Financials W. P. Carey Inc.

Equities

WPC

US92936U1097

Diversified REITs

Market Closed - Nyse Other stock markets 01:30:02 15/05/2026 am IST			5-day change	1st Jan Change
73.69 ^USD	-0.35%		-0.28%	+14.50%

12/05	W. P. Carey Reports Year-to-Date Investment Volume of $1.1 Billion	MT
30/04	RBC Lifts Price Target on W. P. Carey to $73 From $72, Keeps Sector Perform Rating	MT

Projected Income Statement: W. P. Carey Inc.

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Net sales ¹	1,332	1,479	1,741	1,583	1,716	1,845	1,975	2,120
Change	-	11.08%	17.73%	-9.09%	8.43%	7.47%	7.03%	7.38%
EBITDA ¹	1,081	1,116	1,384	1,262	1,391	1,556	1,680	1,794
Change	-	3.21%	24.07%	-8.8%	10.2%	11.83%	8.03%	6.74%
EBIT ¹	604.9	612.1	809.8	774.5	869.8	995.1	1,062	1,193
Change	-	1.2%	32.29%	-4.36%	12.31%	14.4%	6.74%	12.31%
Interest Paid ¹	-196.8	-219.2	-291.9	-277.4	-291.3	-309.3	-326.8	-364.9
Earnings before Tax (EBT) ¹	438.6	626.2	752.3	492.3	504.8	616.3	914.6	1,130
Change	-	42.77%	20.14%	-34.56%	2.54%	22.09%	48.38%	23.56%
Net income ¹	410	599.1	708.3	460.8	466.4	635.6	669.8	742.5
Change	-	46.14%	18.23%	-34.94%	1.2%	36.29%	5.38%	10.85%
Announcement Date	11/02/22	10/02/23	09/02/24	11/02/25	10/02/26	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1	2027 Q2	2027 Q3	2027 Q4	2028 Q1
Net sales ¹	319.7	325.8	374.9	348.4	344.4	383.6	402.6	427.8	452.6	448.6	412.4	389.8	389.7	397.4	406.2	409.9	430.8	431.3	444.5	454.5	454.1	461.3	469.1	476.8	486.9	497.8	506.5	-
Change	-	1.89%	15.08%	-7.05%	-1.16%	11.39%	4.95%	6.25%	5.79%	-0.89%	-8.05%	-5.49%	-0.03%	1.98%	2.21%	0.91%	5.1%	0.12%	3.07%	2.24%	-0.09%	1.58%	1.7%	1.62%	2.13%	2.24%	1.75%	-
EBITDA ¹	262.9	253.4	310	265.2	272.7	269	308.6	349.4	364.4	351.9	328.1	302.6	294.1	318.9	325.4	327.8	347.4	351.2	364.4	375.6	385.4	390.8	394.9	404.6	415.7	421	424	432.3
Change	-	-3.62%	22.35%	-14.45%	2.83%	-1.37%	14.72%	13.23%	4.3%	-3.44%	-6.76%	-7.78%	-2.79%	8.4%	2.05%	0.76%	5.97%	1.09%	3.76%	3.07%	2.6%	1.4%	1.06%	2.45%	2.74%	1.28%	0.72%	1.95%
EBIT ¹	148.5	137.7	174.3	149.8	157.6	136.8	167.8	193	220.9	207.1	198.6	183.8	156.7	203.2	209.6	198.2	226.8	225.6	219.1	239.4	245.3	247.5	249.1	255.2	269.2	273.2	272.8	285
Change	-	-7.28%	26.59%	-14.07%	5.22%	-13.21%	22.68%	14.99%	14.45%	-6.23%	-4.11%	-7.46%	-14.77%	29.68%	3.18%	-5.43%	14.43%	-0.53%	-2.9%	9.28%	2.44%	0.92%	0.66%	2.42%	5.5%	1.47%	-0.12%	4.47%
Charge d'intérêts ¹	-49.25	-48.73	-47.21	-46.05	-46.42	-59.02	-67.67	-67.2	-75.49	-76.97	-72.19	-68.65	-65.31	-72.53	-70.88	-68.8	-71.8	-75.23	-75.43	-	-76.1	-76.72	-78.65	-78.73	-81.21	-81.69	-82.47	-
Earnings before Tax (EBT) ¹	129.6	146.9	104.7	164.1	134	-	-	309.6	154.7	130.1	215.6	167.8	149.1	120.7	54.81	137.4	64.4	149.7	153.3	191.1	136.9	143.7	144.7	164.1	169.4	173.5	179	-
Change	-	13.39%	-28.77%	56.76%	-18.35%	-	-	-	-50.02%	-15.91%	65.75%	-22.2%	-11.14%	-19.04%	-54.59%	150.77%	-53.14%	132.47%	2.36%	24.72%	-28.36%	4.92%	0.7%	13.44%	3.2%	2.43%	3.18%	-
Net income ¹	120.2	138.5	99.56	157	127.7	104.9	209.5	294.4	144.6	125	144.3	159.2	142.9	111.7	47.02	125.8	51.22	141	148.3	176.3	151.8	154.7	156.9	164.9	168.4	173.3	178.3	-
Change	-	15.22%	-28.14%	57.69%	-18.67%	-17.82%	99.7%	40.49%	-50.87%	-13.54%	15.4%	10.35%	-10.25%	-21.83%	-57.9%	167.58%	-59.29%	175.28%	5.19%	18.87%	-13.87%	1.9%	1.4%	5.09%	2.13%	2.91%	2.91%	-
Announcement Date	30/07/21	29/10/21	11/02/22	29/04/22	29/07/22	04/11/22	10/02/23	28/04/23	28/07/23	03/11/23	09/02/24	30/04/24	30/07/24	29/10/24	11/02/25	29/04/25	29/07/25	28/10/25	10/02/26	28/04/26	-	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: W. P. Carey Inc.

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Net Debt ¹	6,626	7,710	7,510	7,399	8,567	8,743	8,804	8,508
Change	-	16.36%	-2.59%	-1.48%	15.79%	2.05%	0.7%	-3.36%
Announcement Date	11/02/22	10/02/23	09/02/24	11/02/25	10/02/26	-	-	-

¹USD in Million

Estimates

Cash Flow Forecast: W. P. Carey Inc.

Fiscal Period: December	2026	2027	2028
CAPEX ¹	985.2	367.4	361.3
Change	-	-62.71%	-1.68%
Free Cash Flow (FCF) ¹	-	-	-
Change	-	-	-
Announcement Date	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: W. P. Carey Inc.

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Profitability
EBITDA Margin (%)	81.17%	75.42%	79.48%	79.73%	81.03%	84.32%	85.11%	84.6%
EBIT Margin (%)	45.43%	41.38%	46.5%	48.92%	50.67%	53.94%	53.79%	56.26%
EBT Margin (%)	32.94%	42.34%	43.2%	31.1%	29.41%	33.41%	46.32%	53.3%
Net margin (%)	30.79%	40.51%	40.68%	29.11%	27.17%	34.45%	33.92%	35.02%
FCF margin (%)	-	-	-	-	-	-	-	-
FCF / Net Income (%)	-	-	-	-	-	-	-	-
Profitability
ROA	2.72%	3.57%	3.93%	2.6%	2.63%	7%	7.29%	7.95%
ROE	5.67%	7.23%	8.01%	5.38%	5.64%	7.89%	10.63%	11.3%
Financial Health
Leverage (Debt/EBITDA)	6.13x	6.91x	5.43x	5.86x	6.16x	5.62x	5.24x	4.74x
Debt / Free cash flow	-	-	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	-	-	-	-	-	53.41%	18.61%	17.04%
CAPEX / EBITDA (%)	-	-	-	-	-	63.34%	21.86%	20.14%
CAPEX / FCF (%)	-	-	-	-	-	-	-	-
Items per share
Cash flow per share ¹	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Dividend per Share ¹	4.205	4.242	4.067	3.49	3.62	3.725	3.815	3.949
Change	-	0.88%	-4.13%	-14.19%	3.72%	2.89%	2.44%	3.51%
Book Value Per Share ¹	39.9	42.7	39.79	38.57	37.04	36.99	37.16	41.65
Change	-	7.02%	-6.82%	-3.06%	-3.95%	-0.14%	0.45%	12.09%
EPS ¹	2.24	2.99	3.28	2.09	2.11	2.87	2.667	2.46
Change	-	33.48%	9.7%	-36.28%	0.96%	36.02%	-7.08%	-7.75%
Nbr of stocks (in thousands)	1,86,285	2,08,033	2,18,672	2,18,848	2,19,145	2,22,739	2,22,739	2,22,739
Announcement Date	11/02/22	10/02/23	09/02/24	11/02/25	10/02/26	-	-	-