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Camden Property Trust CPT Business Segments — Real Estate Tax Expense

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Other financials

Income statement

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Revenue$2.1M-13.8%
Gross profit-$138.4M-0.4%
Net income$42.4M+9.3%
EPS (diluted)$0.40+11.1%

Balance sheet

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Cash & equivalents$130.3M+245%
Total debt$5.2B+24.6%
Total equity$4.0B-12.7%
Total assets$9.1B+0.7%

Cash flow

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Operating cash flow$148.1M-0.1%
CapEx$971.0K+2.2%
Free cash flow$195.8M+28.5%

Valuation

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Market cap$11.09B-2.5%
Enterprise value$16.14B+3.0%
P/E28.6×-44.4×
P/S878.5×-481×

Profitability

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Gross margin-4,270.4%-1,320pp
Net margin3,074.5%+1,657pp
FCF margin5,444.7%

Returns & leverage

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Return on equity9%+6.5pp
Debt / equity1.3×+0.4×

Where this comes from

Reported directly by Camden Property Trust in its filing.

Tagged under the XBRL concept us-gaap:RealEstateTaxExpense.

The source filing: Camden Property Trust’s 10-Q, filed May 1, 2026.

Filed
May 1, 2026, 12:05 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-029188
(in thousands)Three Months Ended March 31, 2026Three Months Ended March 31, 2025
Property revenues$388,773$390,565
Property expenses:
Real estate taxes(49,890)(49,722)
Salaries and benefits for on-site employees(26,345)(25,784)
Utilities(27,626)(27,778)
Repairs and maintenance(16,750)(16,713)
Other property and maintenance expenses (a)(19,458)(19,423)
Net operating income$248,704$251,145

Item 1. Financial Statements

FAQ

What is Camden Property Trust's business segments — real estate tax expense?
Camden Property Trust (CPT) reported business segments — real estate tax expense of $49.89M in Q1 2026.
How has Camden Property Trust's business segments — real estate tax expense changed year-over-year?
Camden Property Trust's business segments — real estate tax expense increased by 0.3% year-over-year, from $49.72M to $49.89M.
What is the long-term trend for Camden Property Trust's business segments — real estate tax expense?
Over 3 years (2022 to 2025), Camden Property Trust's business segments — real estate tax expense has grown at a 2.6% compound annual growth rate (CAGR), from $182.34M to $196.82M.
What does business segments — real estate tax expense mean?
This represents the property-level tax obligations paid to local and state jurisdictions for the company's real estate holdings. These expenses are largely driven by assessed property values and local tax rate adjustments. Monitoring this helps investors understand the impact of rising property valuations and municipal tax burdens on operating margins.

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