COPT Defense Properties

COPT Defense Properties

CDP
COPT Defense PropertiesUS flagNew York Stock Exchange
37.34
USD
-0.25
- -
4.23BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
6.15
6.66
6.66
6.08
6.19
5.56
5.5
5.21
5.94
6.59
6.11
6.71
6.79
6.68
Basic EPS, GAAP
0.87
0.28
1.75
0.16
0.63
0.69
1.72
0.87
0.68
1.54
-0.65
1.24
1.35
1.28
Free Cash Flow per Basic Share
1.87
2.2
2.17
2.48
2.33
1.74
2.06
2.13
2.23
2.37
2.46
2.95
2.75
2.9
Dividend per Share
1.35
1.28
1.25
1.25
1.2
1.1
1.1
1.1
1.11
1.1
1.13
1.17
1.21
1.19
Book Value per Share
-7.53
-8.13
-6.99
-8.09
-8.09
-8.14
-6.99
-7.23
-7.66
-7.2
-8.99
-8.93
-8.78
-8.88
Tangible Book Value per Share
14.17
14.72
14.25
14.46
14.47
15.49
15.48
15.21
14.93
15.51
13.79
13.9
14.11
13.96
Basic Weighted Avg Shares
85
88
94
95
99
104
111
112
112
112
112
112
113
112
Sales/Revenue/Turnover
523
586
625
574
613
578
612
582
664
739
685
753
764
750
Operating Margin (%)
28.23
22.68
22.92
26.78
24.63
25.41
24.8
27.63
25.39
24.55
27.51
28.32
30.16
29.72
Depreciation Expense
120
138
142
135
137
139
139
140
151
144
151
156
164
158
Net Income, GAAP
94
40
178
30
69
72
192
97
77
173
-73
139
152
144
Effective Tax Rate (%)
5.1
0.89
0.16
- -
1.44
- -
- -
0.35
0.19
0.3
- -
0.2
0.59
0.22
Profit Margin (%)
17.9
6.86
28.51
5.23
11.22
12.51
31.33
16.72
11.52
23.41
-10.73
18.44
19.94
19.23
Working Capital
86
-51
148
332
-43
-166
-164
85
131
82
224
80
266
34
LT Debt
1,928
1,831
2,034
1,904
1,718
1,611
1,671
1,975
2,226
2,050
2,375
2,366
2,663
2,366
Total Equity
1,515
1,539
1,636
1,618
1,491
1,653
1,749
1,719
1,684
1,748
1,547
1,561
1,588
1,569
Return on Invested Capital (%)
4.07
3.83
4
- -
4.34
- -
- -
4.31
4.31
4.53
- -
5.32
5.45
5.54
Return on Capital (%)
9.21
7.86
15.78
- -
10.9
- -
- -
12.72
9.52
15.08
- -
14.45
13.5
14.59
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
75
95
120
LT Borrowings
2,317
2,318
2,319
LT Finance Leases
49
48
47
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
113
113
113
Market Capitalization
3,476
3,063
3,099

Working Capital

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
393
378
373
Cash, Cash Equivalents & STI
38
24
21
Accounts Receivable, Net
204
212
215
Inventories
- -
- -
- -
Total Current Liabilities
313
309
339
Payables & Accruals
160
133
142
ST Debt
75
95
120
Deferred Revenue
78
81
77

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-0.11%
-1.43%
1.74%
Free Cash Flow
5.1%
5.71%
-6.35%
Net Income, GAAP
-15.05%
-63.45%
9.64%
Sales/Revenue/Turnover
2.33%
5.88%
1.41%
Total Cash Common Dividend
2.85%
2.07%
3.61%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
193
187
189
183
753
2025
188
190
197
- -
764
2026
201
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.29
0.31
0.32
0.31
1.24
2025
0.31
0.34
0.33
- -
1.35
2026
0.34
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.29
0.3
0.3
0.3
1.17
2025
0.3
0.31
0.31
- -
1.21
2026
0.31
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Stephen E. Budorick
Full Time Employees
430
Sector
Real Estate
Industry
REIT - Office
Address
6711 Columbia Gateway Drive Columbia MD United States of America 21046-2383
IPO Date
Dec 31, 1991
Website
copt.com
Business
COPT Defense Properties (NYSE: CDP) owns, operates and develops high-quality properties located in key locations proximate to government installations, defense contractors and other high-security government tenants. The company focuses primarily on mission-critical properties serving the U.S. Government and defense contractor end-users; its portfolio includes industrial, flex, office and data center properties strategically positioned near major military bases, such as those in Huntsville, AL; San Antonio, TX; and the National Capital Region. COPT Defense Properties offers property management, leasing, development and redevelopment services tailored to secure, high-demand defense-related needs. Founded in 1985 and headquartered in Columbia, Maryland, the company operates predominantly across the United States, with concentrations in defense-centric markets including the Mid-Atlantic, Sunbelt and emerging high-growth areas. Its business segments encompass defense/IT office properties, industrial and data center facilities, and development activities that support long-term tenant requirements for secure infrastructure. COPT Defense Properties targets U.S. Department of Defense agencies, intelligence community organizations, and leading aerospace/defense contractors as primary customers. In recent years, COPT Defense Properties has executed strategic portfolio enhancements, including the disposition of non-core assets and selective acquisitions to sharpen its focus on high-barrier-to-entry defense/IT locations. The company completed significant development projects, such as data center expansions in Huntsville and new mission-critical facilities in San Antonio, bolstering its industrial and flex offerings amid rising demand from hyperscale and government cloud tenants. No major name changes, funding rounds or partnerships were reported in the last 1-2 years, with operations emphasizing organic growth and operational efficiencies.

Company News

APIChatGPT
  • COPT Defense Properties (NYSE:CDP) Receives $35.38 Consensus PT from Analysts

  • Asbury Automotive Group Named in TIME America's Best Companies 2026 List

  • CDP Director Sells 3,922 Shares — Here's What That Means for Investors

  • COPT Defense (CDP) Upgraded to Buy: Here's Why

  • COPT Defense Provides Conference Call Details to Discuss 2Q 2026 Results

  • Globe sustains CDP Supplier Engagement 'A' rating, continuing its collaborative journey across the value chain

  • Why COPT Defense (CDP) is a Great Dividend Stock Right Now

  • Adstra Named Launch Partner for Databricks CustomerLake, Bringing Identity Resolution to the Heart of the Agentic CDP Era

  • COPT Defense Properties: Unique Property Niche Makes Shares A Gem

  • Why COPT Defense (CDP) is a Top Dividend Stock for Your Portfolio

  • WuXi Biologics Named to CDP Supplier Engagement Assessment A List for the Second Consecutive Year

  • Aptar Named a CDP Supplier Engagement Leader for the Sixth Consecutive Year

  • COPT Defense to Present at Nareit's REITweek: 2026 Investor Conference

  • Alpha Wave Global Initiates COPT Defense Properties Position, According to Recent SEC Filing

  • Italian state investor CDP to raise stake in payments group Nexi

  • COPT Defense (CDP) Could Be a Great Choice

  • DaVita Sets Bold 2030 Community Care Commitments After Exceeding Prior Five-Year ESG Goals

  • COPT Defense Declares Second Quarter 2026 Common Dividend

  • COPT Defense (CDP) Upgraded to Buy: Here's What You Should Know

  • COPT Defense (CDP) Could Be a Great Choice