W. P. Carey Inc. (LON:0LS8)

W. P. Carey Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	1,403	1,332	1,427	1,302	1,177	1,081
Property Management Fees	5.67	6.6	2.18	8.47	15.36	22.47
Other Revenue	156.76	164.74	199.83	88.74	2.65	-7.19
Total Revenue	1,636	1,576	1,737	1,473	1,263	1,171
Revenue Growth (YoY	0.29%	-9.22%	17.89%	16.63%	7.88%	-3.43%
Property Expenses	116.52	120.54	139.59	77.81	57.75	53.97
Selling, General & Administrative	98.05	98.97	96.4	91.47	81.89	77.42
Depreciation & Amortization	481.68	487.72	574.21	503.4	475.99	442.94
Other Operating Expenses	33.11	31.42	57.57	38.12	8.76	45.33
Total Operating Expenses	772.58	779.55	902.27	743.64	649.27	635.59
Operating Income	863.49	796.84	834.29	729.45	613.74	535.21
Interest Expense	-284.01	-277.37	-291.85	-219.16	-196.83	-209.98
Interest & Investment Income	30.68	39.72	6.96	-	0.12	0.37
Currency Exchange Gain (Loss)	-74.85	24.01	9.03	6.33	2.36	8.15
Other Non-Operating Income	-192.91	-159.92	-33.67	120.02	26.7	37.33
EBT Excluding Unusual Items	342.44	423.28	524.76	636.64	446.08	371.07
Merger & Restructuring Charges	-5.21	-4.46	0.15	-14.49	4.55	-0.25
Impairment of Goodwill	-	-	-	-29.33	-	-
Gain (Loss) on Sale of Investments	-37.24	31.85	-	33.93	-	0.83
Gain (Loss) on Sale of Assets	116.62	74.82	315.98	43.48	40.43	109.37
Asset Writedown	-39.05	-43.6	-86.41	-39.12	-24.25	-35.83
Other Unusual Items	-0.21	10.45	-2.16	-4.9	-28.2	-
Pretax Income	377.36	492.34	752.32	626.21	438.61	445.2
Income Tax Expense	41.54	31.71	44.05	27.72	28.49	-20.76
Earnings From Continuing Operations	335.82	460.63	708.26	598.48	410.12	465.96
Net Income to Company	335.82	460.63	708.26	598.48	410.12	465.96
Minority Interest in Earnings	-0.05	0.21	0.07	0.66	-0.13	-10.6
Net Income	335.77	460.84	708.33	599.14	409.99	455.36
Net Income to Common	335.77	460.84	708.33	599.14	409.99	455.36
Net Income Growth	-41.24%	-34.94%	18.22%	46.14%	-9.96%	49.18%
Basic Shares Outstanding	220	220	215	200	182	175
Diluted Shares Outstanding	221	221	216	200	183	175
Shares Change (YoY)	0.86%	2.21%	7.65%	9.45%	4.74%	2.07%
EPS (Basic)	1.52	2.09	3.29	3.00	2.25	2.61
EPS (Diluted)	1.52	2.09	3.28	2.99	2.24	2.60
EPS Growth	-41.69%	-36.28%	9.70%	33.48%	-13.85%	46.07%
Dividend Per Share	3.545	3.490	4.067	4.242	4.205	4.172
Dividend Growth	-3.30%	-14.19%	-4.13%	0.88%	0.79%	0.77%
Operating Margin	52.78%	50.55%	48.04%	49.52%	48.59%	45.71%
Profit Margin	20.52%	29.23%	40.79%	40.67%	32.46%	38.89%
EBITDA	1,366	1,310	1,442	1,292	1,161	1,044
EBITDA Margin	83.52%	83.07%	83.03%	87.74%	91.95%	89.18%
D&A For Ebitda	502.9	512.73	607.58	562.99	547.63	508.95
EBIT	863.49	796.84	834.29	729.45	613.74	535.21
EBIT Margin	52.78%	50.55%	48.04%	49.52%	48.59%	45.71%
Funds From Operations (FFO)	714.8	894.34	1,061	-	-	-
FFO Per Share	3.24	4.06	4.92	-	-	-
Adjusted Funds From Operations (AFFO)	-	1,036	1,118	-	-	-
AFFO Per Share	-	4.70	5.18	-	-	-
FFO Payout Ratio	108.48%	85.55%	86.37%	-	-	-
Effective Tax Rate	11.01%	6.44%	5.86%	4.43%	6.49%	-
Revenue as Reported	3,216	3,155	3,479	2,947	1,332	1,209

Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.