Cash flow Camden Property Trust Deutsche Boerse AG

Stocks

CAL

US1331311027

Residential REITs

Market Closed - Deutsche Boerse AG 15:55:02 2026-09-24 EDT			5-day change	1st Jan Change
85.50 ^EUR	-0.58%		-2.84%	-7.07%

09-21	Evercore ISI Adjusts PT on Camden Property Trust to $110 From $114, Keeps In Line Rating	MT
09-17	Scotiabank Adjusts PT on Camden Property Trust to $102 From $109, Keeps Sector Underperform Rating	MT

3b90577d1a.6S-16XuPZ2P7ypbFKjqEBGo057f2sKyGocL0v7LYSl4.uh7cuxHJMBqxhti8ZHC1MhB_kY614e7z9JSMzf_vCAGbd-ezIvUdKK6oww

Published financial data: CAMDEN PROPERTY TRUST

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
Rental Revenues	1.14B	1.42B	1.54B	1.54B	1.57B
Property Management Fee	10.53M	5.19M	3.45M	7.14M	12.97M
Interest and Investment Income, Total (Revenue Block)	1.22M	3.02M	879K	4.42M	256K
Other Revenues, Total	9.78M	3.05M	-	-	-
Total Revenues	1.17B	1.43B	1.55B	1.56B	1.59B
Property Expenses	448M	528M	584M	599M	607M
Selling General & Admin Expenses, Total	59.37M	60.41M	62.51M	72.36M	79.34M
Depreciation & Amortization - (IS) - (Collected)	421M	577M	575M	582M	611M
Other Operating Expenses	0	0	0	0	0
Total Operating Expenses	928M	1.17B	1.22B	1.25B	1.3B
Operating Income (REIT / Utility Template)	237M	268M	325M	302M	289M
Interest Expense, Total	-97.3M	-113M	-133M	-130M	-138M
Net Interest Expenses	-97.3M	-113M	-133M	-130M	-138M
EBT, Excl. Unusual Items	140M	155M	191M	172M	151M
Gain (Loss) on Sale of Investments	-	474M	-	-	-
Gain (Loss) on Sale of Assets	174M	36.37M	225M	43.81M	261M
Asset Writedown	-	-	-	-40.99M	-12.92M
Other Unusual Items	-	-1M	-2.51M	-921K	-
EBT, Incl. Unusual Items	314M	664M	414M	174M	399M
Income Tax Expense	1.89M	2.97M	3.65M	2.93M	4.02M
Earnings From Continuing Operations	312M	662M	411M	171M	395M
Earnings Of Discontinued Operations	-	-	-	-	-
Net Income to Company	312M	662M	411M	171M	395M
Minority Interest	-8.47M	-7.9M	-7.24M	-7.55M	-10.44M
Net Income - (IS)	304M	654M	403M	163M	384M
Preferred Dividend and Other Adjustments	545K	990K	646K	295K	824K
Net Income to Common Incl Extra Items	303M	653M	403M	163M	384M
Net Income to Common Excl. Extra Items	303M	653M	403M	163M	384M
Per Share Items
Net EPS - Basic	2.97	6.06	3.71	1.5	3.54
Basic EPS - Continuing Operations	2.97	6.06	3.71	1.5	3.54
Basic Weighted Average Shares Outstanding	102M	108M	109M	108M	108M
Net EPS - Diluted	2.96	6.03	3.7	1.5	3.54
Diluted EPS - Continuing Operations	2.96	6.03	3.7	1.5	3.54
Diluted Weighted Average Shares Outstanding	103M	108M	109M	109M	108M
Normalized Basic EPS	0.77	0.83	1.03	0.92	0.77
Normalized Diluted EPS	0.77	0.82	1.03	0.92	0.77
Dividend Per Share	3.32	3.76	4	4.12	4.2
Payout Ratio	112.88	60.71	107.83	276.17	119.89
American Depositary Receipts Ratio (ADR)	0.07	0.07	0.07	0.07	0.07
Supplemental Items
EBITDA	657M	837M	900M	884M	900M
EBITA	258M	310M	325M	302M	304M
EBIT	237M	268M	325M	302M	289M
EBITDAR	661M	841M	903M	887M	904M
Effective Tax Rate - (Ratio)	0.6	0.45	0.88	1.68	1.01
Normalized Net Income	78.96M	88.95M	112M	99.87M	83.89M
Interest Capitalized	16.7M	18.1M	20.2M	17.9M	14.1M
Supplemental Operating Expense Items
General and Administrative Expenses	59.37M	60.41M	62.51M	72.36M	79.34M
Net Rental Expense, Total	4.2M	4M	3.9M	3.7M	4M
Imputed Operating Lease Interest Expense	1.2M	1.23M	1.29M	1.21M	1.32M
Imputed Operating Lease Depreciation	3M	2.77M	2.61M	2.49M	2.68M
Stock-Based Comp., G&A Exp. (Total)	-	-	-	-	-
Stock-Based Comp., Other (Total)	17.3M	14.4M	16M	16.5M	18.3M
Total Stock-Based Compensation	17.3M	14.4M	16M	16.5M	18.3M

Fiscal Period: December	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
Assets
Gross Property Plant And Equipment	10.28B	12.68B	12.92B	13.26B	13.87B
Accumulated Depreciation	-3.36B	-3.85B	-4.33B	-4.87B	-5.3B
Net Property Plant And Equipment	6.92B	8.84B	8.59B	8.39B	8.57B
Land Held For Development Or Sale	178M	238M	273M	190M	141M
Total Real Estate Assets	7.1B	9.07B	8.86B	8.58B	8.71B
Cash And Equivalents	613M	10.69M	260M	21.04M	25.2M
Accounts Receivable, Total	4.56M	64K	5K	-	8.88M
Investment In Debt and Equity Securities	-	-	14.3M	16.6M	20M
Notes Receivable (Collected)	-	-	-	-	-
Restricted Cash	5.59M	6.75M	8.36M	11.16M	12.04M
Other Current Assets, Total	15.1M	14.4M	12.5M	11.59M	600K
Trading Asset Securities, Total	-	-	-	-	-
Other Long-Term Assets, Total	240M	222M	225M	213M	262M
Total Assets	7.98B	9.33B	9.38B	8.85B	9.04B
Liabilities
Current Portion of Long-Term Debt	386M	247M	537M	-	566M
Current Portion of Leases	3.1M	3.3M	3.3M	2.5M	1.2M
Short-Term Borrowings	-	-	-	-	590M
Long-Term Debt	2.78B	3.43B	3.18B	3.49B	2.75B
Long-Term Leases	6.9M	5.1M	2.7M	700K	21.5M
Accounts Payable, Total	192M	211M	223M	215M	248M
Accrued Expenses, Total	66.67M	95.55M	96.52M	78.53M	92.38M
Other Current Liabilities - (Brok / FS / Ins. / REIT Template)	88.79M	104M	110M	114M	115M
Other Non Current Liabilities	183M	171M	181M	209M	226M
Total Liabilities	3.71B	4.27B	4.33B	4.1B	4.6B
Common Stock, Total	1.13M	1.16M	1.16M	1.16M	1.16M
Additional Paid In Capital	5.36B	5.9B	5.91B	5.93B	5.95B
Distributions In Excess Of Earnings	-829M	-582M	-614M	-898M	-969M
Treasury Stock	-334M	-329M	-320M	-360M	-620M
Comprehensive Income and Other	-3.74M	-1.77M	-1.25M	974K	2.16M
Total Common Equity	4.2B	4.99B	4.98B	4.68B	4.36B
Minority Interest	68.76M	70.3M	71.01M	71.99M	75.73M
Total Equity	4.27B	5.06B	5.05B	4.75B	4.44B
Total Liabilities And Equity	7.98B	9.33B	9.38B	8.85B	9.04B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	103M	109M	109M	109M	106M
ECS Total Common Shares Outstanding	113M	109M	109M	109M	106M
Book Value / Share	37.29	45.9	45.75	43.03	41.01
Tangible Book Value	4.2B	4.99B	4.98B	4.68B	4.36B
Tangible Book Value Per Share	37.29	45.9	45.75	43.03	41.01
Total Debt	3.18B	3.69B	3.72B	3.49B	3.92B
Net Debt	2.57B	3.68B	3.46B	3.47B	3.9B
Debt Equivalent Oper. Leases	33.6M	32M	31.2M	29.6M	32M
Minority Interest, Total (Incl. Fin. Div)	68.76M	70.3M	71.01M	71.99M	75.73M
Equity Method Investments, Total	13.73M	-	-	-	-
Account Code - Inventory Valuation	3	3	-	3	3
Land - (BS)	1.35B	1.72B	1.71B	1.72B	1.79B
Buildings, Total	8.62B	10.67B	10.99B	11.32B	11.79B
Full Time Employees	1.7K	1.65K	1.64K	1.66K	1.64K

Fiscal Period: December	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
Net Income	304M	654M	403M	163M	384M
Depreciation, Depletion & Amortization	398M	527M	575M	582M	596M
Amortization of Goodwill and Intangible Assets - (CF)	21.1M	41.7M	-	-	15.2M
Total Depreciation, Depletion & Amortization	420M	568M	575M	582M	611M
(Gain) Loss On Sale of Asset - (CF)	-174M	-36.37M	-225M	-43.81M	-261M
(Gain) Loss on Sale of Investments - (CF)	-	-474M	-	-	-
Total Asset Writedown	-	-	-	40.99M	12.92M
(Income) Loss On Equity Investments - (CF)	-132K	-33K	-	-	-
Stock-Based Compensation (CF)	15.4M	12.82M	14.51M	15.17M	16.96M
Change in Accounts Payable	14.79M	-2.99M	13.64M	-3.34M	18.29M
Change in Other Net Operating Assets (Collected)	-11.27M	6.9M	4.34M	12.09M	33.44M
Other Operating Activities	9.57M	16.5M	9.76M	8.47M	10.74M
Net Cash From Discontinued Operations	-	-	-	-	-
Cash from Operations	577M	745M	795M	775M	827M
Acquisition of Real Estate Assets, Total	-1.06B	-1.52B	-417M	-398M	-862M
Sale of Real Estate Assets, Total	255M	70.54M	291M	114M	366M
Net Sale / Acquisition of Real Estate Assets	-808M	-1.45B	-126M	-283M	-496M
Investment in Marketable and Equity Securities, Total	-	-	-	-	-
Other Investing Activities, Total	3.6M	-6.83M	-1.26M	-2.17M	-3.37M
Cash from Investing	-804M	-1.46B	-127M	-285M	-500M
Short Term Debt Issued, Total	-	-	-	-	588M
Long-Term Debt Issued, Total	-	1.06B	1.83B	982M	588M
Total Debt Issued	-	1.06B	1.83B	982M	1.18B
Long-Term Debt Repaid, Total	-	-1.07B	-1.81B	-1.21B	-766M
Total Debt Repaid	-	-1.07B	-1.81B	-1.21B	-766M
Issuance of Common Stock	759M	517M	-	-	-
Repurchase of Common Stock	-	-	-	-50M	-271M
Common Dividends Paid	-343M	-397M	-435M	-451M	-461M
Common & Preferred Stock Dividends Paid	-343M	-397M	-435M	-451M	-461M
Special Dividend Paid	-	-	-	-	-
Other Financing Activities, Total	5.2M	-2.01M	-825K	1.52M	-553K
Cash from Financing	421M	110M	-417M	-725M	-322M
Net Change in Cash	194M	-602M	251M	-236M	5.03M
Supplemental Items
Cash Interest Paid	97.3M	111M	129M	130M	140M
Cash Income Tax Paid (Refund)	2.18M	3.22M	3.59M	2.82M	3.48M
Net Debt Issued / Repaid	-	-8M	18.49M	-226M	410M
Levered Free Cash Flow	540M	742M	723M	677M	768M
Unlevered Free Cash Flow	601M	813M	806M	758M	854M
Change In Net Working Capital	-20.2M	-66.48M	-18.24M	24.78M	-46.82M

Fiscal Period: December	2021 (USD)	2022 (USD)	2023 (USD)	2024 (USD)	2025 (USD)
Profitability
Return on Assets	1.95	1.94	2.17	2.07	2.02
Return on Total Capital	2.1	2.07	2.32	2.22	2.18
Return On Equity %	8.03	14.19	8.12	3.49	8.6
Return on Common Equity	7.94	14.21	8.08	3.38	8.49
Margin Analysis
Gross Profit Margin %	61.56	63.17	62.21	61.47	61.73
SG&A Margin	5.1	4.21	4.04	4.65	5
EBITDA Margin %	56.37	58.35	58.17	56.81	56.71
EBITA Margin %	22.17	21.62	21	19.4	19.18
EBIT Margin %	20.36	18.72	21	19.4	18.22
Income From Continuing Operations Margin %	26.81	46.13	26.55	10.98	24.89
Net Income Margin %	26.08	45.58	26.08	10.5	24.23
Net Avail. For Common Margin %	26.04	45.51	26.04	10.48	24.18
Normalized Net Income Margin	6.78	6.2	7.26	6.42	5.29
Levered Free Cash Flow Margin	46.39	51.72	46.76	43.55	48.38
Unlevered Free Cash Flow Margin	51.61	56.67	52.15	48.76	53.83
Asset Turnover
Asset Turnover	0.15	0.17	0.17	0.17	0.18
Fixed Assets Turnover	0.17	0.18	0.18	0.18	0.19
Receivables Turnover (Average Receivables)	280.74	617.09	44.8K	-	177.51
Short Term Liquidity
Current Ratio	0.87	0.05	0.29	0.11	0.03
Quick Ratio	0.84	0.02	0.27	0.05	0.02
Operating Cash Flow to Current Liabilities	0.78	1.13	0.82	1.89	0.51
Days Sales Outstanding (Average Receivables)	1.3	0.59	0.01	-	2.06
Average Days Payable Outstanding	149.65	139.25	135.54	133.67	139.23
Long Term Solvency
Total Debt/Equity	74.55	72.96	73.67	73.49	88.4
Total Debt / Total Capital	42.71	42.18	42.42	42.36	46.92
LT Debt/Equity	65.42	68.01	62.98	73.44	62.34
Long-Term Debt / Total Capital	37.48	39.32	36.26	42.33	33.09
Total Liabilities / Total Assets	46.52	45.79	46.16	46.37	50.92
EBIT / Interest Expense	2.44	2.37	2.43	2.32	2.09
EBITDA / Interest Expense	6.79	7.41	6.77	6.84	6.54
(EBITDA - Capex) / Interest Expense	6.75	7.37	6.73	6.81	6.52
Total Debt / EBITDA	4.81	4.39	4.12	3.93	4.34
Net Debt / EBITDA	3.88	4.38	3.83	3.91	4.31
Total Debt / (EBITDA - Capex)	4.84	4.41	4.15	3.95	4.35
Net Debt / (EBITDA - Capex)	3.91	4.4	3.86	3.92	4.32
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	9.34	23.08	7.83	0.58	2.02
Gross Profit, 1 Yr. Growth %	10.82	26.29	6.32	-0.62	2.45
EBITDA, 1 Yr. Growth %	10.67	27.41	7.62	-1.76	1.83
EBITA, 1 Yr. Growth %	9.72	20.05	5.05	-7.09	0.89
EBIT, 1 Yr. Growth %	4.76	13.15	21.44	-7.09	-4.15
Earnings From Cont. Operations, 1 Yr. Growth %	142.94	111.77	-37.94	-58.39	131.15
Net Income, 1 Yr. Growth %	145.26	115.07	-38.3	-59.51	135.44
Diluted EPS Before Extra, 1 Yr. Growth %	138.85	103.75	-38.69	-59.41	135.99
Normalized Net Income, 1 Yr. Growth %	-0.85	12.66	27.16	-11.08	-16
Net Property, Plant and Equip., 1 Yr. Growth %	5.99	24.48	-5.32	-5.36	-0.06
Accounts Receivable, 1 Yr. Growth %	24.77	-98.6	-92.19	-	-1.19
Total Assets, 1 Yr. Growth %	10.8	16.94	0.6	-5.67	2.16
Common Equity, 1 Yr. Growth %	21.85	18.8	-0.12	-6.13	-6.69
Tangible Book Value, 1 Yr. Growth %	21.85	18.8	-0.12	-6.13	-6.69
Cash From Operations, 1 Yr. Growth %	11.2	28.96	6.75	-2.53	6.68
Capital Expenditures, 1 Yr. Growth %	-46.23	9.3	27	-32.11	-35.66
Levered Free Cash Flow, 1 Yr. Growth %	10.74	36.98	-2.59	-6.39	12.91
Unlevered Free Cash Flow, 1 Yr. Growth %	10.27	34.92	-0.83	-6.01	12.22
Dividend Per Share, 1 Yr. Growth %	0	13.25	6.38	3	1.94
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	5.4	16	15.2	4.15	1.3
Gross Profit, 2 Yr. CAGR %	4.93	18.72	15.81	2.79	0.91
EBITDA, 2 Yr. CAGR %	4.8	19.2	17.03	2.83	0.02
EBITA, 2 Yr. CAGR %	-2.58	15.89	12.12	-1.2	-3.18
EBIT, 2 Yr. CAGR %	-4.85	9.98	17	6.22	-5.63
Earnings From Cont. Operations, 2 Yr. CAGR %	18.02	126.82	14.64	-49.18	-1.93
Net Income, 2 Yr. CAGR %	17.63	129.67	15.2	-50.02	-2.36
Diluted EPS Before Extra, 2 Yr. CAGR %	15.49	120.6	11.77	-50.11	-2.18
Normalized Net Income, 2 Yr. CAGR %	-14.75	7.62	19.27	6.33	-13.58
Net Property, Plant and Equip., 2 Yr. CAGR %	3.65	16.34	10.02	-3.85	-1.65
Accounts Receivable, 2 Yr. CAGR %	0.34	-86.77	-96.69	-	4.12K
Total Assets, 2 Yr. CAGR %	8.72	13.83	8.46	-2.58	-1.83
Common Equity, 2 Yr. CAGR %	7.55	20.31	8.93	-3.17	-6.41
Tangible Book Value, 2 Yr. CAGR %	7.55	20.31	8.93	-3.17	-6.41
Cash From Operations, 2 Yr. CAGR %	1.95	19.75	17.33	2.01	1.97
Capital Expenditures, 2 Yr. CAGR %	-51.58	-23.33	17.82	-7.14	-33.91
Levered Free Cash Flow, 2 Yr. CAGR %	5.28	23.64	15.55	-4.47	3
Unlevered Free Cash Flow, 2 Yr. CAGR %	5.71	22.4	15.71	-3.42	2.88
Dividend Per Share, 2 Yr. CAGR %	1.86	6.42	9.76	4.68	2.47
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	6.24	10.99	13.21	10.11	3.43
Gross Profit, 3 Yr. CAGR %	6.24	11.62	14.39	10.05	2.68
EBITDA, 3 Yr. CAGR %	6.28	11.85	15.16	10.4	2.49
EBITA, 3 Yr. CAGR %	0.35	4.44	12.04	5.31	-0.51
EBIT, 3 Yr. CAGR %	-1.26	0.81	13.53	8.35	2.64
Earnings From Cont. Operations, 3 Yr. CAGR %	24.8	43.41	47.25	-18.22	-15.8
Net Income, 3 Yr. CAGR %	24.86	43.84	48.2	-18.7	-16.21
Diluted EPS Before Extra, 3 Yr. CAGR %	22.07	39.55	43.96	-20.26	-16.29
Normalized Net Income, 3 Yr. CAGR %	-6.55	-6.45	13.51	8.15	-1.7
Net Property, Plant and Equip., 3 Yr. CAGR %	5.31	11.12	9.59	5.73	-1.87
Accounts Receivable, 3 Yr. CAGR %	38.44	-75.83	-88.9	-	417.78
Total Assets, 3 Yr. CAGR %	8.65	11.39	9.24	3.53	-1.03
Common Equity, 3 Yr. CAGR %	8.22	11.18	13.08	3.66	-4.36
Tangible Book Value, 3 Yr. CAGR %	8.22	11.18	13.08	3.66	-4.36
Cash From Operations, 3 Yr. CAGR %	4.66	10.26	15.25	10.3	3.54
Capital Expenditures, 3 Yr. CAGR %	-34.73	-36.48	-9.29	-1.96	-17.83
Levered Free Cash Flow, 3 Yr. CAGR %	7.11	15	14.22	7.75	1.13
Unlevered Free Cash Flow, 3 Yr. CAGR %	6.88	14.73	14.13	7.99	1.65
Dividend Per Share, 3 Yr. CAGR %	2.53	5.52	6.41	7.46	3.76
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	5.47	9.3	9.74	8.2	8.29
Gross Profit, 5 Yr. CAGR %	5.36	10.06	9.97	7.98	8.79
EBITDA, 5 Yr. CAGR %	5.4	10.4	10.45	8.12	8.85
EBITA, 5 Yr. CAGR %	0.28	4.6	4.9	2.08	5.68
EBIT, 5 Yr. CAGR %	-1.42	1.73	5.68	2.86	5.44
Earnings From Cont. Operations, 5 Yr. CAGR %	-7.26	26.92	20.64	-5.3	25.16
Net Income, 5 Yr. CAGR %	-18	27.18	20.9	-5.76	25.41
Diluted EPS Before Extra, 5 Yr. CAGR %	-9.17	23.17	17.84	-7.52	23.34
Normalized Net Income, 5 Yr. CAGR %	-0.9	-1.37	3.03	-1.67	1.78
Net Property, Plant and Equip., 5 Yr. CAGR %	4.75	9.75	7.71	5.43	5.6
Accounts Receivable, 5 Yr. CAGR %	28.01	-48.33	-68.91	-	19.42
Total Assets, 5 Yr. CAGR %	5.76	8.6	8.57	5.58	4.67
Common Equity, 5 Yr. CAGR %	6.84	7.93	8.51	5.2	4.84
Tangible Book Value, 5 Yr. CAGR %	6.84	7.93	8.51	5.2	4.84
Cash From Operations, 5 Yr. CAGR %	5.44	11.37	9.55	6.88	9.74
Capital Expenditures, 5 Yr. CAGR %	9.34	-2.98	-17.34	-26.06	-20.08
Levered Free Cash Flow, 5 Yr. CAGR %	0.89	9.47	10.45	6.79	9.61
Unlevered Free Cash Flow, 5 Yr. CAGR %	0.89	9.09	10.36	7.11	9.5
Dividend Per Share, 5 Yr. CAGR %	2.05	4.62	5.37	5.18	4.81