CPT

CAMDEN PROPERTY TRUST

Ticker: CPTReal EstateREITsS&P 500
HQ HOUSTON, TXCIK 906345FY end 12-31Book / share $40.23Shares 108M
Revenue (FY)
$1.57B+1.92%
Op. margin
0.00%
Net income
$394.90M+131.15%
Operating cash
$826.62M+6.68%
Free cash flow
$383.77M+1.70%
Return on equity
9.11%+4.74%
Debt / equity
0.89+0.15%
Shares outstanding
108.4M-0.10%

The business

Camden Property Trust (NYSE: CPT) operates as a real estate investment trust primarily engaged in the ownership, management, development, repositioning, redevelopment, acquisition, and construction of multifamily apartment communities across the United States. The company maintains its website at www.camdenliving.com.

As of December 31, 2025, Camden owns interests in, operates, or is developing 175 multifamily properties comprising 59,921 apartment homes nationwide. The company's operating portfolio consists of 172 properties with approximately 58,759 homes, while three additional properties remain under construction and will add 1,162 homes upon completion. The company also holds land parcels designated for future multifamily development. Camden's stabilized operating properties maintain a weighted average occupancy rate of approximately 95 percent, with average apartment homes sized at 967 square feet and average monthly rental rates of $2,006 per home.

Camden operates across fifteen major metropolitan markets including Atlanta, Austin, Charlotte, Dallas/Fort Worth, Denver, Houston, Los Angeles/Orange County, Nashville, Orlando, Phoenix/Scottsdale, Raleigh, San Diego/Inland Empire, Southeast Florida, Tampa/St. Petersburg, and Washington D.C. Metro. The company's geographic diversification strategy emphasizes markets characterized by strong economic growth, household formation, job growth, and attractive quality of life factors that support sustained demand for multifamily housing.

The company employs approximately 1,640 team members across executive, community, and administrative functions. Camden's operational strategy emphasizes sophisticated property management capabilities, innovative operating strategies, and disciplined capital allocation. The company maintains a conservative financial structure with significant debt of approximately $3.9 billion as of December 31, 2025, and focuses on generating consistent earnings growth through property operations, development, acquisitions, and selective capital recycling.

Camden qualifies as a real estate investment trust under Sections 856-860 of the Internal Revenue Code and has maintained investment-grade credit ratings from major rating agencies. The company has been recognized as one of the 100 Best Companies to Work For by FORTUNE magazine for eighteen consecutive years.

Sector
Real Estate
Industry
REITs
HQ
HOUSTON, TX
FY end
12-31
CIK
906345
SIC
6798
Financial performance · annual
20112025
$-157.35M$314.71M$786.77M$1.26B$1.73B201120122013201420152016201720182019202020212022202320242025

Ownership

Who holds CAMDEN PROPERTY TRUST — across funds, superinvestors and bonds · N-PORT 2026Q2 · 13F 2026-06-30

536
funds hold it
0 of 35
superinvestors hold it
$5.34B
fund-held value
48.0%
of shares held by funds
7
bond issues held by funds

Top fund holders

Fund% of fundValue
VANGUARD REAL ESTATE INDEX FUND
VNQ · VANGUARD SPECIALIZED FUNDS
0.59%$414.84M
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.02%$365.27M
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.02%$298.01M
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.14%$263.83M
Victory Sycamore Established Value Fund
VETAX · Victory Portfolios
1.65%$254.17M

Bonds held by funds

Funds report holding 7 issues of CAMDEN PROPERTY TRUST's debt, $511.62M at fund-held market value — what funds hold, not the company's debt outstanding. Weighted-average coupon 4.26%, maturing 20262049.

IssueCouponMaturesFundsFund-held
Camden Property Trust3.150%2029-07-0159$95.86M
Camden Property Trust4.900%2036-02-2847$94.68M
Camden Property Trust5.850%2026-11-0325$93.61M
Camden Property Trust2.800%2030-05-1547$84.70M
Camden Property Trust4.100%2028-10-1539$66.52M
Camden Property Trust4.900%2034-01-1533$66.18M
Camden Property Trust3.350%2049-11-0124$10.08M

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

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