CAMDEN PROPERTY TRUST

10-K & 10-Q Filings

Camden Property Trust is a real estate investment trust (REIT) formed in 1993, primarily engaged in the ownership, management, development, reposition, redevelopment, acquisition, and construction of multifamily apartment communities. The company operates in the United States and owns interests in, operates, or is developing 176 multifamily properties with approximately 59,800 apartment homes. The company's business strategy includes producing consistent earnings growth through property operations, development, and acquisitions, achieving market balance, and recycling capital. Camden's website is located at www.camdenliving.com, and its ticker symbol is CPT.

12 mos ending Dec 31, 201112 mos ending Dec 31, 201212 mos ending Dec 31, 201312 mos ending Dec 31, 201412 mos ending Dec 31, 201512 mos ending Dec 31, 201612 mos ending Dec 31, 201712 mos ending Dec 31, 201812 mos ending Dec 31, 201912 mos ending Dec 31, 202012 mos ending Dec 31, 202112 mos ending Dec 31, 202212 mos ending Dec 31, 2023CAGR %YoY %Revenue (+)
$655.87
727.91
788.85
843.98
892.93
876.45
900.90
954.50
1037.16
1054.64
1154.12
1427.94
1545.48
7.40%8.23%Cost of Revenue (-)
$256.68
269.67
285.69
305.31
321.72
311.36
328.74
496.46
366.35
394.83
417.02
498.08
548.92
6.54%10.21%Gross Profit (+)
$399.19
458.24
503.16
538.67
571.21
565.09
572.15
458.05
670.81
659.81
737.09
929.86
996.56
7.92%7.17%Selling, General & Administrative (-)
$35.46
37.53
40.59
51.01
46.23
47.41
50.59
50.73
53.20
53.62
59.37
60.41
62.51
4.84%3.46%Depreciation & Amortization (-)
$185.74
206.69
217.94
238.99
250.15
263.97
300.95
336.27
367.16
420.69
577.02
574.81
9.87%-0.38%Non-recurring Operating Expenses (-)
$
1.15
Operating Expenses (-)
$367.01
381.69
392.48
415.22
428.87
425.19
447.60
459.44
522.92
552.51
622.58
762.34
821.53
6.95%7.77%Costs & Expenses (Total) (-)
$623.69
651.36
678.17
720.53
750.58
736.55
776.34
841.60
889.27
947.34
1039.60
1260.42
1370.45
6.78%8.73%Operating Income/Loss (+)
$32.18
76.54
110.68
123.45
142.35
139.90
124.56
246.38
147.89
107.30
114.52
167.53
175.02
15.16%4.48%Non-operating Income/Expense (+)
$1.14
0.84
-0.32
-11.99
-0.18
-2.51
Interest Expense (-)
$112.41
104.28
98.13
93.26
97.31
93.14
86.75
84.26
80.71
91.53
97.30
113.42
133.40
1.44%17.61%Earnings before Tax (+)
$35.35
170.54
157.44
303.22
260.13
457.00
202.08
162.12
225.36
130.55
314.27
664.47
414.20
22.76%-37.66%Tax Expense (-)
$2.22
1.21
1.83
1.90
1.87
1.62
1.22
1.42
1.09
1.97
1.89
2.97
3.65
4.23%23.06%Income/Loss (Continuing Operations) (+)
$33.13
169.34
155.62
301.31
258.26
455.38
200.86
160.69
224.27
128.58
312.38
661.51
410.55
23.34%-37.94%Income/Loss (Discontinued Operations) (+)
$26.83
124.56
190.68
382.84
Profit/Loss (+)
$59.96
293.90
346.29
301.31
258.26
838.23
200.86
160.69
224.27
128.58
312.38
661.51
410.55
17.39%-37.94%Net Income/Loss (NCI) (-)
$10.58
5.60
4.02
9.22
8.95
18.40
4.44
4.57
4.65
4.67
8.47
7.89
7.24
-3.11%-8.25%Net Income/Loss (+)
$49.38
283.39
336.36
292.09
249.31
819.82
196.42
156.13
219.62
123.91
303.91
653.61
403.31
19.13%-38.30%Net Income/Loss (Common) (+)
$49.38
283.39
336.36
292.09
249.31
819.82
196.42
156.13
219.62
123.91
303.91
653.61
403.31
19.13%-38.30%EPS (Basic)
$0.67
3.35
3.82
3.29
2.77
9.08
2.14
1.63
2.23
1.24
2.97
6.07
3.71
15.33%-38.88%EPS (Diluted)
$0.66
3.30
3.78
3.27
2.76
9.05
2.13
1.63
2.22
1.24
2.96
6.04
3.70
15.45%-38.74%Weighted Avg Shares (Basic)
72.76
83.77
87.20
88.08
89.12
89.58
91.50
95.21
98.46
99.39
102.00
107.61
108.65
3.40%0.97%Weighted Avg Shares (Diluted)
73.70
85.56
88.49
88.47
89.49
89.90
92.52
95.37
99.38
99.44
102.83
108.39
109.40
3.35%0.93%Cash
$55.16
26.67
17.79
153.92
10.62
237.36
368.49
34.38
23.18
420.44
613.39
10.69
259.69
13.78%2329.92%Short-term Investments
$
100.00
Securities & Long-term Investments
$4098.00
4851.07
4955.90
5182.20
5354.85
5043.74
5171.67
5631.35
5917.45
5954.78
6616.30
8542.78
8372.74
6.13%-1.99%Other Assets
$468.91
507.43
658.44
720.79
672.15
647.05
633.58
553.86
807.87
823.74
747.09
774.47
751.31
4.01%-2.99%Assets (Total)
$4622.07
5385.17
5632.14
6056.91
6037.61
6028.15
6173.75
6219.59
6748.50
7198.95
7976.78
9327.93
9383.74
6.08%0.60%Accounts Payable
$115.63
130.35
148.96
196.38
178.58
186.85
179.70
201.22
226.13
241.76
258.32
306.92
319.12
8.83%3.97%Debt (Non-current)
$2432.11
2510.47
2530.77
2743.54
2724.69
2480.59
2204.63
2321.60
2524.10
3166.63
3170.37
3680.91
3715.44
3.59%0.94%Other Liabilities
$246.56
117.65
145.06
228.58
241.45
265.16
304.71
258.98
296.55
273.98
281.84
283.18
297.41
1.57%5.03%Liabilities (Total)
$2794.31
2758.46
2824.78
3168.50
3144.72
2932.60
2689.03
2781.81
3046.78
3682.36
3710.53
4271.01
4331.97
3.72%1.43%Treasury Stock
$452.00
425.36
410.23
396.63
386.79
373.34
364.07
355.80
348.42
341.41
333.97
328.68
320.36
-2.83%-2.53%AOCI
$-0.68
-1.06
-1.11
-2.42
-1.91
-1.86
-0.06
6.93
-6.53
-5.38
-3.74
-1.77
-1.25
29.43%Shareholder's Equity
$1827.77
2626.71
2760.18
2888.41
2892.90
3095.55
3484.71
3385.10
3701.72
3516.59
4266.26
5056.92
5051.77
8.84%-0.10%Liabilities & Equity
$4622.07
5385.17
5632.14
6056.91
6037.61
6028.15
6173.75
6219.59
6748.50
7198.95
7976.78
9327.93
9383.74
6.08%0.60%Net Income/Loss
$59.96
293.90
346.29
301.31
258.26
838.23
200.86
160.69
224.27
128.58
312.38
661.51
410.55
17.39%-37.94%Depreciation & Amortization
$187.67
213.48
223.20
238.99
257.08
250.15
263.97
300.95
336.27
367.16
420.69
577.02
574.81
9.78%-0.38%Increase/Decrease in Working Capital
$8.74
12.45
-25.48
-22.18
-0.88
-9.47
-1.39
-1.45
Share-based Compensation
$12.04
13.09
14.06
15.55
17.67
20.12
17.55
16.75
15.23
13.94
15.40
12.82
14.51
1.57%13.18%Adjustments to Reconcile Net Income
$185.60
27.78
58.00
118.96
165.85
-395.16
233.80
343.05
331.33
392.19
265.09
83.20
384.40
6.26%361.99%Net Cash (Operating)
$244.83
324.27
404.29
418.53
423.24
443.06
434.66
503.75
555.60
519.32
577.47
744.71
794.95
10.31%6.75%Capital Expenditure
$254.48
763.13
600.31
571.28
429.67
-280.03
357.35
663.74
861.06
434.75
1062.70
1519.89
416.53
4.19%-72.59%Net Cash (Investing)
$-187.36
-527.68
-258.99
-325.89
-293.31
690.41
-189.75
-640.92
-792.45
-429.60
-804.39
-1456.18
-127.13
91.27%Increase/Decrease in Debt
$-131.92
-221.27
19.25
211.74
-9.04
-247.08
-179.00
114.11
187.25
638.82
-8.00
18.49
331.07%Increase/Decrease in Equity
$127.31
723.59
59.53
83.55
18.34
19.01
463.10
17.25
365.50
18.25
776.49
527.34
21.74
-13.70%-95.88%Interest Expenses
$114.61
106.41
98.10
86.71
96.18
93.30
88.65
81.30
71.25
90.30
97.30
111.07
128.87
0.98%16.03%Dividends Paid
$152.24
189.02
220.08
236.51
253.13
663.36
280.76
298.00
317.25
333.36
343.04
396.82
434.88
9.14%9.59%Net Cash (Financing)
$-172.89
174.93
-154.18
43.48
-273.23
-904.24
-112.92
-197.03
220.74
307.32
421.37
109.93
-417.21
-479.53%Cash Taxes Paid
$2.66
1.56
2.11
1.66
1.89
2.42
1.71
1.95
1.29
2.29
2.18
3.22
3.59
2.52%11.66%Increase/Decrease in Cash
$-115.42
-28.49
-8.88
136.12
-143.30
131.98
-334.20
-16.10
397.03
194.45
-601.54
250.61
141.66%Cash (Beginning)
$170.57
55.16
26.67
17.79
153.92
245.83
377.81
43.60
27.50
424.53
618.98
17.44
-17.31%-97.18%Cash (Ending)
$55.16
26.67
17.79
153.92
10.62
377.81
43.60
27.50
424.53
618.98
17.44
268.05
14.08%1437.14%NOPAT
$32.18
76.54
110.68
123.45
142.35
139.90
124.56
246.38
147.89
107.30
114.52
167.53
175.02
15.16%4.48%Gross Margin %
60.86%
62.95%
63.78%
63.83%
63.97%
64.48%
63.51%
47.99%
64.68%
62.56%
63.87%
65.12%
64.48%
Operating Margin %
4.91%
10.52%
14.03%
14.63%
15.94%
15.96%
13.83%
25.81%
14.26%
10.17%
9.92%
11.73%
11.32%
NOPAT Margin %
4.91%
10.52%
14.03%
14.63%
15.94%
15.96%
13.83%
25.81%
14.26%
10.17%
9.92%
11.73%
11.32%
Net Margin %
7.53%
38.93%
42.64%
34.61%
27.92%
93.54%
21.80%
16.36%
21.18%
11.75%
26.33%
45.77%
26.10%
ROA
0.70%
1.42%
1.97%
2.04%
2.36%
2.32%
2.02%
3.96%
2.19%
1.49%
1.44%
1.80%
1.87%
ROE
1.76%
2.91%
4.01%
4.27%
4.92%
4.52%
3.57%
7.28%
4.00%
3.05%
2.68%
3.31%
3.46%
Equity Multiplier
2.53
2.05
2.04
2.10
2.09
1.95
1.77
1.84
1.82
2.05
1.87
1.84
1.86
Debt/Equity Ratio
1.33
0.96
0.92
0.95
0.94
0.80
0.63
0.69
0.68
0.90
0.74
0.73
0.74
Dividend Payout Ratio %
473.08%
246.94%
198.84%
191.59%
177.83%
474.16%
225.40%
120.95%
214.53%
310.68%
299.56%
236.87%
248.47%
Total Payout
$271.47
-206.90
239.41
27.94
340.02
984.74
85.32
247.94
-164.25
-233.42
-336.15
-11.44
523.52
5.63%4674.25%Payout Ratio %
843.56%
-270.30%
216.30%
22.63%
238.87%
703.88%
68.49%
100.63%
-111.06%
-217.54%
-293.54%
-6.83%
299.12%