Copt Defense Properties (CDP) Financial Statements
Industry: Real Estate Investment Trusts
In fiscal 2025, Copt Defense Properties reported revenue of $763.9M, up 1.4% from $753.3M the year before. Net income was $159.5M (a 20.9% net margin), or $1.34 per diluted share. Gross margin was 30.2% and operating margin was 58.3%. Operating activities generated $309.9M of cash. At fiscal year end, Copt Defense Properties held $4.70B in total assets against $3.11B in total liabilities, including $275.0M of cash and equivalents.
Open the full interactive Copt Defense Properties financials → Quarterly statements, key ratios, valuation history and price charts.
Copt Defense Properties Key Stats
| Share Price | $33.55 |
|---|---|
| Market Cap | $3.85B |
| P/E Ratio | 25.0 |
| Revenue YoY Growth | +1.4% |
| 52-Week Range | $26.26 – $37.99 |
| Shares Outstanding | 112.9 million (basic, 2026 Q2) |
Copt Defense Properties Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $609.4M | $664.4M | $739.0M | $685.0M | $753.3M | $763.9M |
| Cost of Goods Sold | $67.6M | $104.1M | $557.6M | $749.3M | $539.9M | $533.6M |
| Gross Profit | $541.8M | $560.4M | $181.4M | -$64.3M | $213.3M | $230.4M |
| Operating Income | $370.6M | $386.7M | $4.4M | -$256.1M | $418.9M | $445.6M |
| Pre-Tax Income | $101.4M | $77.3M | $148.0M | -$73.5M | $143.8M | $157.7M |
| Income Tax | $353,000 | $145,000 | $447,000 | $588,000 | $288,000 | $947,000 |
| Net Income | $97.4M | $13.7M | $178.8M | -$74.3M | $143.9M | $159.5M |
| Diluted EPS | $0.87 | $0.68 | $1.53 | -$0.67 | $1.23 | $1.34 |
Copt Defense Properties Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $188.8M | $197.4M | $200.6M | $197.4M |
| Net Income | $43.7M | $39.4M | $40.1M | $48.6M |
| Diluted EPS | $0.37 | $0.35 | $0.34 | $0.40 |
Copt Defense Properties Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $18.4M | $13.3M | $12.3M | $167.8M | $38.3M | $275.0M |
| Total Assets | $4.08B | $4.26B | $4.26B | $4.25B | $4.25B | $4.70B |
| Total Long-Term Debt | $2.09B | $2.27B | $2.23B | $2.42B | $2.39B | $2.77B |
| Total Liabilities | $2.36B | $2.58B | $2.51B | $2.70B | $2.69B | $3.11B |
| Shareholders' Equity | $1.66B | $1.62B | $1.68B | $1.48B | $1.49B | $1.51B |
Copt Defense Properties Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $238.4M | $249.1M | $265.8M | $276.3M | $331.0M | $309.9M |
| Cash From Investing | -$325.8M | -$203.0M | -$83.5M | -$169.6M | -$291.0M | -$289.7M |
| Cash From Financing | $91.3M | -$50.9M | -$183.2M | $46.3M | -$169.7M | $216.5M |
Figures from Copt Defense Properties' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Copt Defense Properties financials page for every line item.
Copt Defense Properties Company Profile
| Ticker | CDP |
|---|---|
| Exchange | NYSE |
| Industry | Real Estate Investment Trusts |
| Headquarters | Columbia, Maryland |
| Incorporated in | Maryland |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000860546 |
Frequently Asked Questions
What was Copt Defense Properties' revenue in fiscal 2025?
Copt Defense Properties (CDP) reported revenue of $763.9M for fiscal 2025.
What is Copt Defense Properties' annual revenue history?
Copt Defense Properties' annual revenue by fiscal year: 2020: $609.4M; 2021: $664.4M; 2022: $739.0M; 2023: $685.0M; 2024: $753.3M; 2025: $763.9M.
What was Copt Defense Properties' net income in fiscal 2025?
Copt Defense Properties reported net income of $159.5M for fiscal 2025.
What was Copt Defense Properties' earnings per share (EPS) in fiscal 2025?
Copt Defense Properties' diluted EPS was $1.34 for fiscal 2025 (adjusted for any later stock splits).
What was Copt Defense Properties' revenue last quarter?
In its most recent reported quarter (2026 Q2), Copt Defense Properties reported revenue of $197.4M.
How much debt does Copt Defense Properties have?
Copt Defense Properties reported $2.77B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Copt Defense Properties are outstanding?
Copt Defense Properties reported a weighted average of 112.9 million basic shares outstanding in 2026 Q2.
What is Copt Defense Properties' market cap?
Based on its latest closing price, Copt Defense Properties (CDP) has a market capitalization of about $3.85B.
When does Copt Defense Properties' fiscal year end?
Copt Defense Properties' fiscal year end, as registered with the SEC, is December 31.
Where is Copt Defense Properties headquartered?
Copt Defense Properties lists its business address in Columbia, Maryland in its SEC filings.