W. P. Carey Inc. (WPC) Financial Statements

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W. P. Carey financial statements at a glance

W. P. Carey reported revenue of $1.72 billion for fiscal year 2025 (ended December 31, 2025), up 8.4% from fiscal year 2024. Net income was $466.36 million, a net margin of 27.2%.

At the end of fiscal year 2025 it had total assets of $17.99 billion, total liabilities of $9.87 billion and shareholders' equity of $8.12 billion, with total debt of $8.72 billion.

Its operations brought in $1.28 billion of cash.

The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.

Figures from company filings, in USD; latest fiscal year ended December 31, 2025.

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W. P. Carey Inc.

WPCUnited States
Financial Services
USD (Local)

Income Statement

Annual • USD

Revenue
1.72B
Prev Year: 1.58B
YoY: +8.4%
Total Revenue
-
Cost of Revenue
182.75M
Prev Year: 176.52M
YoY: +3.5%
Write-offs
-
Gross Profit
1.53B
Prev Year: 1.41B
YoY: +9.0%
SG&A Expenses
140.57M
Prev Year: 139.86M
YoY: +0.5%
Operating Expense
-
Depreciation/Amortization
521.13M
Prev Year: 487.72M
YoY: +6.8%
Operating Expenses
917.05M
Prev Year: 841.71M
YoY: +9.0%
Net Non Operating Interest Income Expense
-
Operating Income
799.43M
Prev Year: 741.31M
YoY: +7.8%
Other Income Expense
-
Interest Inc.(Exp.),Net-Non-Op., Total
-460.37M
Prev Year: -214.19M
YoY: -114.9%
Pre-tax Income
-
Other, Net
-28.04M
Prev Year: -109.60M
YoY: +74.4%
Net Income Before Taxes
504.82M
Prev Year: 492.34M
YoY: +2.5%
Net Income Common Stockholders
-
Provision for Income Taxes
31.91M
Prev Year: 31.71M
YoY: +0.6%
Diluted NI Available to Com Stockholders
-
Net Income After Taxes
472.92M
Prev Year: 460.63M
YoY: +2.7%
Basic EPS
-
Net Income Before Extra. Items
466.36M
Prev Year: 460.84M
YoY: +1.2%
Diluted EPS
-
Net Income
466.36M
Prev Year: 460.84M
YoY: +1.2%
Weighted Average Shares (basic)
-
Income Available to Com Excl ExtraOrd
466.36M
Prev Year: 460.84M
YoY: +1.2%
Weighted Average Shares (diluted)
-
Income Available to Com Incl ExtraOrd
466.36M
Prev Year: 460.84M
YoY: +1.2%
Total Expenses
-
Diluted Net Income
466.36M
Prev Year: 460.84M
YoY: +1.2%
Net Income from Continuing and Discontinued Operation
-
Diluted Weighted Average Shares
221.11M
Prev Year: 220.52M
YoY: +0.3%
Normalized Income
-
Diluted EPS Excluding ExtraOrd Items
2.109
Prev Year: 2.09
YoY: +0.9%
Interest Expense
-
DPS - Common Stock Primary Issue
3.466
Prev Year: 3.312
YoY: +4.6%
Net Interest Income
-
Gain (Loss) on Sale of Assets
193.79M
Prev Year: 74.82M
YoY: +159.0%
EBIT
-
Diluted Normalized EPS
1.596
Prev Year: 1.932
YoY: -17.4%
EBITDA
-
Unusual Expense (Income)
72.61M
Prev Year: 37.61M
YoY: +93.1%
Reconciled Cost of Revenue
-
Minority Interest
-6.56M
Prev Year: 209.0K
YoY: -3236.8%
Reconciled Depreciation
-
Values in USD

W. P. Carey key figures by fiscal year

FY2025FY2024FY2023FY2022FY2021
Revenue$1.7B$1.6B$1.7B$1.5B$1.3B
Gross profit$1.5B$1.4B$1.5B$1.3B$1.2B
Operating income$799.4M$741.3M$726.3M$612.1M$624.6M
Net income$466.4M$460.8M$708.3M$599.1M$410.0M
Diluted EPS––––$2.24
Total assets$18.0B$17.5B$18.0B$18.1B$15.5B
Total liabilities$9.9B$9.1B$9.3B$9.1B$7.9B
Shareholders' equity$8.1B$8.4B$8.7B$9.0B$7.6B
Cash––––$165.4M
Total debt$8.7B$8.0B$8.1B$7.9B$6.8B
Operating cash flow$1.3B$1.8B$1.1B$1.0B$926.5M
Free cash flow––––$926.5M

In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2020.

Questions and answers

What was W. P. Carey's revenue in fiscal year 2025?

$1.72 billion, up 8.4% from $1.58 billion in fiscal year 2024.

How much profit does W. P. Carey make?

W. P. Carey reported net income of $466.36 million for fiscal year 2025 (27.2% of revenue); operating income was $799.43 million.

How much cash and debt does W. P. Carey have?

At the end of fiscal year 2025: total debt of $8.72 billion.

Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.
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