COPT Defense Properties Balance Sheet

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
Cash & Equivalents	28.58	274.99	38.28	167.82	12.34	13.26
Cash & Short-Term Investments	28.58	274.99	38.28	167.82	12.34	13.26
Cash Growth	17.65%	618.28%	-77.19%	1260.30%	-6.98%	-27.80%
Accounts Receivable	51.91	58.19	42.23	48.95	43.33	40.75
Other Receivables	252.57	247.78	231.12	230.75	209.77	191.15
Total Trade Receivables	304.48	305.96	273.35	279.7	253.1	231.9
Total Current Assets	333.06	580.95	311.64	447.52	265.44	245.17
Net Property, Plant & Equipment	3,803	3,783	3,631	3,504	3,556	3,533
Other Intangible Assets	148.31	147.4	135.28	131.39	119.1	131.9
Long-Term Investments	35.82	36.37	39.36	41.05	21.46	39.89
Other Long-Term Assets	89.84	103.22	81.63	82.04	96.58	81.49
Total Assets	4,459	4,702	4,254	4,247	4,257	4,262
Accounts Payable	116.95	147.2	126.03	133.32	158	186.2
Unearned Revenue	88.13	85.63	78.31	64.46	41.02	41.6
Other Current Liabilities	37.1	35.21	33.91	32.64	31.4	31.3
Total Current Liabilities	242.18	268.03	238.25	230.42	230.42	259.1
Long-Term Debt	2,547	2,768	2,392	2,416	2,232	2,272
Long-Term Leases	43.77	45.01	49.24	33.93	28.76	29.34
Other Long-Term Liabilities	34.23	33.24	14.38	19	18.56	17.73
Total Long-Term Liabilities	2,625	2,846	2,455	2,469	2,279	2,319
Total Liabilities	2,867	3,114	2,694	2,700	2,510	2,578
Common Stock	1.13	1.13	1.13	1.13	1.12	1.12
Additional Paid-in Capital	2,500	2,503	2,494	2,490	2,486	2,482
Accumulated Other Comprehensive Income	0.03	-0.06	0.99	2.12	2.07	-3.06
Retained Earnings	-986.71	-988.96	-1,003	-1,009	-807.51	-856.86
Total Common Shareholders' Equity	1,515	1,515	1,493	1,484	1,682	1,623
Minority Interest	128.81	120.29	110.99	103.27	105.6	95.57
Shareholders' Equity	1,644	1,635	1,604	1,587	1,787	1,718
Total Liabilities & Equity	4,459	4,702	4,254	4,247	4,257	4,262
Total Debt	2,591	2,813	2,441	2,450	2,261	2,302
Net Cash (Debt)	-2,562	-2,538	-2,403	-2,282	-2,248	-2,288
Net Cash Per Share	-22.56	-22.40	-21.28	-20.35	-19.96	-20.36
Book Value	1,515	1,515	1,493	1,484	1,682	1,623
Book Value Per Share	13.34	13.37	13.22	13.23	14.93	14.43
Tangible Book Value	1,366	1,367	1,358	1,353	1,563	1,491
Tangible Book Value Per Share	12.03	12.07	12.03	12.06	13.88	13.26

SEC Filings: 10-K · 10-Q