COPT Defense Properties (CDP)
NYSE: CDP · Real-Time Price · USD
32.41
+0.27 (0.86%)
May 26, 2026, 2:27 PM EDT - Market open
COPT Defense Properties Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Property Revenue | 738.85 | 721.85 | 677.72 | 624.8 | 584.4 | 556.57 |
Service and Other Revenue | 37.86 | 42.07 | 75.55 | 60.18 | 154.63 | 107.88 |
| 776.7 | 763.92 | 753.27 | 684.98 | 739.03 | 664.45 | |
Revenue Growth (YoY) | 3.86% | 1.42% | 9.97% | -7.31% | 11.22% | 14.10% |
Property Expenses | 293.32 | 283.93 | 266 | 247.39 | 227.43 | 213.38 |
Service and Other Expenses | 35.81 | 39.96 | 73.27 | 57.42 | 149.96 | 104.05 |
Total Property Expenses | 329.13 | 323.89 | 339.27 | 304.8 | 377.39 | 317.43 |
Gross Profit | 447.57 | 440.03 | 414 | 380.18 | 361.64 | 347.02 |
Selling, General & Admin | 60.08 | 47.84 | 47.04 | 42.77 | 38.99 | 40.77 |
Depreciation & Amortization Expenses | 165.15 | 161.83 | 153.64 | 148.95 | 141.23 | 137.54 |
Other Operating Expenses | - | - | - | 252.8 | - | - |
Operating Income | 222.35 | 230.37 | 213.32 | -64.34 | 181.42 | 168.7 |
Net Gains on Disposal of Properties | 3.63 | 3.35 | - | 49.39 | 19.25 | 65.59 |
Interest Income | 16.91 | 13.49 | 13.06 | 12.33 | 10.81 | 7.91 |
Interest Expense | -90.15 | -86.66 | -82.15 | -71.14 | -61.17 | -65.4 |
Other Non-Operating Income (Expense) | 0.07 | 0.07 | - | - | 0.61 | 100.63 |
Total Non-Operating Income (Expense) | -69.54 | -69.76 | -69.09 | -9.42 | -30.5 | 108.73 |
Pretax Income | 152.8 | 160.61 | 144.23 | -73.76 | 150.91 | 277.43 |
Provision for Income Taxes | 0.97 | 0.95 | 0.29 | 0.59 | 0.45 | 0.15 |
Net Income | 0.11 | 166.75 | 148.96 | -75.23 | 214.19 | 89.97 |
Minority Interest in Earnings | -7.31 | -7.22 | -5.01 | 0.88 | -5.79 | -5.04 |
Earnings From Discontinued Operations | - | - | - | - | 29.57 | 3.36 |
Net Income to Common | 0.11 | 166.75 | 148.96 | -75.23 | 214.19 | 89.97 |
Net Income Growth | 9.71% | 11.95% | - | - | 138.06% | -7.60% |
Shares Outstanding (Basic) | 113 | 113 | 112 | 112 | 112 | 112 |
Shares Outstanding (Diluted) | 114 | 113 | 113 | 112 | 113 | 112 |
Shares Change (YoY) | 0.39% | 0.36% | 0.64% | -0.39% | 0.18% | 0.30% |
EPS (Basic) | 1.38 | 1.35 | 1.23 | -0.67 | 1.54 | 0.68 |
EPS (Diluted) | 1.38 | 1.34 | 1.23 | -0.67 | 1.53 | 0.68 |
EPS Growth | 10.40% | 8.94% | - | - | 125.00% | -21.84% |
Shares Outstanding | 113.38 | 113.21 | 112.7 | 112.56 | 112.42 | 112.33 |
Free Cash Flow | 149.86 | 52.52 | 82.27 | -76.17 | -97.31 | -70.27 |
Free Cash Flow Growth | 185.34% | -36.16% | - | - | - | - |
Free Cash Flow Per Share | 1.32 | 0.46 | 0.73 | -0.68 | -0.86 | -0.63 |
Dividends Per Share | 1.235 | 1.220 | 1.180 | 1.140 | 1.100 | 1.100 |
Dividend Growth | 1.23% | 3.39% | 3.51% | 3.64% | - | - |
Gross Margin | 57.62% | 57.60% | 54.96% | 55.50% | 48.93% | 52.23% |
Operating Margin | 28.63% | 30.16% | 28.32% | -9.39% | 24.55% | 25.39% |
Profit Margin | 21.04% | 20.88% | 19.11% | -10.85% | 24.20% | 12.28% |
FCF Margin | 19.29% | 6.88% | 10.92% | -11.12% | -13.17% | -10.58% |
EBITDA | 265.45 | 394.07 | 369.34 | 87.06 | 181.42 | 168.7 |
EBITDA Margin | 34.18% | 51.58% | 49.03% | 12.71% | 24.55% | 25.39% |
EBIT | 222.35 | 230.37 | 213.32 | -64.34 | 181.42 | 168.7 |
EBIT Margin | 28.63% | 30.16% | 28.32% | -9.39% | 24.55% | 25.39% |
Effective Tax Rate | 0.63% | 0.59% | 0.20% | -0.80% | 0.30% | 0.05% |
Updated May 6, 2026. Data Source: Fiscal.ai. Real Estate template. Financial Sources.