W. P. Carey Inc. (WPC) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Revenue | 454.51M | 444.55M | 656.44M | 430.78M | 411.05M | 404.08M | 394.75M | 386.1M | 391.44M | 414.12M | 451.12M | 451.77M | 419.55M | 400.47M | 386.39M | 348.06M | 338.16M | 341.68M | 329.03M | 313.54M |
| Revenue Growth % | 10.57% | 10.01% | 66.29% | 11.57% | 5.01% | -2.42% | -12.5% | -14.54% | -6.7% | 3.41% | 16.75% | 29.79% | 24.07% | 17.21% | 17.43% | 11.01% | 13.17% | 0.92% | 9.2% | -6.01% |
| Property Operating Expenses | 42.94M | 335.77M | 205.66M | 48.06M | 28.25M | 29.17M | 28.76M | 32.5M | 30.12M | 33.69M | 39.59M | 32.29M | 34.02M | 25.6M | 20.6M | 15.04M | 16.57M | 14.35M | 16.73M | 13.86M |
| Net Operating Income (NOI) | 411.57M | 108.78M | 450.78M | 382.71M | 382.8M | 374.92M | 366M | 353.61M | 361.32M | 380.43M | 411.53M | 419.48M | 385.53M | 374.88M | 365.79M | 333.02M | 321.6M | 327.33M | 312.29M | 299.68M |
| NOI Margin % | 90.55% | 24.47% | 68.67% | 88.84% | 93.13% | 92.78% | 92.72% | 91.58% | 92.3% | 91.86% | 91.22% | 92.85% | 91.89% | 93.61% | 94.67% | 95.68% | 95.1% | 95.8% | 94.91% | 95.58% |
| Operating Expenses | 212.16M | -99.9M | 225.14M | 155.69M | 36.12M | 33.92M | 36.15M | 33.07M | 36.72M | 30.27M | 32.41M | 33.91M | 34.31M | 32.47M | 27.81M | 30.6M | 30.92M | 25.68M | 24.11M | 29.51M |
| G&A Expenses | 35.97M | 0 | 34.81M | 35.09M | 36.12M | 33.92M | 36.15M | 33.07M | 36.72M | 30.23M | 32.41M | 33.91M | 34.31M | 32.47M | 27.81M | 30.6M | 30.92M | 25.68M | 24.11M | 29.51M |
| EBITDA | 335.59M | 354.02M | 351.23M | 357.01M | 477.7M | 467.16M | 450.21M | 463.7M | 447.64M | 485.86M | 532.07M | 537.37M | 518.36M | 491.15M | 480.92M | 428.87M | 418.32M | 453.19M | 416.94M | 400.24M |
| EBITDA Margin % | 73.84% | 79.64% | 53.5% | 82.88% | 116.21% | 115.61% | 114.05% | 120.1% | 114.36% | 117.32% | 117.94% | 118.95% | 123.55% | 122.64% | 124.47% | 123.22% | 123.71% | 132.64% | 126.72% | 127.65% |
| Depreciation & Amortization | 136.18M | 145.34M | 125.59M | 129.99M | 131.01M | 126.16M | 120.36M | 143.17M | 123.04M | 135.71M | 152.94M | 151.8M | 167.14M | 148.74M | 142.94M | 126.45M | 127.65M | 151.54M | 128.76M | 130.08M |
| D&A / Revenue % | 29.96% | 32.69% | 19.13% | 30.18% | 31.87% | 31.22% | 30.49% | 37.08% | 31.43% | 32.77% | 33.9% | 33.6% | 39.84% | 37.14% | 37% | 36.33% | 37.75% | 44.35% | 39.13% | 41.49% |
| Operating Income | 199.41M | 208.68M | 225.64M | 227.03M | 346.68M | 341M | 329.85M | 320.54M | 324.6M | 350.16M | 379.13M | 385.57M | 351.22M | 342.41M | 337.98M | 302.42M | 290.68M | 301.65M | 288.18M | 270.17M |
| Operating Margin % | 43.87% | 46.94% | 34.37% | 52.7% | 84.34% | 84.39% | 83.56% | 83.02% | 82.92% | 84.55% | 84.04% | 85.35% | 83.71% | 85.5% | 87.47% | 86.89% | 85.96% | 88.28% | 87.59% | 86.17% |
| Interest Expense | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Interest Coverage | 2.54x | 3.03x | 2.99x | 1.90x | 2.97x | 2.99x | 2.89x | 2.74x | 2.79x | 2.84x | 2.81x | 3.00x | 2.77x | 2.79x | 3.31x | 3.73x | 3.74x | 4.13x | 3.26x | 2.96x |
| Non-Operating Income | 0 | -19.98M | 693K | 90.83M | 142.51M | 129.05M | 120.29M | 141.49M | 132.97M | 145.1M | 162.86M | 158.91M | 164.91M | 153.75M | 142.86M | 129.19M | 118.23M | 106.55M | 129.33M | 124.38M |
| Pretax Income | 191.13M | 153.25M | 149.72M | 64.4M | 137.45M | 54.81M | 120.7M | 149.07M | 167.76M | 157.96M | 130.09M | 154.71M | 309.56M | 215.63M | 112.53M | 133.97M | 164.08M | 104.66M | 146.93M | 129.58M |
| Pretax Margin % | 42.05% | 34.47% | 22.81% | 14.95% | 33.44% | 13.56% | 30.57% | 38.61% | 42.86% | 38.14% | 28.84% | 34.25% | 73.78% | 53.84% | 29.12% | 38.49% | 48.52% | 30.63% | 44.66% | 41.33% |
| Income Tax | 14.63M | -1.31M | 8.49M | 13.09M | 11.63M | 7.77M | 9.04M | 6.22M | 8.67M | 13.71M | 5.09M | 10.13M | 15.12M | 6.13M | 8.26M | 6.25M | 7.08M | 5.05M | 8.35M | 9.3M |
| Effective Tax Rate % | 7.66% | -0.85% | 5.67% | 20.33% | 8.46% | 14.18% | 7.49% | 4.17% | 5.17% | 8.68% | 3.91% | 6.55% | 4.88% | 2.84% | 7.34% | 4.67% | 4.32% | 4.83% | 5.68% | 7.18% |
| Net Income | 176.3M | 148.32M | 141M | 51.22M | 125.82M | 47.02M | 111.7M | 142.9M | 159.22M | 144.29M | 125.04M | 144.62M | 294.38M | 209.54M | 104.93M | 127.68M | 157M | 99.56M | 138.55M | 120.25M |
| Net Margin % | 38.79% | 33.36% | 21.48% | 11.89% | 30.61% | 11.64% | 28.3% | 37.01% | 40.68% | 34.84% | 27.72% | 32.01% | 70.17% | 52.32% | 27.16% | 36.68% | 46.43% | 29.14% | 42.11% | 38.35% |
| Net Income Growth % | 40.12% | 215.42% | 26.23% | -64.16% | -20.98% | -67.41% | -10.67% | -1.19% | -45.91% | -31.14% | 19.17% | 13.27% | 87.51% | 110.46% | -24.27% | 6.18% | 204.05% | -26.02% | -7.26% | 14.19% |
| Funds From Operations (FFO) | 312.49M | 293.66M | 266.58M | 181.21M | 256.84M | 173.19M | 232.06M | 286.06M | 282.26M | 280M | 277.98M | 296.42M | 461.52M | 358.28M | 247.87M | 254.13M | 284.64M | 251.11M | 267.31M | 250.32M |
| FFO Margin % | 68.75% | 66.06% | 40.61% | 42.07% | 62.48% | 42.86% | 58.79% | 74.09% | 72.11% | 67.61% | 61.62% | 65.61% | 110% | 89.46% | 64.15% | 73.01% | 84.17% | 73.49% | 81.24% | 79.84% |
| FFO Growth % | 21.67% | 69.56% | 14.88% | -36.65% | -9.01% | -38.15% | -16.52% | -3.49% | -38.84% | -21.85% | 12.15% | 16.64% | 62.14% | 42.68% | -7.27% | 1.52% | 62.32% | -2.75% | -1.55% | 10.23% |
| FFO per Share | 1.41 | 1.33 | 1.21 | 0.82 | 1.16 | 0.79 | 1.05 | 1.30 | 1.28 | 1.28 | 1.29 | 1.38 | 2.17 | 1.71 | 1.21 | 1.30 | 1.48 | 1.33 | 1.44 | 1.39 |
| FFO Payout Ratio % | 0% | 68.31% | 74.4% | 108.19% | 75.94% | 111.26% | 82.58% | 66.59% | 67.43% | 82.27% | 82.74% | 77.42% | 49.12% | 61.95% | 82.94% | 80.51% | 71.36% | 78.47% | 72.82% | 74.77% |
| EPS (Diluted) | 0.80 | 0.67 | 0.64 | 0.23 | 0.57 | 0.21 | 0.51 | 0.65 | 0.72 | 0.66 | 0.58 | 0.67 | 1.39 | 1.00 | 0.51 | 0.66 | 0.82 | 0.53 | 0.74 | 0.67 |
| EPS Growth % | 40.35% | 219.05% | 25.49% | -64.62% | -20.83% | -68.18% | -12.07% | -2.99% | -48.2% | -34% | 13.73% | 1.52% | 69.51% | 88.68% | -31.08% | -1.49% | 182.76% | -30.26% | -12.94% | 9.84% |
| EPS (Basic) | 0.80 | 0.67 | 0.64 | 0.23 | 0.57 | 0.21 | 0.51 | 0.65 | 0.72 | 0.66 | 0.58 | 0.67 | 1.39 | 1.00 | 0.52 | 0.66 | 0.82 | 0.53 | 0.75 | 0.67 |
| Diluted Shares Outstanding | 221.62M | 221.17M | 221.09M | 220.88M | 220.72M | 220.52M | 220.4M | 220.21M | 220.13M | 219.47M | 215.25M | 215.18M | 212.34M | 209.82M | 204.1M | 194.76M | 192.42M | 188.32M | 186.01M | 180.67M |