Formed on May 25, 1993, Camden Property Trust, a Texas real estate investment trust ("REIT"), and all consolidated subsidiaries are primarily engaged in the ownership, management, development, reposition, redevelopment, acquisition, and construction of multifamily apartment communities. Unless the context requires otherwise, "we," "our," "us," and the "Company" refer to Camden Property …
The business is unprofitable at the operating level (-4882.29% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue up 81.7% YoY with margins expanding 3861.3pp.
Net debt of $3.90B represents 4.7x FCF, leverage limits flexibility.
Profitability & Returns
Revenue (TTM)
$13M
▲ +81.7% YoY
Net Income (TTM)
$388M
▲ +135.4% YoY
Op. Margin
-5023.21%
▲ +3861.3pp YoY
ROIC
-5.71%
▼ -0.2pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$827M
▲ +6.9% YoY
Op. Cash Flow (TTM)
$827M
▲ +6.7% YoY
Net Debt
$4.83B
Cash & Equiv.
$41M
5Y CAGR: +3.7%
5Y CAGR: +10.0%
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