COPT DEFENSE PROPERTIES (CDP)

36.59 -1.85% (-0.69)

Over 5Y: +62.7%

2026-08-28
20 30
2021 2022 2023 2024 2025 2026

Financials Quarterly

Q3 '21 — Revenue: 166.9M Q3 '21 — Operating Cash Flow: 61.9M Q3 '21 — Net Income: 27.1M Q4 '21 — Revenue: 185.9M Q4 '21 — Operating Cash Flow: 49.2M Q4 '21 — Net Income: 13.7M Q1 '22 — Revenue: 195.5M Q1 '22 — Operating Cash Flow: 52.7M Q1 '22 — Net Income: 60.8M Q2 '22 — Revenue: 185.8M Q2 '22 — Operating Cash Flow: 86M Q2 '22 — Net Income: 33.6M Q3 '22 — Revenue: 182.5M Q3 '22 — Operating Cash Flow: 48.4M Q3 '22 — Net Income: 32.3M Q4 '22 — Revenue: 175.2M Q4 '22 — Operating Cash Flow: 78.7M Q4 '22 — Net Income: 52.1M Q1 '23 — Revenue: 167.5M Q1 '23 — Operating Cash Flow: 58.7M Q1 '23 — Net Income: 80.4M Q2 '23 — Revenue: 169.2M Q2 '23 — Operating Cash Flow: 82.2M Q2 '23 — Net Income: 31.6M Q3 '23 — Revenue: 168.6M Q3 '23 — Operating Cash Flow: 68.7M Q3 '23 — Net Income: -221.2M Q4 '23 — Revenue: 179.7M Q4 '23 — Operating Cash Flow: 66.6M Q4 '23 — Net Income: 34.8M Q1 '24 — Revenue: 193.3M Q1 '24 — Operating Cash Flow: 71M Q1 '24 — Net Income: 33.7M Q2 '24 — Revenue: 187.3M Q2 '24 — Operating Cash Flow: 93.8M Q2 '24 — Net Income: 36.4M Q3 '24 — Revenue: 189.2M Q3 '24 — Operating Cash Flow: 65.1M Q3 '24 — Net Income: 37.4M Q4 '24 — Revenue: 183.4M Q4 '24 — Operating Cash Flow: 101.1M Q4 '24 — Net Income: 36.5M Q1 '25 — Revenue: 187.9M Q1 '25 — Operating Cash Flow: 72.1M Q1 '25 — Net Income: 36.2M Q2 '25 — Revenue: 189.9M Q2 '25 — Operating Cash Flow: 87.9M Q2 '25 — Net Income: 40.2M Q3 '25 — Revenue: 188.8M Q3 '25 — Operating Cash Flow: 68.6M Q3 '25 — Net Income: 43.7M Q4 '25 — Revenue: 197.4M Q4 '25 — Operating Cash Flow: 81.3M Q4 '25 — Net Income: 39.4M Q1 '26 — Revenue: 200.6M Q1 '26 — Operating Cash Flow: 96.4M Q1 '26 — Net Income: 40.1M Q2 '26 — Revenue: 197.4M Q2 '26 — Operating Cash Flow: 91.1M Q2 '26 — Net Income: 48.6M -180M -90M 0 90M 180M 270M
Q4 '21 Q3 '22 Q2 '23 Q1 '24 Q4 '24 Q3 '25 Q2 '26
Revenue Operating Cash Flow Free Cash Flow Net Income

Figures as at 2026-06-30, reported in USD. The newest fact in the filings is dated 2026-06-30, 61 days ago. Nothing on this page is advice.

How it scores

Five questions, each answered by the measures under it. Every figure is the company's own; the bar beside it is where that figure sits among the companies read here — the top fifth, the bottom fifth, or somewhere between. Not among all listed companies, and for a valuation multiple the low end is the good end.

Quality

How much of the revenue is really kept — and what did it take to earn it?

6.6
OE margin 41.4%
Oper. margin 30.3%
ROIC 4.6%
Accruals -3.7%
FCF margin 43.0%
OCF margin 43.0%
Gross margin 61.9%
OCF / EBIT 1.4×
ROA 3.8%
ROE 11.2%
Capex / sales —
ROCE —

5 of 17 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Valuation

What does the price ask for what the company earns, owns and pays out?

0.5
Div. yield —
EV/EBIT —
EV/GP —
EV/OE —
EV/Sales —
FCF yield —
Fwd P/E —
P/B —
P/C —
P/E —
PEG —

0 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Durability

How predictable is the revenue, and how much of it is already committed?

6.1
Segment HHI 0.5 HHI
RPO / sales —
RPO growth —

3 of 7 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Resilience

Can the balance sheet absorb a bad year?

1.9
ND/EBITDA —
Payout 81.3%
Cash / Debt 0.0093×
Debt / Eq 1.7×
Debt payback 7.6 yr
F-score 4.5 pts
Cash runway —
Current ratio —
Quick ratio —

2 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Growth

Is the business getting bigger, and is it getting more profitable?

4.0
Sales/sh Y/Y +4.1%
EPS CAGR 4Y +18.5%
Shares change +0.36%
Div. growth +3.6%
EBIT CAGR +8.0%
EPS Y/Y +14.0%
EBIT Y/Y +6.6%
Sales Q/Q +3.9%
EPS next Y —

4 of 13 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

A measure absent from a block could not be computed from this company's filings. It is left out rather than scored as though it were bad, and the dimension is averaged over what remains. A score is measured against a fixed scale this model states; the bar is measured against the other companies, so the two can disagree — and where they do, that disagreement is the more interesting figure.