The company maintains a conservative capital structure with a 0.88 debt-to-equity ratio as of 2025Q4, providing a necessary buffer against potential valuation volatility in the multifamily sector.
| Metric | TTM | Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 | Dec'07 | Dec'06 | Dec'05 | Dec'04 | Dec'03 | Dec'02 | Dec'01 | Dec'00 | Dec'99 | Dec'98 | Dec'97 | Dec'96 |
|---|
| Total Assets | 8.64B | 9.04B | 8.85B | 9.38B | 9.33B | 7.98B | 7.2B | 6.75B | 6.22B | 6.17B | 6.03B | 6.04B | 6.06B | 5.63B | 5.39B | 4.62B | 4.7B | 1.28B | 4.73B | 4.89B | 4.59B | 4.49B | 2.63B | 2.63B | 2.61B | 2.45B | 2.43B | 2.49B | 2.35B | 1.32B | 603.51M |
| Asset Growth % | -0.17% | 2.16% | -5.67% | 0.6% | 16.94% | 10.8% | 6.67% | 8.5% | 0.74% | 2.42% | -0.16% | -0.32% | 7.54% | 4.59% | 16.51% | -1.65% | 266.99% | -72.93% | -3.28% | 6.64% | 2.19% | 70.68% | 0.14% | 0.6% | 6.54% | 0.77% | -2.29% | 5.96% | 77.39% | 119.32% | 3.62% |
| Real Estate & Other Assets | 0 | 9.01B | 8.79B | 497.78M | 9.28B | 7.32B | 6.73B | 6.67B | 205.45M | 195.76M | 142.01M | 355.32M | 5.81B | 5.54B | 5.24B | 124.2M | -4.38B | -1.22B | -4.53B | -4.66B | -4.38B | -4.15B | -2.41B | -2.5B | -2.54B | -2.4B | -2.32B | -2.42B | -2.32B | -1.3B | -590.18M |
| PP&E (Net) | 0 | 0 | 0 | 8.59B | 6M | 6.9M | 9.2M | 10.6M | 5.93B | 5.55B | 5.49B | 5.61B | 5.68B | 5.43B | 5.16B | 4.4B | 4.35B | 1.17B | 4.51B | 4.65B | 4.37B | 4.14B | 2.4B | 2.49B | 2.52B | 2.31B | 2.3B | 2.4B | 2.29B | 1.29B | 590.18M |
| Investment Securities | 0 | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 0 |
| Total Current Assets | 48.76M | 46.13M | 41.2M | 279.95M | 30.8M | 637.64M | 444.69M | 49.33M | 66.52M | 401.84M | 369.85M | 41.69M | 212.94M | 52.12M | 96.8M | 55.16M | 202.47M | 100.27M | 44.41M | 36.84M | 35.2M | 60.84M | 88.55M | 79.79M | 26.66M | 12.01M | 82.86M | 43.99M | 8.28M | 9.21M | 6.06M |
| Cash & Equivalents | 40.68M | 25.2M | 21.05M | 259.69M | 10.69M | 613.39M | 420.44M | 23.18M | 34.38M | 368.49M | 237.36M | 10.62M | 153.92M | 17.79M | 26.67M | 55.16M | 170.57M | 27.18M | 7.41M | 897K | 1.03M | 1.58M | 2.25M | 3.36M | 405K | 5.63M | 4.94M | 5.52M | 5.65M | 6.47M | 2.37M |
| Receivables | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Other Current Assets | 0 | 12.04M | 11.16M | 8.36M | 6.75M | 5.59M | 4.09M | 4.32M | 9.22M | 9.31M | 8.46M | 5.97M | 33.04M | 6.6M | 36.51M | 16.21M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 500K | 1.2M | 2.6M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 4.95B | 4.6B | 4.1B | 4.33B | 4.27B | 3.71B | 3.68B | 3.05B | 2.78B | 2.61B | 2.86B | 3.07B | 3.1B | 2.82B | 2.76B | 2.79B | 2.94B | 1.05B | 3.13B | 3.14B | 2.63B | 2.9B | 1.73B | 1.64B | 1.57B | 1.33B | 1.25B | 1.27B | 1.11B | 549.73M | 308.08M |
| Total Debt | 0 | 3.9B | 3.49B | 3.72B | 3.68B | 3.17B | 3.17B | 2.52B | 2.32B | 2.2B | 2.48B | 2.72B | 2.74B | 2.53B | 2.51B | 2.43B | 2.56B | 1.03B | 2.83B | 2.83B | 2.33B | 2.63B | 1.58B | 1.51B | 1.43B | 1.21B | 1.14B | 1.17B | 1B | 480.75M | 244.18M |
| Net Debt | -40.68M | 3.88B | 3.46B | 3.46B | 3.67B | 2.56B | 2.75B | 2.5B | 2.29B | 1.84B | 2.24B | 2.71B | 2.59B | 2.51B | 2.48B | 2.38B | 2.39B | 1B | 2.82B | 2.83B | 2.33B | 2.63B | 1.57B | 1.51B | 1.43B | 1.2B | 1.13B | 1.16B | 996.92M | 474.29M | 241.82M |
| Long-Term Debt | 0 | 3.9B | 3.49B | 3.72B | 3.64B | 3.17B | 3.17B | 2.52B | 2.32B | 2.2B | 2.48B | 2.72B | 2.73B | 2.53B | 2.51B | 2.43B | 2.56B | 2.63B | 0 | 2.83B | 2.33B | 2.63B | 1.58B | 1.51B | 1.43B | 1.21B | 1.14B | 1.17B | 1B | 480.75M | 244.18M |
| Short-Term Borrowings | 0 | 0 | 0 | 0 | 42M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.83B | 2.83B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 2.7M | 0 | 700K | 6M | 8.4M | 10M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Liabilities | 1.28M | 455.44M | 407.26M | 429.54M | 452.55M | 347.11M | 325.91M | 307.1M | 276.21M | 252.64M | 256.01M | 242.85M | 256.77M | 205.74M | 180.32M | 154.99M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Payable | 0 | 248.09M | 215.18M | 222.6M | 211.37M | 191.65M | 175.61M | 171.72M | 146.87M | 128.31M | 137.81M | 133.35M | 157.23M | 113.31M | 101.9M | 93.75M | 0 | 0 | 0 | 0 | 0 | 0 | 31.9M | 26.15M | 36.19M | 13.34M | 13.59M | 20.32M | 24.18M | 13.7M | 7.51M |
| Deferred Revenue | 1.28M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 4.95B | 248.51M | 212.11M | 180.99M | 171.15M | 183.05M | 189.83M | 215.58M | 184M | 154.57M | 118.96M | 97.81M | 100.06M | 88.27M | 67.68M | 109.28M | -2.56B | -2.63B | 0 | -2.83B | -2.33B | -2.63B | -1.58B | -1.51B | -1.43B | -1.21B | -1.14B | -1.17B | -1B | -480.75M | -244.18M |
| Total Equity | 4.1B | 4.44B | 4.75B | 5.05B | 5.06B | 4.27B | 3.52B | 3.7B | 3.44B | 3.56B | 3.17B | 2.97B | 2.96B | 2.81B | 2.63B | 1.83B | 1.76B | 230.53M | 1.6B | 1.75B | 1.96B | 1.59B | 898.08M | 981.27M | 1.04B | 1.12B | 1.18B | 1.21B | 1.24B | 773.89M | 295.43M |
| Equity Growth % | -28.56% | -6.51% | -6.03% | -0.1% | 18.53% | 21.32% | -5% | 7.68% | -3.49% | 12.27% | 6.74% | 0.53% | 5.31% | 6.88% | 43.71% | 4.01% | 662.33% | -85.59% | -8.68% | -10.55% | 22.99% | 77.26% | -8.48% | -5.66% | -7.48% | -5.08% | -2.39% | -2.31% | 60.51% | 161.96% | 9.5% |
| Shareholders Equity | 4.03B | 4.36B | 4.68B | 4.98B | 4.99B | 4.2B | 3.44B | 3.63B | 3.36B | 3.48B | 3.09B | 2.9B | 2.88B | 2.74B | 2.56B | 1.76B | 1.69B | 151.92M | 1.41B | 1.53B | 1.73B | 1.37B | 738.51M | 784.88M | 839.45M | 918.25M | 974.18M | 1.02B | 1.17B | 710.56M | 295.43M |
| Minority Interest | 75.97M | 75.73M | 71.99M | 71.01M | 70.3M | 68.77M | 71.68M | 73.04M | 73.68M | 79.35M | 80.68M | 76.34M | 72.81M | 68.64M | 63.61M | 69.05M | 70.95M | 78.6M | 187.79M | 219.95M | 223.51M | 221.02M | 159.57M | 196.38M | 200.73M | 206.08M | 210.38M | 196.85M | 71.78M | 63.33M | 0 |
| Common Stock | 1.16M | 1.16M | 1.16M | 1.16M | 1.16M | 1.13M | 1.07M | 1.07M | 1.03M | 1.03M | 978K | 976K | 976K | 967K | 962K | 845K | 824K | 770K | 660K | 654K | 650K | 608K | 486K | 483K | 479K | 476K | 450K | 448K | 447K | 317K | 165K |
| Additional Paid-in Capital | 0 | 5.95B | 5.93B | 5.91B | 5.9B | 5.36B | 4.58B | 4.57B | 4.15B | 4.14B | 3.68B | 3.66B | 3.67B | 3.6B | 3.59B | 2.9B | 2.78B | 2.53B | 2.24B | 2.21B | 2.18B | 1.9B | 1.35B | 1.33B | 1.31B | 1.3B | 1.31B | 1.3B | 1.3B | 780.74M | 348.34M |
| Retained Earnings | 0 | -969.24M | -897.93M | -613.65M | -581.53M | -829.45M | -791.08M | -584.17M | -495.5M | -368.7M | -289.18M | -457.64M | -453.78M | -494.17M | -598.95M | -690.47M | -595.32M | -492.57M | -312.31M | -227.03M | -213.66M | -295.07M | -361.97M | -297.81M | -224.76M | -194.72M | -153.97M | -132.2M | -98.9M | -63.53M | -49.52M |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 42K | 42K | 42K | 0 | 0 |
| Return on Assets (ROA) | 4.33% | 4.3% | 1.79% | 4.31% | 7.55% | 4.01% | 1.78% | 3.39% | 2.52% | 3.22% | 13.59% | 4.12% | 5% | 6.11% | 5.65% | 1.21% | 1.01% | -1.67% | 1.48% | 3.13% | 5.13% | 5.34% | 1.57% | 1.12% | 2.95% | 2.51% | 3.03% | 2.55% | 3.12% | 3.99% | 1.47% |
| Return on Equity (ROE) | 8.71% | 8.37% | 3.33% | 7.98% | 14.02% | 7.81% | 3.43% | 6.15% | 4.46% | 5.83% | 26.68% | 8.41% | 10.14% | 12.38% | 12.69% | 3.15% | 3.04% | -5.48% | 4.24% | 8% | 13.12% | 15.26% | 4.4% | 2.91% | 6.89% | 5.31% | 6.21% | 5.02% | 5.69% | 7.19% | 3.08% |
| Debt / Assets | 0% | 43.14% | 39.38% | 39.59% | 39.46% | 39.74% | 43.99% | 37.4% | 37.33% | 35.71% | 41.15% | 45.13% | 45.3% | 44.93% | 46.62% | 52.62% | 54.55% | 80.48% | 59.88% | 57.83% | 50.83% | 58.67% | 59.95% | 57.5% | 54.68% | 49.27% | 46.82% | 46.83% | 42.7% | 36.32% | 40.46% |
| Debt / Equity | 0.00x | 0.88x | 0.73x | 0.74x | 0.73x | 0.74x | 0.90x | 0.68x | 0.68x | 0.62x | 0.78x | 0.92x | 0.93x | 0.90x | 0.96x | 1.33x | 1.46x | 4.47x | 1.77x | 1.61x | 1.19x | 1.65x | 1.76x | 1.54x | 1.37x | 1.07x | 0.96x | 0.96x | 0.81x | 0.62x | 0.83x |
| Net Debt / EBITDA | -0.05x | 4.31x | 3.94x | 3.85x | 4.38x | 3.95x | 4.75x | 4.26x | 4.26x | 1.64x | 2.54x | 5.80x | 5.94x | 5.56x | 6.26x | 7.17x | 7.81x | 4.26x | 9.17x | 8.90x | 5.87x | 6.07x | 7.20x | 6.91x | 6.36x | 4.93x | 4.51x | 5.29x | 5.32x | 4.18x | 4.84x |
| Book Value per Share | 39.13 | 40.93 | 43.74 | 46.18 | 46.66 | 41.49 | 35.36 | 37.25 | 36.05 | 38.50 | 35.29 | 33.21 | 33.42 | 31.72 | 30.70 | 24.88 | 25.61 | 3.70 | 28.93 | 29.62 | 32.89 | 28.27 | 21.17 | 23.73 | 23.53 | 27.03 | 28.62 | 27.40 | 28.11 | 27.29 | 19.72 |
Sunbelt supply saturation
According to recent financial statements, Camden Property Trust has maintained a conservative capital structure, with total assets of $8.6B as of 2026Q1, though the lack of reported property, plant, and equipment data suggests a shift in how the company is accounting for its core real estate assets.
The company's asset base has remained relatively flat over the last ten quarters, which may indicate a pivot toward capital preservation rather than aggressive expansion. Investors should monitor whether this stagnation in asset growth reflects a deliberate pause in development starts to mitigate exposure to oversupplied Sunbelt submarkets.
As reported in quarterly filings, CPT maintains a debt-to-equity ratio of 0.88 as of 2025Q4, which, based on historical figures, suggests a highly disciplined approach to property-level financing that provides significant cushion against potential valuation volatility in the multifamily sector.
This low leverage profile appears to be a strategic choice to maintain a fortress balance sheet, allowing the company to navigate periods of high interest rates without the immediate pressure of refinancing. However, the absence of detailed debt maturity data warrants further investigation into whether this conservative stance limits the company's ability to optimize its cost of capital.
Based on the most recent financial data, CPT reported cash reserves of $40.7M in 2026Q1, a figure that has fluctuated significantly from the $268M observed in 2023Q4, indicating a potential tightening of liquidity as the company funds its ongoing development pipeline and operational requirements.
The sharp decline in cash balances suggests that the company is actively deploying capital into its development projects, which may increase reliance on external financing if market conditions deteriorate. Analysts should monitor the company's ability to maintain sufficient liquidity to cover its development commitments without resorting to dilutive equity issuance.
Financial disclosures indicate that the company's net property, plant, and equipment value dropped to zero in recent quarters, which, according to standard accounting practices, suggests a significant change in reporting methodology that obscures the true book value of the underlying multifamily portfolio.
This lack of transparency regarding the carrying value of properties makes it difficult to assess the true net asset value per share. Investors should be cautious, as this reporting anomaly may mask potential impairments or changes in the depreciation schedule that could impact future earnings quality.
Quick answers to the most common questions about buying CPT stock.
As of 2025, Camden Property Trust (CPT) had total assets of $9.04B including $46.1M in current assets.
Camden Property Trust (CPT) carries total debt of $3.90B. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Camden Property Trust (CPT) has total shareholders' equity (book value) of $4.36B ($40.93 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Camden Property Trust (CPT) reported a current ratio of 0.10x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.