Camden Property Trust (CPT) Key Metrics
CPT valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $9.91B
- Enterprise value
- $16.11B
- P/E (TTM)
- 32.5 10-yr median 45.7
- Forward P/E
- 62.5
- PEG ratio
- 9.17
- Price / sales
- 7.2 10-yr median 8.7
- Price / book
- 3.0 10-yr median 2.6
- EV / EBITDA
- 14.6 10-yr median 19.6
- Dividend yield
- 4.30% $4.24 a year
- Beta
- 0.81
CPT key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsCPT valuation Price multiples at each fiscal year-end price.
CPT returns How much profit the business earns on the capital it uses.
CPT per-share figures Results divided by the shares outstanding at year-end.
CPT financial health Debt, liquidity and how easily interest is covered.
CPT efficiency & capital use Working capital cycle and where the cash goes.
CPT valuation history
CPT returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
CPT debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
CPT cash returned to shareholders
CPT price vs earnings per share
CPT key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $11.94B | $12.59B | $10.86B | $12.13B | $18.37B | $9.94B | $10.54B | $8.40B | $8.52B | $7.56B |
| Enterprise value | $15.81B | $16.06B | $14.32B | $15.80B | $21.32B | $12.69B | $13.05B | $11.13B | $10.53B | $9.88B |
| P/E ratio | 31.0 | 77.1 | 26.9 | 18.6 | 60.5 | 80.2 | 48.0 | 53.8 | 43.4 | 9.2 |
| Price / sales | 7.6 | 8.2 | 7.0 | 8.5 | 16.1 | 9.5 | 10.3 | 8.8 | 9.5 | 8.6 |
| Price / book | 2.7 | 2.7 | 2.2 | 2.4 | 4.3 | 2.8 | 2.8 | 2.4 | 2.4 | 2.4 |
| Price / free cash flow | 30.9 | 33.0 | 28.3 | 41.1 | 123.5 | 107.9 | 71.2 | 58.1 | 62.8 | 75.5 |
| Price / operating cash flow | 14.4 | 16.3 | 13.7 | 16.3 | 31.8 | 19.1 | 19.0 | 16.7 | 19.6 | 17.1 |
| EV / sales | 10.0 | 10.4 | 9.3 | 11.1 | 18.6 | 12.2 | 12.7 | 11.7 | 11.7 | 11.3 |
| EV / EBITDA | 13.8 | 18.1 | 12.8 | 18.8 | 25.6 | 21.5 | 20.3 | 20.3 | 36.3 | 12.3 |
| EV / free cash flow | 40.9 | 42.1 | 37.3 | 53.5 | 143.3 | 137.8 | 88.1 | 77.0 | 77.6 | 98.6 |
| Earnings yield | 3.2% | 1.3% | 3.7% | 5.4% | 1.7% | 1.2% | 2.1% | 1.9% | 2.3% | 10.8% |
| Free cash flow yield | 3.2% | 3.0% | 3.5% | 2.4% | 0.8% | 0.9% | 1.4% | 1.7% | 1.6% | 1.3% |
| Dividend yield | 3.9% | 3.6% | 4.0% | 3.3% | 1.9% | 3.4% | 3.0% | 3.5% | 3.3% | 8.8% |
| Shareholder yield (dividends + buybacks) | 6.1% | 4.0% | 4.0% | 3.3% | 1.9% | 3.4% | 3.0% | 3.7% | 3.3% | 8.8% |
| Share price at fiscal year-end | $110.08 | $116.04 | $99.29 | $111.88 | $178.68 | $99.92 | $106.10 | $88.05 | $92.06 | $84.07 |
| Per share | ||||||||||
| Revenue per share | $14.51 | $14.22 | $14.10 | $13.13 | $11.12 | $10.50 | $10.35 | $10.01 | $9.74 | $9.75 |
| Earnings per share | $3.55 | $1.50 | $3.69 | $6.03 | $2.96 | $1.25 | $2.21 | $1.64 | $2.12 | $9.12 |
| Operating cash flow per share | $7.62 | $7.14 | $7.27 | $6.87 | $5.62 | $5.22 | $5.59 | $5.28 | $4.70 | $4.93 |
| Free cash flow per share | $3.56 | $3.51 | $3.51 | $2.72 | $1.45 | $0.93 | $1.49 | $1.52 | $1.47 | $1.11 |
| Cash per share | $0.23 | $0.19 | $2.37 | $0.10 | $5.97 | $4.23 | $0.23 | $0.36 | $3.98 | $3.75 |
| Book value per share | $40.23 | $43.07 | $45.53 | $46.01 | $41.49 | $35.36 | $37.25 | $36.05 | $38.50 | $35.29 |
| Tangible book value per share | $40.23 | $43.07 | $45.53 | $46.01 | $41.49 | $35.36 | $37.25 | $36.05 | $38.50 | $35.29 |
| Dividends per share | $4.25 | $4.15 | $3.98 | $3.66 | $3.34 | $3.35 | $3.19 | $3.12 | $3.03 | $7.38 |
| Capex per share | $4.06 | $3.63 | $3.76 | $4.15 | $4.17 | $4.30 | $4.10 | $3.77 | $3.23 | $3.81 |
| Debt per share | $35.97 | $32.11 | $33.96 | $33.96 | $34.59 | $31.88 | $25.43 | $29.03 | $25.71 | $29.53 |
| Shares outstanding | 108.4M | 108.5M | 109.4M | 108.4M | 102.8M | 99.4M | 99.4M | 95.4M | 92.5M | 89.9M |
| Change in shares outstanding | −0.1% | −0.8% | +0.9% | +5.4% | +3.4% | +0.1% | +4.2% | +3.1% | +2.9% | +0.5% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 8.5% | 3.4% | 8.1% | 14.1% | 7.8% | 3.4% | 6.2% | 4.5% | 5.8% | 26.7% |
| Return on invested capital (ROIC) | 3.5% | 3.5% | 3.8% | 3.3% | 3.3% | 3.3% | 4.0% | 4.0% | 4.2% | 4.4% |
| Return on assets (ROA) | 4.3% | 1.8% | 4.3% | 7.6% | 4.0% | 1.8% | 3.4% | 2.5% | 3.2% | 13.6% |
| Return on tangible assets | 4.3% | 1.8% | 4.3% | 7.0% | 3.8% | 1.7% | 3.3% | 2.5% | 3.2% | 13.6% |
| Free cash flow margin | 24.5% | 24.7% | 24.9% | 20.8% | 13.0% | 8.8% | 14.4% | 15.1% | 15.0% | 11.4% |
| Income quality (OCF / net income) | 2.15 | 4.75 | 1.97 | 1.14 | 1.90 | 4.19 | 2.53 | 3.23 | 2.21 | 0.54 |
| Financial health | ||||||||||
| Total debt | $3.90B | $3.49B | $3.72B | $3.68B | $3.56B | $3.17B | $2.53B | $2.77B | $2.38B | $2.65B |
| Cash & short-term investments | $25.2M | $21.0M | $259.7M | $10.7M | $613.4M | $420.4M | $23.2M | $34.4M | $368.5M | $337.4M |
| Net debt | $3.88B | $3.46B | $3.46B | $3.67B | $2.94B | $2.75B | $2.50B | $2.73B | $2.01B | $2.32B |
| Debt / equity | 0.89 | 0.75 | 0.75 | 0.74 | 0.83 | 0.90 | 0.68 | 0.81 | 0.67 | 0.84 |
| Debt / assets | 0.43 | 0.39 | 0.40 | 0.39 | 0.45 | 0.44 | 0.37 | 0.45 | 0.39 | 0.44 |
| Net debt / EBITDA | 3.38 | 3.91 | 3.08 | 4.37 | 3.54 | 4.67 | 3.90 | 5.00 | 6.93 | 2.90 |
| Current ratio | 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 | 0.65 | 0.07 | −0.02 | −0.03 | −0.04 | 0.24 | 1.60 | 1.44 |
| Interest coverage | 2.1 | 2.3 | 2.4 | 2.3 | 2.3 | 2.3 | 3.1 | 2.8 | 2.7 | 2.6 |
| Working capital | −$409.3M | −$366.1M | −$149.6M | −$421.7M | $290.5M | $118.8M | −$257.8M | −$209.7M | $149.2M | $113.8M |
| Invested capital | $8.24B | $8.14B | $8.44B | $8.66B | $7.21B | $6.27B | $6.21B | $6.17B | $5.57B | $5.49B |
| Tangible asset value | $4.44B | $4.75B | $5.05B | $5.06B | $4.27B | $3.52B | $3.70B | $3.44B | $3.56B | $3.17B |
| Net current asset value | −$4.56B | −$4.06B | −$4.05B | −$4.24B | −$3.07B | −$3.24B | −$3.00B | −$2.72B | −$2.21B | −$2.49B |
| Graham number | $56.65 | $38.18 | $61.45 | $79.01 | $52.53 | $31.49 | $43.03 | $36.44 | $42.89 | $85.09 |
| Graham net-net per share | −$42.17 | −$37.56 | −$37.14 | −$39.21 | −$26.86 | −$30.36 | −$29.95 | −$28.63 | −$24.07 | −$27.81 |
| Capital allocation | ||||||||||
| Dividends paid | $460.9M | $451.0M | $434.9M | $396.8M | $343.0M | $333.4M | $317.3M | $298.0M | $280.8M | $663.4M |
| Share buybacks (net) | $270.7M | $50.0M | $0 | $0 | $0 | $0 | $0 | $14.7M | $0 | $0 |
| Dividend payout ratio | 119.9% | 276.2% | 107.8% | 60.7% | 112.9% | 269.0% | 144.5% | 190.9% | 142.9% | 80.9% |
| Dividends + buybacks / free cash flow | 189.4% | 131.4% | 113.2% | 134.4% | 230.6% | 362.1% | 214.3% | 216.4% | 207.1% | 662.6% |
| Capex / revenue | 28.0% | 25.5% | 26.6% | 31.6% | 37.5% | 40.9% | 39.6% | 37.6% | 33.2% | 39.1% |
| Capex / operating cash flow | 53.3% | 50.8% | 51.7% | 60.3% | 74.2% | 82.3% | 73.4% | 71.3% | 68.8% | 77.4% |
| Capex / depreciation | 0.72 | 0.68 | 0.71 | 0.78 | 1.02 | 1.16 | 1.21 | 1.19 | 1.13 | 1.37 |
| Stock-based compensation / revenue | 1.1% | 1.0% | 0.9% | 0.9% | 1.3% | 1.3% | 1.5% | 1.8% | 1.9% | 2.3% |
| R&D / revenue | — | — | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| SG&A / revenue | 5.0% | 4.7% | 4.1% | 4.2% | 5.2% | 5.1% | 5.2% | 5.3% | 5.6% | 5.4% |
| Efficiency | ||||||||||
| Days sales outstanding | 2.1 | 2.5 | 3.0 | 4.1 | 6.2 | 7.3 | 7.9 | 9.0 | 9.7 | 10.2 |
| Days of inventory on hand | — | — | 0.0 | — | 447.6 | 222.9 | 28.3 | -1.1 | -1.1 | 263.4 |
| Days payables outstanding | 139.2 | 133.3 | 135.5 | 139.0 | 149.7 | 149.9 | 146.3 | 134.4 | 135.5 | 145.4 |
| Cash conversion cycle (days) | -137.2 | -130.8 | -132.5 | -134.9 | 304.1 | 80.4 | -110.1 | -126.5 | -126.9 | 128.2 |
| Receivables turnover | 176.06 | 147.76 | 122.05 | 88.84 | 58.91 | 49.72 | 45.96 | 40.65 | 37.49 | 35.68 |
| Payables turnover | 2.62 | 2.74 | 2.69 | 2.63 | 2.44 | 2.44 | 2.49 | 2.72 | 2.69 | 2.51 |
| Inventory turnover | — | — | 584,343,000.00 | — | 0.82 | 1.64 | 12.92 | — | — | 1.39 |
| Asset turnover | 0.18 | 0.17 | 0.16 | 0.16 | 0.15 | 0.15 | 0.16 | 0.15 | 0.15 | 0.15 |
| Average receivables | $8.9M | $10.4M | $12.6M | $16.0M | $19.4M | $21.0M | $22.4M | $23.5M | $24.0M | $24.6M |
| Average payables | $231.6M | $218.9M | $217.0M | $201.5M | $183.6M | $173.7M | $159.3M | $137.6M | $133.1M | $135.6M |
| Average inventory | — | — | $1 | — | $549.2M | $258.3M | $30.8M | −$1.1M | −$1.1M | $245.6M |
| Intangibles / total assets | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Computed from CPT's annual financial statements (latest annual report filed February 12, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
CPT valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Camden Property traded at 31.0 times earnings, against a 10-year median of 45.7. Based on the latest twelve months, the trailing P/E is 32.5 and the forward P/E is 62.5. Camden Property earned a return on equity of 8.5% and a return on invested capital of 3.5% in fiscal 2025. It ended the year with $3.9 billion of debt and $25.2 million in cash and short-term investments, net debt of $3.9 billion. It returned $731.6 million to shareholders: $460.9 million in dividends and $270.7 million in share buybacks, 189% of free cash flow. The share count rose 20.6% from 89.9M to 108.4M over 9 years.
See the CPT income statement, the CPT chart for price history, or the CPT stock overview for the latest quote and news.
CPT key metrics FAQ
What is Camden Property's P/E ratio?
Camden Property's trailing P/E ratio is 32.5 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 62.5. At the end of fiscal 2025 it was 31.0, compared with a 10-year median of 45.7.
What is Camden Property's EV/EBITDA?
Camden Property's enterprise value was 13.8 times EBITDA at the end of fiscal 2025 (enterprise value $15.8 billion, EBITDA $1.1 billion); the current EV/EBITDA is 14.6.
What is Camden Property's return on equity?
Camden Property's return on equity (ROE) was 8.5% in fiscal 2025: net income of $384.5 million on average shareholders' equity of $4.5 billion.
What is Camden Property's ROIC?
Camden Property's return on invested capital was 3.5% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Camden Property have?
Camden Property had total debt of $3.9 billion at the end of fiscal 2025, a debt-to-equity ratio of 0.89 and $3.9 billion of net debt (3.38 times EBITDA).
What is Camden Property's dividend yield?
Camden Property's forward dividend yield is 4.30%. Camden Property paid $460.9 million in dividends in fiscal 2025 ($4.25 per share), a payout ratio of 119.9%.
Does Camden Property buy back its shares?
Yes. Camden Property spent $270.7 million on net share repurchases in fiscal 2025 Shares outstanding changed −0.1% over the year, to 108.4M..
What is Camden Property's free cash flow yield?
Camden Property generated $386.2 million of free cash flow in fiscal 2025, a free cash flow yield of 3.2% on its market value at year-end ($11.9 billion).
What is Camden Property's current ratio?
Camden Property's current ratio was 0.10 at the end of fiscal 2025: current assets were 0.10 times current liabilities.