COPT Defense Properties (CDP)

COPT Defense Properties Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Property, Plant & Equipment	3,730	3,839	3,689	3,548	3,596	3,583
Total Real Estate Assets	3,907	3,839	3,689	3,548	3,596	3,583
Cash & Equivalents	24.26	274.99	38.28	167.82	12.34	13.26
Accounts Receivable	313.94	330.21	284.74	279.7	240.57	229.74
Investment In Debt and Equity Securities	-	-	-	-	-	5.58
Other Intangible Assets	-	19.77	10.7	6.85	9.96	14.57
Loans Receivable Current	66.55	69.86	69.68	81.51	84.62	82.23
Restricted Cash	-	-	-	-	-	4.05
Other Current Assets	98.53	-	-	-	161.29	216.67
Trading Asset Securities	-	0.11	1.32	2.56	2.63	0.36
Deferred Long-Term Tax Assets	-	-	-	-	-	1.84
Deferred Long-Term Charges	78.69	75.05	71.27	70.06	69.34	67.16
Other Long-Term Assets	83.99	92.57	89.43	90.93	80.91	43.86
Total Assets	4,573	4,702	4,254	4,247	4,257	4,262

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Current Portion of Long-Term Debt	50	446.06	468.55	-	-	-
Current Portion of Leases	-	8.28	-	-	-	-
Long-Term Debt	2,530	2,322	1,923	2,416	2,232	2,272
Long-Term Leases	42.27	37.09	49.63	34.35	28.76	29.34
Accounts Payable	166.53	147.2	126.03	133.32	158	186.2
Other Current Liabilities	37.12	35.21	33.91	32.64	31.4	31.3
Long-Term Unearned Revenue	85.29	87.81	80.33	68.63	43.89	44.1
Other Long-Term Liabilities	41.12	30.68	11.97	14.41	15.69	15.23
Total Liabilities	2,952	3,114	2,694	2,700	2,510	2,578

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	1.13	1.13	1.13	1.13	1.12	1.12
Additional Paid-In Capital	2,507	2,503	2,494	2,490	2,486	2,482
Distributions in Excess of Earnings	-965.1	-988.96	-1,003	-1,009	-807.51	-856.86
Comprehensive Income & Other	-	-0.06	0.99	2.12	2.07	-3.06
Total Common Equity	1,543	1,515	1,493	1,484	1,682	1,623
Minority Interest	78.07	72.9	67.48	63.42	65.95	61.23
Shareholders' Equity	1,621	1,588	1,561	1,547	1,748	1,684
Total Liabilities & Equity	4,573	4,702	4,254	4,247	4,257	4,262

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	2,622	2,813	2,441	2,451	2,261	2,302
Net Cash (Debt)	-2,598	-2,538	-2,402	-2,280	-2,246	-2,288
Net Cash (Debt) Growth	-	-	-	-	-	-
Net Cash Per Share	-22.65	-22.40	-21.27	-20.33	-19.94	-20.35
Filing Date Shares Outstanding	112.89	112.77	112.48	112.35	112.23	112.16
Total Common Shares Outstanding	112.89	112.78	112.48	112.36	112.24	112.16
Book Value Per Share	13.67	13.43	13.27	13.21	14.98	14.47
Tangible Book Value	1,543	1,495	1,482	1,477	1,672	1,608
Tangible Book Value Per Share	13.67	13.26	13.18	13.15	14.90	14.34
Land	-	519.26	495.71	482.96	539.81	572.9
Buildings	-	4,663	4,395	4,164	3,987	3,670
Construction In Progress	182.96	283.39	277.05	256.87	297.5	442.43

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Sep 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 4, 2026

Data Sources Report a data error