Camden Property Trust (CPT) FY2013 results: revenue $789 million, up 13.0% on the year
Camden Property Trust (CPT) reported revenue of $789 million for fiscal 2013, the year ended 31 December 2013, up 13.0% on the year before. Net income was $336 million, up 18.7%, and diluted earnings per share $3.78. The figures are the company's own, from the 10-K it filed with the SEC on 21 February 2014.
Revenue
$789 million
+13.0% on the year
FY2009FY2013
Operating margin
n/a
FY2009FY2013
Net income
$336 million
+18.7% on the year
FY2009FY2013
Diluted EPS
$3.78
+14.5% on the year
FY2009FY2013
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2013
FY2012
FY2011
On the year
Last 8 years
Revenue
789
698
599
+13.0%
Interest expense
99.8
104
112
-4.3%
Net income
336
283
49.4
+18.7%
Net margin
42.6%
40.6%
8.2%
Diluted EPS
$3.78
$3.30
$0.66
+14.5%
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2013
FY2012
FY2011
On the year
Last 8 years
Operating cash flow
404
324
245
+24.7%
Capital expenditure
17.5
4.8
2.4
+265.5%
Free cash flow
387
319
242
+21.1%
Free cash flow margin
49.0%
45.7%
40.4%
Cash from investing
-259
-528
-187
Cash from financing
-154
175
-173
Depreciation and amortisation
222
210
182
+5.6%
Share-based compensation
14.1
13.1
12.0
+7.5%
Dividends paid
220
189
152
+16.4%
Dividend per share
$2.52
$2.24
$1.96
+12.5%
Diluted shares, weighted
88m
86m
74m
+3.4%
Shares outstanding at period end
85m
84m
72m
+1.1%
Balance sheet
$ million
FY2013
FY2012
FY2011
On the year
Last 8 years
Shareholders' equity
2,692
2,563
1,759
+5.0%
Non-controlling interest
68.6
63.6
69.1
+7.9%
Redeemable equity
47.2
0.0
n/a
Debt
2,531
2,510
2,432
+0.8%
Other liabilities
294
248
362
+18.6%
Total liabilities and equity
5,632
5,385
4,622
+4.6%
Intangible assets
1.2
2.6
n/a
-53.8%
Cash and equivalents
17.8
26.7
55.2
-33.3%
Other assets
5,613
5,356
4,567
+4.8%
Total assets
5,632
5,385
4,622
+4.6%
10-K for the year ended 31 December 2013, filed 21 February 2014: the filing.