Real Estate stock comparison

CPT vs PLD: how the two businesses compare

Camden Property Trust (CPT) and Prologis (PLD) do not both have comparable annual revenue in the SEC XBRL snapshot, so this comparison rests on business descriptions, classifications, and filings. Both file with the SEC under the same industry code, SIC 6798 (Real Estate Investment Trusts).

Figures come from each company's own SEC filings. This page compares the businesses; it is not a price target or a verdict.

Sector
Real Estate
SEC industry
Real Estate Investment Trusts
Same classification
Fiscal year ends
December 31
Same calendar
Reviewed
Feb 13, 2026

CPT vs PLD: quick comparison

Company factCPTPLD
CompanyCamden Property TrustPrologis, Inc.
ExchangeNYSENYSE
Headquarters—San Francisco, California
Founded—1983
SEC industryReal Estate Investment TrustsReal Estate Investment Trusts
Fiscal year-endDecember 31December 31
Latest annual filing10-K · 2026-02-1210-K · 2026-02-13

Where CPT and PLD overlap, and where they don't

Overlap

  • Same SEC industry: both report under SIC 6798, Real Estate Investment Trusts.
  • Shared research theme: Rates & central banks.
  • Same fiscal calendar: both fiscal years end December 31.

Differences

No differences in classification, themes, or calendar are recorded in the data; the differences sit in the businesses described below.

Overlap is drawn from SEC classifications and Yield Theory research themes. It is not evidence that the companies sell to the same customers or compete product for product.

Camden Property Trust (CPT)

Camden Property Trust owns and manages apartment communities across the Sun Belt.

Prologis, Inc. (PLD)

Prologis is the largest owner and operator of logistics and warehouse real estate, leasing space near major population and transport hubs. Its portfolio is a direct beneficiary of e-commerce and supply-chain investment.

What moves each company

Company-specific drivers maintained by Yield Theory. Use them to decide which filing deserves deeper work; they are not predictions.

What moves CPT

We have not yet published a company-specific driver list for CPT. The primary source is Item 1 (Business) and Item 1A (Risk Factors) of its 10-K filed 2026-02-12.

What moves PLD

We have not yet published a company-specific driver list for PLD. The primary source is Item 1 (Business) and Item 1A (Risk Factors) of its 10-K filed 2026-02-13.

The investment question

You now know how CPT and PLD are classified, when their fiscal years end, and where their exposures overlap. Those are the facts. The investment question is what each share price already assumes about their exposure to rates & central banks, and which evidence in the next filings would prove that assumption wrong.

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The thesis, the numbers behind it, and what would break it. Full access is $39 a month.

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SEC filing comparison and disclosure evidence

Start with primary filings because fiscal calendars and accounting presentation can make superficially similar quarters incomparable. Both fiscal years end December 31, so annual reports line up, but check segment definitions before comparing growth or margins.

The current verified House and Senate snapshot contains 2 matched transaction rows for CPT and 16 matched transaction rows for PLD. These delayed, range-based disclosures can identify a filing to inspect; they do not establish motive, conviction, or a real-time trading signal.

What this comparison cannot tell you

This page does not contain licensed live prices, a valuation model, earnings estimates, portfolio constraints, or a forecast of future returns. SEC classifications can be broad, company descriptions can lag strategic change, and the latest annual filing may predate a material acquisition or divestiture. Read subsequent quarterly and current reports before making a decision.

A stronger business is not automatically the better stock. Starting valuation, expectations, capital structure, cyclicality, dilution, and the probability of each thesis determine the investment outcome. Use this comparison to frame the work, then verify the numbers in the linked filings and current company disclosures.

CPT vs PLD FAQs

Are CPT and PLD direct competitors?

Camden Property Trust and Prologis share the SEC industry classification “Real Estate Investment Trusts.” That makes the operating comparison relevant, but it does not prove that every product, customer, or revenue stream competes directly.

Which is better, CPT or PLD?

There is no context-free winner. Compare the operating exposures, filing evidence, valuation, balance sheet, and risks against the specific thesis you are testing. This page deliberately does not turn a static profile into a buy or sell recommendation.

Does this CPT vs PLD comparison include live prices?

No. Yield Theory does not republish unlicensed real-time market data. The financial figures on this page are the audited annual numbers Camden Property Trust and Prologis, Inc. tagged in their SEC XBRL filings. Use a regulated broker or licensed quote provider for current prices and valuation multiples.

Where does the company information come from?

Company classifications, fiscal year-ends, and filing links come from the SEC EDGAR submissions API snapshot refreshed 2026-10-03. Business summaries and research themes are maintained by Yield Theory.

Data snapshot: SEC EDGAR submissions API, refreshed 2026-10-03. Independent educational research; not investment advice.

Which business differences matter to the investment thesis?

CPT vs PLD compares reported results. The reports below show how we connect operating evidence to an investment thesis, its assumptions, catalysts, and risks. $39/month or $249/year.

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