COPT Defense Properties
NYSE:CDP

Watchlist Manager
COPT Defense Properties Logo
COPT Defense Properties
NYSE:CDP
Watchlist
Price: 29.16 USD 0.83% Market Closed
Market Cap: 6.5B USD
Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Income Statement

Revenue
+
3Y
+0%
5Y
+31%
10Y
+19%
Operating Income
+
3Y
+27%
5Y
+46%
10Y
+61%
Net Income
+
3Y
+10%
5Y
+157%
10Y
+32%

Earnings Waterfall
COPT Defense Properties

Revenue
750m USD
Cost of Revenue
-308.2m USD
Gross Profit
441.8m USD
Operating Expenses
-215.5m USD
Operating Income
226.4m USD
Other Expenses
-77m USD
Net Income
149.3m USD

Income Statement
COPT Defense Properties

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Income Statement
Currency: USD
Dec-2001 Mar-2002 Jun-2002 Sep-2002 Dec-2002 Mar-2003 Jun-2003 Sep-2003 Dec-2003 Mar-2004 Jun-2004 Sep-2004 Dec-2004 Mar-2005 Jun-2005 Sep-2005 Dec-2005 Mar-2006 Jun-2006 Sep-2006 Dec-2006 Mar-2007 Jun-2007 Sep-2007 Dec-2007 Mar-2008 Jun-2008 Sep-2008 Dec-2008 Mar-2009 Jun-2009 Sep-2009 Dec-2009 Mar-2010 Jun-2010 Sep-2010 Dec-2010 Mar-2011 Jun-2011 Sep-2011 Dec-2011 Mar-2012 Jun-2012 Sep-2012 Dec-2012 Mar-2013 Jun-2013 Sep-2013 Dec-2013 Mar-2014 Jun-2014 Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025 Sep-2025
Revenue
Interest Expense
34
35
36
38
42
43
44
44
43
44
44
46
45
50
53
54
56
61
65
69
73
76
80
83
88
87
87
88
86
85
82
80
80
85
92
97
88
91
90
88
90
97
96
95
86
82
79
75
82
76
79
84
92
92
91
90
89
92
93
87
83
79
75
76
77
77
77
76
75
75
75
73
71
69
68
68
68
69
68
66
65
46
45
44
61
63
65
68
71
75
80
82
82
82
82
83
Revenue
127
N/A
130
+3%
138
+6%
143
+4%
155
+8%
166
+7%
171
+3%
197
+15%
203
+3%
216
+7%
232
+7%
227
-2%
233
+3%
260
+12%
277
+6%
308
+11%
316
+3%
331
+5%
339
+3%
340
+0%
348
+2%
367
+5%
385
+5%
398
+3%
404
+1%
416
+3%
434
+4%
519
+19%
585
+13%
659
+13%
747
+13%
757
+1%
738
-3%
733
-1%
656
-11%
581
-11%
470
-19%
454
-3%
450
-1%
452
+0%
493
+9%
513
+4%
514
+0%
517
+1%
508
-2%
503
-1%
511
+2%
514
+0%
523
+2%
531
+1%
535
+1%
556
+4%
587
+6%
601
+2%
631
+5%
629
0%
626
-1%
609
-3%
584
-4%
576
-1%
574
0%
570
-1%
575
+1%
590
+3%
613
+4%
629
+3%
624
-1%
604
-3%
578
-4%
572
-1%
600
+5%
622
+4%
612
-2%
609
-1%
578
-5%
574
-1%
582
+1%
591
+1%
603
+2%
616
+2%
664
+8%
706
+6%
734
+4%
750
+2%
739
-1%
711
-4%
694
-2%
680
-2%
685
+1%
711
+4%
729
+3%
750
+3%
753
+0%
748
-1%
750
+0%
750
0%
Gross Profit
Cost of Revenue
(41)
(41)
(43)
(45)
(49)
(56)
(58)
(77)
(81)
(86)
(93)
(84)
(86)
(102)
(116)
(141)
(148)
(152)
(152)
(144)
(150)
(155)
(160)
(163)
(163)
(167)
(182)
(264)
(325)
(392)
(475)
(484)
(483)
(465)
(390)
(314)
(241)
(223)
(223)
(223)
(236)
(241)
(233)
(232)
(230)
(222)
(227)
(229)
(226)
(234)
(241)
(259)
(280)
(300)
(321)
(309)
(297)
(272)
(244)
(239)
(243)
(241)
(253)
(268)
(291)
(307)
(302)
(285)
(259)
(248)
(270)
(289)
(294)
(291)
(264)
(257)
(256)
(261)
(269)
(278)
(313)
(353)
(379)
(390)
(373)
(338)
(317)
(299)
(298)
(315)
(323)
(335)
(331)
(320)
(315)
(308)
Gross Profit
86
N/A
89
+3%
95
+7%
98
+3%
106
+8%
110
+4%
113
+2%
120
+6%
122
+1%
130
+7%
139
+7%
143
+3%
147
+3%
159
+8%
161
+1%
167
+4%
168
+1%
179
+6%
187
+5%
197
+5%
198
+1%
212
+7%
225
+6%
235
+5%
241
+3%
249
+3%
252
+1%
255
+1%
260
+2%
267
+3%
272
+2%
273
+0%
255
-7%
268
+5%
266
-1%
267
+0%
229
-14%
232
+1%
227
-2%
229
+1%
257
+12%
272
+6%
281
+3%
285
+1%
278
-2%
281
+1%
285
+1%
285
+0%
297
+4%
297
0%
294
-1%
296
+1%
307
+3%
301
-2%
311
+3%
320
+3%
328
+3%
337
+3%
341
+1%
337
-1%
331
-2%
328
-1%
323
-2%
323
+0%
322
0%
322
0%
322
0%
320
-1%
319
0%
324
+2%
330
+2%
333
+1%
318
-4%
318
0%
314
-1%
317
+1%
327
+3%
330
+1%
335
+1%
338
+1%
351
+4%
352
+0%
356
+1%
360
+1%
366
+2%
373
+2%
377
+1%
382
+1%
387
+1%
395
+2%
406
+3%
415
+2%
422
+2%
428
+1%
435
+2%
442
+2%
Operating Income
Operating Expenses
(26)
(28)
(32)
(33)
(38)
(39)
(40)
(43)
(44)
(48)
(55)
(69)
(60)
(66)
(65)
(73)
(74)
(80)
(84)
(89)
(94)
(103)
(114)
(120)
(126)
(127)
(125)
(116)
(127)
(113)
(116)
(126)
(125)
(136)
(136)
(141)
(127)
(130)
(128)
(132)
(143)
(152)
(158)
(152)
(146)
(143)
(140)
(141)
(150)
(163)
(167)
(169)
(173)
(163)
(167)
(179)
(185)
(192)
(191)
(182)
(178)
(272)
(171)
(171)
(171)
(186)
(170)
(170)
(172)
(177)
(181)
(179)
(166)
(163)
(161)
(161)
(167)
(170)
(173)
(173)
(183)
(182)
(181)
(181)
(185)
(189)
(194)
(198)
(199)
(455)
(457)
(206)
(209)
(211)
(212)
(215)
Selling, General & Administrative
(5)
(6)
(7)
(6)
(7)
(6)
(6)
(7)
(8)
(8)
(9)
(10)
(11)
(12)
(13)
(13)
(14)
(14)
(15)
(16)
(17)
(18)
(19)
(21)
(20)
(23)
(23)
(23)
(24)
(23)
(23)
(24)
(23)
(24)
(24)
(24)
(29)
(29)
(30)
(34)
(30)
(33)
(36)
(32)
(32)
(30)
(28)
(30)
(31)
(31)
(32)
(31)
(32)
(32)
(32)
(32)
(31)
(35)
(36)
(37)
(37)
(33)
(33)
(32)
(31)
(30)
(29)
(29)
(29)
(31)
(33)
(34)
(37)
(36)
(35)
(35)
(36)
(37)
(39)
(41)
(40)
(40)
(40)
(39)
(40)
(42)
(45)
(47)
(50)
(51)
(53)
(54)
(55)
(56)
(56)
(57)
Research & Development
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(1)
0
0
0
(2)
0
(0)
0
(1)
(2)
(2)
(2)
(4)
(3)
(3)
(6)
(6)
(8)
(8)
(7)
(6)
(7)
(7)
(6)
(6)
(6)
(6)
(5)
(5)
(5)
(6)
(6)
(6)
(7)
(8)
(13)
(14)
(13)
(13)
(9)
(8)
(8)
(7)
(6)
(6)
(6)
(6)
(6)
(6)
(5)
(5)
(4)
(4)
(4)
(5)
(5)
(5)
(5)
(5)
(5)
(5)
(4)
(4)
(3)
(3)
(3)
0
(4)
(3)
(4)
(5)
0
0
0
0
0
Depreciation & Amortization
(20)
(22)
(25)
(27)
(31)
(32)
(34)
(36)
(37)
(39)
(46)
(48)
(49)
(55)
(54)
(60)
(60)
(66)
(69)
(73)
(76)
(85)
(94)
(99)
(104)
(104)
(102)
(101)
(102)
(103)
(107)
(108)
(98)
(109)
(109)
(112)
(92)
(93)
(90)
(92)
(107)
(113)
(116)
(114)
(108)
(107)
(107)
(106)
(113)
(127)
(130)
(132)
(136)
(124)
(127)
(135)
(140)
(143)
(142)
(136)
(133)
(131)
(131)
(133)
(134)
(135)
(135)
(135)
(137)
(139)
(140)
(141)
(125)
(123)
(122)
(122)
(127)
(128)
(130)
(128)
(138)
(137)
(137)
(139)
(141)
(144)
(147)
(149)
(149)
(150)
(151)
(152)
(154)
(155)
(156)
(158)
Other Operating Expenses
0
0
0
0
0
0
0
0
0
0
0
(11)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
7
0
15
15
8
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(100)
0
0
0
(16)
0
0
0
(3)
(3)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(2)
0
3
(249)
(248)
0
0
0
0
0
Operating Income
60
N/A
61
+1%
63
+5%
65
+3%
69
+5%
72
+4%
73
+2%
77
+5%
77
+1%
82
+7%
85
+3%
74
-12%
87
+17%
93
+7%
96
+4%
94
-2%
95
+0%
99
+5%
103
+4%
108
+4%
105
-3%
109
+4%
111
+2%
115
+4%
116
+0%
123
+6%
127
+3%
139
+9%
133
-4%
154
+16%
156
+1%
147
-6%
130
-11%
133
+2%
130
-2%
126
-3%
103
-18%
102
0%
100
-2%
97
-3%
114
+17%
120
+6%
123
+3%
133
+8%
133
0%
138
+4%
145
+5%
144
0%
148
+3%
134
-9%
127
-5%
128
+1%
133
+4%
138
+4%
144
+4%
141
-2%
143
+2%
146
+2%
150
+3%
155
+3%
154
-1%
56
-63%
152
+170%
151
0%
151
0%
136
-10%
151
+12%
150
-1%
147
-2%
147
N/A
150
+2%
153
+2%
152
-1%
154
+2%
153
-1%
155
+1%
160
+3%
160
N/A
162
+1%
165
+2%
169
+2%
171
+1%
175
+3%
179
+2%
181
+1%
184
+1%
183
0%
184
+0%
188
+2%
(59)
N/A
(51)
+14%
209
N/A
213
+2%
218
+2%
223
+3%
226
+1%
Pre-Tax Income
Interest Income Expense
(34)
(35)
(36)
(38)
(42)
(44)
(45)
(45)
(43)
(44)
(44)
(33)
(45)
(49)
(53)
(55)
(56)
(61)
(65)
(69)
(72)
(76)
(80)
(84)
(85)
(84)
(83)
(85)
(84)
(83)
(79)
(75)
(76)
(81)
(89)
(95)
(77)
(80)
(77)
(76)
(115)
(122)
(123)
(121)
(80)
(76)
(71)
(68)
(76)
(70)
(73)
(78)
(87)
(87)
(86)
(86)
(85)
(87)
(88)
(81)
(76)
(71)
(67)
(68)
(69)
(69)
(69)
(69)
(68)
(67)
(66)
(64)
(62)
(61)
(59)
(112)
(111)
(111)
(110)
(56)
(56)
(53)
(52)
(51)
(50)
(53)
(54)
(57)
(59)
(61)
(65)
(66)
(69)
(71)
(73)
(72)
Non-Reccuring Items
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
8
0
0
0
0
0
0
0
0
(28)
(43)
(45)
(85)
(53)
(38)
(83)
(45)
(55)
(76)
(35)
(33)
(17)
3
9
(11)
(11)
(11)
73
62
60
(9)
(120)
(103)
0
(33)
(5)
(16)
0
(14)
(14)
(3)
0
0
(3)
(0)
0
0
(5)
21
(13)
(38)
(34)
(101)
(68)
(43)
(41)
(1)
(0)
(0)
(253)
(253)
0
0
0
0
0
0
0
Gain/Loss on Disposition of Assets
2
3
1
2
3
2
2
1
0
(0)
(0)
0
0
0
0
0
0
0
0
0
0
0
1
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
10
0
0
0
2
2
87
87
105
105
21
21
30
30
70
70
66
66
26
26
19
69
69
69
49
0
0
0
0
0
0
3
Total Other Income
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(10)
0
(9)
(9)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
10
10
10
0
0
0
0
0
(1)
(1)
0
1
3
3
2
1
1
1
(2)
(0)
(1)
0
0
0
0
0
0
0
0
0
0
Pre-Tax Income
27
N/A
28
+3%
28
-1%
28
+1%
29
+2%
30
+2%
30
+2%
33
+9%
34
+2%
38
+12%
40
+5%
41
+3%
42
+2%
44
+4%
44
N/A
40
-9%
38
-4%
38
-2%
38
N/A
38
+2%
32
-16%
33
+1%
32
-2%
33
+3%
31
-6%
39
+27%
42
+8%
44
+3%
57
+30%
62
+10%
68
+9%
72
+6%
55
-24%
52
-6%
41
-20%
31
-25%
26
-16%
(5)
N/A
(20)
-283%
(24)
-18%
(86)
-258%
(54)
+37%
(37)
+32%
(70)
-89%
8
N/A
7
-11%
(3)
N/A
41
N/A
39
-4%
47
+20%
56
+20%
59
+5%
35
-41%
40
+15%
48
+19%
128
+169%
121
-6%
118
-2%
53
-55%
(47)
N/A
(25)
+46%
(15)
+41%
53
N/A
79
+50%
76
-3%
76
+0%
79
+3%
77
-2%
78
+1%
82
+5%
170
+108%
173
+2%
195
+13%
198
+2%
114
-42%
60
-48%
101
+69%
69
-32%
87
+26%
146
+69%
78
-46%
117
+49%
107
-8%
111
+4%
150
+35%
199
+33%
197
-1%
(56)
N/A
(74)
-31%
(120)
-63%
(116)
+4%
143
N/A
144
+1%
147
+2%
151
+3%
157
+5%
Net Income
Tax Provision
0
0
0
0
0
0
0
(0)
0
(0)
(0)
0
(1)
(1)
(1)
(1)
(1)
(0)
(0)
(0)
(1)
(1)
(1)
(1)
(1)
(1)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
0
0
(0)
1
6
7
7
6
1
(0)
(0)
(0)
(0)
(0)
(2)
(2)
(2)
(2)
(0)
(0)
(0)
(0)
(0)
(0)
0
0
(0)
(0)
(0)
(0)
(1)
(1)
(1)
(1)
0
0
1
0
0
0
0
0
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(1)
(1)
(1)
(1)
(0)
(0)
(0)
(0)
(0)
(1)
Income from Continuing Operations
28
29
28
29
30
30
31
33
34
38
40
41
41
43
43
39
38
37
37
38
32
32
31
32
30
39
42
44
56
62
67
72
55
51
41
31
26
(5)
(15)
(17)
(79)
(48)
(36)
(70)
8
7
(3)
41
37
45
54
57
35
40
47
128
121
118
53
(46)
(25)
(15)
52
78
75
75
77
77
79
82
171
174
195
199
114
60
101
68
86
146
78
116
107
111
149
198
196
(57)
(74)
(121)
(116)
142
144
146
150
157
Income to Minority Interest
(8)
(8)
(8)
(7)
(8)
(7)
(7)
(7)
(6)
(6)
(6)
(6)
(6)
(6)
(6)
(5)
(5)
(5)
(5)
(5)
(8)
(3)
(3)
(3)
(4)
(4)
(5)
(5)
(7)
(7)
(7)
(7)
(4)
(4)
(3)
(2)
(3)
0
1
3
5
7
7
7
(1)
(1)
(1)
(5)
(8)
(9)
(9)
(10)
(5)
(5)
(6)
(8)
(11)
(11)
(8)
(6)
(4)
(5)
(7)
(7)
(6)
(6)
(7)
(6)
(6)
(6)
(7)
(8)
(8)
(8)
(7)
(6)
(6)
(5)
(5)
(6)
(5)
(6)
(5)
(5)
(6)
(6)
(6)
0
1
1
1
(5)
(5)
(5)
(6)
(7)
Equity Earnings Affiliates
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
1
1
1
1
2
3
3
0
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Net Income (Common)
13
N/A
13
N/A
13
-1%
13
+2%
13
N/A
16
+20%
5
-69%
7
+36%
8
+13%
7
-13%
19
+178%
17
-6%
19
+9%
20
+5%
21
+6%
24
+13%
24
+3%
25
+4%
25
N/A
33
+30%
29
-12%
25
-13%
24
-6%
17
-30%
16
-3%
24
+47%
28
+17%
26
-8%
37
+45%
40
+7%
44
+11%
49
+11%
39
-20%
33
-16%
25
-25%
19
-23%
27
+40%
1
-98%
(32)
N/A
(32)
+0%
(143)
-344%
(107)
+25%
(72)
+33%
(103)
-44%
(2)
+98%
1
N/A
(20)
N/A
(0)
+98%
70
N/A
62
-13%
77
+24%
103
+35%
22
-79%
32
+44%
46
+45%
113
+145%
163
+44%
161
-1%
94
-42%
31
-67%
(3)
N/A
11
N/A
70
+523%
67
-4%
55
-17%
55
-1%
66
+22%
64
-3%
72
+11%
76
+5%
163
+115%
165
+2%
191
+16%
194
+2%
111
-43%
58
-48%
97
+67%
66
-32%
85
+29%
144
+69%
76
-47%
142
+87%
132
-7%
136
+3%
172
+27%
192
+11%
190
-1%
(58)
N/A
(75)
-28%
(121)
-62%
(116)
+4%
137
N/A
138
+1%
141
+2%
144
+2%
149
+4%
EPS (Diluted)
0.59
N/A
0.6
+2%
0.52
-13%
0.52
N/A
0.51
-2%
0.62
+22%
0.19
-69%
0.21
+11%
0.27
+29%
0.23
-15%
0.54
+135%
0.51
-6%
0.53
+4%
0.53
N/A
0.54
+2%
0.61
+13%
0.62
+2%
0.6
-3%
0.58
-3%
0.75
+29%
0.67
-11%
0.53
-21%
0.49
-8%
0.34
-31%
0.33
-3%
0.49
+48%
0.58
+18%
0.56
-3%
0.76
+36%
0.74
-3%
0.79
+7%
0.84
+6%
0.69
-18%
0.56
-19%
0.41
-27%
0.32
-22%
0.44
+38%
0
N/A
-0.48
N/A
-0.45
+6%
-2.05
-356%
-1.5
+27%
-0.98
+35%
-1.44
-47%
-0.02
+99%
0
N/A
-0.23
N/A
0
N/A
0.82
N/A
0.7
-15%
0.87
+24%
1.18
+36%
0.25
-79%
0.33
+32%
0.46
+39%
1.19
+159%
1.67
+40%
1.69
+1%
0.99
-41%
0.33
-67%
-0.03
N/A
0.11
N/A
0.7
+536%
0.69
-1%
0.56
-19%
0.53
-5%
0.67
+26%
0.61
-9%
0.69
+13%
0.67
-3%
1.45
+116%
1.49
+3%
1.71
+15%
1.73
+1%
0.99
-43%
0.51
-48%
0.85
+67%
0.59
-31%
0.74
+25%
1.28
+73%
0.67
-48%
1.26
+88%
1.17
-7%
1.2
+3%
1.53
+28%
1.71
+12%
1.69
-1%
-0.52
N/A
-0.67
-29%
-1.08
-61%
-1.04
+4%
1.22
N/A
1.23
+1%
1.24
+1%
1.27
+2%
1.32
+4%

See Also

Summary
CDP intrinsic value, competitors valuation, and company profile.
DCF Valuation
CDP stock valuation using Discount Cash Flow valuation method.
Relative Valuation
CDP stock valuation using valuation multiples.
Wall Street Estimates
CDP price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
CDP stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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