Financials W. P. Carey Inc.

Equities

WPC

US92936U1097

Diversified REITs

Real-time Estimate Cboe BZX Other stock markets 01:08:39 2024-12-03 pm EST			5-day change	1st Jan Change
55.90 ^USD	-0.22%		-1.66%	-13.76%

Nov. 13	W. P. Carey Prices $637.4 Million Notes Offering	MT
Nov. 04	W. P. Carey Inc. acquired 123 Zabka retail stores from Zabka Polska sp. z o.o.	CI

Projected Income Statement: W. P. Carey Inc.

income-statement-evolution-chart W-P-CAREY-INC

Fiscal Period: Dicembre	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	1,233	1,209	1,332	1,479	1,741	1,578	1,676	1,790
Change	-	-1.9%	10.11%	11.08%	17.73%	-9.39%	6.22%	6.83%
EBITDA ¹	981.3	960.7	1,081	1,116	1,384	1,302	1,405	1,510
Change	-	-2.11%	12.51%	3.21%	24.07%	-5.94%	7.89%	7.53%
EBIT ¹	534.2	517.7	604.9	612.1	809.8	802.7	856.2	973
Change	-	-3.08%	16.83%	1.2%	32.29%	-0.88%	6.67%	13.64%
Interest Paid ¹	-233.3	-210.1	-196.8	-219.2	-291.9	-262.9	-284.1	-314.9
Earnings before Tax (EBT) ¹	332.8	445.2	438.6	626.2	752.3	587.4	880.5	938.1
Change	-	33.79%	-1.48%	42.77%	20.14%	-21.92%	49.9%	6.54%
Net income ¹	305.2	455.4	410	599.1	708.3	546.9	565	636.7
Change	-	49.18%	-9.96%	46.14%	18.23%	-22.8%	3.31%	12.71%
Announcement Date	2/21/20	2/12/21	2/11/22	2/10/23	2/9/24	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2019 Q4	2020 Q1	2020 Q2	2020 Q3	2020 Q4	2021 Q1	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
Net sales ¹	311.2	309	290.5	302.4	307.4	311.2	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	403	408.4	415.4	422.5	429.1	430.3	436.9	443.5
Change	-	-0.72%	-5.98%	4.09%	1.64%	1.23%	2.75%	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%	1.41%	1.34%	1.71%	1.72%	1.55%	0.29%	1.54%	1.52%
EBITDA ¹	253.8	251.6	239.6	248.5	240.3	254.6	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	338.4	338.2	347.6	354.4	358.5	364.7	375.4	383.5
Change	-	-0.85%	-4.77%	3.72%	-3.32%	5.95%	3.26%	-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%	6.13%	-0.06%	2.78%	1.96%	1.16%	1.73%	2.94%	2.14%
EBIT ¹	142.2	116	132.2	140.2	129.4	144.3	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	200	202.5	211.7	216.7	237.8	239.2	250.4	256.9
Change	-	-18.4%	13.91%	6.08%	-7.71%	11.51%	2.96%	-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%	-1.54%	1.25%	4.55%	2.35%	9.72%	0.61%	4.67%	2.61%
Charge d'intérêts ¹	-53.67	-52.54	-52.18	-52.54	-52.83	-51.64	-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	-72.73	-71.92	-72.38	-72.82	-74.07	-82.35	-87.19	-88.05
Earnings before Tax (EBT) ¹	150.9	-	122.8	155.4	142	57.43	129.6	146.9	104.7	164.1	134	-	-	309.6	154.7	130.1	215.6	167.8	149.1	120.7	149.9	142.6	149.7	154.2	151.8	149.2	153.4	159
Change	-	-100%	-	26.56%	-8.64%	-59.55%	125.63%	13.39%	-28.77%	56.76%	-18.35%	-100%	-	-	-50.02%	-15.91%	65.75%	-22.2%	-11.14%	-19.04%	24.18%	-4.87%	5.02%	3.01%	-1.59%	-1.68%	2.81%	3.64%
Net income ¹	129.4	66.09	105.3	149.4	134.6	51.63	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	132	129.4	137	140.2	149.2	138.1	142	147.1
Change	-	-48.91%	59.33%	41.88%	-9.92%	-61.63%	132.88%	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%	18.19%	-2%	5.92%	2.28%	6.47%	-7.46%	2.81%	3.64%
Announcement Date	2/21/20	5/1/20	7/31/20	10/30/20	2/12/21	4/30/21	7/30/21	10/29/21	2/11/22	4/29/22	7/29/22	11/4/22	2/10/23	4/28/23	7/28/23	11/3/23	2/9/24	4/30/24	7/30/24	10/29/24	-	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: W. P. Carey Inc.

balance-sheet-analysis-chart W-P-CAREY-INC

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	5,858	6,447	6,626	7,710	7,510	7,562	8,044	8,363
Change	-	10.05%	2.78%	16.36%	-2.59%	0.69%	6.37%	3.97%
Announcement Date	2/21/20	2/12/21	2/11/22	2/10/23	2/9/24	-	-	-

¹USD in Million

Estimates

Cash Flow Forecast: W. P. Carey Inc.

Fiscal Period: December	2024	2025	2026
CAPEX ¹	124.5	1,164	1,164
Change	-	835.06%	0%
Free Cash Flow (FCF) ¹	-	-	-
Change	-	-	-
Announcement Date	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: W. P. Carey Inc.

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Profitability
EBITDA Margin (%)	79.6%	79.44%	81.17%	75.42%	79.48%	82.51%	83.81%	84.36%
EBIT Margin (%)	43.33%	42.81%	45.43%	41.38%	46.5%	50.87%	51.09%	54.35%
EBT Margin (%)	26.99%	36.81%	32.94%	42.34%	43.2%	37.23%	52.54%	52.4%
Net margin (%)	24.76%	37.65%	30.79%	40.51%	40.68%	34.66%	33.71%	35.56%
FCF margin (%)	-	-	-	-	-	-	-	-
FCF / Net Income (%)	-	-	-	-	-	-	-	-
Profitability
ROA	2.5%	3.17%	2.72%	3.57%	3.93%	6.48%	6.36%	6.72%
ROE	4.43%	6.59%	5.67%	7.23%	8.01%	5.97%	8.82%	9.22%
Financial Health
Leverage (Debt/EBITDA)	5.97x	6.71x	6.13x	6.91x	5.43x	5.81x	5.73x	5.54x
Debt / Free cash flow	-	-	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	-	-	-	-	-	7.89%	69.45%	65.01%
CAPEX / EBITDA (%)	-	-	-	-	-	9.56%	82.87%	77.07%
CAPEX / FCF (%)	-	-	-	-	-	-	-	-
Items per share
Cash flow per share ¹	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Dividend per Share ¹	4.14	4.172	4.205	4.242	4.067	3.484	3.558	3.677
Change	-	0.77%	0.79%	0.88%	-4.13%	-14.35%	2.13%	3.36%
Book Value Per Share ¹	40.3	39.21	39.9	42.7	39.79	38.9	38.26	38.17
Change	-	-2.7%	1.77%	7.02%	-6.82%	-2.24%	-1.63%	-0.23%
EPS ¹	1.78	2.6	2.24	2.99	3.28	2.46	2.35	2.55
Change	-	46.07%	-13.85%	33.48%	9.7%	-25%	-4.47%	8.51%
Nbr of stocks (in thousands)	172,276	175,398	186,285	208,033	218,672	218,848	218,848	218,848
Announcement Date	2/21/20	2/12/21	2/11/22	2/10/23	2/9/24	-	-	-