Camden Property Trust (CPT) Q3 2025 10-Q Quarterly Report

Filed: Nov 7, 2025Period ending Sep 30, 2025
Financials
Real Estate Investment TrustsSEC EDGAR

Camden Property Trust (CPT) 10-Q quarterly report for Q3 2025, filed with SEC EDGAR on Nov 7, 2025 for the fiscal period ending Sep 30, 2025. This page provides AI-powered analysis including management discussion & analysis (MD&A), risk factor updates, and key quarterly financial data such as revenue and net income extracted from XBRL.

Camden Property Trust Q3 2025 10-Q Analysis

Management Discussion & Analysis

  • Revenue $396M for Q3 FY2025, up 2.2% YoY from $387M; same-store revenue up 0.8% to $375M
  • Net income $108.9M Q3 FY2025 vs loss of $4.2M Q3 FY2024; Operating margin approx. 63.2% (NOI $250M / Revenue $396M) Q3 FY2025
  • Best segment: Non-same store NOI up 128.2% to $9.8M Q3 FY2025; Worst segment: Same-store NOI flat at $237.9M Q3 FY2025 (-$0.1M YoY)
  • Cash from ops $629.8M YTD 9/30/2025 vs $622.5M YTD 9/30/2024; Capital expenditures $310.4M YTD, up from $306.6M; $50M in share repurchases Q3 2025
  • Management expects manageable supply/demand balance; maintains strong liquidity with $1.2B credit facility and $429.6M commercial paper outstanding; ongoing property acquisitions, development, and selective dispositions planned

Risk Factors

  • Continuing risk of multifamily market cyclicality affecting occupancy and rental rates
  • Exposure to interest rate fluctuations impacting borrowing costs and refinancing activities
  • Regulatory risks involving compliance with fair housing and environmental laws
  • Operational risk from potential disruptions in property management and maintenance
  • Concentration risk due to significant geographic focus in Texas and southeastern U.S. markets

Camden Property Trust Q3 2025 Quarterly Financials
XBRL

Revenue

$3M

+50.3% YoY -2.6% QoQ

Net Income

$109M

+2691.2% YoY +35.0% QoQ

Net Margin

4246.9%

+449322bp YoY +118313bp QoQ

Source: XBRL data from Camden Property Trust Q3 2025 10-Q filing on SEC EDGAR. All figures in USD.

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