Camden Property Trust (CPT) FY2017 results: revenue $901 million, up 2.8% on the year
Camden Property Trust (CPT) reported revenue of $901 million for fiscal 2017, the year ended 31 December 2017, up 2.8% on the year before. Net income was $196 million, down 76.0%, and diluted earnings per share $2.13. The figures are the company's own, from the 10-K it filed with the SEC on 20 February 2020.
Revenue
$901 million
+2.8% on the year
FY2010FY2017
Operating margin
n/a
FY2010FY2017
Net income
$196 million
-76.0% on the year
FY2010FY2017
Diluted EPS
$2.13
-76.5% on the year
FY2010FY2017
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2017
FY2016
FY2015
On the year
Last 8 years
Revenue
901
876
836
+2.8%
Cost of revenue
329
n/a
n/a
Gross profit
572
n/a
n/a
Gross margin
63.5%
n/a
n/a
Interest expense
86.8
93.1
97.3
-6.9%
Net income
196
820
249
-76.0%
Net margin
21.8%
93.5%
29.8%
Diluted EPS
$2.13
$9.05
$2.76
-76.5%
$ 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
FY2017
FY2016
FY2015
On the year
Last 8 years
Operating cash flow
435
443
423
-1.9%
Capital expenditure
299
343
412
-12.8%
Free cash flow
136
100
11.4
+35.4%
Free cash flow margin
15.0%
11.4%
1.4%
Cash from investing
-190
690
-293
Cash from financing
-113
-904
-273
Depreciation and amortisation
264
250
241
+5.5%
Share-based compensation
17.5
20.1
17.7
-12.8%
Dividends paid
281
663
253
-57.7%
Dividend per share
$3.00
$7.25
$2.80
-58.6%
Diluted shares, weighted
93m
90m
89m
+2.9%
Shares outstanding at period end
93m
88m
87m
+5.9%
Balance sheet
$ million
FY2017
FY2016
FY2015
On the year
Last 8 years
Shareholders' equity
3,405
3,015
2,817
+13.0%
Non-controlling interest
79.4
80.7
76.3
-1.6%
Redeemable equity
77.2
77.0
79.4
+0.3%
Debt
2,205
2,481
2,725
-11.1%
Other liabilities
407
375
341
+8.6%
Total liabilities and equity
6,174
6,028
6,038
+2.4%
Intangible assets
n/a
n/a
0.0
Investments
0.0
100
0.0
Cash and equivalents
368
237
10.6
+55.2%
Other assets
5,805
5,691
6,027
+2.0%
Total assets
6,174
6,028
6,038
+2.4%
10-K for the year ended 31 December 2017, filed 20 February 2020: the filing.