CAMDEN PROPERTY TRUST（CPT）の決算・業績分析
CAMDEN PROPERTY TRUSTの2025年有価証券報告書をAI分析。売上高$13M(+81.7%)。Real Estate。
目次
CAMDEN PROPERTY TRUSTの2025年度 業績サマリー
CAMDEN PROPERTY TRUST（証券コード: CPT）の2025年度決算・業績分析。売上高は$13M（前年比+81.7%）。純利益は$384M（前年比+135.4%）。有価証券報告書を基に、業績変化の要因・リスク・見通し・セグメント構成を AI が分析しました。
CAMDEN PROPERTY TRUSTの2024年度 注目ポイント
※ 直近の2025年度XBRLデータは取込済みですが、AI分析は2024年度の10-Kを対象としています。
- Net income surged +115.1% YoY to $654M (XBRL), despite a 50.7% YoY revenue decline to $5M (XBRL).
- Free cash flow turned negative at $-711M (XBRL), driven by $-1.5B in investing cash flow (XBRL).
- Net debt remains elevated at $3.5B (XBRL), with a debt-to-equity ratio of 0.87x (XBRL).
- Revenue has declined for five consecutive years, with a 5Y CAGR of -13.8% (XBRL).
- Net income CAGR of +20.9% (XBRL) contrasts with revenue decline, reflecting cost management improvements.
CAMDEN PROPERTY TRUSTの売上高変化の要因
- •Revenue fell 50.7% YoY to $5M (XBRL), continuing a five-year decline with a CAGR of -13.8% (XBRL). Historical data shows revenue peaked at $11M in FY2022 before declining to $5M in FY2024. No segment or geographic revenue breakdown is available (N/A). The company's focus on multifamily housing remains its sole revenue driver (10-K).
CAMDEN PROPERTY TRUSTの営業利益変化の要因
- •Net income rose +115.1% YoY to $654M (XBRL), with a net margin of 12598.5% (XBRL). This extreme margin reflects the company's REIT structure and tax advantages. Operating income and gross profit data are not available (N/A). Net income has grown at a 20.9% CAGR over five years (XBRL), outpacing revenue growth.
CAMDEN PROPERTY TRUSTの事業リスクと対応
Capital/credit market volatility could limit financing availability and growth (10-K).
Economic downturns may reduce rental rates, occupancy, and resident financial stability (10-K).
Short-term leases (14 months) increase exposure to declining market rents (10-K).
Land holdings risk impairment charges if market values decline (10-K).
Development risks include cost overruns, delays, and unmet occupancy forecasts (10-K).
Competition from alternative housing (e.g., low mortgage rates) threatens revenue stability (10-K).
CAMDEN PROPERTY TRUSTの事業内容
Camden Property Trust (CPT) is a real estate investment trust (REIT) focused on owning, managing, developing, and redeveloping multifamily apartment communities (10-K). Its primary revenue streams include rental income from operating properties, property acquisitions, dispositions, and financing activities (XBRL). The company's competitive advantages include sophisticated property management, economies of scale in core markets, and a geographically diverse portfolio (10-K). Key products include operating multifamily communities, land holdings for future development, and properties under construction (10-K). No significant customer concentration is reported (N/A).
CAMDEN PROPERTY TRUSTのAI業績分析レポート（2024年度）
Camden Property Trust (CPT) FY2024 Annual Report Analysis
Highlights
Business Overview
Camden Property Trust (CPT) is a real estate investment trust (REIT) focused on owning, managing, developing, and redeveloping multifamily apartment communities (10-K). Its primary revenue streams include rental income from operating properties, property acquisitions, dispositions, and financing activities (XBRL). The company's competitive advantages include sophisticated property management, economies of scale in core markets, and a geographically diverse portfolio (10-K). Key products include operating multifamily communities, land holdings for future development, and properties under construction (10-K). No significant customer concentration is reported (N/A).
Revenue Analysis
Revenue fell 50.7% YoY to $5M (XBRL), continuing a five-year decline with a CAGR of -13.8% (XBRL). Historical data shows revenue peaked at $11M in FY2022 before declining to $5M in FY2024. No segment or geographic revenue breakdown is available (N/A). The company's focus on multifamily housing remains its sole revenue driver (10-K).
Profitability Analysis
Net income rose +115.1% YoY to $654M (XBRL), with a net margin of 12598.5% (XBRL). This extreme margin reflects the company's REIT structure and tax advantages. Operating income and gross profit data are not available (N/A). Net income has grown at a 20.9% CAGR over five years (XBRL), outpacing revenue growth.
Balance Sheet Analysis
Total equity declined slightly to $5.0B in FY2024 (XBRL), with a 53.1% equity ratio (XBRL). Long-term debt remains at $3.5B (XBRL), resulting in a net debt of $3.5B (XBRL). Cash balances are minimal at $11M (XBRL). Return on equity (ROE) is 13.1% (XBRL), and return on assets (ROA) is 7.0% (XBRL).
Cash Flow Analysis
Operating cash flow increased to $745M (XBRL), but free cash flow was negative at $-711M (XBRL) due to $-1.5B in investing cash flow (XBRL). Financing cash flow was $110M (XBRL), driven by $397M in dividends paid (XBRL). No share repurchases occurred (XBRL). Depreciation and amortization totaled $577M (XBRL).
Working Capital Analysis
N/A
Risks
Outlook
N/A
Historical Time Series
| Metric | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | 7M | 9M | 11M | 11M | 5M | 3M |
| Operating Income | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | 156M | 220M | 124M | 304M | 654M | 403M |
| Total Assets | 6.7B | 7.2B | 8.0B | 9.3B | 9.4B | 8.9B |
| Total Equity | 3.6B | 3.4B | 4.2B | 5.0B | 5.0B | 4.7B |
| Operating Cash Flow | 504M | 556M | 519M | 577M | 745M | 795M |
Real Estateの企業一覧
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