W. P. Carey (WPC)

NYSE Real Estate Diversified REITs S&P MidCap 400
$65.05
-0.24 (-0.37%)
Close of Nov 06, 2026 · end-of-day data
Source: W. P. Carey's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 06, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$941.53M$848.30M$885.73M$1.23B$1.21B$1.33B$1.48B$1.74B$1.58B$1.72B
Cost of revenue$91.87M$51.45M$21.93M$16.55M$8.86M$4.04M$2.52M$368.00K——
Gross profit$849.66M$796.86M$863.81M$1.22B$1.20B$1.33B$1.48B$1.74B——
Interest expense$183.41M$165.78M$178.38M$233.32M$210.09M$196.83M$219.16M$291.85M$277.37M$291.26M
Pre-tax income$278.10M$287.79M$438.75M$332.75M$445.20M$438.61M$626.21M$752.32M$492.34M$504.82M
Income tax$3.29M$2.71M$14.41M$26.21M-$20.76M$28.49M$27.72M$44.05M$31.71M$31.91M
Net income$267.75M$277.29M$411.57M$305.24M$455.36M$409.99M$599.14M$708.33M$460.84M$466.36M
EPS (basic)$2.50—————————
EPS (diluted)$2.49—————————
Diluted shares107.07M108.04M117.71M171.30M174.84M183.13M200.43M215.76M220.52M221.11M
Gross margin90.2%93.9%97.5%98.7%99.3%99.7%99.8%100.0%——
Net margin28.4%32.7%46.5%24.8%37.7%30.8%40.5%40.7%29.1%27.2%

Balance sheet

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$155.48M$162.31M$217.64M$196.03M$248.66M$165.43M$168.00M$633.86M$640.37M$155.33M
Goodwill$635.92M$643.96M$920.94M$934.69M$910.82M$901.53M$1.04B$978.29M$967.84M$987.07M
Total assets$8.45B$8.23B$14.18B$14.06B$14.71B$15.48B$18.10B$17.98B$17.54B$17.99B
Long-term debt$4.44B$4.27B$6.38B$6.05B$6.70B$6.79B$7.88B$8.14B$8.04B$8.72B
Total debt$4.44B$4.27B$6.38B$6.05B$6.70B$6.79B$7.88B$8.14B$8.04B$8.72B
Total liabilities$5.03B$4.82B$7.35B$7.11B$7.83B$7.90B$9.09B$9.27B$9.10B$9.86B
Shareholders' equity$3.30B$3.19B$6.82B$6.94B$6.88B$7.58B$8.99B$8.70B$8.43B$8.12B

Cash flow

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$546.80M$520.66M$509.17M$812.08M$801.54M$926.48M$1.00B$1.07B$1.83B$1.28B
Free cash flow$546.80M$520.66M$509.17M$812.08M$801.54M$926.48M$1.00B$1.07B$1.83B$1.28B
Investing cash flow-$284.74M$214.24M-$266.13M-$522.77M-$539.93M-$1.57B-$1.05B-$905.88M-$1.13B-$960.14M
Financing cash flow-$282.02M-$745.47M-$24.29M-$457.78M-$210.71M$557.05M$57.89M$292.56M-$688.47M-$761.71M
Dividends paid$416.65M$431.18M$440.43M$704.40M$726.96M$764.28M$835.26M$916.53M$765.15M$790.03M
Share buybacks$0$0$1.18M$0$0—————
Stock-based compensation$21.22M$18.92M$18.29M$18.79M$15.94M$24.88M$32.84M$34.50M$40.89M$39.89M
Depreciation & amortization$276.51M$253.33M$291.44M$447.13M$442.94M$475.99M$503.40M$574.21M$487.72M$521.13M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.