W. P. Carey Inc.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $848.3M | $941.5M | $938.4M | $908.4M | $489.9M | $352.4M | $309.7M | $260.6M |
| Cost of Revenue | $51.4M | $91.9M | — | — | — | — | — | — |
| Gross Profit | $796.9M | $849.7M | — | — | — | — | — | — |
| Gross Margin | 93.9% | 90.2% | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $70.9M | $82.4M | $103.2M | $91.6M | $67.1M | $68.9M | $75.9M | $73.4M |
| Operating Income | $453.6M | $461.5M | $209.9M | $223.9M | $85.9M | $94.3M | $208.5M | $125.3M |
| Operating Margin | 53.5% | 49.0% | 22.4% | 24.7% | 17.5% | 26.8% | 67.3% | 48.1% |
| Interest Expense | $165.8M | $183.4M | $194.3M | $178.1M | $103.7M | $46.4M | $18.2M | $15.6M |
| Pretax Income | $287.8M | $278.1M | $216.4M | $228.8M | $95.6M | $91.9M | $190.3M | $109.6M |
| Income Tax Expense | $2.7M | $3.3M | $37.6M | $17.6M | $1.3M | $6.8M | $37.2M | $25.8M |
| Net Income | $277.3M | $267.7M | $172.3M | $239.8M | $98.9M | $62.1M | $139.1M | $74.0M |
| Net Margin | 32.7% | 28.4% | 18.4% | 26.4% | 20.2% | 17.6% | 44.9% | 28.4% |
| EPS (Basic) | $2.56 | $2.50 | $1.62 | $2.42 | $1.43 | $1.30 | $3.44 | $1.86 |
| EPS (Diluted) | $2.56 | $2.49 | $1.61 | $2.39 | $1.41 | $1.28 | $3.42 | $1.86 |
| Shares Outstanding (Basic) | 107.8M | 106.7M | 105.7M | 98.8M | 68.7M | 47.4M | 39.8M | 39.5M |
| Shares Outstanding (Diluted) | 108.0M | 107.1M | 106.5M | 99.8M | 69.7M | 48.1M | 40.1M | 40.0M |
| Dividends Per Share | $4.01 | $3.93 | $3.83 | $3.69 | $3.39 | $2.44 | $2.19 | $2.03 |