COPT Defense Properties (CDP)
NYSE: CDP · Real-Time Price · USD
33.12
+0.01 (0.03%)
Nov 5, 2026, 10:55 AM EST - Market open

COPT Defense Properties Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
806.62766.73753.66684.72740.77665.54
Revenue Growth
7.16%1.73%10.07%-7.57%11.30%13.93%
Net Income
169.61151.69138.42-74.67172.5876.07
Earnings Per Share
1.481.341.23-0.671.530.68
EPS Growth
11.97%9.26%--126.44%-21.87%

Revenue by Segment

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Fort Meade/BW Corridor
336.37329.92317.32292.7273.79262.12
Redstone Arsenal
81.7674.6669.3255.1338.5935.73
NoVA Defense/IT
98.0190.8386.0380.4173.9965.85
Lackland Air Force Base
79.2173.0867.8467.2562.9157.76
Navy Support
36.8933.5732.6332.6432.7533.76
Data Center Shells
58.5144.8737.1927.4435.7231.58
Other Segment
76.2974.9367.3969.2268.62100.27
Construction Contract and Other Service
37.142.0775.5560.18154.63107.88
Revenue (Total)
804.15763.92753.27684.98739.03664.45

Cash & Debt

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
24.26275.139.6170.3814.9713.62
Total Debt
2,6222,8132,4412,4512,2612,302
Net Cash (Debt)
-2,598-2,538-2,402-2,280-2,246-2,288
Net Cash Growth
------
Net Cash Per Share
-22.65-22.40-21.27-20.33-19.94-20.35

Cash Flow & CapEx

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
-309.93330.96276.27265.83249.15
Free Cash Flow
-309.93330.96276.27265.83249.15
Free Cash Flow Growth
--6.35%19.79%3.93%6.69%4.50%

Margins

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Margin
30.45%30.41%28.36%27.49%24.73%25.51%
Pretax Margin
22.10%20.93%19.14%-10.77%20.21%11.77%
Profit Margin
21.03%19.78%18.37%-10.90%23.30%11.43%

Dividends

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
1.2801.2201.1801.1401.1001.100
Dividend Per Share Growth
4.55%3.39%3.51%3.64%0%0%
Dividend Yield
3.87%4.39%3.81%4.45%4.24%3.94%

Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
22.3920.6725.15-16.8741.17
PS Ratio
4.734.094.624.203.934.71