Sector: N/A | Industry: N/A |
See Regulatory Filings on SEC |
Company Contact | |
Address: | SUITE 2400, 11 GREENWAY PLAZA HOUSTON TX 77046 |
Tel: | 1-713-3542549 |
Website: | https://www.camdenliving.com |
IR: | See website |
Key People | ||
Richard J. Campo Chairman of the Board of Trust Managers, Chief Executive Officer | David Keith Oden President, Executive Vice Chairman of the Board and Trust Manager | Alexander J. Jessett Chief Financial Officer, Executive Vice President, Assistant Secretary |
Laurie A. Baker Chief Operating Officer, Executive Vice President | William W. Sengelmann Executive Vice President - Real Estate Investments |
Business Overview |
Camden Property Trust is a real estate investment trust (REIT). The Company and its subsidiaries are primarily engaged in the ownership, management, development, reposition, redevelopment, acquisition, and construction of multifamily apartment communities. It owns interests in, operates and develops 176 multifamily properties comprised of 59,800 apartment homes across the United States. Its four properties were under construction and consist of a total of 1,166 apartment homes. The Company's properties consist of mid-rise buildings or two- and three-story buildings in a landscaped setting, as well as high-rise buildings, and provide residents with a variety of amenities common to multifamily rental properties. The Company's properties include Camden Chandler, Camden Copper Square, Camden Foothills, Camden Legacy, and others. Its properties are located in Arizona, California, Colorado, Florida, Georgia, North Carolina, Washington District of Columbia (DC) Metro and Texas, among others. |
Financial Overview |
For the fiscal year ended 31 December 2023, Camden Property Trust revenues increased 8% to $1.54B. Net income applicable to common stockholders decreased 38% to $402.7M. Revenues reflect NAREIT FFO - Per Share - Diluted - Total increase of 3% to $6.78. Net income was offset by Gain on acqusition of Controlling Int decrease from $474.1M (income) to $0K, Depreciation - Investment Property increase of 9% to $562.4M (expense). |
Employees: | 1,640 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $13,938M as of Dec 31, 2023 |
Annual revenue (TTM): | $1,542M as of Dec 31, 2023 |
EBITDA (TTM): | $617.57M as of Dec 31, 2023 |
Net annual income (TTM): | $402.66M as of Dec 31, 2023 |
Free cash flow (TTM): | -$50.86M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $3,456M as of Dec 31, 2023 |
Shares outstanding: | 108,849,198 as of Mar 15, 2024 |
Index Membership: | S&P 500 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |