COPT Defense Properties Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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
Cash & Equivalents	274.99	38.28	167.82	12.34	13.26
Cash & Short-Term Investments	274.99	38.28	167.82	12.34	13.26
Cash Growth	618.28%	-77.19%	1260.30%	-6.98%	-27.80%
Accounts Receivable	58.19	42.23	48.95	43.33	40.75
Other Receivables	247.78	231.12	230.75	209.77	191.15
Total Trade Receivables	305.96	273.35	279.7	253.1	231.9
Total Current Assets	580.95	311.64	447.52	265.44	245.17
Net Property, Plant & Equipment	3,783	3,631	3,504	3,556	3,533
Other Intangible Assets	147.4	135.28	131.39	119.1	131.9
Long-Term Investments	36.37	39.36	41.05	21.46	39.89
Other Long-Term Assets	103.22	81.63	82.04	96.58	81.49
Total Assets	4,702	4,254	4,247	4,257	4,262
Accounts Payable	147.2	126.03	133.32	158	186.2
Unearned Revenue	85.63	78.31	64.46	41.02	41.6
Other Current Liabilities	35.21	33.91	32.64	31.4	31.3
Total Current Liabilities	268.03	238.25	230.42	230.42	259.1
Long-Term Debt	2,768	2,392	2,416	2,232	2,272
Long-Term Leases	45.01	49.24	33.93	28.76	29.34
Other Long-Term Liabilities	33.24	14.38	19	18.56	17.73
Total Long-Term Liabilities	2,846	2,455	2,469	2,279	2,319
Total Liabilities	3,114	2,694	2,700	2,510	2,578
Common Stock	1.13	1.13	1.13	1.12	1.12
Additional Paid-in Capital	2,503	2,494	2,490	2,486	2,482
Accumulated Other Comprehensive Income	-0.06	0.99	2.12	2.07	-3.06
Retained Earnings	-988.96	-1,003	-1,009	-807.51	-856.86
Total Common Shareholders' Equity	1,515	1,493	1,484	1,682	1,623
Minority Interest	120.29	110.99	103.27	105.6	95.57
Shareholders' Equity	1,635	1,604	1,587	1,787	1,718
Total Liabilities & Equity	4,702	4,254	4,247	4,257	4,262
Total Debt	2,813	2,441	2,450	2,261	2,302
Net Cash (Debt)	-2,538	-2,403	-2,282	-2,248	-2,288
Net Cash Per Share	-22.40	-21.28	-20.35	-19.96	-20.36
Book Value	1,515	1,493	1,484	1,682	1,623
Book Value Per Share	13.37	13.22	13.23	14.93	14.43
Tangible Book Value	1,367	1,358	1,353	1,563	1,491
Tangible Book Value Per Share	12.07	12.03	12.06	13.88	13.26

Updated Dec 31, 2025. Data Source: Fiscal.ai. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q