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COPT Defense Properties (CDP)
NYSE: CDP · Real-Time Price · USD
33.12
+0.01 (0.03%)
Nov 5, 2026, 10:58 AM EST - Market open

COPT Defense Properties Cash Flow Statement

Millions USD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
152.32138.93-73.47173.0376.54
Depreciation & Amortization
163.7156.02151.4143.59150.64
Other Amortization
7.266.825.574.745.22
Gain (Loss) on Sale of Assets
-3.35--49.39-47.81-65.59
Asset Writedown
--252.8--
Stock-Based Compensation
11.6910.448.548.797.98
Change in Accounts Receivable
-15.946.5-5.62-2.44-0.66
Change in Accounts Payable
0.56-4.09-2.9-11.1422
Change in Other Net Operating Assets
-10.43-2.69-4.852.13-27.36
Other Operating Activities
4.7715.88-11.2-2.8181.53
Operating Cash Flow
309.93330.96276.27265.83249.15
Operating Cash Flow Growth
-6.35%19.79%3.93%6.69%4.50%

Investing Activities

Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Acquisition of Real Estate Assets
-290.29-280.93-352.45-363.13-319.42
Sale of Real Estate Assets
5-189.51281.07143.12
Net Sale / Acq. of Real Estate Assets
-285.29-280.93-162.94-82.06-176.3
Investment in Marketable & Equity Securities
21.811.21.0926.631.29
Other Investing Activities
-7.791.378.56-14.43-6.04
Investing Cash Flow
-289.74-291.01-169.62-83.46-202.97

Financing Activities

Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Long-Term Debt Issued
924.4676627.389771,984
Long-Term Debt Repaid
-552.72-105.98-445.95-1,020-1,901
Net Debt Issued (Repaid)
371.74-29.98181.42-43.3382.81
Common Dividends Paid
-136.6-131.84-127.18-123.65-123.53
Total Dividends Paid
-136.6-131.84-127.18-123.65-123.53
Other Financing Activities
-18.6-7.85-7.98-16.2-10.18

Net Cash Flow

Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Cash Flow
236.73-129.73152.92-0.81-4.72

Free Cash Flow

Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Levered Free Cash Flow
251.04256.28340.5251.47219.93
Unlevered Free Cash Flow
297.94300.81379.39284.97255.58

Additional Metrics

Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash Interest Paid
75.4175.5559.8156.0665.18
Cash Income Tax Paid
0.040.050.04-0.06
Change in Working Capital
-26.452.88-7.98-13.7-7.18
SEC Filings: 10-K · 10-Q