Explore 3 Stock Ideas & Industry Insights Download Free Report

COPT Defense Properties

Real Estate US CDP

31.31USD
-0.41(1.29%)

Last update at 2026-06-03T20:00:00Z

Day Range

31.2932.05
LowHigh

52 Week Range

24.1532.96
LowHigh

Fundamentals

  • Previous Close 31.72
  • Market Cap3707.32M
  • Volume981823
  • P/E Ratio23.96
  • Dividend Yield3.76%
  • EBITDA396.87M
  • Revenue TTM766.73M
  • Revenue Per Share TTM6.81
  • Gross Profit TTM 442.84M
  • Diluted EPS TTM1.34

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax 160.48M 144.23M -73.75900M 149.70M 78.36M
Minority interest -7.21900M -5.01300M 0.88M -5.79300M -5.03700M
Net income 152.31M 138.93M -73.46900M 173.03M 76.54M
Selling general administrative 32.78M 47.04M 42.77M 38.99M 40.77M
Selling and marketing expenses - - - - -
Gross profit 117.85M 260.36M 231.23M 220.41M 209.47M
Reconciled depreciation 163.70M 156.01M 151.40M 143.59M 150.64M
Ebit 247.14M 213.72M 1.28M 48.64M 28.16M
Ebitda 408.97M 369.74M 150.31M 192.23M 178.80M
Depreciation and amortization 161.83M 156.01M 149.03M 143.59M 150.64M
Non operating income net other - - - - -
Operating income 230.37M 213.32M 188.46M 48.64M 168.70M
Other operating expenses 533.55M 539.94M 496.52M 557.88M 494.62M
Interest expense 88.15M 83.77M 72.46M 61.17M 65.40M
Tax provision 0.95M 0.29M 0.59M 0.45M 0.14M
Interest income 12.17M 16.99M 16.49M 50.09M 56.43M
Net interest income -75.97700M -69.49000M -58.55500M -51.83300M -57.51900M
Extraordinary items - 0.00000M 0.00000M 29.57M 3.31M
Non recurring - - - - -
Other items - - - - -
Income tax expense 0.95M 0.29M 0.59M 0.45M 0.14M
Total revenue 763.92M 753.27M 684.98M 739.03M 664.45M
Total operating expenses -112.51900M 47.04M 42.77M 39.26M 39.65M
Cost of revenue 646.07M 492.91M 453.75M 518.62M 454.97M
Total other income expense net -69.88700M -69.09300M -262.22100M 20.38M -33.94300M
Discontinued operations - - - 29.57M 3.36M
Net income from continuing ops 159.53M 143.94M -74.34700M 149.25M 78.22M
Net income applicable to common shares 151.69M 138.42M -74.66800M 172.40M 76.00M
Preferred stock and other adjustments - - - - -
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 4701.79M 4254.19M 4246.97M 4257.27M 4262.45M
Intangible assets 19.77M 10.70M 6.85M 9.96M 14.57M
Earning assets - - - - -
Other current assets 103.22M 81.63M 84.59M 86.62M 130.74M
Total liab 3114.11M 2693.62M 2699.63M 2509.53M 2578.48M
Total stockholder equity 1514.78M 1493.08M 1483.91M 1681.80M 1622.74M
Deferred long term liab - - - 74.55M 67.16M
Other current liab 35.20M 33.91M 32.64M -359.20000M -89.40200M
Common stock 1.13M 1.13M 1.13M 1.12M 1.12M
Capital stock 1.13M 1.13M 1.13M 1.12M 1.12M
Retained earnings -988.95700M -1003.40100M -1009.31800M -807.50800M -856.86300M
Other liab - - - 59.58M 59.33M
Good will - - - - -
Other assets 4140.31M 151.31M 2.04M 101.18M 93.12M
Cash 274.99M 38.28M 167.82M 12.34M 13.26M
Cash and equivalents 274.99M 38.28M 167.82M 12.34M 13.26M
Total current liabilities 418.03M 313.25M 305.42M 230.42M 259.10M
Current deferred revenue 85.63M 78.31M 64.46M 41.02M 41.60M
Net debt 2537.86M 2402.71M 2282.40M 2248.22M 2288.38M
Short term debt 150.00M 75.00M 75.00M 211.00M 76.00M
Short long term debt 150.00M 75.00M 75.00M 211.00M 76.00M
Short long term debt total 2812.85M 2440.99M 2450.22M 2260.55M 2301.65M
Other stockholder equity 2502.66M 2494.37M 2489.99M 2486.12M 2481.54M
Property plant equipment 3839.23M 3688.78M 3547.54M 3603.91M 3583.14M
Total current assets 684.16M 393.26M 529.55M 513.34M 568.60M
Long term investments 36.37M 39.36M 41.05M 21.46M 39.89M
Net tangible assets - - - 1671.84M 1608.17M
Short term investments - - 2.56M - -
Net receivables 305.96M 273.35M 279.69M 253.10M 231.90M
Long term debt 2617.83M 2316.76M 2341.29M 2231.79M 2272.30M
Inventory - - -2.55800M 161.29M 192.70M
Accounts payable 147.20M 126.03M 133.31M 158.00M 186.20M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -0.06100M 0.99M 2.12M 2.07M -3.05900M
Additional paid in capital - - - - -
Common stock total equity - - - - -
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 3930.88M 3755.11M 3635.07M 3674.09M 3596.95M
Deferred long term asset charges - - - - -
Non current assets total 4017.63M 3860.93M 3717.41M 3743.93M 3693.85M
Capital lease obligations 45.01M 49.24M 33.93M 28.76M 29.34M
Long term debt total 2768.20M 2392.15M 2416.70M 2231.79M 2272.30M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments - -291.01000M -102.86900M -83.45700M -202.96900M
Change to liabilities - - - -13.39000M 20.84M
Total cashflows from investing activities -314.74300M -291.01000M -169.62300M -83.45700M -202.96900M
Net borrowings 371.74M -29.98300M 181.42M -43.33900M 82.81M
Total cash from financing activities 216.54M -169.67200M 46.26M -183.17500M -50.89600M
Change to operating activities - - - 2.13M -27.35500M
Net income 152.31M 138.93M -73.46900M 178.82M 81.58M
Change in cash 236.73M -129.72700M 152.91M -0.80700M -4.71700M
Begin period cash flow 39.70M 169.42M 16.51M 17.32M 22.03M
End period cash flow 276.43M 39.70M 169.42M 16.51M 17.32M
Total cash from operating activities 334.93M 330.95M 276.27M 265.82M 249.15M
Issuance of capital stock - - - - 0.00000M
Depreciation 161.90M 156.01M 151.40M 143.59M 150.64M
Other cashflows from investing activities -1.46600M -259.66800M -149.12300M 279.67M 116.45M
Dividends paid 136.60M 131.84M 127.18M -123.64500M -123.52700M
Change to inventory - - -4.85100M 2.13M -27.35500M
Change to account receivables -15.93600M 6.50M -5.61800M -2.43600M -0.66200M
Sale purchase of stock - - - 0.00000M 0.00000M
Other cashflows from financing activities -8.00800M -7.84900M -7.97900M 960.81M 1974.07M
Change to netincome - - - -41.83800M 23.91M
Capital expenditures 81.25M 31.34M 20.50M 36.38M 30.03M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital -26.45400M 2.88M -7.97600M -13.69600M -7.17600M
Stock based compensation -2.17100M 10.44M 8.54M 8.79M 7.98M
Other non cash items 47.17M 22.69M 219.97M -51.68300M 16.12M
Free cash flow 253.68M 299.61M 255.77M 229.45M 219.12M

Peer Comparison

Sector: Real Estate Industry: REIT - Office

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
CDP
COPT Defense Properties
-0.41 1.29% 31.31 23.96 38.17 4.84 2.43 8.14 15.18
BXP
BXP, Inc.
-0.31 0.51% 60.90 33.62 28.25 3.28 1.80 7.23 12.91
ARE
Alexandria Real Estate Equities Inc
-1.47 2.79% 51.27 - 16.69 2.75 0.55 7.03 57.41
GECFF
Gecina SA
- -% 87.89 12.89 10.00 7.82 0.47 14.19 21.95
VNO
Vornado Realty Trust
-0.22 0.64% 34.00 - 1250.00 4.65 1.23 8.18 33.48

Reports Covered

Stock Research & News

Profile

COPT Defense Properties, an S&P MidCap 400 Company, is a self-managed REIT focused on owning, operating and developing properties in locations proximate to, or sometimes containing, key U.S. Government defense installations and missions (referred to as its Defense/IT Portfolio). The Company's tenants include the USG and their defense contractors, who are primarily engaged in priority national security activities, and who generally require mission-critical and high security property enhancements. As of December 31, 2025, the Company's Defense/IT Portfolio of 201 properties, including 24 owned through unconsolidated joint ventures, encompassed 23.2 million square feet and was 96.5% leased.

COPT Defense Properties

6711 Columbia Gateway Drive, Columbia, MD, United States, 21046-2383

Key Executives

Name Title Year Born
Mr. Stephen E. Budorick President, CEO & Trustee 1960
Mr. Anthony Mifsud CPA Executive VP & CFO 1964
Mr. Britt A. Snider Executive VP & COO 1977
Mr. Matthew T. Myers Senior VP, Chief Accounting Officer & Controller 1984
Mr. Venkat Kommineni C.F.A. Vice President of Investor Relations NA
Mr. David L. Finch VP, General Counsel & Secretary NA
Ms. Sarah Blackwell Rowland Director of Human Resources NA
Mr. Dean A. Lopez Senior Vice President of Development & Construction NA
Mr. Frank W. Ziegler Senior Vice President of New Business & Development Government Services NA
Mr. William S. Barroll Managing SVP of Asset Management & Chief Business Officer NA

Disclaimer - This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

We use cookies to help us improve, promote, and protect our services. By continuing to use this site, we assume you consent to our Cookies Policy. For more information, read our Privacy Policy and Terms and Conditions