← W. P. Carey Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income From Continuing Operations | — | — | — | — | — | — | $598.5m | $708.3m | $460.6m | $472.9m | |
| Net Income (Loss) Attributable to Parent | $267.7m | $277.3m | $411.6m | $305.2m | $455.4m | $410.0m | $599.1m | $708.3m | $460.8m | $466.4m | |
| Net Income (Loss) Available to Common Stockholders, Basic | $266.9m | $276.5m | $411.2m | $305.2m | $455.4m | $410.0m | $599.1m | $708.3m | $460.8m | $466.4m | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $274.8m | $285.1m | $424.3m | $306.5m | $466.0m | $410.1m | $598.5m | $708.3m | $460.6m | $472.9m | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $267.7m | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $203.5m | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $0 | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | $0 | — | — | — | — | — | — | — | — | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $7.1m | $7.8m | $12.8m | $1.3m | $10.6m | $134k | ($657k) | ($70k) | ($209k) | $6.6m | |
| Depreciation and amortization | $276.5m | $253.3m | $291.4m | $447.1m | $442.9m | $476.0m | $503.4m | $574.2m | $487.7m | $521.1m | |
| Amortization of Intangible Assets | $163.8m | $157.8m | $174.1m | $272.0m | $226.2m | $236.6m | $229.2m | $247.5m | $186.7m | $174.7m | |
| Depreciation, Depletion and Amortization | $142.7m | $143.9m | $162.6m | $229.0m | $456.2m | $490.7m | $519.7m | $594.2m | $507.1m | $537.6m | |
| Amortization Cash Flow | — | — | — | — | — | — | $43.2m | $34.0m | $24.5m | $6.0m | |
| Amortization Of Intangibles | — | — | — | — | — | — | $43.2m | $34.0m | $24.5m | $6.0m | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $563.0m | $628.1m | $531.6m | $543.6m | |
| Depreciation, Amortization and Accretion, Net | $279.7m | $261.4m | $298.2m | $460.0m | $456.2m | $490.7m | $519.7m | $594.2m | $507.1m | $537.6m | |
| Deferred Income Tax Expense (Benefit) | ($21.4m) | ($20.0m) | ($6.3m) | $9.3m | ($49.1m) | ($4.7m) | ($8.1m) | ($199k) | ($4.2m) | ($10.9m) | |
| Deferred Income Tax | — | — | — | — | — | — | ($8.1m) | ($199k) | ($4.2m) | ($10.9m) | |
| Deferred Tax | — | — | — | — | — | — | ($8.1m) | ($199k) | ($4.2m) | ($10.9m) | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $16.3m | $12.0m | $14.0m | $15.8m | $5.4m | $3.8m | $6.6m | $13.7m | $7.0m | $14.9m | |
| Share-based Payment Arrangement, Expense | $21.2m | $18.9m | $18.3m | $18.8m | $15.9m | $24.9m | $32.8m | $34.5m | $40.9m | $39.9m | |
| Goodwill, Impairment Loss | $10.2m | — | — | — | — | — | $29.3m | $0 | $0 | — | |
| Asset Impairment Charge | — | — | — | — | — | — | $68.5m | $86.4m | $43.6m | $70.4m | |
| Income (Loss) from Equity Method Investments | $64.7m | $64.8m | $61.5m | $23.2m | ($18.6m) | ($10.8m) | $29.5m | $19.6m | $17.9m | $18.0m | |
| Gain (Loss) on Extinguishment of Debt | — | — | — | — | — | — | — | — | $10.7m | $0 | |
| Income Tax Expense (Benefit) | $3.3m | $2.7m | $14.4m | $26.2m | ($20.8m) | $28.5m | $27.7m | $44.1m | $31.7m | $31.9m | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $277.4m | $291.3m | |
| Operating Lease, Lease Income | — | — | — | $988.0m | $1.1b | $1.2b | $1.3b | $1.4b | $1.3b | $1.5b | |
| Other Nonoperating Income (Expense) | $5.7m | ($3.6m) | $29.9m | $31.5m | $46.8m | $13.9m | $30.3m | $21.4m | $52.2m | $17.0m | |
| Earnings (Loss)es From Equity Investments | — | — | — | — | — | — | ($63.4m) | ($19.6m) | ($49.8m) | ($18.0m) | |
| Income (Loss) from Equity Method Investments, Net of Dividends or Distributions | $64.7m | $64.8m | $61.5m | — | — | — | — | — | — | — | |
| Additional Financial Items | |||||||||||
| Payments of Financing Costs | $3.6m | $12.7m | $8.1m | $6.7m | $14.2m | $11.3m | $2.4m | $13.9m | $14.6m | $4.3m | |
| Foreign Currency Transaction Gain (Loss), Realized | ($3.7m) | — | — | — | — | — | — | — | — | — | |
| Gain (Loss) on Sale of Properties | $71.3m | $33.9m | $118.6m | $18.1m | $109.4m | $40.4m | $43.5m | $316.0m | $74.8m | $193.8m | |
| Gain (Loss) on Termination of Lease | — | — | — | — | $600k | $41.0m | $12.4m | $11.9m | $7.0m | $16.9m | |
| General and Administrative Expense | $82.4m | $70.9m | $68.3m | $75.3m | $76.0m | $81.9m | $89.0m | $96.0m | $99.0m | $100.7m | |
| Goodwill | $635.9m | $644.0m | $920.9m | $934.7m | $910.8m | $901.5m | $1.0b | $978.3m | $967.8m | $987.1m | |
| Nonoperating Income (Expense) | ($113.0m) | ($104.6m) | $79.5m | ($168.9m) | ($72.5m) | ($166.3m) | $14.1m | $29.0m | ($238.5m) | ($294.6m) | |
| Provision for Loan, Lease, and Other Losses | — | — | — | — | $22.3m | $266k | ($25.0m) | $29.1m | $27.6m | $27.2m | |
| Real Estate Tax Expense | $56.0m | $59.3m | — | — | — | — | — | — | — | — | |
| Beginning Cash Position | — | — | — | — | — | — | $217.9m | $224.1m | $692.0m | $690.7m | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | $57.9m | $292.6m | ($688.5m) | ($761.7m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($1.1b) | ($905.9m) | ($1.1b) | ($960.1m) | |
| Change In Other Working Capital | — | — | — | — | — | ($14.3m) | ($14.3m) | — | — | — | |
| Change In Working Capital | — | — | — | — | — | — | ($14.3m) | ($29.4m) | $2.5m | $8.8m | |
| Changes In Cash | — | — | — | — | — | — | $8.9m | $460.1m | $10.8m | ($439.5m) | |
| End Cash Position | — | — | — | — | — | — | $224.1m | $692.0m | $690.7m | $272.4m | |
| Financing Cash Flow | — | — | — | — | — | — | $57.9m | $292.6m | ($688.5m) | ($761.7m) | |
| Free Cash Flow | — | — | — | — | — | — | $1.0b | $1.1b | $1.8b | $1.3b | |
| Gain Loss On Investment Securities | — | — | — | — | — | — | ($43.5m) | ($316.0m) | ($74.8m) | ($193.8m) | |
| Investing Cash Flow | — | — | — | — | — | — | ($1.1b) | ($905.9m) | ($1.1b) | ($960.1m) | |
| Issuance Of Capital Stock | — | — | — | — | — | $340.0m | $218.1m | $0 | $0 | — | |
| Net Business Purchase And Sale | — | — | — | — | — | — | ($509.7m) | ($27.7m) | ($15.7m) | ($2.9m) | |
| Operating Gains Losses | — | — | — | — | — | — | ($183.1m) | ($326.5m) | ($3.6m) | ($7.4m) | |
| Other Non Cash Items | — | — | — | — | — | — | ($69.6m) | ($75.4m) | $713.1m | $121.8m | |
| Proceeds From Stock Option Exercised | — | — | — | — | — | — | $284.3m | $633.8m | $0 | $0 | |
| Provisionand Write Offof Assets | — | — | — | — | — | — | ($14.4m) | $29.1m | $27.6m | $27.2m | |
| Purchase Of Business | — | — | — | — | — | — | ($516.9m) | ($38.2m) | ($16.8m) | ($8.2m) | |
| Sale Of Business | — | — | — | — | — | — | $7.1m | $10.5m | $1.0m | $5.3m | |
| Stock Based Compensation | — | — | — | — | — | — | $32.8m | $34.5m | $40.9m | $39.9m | |
| Gain (Loss) on Derivative Instruments, Net, Pretax | — | — | — | ($880k) | $518k | $1.9m | $5.8m | ($6.4m) | $4.0m | ($8.5m) | |
| Net Cash Provided by (Used in) Operating Activities | $517.8m | $516.1m | $509.2m | $812.1m | $801.5m | $926.5m | $1.0b | $1.1b | $1.8b | $1.3b | |
| Cash flows from investing activities: | |||||||||||
| Net Investment Properties Purchase And Sale | — | — | — | — | — | — | ($1.0b) | ($886.6m) | ($854.6m) | ($568.4m) | |
| Net Investment Purchase And Sale | — | — | — | — | — | $0 | $0 | — | — | — | |
| Purchase Of Investment | — | — | — | — | — | $0 | $0 | — | — | — | |
| Purchase Of Investment Properties | — | — | — | — | — | — | ($1.3b) | ($1.3b) | ($1.3b) | ($1.8b) | |
| Sale Of Investment Properties | — | — | — | — | — | — | $234.7m | $446.4m | $409.5m | $1.3b | |
| Payments for (Proceeds from) Other Investing Activities | ($3.0m) | ($1.4m) | $7.7m | $8.9m | ($1.2m) | $19.6m | $19.8m | $24.5m | $12.2m | ($8.8m) | |
| Net Other Investing Changes | — | — | — | — | — | — | $472.7m | $8.5m | ($263.5m) | ($388.9m) | |
| Net Cash Provided by (Used in) Investing Activities | ($269.8m) | $225.9m | ($266.1m) | ($522.8m) | ($539.9m) | ($1.6b) | ($1.1b) | ($905.9m) | ($1.1b) | ($960.1m) | |
| Cash flows from financing activities: | |||||||||||
| Issuance Of Debt | — | — | — | — | — | — | $2.7b | $3.1b | $3.0b | $3.6b | |
| Long Term Debt Issuance | — | — | — | — | — | — | $2.7b | $3.1b | $3.0b | $3.6b | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | $391.3m | $257.4m | $112.6m | $43.2m | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | $391.3m | $257.4m | $112.6m | $43.2m | |
| Net Short Term Debt Issuance | — | — | — | — | — | $336.8m | ($89.0m) | $111.8m | — | — | |
| Short Term Debt Issuance | — | — | — | — | — | $2.0b | $2.1b | $2.6b | — | — | |
| Long Term Debt Payments | — | — | — | — | — | — | ($2.3b) | ($2.8b) | ($2.8b) | ($3.6b) | |
| Repayment Of Debt | — | — | — | — | — | — | ($2.3b) | ($2.8b) | ($2.8b) | ($3.6b) | |
| Short Term Debt Payments | — | — | — | — | — | ($1.7b) | ($2.2b) | ($2.4b) | — | — | |
| Proceeds from Issuance of Common Stock | $84.1m | $22.8m | $287.5m | $523.3m | $158k | $340.0m | $218.1m | $0 | $0 | — | |
| Common Stock Issuance | — | — | — | — | — | $340.0m | $218.1m | $0 | $0 | — | |
| Net Common Stock Issuance | — | — | — | — | — | $340.0m | $218.1m | $0 | $0 | — | |
| Payments for Repurchase of Common Stock | $0 | — | $1.2m | $0 | $0 | — | — | — | — | — | |
| Payments of Ordinary Dividends, Common Stock | $416.7m | $431.2m | $440.4m | $704.4m | $727.0m | $764.3m | $835.3m | $916.5m | $765.1m | $790.0m | |
| Proceeds from Noncontrolling Interests | $14.5m | — | $71k | $849k | $0 | $0 | $30k | $2.9m | $623k | $8.8m | |
| Proceeds from (Payments to) Noncontrolling Interests | $346k | $90.5m | — | — | — | — | — | — | — | — | |
| Dividends Payable | $107.1m | $109.8m | $172.2m | $181.3m | $186.5m | $203.9m | $228.3m | $192.3m | $197.6m | $207.5m | |
| Cash Dividends Paid | — | — | — | — | — | — | ($835.3m) | ($916.5m) | ($765.1m) | ($790.0m) | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($835.3m) | ($916.5m) | ($765.1m) | ($790.0m) | |
| Dividend Received CFO | — | — | — | — | — | — | $30.2m | $18.6m | $21.1m | $15.9m | |
| Proceeds from (Payments for) Other Financing Activities | — | — | ($1.5m) | $5.5m | $8.9m | $4.6m | $8.8m | $1.9m | ($12.8m) | $3.1m | |
| Net Other Financing Charges | — | — | — | — | — | — | ($527k) | $317.9m | ($36.0m) | ($14.8m) | |
| Net Cash Provided by (Used in) Financing Activities | ($242.8m) | ($743.4m) | ($24.3m) | ($457.8m) | ($210.7m) | $557.0m | $57.9m | $292.6m | ($688.5m) | ($761.7m) | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | ($4.4m) | ($4.1m) | $9.4m | ($10.6m) | ($2.7m) | $7.7m | ($12.0m) | $21.2m | |
| Effect Of Exchange Rate Changes | — | — | — | — | — | — | ($2.7m) | $7.7m | ($12.0m) | $21.2m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | $214.4m | ($172.5m) | $60.3m | ($93.8m) | $6.2m | $467.8m | ($1.3m) | ($418.3m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | $424.1m | $251.5m | $311.8m | $217.9m | $224.1m | $692.0m | $690.7m | $272.4m | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | $6.2m | $467.8m | ($1.3m) | ($418.3m) | |
| Income Taxes Paid, Net | $19.3m | $16.7m | $23.2m | $35.3m | $43.5m | $44.3m | $42.6m | $38.6m | $36.3m | $40.1m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.