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W.P. Carey Inc. WPC Asset Management Income — Dealer Manager Feesand Expenses

Discontinued — last reported Q2 '17

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NRZ
NRZManagement fees — Revenue

Other financials

Income statement

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Revenue$454.5M+10.9%
Gross profit$412.4M+2.5%
Net income$176.3M+40.1%
EPS (diluted)$0.80+40.4%

Balance sheet

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Cash & equivalents$287.7M+32.2%
Total debt$9.3B+5.5%
Total equity$8.3B-0.2%
Total assets$18.2B+5.2%

Cash flow

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Operating cash flow$283.2M+3.7%

Valuation

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Market cap$15.86B+7.8%
Enterprise value$24.91B+6.7%
P/E30.7×-3.7×
P/S-0.2×

Profitability

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Gross margin100%+0.1pp
Net margin29.3%+2.7pp
FCF margin62.2%

Returns & leverage

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Return on equity6.2%+1.2pp
Debt / equity1.1×+0.1×

Where this comes from

Reported directly by W.P. Carey Inc. in its filing.

Tagged under the XBRL concept wpc:DealerManagerFeesandExpenses.

The official record: W.P. Carey Inc.’s 10-Q, filed August 4, 2017, on SEC EDGAR. View the filing →

Questions, answered.

What does asset management income — dealer manager feesand expenses mean?
The costs incurred to distribute and market investment products through third-party dealers.
How do you interpret asset management income — dealer manager feesand expenses?
Higher costs reflect active capital raising or product distribution efforts, while lower costs may indicate reduced distribution activity.
How does asset management income — dealer manager feesand expenses compare across companies?
Common in REITs or asset managers that utilize external distribution networks for capital raising.