Item 1. Business Formed on May 25, 1993, Camden Property Trust, a Texas real estate investment trust ("REIT"), and all consolidated subsidiaries are primarily engaged in the ownership, management, development, reposition, redevelopment, acquisition, and construction of multifamily apartment communities. Unless the context requires otherwise, "we," "our," "us," and the "Company" refer to Camden Property Trust and its consolidated subsidiaries. Our multifamily apartment communities are referred to as "communities," "multifamily communities," "properties," or "multifamily properties" in the following discussion. Our website is located at www.camdenliving.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 0 | - | - | - | - | - |
| Net Income | 384M | 384M | 163M | 403M | 654M | 304M |
| EPS | $3.54 | $3.54 | $1.50 | $3.70 | $6.04 | $2.96 |
| Free Cash Flow | 795M | 795M | 751M | 771M | 725M | 553M |
| ROIC | 6.6% | 6.7% | 3.7% | 6.8% | 9.4% | 6.5% |
| Gross Margin | - | - | - | - | - | - |
| Debt/Equity | 0.82 | 0.82 | 0.67 | 0.68 | 0.63 | 0.76 |
| Dividends/Share | $4.24 | $4.20 | $4.12 | $4.00 | $3.76 | $3.32 |
| Operating Income | 527M | 527M | 296M | 540M | 770M | 403M |
| Operating Margin | 0.0% | - | - | - | - | - |
| ROE | 8.8% | 8.5% | 3.5% | 8.1% | 13.1% | 7.2% |
| Shares Outstanding | 109M | 109M | 109M | 109M | 108M | 103M |
CAMDEN PROPERTY TRUST passes 3 of 9 quality checks, indicating weak fundamentals.
CAMDEN PROPERTY TRUST trades at 28.5x trailing earnings, compared to its 15-year median P/E of 35.8x, suggesting it is currently Fair relative to its historical range. On a free-cash-flow basis, the stock trades at 13.1x vs a median of 15.5x. The company's 5-year average ROIC is 6.6%. Total shareholder yield (dividends + buybacks) is 6.7%. At current prices, the estimated annualized return to fair value is +7.1%.
CAMDEN PROPERTY TRUST (CPT) has a current P/E ratio of 28.5, compared to its historical median P/E of 35.8. The stock is currently considered Fair based on its historical valuation range.
CAMDEN PROPERTY TRUST (CPT) has a 5-year average return on invested capital (ROIC) of 6.6%. This is below average and may indicate limited pricing power.
CAMDEN PROPERTY TRUST (CPT) has a market capitalization of $10.9B. It is classified as a large-cap stock.
Yes, CAMDEN PROPERTY TRUST (CPT) pays a dividend with a trailing twelve-month yield of 4.21%. The company also returns capital through share buybacks, with a buyback yield of 2.47%.
Based on historical P/E analysis, CAMDEN PROPERTY TRUST (CPT) appears fair. The current P/E of 28.5 is 20% below its historical median of 35.8. The estimated fair value CAGR (P/E method) is 7.6%.
CAMDEN PROPERTY TRUST (CPT) operates in the Real Estate Investment Trusts industry, within the Real Estate sector.
CAMDEN PROPERTY TRUST (CPT) generated $795 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
CAMDEN PROPERTY TRUST (CPT) has a debt-to-equity ratio of 0.82. This indicates moderate leverage.
CAMDEN PROPERTY TRUST (CPT) reported earnings per share (EPS) of $3.54 in its most recent fiscal year.
CAMDEN PROPERTY TRUST (CPT) has a return on equity (ROE) of 8.5%. This indicates moderate shareholder returns.
The Ledger Terminal provides 18 years of financial data for CAMDEN PROPERTY TRUST (CPT), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
CAMDEN PROPERTY TRUST (CPT) has a book value per share of $40.17, based on its most recent annual SEC filing.