CDP
COPT Defense Properties
NYSE · Real Estate · REIT - Office · US
$35.16
−0.40%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 784.2M | 763.9M | 753.3M | 685.0M | 739.0M |
| Cost of Revenue | 489.1M | 646.1M | 492.9M | 453.8M | 518.6M |
| Gross Profit | 295.1M | 117.8M | 260.4M | 231.2M | 220.4M |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 47.0M | 32.8M | 47.0M | 42.8M | 39.0M |
| General & Admin Expense | 39.7M | 32.8M | 47.0M | 42.8M | 39.0M |
| Selling & Marketing Expense | 7.3M | — | — | — | — |
| Other Expenses | 10.3M | (145.3M) | — | — | — |
| Total Operating Expenses | 57.2M | (112.5M) | 47.0M | 42.8M | 39.0M |
| Cost and Expenses | 546.4M | 533.6M | 539.9M | 496.5M | 557.6M |
| Operating Income (EBIT) | 237.8M | 230.4M | 213.3M | 188.5M | 181.4M |
| Non-Operating | |||||
| Interest Income | 6.9M | 12.2M | 17.0M | 16.5M | 9.3M |
| Interest Expense | 93.7M | 88.2M | 83.8M | 72.5M | 61.2M |
| Net Interest Income | (86.7M) | (76.0M) | (66.8M) | (56.0M) | (51.8M) |
| Other Non-Op Income/Expense | (62.3M) | (69.9M) | (69.1M) | (262.2M) | (31.7M) |
| Non-Operating Income (excl Interest) | (20.4M) | (16.8M) | (14.7M) | 187.2M | (29.5M) |
| EBT (Pre-Tax Income) | 175.6M | 160.5M | 144.2M | (73.8M) | 149.7M |
| Income Tax Expense | 885.0K | 947.0K | 288.0K | 588.0K | 447.0K |
| Bottom Line | |||||
| Net Income | 164.1M | 152.3M | 138.9M | (73.5M) | 173.0M |
| Earnings from Cont. Ops | 174.7M | 159.5M | 143.9M | (74.3M) | 149.2M |
| Earnings from Discont. Ops | — | — | — | — | 29.6M |
| Bottom Line Net Income | 163.9M | 152.3M | 138.9M | (73.5M) | 173.0M |
| Per Share | |||||
| Basic EPS | $1.45 | $1.35 | $1.23 | ($0.65) | $1.54 |
| Diluted EPS | $1.45 | $1.34 | $1.23 | ($0.65) | $1.53 |
| Revenue Per Share | $6.95 | $6.79 | $6.71 | $6.11 | $6.59 |
| Shares | |||||
| Basic Shares Outstanding | 112.8M | 112.5M | 112.3M | 112.2M | 112.1M |
| Diluted Shares Outstanding | 113.6M | 113.3M | 112.9M | 112.2M | 112.6M |
| Profitability Metrics | |||||
| EBITDA | 426.1M | 409.0M | 384.0M | 150.3M | 354.5M |
| D&A | 167.9M | 161.8M | 156.0M | 149.0M | 143.6M |
| EBIT | 258.2M | 247.1M | 228.0M | 1.3M | 210.9M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026