Camden Property Trust (CPT) FY2014 results: revenue $790 million, up 0.2% on the year
Camden Property Trust (CPT) reported revenue of $790 million for fiscal 2014, the year ended 31 December 2014, up 0.2% on the year before. Net income was $292 million, down 13.2%, and diluted earnings per share $3.27. The figures are the company's own, from the 10-K it filed with the SEC on 20 February 2015.
Revenue
$790 million
+0.2% on the year
FY2009FY2014
Operating margin
n/a
FY2009FY2014
Net income
$292 million
-13.2% on the year
FY2009FY2014
Diluted EPS
$3.27
-13.5% on the year
FY2009FY2014
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2014
FY2013
FY2012
On the year
Last 8 years
Revenue
790
789
698
+0.2%
Interest expense
94.9
99.8
104
-4.9%
Net income
292
336
283
-13.2%
Net margin
37.0%
42.6%
40.6%
Diluted EPS
$3.27
$3.78
$3.30
-13.5%
$ 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
FY2014
FY2013
FY2012
On the year
Last 8 years
Operating cash flow
419
404
324
+3.5%
Capital expenditure
4.7
17.5
4.8
-73.2%
Free cash flow
414
387
319
+7.0%
Free cash flow margin
52.4%
49.0%
45.7%
Cash from investing
-327
-259
-528
Cash from financing
43.5
-154
175
Depreciation and amortisation
222
222
210
+0.2%
Share-based compensation
15.6
14.1
13.1
+10.6%
Dividends paid
237
220
189
+7.5%
Dividend per share
$2.64
$2.52
$2.24
+4.8%
Diluted shares, weighted
88m
88m
86m
-0.0%
Shares outstanding at period end
87m
85m
84m
+1.5%
Balance sheet
$ million
FY2014
FY2013
FY2012
On the year
Last 8 years
Shareholders' equity
2,816
2,692
2,563
+4.6%
Non-controlling interest
72.8
68.6
63.6
+6.1%
Redeemable equity
68.1
47.2
0.0
+44.4%
Debt
2,744
2,531
2,510
+8.4%
Other liabilities
344
294
248
+17.0%
Total liabilities and equity
6,044
5,632
5,385
+7.3%
Intangible assets
0.5
1.2
2.6
-58.3%
Cash and equivalents
154
17.8
26.7
+765.0%
Other assets
5,890
5,613
5,356
+4.9%
Total assets
6,044
5,632
5,385
+7.3%
10-K for the year ended 31 December 2014, filed 20 February 2015: the filing.