--- title: "Camden Property Trust: Business Model" description: "Camden Property Trust business model from its fiscal 2025 Form 10-K: one reportable segment, its revenue, significant expense categories and profit." canonical: https://www.getswoopr.com/stocks/companies/camden-property-trust/business-model/ source: "Swoopr Investment: https://www.getswoopr.com" --- # Camden Property Trust: Business Model & Revenue Engine ## Direct Answer Camden Property Trust reports a single business segment in its fiscal 2025 Form 10-K, so the whole company is managed and measured as one business. That segment's revenue was $1.6 billion (up 1.9% from the prior year), and its largest cost line was depreciation and amortization at 39% of revenue. ## How Does Camden Property Trust Make Money? Since 2024, US accounting rules (ASU 2023-07) require even a single-segment company to disclose the significant expense categories its management reviews. These are the amounts Camden Property Trust tags to its one segment, as a share of that segment's revenue. | Line | FY2025 | FY2024 | Share of revenue | | --- | --- | --- | --- | | **Operating lease lease income** | $1.6 billion | $1.5 billion | 100.0% | | Depreciation and amortization | $611 million | $582 million | 38.8% | | Real estate tax expense | $197 million | $193 million | 12.5% | | Interest expense | $138 million | $130 million | 8.8% | ## What a Single Segment Does and Does Not Tell You One reportable segment means management runs Camden Property Trust as one business; it does not mean the company sells one product. Revenue can still be spread across products, customers and countries that the filing describes in its revenue note or Item 1 without tagging them as segments. Cost lines are the company's own categories, so they compare across years within Camden Property Trust more safely than against another company, and lines that are not listed are included in other expense totals rather than missing. ## Where These Numbers Come From Every figure on this page is a value Camden Property Trust reported in the segment note and revenue disclosures of its Form 10-K filed February 12, 2026 (accession 0001628280-26-007697), read from the SEC's Financial Statement Data Sets. The prior-year column is the comparative figure from that same filing, so it reflects any restatement for a change in segments. Category names are the company's own XBRL labels, lightly reformatted for reading. Rows that only total other rows (for example a "Products" line beside the individual products) are left out so nothing is counted twice. This page is educational and describes reported history for fiscal 2025; it is not a forecast or a recommendation. ## Frequently Asked Questions ### How many business segments does Camden Property Trust have? One. In its fiscal 2025 Form 10-K, Camden Property Trust reports a single reportable segment, so its chief operating decision maker reviews the business as a whole rather than by division. ### What are Camden Property Trust's biggest costs? The segment expenses Camden Property Trust reports, largest first: depreciation and amortization ($611 million, 39% of revenue), real estate tax expense ($197 million, 13% of revenue) and interest expense ($138 million, 9% of revenue). ### How profitable is Camden Property Trust's business? Camden Property Trust does not tag a segment profit figure that Swoopr reads; its income statement shows operating results. ## References - [SEC EDGAR: CAMDEN PROPERTY TRUST Form 10-K filed February 12, 2026](https://www.sec.gov/Archives/edgar/data/906345/000162828026007697/cpt-20251231.htm) - [SEC EDGAR: CAMDEN PROPERTY TRUST annual and quarterly filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=906345&type=10-K) - [SEC: EDGAR application programming interfaces (XBRL frames and submissions data)](https://www.sec.gov/search-filings/edgar-application-programming-interfaces) - [SEC: Financial Statement Data Sets](https://www.sec.gov/data-research/sec-markets-data/financial-statement-data-sets) ## Related Pages - [Camden Property Trust company dossier](https://www.getswoopr.com/stocks/companies/camden-property-trust/) - [Camden Property Trust financial metrics](https://www.getswoopr.com/stocks/companies/camden-property-trust/metrics/) - [Camden Property Trust financial risk indicators](https://www.getswoopr.com/stocks/companies/camden-property-trust/risks/) - [Camden Property Trust peer comparison](https://www.getswoopr.com/stocks/companies/camden-property-trust/competitors/) - [Camden Property Trust business model and revenue mix](https://www.getswoopr.com/stocks/companies/camden-property-trust/business-model/) - [Fundamental analysis guides](https://www.getswoopr.com/learn/fundamental-analysis/) **[Swoopr Editorial Team](https://www.getswoopr.com/authors/swoopr-editorial-team/)** Swoopr's editorial team produces independent investment education content reviewed for accuracy and clarity. 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