tradmap

WPC Financials W. P. Carey Inc.

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 7.3% per year over the past 5 years.
  • Net income has grown slower than revenue (0.5% vs 7.3% per year).

Financial health

  • Total debt ($8.7B) exceeds cash ($155M); net debt is $8.6B.
  • Total debt has grown in line with revenue (5.4% vs 7.3% per year).

Shareholder returns

  • Dividends have been paid for 15 consecutive years, consuming 169.4% of earnings.
  • The dividend has grown 1.7% per year over the past 5 years.
Revenue & net income
$0 $871M $2B 2011 2013 2015 2017 2019 2021 2023 2025
RevenueNet income
Margins (gross / operating / net)
0% 50% 100% 2011 2013 2015 2017 2019 2021 2023 2025
GrossOperatingNet
Free cash flow (CFO − capex)
$0 $1 $1 2011 2013 2015 2017 2019 2021 2023 2025
Free cash flow
Cash vs total debt
$0 $4B $9B 2011 2013 2015 2017 2019 2021 2023 2025
CashTotal debt
Cash flow: operating / investing / financing
-$2B $133M $2B $0 2011 2013 2015 2017 2019 2021 2023 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MFCFTotal debtCash
2025 $1.7B $466M 0.0% 0.0% $8.7B $155M
2024 $1.6B $461M 0.0% 0.0% $8.0B $640M
2023 $1.7B $708M 100.0% 0.0% $8.1B $634M
2022 $1.5B $599M 99.8% 0.0% $7.9B $168M
2021 $1.3B $410M 99.7% 0.0% $6.8B $165M
2020 $1.2B $455M 99.3% 0.0% $6.7B $249M
2019 $1.2B $305M 98.7% 0.0% $6.1B $196M
2018 $886M $412M 97.5% 0.0% $6.4B $218M
2017 $848M $277M 93.9% 0.0% $4.3B $162M
2016 $942M $268M 90.2% 0.0% $4.4B $155M
2015 $938M $172M 0.0% 22.4% $4.5B $157M
2014 $908M $240M 0.0% 24.7% $250M $199M
2013 $490M $99M 0.0% 17.5% $475M $118M
2012 $352M $62M 0.0% 26.8% $2.0B $124M
2011 $310M $139M 0.0% 0.0% $29M

Valuation over time

How the market has priced WPC against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / earnings (P/E)
0.0 17.8 35.6 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/E
Price / sales (P/S)
0.0 5.8 11.7 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/S
Dividend yield (%)
0.0 3.8 7.6 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
Dividend yield %

Frequently asked questions

Is WPC growing its revenue and profit?

Over the past 5 years, W. P. Carey Inc.'s revenue has grown 7.3% per year, and net income grown 0.5% per year. These are computed facts, not advice.

How much debt does WPC have?

As of FY2025, W. P. Carey Inc. reported $8.7B of total debt against $155M of cash.

What is WPC's profit margin?

In FY2025, gross margin was —, operating margin —, and net margin 27.2%.

What is WPC's P/E ratio?

As of Jun '26, W. P. Carey Inc. traded at a price-to-earnings ratio of about 35.0× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.