W.P. Carey Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $466.4M | $460.8M | $708.3M | $599.1M | $410.0M | $455.4M | $305.2M | $411.6M |
| Depreciation & Amortization | $537.6M | $507.1M | $594.2M | $519.7M | $490.7M | $456.2M | $460.0M | $298.2M |
| Depreciation | — | — | — | — | — | — | $229.0M | $162.6M |
| Amortization | $174.7M | $186.7M | $247.5M | $229.2M | $236.6M | $226.2M | $272.0M | $174.1M |
| Stock-Based Compensation | — | — | — | — | — | — | — | — |
| Net Cash from Operating Activities | $1.28B | $1.83B | $1.07B | $1.00B | $926.5M | $801.5M | $812.1M | $509.2M |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | — | — | — | — | — |
| Business Acquisitions | — | $0 | $0 | $423.4M | $0 | $0 | $0 | $1.7M |
| Net Cash from Investing Activities | $-960.1M | $-1.13B | $-905.9M | $-1.05B | $-1.57B | $-539.9M | $-522.8M | $-266.1M |
| Financing Activities | ||||||||
| Dividends Paid | $790.0M | $765.1M | $916.5M | $835.3M | $764.3M | $727.0M | $704.4M | $440.4M |
| Stock Repurchases | — | — | — | — | — | $0 | $0 | $1.2M |
| Net Cash from Financing Activities | $-761.7M | $-688.5M | $292.6M | $57.9M | $557.0M | $-210.7M | $-457.8M | $-24.3M |
| Net Change in Cash | $-418.3M | $-1.3M | $467.8M | $6.2M | $-93.8M | $60.3M | $-172.5M | $214.4M |
| Free Cash Flow | — | — | — | — | — | — | — | — |