Camden Property Trust (Camden Property Trust) Gross Margin % : 62.40% (As of Dec. 2023)

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What is Camden Property Trust Gross Margin %?

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%.

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

CPT' s Gross Margin % Range Over the Past 10 Years
Min: 59.48 Med: 60.85 Max: 62.8
Current: 61.91

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%.

CPT's Gross Margin % is ranked worse than
66.19% of 630 companies
in the REITs industry
Industry Median: 68.83 vs CPT: 61.91

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

The 5-Year average Growth Rate of Gross Margin for Camden Property Trust was 0.60% per year.

Camden Property Trust Gross Margin % Historical Data

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

Camden Property Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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61.36

59.48

60.84

62.80

62.11

Camden Property Trust Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Gross Margin %	Get a 7-Day Free Trial															62.08	61.93	62.01	62.40	61.27

Competitive Comparison of Camden Property Trust's Gross Margin %

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

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

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

Camden Property Trust Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

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

Gross Margin % (A: Dec. 2023 )	=	Gross Profit (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	957.7	/	1542.027
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1542.027 - 584.343)	/	1542.027
	=	62.11 %

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 )
	=	241.8	/	387.587
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(387.587 - 145.744)	/	387.587
	=	62.40 %

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 Margin % 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

Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.

Camden Property Trust Gross Margin % Related Terms

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Camden Property Trust (Camden Property Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Camden Property Trust (NYSE:CPT) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

CAL:Germany C2PT34:Brazil

Address

11 Greenway Plaza, Suite 2400, Houston, TX, USA, 77046

Website

https://www.camdenliving.com

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