Camden Property Trust (CPT) FY2016 results: revenue $876 million, up 4.9% on the year
Camden Property Trust (CPT) reported revenue of $876 million for fiscal 2016, the year ended 31 December 2016, up 4.9% on the year before. Net income was $820 million, up 228.8%, and diluted earnings per share $9.05. The figures are the company's own, from the 10-K it filed with the SEC on 15 February 2019.
Revenue
$876 million
+4.9% on the year
FY2009FY2016
Operating margin
n/a
FY2009FY2016
Net income
$820 million
+228.8% on the year
FY2009FY2016
Diluted EPS
$9.05
+227.9% on the year
FY2009FY2016
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Revenue
876
836
790
+4.9%
Interest expense
93.1
97.3
94.9
-4.3%
Net income
820
249
292
+228.8%
Net margin
93.5%
29.8%
37.0%
Diluted EPS
$9.05
$2.76
$3.27
+227.9%
$ 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
FY2016
FY2015
FY2014
On the year
Last 8 years
Operating cash flow
443
423
419
+4.7%
Capital expenditure
343
412
4.7
-16.7%
Free cash flow
100
11.4
414
+775.2%
Free cash flow margin
11.4%
1.4%
52.4%
Cash from investing
690
-293
-327
Cash from financing
-904
-273
43.5
Depreciation and amortisation
250
241
222
+3.8%
Share-based compensation
20.1
17.7
15.6
+13.9%
Dividends paid
663
253
237
+162.1%
Dividend per share
$7.25
$2.80
$2.64
+158.9%
Diluted shares, weighted
90m
89m
88m
+0.5%
Shares outstanding at period end
88m
87m
87m
+0.7%
Balance sheet
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Shareholders' equity
3,015
2,817
2,816
+7.0%
Non-controlling interest
80.7
76.3
72.8
+5.7%
Redeemable equity
77.0
79.4
68.1
-2.9%
Debt
2,481
2,725
2,744
-9.0%
Other liabilities
375
341
344
+10.1%
Total liabilities and equity
6,028
6,038
6,044
-0.2%
Intangible assets
n/a
0.0
0.5
Investments
100
0.0
n/a
Cash and equivalents
237
10.6
154
+2,135.7%
Other assets
5,691
6,027
5,890
-5.6%
Total assets
6,028
6,038
6,044
-0.2%
10-K for the year ended 31 December 2016, filed 15 February 2019: the filing.