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CPT

Camden Property Trust

CPT

Camden Property Trust • NYSE
$106.34 ▲ 0.29% (+0.31)
Market Cap $11.31 B
52w High $126.55
52w Low $97.17
Dividend Yield 4.18%
P/E 43.05
Volume 382.27K
Outstanding Shares 106.40M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $395.676M ▼ $176.521M ▲ $108.934M ▲ 27.531% ▲ $1 ▲ $308.828M ▲
Q2-2025 $396.509M ▲ $170.658M ▲ $80.67M ▲ 20.345% ▲ $0.74 ▲ $271.308M ▲
Q1-2025 $390.565M ▲ $165.473M ▲ $38.822M ▼ 9.94% ▼ $0.36 ▼ $224.368M ▲
Q4-2024 $386.319M ▼ $162.607M ▼ $40.691M ▲ 10.533% ▲ $0.37 ▲ $221.22M ▲
Q3-2024 $387.232M $162.982M $-4.204M -1.086% $-0.04 $176.382M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $25.931M ▼ $8.754B ▼ $4.443B ▼ $4.536B ▼
Q2-2025 $33.091M ▲ $9.12B ▲ $4.46B ▲ $4.587B ▼
Q1-2025 $26.182M ▲ $8.993B ▲ $4.306B ▲ $4.615B ▼
Q4-2024 $21.045M ▼ $8.852B ▼ $4.105B ▼ $4.675B ▼
Q3-2024 $31.234M $8.947B $4.133B $4.743B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $113.579M ▲ $250.927M ▲ $-5.108M ▲ $-253.055M ▼ $-7.236M ▼ $446.144M ▲
Q2-2025 $82.594M ▲ $230.663M ▲ $-197.512M ▲ $-26.395M ▼ $6.756M ▲ $113.843M ▲
Q1-2025 $40.767M ▼ $148.216M ▼ $-275.945M ▼ $133.309M ▲ $5.58M ▲ $69.819M ▲
Q4-2024 $42.609M ▲ $152.358M ▼ $-89.188M ▲ $-73.307M ▲ $-10.137M ▲ $65.235M ▼
Q3-2024 $-2.338M $261.56M $-95.564M $-225.551M $-59.555M $165.428M

Revenue by Products

Product Q3-2018Q4-2018Q1-2019
Management Fee Revenue
Management Fee Revenue
 $0 ▲$10.00M ▲$0 ▼
Real Estate Other
Real Estate Other
 $30.00M ▲$80.00M ▲$0 ▼

Five-Year Company Overview

Income Statement

Income Statement Camden’s rental business looks steady and mature. Revenue has climbed nicely over the past five years, helped by higher rents and fuller buildings, and operating profits have generally followed the same path. The main bump is at the bottom line: reported earnings jumped in the mid‑period and then fell back in the most recent year. For a REIT, that kind of earnings swing often reflects one‑time items and accounting effects rather than a sudden change in the underlying business. Day‑to‑day profitability from running apartments appears solid and relatively stable, even if headline earnings per share have been volatile.

Balance Sheet

Balance Sheet The balance sheet shows a large, mostly stable real estate portfolio funded by a mix of equity and long‑term debt. Property values and shareholder equity have grown over time, while total debt has stayed in a fairly tight range, which points to disciplined leverage rather than aggressive borrowing. Cash on hand moves around more sharply and was quite low in the most recent year, suggesting heavier reliance on credit lines and ongoing cash inflows rather than big cash reserves. Overall, the capital structure looks typical for a high‑quality residential REIT that leans on its investment‑grade status instead of stockpiling cash.

Cash Flow

Cash Flow Cash generation from the core rental operations has improved steadily, which is important for a REIT that must regularly pay dividends and service debt. After funding maintenance and development spending, Camden still produces positive free cash flow, and that cushion has grown over the five‑year period. Capital spending remains sizable, reflecting ongoing development and property upgrades, but it appears manageable relative to operating cash flow. This pattern signals a business that can both reinvest in its portfolio and support its financial obligations, as long as rental conditions remain healthy.

Competitive Edge

Competitive Edge Camden sits in a strong competitive spot within U.S. apartments, particularly in faster‑growing Sunbelt markets where job and population growth support demand for rentals. It benefits from scale, a well‑known brand, and in‑house development and management, which together help control costs and maintain consistent quality. High occupancy, low resident turnover, and recognition as a top workplace point to a service‑oriented culture that is hard to copy. Its investment‑grade credit ratings and lack of near‑term major debt maturities add financial resilience and give it room to act when weaker competitors are constrained.

Innovation and R&D

Innovation and R&D For a property owner, Camden is unusually tech‑forward. It uses smart‑home features, keyless access, and a robust resident app to make living in its communities more convenient and sticky for tenants. Behind the scenes, cloud systems and advanced customer tools help optimize pricing, leasing, and maintenance. The company is exploring artificial intelligence for self‑guided tours, resident communication, and predictive maintenance, and is leaning more into data analytics to refine where and what it builds. It is also signaling more focus on sustainability and energy efficiency, which can both lower costs and appeal to residents, even though traditional “R&D” spending is not a separate line item like in tech or pharma.

Summary

Pulled together, Camden looks like a seasoned multifamily REIT with steady rental fundamentals, a generally conservative balance sheet, and growing cash generation, offset by more volatile reported earnings. Its concentration in high‑growth markets, strong brand, and operational excellence support a durable competitive position, while technology and smart‑home initiatives help differentiate the resident experience. Key watchpoints include sensitivity to interest rates, property valuations, new apartment supply in its core markets, and the need to keep reinvesting heavily in its portfolio. Within those constraints, the business profile appears balanced and oriented toward long‑term, incremental growth rather than dramatic swings.

NEWS

November 6, 2025 · 4:15 PM UTC

Camden Property Trust Announces Third Quarter 2025 Operating Results

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October 9, 2025 · 4:15 PM UTC

Camden Property Trust Announces Third Quarter 2025 Earnings Release and Conference Call Dates

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September 25, 2025 · 4:05 PM UTC

Quince Therapeutics Announces CPT: Pharmacometrics & Systems Pharmacology Publication of eDSP Population Pharmacokinetic Modeling Study

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September 15, 2025 · 4:15 PM UTC

Camden Property Trust Announces Third Quarter 2025 Dividend

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