W.P. Carey Inc.

WPC ·Real Estate, REIT - Diversified, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2026 FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019
Revenue $1.72B $1.58B $1.74B $1.48B $1.33B $1.21B $1.23B
Cost of Revenue $368.0K $2.5M $4.0M $8.9M $16.5M
Gross Profit $1.74B $1.48B $1.33B $1.20B $1.22B
Gross Margin 100.0% 99.8% 99.7% 99.3% 98.7%
Operating Expenses
Research & Development
SG&A Expense $100.7M $99.0M $96.4M $91.5M $81.9M $76.0M $75.3M
Operating Income $772.3M $748.9M $1.04B $845.4M $635.4M $655.3M $566.1M
Operating Margin 45.0% 47.3% 60.0% 57.2% 47.7% 54.2% 45.9%
Interest Expense $267.5M $256.6M $291.9M $219.2M $196.8M $210.1M $233.3M
Pretax Income $504.8M $492.3M $752.3M $626.2M $438.6M $445.2M $332.8M
Income Tax Expense $31.9M $31.7M $44.1M $27.7M $28.5M $-20.8M $26.2M
Net Income $466.4M $460.8M $708.3M $599.1M $410.0M $455.4M $305.2M
Net Margin 27.2% 29.1% 40.7% 40.5% 30.8% 37.7% 24.8%
EPS (Basic) $2.11 $2.09 $3.29 $3.00 $2.25 $2.61 $1.78
EPS (Diluted) $2.11 $2.09 $3.28 $2.99 $2.24 $2.60 $1.78
Shares Outstanding (Basic) 219.1M 220.5M 220.2M 215.4M 199.6M 182.5M 174.5M 171.0M
Shares Outstanding (Diluted) 219.1M 221.1M 220.5M 215.8M 200.4M 183.1M 174.8M 171.3M
Dividends Per Share $3.62 $3.49 $4.07 $4.24 $4.21 $4.17 $4.14
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