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Camden Property Trust (CPT) Stock Fundamentals, Analysis & Risk Signals

Health score, competitive moat, risk signals, and key metrics at a glance.

NYSE•Real Estate•REIT - Residential
C
AverageMetricSide Score: 58/100
ProfitabilityProfit25/30
GrowthGrowth20/25
Balance SheetBalance8/25
Cash QualityCash5/20
Price & Volume
Market Cap $12.29B

Camden Property Trust, an S&P 500 Company, is a real estate company primarily engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities. Camden owns and operates 173 properties containing 58,811 apartment homes across the United States. Upon completion of 3 properties currently under development, the Company's portfolio will increase to 59,973 apartment homes in 176 properties. Camden Property Trust was established on May 25, 1993, and incorporated in Texas. Camden Property Trust is based in Houston, United States.

Moat Signals

Competitive analysis based on 64 quarters of fundamental data

Pricing Power

Strong Moat

Operating margins are stable at ~63.5%, suggesting durable pricing power and cost discipline.

Competitive Advantage

Moderate Moat

ROE is positive at ~6.2% on average, adequate but below the threshold typically associated with wide moats.

Cash Generation

Moderate Moat

5 of the last 8 quarters generated positive FCF. The company generally funds itself but has occasional cash consumption quarters.

Demand Durability

Moderate Moat

Revenue shows resilience with 4 of 7 quarters posting growth — demand is generally stable but has seen some soft patches.

Risk Signals

Data-driven red flags and warnings across 64 quarters

Some Concerns

Margin Pressure

Healthy

Margins are stable or improving at ~63.4% — no sign of cost or pricing stress.

Earnings Quality

Watch

FCF/Net Income has dropped below 0.7x in 4 quarters — monitor for earnings quality deterioration.

Leverage Risk

Watch

Debt-to-equity has risen 30.3% recently — increasing financial risk even if the current ratio is manageable.

Revenue Decline

Healthy

Revenue is stable or growing over recent quarters — demand appears durable.

Cash Burn

Watch

FCF turned negative in 3 of the last 8 quarters — occasional cash consumption.

Share Dilution

Healthy

Shares decreased 3.3% — net buybacks are reducing shares outstanding and boosting per-share value.

Metrics at a Glance

as of March 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue
$1.58B
1.6%
Q. Revenue
$390.92M
TTM EBITDA
$1.62B
2.3%
TTM Op. Income
$1.00B
1.1%
Q. Op. Income
$250.85M
TTM Net Income
$388.09M
228.3%
Q. Net Income
$42.45M
EPS
$0.4
Shares Out.
$104.83M
3.4%
$1.58B in TTM revenue grew 1.6% YoY, reaching $390.92M last quarter. TTM EBITDA of $1.62B and TTM operating income of $1.00B shows growth is flowing through. Net income of $388.09M TTM confirms the company is converting revenue into profit. Revenue is growing modestly — monitor for acceleration or deceleration.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin
102.5%
Op. Margin
64.2%
0.6%
Net Margin
10.9%
9.9%
Op. margin of 64.2% is down 0.4% YoY — costs are rising relative to revenue. Net margin at 10.9%.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio
31.7x
P/S Ratio
7.8x
P/B Ratio
3.1x
At 31.7x P/E, the stock trades at a premium — the market expects above-average growth. P/S of 7.8x and P/B of 3.1x provide additional context. The premium P/E is not backed by strong revenue growth — the stock may be overvalued.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets
$9.06B
Cash
$40.68M
Long-Term Debt
$4.25B
Book Value
$4.03B
D/E Ratio
1.1
Debt/EBITDA
10.6
With $9.06B in assets and $4.25B in long-term debt, the D/E of 1.1and book value of $4.03B — reflects moderate leverage — debt is manageable but worth monitoring.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow
$148.10M
Free Cash Flow
$54.08M
142.7%
FCF Margin
3.4%
FCF / Net Income
1.3
FCF of $54.08M on $148.10M in operating cash flow. The FCF / Net Income ratio of 0.1x indicates partial cash conversion — earnings quality needs attention.

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