Discontinued — last reported Q4 '23
Business Segments · Interest Expense
Real Estate — Interest Expense
W.P. Carey Inc. Real Estate — Interest Expense decreased by 6.2% to $72.19M in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 6.7%, from $67.67M to $72.19M. Over 2 years (FY 2021 to FY 2023), Real Estate — Interest Expense shows an upward trend with a 21.8% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryLeverage
SignalLower is better
VolatilityStable
First reportedQ1 2015
Last reportedQ4 2023Feb 9, 2024
Rolls up toInterest Expense
How to read this metric
Lower interest expense relative to total assets indicates a stronger balance sheet and lower financial risk.
Detailed definition
The cost of servicing debt obligations incurred to finance the acquisition and development of the real estate portfolio....
Peer comparison
Standard 'Interest Expense' reported by all capital-intensive companies.
Metric ID:
wpc_segment_real_estate_interest_expenseHistorical Data
11 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $49.25M | $48.73M | $47.21M | $46.05M | $46.42M | $59.02M | $67.67M | $67.20M | $75.49M | $76.97M | $72.19M |
| QoQ Change | — | -1.1% | -3.1% | -2.4% | +0.8% | +27.2% | +14.6% | -0.7% | +12.3% | +2.0% | -6.2% |
| YoY Change | — | — | — | — | -5.8% | +21.1% | +43.3% | +45.9% | +62.6% | +30.4% | +6.7% |
Range$46.05M – $76.97M
CAGR+16.5%
Avg YoY Growth+29.2%
Median YoY Growth+30.4%
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Frequently Asked Questions
- What is W.P. Carey Inc.'s real estate — interest expense?
- W.P. Carey Inc. (WPC) reported real estate — interest expense of $72.19M in Q4 2023.
- How has W.P. Carey Inc.'s real estate — interest expense changed year-over-year?
- W.P. Carey Inc.'s real estate — interest expense increased by 6.7% year-over-year, from $67.67M to $72.19M.
- What is the long-term trend for W.P. Carey Inc.'s real estate — interest expense?
- Over 2 years (2021 to 2023), W.P. Carey Inc.'s real estate — interest expense has grown at a 21.8% compound annual growth rate (CAGR), from $196.83M to $291.85M.
- What does real estate — interest expense mean?
- The total interest paid on the company's debt.