CAMDEN PROPERTY TRUST
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CPT FY 2025 request
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Income Statement
| Metric | FY 2025 | FY 2024 | YoY |
|---|---|---|---|
| Operating Lease Lease Income | 1,573,544 | 1,543,842 | +1.9% |
Show Business Segments breakouts |
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| Reportable Segment [Member] | 1,573,544 | 1,543,842 | +1.9% |
| Direct Costs Of Leased And Rented Property Or Equipment | 369,889 | 365,681 | +1.2% |
| Real Estate Tax Expense | 196,821 | 193,124 | +1.9% |
Show Business Segments breakouts |
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| Reportable Segment [Member] | 196,821 | 193,124 | +1.9% |
| Cost of Revenue | 566,710 | 558,805 | +1.4% |
| Revenue | 12,967 | 7,137 | +81.7% |
| Interest And Other Income | 256 | 4,420 | -94.2% |
| Income Loss On Deferred Compensation Plans | 19,260 | 12,629 | +52.5% |
| Total Non Property Income Loss | 32,483 | 24,186 | +34.3% |
Show Business Segments breakouts |
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| Reportable Segment [Member] | 32,483 | 24,186 | +34.3% |
| Cost Of Property Repairs And Maintenance | 37,452 | 38,331 | -2.3% |
| Costof Feeand Asset Management | 3,074 | 2,200 | +39.7% |
| General & Administrative | 79,344 | 72,365 | +9.6% |
| Interest Expense | 138,239 | 129,815 | +6.5% |
Show Business Segments breakouts |
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| Reportable Segment [Member] | 138,239 | 129,815 | +6.5% |
| Depreciation And Amortization | 611,025 | 582,014 | +5.0% |
Show Business Segments breakouts |
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| Reportable Segment [Member] | 611,025 | 582,014 | +5.0% |
| Expense Benefit On Deferred Compensation Plans | 19,260 | 12,629 | +52.5% |
| Total Other Expenses | 888,394 | 837,354 | +6.1% |
| Asset Impairment Charges | -12,916 | -40,988 | +68.5% |
Show Business Segments breakouts |
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| Reportable Segment [Member] | -12,916 | -40,988 | +68.5% |
Show Real Estate And Accumulated Depreciation Description Of Property breakouts |
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| Arts District, Downtown II | -12.9 | — | — |
| Gain Loss On Disposition Of Assets | 260,910 | 43,806 | +495.6% |
Show Business Segments breakouts |
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| Reportable Segment [Member] | 260,910 | 43,806 | +495.6% |
Show Disposal Group Classification breakouts |
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| Disposal Group Disposed Of By Sale Not Discontinued Operations | 260.9 | 43.8 | +495.7% |
| Income Loss From Continuing Operations Before Income Taxes Domestic | 398,917 | 173,766 | +129.6% |
| Current Income Tax Expense Benefit | -4,019 | -2,926 | -37.4% |
Show Business Segments breakouts |
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| Reportable Segment [Member] | -4,019 | -2,926 | -37.4% |
| Net Income | 394,898 | 170,840 | +131.2% |
Show Business Segments breakouts |
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| Reportable Segment [Member] | 394,898 | 170,840 | +131.2% |
| Net Income Loss Attributable To Noncontrolling Interest | -10,436 | -7,547 | -38.3% |
| Net Income | 384,462 | 163,293 | +135.4% |
| EPS (Basic) | 3.54 | 1.5 | +136.0% |
| EPS (Diluted) | 3.54 | 1.5 | +136.0% |
| Wtd Avg Shares (Basic) | 108,376 | 108,491 | -0.1% |
| Wtd Avg Shares (Diluted) | 108,434 | 108,539 | -0.1% |
| Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax | -212 | -18 | -1077.8% |
| Reclassificationofnetlossoncashflowhedgingactivitiespriorservicecostandnetlossonpostretirementobligation | 1,403 | 2,159 | -35.0% |
| Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest | 396,089 | 173,066 | +128.9% |
| Comprehensive Income | 385,653 | 165,519 | +133.0% |
| Operating Expenses (FY) | — | — | — |
Show Business Segments breakouts |
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| Reportable Segment [Member] | -72,159 | -70,516 | -2.3% |
| Income Tax Expense (Benefit) | 4 | 2.9 | +37.9% |
| Net Income Loss Available To Common Stockholders Basic | 383,638 | 162,998 | +135.4% |
| Labor And Related Expense (FY) | — | — | — |
Show Business Segments breakouts |
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| Reportable Segment [Member] | -106,892 | -102,776 | -4.0% |
| Other Expenses (FY) | — | — | — |
Show Business Segments breakouts |
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| Reportable Segment [Member] | -139,130 | -125,525 | -10.8% |
Balance Sheet
| Metric | FY 2025 | FY 2024 | YoY |
|---|---|---|---|
| Current Assets | |||
| Cash & Cash Equivalents | 25,203 | 21,045 | +19.8% |
| Non-Current Assets | |||
| Total Assets | 9,042,989 | 8,852,144 | +2.2% |
| Operating Lease Right-of-Use Assets | 11 | 2.5 | +340.0% |
| Other Assets | |||
| Land | 1,787,445 | 1,722,526 | +3.8% |
| Investment Building And Building Improvements | 11,792,960 | 11,319,460 | +4.2% |
| Real Estate Assets At Cost Total | 13,580,405 | 13,041,986 | +4.1% |
| Real Estate Investment Property Accumulated Depreciation | -5,296,061 | -4,867,422 | -8.8% |
| Net Operating Real Estate Assets | 8,284,344 | 8,174,564 | +1.3% |
| Properties Under Development Including Land | 419,227 | 401,542 | +4.4% |
| Real Estate Assets Total | 8,703,571 | 8,576,106 | +1.5% |
| Accounts Receivable Affiliates | 8,884 | 8,991 | -1.2% |
| Other Assets | 293,292 | 234,838 | +24.9% |
| Restricted Cash And Cash Equivalents | 12,039 | 11,164 | +7.8% |
| Non-Current Liabilities | |||
| Accounts Payable And Accrued Liabilities Current And Noncurrent | 248,087 | 215,179 | +15.3% |
| Accrual For Taxes Other Than Income Taxes Current And Noncurrent | 92,382 | 78,529 | +17.6% |
| Total Liabilities | 4,604,736 | 4,104,955 | +12.2% |
| Long-Term Debt | 3,900.8 | — | — |
| Other Liabilities | |||
| Unsecured Debt | 3,570,193 | 3,155,233 | +13.2% |
Show Debt Instrument breakouts |
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| Commercial Banks [Member] | 629.9 | 217.9 | +189.1% |
| Commercial Banks [Member] · 4.87% Term loan Due 2026 | 39.9 | 39.9 | 0.0% |
| Commercial Banks [Member] · Commercial Paper | 590 | — | — |
| Commercial Banks [Member] · Term loan, due 2024 full value | 40 | — | — |
| Senior Unsecured Notes [Member] | 2,940.3 | 2,937.3 | +0.1% |
| Senior Unsecured Notes [Member] · 2.91% Notes due 2030 | 746.8 | 746 | +0.1% |
| Senior Unsecured Notes [Member] · 3.41% Notes due 2049 | 297 | 296.9 | 0.0% |
| Senior Unsecured Notes [Member] · 3.67% Notes due 2029 | 597.4 | 596.8 | +0.1% |
| Senior Unsecured Notes [Member] · 3.74% Notes Due 2028 | 399.4 | 399.1 | +0.1% |
| Senior Unsecured Notes [Member] · 5.00% Note, Due 2026 | 504 | 503.3 | +0.1% |
| Senior Unsecured Notes [Member] · 5.06% Notes, Due 2034 | 395.7 | 395.2 | +0.1% |
| Secured Debt | 330,597 | 330,358 | +0.1% |
Show Debt Instrument breakouts |
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| Secured Debt · 3.78% - 4.04% Conventional Mortgage Notes, due 2026 - 2028 | 291.5 | 291.4 | 0.0% |
| Secured Debt · 3.87% note, due 2028 | 39.1 | 39 | +0.3% |
| Distributions Payable | 114,971 | 113,549 | +1.3% |
| Other Liabilities | 248,506 | 212,107 | +17.2% |
| Minority Interest | 75,730 | 71,991 | +5.2% |
| Stockholders' Equity | |||
| Common Stocks Value Outstanding | 1,157 | 1,158 | -0.1% |
| Additional Paid In Capital Common Stock | 5,948,938 | 5,930,729 | +0.3% |
| Accumulated Distributions In Excess Of Net Income | -969,240 | -897,931 | -7.9% |
| Treasury Stock Value | -620,497 | -359,732 | -72.5% |
| Accumulated Other Comprehensive Income | 2,165 | 974 | +122.3% |
| Total Stockholders' Equity | 4,362,523 | 4,675,198 | -6.7% |
| Stockholders Equity Including Portion Attributable To Noncontrolling Interest | 4,438,253 | 4,747,189 | -6.5% |
Show Equity Components breakouts |
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| Accumulated Distributions In Excess Of Net Income | -969,240 | -897,931 | -7.9% |
| Accumulated Other Comprehensive Income | 2,165 | 974 | +122.3% |
| Additional Paid In Capital | 5,948,938 | 5,930,729 | +0.3% |
| Common Stock | 1,157 | 1,158 | -0.1% |
| Noncontrolling Interest | 75,730 | 71,991 | +5.2% |
| Treasury Stock Common | -620,497 | -359,732 | -72.5% |
| Total Liabilities & Equity | 9,042,989 | 8,852,144 | +2.2% |
Cash Flow Statement
| Metric | FY 2025 | FY 2024 | YoY |
|---|---|---|---|
| Operating Activities | |||
| Depreciation & Amortization | 611,025 | 582,014 | +5.0% |
| Gain Loss On Disposition Of Assets1 | -260,910 | -43,806 | -495.6% |
| Stock-Based Compensation | 16,959 | 15,166 | +11.8% |
| Other Operating Activities Cash Flow Statement | 51,733 | 8,754 | +491.0% |
| Net Cash from Operations | 826,621 | 774,877 | +6.7% |
| Other Non-Cash Items | 5,466 | 3,880 | +40.9% |
| Investing Activities | |||
| Payments To Develop Real Estate Assets | -440,402 | -393,735 | -11.9% |
| Payments To Acquire Real Estate | -419,226 | — | — |
Show Real Estate And Accumulated Depreciation Description Of Property breakouts |
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| Camden Clearwater, Camden West Nashville, Camden Leander, Camden Lake Buena Vista [Domain] | -422.9 | — | — |
| Proceedsfromsaleofoperatingpropertiesincludingland | 365,906 | 114,474 | +219.6% |
| Payments To Acquire Other Property Plant And Equipment | -2,445 | -3,800 | +35.7% |
| Other Investing Activities | -3,372 | -2,169 | -55.5% |
| Net Cash from Investing | -499,539 | -285,230 | -75.1% |
| Dividends | 114,971 | 113,549 | +1.3% |
| Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans | 27,542 | 25,134 | +9.6% |
| Accrual Associated With Construction And Capital Expenditures | 31,487 | 24,097 | +30.7% |
| Right Of Use Asset Obtained In Exchange For Operating Lease Liability | 22,005 | — | — |
Show Operating Property Name [Axis] breakouts |
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| Williams Tower | 8.9 | — | — |
| Financing Activities | |||
| Proceeds From Lines Of Credit | 588,000 | 586,000 | +0.3% |
| Repayments Of Lines Of Credit | -766,000 | -408,000 | -87.7% |
| Proceeds From Repayments Of Commercial Paper | 588,108 | — | — |
| Payments Of Dividends | -460,950 | -450,965 | -2.2% |
| Payments Of Financing Costs | -2,386 | -2,878 | +17.1% |
| Share Repurchases | -270,654 | -49,997 | -441.3% |
| Proceeds From Payments For Other Financing Activities | 1,833 | 4,403 | -58.4% |
| Net Cash from Financing | -322,049 | -725,485 | +55.6% |
| Supplemental | |||
| Interest Paid | 139,625 | 129,637 | +7.7% |
| Income Taxes Paid | 3,482 | 2,816 | +23.7% |
| Other Cash Flow | |||
| Net Change in Cash | 5,033 | -235,838 | +102.1% |
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | 37,242 | 32,209 | +15.6% |
Values in thousands USD. Source: SEC EDGAR 10-K filing.