Stocks · Real estate · Real Estate Investment Trusts

W. P. Carey Inc.

WPC Clue Score46
United States Fiscal year ends December CIK 0001025378
$63.37 +0.38% Close, 9 Oct 2026
Price $63.37 −14.96% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueNet income
Fiscal year 2016Revenue0.94Net income0.27EPS, diluted2.49Fiscal year 2017Revenue0.85 −9.9%Net income0.28 +3.6%EPS, diluted2.56 +2.8%Fiscal year 2018Revenue0.89 +4.4%Net income0.41 +48.4%EPS, diluted3.49 +36.3%Fiscal year 2019Revenue1.23 +39.2%Net income0.31 −25.8%EPS, diluted1.78 −49.0%Fiscal year 2020Revenue1.21 −1.9%Net income0.46 +49.2%EPS, diluted2.60 +46.1%Fiscal year 2021Revenue1.33 +10.1%Net income0.41 −10.0%EPS, diluted2.24 −13.8%Fiscal year 2022Revenue1.48 +11.1%Net income0.60 +46.1%EPS, diluted2.99 +33.5%Fiscal year 2023Revenue1.74 +17.7%Net income0.71 +18.2%EPS, diluted3.28 +9.7%Fiscal year 2024Revenue1.58 −9.1%Net income0.46 −34.9%EPS, diluted2.09 −36.3%Fiscal year 2025Revenue1.72 +8.4%Net income0.47 +1.2%EPS, diluted2.11 +1.0%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 0.94 0.85 0.89 1.23 1.21 1.33 1.48 1.74 1.58 1.72
Growth −9.9% +4.4% +39.2% −1.9% +10.1% +11.1% +17.7% −9.1% +8.4%
Net income 0.27 0.28 0.41 0.31 0.46 0.41 0.60 0.71 0.46 0.47
Growth +3.6% +48.4% −25.8% +49.2% −10.0% +46.1% +18.2% −34.9% +1.2%
EPS, diluted 2.49 2.56 3.49 1.78 2.60 2.24 2.99 3.28 2.09 2.11
Growth +2.8% +36.3% −49.0% +46.1% −13.8% +33.5% +9.7% −36.3% +1.0%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Net margin
Fiscal year 2016Net margin28.4%Fiscal year 2017Net margin32.7%Fiscal year 2018Net margin46.5%Fiscal year 2019Net margin24.8%Fiscal year 2020Net margin37.7%Fiscal year 2021Net margin30.8%Fiscal year 2022Net margin40.5%Fiscal year 2023Net margin40.7%Fiscal year 2024Net margin29.1%Fiscal year 2025Net margin27.2%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Net margin 28.4% 32.7% 46.5% 24.8% 37.7% 30.8% 40.5% 40.7% 29.1% 27.2%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flow
Fiscal year 2016Operating cash flow0.55Buybacks0.00Dividends paid−0.42Fiscal year 2017Operating cash flow0.52Buybacks0.00Dividends paid−0.43Fiscal year 2018Operating cash flow0.51Buybacks−0.00Dividends paid−0.44Fiscal year 2019Operating cash flow0.81Buybacks0.00Dividends paid−0.70Fiscal year 2020Operating cash flow0.80Buybacks0.00Dividends paid−0.73Fiscal year 2021Operating cash flow0.93Dividends paid−0.76Fiscal year 2022Operating cash flow1.00Dividends paid−0.84Fiscal year 2023Operating cash flow1.07Dividends paid−0.92Fiscal year 2024Operating cash flow1.83Dividends paid−0.77Fiscal year 2025Operating cash flow1.28Dividends paid−0.79
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 0.55 0.52 0.51 0.81 0.80 0.93 1.00 1.07 1.83 1.28
Buybacks 0.00 0.00 −0.00 0.00 0.00 n/a n/a n/a n/a n/a
Dividends paid −0.42 −0.43 −0.44 −0.70 −0.73 −0.76 −0.84 −0.92 −0.77 −0.79

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash0.16Total debt4.44Net cash (debt)−4.29Shareholders’ equity3.30Debt to equity1.35Fiscal year 2017Cash0.16Total debt4.27Net cash (debt)−4.10Shareholders’ equity3.19Debt to equity1.34Fiscal year 2018Cash0.22Total debt6.38Net cash (debt)−6.16Shareholders’ equity6.82Debt to equity0.93Fiscal year 2019Cash0.20Total debt6.05Net cash (debt)−5.86Shareholders’ equity6.94Debt to equity0.87Fiscal year 2020Cash0.25Total debt6.70Net cash (debt)−6.45Shareholders’ equity6.88Debt to equity0.97Fiscal year 2021Cash0.17Total debt6.79Net cash (debt)−6.63Shareholders’ equity7.58Debt to equity0.90Fiscal year 2022Cash0.17Total debt7.88Net cash (debt)−7.71Shareholders’ equity8.99Debt to equity0.88Fiscal year 2023Cash0.63Total debt8.14Net cash (debt)−7.51Shareholders’ equity8.70Debt to equity0.94Fiscal year 2024Cash0.64Total debt8.04Net cash (debt)−7.40Shareholders’ equity8.43Debt to equity0.95Fiscal year 2025Cash0.16Total debt8.72Net cash (debt)−8.57Shareholders’ equity8.12Debt to equity1.07
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 0.16 0.16 0.22 0.20 0.25 0.17 0.17 0.63 0.64 0.16
Total debt 4.44 4.27 6.38 6.05 6.70 6.79 7.88 8.14 8.04 8.72
Net cash (debt) −4.29 −4.10 −6.16 −5.86 −6.45 −6.63 −7.71 −7.51 −7.40 −8.57
Shareholders’ equity 3.30 3.19 6.82 6.94 6.88 7.58 8.99 8.70 8.43 8.12
Debt to equity 1.35 1.34 0.93 0.87 0.97 0.90 0.88 0.94 0.95 1.07

In billions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Cash flow

In billions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Operations
0.55 0.52 0.51 0.81 0.80 0.93 1.00 1.07 1.83 1.28
Growth −4.8% −2.2% +59.5% −1.3% +15.6% +8.3% +7.0% +70.8% −30.0%
0.28 0.26 0.30 0.46 0.46 0.49 0.52 0.59 0.51 0.54
Investment
−0.28 0.21 −0.27 −0.52 −0.54 −1.57 −1.05 −0.91 −1.13 −0.96
Financing
−0.28 −0.75 −0.02 −0.46 −0.21 0.56 0.06 0.29 −0.69 −0.76
−0.42 −0.43 −0.44 −0.70 −0.73 −0.76 −0.84 −0.92 −0.77 −0.79
0.00 0.00 −0.00 0.00 0.00 n/a n/a n/a n/a n/a

Capital expenditure, dividends and buybacks are shown as money out, so negative.