Camden Property Trust (CPT) Financial Ratios
30 years of historical data (1996–2025) · Real Estate · REIT - Residential
EV/EBITDA
↓
16.50
↓-20% vs avg
5yr avg: 20.59
30Y Low9.2·High32.4
P/FCF
↓
28.40
↓-45% vs avg
5yr avg: 51.36
30Y Low5.6·High174.0
P/B Ratio
↓
2.56
-10% vs avg
5yr avg: 2.84
30Y Low0.9·High11.5
ROE
↑
8.4%
↓+1% vs avg
5yr avg: 8.3%
30Y Low-5%·High27%
Debt/EBITDA
↓
4.33
↓-0% vs avg
5yr avg: 4.35
30Y Low2.0·High9.2
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
CPT Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Camden Property Trust trades at 29.6x earnings, 31% 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 23%. On a free-cash-flow basis, the stock trades at 28.4x P/FCF, 45% 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 | $11.0B | $11.9B | $12.6B | $10.9B | $12.1B | $18.4B | $9.9B | $10.5B | $8.4B | $8.5B | $7.6B |
| Enterprise Value | $14.8B | $15.8B | $16.1B | $14.3B | $15.8B | $20.9B | $12.7B | $13.0B | $10.7B | $10.4B | $9.8B |
| P/E Ratio → | 29.59 | 31.10 | 77.36 | 26.84 | 18.55 | 60.36 | 80.58 | 47.79 | 53.69 | 43.42 | 9.22 |
| P/S Ratio | 6.97 | 7.59 | 8.16 | 7.04 | 8.52 | 16.07 | 9.52 | 10.25 | 8.80 | 9.45 | 8.62 |
| P/B Ratio | 2.56 | 2.69 | 2.65 | 2.15 | 2.40 | 4.31 | 2.83 | 2.85 | 2.44 | 2.39 | 2.38 |
| P/FCF | 28.40 | 30.91 | 33.05 | 28.29 | 41.07 | 123.52 | 107.91 | 71.23 | 58.10 | 62.82 | 75.50 |
| P/OCF | 13.27 | 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
CPT EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Camden Property Trust's enterprise value stands at 16.5x EBITDA, 20% below its 5-year average of 20.6x. This is roughly in line with the Real Estate sector median of 16.7x.
| 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 | 16.50 | 17.57 | 18.26 | 15.93 | 18.84 | 32.36 | 21.94 | 22.24 | 19.88 | 9.22 | 11.10 |
| EV / EBIT | 51.38 | 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 |
CPT Profitability
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 26.0%. 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.
Margins
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% |
Return on Capital
| 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% |
CPT Leverage & Debt
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 |
CPT Liquidity & Efficiency
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 | — | — | — | — | — | — | — | — | — | — | — |
CPT Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Camden Property Trust returns 6.5% to shareholders annually — split between a 4.1% dividend yield and 2.5% 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 3.4% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
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 | 4.1% | 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% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 3.4% | 3.2% | 1.3% | 3.7% | 5.4% | 1.7% | 1.2% | 2.1% | 1.9% | 2.3% | 10.8% |
| FCF Yield | 3.5% | 3.2% | 3.0% | 3.5% | 2.4% | 0.8% | 0.9% | 1.4% | 1.7% | 1.6% | 1.3% |
| Buyback Yield | 2.5% | 2.3% | 0.4% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.2% | 0.0% | 0.0% |
| Total Shareholder Yield | 6.5% | 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 |
Peer Comparison
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 |
|---|---|---|---|---|---|---|---|---|---|
 CPTYou | $11B | 29.6 | 16.5 | 28.4 | 61.4% | 18.4% | 8.4% | 2.6% | 4.3 |
 MAA | $15B | 34.4 | 16.5 | 21.1 | 31.8% | 28.0% | 7.5% | 4.2% | 4.4 |
 UDR | $12B | 32.7 | 18.1 | 19.6 | 25.6% | 18.8% | 8.8% | 2.3% | 6.2 |
 EQR | $25B | 22.8 | 15.7 | 19.2 | 46.3% | 36.3% | 9.7% | 4.2% | 4.1 |
 AVB | $26B | 25.1 | 19.1 | 18.2 | 67.0% | 30.1% | 8.9% | 3.3% | 5.1 |
 ESS | $17B | 25.6 | 16.7 | 16.0 | 68.8% | 43.9% | 11.7% | 5.0% | 4.8 |
 IRT | $4B | 68.8 | 16.8 | 26.5 | -14.9% | 18.4% | 1.6% | 1.6% | 6.3 |
 NHI | $4B | 24.2 | 16.8 | 16.1 | 36.7% | 51.5% | 9.7% | 5.6% | 4.2 |
 NXRT | $748M | -23.4 | 18.5 | 9.0 | 84.3% | 11.1% | -8.9% | 1.1% | 12.6 |
 BRT | $272M | -21.9 | 20.2 | 25.1 | 0.2% | 11.4% | -6.3% | 1.3% | 13.6 |
 ELME | $192M | -1.2 | — | 3.1 | — | — | -23.3% | -15.3% | — |
| Real Estate Median | — | 24.1 | 16.7 | 15.4 | 52.1% | 26.0% | 3.5% | 3.0% | 7.9 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Start ComparisonCPT — Frequently Asked Questions
Quick answers to the most common questions about buying CPT stock.
What is Camden Property Trust's P/E ratio?
Camden Property Trust's current P/E ratio is 29.6x. The historical average is 40.4x. This places it at the 59th percentile of its historical range.
What is Camden Property Trust's EV/EBITDA?
Camden Property Trust's current EV/EBITDA is 16.5x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 16.7x.
What is Camden Property Trust's ROE?
Camden Property Trust's return on equity (ROE) is 8.4%. The historical average is 7.3%.
Is CPT stock overvalued?
Based on historical data, Camden Property Trust is trading at a P/E of 29.6x. This is at the 59th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Camden Property Trust's dividend yield?
Camden Property Trust's current dividend yield is 4.06% with a payout ratio of 119.9%.
What are Camden Property Trust's profit margins?
Camden Property Trust has 61.4% gross margin and 18.4% operating margin. Operating margin between 10-20% is typical for established companies.
How much debt does Camden Property Trust have?
Camden Property Trust's Debt/EBITDA ratio is 4.3x, indicating high leverage. A ratio above 4x may signal elevated financial risk.