Filing Flows › Camden Property Trust (CPT) › Q1 2025
Camden Property Trust (CPT) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 2, 2025
Camden Property Trust (CPT) reported revenue of $2.5M for the first quarter 2025 (Q1 2025), +94% from a year earlier and +61% from the quarter before.
Camden Property Trust, Q1 2025: revenue $2.5M (+94% year over year), net earnings $40.8M, operating cash flow $148M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.5M | +61% | +94% |
| Operating profit | −$137M | — | — |
| Net earnings | $40.8M | — | — |
| Operating cash flow | $148M | -3% | +9% |
| Free cash flow | $69.8M | +7% | +134% |
What changed
Revenue was $2.5M in Q1 2025, up 94% year over year and up 61% from the previous quarter.
Operating costs exceeded revenue by $136.9M, an operating margin of -5506.0%. Total costs grew 1% against revenue growth of 94%. The fastest-growing cost line was General & admin (+12%). Net earnings were $38.8M, down 54% year over year. The effective tax rate was 0.0%. Non-operating items added $177.7M, 436% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $148.2M (up 9% year over year), 364% of net income including minority interests. Non-cash charges added back $149.3M of depreciation and amortization and $4.1M of share-based compensation. Working capital and other items used $45.9M. Capital expenditures of $78.4M left free cash flow of $69.8M.
Questions
What was Camden Property Trust's revenue in the first quarter 2025?
Camden Property Trust (CPT) reported revenue of $2.5M for the first quarter 2025 (Q1 2025), +94% from a year earlier and +61% from the quarter before.