COPT Defense Properties (CDP)
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COPT Defense Properties is a self-managed real estate investment trust that specialises in offices and mission-critical facilities serving the United States defence and intelligence community. Rather than operating as a broad commercial landlord, the company concentrates its portfolio around locations where federal defence agencies, military commands, contractors, and technology providers need secure, highly connected workspace close to key installations.
Its core Defense/IT portfolio includes properties near Fort George G. Meade and the Baltimore-Washington corridor, Redstone Arsenal in Huntsville, Northern Virginia defence and intelligence hubs, Lackland Air Force Base in San Antonio, and sites that support US Navy operations. The company also owns data centre shell properties in Northern Virginia, one of the world’s most important data infrastructure markets.
COPT’s tenants typically include government agencies and private-sector companies involved in national security, cybersecurity, aerospace, information technology, and defence services. This focus gives the REIT a different demand profile from traditional office owners, because occupancy is tied less to general corporate office trends and more to long-term government missions and contractor activity.
The company develops, owns, leases, and manages its assets directly, allowing it to tailor buildings to specialised tenant requirements such as secure environments, resilient power, and proximity to restricted federal sites. Its strategy is built around clusters of properties where it can deepen relationships with mission users and expand as demand grows.
Last updated
- Market Cap
- 3.55B
- P/E
- 22.83
- P/FCF
- 172.56
- P/S
- 4.57
- Enterprise Value
- 6.07B
- Sector
- Financials
- Industry
- Real Estate Investment Trusts
- Address
- 6711 COLUMBIA GATEWAY DRIVE, COLUMBIA, MD, 21046
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- Market Cap
Market cap is the total value of a company's shares, calculated by multiplying the stock price by the number of shares outstanding.
- 3.55B
- Enterprise Value
Enterprise value is the total value of a company, including its market cap, debt, and cash.
- 6.07B
- P/E
P/E ratio compares a company's share price to its earnings per share.
- 22.83
- P/B
P/B ratio compares a company's share price to its book value per share.
- 2.34
- P/S
P/S ratio compares a company's share price to its revenue per share.
- 4.57
- EV / EBITDA
EV/EBITDA measures a company's value compared to its earnings before interest, taxes, depreciation, and amortization.
- 15.13
- EV / Sales
EV/Sales measures a company's value compared to its total revenue.
- 7.81
- EPS
- 1.37
- Dividend Yield
Dividend yield shows how much a company pays in dividends each year compared to its share price.
- 3.95%
- P/FCF
Price-to-free-cash-flow ratio compares a company's share price to the cash it generates after expenses and investments.
- 172.56
- P/CF
P/CF ratio compares a company's share price to the cash flow it generates from its operations.
- 10.62
- Free Cash Flow
Free cash flow is the cash a company has left after covering operating costs and capital expenses.
- 20.57M
- ROE
ROE measures how effectively a company uses shareholders' equity to generate profit.
- 10.27%
- ROA
ROA measures how effectively a company uses its assets to generate profit.
- 3.49%
- Debt / Equity
Debt-to-equity ratio compares a company's total debt to its shareholders' equity.
- 1.68
- Current Ratio
Current ratio measures a company's ability to pay short-term debts using its short-term assets.
- 0.28
- Quick Ratio
Quick ratio measures a company's ability to pay short-term debts using cash and other easily available assets.
- 0.28
- Cash
Cash ratio measures a company's ability to cover short-term debts using only cash and cash equivalents.
- 0.1
- Avg Volume
Average volume shows the average number of shares traded over the last 30 trading days, helping indicate liquidity.
- 946.25K
- Fundamentals Snapshot Price
Fundamentals snapshot price is the stock price used when calculating the company's financial ratios and metrics.
- 31.31
Income Statement
| Line Item | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 |
|---|---|---|---|---|---|
| Revenue | 200.64M | 197.36M | 188.8M | 189.92M | 187.86M |
| Gross profit | 195.09M | 157.4M | 188.8M | 189.92M | 178.15M |
| Operating income | 58.32M | 58.3M | 57.83M | 59.64M | 54.6M |
| EBITDA | 101.42M | 101M | 98.89M | 99.68M | 94.5M |
| Net income | 38.56M | 36.88M | 41.73M | 38.35M | 34.74M |
| Basic EPS | 0.34 | 0.33 | 0.37 | 0.34 | 0.31 |
| Diluted EPS | 0.34 | 0.33 | 0.37 | 0.34 | 0.31 |
Balance Sheet
| Line Item | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 |
|---|---|---|---|---|---|
| Total assets | 4.46B | 4.7B | 4.35B | 4.29B | 4.25B |
| Total liabilities | 2.87B | 3.11B | 2.77B | 2.72B | 2.69B |
| Total equity | 1.55B | 1.54B | 1.54B | 1.53B | 1.52B |
| Cash & equivalents | 28.58M | 274.99M | 23.69M | 21.29M | 24.29M |
| Current assets | 80.49M | 333.17M | 143.37M | 122.19M | 133.37M |
| Current liabilities | 285.95M | 313.05M | 297.41M | 266.46M | 262M |
Cash Flow
| Line Item | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 |
|---|---|---|---|---|---|
| Operating cash flow | 96.41M | 81.32M | 68.64M | 87.9M | 72.08M |
| Investing cash flow | -82.3M | -106.63M | -34.54M | -79.03M | -69.55M |
| Financing cash flow | -260.17M | 276.95M | -32.69M | -11.53M | -16.18M |
| Change in cash | -246.06M | 251.64M | 1.41M | -2.66M | -13.65M |
| Kind | Filing | Date | Link |
|---|---|---|---|
| edgar index | 4 — COPT DEFENSE PROPERTIES | View Filing | |
| form 4 | Form 4 — PICKETT C TAYLOR | View Filing | |
| form 4 | Form 4 — PICKETT C TAYLOR | View Filing | |
| edgar index | 4 — COPT DEFENSE PROPERTIES | View Filing | |
| form 4 | Form 4 — DENTON ROBERT L | View Filing | |
| edgar index | 8-K — COPT DEFENSE PROPERTIES | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 4 — COPT DEFENSE PROPERTIES | View Filing | |
| edgar index | 4 — COPT DEFENSE PROPERTIES | View Filing | |
| edgar index | 4 — COPT DEFENSE PROPERTIES | View Filing | |
| edgar index | 4 — COPT DEFENSE PROPERTIES | View Filing | |
| edgar index | 4 — COPT DEFENSE PROPERTIES | View Filing | |
| edgar index | 4 — COPT DEFENSE PROPERTIES | View Filing | |
| edgar index | 4 — COPT DEFENSE PROPERTIES | View Filing | |
| edgar index | 4 — COPT DEFENSE PROPERTIES | View Filing | |
| form 4 | Form 4 — PICKETT C TAYLOR | View Filing | |
| form 4 | Form 4 — HAWKINS PHILIP L | View Filing | |
| form 4 | Form 4 — DENTON ROBERT L | View Filing | |
| form 4 | Form 4 — Owens Raymond Lee | View Filing | |
| form 4 | Form 4 — Long Letitia A | View Filing | |
| form 4 | Form 4 — Trimberger Lisa G | View Filing | |
| form 4 | Form 4 — Miller Essye B. | View Filing | |
| form 4 | Form 4 — DENTON ROBERT L | View Filing | |
| edgar index | 10-Q — COPT DEFENSE PROPERTIES | View Filing | |
| edgar index | SCHEDULE 13G — COPT DEFENSE PROPERTIES | View Filing | |
| edgar index | 8-K — COPT DEFENSE PROPERTIES | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | DEF 14A — COPT DEFENSE PROPERTIES | View Filing | |
| edgar index | DEFA14A — COPT DEFENSE PROPERTIES | View Filing | |
| edgar index | ARS — COPT DEFENSE PROPERTIES | View Filing | |
| edgar index | SCHEDULE 13G/A — COPT DEFENSE PROPERTIES | View Filing | |
| edgar index | 4 — COPT DEFENSE PROPERTIES | View Filing | |
| edgar index | 4 — COPT DEFENSE PROPERTIES | View Filing | |
| edgar index | 4 — COPT DEFENSE PROPERTIES | View Filing | |
| edgar index | 4 — COPT DEFENSE PROPERTIES | View Filing | |
| edgar index | 4 — COPT DEFENSE PROPERTIES | View Filing | |
| form 4 | Form 4 — DENTON ROBERT L | View Filing | |
| form 4 | Form 4 — BUDORICK STEPHEN E | View Filing | |
| form 4 | Form 4 — Mifsud Anthony | View Filing | |
| form 4 | Form 4 — Mifsud Anthony | View Filing | |
| form 4 | Form 4 — Myers Matthew T | View Filing | |
| form 4 | Form 4 — Myers Matthew T | View Filing | |
| form 4 | Form 4 — Myers Matthew T | View Filing | |
| form 4 | Form 4 — Myers Matthew T | View Filing | |
| form 4 | Form 4 — Snider Britt A. | View Filing | |
| form 4 | Form 4 — Snider Britt A. | View Filing | |
| edgar index | 4 — COPT DEFENSE PROPERTIES | View Filing | |
| edgar index | 144 — COPT DEFENSE PROPERTIES | View Filing | |
| form 4 | Form 4 — HAWKINS PHILIP L | View Filing | |
| edgar index | 10-K — COPT DEFENSE PROPERTIES | View Filing | |
| ten k section | 10-K — business | View Filing | |
| ten k section | 10-K — mda | View Filing | |
| ten k section | 10-K — risk_factors | View Filing | |
| edgar index | 4 — COPT DEFENSE PROPERTIES | View Filing | |
| form 4 | Form 4 — DENTON ROBERT L | View Filing | |
| edgar index | 4 — COPT DEFENSE PROPERTIES | View Filing | |
| edgar index | 4 — COPT DEFENSE PROPERTIES | View Filing | |
| edgar index | 8-K — COPT DEFENSE PROPERTIES | View Filing | |
| edgar index | SCHEDULE 13G — COPT DEFENSE PROPERTIES | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| form 4 | Form 4 — BUDORICK STEPHEN E | View Filing | |
| form 4 | Form 4 — Mifsud Anthony | View Filing | |
| edgar index | 8-K — COPT DEFENSE PROPERTIES | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | 4 — COPT DEFENSE PROPERTIES | View Filing | |
| form 4 | Form 4 — DENTON ROBERT L | View Filing | |
| edgar index | 4 — COPT DEFENSE PROPERTIES | View Filing | |
| form 4 | Form 4 — DENTON ROBERT L | View Filing | |
| edgar index | 4 — COPT DEFENSE PROPERTIES | View Filing | |
| form 4 | Form 4 — Myers Matthew T | View Filing | |
| edgar index | SCHEDULE 13G/A — COPT DEFENSE PROPERTIES | View Filing | |
| edgar index | 4 — COPT DEFENSE PROPERTIES | View Filing | |
| form 4 | Form 4 — Mifsud Anthony | View Filing | |
| edgar index | 10-Q — COPT DEFENSE PROPERTIES | View Filing | |
| edgar index | 4 — COPT DEFENSE PROPERTIES | View Filing |