Camden Property Trust (CPT) vs Mid-America Apartment Communities, Inc. (MAA)

Camden Property Trust and Mid-America Apartment Communities, Inc. are both Reit Residential companies. Camden Property Trust and Mid-America Apartment Communities, Inc. are of similar size ($14.0B and $13.2B). Camden Property Trust trades at the lower P/E: 32.6× against 34.6×. Mid-America Apartment Communities, Inc. grew revenue faster over the last twelve months: 0.85% against 0.48%. Camden Property Trust has the higher net margin (20.8% vs 18.0%) and the lower return on invested capital (2.03% vs 3.33%). Both pay a dividend; Mid-America Apartment Communities, Inc. yields more (4.67% vs 4.07%). Across the 23 metrics below, Mid-America Apartment Communities, Inc. leads on 12 and Camden Property Trust on 11.

Valuation

Metric CPT MAA Reit Residential median
P/E 32.59 34.61 28.48
P/S 6.42 6.19 5.52
P/B 2.60 2.46 1.89
Price to free cash flow 57.68 24.80 18.04
EV/EBITDA 16.56 15.56 15.74
EV/Sales 9.48 8.73 8.08
Earnings yield 3.07% 2.89% 2.37%
Free cash flow yield 1.73% 4.03% 4.03%

Profitability

Metric CPT MAA Reit Residential median
Gross margin 63.99% 58.39% 58.73%
Operating margin 17.93% 26.88% 20.57%
Net margin 20.81% 18.01% 20.81%
Free cash flow margin 11.14% 24.97% 20.24%
Return on equity 7.64% 6.86% 6.86%
Return on assets 3.51% 3.35% 3.17%
Return on invested capital 2.03% 3.33% 2.03%

Growth

Metric CPT MAA Reit Residential median
Revenue growth (TTM) 0.48% 0.85% 2.66%
EPS growth (last fiscal year) 136.00% (15.81%) —
Revenue growth, 5-year CAGR 8.55% 5.65% 7.53%
Net income growth, 5-year CAGR 25.41% 12.02% 3.76%

Health

Metric CPT MAA Reit Residential median
Debt to equity 1.25 1.02 0.78
Current ratio 0.18 0.09 0.54
Net debt to EBITDA 4.26 4.27 4.27

Dividend

Metric CPT MAA Reit Residential median
Dividend yield 4.07% 4.67% 4.63%
Payout ratio 2.06 1.04 1.35

Size

Metric CPT MAA Reit Residential median
Market cap 13.17b 13.95b 4.17b

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