BXP, Inc. (BXP) vs Camden Property Trust (CPT)

A side-by-side comparison of BXP, Inc. and Camden Property Trust across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 13, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnBXP vs CPT

growth of $100 · dividends reinvested · last 10y
BXP -28.0% (-3.2%/yr)CPT +74.1% (+5.7%/yr)CPT compounded faster over this window
50100150200250Start $10020182020202220242026$72$174
BXP CPT

BXP vs CPT: by the numbers

  • CPT is the larger company ($10.89B vs $10.84B market cap).
  • CPT converts more revenue to profit (20.73% vs 8.44% net margin).
  • CPT grew revenue faster over the past five years (7.99% vs 4.77% CAGR).
  • BXP pays the higher dividend yield (4.12% vs 3.89%).

Metrics side by side

Valuation

MetricBXPCPT
P/E ratio36.5336.01
Forward P/E33.1796.55
P/S ratio3.087.05
P/B ratio2.102.92
EV / EBITDA12.2917.72
FCF yield4.21%6.49%

For REITs like BXP, Inc., GAAP P/E is distorted: heavy non-cash property depreciation depresses reported earnings and overstates the multiple. Real-estate companies are valued on funds from operations (FFO / AFFO) and price-to-FFO — see the Funds From Operations section. The P/E is shown for reference only.

For REITs like Camden Property Trust, GAAP P/E is distorted: heavy non-cash property depreciation depresses reported earnings and overstates the multiple. Real-estate companies are valued on funds from operations (FFO / AFFO) and price-to-FFO — see the Funds From Operations section. The P/E is shown for reference only.

Profitability

MetricBXPCPT
Gross margin60.56%61.41%
Operating margin55.71%17.81%
Net margin8.44%20.73%
ROE5.75%8.58%
ROIC5.87%3.24%

Dividends

MetricBXPCPT
Dividend yield4.12%3.89%
Payout ratio160.00%119.21%

BXP, Inc.'s payout ratio is measured against GAAP earnings, which non-cash depreciation depresses for REITs — the dividend is conventionally assessed against funds from operations (FFO / AFFO) instead, so the GAAP figure overstates the payout burden.

Camden Property Trust's payout ratio is measured against GAAP earnings, which non-cash depreciation depresses for REITs — the dividend is conventionally assessed against funds from operations (FFO / AFFO) instead, so the GAAP figure overstates the payout burden.

Growth (annualized)

MetricBXPCPT
Revenue CAGR (5Y)4.77%7.99%
EPS CAGR (5Y)-20.59%23.35%
FCF CAGR (5Y)-11.51%49.32%
Total return CAGR (5Y)-5.67%-2.35%

Frequently asked

Which has grown faster, BXP or CPT?
Over the past five years, CPT grew revenue faster — BXP at a 4.77% CAGR versus CPT at 7.99%.
Does BXP or CPT pay a bigger dividend?
BXP yields 4.12% and CPT yields 3.89% based on trailing dividends and the latest price.
Is BXP or CPT more profitable?
CPT runs the higher net margin — BXP at 8.44% versus CPT at 20.73%.
How have BXP and CPT total returns compared?
Over the past 10 years, BXP delivered -3.26% and CPT delivered 5.79% annualized total return. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified August 13, 2026.