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Camden Property Trust (Camden Property Trust) Gross Profit : $958 Mil (TTM As of Dec. 2023)


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What is Camden Property Trust Gross Profit?

Camden Property Trust's gross profit for the three months ended in Dec. 2023 was $242 Mil. Camden Property Trust's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $958 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Camden Property Trust's gross profit for the three months ended in Dec. 2023 was $242 Mil. Camden Property Trust's Revenue for the three months ended in Dec. 2023 was $388 Mil. Therefore, Camden Property Trust's Gross Margin % for the quarter that ended in Dec. 2023 was 62.40%.

Camden Property Trust had a gross margin of 62.40% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Camden Property Trust was 62.80%. The lowest was 59.48%. And the median was 60.85%.


Camden Property Trust Gross Profit Historical Data

The historical data trend for Camden Property Trust's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Camden Property Trust Gross Profit Chart

Camden Property Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 631.07 620.86 695.71 893.56 957.68

Camden Property Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 240.98 234.77 238.73 242.34 241.84

Competitive Comparison of Camden Property Trust's Gross Profit

For the REIT - Residential subindustry, Camden Property Trust's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Camden Property Trust's Gross Profit Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Camden Property Trust's Gross Profit distribution charts can be found below:

* The bar in red indicates where Camden Property Trust's Gross Profit falls into.



Camden Property Trust Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Camden Property Trust's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=1542.027 - 584.343
=958

Camden Property Trust's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=387.587 - 145.744
=242

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $958 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Camden Property Trust's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=242 / 387.587
=62.40 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Camden Property Trust  (NYSE:CPT) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Camden Property Trust had a gross margin of 62.40% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Camden Property Trust Gross Profit Related Terms

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Camden Property Trust (Camden Property Trust) Business Description

Traded in Other Exchanges
Address
11 Greenway Plaza, Suite 2400, Houston, TX, USA, 77046
Camden Property Trust is a real estate investment trust primarily engaged in the acquisition, management, and development of multifamily apartment communities across the United States. The company's real estate portfolio consists primarily of apartment properties throughout the Sun Belt. Houston, Dallas, Las Vegas, and Atlanta represent some of Camden's largest housing markets in terms of apartment units. The firm derives nearly all of its revenue from the leasing of properties to tenants through short-term agreements. Camden Property derives the majority of its revenue from the Washington D.C., Los Angeles, Houston, Atlanta, and southeastern Florida areas.
Executives
Alexander J. Jessett officer: Senior VP - Finance 3 GREENWAY PLAZA, SUITE 1300, HOUSTON TX 77046
William W. Sengelmann officer: SVP - Real Estate Investments 3 GREENWAY PLAZA, SUITE 1300, HOUSTON TX 77046
Heather J. Brunner director 3900 N. CAPITAL OF TEXAS HIGHWAY, SUITE 300, AUSTIN TX 78746
Richard J Campo director, officer: Chairman and CEO C/O CAMDEN PROPERTY TRUST, 3 GREENWAY PLAZA STE 1300, HOUSTON TX 77046
Frances Aldrich Sevilla-sacasa director 3 GREENWAY PLAZA, SUITE 1300, HOUSTON TX 77046
Michael P Gallagher officer: Vp & CAO 3 GREENWAY PLAZA, SUITE 1300, HOUSTON TX 77046
Kelvin R Westbrook director MILLENNIUM DIGITAL MEDIA SYSTEMS L.L.C., 16305 SWINGLEY RIDGE ROAD, SUITE 100, ST. LOUIS MO 63017
Javier Benito director STARWOOD HOTELS & RESORTS WORLDWIDE, INC, 1111 WESTCHESTER AVENUE, WHITE PLAINS NY 10604
D Keith Oden director, officer: President and COO C/O CAMDEN PROPERTY TRUST, 3 GREENWAY PLAZA STE 1300, HOUSTON TX 77046
Laurie Baker officer: SVP, Fund & Asset Management 3 GREENWAY PLAZA, SUITE 1300, HOUSTON TX 77046
H Malcolm Stewart officer: Executive Vice President C/O CAMDEN PROPERTY TRUST, 3 GREENWAY PLAZASTE 1300, HOUSTON TX 77046
Scott S Ingraham director
William F Paulsen director 400 NORTH CHURCH STREET, 213, CHARLOTTE NC 28202
Mark Gibson director C/O HFF, INC., 429 FOURTH AVENUE, SUITE 200, PITTSBURGH PA 15219
William B Mcguire director 1227 SCOTLAND AVE, CHARLOTTE NC 28207