30 years of historical data (1996–2025) · Real Estate · REIT - Residential
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Camden Property Trust trades at 30.8x earnings, 28% below its 5-year average of 42.8x, sitting at the 59th percentile of its historical range. Compared to the Real Estate sector median P/E of 24.1x, the stock trades at a premium of 28%. On a free-cash-flow basis, the stock trades at 29.6x P/FCF, 42% below the 5-year average of 51.4x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $11.4B | $11.9B | $12.6B | $10.9B | $12.1B | $18.4B | $9.9B | $10.5B | $8.4B | $8.5B | $7.6B |
| Enterprise Value | $15.3B | $15.8B | $16.1B | $14.3B | $15.8B | $20.9B | $12.7B | $13.0B | $10.7B | $10.4B | $9.8B |
| P/E Ratio → | 30.79 | 31.10 | 77.36 | 26.84 | 18.55 | 60.36 | 80.58 | 47.79 | 53.69 | 43.42 | 9.22 |
| P/S Ratio | 7.25 | 7.59 | 8.16 | 7.04 | 8.52 | 16.07 | 9.52 | 10.25 | 8.80 | 9.45 | 8.62 |
| P/B Ratio | 2.66 | 2.69 | 2.65 | 2.15 | 2.40 | 4.31 | 2.83 | 2.85 | 2.44 | 2.39 | 2.38 |
| P/FCF | 29.55 | 30.91 | 33.05 | 28.29 | 41.07 | 123.52 | 107.91 | 71.23 | 58.10 | 62.82 | 75.50 |
| P/OCF | 13.81 | 14.44 | 16.25 | 13.66 | 16.28 | 31.82 | 19.13 | 18.98 | 16.67 | 19.59 | 17.06 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
Camden Property Trust's enterprise value stands at 17.0x EBITDA, 17% below its 5-year average of 20.6x. This is roughly in line with the Real Estate sector median of 17.0x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 10.05 | 10.40 | 9.29 | 11.10 | 18.30 | 12.15 | 12.68 | 11.19 | 11.49 | 11.18 |
| EV / EBITDA | 16.99 | 17.57 | 18.26 | 15.93 | 18.84 | 32.36 | 21.94 | 22.24 | 19.88 | 9.22 | 11.10 |
| EV / EBIT | 52.92 | 29.44 | 52.90 | 26.15 | 60.06 | 50.86 | 57.16 | 42.62 | 43.36 | 399.93 | 17.82 |
| EV / FCF | — | 40.94 | 42.13 | 37.28 | 53.50 | 140.71 | 137.74 | 88.12 | 73.93 | 76.37 | 97.91 |
Margins and return-on-capital ratios measuring operating efficiency
Camden Property Trust earns an operating margin of 18.4%, below the Real Estate sector average of 24.8%. Operating margins have compressed from 21.0% to 18.4% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 8.4% is modest. ROIC of 2.6% represents below-average returns on invested capital.
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 61.4% | 61.4% | 61.2% | 62.1% | 62.8% | 60.8% | 59.5% | 61.4% | 60.9% | 60.2% | 61.2% |
| Operating Margin | 18.4% | 18.4% | 19.3% | 21.0% | 18.4% | 19.8% | 20.2% | 24.3% | 24.8% | 26.2% | 28.0% |
| Net Profit Margin | 24.4% | 24.4% | 10.6% | 26.2% | 45.9% | 26.6% | 11.9% | 21.4% | 16.4% | 21.8% | 93.5% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 8.4% | 8.4% | 3.3% | 8.0% | 14.0% | 7.8% | 3.4% | 6.2% | 4.5% | 5.8% | 26.7% |
| ROA | 4.3% | 4.3% | 1.8% | 4.3% | 7.6% | 4.0% | 1.8% | 3.4% | 2.5% | 3.2% | 13.6% |
| ROIC | 2.6% | 2.6% | 2.7% | 2.8% | 2.5% | 2.6% | 2.5% | 3.1% | 3.2% | 3.3% | 3.3% |
| ROCE | 3.4% | 3.4% | 3.4% | 3.6% | 3.2% | 3.1% | 3.2% | 4.0% | 4.0% | 4.0% | 4.2% |
Solvency and debt-coverage ratios — lower is generally safer
Camden Property Trust carries a Debt/EBITDA ratio of 4.3x, which is highly leveraged (45% below the sector average of 7.9x). Net debt stands at $3.9B ($3.9B total debt minus $25M cash). Interest coverage of 3.9x is adequate, though a cyclical earnings downturn could tighten the margin of safety.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.88 | 0.88 | 0.73 | 0.74 | 0.73 | 0.74 | 0.90 | 0.68 | 0.68 | 0.62 | 0.78 |
| Debt / EBITDA | 4.33 | 4.33 | 3.96 | 4.13 | 4.39 | 4.90 | 5.48 | 4.30 | 4.32 | 1.96 | 2.81 |
| Net Debt / Equity | — | 0.87 | 0.73 | 0.68 | 0.73 | 0.60 | 0.78 | 0.68 | 0.67 | 0.52 | 0.71 |
| Net Debt / EBITDA | 4.31 | 4.31 | 3.94 | 3.85 | 4.38 | 3.95 | 4.75 | 4.26 | 4.26 | 1.64 | 2.54 |
| Debt / FCF | — | 10.03 | 9.09 | 9.00 | 12.43 | 17.19 | 29.83 | 16.89 | 15.83 | 13.54 | 22.41 |
| Interest Coverage | 3.89 | 3.89 | 2.34 | 4.11 | 2.32 | 4.23 | 2.42 | 3.79 | 2.92 | 0.30 | 5.91 |
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.10x is below 1.0, meaning current liabilities exceed current assets. The current ratio has declined from 0.65x to 0.10x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.10 | 0.10 | 0.10 | 0.65 | 0.07 | 1.84 | 1.36 | 0.16 | 0.24 | 1.59 | 1.44 |
| Quick Ratio | 0.10 | 0.10 | 0.10 | 0.65 | 0.07 | 1.84 | 1.36 | 0.16 | 0.24 | 1.60 | 1.44 |
| Cash Ratio | 0.06 | 0.06 | 0.05 | 0.60 | 0.02 | 1.77 | 1.29 | 0.08 | 0.12 | 1.46 | 1.32 |
| Asset Turnover | — | 0.17 | 0.17 | 0.16 | 0.15 | 0.14 | 0.14 | 0.15 | 0.15 | 0.15 | 0.15 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Camden Property Trust returns 6.3% to shareholders annually — split between a 3.9% dividend yield and 2.4% buyback yield. The payout ratio exceeds 100% at 119.9%, meaning the company is paying out more than it earns — this level is unsustainable long-term without earnings recovery. The earnings yield of 3.2% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 3.9% | 3.9% | 3.6% | 4.0% | 3.3% | 1.9% | 3.4% | 3.0% | 3.5% | 3.3% | 8.8% |
| Payout Ratio | 119.9% | 119.9% | 276.2% | 107.8% | 60.7% | 112.9% | 269.0% | 144.5% | 190.9% | 142.9% | 80.9% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 3.2% | 3.2% | 1.3% | 3.7% | 5.4% | 1.7% | 1.2% | 2.1% | 1.9% | 2.3% | 10.8% |
| FCF Yield | 3.4% | 3.2% | 3.0% | 3.5% | 2.4% | 0.8% | 0.9% | 1.4% | 1.7% | 1.6% | 1.3% |
| Buyback Yield | 2.4% | 2.3% | 0.4% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.2% | 0.0% | 0.0% |
| Total Shareholder Yield | 6.3% | 6.1% | 4.0% | 4.0% | 3.3% | 1.9% | 3.4% | 3.0% | 3.7% | 3.3% | 8.8% |
| Shares Outstanding | — | $108M | $109M | $109M | $108M | $103M | $99M | $99M | $95M | $93M | $90M |
Compare CPT with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
| $11B | 30.8 | 17.0 | 29.6 | 61.4% | 18.4% | 8.4% | 2.6% | 4.3 | |
| $15B | 35.1 | 16.7 | 21.5 | 31.8% | 28.0% | 7.5% | 4.2% | 4.4 | |
| $12B | 33.2 | 18.3 | 19.9 | 25.6% | 18.8% | 8.8% | 2.3% | 6.2 | |
| $24B | 22.0 | 15.3 | 18.6 | 46.3% | 36.3% | 9.7% | 4.2% | 4.1 | |
| $25B | 24.0 | 18.5 | 17.4 | 67.0% | 30.1% | 8.9% | 3.3% | 5.1 | |
| $18B | 26.3 | 17.0 | 16.4 | 68.8% | 43.9% | 11.7% | 5.0% | 4.8 | |
| $4B | 65.9 | 16.4 | 25.4 | -14.9% | 18.4% | 1.6% | 1.6% | 6.3 | |
| $3B | 23.5 | 16.4 | 15.6 | 36.7% | 51.5% | 9.7% | 5.6% | 4.2 | |
| $684M | -21.4 | 18.0 | 8.2 | 84.3% | 11.1% | -8.9% | 1.1% | 12.6 | |
| $280M | -22.6 | 20.4 | 42.2 | 0.2% | 11.4% | -6.3% | 1.3% | 13.6 | |
| $179M | -1.1 | — | 2.9 | — | — | -23.3% | -15.3% | — | |
| Real Estate Median | — | 24.1 | 17.0 | 15.4 | 49.3% | 24.8% | 3.7% | 2.7% | 7.9 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Includes 30+ ratios · 30 years · Updated daily
Deep dive into CPT consensus models and risk factors.
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
See how regular investing compounds over time.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying CPT stock.
Camden Property Trust's current P/E ratio is 30.8x. The historical average is 40.4x. This places it at the 59th percentile of its historical range.
Camden Property Trust's current EV/EBITDA is 17.0x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 16.7x.
Camden Property Trust's return on equity (ROE) is 8.4%. The historical average is 7.3%.
Based on historical data, Camden Property Trust is trading at a P/E of 30.8x. This is at the 59th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Camden Property Trust's current dividend yield is 3.90% with a payout ratio of 119.9%.
Camden Property Trust has 61.4% gross margin and 18.4% operating margin. Operating margin between 10-20% is typical for established companies.
Camden Property Trust's Debt/EBITDA ratio is 4.3x, indicating high leverage. A ratio above 4x may signal elevated financial risk.