPC: A comparison of their Dividend Payout Ratio (TTM) against their respective Industrial REITs and Diversified REITs industry benchmarks.

Dividend at a Glance

SymbolPLDWPC
Dividend Yield (TTM)3.48%5.36%
Dividend Payout Ratio (TTM)106.34%230.94%

Valuation

Price-to-Earnings Ratio (TTM)

PLD

30.53

Industrial REITs Industry

Max
37.42
Q3
29.45
Median
24.42
Q1
16.43
Min
5.63

The P/E Ratio is often not the primary metric for valuation in the Industrial REITs industry.

WPC

43.10

Diversified REITs Industry

Max
33.15
Q3
27.78
Median
21.77
Q1
11.55
Min
10.44

The P/E Ratio is often not the primary metric for valuation in the Diversified REITs industry.

PLD vs. WPC: A comparison of their Price-to-Earnings Ratio (TTM) against their respective Industrial REITs and Diversified REITs industry benchmarks.

Price-to-Sales Ratio (TTM)

PLD

12.30

Industrial REITs Industry

Max
14.39
Q3
11.20
Median
8.86
Q1
7.44
Min
1.80

PLD’s P/S Ratio of 12.30 is in the upper echelon for the Industrial REITs industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.

WPC

8.80

Diversified REITs Industry

Max
13.25
Q3
9.09
Median
7.48
Q1
4.24
Min
1.63

WPC’s P/S Ratio of 8.80 aligns with the market consensus for the Diversified REITs industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.

PLD vs. WPC: A comparison of their Price-to-Sales Ratio (TTM) against their respective Industrial REITs and Diversified REITs industry benchmarks.

Price-to-Book Ratio (MRQ)

PLD

1.85

Industrial REITs Industry

Max
2.58
Q3
1.81
Median
1.19
Q1
0.92
Min
0.66

PLD’s P/B Ratio of 1.85 is in the upper tier for the Industrial REITs industry. This indicates that investors are paying a premium relative to the company’s net assets, a valuation that hinges on its ability to generate superior profits.

WPC

1.66

Diversified REITs Industry

Max
1.65
Q3
1.09
Median
0.76
Q1
0.65
Min
0.49

At 1.66, WPC’s P/B Ratio is at an extreme premium to the Diversified REITs industry. This signifies that the market’s valuation is heavily reliant on future potential rather than its current net asset value, which can be a high-risk proposition.

PLD vs. WPC: A comparison of their Price-to-Book Ratio (MRQ) against their respective Industrial REITs and Diversified REITs industry benchmarks.

Valuation at a Glance

SymbolPLDWPC
Price-to-Earnings Ratio (TTM)30.5343.10
Price-to-Sales Ratio (TTM)12.308.80
Price-to-Book Ratio (MRQ)1.851.66
Price-to-Free Cash Flow Ratio (TTM)431.7368.89