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Camden Property Trust (Camden Property Trust) Operating Margin % : 21.21% (As of Dec. 2023)


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What is Camden Property Trust Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Camden Property Trust's Operating Income for the three months ended in Dec. 2023 was $82 Mil. Camden Property Trust's Revenue for the three months ended in Dec. 2023 was $388 Mil. Therefore, Camden Property Trust's Operating Margin % for the quarter that ended in Dec. 2023 was 21.21%.

Warning Sign:

Camden Property Trust operating margin has been in a 5-year decline. The average rate of decline per year is -4.7%.

The historical rank and industry rank for Camden Property Trust's Operating Margin % or its related term are showing as below:

CPT' s Operating Margin % Range Over the Past 10 Years
Min: 18.37   Med: 24.56   Max: 28
Current: 21


CPT's Operating Margin % is ranked worse than
79.86% of 695 companies
in the REITs industry
Industry Median: 51.83 vs CPT: 21.00

Camden Property Trust's 5-Year Average Operating Margin % Growth Rate was -4.70% per year.

Camden Property Trust's Operating Income for the three months ended in Dec. 2023 was $82 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $324 Mil.


Camden Property Trust Operating Margin % Historical Data

The historical data trend for Camden Property Trust's Operating Margin % 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 Operating Margin % Chart

Camden Property Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.34 20.20 19.78 18.37 21.00

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
Operating Margin % 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 20.95 20.51 20.89 21.37 21.21

Competitive Comparison of Camden Property Trust's Operating Margin %

For the REIT - Residential subindustry, Camden Property Trust's Operating Margin %, along with its competitors' market caps and Operating Margin % 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 Operating Margin % Distribution in the REITs Industry

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

* The bar in red indicates where Camden Property Trust's Operating Margin % falls into.



Camden Property Trust Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Camden Property Trust's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=323.816 / 1542.027
=21.00 %

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

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=82.221 / 387.587
=21.21 %

* 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.


Camden Property Trust  (NYSE:CPT) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Camden Property Trust Operating Margin % Related Terms

Thank you for viewing the detailed overview of Camden Property Trust's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


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