W. P. Carey Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	472.92	460.63	708.26	598.48	410.12
Depreciation & Amortization	537.65	507.1	594.17	519.74	490.72
Stock-Based Compensation	39.89	40.89	34.5	32.84	24.88
Other Adjustments	22.86	15.14	-234.1	-133.24	15.01
Changes in Other Operating Activities	209.01	809.34	-29.4	-14.27	-14.25
Operating Cash Flow	1,282	1,833	1,073	1,004	926.48
Operating Cash Flow Growth	-30.05%	70.77%	6.96%	8.32%	15.59%
Capital Expenditures	-1,849	-1,264	-1,333	-1,250	-1,420
Sale of Property, Plant & Equipment	1,280	409.49	446.4	234.65	163.64
Purchases of Investments	-404.82	-270.38	-	-20.18	-217.71
Proceeds from Sale of Investments	-	24	28	207.63	62.05
Payments for Business Acquisitions	-	-	-	-423.44	-
Proceeds from Business Divestments	-	-	-	331.06	-
Other Investing Activities	13.05	-32.86	-47.26	-132.08	-154.23
Investing Cash Flow	-960.14	-1,134	-905.88	-1,053	-1,567
Short-Term Debt Issued	3,115	1,229	2,552	2,079	2,001
Short-Term Debt Repaid	-2,740	-1,566	-2,440	-2,168	-1,664
Net Short-Term Debt Issued (Repaid)	375.38	-337.25	111.82	-88.97	336.77
Long-Term Debt Issued	482.58	1,726	542.33	617.91	1,385
Long-Term Debt Repaid	-814.8	-1,276	-396.73	-137.61	-1,427
Net Long-Term Debt Issued (Repaid)	-332.22	449.88	145.6	480.3	-41.8
Issuance of Common Stock	-	-	633.79	502.34	1,037
Net Common Stock Issued (Repurchased)	-	-	633.79	502.34	1,037
Common Dividends Paid	-790.03	-765.15	-916.53	-835.26	-764.28
Other Financing Activities	-14.84	-35.95	317.88	-0.53	-10.66
Financing Cash Flow	-761.71	-688.47	292.56	57.89	557.05
Effect of Exchange Rate Changes on Cash and Cash Equivalents	21.22	-12.02	7.72	-2.72	-10.63
Net Cash Flow	-418.31	-1.27	467.83	6.19	-93.83
Free Cash Flow	-566.23	568.98	-259.59	-246.62	-494
FCF Margin	-32.99%	35.94%	-14.91%	-16.67%	-37.10%
Free Cash Flow Per Share	-2.56	2.58	-1.20	-1.23	-2.70
Levered Free Cash Flow	-592.38	625.78	197.5	245.77	-239.04
Unlevered Free Cash Flow	-353	736.1	-87.26	-159.7	-378.42

Updated Dec 31, 2025. Data Source: Fiscal.ai. Real Estate template. Financial Sources.