COPT Defense Properties (CDP)
NYSE: CDP · Real-Time Price · USD
26.78
+0.24 (0.90%)
At close: May 9, 2025, 4:00 PM
27.00
+0.22 (0.82%)
After-hours: May 9, 2025, 7:49 PM EDT
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 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2015 - 2019 |
|---|---|---|---|---|---|---|---|
Period Ending | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2015 - 2019 |
| Rental Revenue | 681.24 | 671.37 | 619.85 | 580.17 | 553.67 | 509.11 | Upgrade
|
| Other Revenue | 67.32 | 82.3 | 64.87 | 160.6 | 111.87 | 75.07 | Upgrade
|
| Total Revenue | 748.56 | 753.66 | 684.72 | 740.77 | 665.54 | 584.18 | Upgrade
|
| Revenue Growth (YoY | 5.34% | 10.07% | -7.57% | 11.30% | 13.93% | -4.77% | Upgrade
|
| Property Expenses | 328.26 | 339.27 | 304.8 | 377.39 | 317.43 | 258.41 | Upgrade
|
| Selling, General & Administrative | 47.45 | 47.04 | 42.77 | 38.99 | 40.77 | 37.47 | Upgrade
|
| Depreciation & Amortization | 154.65 | 153.64 | 148.95 | 141.23 | 137.54 | 126.5 | Upgrade
|
| Total Operating Expenses | 530.35 | 539.94 | 496.52 | 557.61 | 495.75 | 420.73 | Upgrade
|
| Operating Income | 218.2 | 213.72 | 188.2 | 183.16 | 169.79 | 163.45 | Upgrade
|
| Interest Expense | -81.89 | -82.15 | -71.14 | -61.17 | -65.4 | -121.13 | Upgrade
|
| Interest & Investment Income | 10.98 | 13.04 | 11.98 | 9.34 | 7.88 | 8.57 | Upgrade
|
| Other Non-Operating Income | -1 | -0.38 | 0.61 | -0.27 | 1.13 | - | Upgrade
|
| EBT Excluding Unusual Items | 146.3 | 144.23 | 129.65 | 131.06 | 113.4 | 50.89 | Upgrade
|
| Gain (Loss) on Sale of Investments | - | - | - | - | - | 29.42 | Upgrade
|
| Gain (Loss) on Sale of Assets | 0.3 | - | 49.39 | 19.25 | 65.59 | 30.21 | Upgrade
|
| Asset Writedown | - | - | -252.8 | - | - | -1.53 | Upgrade
|
| Other Unusual Items | 0.13 | - | - | -0.61 | -100.63 | -8.04 | Upgrade
|
| Pretax Income | 146.72 | 144.23 | -73.76 | 149.7 | 78.37 | 100.95 | Upgrade
|
| Income Tax Expense | 0.22 | 0.29 | 0.59 | 0.45 | 0.15 | 0.35 | Upgrade
|
| Earnings From Continuing Operations | 146.5 | 143.94 | -74.35 | 149.25 | 78.22 | 100.6 | Upgrade
|
| Earnings From Discontinued Operations | - | - | - | 29.57 | 3.36 | 2.28 | Upgrade
|
| Net Income to Company | 146.5 | 143.94 | -74.35 | 178.82 | 81.58 | 102.88 | Upgrade
|
| Minority Interest in Earnings | -5.44 | -5.01 | 0.88 | -5.79 | -5.04 | -5.5 | Upgrade
|
| Net Income | 141.06 | 138.93 | -73.47 | 173.03 | 76.54 | 97.37 | Upgrade
|
| Preferred Dividends & Other Adjustments | 0.53 | 0.51 | 1.2 | 0.45 | 0.47 | 0.43 | Upgrade
|
| Net Income to Common | 140.53 | 138.42 | -74.67 | 172.58 | 76.07 | 96.94 | Upgrade
|
| Net Income Growth | - | - | - | 126.06% | -21.39% | -49.20% | Upgrade
|
| Basic Shares Outstanding | 112 | 112 | 112 | 112 | 112 | 112 | Upgrade
|
| Diluted Shares Outstanding | 113 | 113 | 112 | 113 | 112 | 112 | Upgrade
|
| Shares Change (YoY) | 0.68% | 0.64% | -0.39% | 0.18% | 0.30% | 0.41% | Upgrade
|
| EPS (Basic) | 1.25 | 1.23 | -0.67 | 1.54 | 0.68 | 0.87 | Upgrade
|
| EPS (Diluted) | 1.24 | 1.23 | -0.67 | 1.53 | 0.68 | 0.87 | Upgrade
|
| EPS Growth | - | - | - | 126.44% | -21.87% | -49.49% | Upgrade
|
| Dividend Per Share | 1.190 | 1.180 | 1.140 | 1.100 | 1.100 | 1.100 | Upgrade
|
| Dividend Growth | 3.48% | 3.51% | 3.64% | - | - | - | Upgrade
|
| Operating Margin | 29.15% | 28.36% | 27.49% | 24.73% | 25.51% | 27.98% | Upgrade
|
| Profit Margin | 18.77% | 18.37% | -10.90% | 23.30% | 11.43% | 16.59% | Upgrade
|
| EBITDA | 375.16 | 369.74 | 339.6 | 326.75 | 320.44 | 303.48 | Upgrade
|
| EBITDA Margin | 50.12% | 49.06% | 49.60% | 44.11% | 48.15% | 51.95% | Upgrade
|
| D&A For Ebitda | 156.96 | 156.02 | 151.4 | 143.59 | 150.64 | 140.03 | Upgrade
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| EBIT | 218.2 | 213.72 | 188.2 | 183.16 | 169.79 | 163.45 | Upgrade
|
| EBIT Margin | 29.15% | 28.36% | 27.49% | 24.73% | 25.51% | 27.98% | Upgrade
|
| Funds From Operations (FFO) | 297.33 | 294.37 | 275.31 | - | - | - | Upgrade
|
| FFO Per Share | 2.59 | 2.57 | 2.41 | - | - | - | Upgrade
|
| Adjusted Funds From Operations (AFFO) | - | 220.07 | 202.93 | - | - | - | Upgrade
|
| AFFO Per Share | 1.90 | 1.93 | 1.78 | - | - | - | Upgrade
|
| FFO Payout Ratio | 44.74% | 44.79% | 46.19% | - | - | - | Upgrade
|
| Effective Tax Rate | 0.15% | 0.20% | - | 0.30% | 0.18% | 0.35% | Upgrade
|
| Revenue as Reported | 747.86 | 753.27 | 684.98 | 739.03 | 664.45 | 582.35 | Upgrade
|
Updated Feb 21, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.