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W P Carey Inc

Real Estate US WPC

54.77USD
0.56(1.03%)

Last update at 2024-12-19T18:53:00Z

Day Range

54.0054.99
LowHigh

52 Week Range

50.2880.00
LowHigh

Fundamentals

  • Previous Close 54.21
  • Market Cap14298.96M
  • Volume628044
  • P/E Ratio17.96
  • Dividend Yield5.30%
  • EBITDA1443.12M
  • Revenue TTM1727.53M
  • Revenue Per Share TTM8.12
  • Gross Profit TTM 1399.89M
  • Diluted EPS TTM3.64

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 626.21M 438.61M 445.20M 332.75M 438.75M
Minority interest -0.65700M 0.13M 10.60M 1.30M 12.78M
Net income 599.14M 409.99M 455.36M 305.24M 411.57M
Selling general administrative 121.79M 106.77M 93.36M 101.66M 95.87M
Selling and marketing expenses - - - - -
Gross profit 1325.14M 1207.33M 1090.09M 1083.08M 792.81M
Reconciled depreciation 562.99M 547.63M 508.95M 544.91M 349.30M
Ebit 855.80M 614.71M 581.99M 588.99M 496.92M
Ebitda 1359.20M 1090.70M 1024.92M 1036.13M 846.22M
Depreciation and amortization 503.40M 475.99M 442.94M 447.13M 349.30M
Non operating income net other 233.26M 30.57M 137.56M 64.43M 257.85M
Operating income 855.80M 614.71M 581.99M 588.99M 405.50M
Other operating expenses 779.14M 706.96M 655.52M 698.48M 480.24M
Interest expense 219.16M 196.83M 210.09M 233.32M 178.38M
Tax provision 27.72M 28.49M -20.75900M 26.21M 14.41M
Interest income 155.72M 207.66M 228.64M 210.08M 116.02M
Net interest income -219.16000M -196.83100M -210.08700M -233.32500M -178.37500M
Extraordinary items - - 4.70M - -
Non recurring 68.45M 24.25M 35.83M 32.54M 4.79M
Other items - - - - -
Income tax expense 27.72M 28.49M -20.75900M 26.21M 14.41M
Total revenue 1479.09M 1331.52M 1209.32M 1232.77M 885.73M
Total operating expenses 625.20M 582.76M 536.29M 548.79M 387.31M
Cost of revenue 153.95M 124.20M 119.23M 149.68M 92.92M
Total other income expense net -229.59300M -176.10600M -136.79400M -256.23800M 211.63M
Discontinued operations - - - - -
Net income from continuing ops 598.48M 410.12M 465.95M 306.54M 424.34M
Net income applicable to common shares 599.14M 409.99M 455.36M 305.24M 411.57M
Preferred stock and other adjustments - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 18102.03M 15480.63M 14707.64M 14060.92M 14183.04M
Intangible assets 3493.50M 3229.41M 3182.33M 3095.99M 2935.43M
Earning assets - - - - -
Other current assets 150.67M -3.18000M 18.59M 104.01M 250.12M
Total liab 9093.39M 7897.18M 7829.27M 7112.74M 7352.98M
Total stockholder equity 8993.65M 7581.78M 6876.71M 6941.93M 6824.28M
Deferred long term liab 178.96M 145.57M 145.84M 179.31M 173.12M
Other current liab 228.26M 203.86M 186.51M 181.35M 172.15M
Common stock 0.21M 0.19M 0.17M 0.17M 0.17M
Capital stock 0.21M 0.19M 0.17M 0.17M 0.17M
Retained earnings -2486.63300M -2224.23100M -1850.93500M -1557.37400M -1143.99200M
Other liab 369.76M 328.86M 349.40M 390.05M 398.24M
Good will 1037.41M 901.53M 910.82M 934.69M 920.94M
Other assets 12514.40M 1794.07M 11246.98M 325.30M 241.77M
Cash 168.00M 165.43M 248.66M 196.03M 217.64M
Cash and equivalents 168.00M 165.43M 248.66M 196.03M 217.64M
Total current liabilities 852.10M 776.71M 790.18M 668.75M 576.05M
Current deferred revenue - - - - -
Net debt 7709.75M 6626.19M 6447.34M 5857.91M 6161.05M
Short term debt 0.00000M 6791.62M 6696.00M 201.27M 91.56M
Short long term debt - - - 4.59M 3.73M
Short long term debt total 7877.75M 6791.62M 6696.00M 6053.94M 6378.69M
Other stockholder equity 11706.84M 9977.69M 8925.36M 8717.53M 8187.34M
Property plant equipment 11165.69M 11875.41M 9899.43M 9016.23M 8516.61M
Total current assets 226.86M 175.52M 293.51M 357.85M 292.49M
Long term investments 15816.40M 13394.01M 12645.88M 12240.75M 12258.10M
Net tangible assets 7956.23M 6680.26M 5965.90M 6007.24M 5903.33M
Short term investments 771.76M 11.45M - - -
Net receivables 0.92M 1.83M 26.26M 57.82M 74.84M
Long term debt 7877.75M 6791.62M 6696.00M 6053.94M 12665.82M
Inventory 57.94M 11.45M 18.59M 104.01M -
Accounts payable 623.84M 572.85M 603.66M 487.40M 403.90M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity 15.00M 1.67M 1.66M 6.24M 5.78M
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -226.76800M -171.86000M -197.89200M -218.40400M -219.23000M
Additional paid in capital - - - - -
Common stock total equity 0.21M 0.19M 0.17M 0.17M 0.17M
Preferred stock total equity - - - - -
Retained earnings total equity -2486.63300M -2224.23100M -1850.93500M -1557.37400M -1143.99200M
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 12837.80M 10817.53M 10037.53M 9348.38M 711.51M
Deferred long term asset charges - - - - -
Non current assets total 17875.18M 15305.11M 14414.13M 13703.06M 13890.55M
Capital lease obligations - - - - -
Long term debt total 7877.75M 6791.62M 6696.00M 6053.94M 12665.82M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments 75.13M -290.26000M -44.06000M 61.31M 25.21M
Change to liabilities 0.00000M 0.00000M 2.68M 4.91M 9.46M
Total cashflows from investing activities -1052.53100M -1566.72700M -539.93200M -522.77300M -266.13200M
Net borrowings 399.34M 1028.80M 386.65M 763.18M 370.82M
Total cash from financing activities 57.89M 557.05M -210.71300M -457.77800M -24.29200M
Change to operating activities -14.26900M -14.25200M 3.24M -20.78300M -28.05400M
Net income 598.48M 410.12M 465.95M 306.54M 424.34M
Change in cash 6.19M -93.82900M 60.26M -172.54500M 214.39M
Begin period cash flow 217.95M 311.78M 251.52M 424.06M 209.68M
End period cash flow 224.14M 217.95M 311.78M 251.52M 424.06M
Total cash from operating activities 1003.56M 926.48M 801.54M 812.08M 509.17M
Issuance of capital stock 218.08M 339.97M 0.16M 523.29M 287.54M
Depreciation 562.99M 547.63M 508.95M 544.91M 349.30M
Other cashflows from investing activities 18.07M 30.39M 160.44M 133.59M 428.21M
Dividends paid -835.25700M -764.28100M -726.95500M -704.39600M 440.43M
Change to inventory - - - - -
Change to account receivables - - -0.08800M -0.62100M -8.01400M
Sale purchase of stock 502.37M 4082.74M 2013.34M 2207.46M -1.17800M
Other cashflows from financing activities 2981.07M -10.65600M -15.98600M -17.76600M 2546.28M
Change to netincome -51.72800M 33.54M -128.89500M 14.96M -168.05300M
Capital expenditures 104.44M 8.29M 656.31M 575.20M 395.61M
Change receivables - - -0.08800M -0.62100M -8.01400M
Cash flows other operating -4.95100M 42.66M 55.98M 72.51M -24.73600M
Exchange rate changes - - - - -
Cash and cash equivalents changes 8.91M -83.20000M 50.89M -168.47400M 218.74M
Change in working capital -14.26900M -14.25200M 3.15M -21.40400M -36.06800M
Stock based compensation 32.84M 24.88M 15.94M 18.79M 18.29M
Other non cash items -168.41700M -37.20100M -143.37600M -46.01300M -240.42000M
Free cash flow 899.12M 926.48M 801.54M 812.08M 113.56M

Peer Comparison

Sector: Real Estate Industry: REIT - Diversified

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
WPC
W P Carey Inc
0.56 1.03% 54.77 17.96 - 8.15 1.54 12.82 12.76
VICI
VICI Properties Inc
-0.175 0.61% 28.73 13.14 11.40 9.27 1.33 14.27 15.38
STKAF
Stockland
- -% 3.17 27.50 14.81 2.56 1.08 3.44 15.75
LDSCY
Land Securities Group PLC ADR
-0.45 6.12% 6.90 - 15.34 9.25 0.89 14.18 -21.893
LSGOF
Land Securities Group plc
- -% 7.03 - 14.12 8.38 0.82 14.38 -22.2006

Reports Covered

Stock Research & News

Profile

Celebrating its 50th anniversary, W. P. Carey ranks among the largest net lease REITs with a well-diversified portfolio of high-quality, operationally critical commercial real estate, which includes 1,413 net lease properties covering approximately 171 million square feet and a portfolio of 86 self-storage operating properties, pro forma for the Spin-Off of NLOP, as of September 30, 2023. With offices in New York, London, Amsterdam and Dallas, the company remains focused on investing primarily in single-tenant, industrial, warehouse and retail properties located in the U.S. and Northern and Western Europe, under long-term net leases with built-in rent escalations.

W P Carey Inc

One Manhattan West, New York, NY, United States, 10001

Key Executives

Name Title Year Born
Mr. Jason E. Fox CEO & Director 1973
Mr. John J. Park Pres 1964
Ms. Toni Ann Sanzone CPA MD & CFO 1977
Mr. Gino M. Sabatini MD & Head of Investments 1969
Mr. Brooks G. Gordon MD & Head of Asset Management 1984
Mr. John D. Miller Chief Investment Officer & MD 1945
Mr. Brian Zander Controller & Chief Accounting Officer NA
Ms. Susan C. Hyde MD, Chief Admin. Officer, Chief Ethics Officer & Corp. Sec. 1969
Mr. Peter Sands Exec. Director & Head of Investor Relations NA
Mr. Zachary Pasanen Managing Director of Investments - North America NA

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