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.

31.31 USD
12.53 USD
−0.41 (-1.29%)
After-hours

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
Zacks Investment Research

COPT Defense (CDP) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

30 Jul 2024, 00:30 AM
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3 Reasons Why Growth Investors Shouldn't Overlook COPT Defense (CDP)

14 Jun 2024, 18:45 PM
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COPT Defense (CDP) Could Be a Great Choice

07 Jun 2024, 17:45 PM
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Is COPT Defense (CDP) a Solid Growth Stock? 3 Reasons to Think "Yes"

29 May 2024, 18:45 PM
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20 May 2024, 15:10 PM
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3 Reasons Why Growth Investors Shouldn't Overlook COPT Defense (CDP)

13 May 2024, 18:45 PM
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3 'Mission Critical' REITs

13 May 2024, 13:00 PM
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Why COPT Defense (CDP) is a Great Dividend Stock Right Now

06 May 2024, 17:45 PM
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Stagflation Is Back

28 Apr 2024, 15:00 PM
Zacks Investment Research

COPT Defense (CDP) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates

26 Apr 2024, 02:00 AM
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COPT Defense (CDP) Q1 FFO and Revenues Top Estimates

25 Apr 2024, 23:40 PM
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Market Cap
3.55B
Enterprise Value
6.07B
P/E
22.83
P/B
2.34
P/S
4.57
EV / EBITDA
15.13
EV / Sales
7.81
EPS
1.37
Dividend Yield
3.95%
P/FCF
172.56
P/CF
10.62
Free Cash Flow
20.57M
ROE
10.27%
ROA
3.49%
Debt / Equity
1.68
Current Ratio
0.28
Quick Ratio
0.28
Cash
0.1
Avg Volume
946.25K
Fundamentals Snapshot Price
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
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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