CPTCAMDEN PROPERTY TRUST
Real Estate Investment Trusts
- Revenue
- $13M
- 82% YoY
- Operating margin
- —
- EBITDA
- —
- Market cap
- $10.1B
- Employees
- 1,640
- $8K revenue each
- Net debt / EBITDA
- —
- $4.8B net debt
- AI in 10-K
- 0.2
- mentions per 10K words
Takeover score 3 of 13
Fixable underperformance 1 of 7
- TSR below peersNo—3+ of last 5 years
- High CEO pay despite TSRNo—Median CEO pay ≥ $15M while TSR trails
- Earnings not backed by cashNo215% of net incomeCash flow under 80% of net income
- Dilutive SBCYes131% of revenueOver 10% of revenue
- Payouts exceed cash flowNo89% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyNo—Over 40% of assets
- Shareholder dissentNo93% lowest supportAny vote under 80% support
Buyer economics 2 of 4
- Low revenue per employeeYes$8K · 4th pctBottom quartile of its SIC industry
- Quiet on AIYes0.2 per 10K words · 13th pctBottom quartile of AI mentions in 10-Ks
- Net cashNo—More cash than debt, positive EBITDA
- Buyout-sizedNo$10.1B market capMarket cap $500M–$5B
Catalysts 0 of 2
- Active 13DNo0 filingsActive-intent 13D in 18 months
- Net insider sellingNo−$10M netNet sales over $10M in 12 months
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $11M | $5M | $3M | $7M | $13M | 82% |
| Net income | $304M | $654M | $403M | $163M | $384M | 135% |
| Operating cash flow | $577M | $745M | $795M | $775M | $827M | 6.7% |
| Stock-based comp | $15M | $13M | $15M | $15M | $17M | 12% |
| Buybacks | — | $0 | $0 | $50M | $271M | 441% |
| Dividends | $343M | $397M | $435M | $451M | $461M | 2.2% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $10M · 15
- Net
- −$10M
Pay vs performance
No pay-versus-performance disclosure yet.