For the year ending 2025-12-31.
| Income Statement | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Property revenues | 1,573,544 | 1,543,842 | 1,542,027 | 1,422,756 |
| Property operating and maintenance | 369,889 | 365,681 | 353,911 | 315,737 |
| Real estate taxes | 196,821 | 193,124 | 195,009 | 182,344 |
| Total property expenses | 566,710 | 558,805 | 548,920 | 498,081 |
| Fee and asset management | 12,967 | 7,137 | 3,451 | 5,188 |
| Interest and other income | 256 | 4,420 | 879 | 3,019 |
| Income on deferred compensation plans | 19,260 | 12,629 | 15,398 | -19,637 |
| Total non-property income | 32,483 | 24,186 | 19,728 | -11,430 |
| Property management | 37,452 | 38,331 | 33,706 | 28,601 |
| Fee and asset management | 3,074 | 2,200 | 1,717 | 2,516 |
| General and administrative | 79,344 | 72,365 | 62,506 | 60,413 |
| Interest | 138,239 | 129,815 | 133,395 | 113,424 |
| Depreciation and amortization | 611,025 | 582,014 | 574,813 | 577,020 |
| Expense on deferred compensation plans | 19,260 | 12,629 | 15,398 | -19,637 |
| Total other expenses | 888,394 | 837,354 | 821,535 | 762,337 |
| Impairment associated with land development activities | 12,916 | 40,988 | - | - |
| Loss on early retirement of debt | 0 | -921 | -2,513 | 0 |
| Gain on sale of operating properties | 260,910 | 43,806 | 225,416 | 36,372 |
| Gain on acquisition of unconsolidated joint venture interests | - | - | - | 474,146 |
| Equity in income of joint ventures | - | 0 | 0 | 3,048 |
| Income from continuing operations before income taxes | 398,917 | 173,766 | 414,203 | 664,474 |
| Income tax expense | 4,019 | 2,926 | 3,650 | 2,966 |
| Net income | 394,898 | 170,840 | 410,553 | 661,508 |
| Net income allocated to non-controlling interests | 10,436 | 7,547 | 7,244 | 7,895 |
| Net income attributable to common shareholders | 384,462 | 163,293 | 403,309 | 653,613 |
| Basic EPS | 3.54 | 1.5 | 3.71 | 6.07 |
| Diluted EPS | 3.54 | 1.5 | 3.7 | 6.04 |
| Basic Average Shares | 108,376,000 | 108,491,000 | 108,653,000 | 107,605,000 |
| Diluted Average Shares | 108,434,000 | 108,539,000 | 109,399,000 | 108,388,000 |
CAMDEN PROPERTY TRUST (CPT)
CAMDEN PROPERTY TRUST (CPT)