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 year
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
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 shares
107.07M
108.04M
117.71M
171.30M
174.84M
183.13M
200.43M
215.76M
220.52M
221.11M
Gross margin
90.2%
93.9%
97.5%
98.7%
99.3%
99.7%
99.8%
100.0%
—
—
Net margin
28.4%
32.7%
46.5%
24.8%
37.7%
30.8%
40.5%
40.7%
29.1%
27.2%
Balance sheet
fiscal years · USD
Fiscal year
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
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 year
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
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
Income statement
quarters · USD
Quarter ended
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Revenue
$412.44M
$389.80M
$389.67M
$397.38M
$406.17M
$409.86M
$430.78M
$431.30M
$444.55M
$454.51M
$461.06M
$468.30M
Cost of revenue
$46.00K
—
—
—
—
—
—
—
—
—
—
—
Gross profit
$412.39M
—
—
—
—
—
—
—
—
—
—
—
Interest expense
$72.19M
$68.65M
$65.31M
$72.53M
$70.88M
$68.80M
$71.80M
$75.23M
$75.43M
$78.46M
$78.98M
$80.39M
Pre-tax income
$157.96M
$167.76M
$149.07M
$120.70M
$54.81M
$137.45M
$64.40M
$149.72M
$153.25M
$191.13M
$198.75M
$151.65M
Income tax
$13.71M
$8.67M
$6.22M
$9.04M
$7.77M
$11.63M
$13.09M
$8.49M
-$1.31M
$14.63M
$13.09M
$10.52M
Net income
$144.29M
$159.22M
$142.90M
$111.70M
$47.02M
$125.82M
$51.22M
$141.00M
$148.32M
$176.30M
$185.39M
$140.95M
Diluted shares
1.33M
220.13M
220.21M
220.40M
95.21K
220.72M
220.87M
221.09M
78.72K
221.62M
227.22M
231.70M
Gross margin
100.0%
—
—
—
—
—
—
—
—
—
—
—
Net margin
35.0%
40.8%
36.7%
28.1%
11.6%
30.7%
11.9%
32.7%
33.4%
38.8%
40.2%
30.1%
Balance sheet
quarters · USD
Quarter ended
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Cash & equivalents
$633.86M
$776.97M
$1.09B
$818.19M
$640.37M
$187.81M
$244.83M
$249.03M
$155.33M
$239.27M
$163.54M
$143.39M
Goodwill
$978.29M
$974.05M
$973.20M
$979.26M
$967.84M
$974.50M
$986.47M
$986.97M
$987.07M
$983.97M
$982.61M
$982.12M
Total assets
$17.98B
$17.61B
$17.77B
$17.63B
$17.54B
$17.31B
$18.00B
$17.99B
$17.99B
$18.20B
$18.63B
$18.66B
Long-term debt
$8.14B
$7.87B
$8.10B
$7.97B
$8.04B
$7.87B
$8.64B
$8.68B
$8.72B
$8.75B
$8.85B
$8.78B
Total debt
$8.14B
$7.87B
$8.10B
$7.97B
$8.04B
$7.87B
$8.64B
$8.68B
$8.72B
$8.75B
$8.85B
$8.78B
Total liabilities
$9.27B
$8.93B
$9.13B
$9.05B
$9.10B
$8.94B
$9.77B
$9.81B
$9.86B
$9.84B
$9.95B
$9.88B
Shareholders' equity
$8.70B
$8.67B
$8.63B
$8.58B
$8.43B
$8.36B
$8.21B
$8.16B
$8.12B
$8.34B
$8.67B
$8.76B
Cash flow
quarters · USD
Quarter ended
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Operating cash flow
$260.75M
$1.04B
$221.05M
$280.17M
$296.35M
$273.21M
$403.98M
$300.49M
$304.63M
$283.24M
$333.13M
$322.20M
Free cash flow
$260.75M
$1.04B
$221.05M
$280.17M
$296.35M
$273.21M
$403.98M
$300.49M
$304.63M
$283.24M
$333.13M
$322.20M
Investing cash flow
-$113.36M
-$236.97M
-$150.19M
-$48.86M
-$697.87M
-$173.87M
-$367.98M
-$215.13M
-$203.16M
-$462.76M
-$609.93M
-$209.81M
Financing cash flow
$321.98M
-$379.04M
$61.02M
-$596.48M
$226.03M
-$581.19M
$160.94M
-$162.09M
-$179.37M
$210.99M
$187.17M
-$122.05M
Dividends paid
$230.37M
$190.33M
$190.48M
$191.65M
$192.69M
$195.05M
$196.04M
$198.33M
$200.61M
$205.33M
$208.50M
$215.55M
Stock-based compensation
$8.69M
$8.86M
$8.90M
$13.50M
$9.67M
$9.15M
$10.90M
$11.20M
$8.65M
$7.44M
$13.90M
$10.00M
Depreciation & amortization
$129.48M
$118.77M
$137.48M
$115.70M
$115.77M
$129.61M
$120.59M
$125.59M
$145.34M
$136.18M
$134.38M
$129.14M
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.