Copt Defense Properties, LLC | Mid-cap | Real Estate
$27.66
-1.36%
| Copt Defense Stock Comparison:
Copt Defense vs Alexandria RealCopt Defense vs Boston PropertiesCopt Defense vs Vornado Realty TrustCopt Defense vs Kilroy RealtyCopt Defense vs Cousins PropertiesCopt Defense vs S&P 500 | Market
TL;DR Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Mar 2025

Income Metrics

Revenue 187.9M
Gross Profit 66.8M 35.53%
Operating Income 54.6M 29.06%
Net Income 36.2M 19.28%
EPS (Diluted) $0.31

Balance Sheet Metrics

Total Assets 4.3B
Total Liabilities 2.7B
Shareholders Equity 1.6B
Debt to Equity 1.72

Cash Flow Metrics

Operating Cash Flow 72.4M
Free Cash Flow 65.1M

Revenue & Profitability Trend

Copt Defense Income Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Revenue i 753.3M 685.0M 739.0M 664.4M 582.4M
Cost of Goods Sold i 492.9M 453.8M 518.6M 455.0M 384.9M
Gross Profit i 260.4M 231.2M 220.4M 209.5M 197.4M
Gross Margin % i 34.6% 33.8% 29.8% 31.5% 33.9%
Operating Expenses
Research & Development i - - - - -
Selling, General & Administrative i 47.0M 42.8M 39.0M 40.8M 37.5M
Other Operating Expenses i - - - - -
Total Operating Expenses i 47.0M 42.8M 39.0M 40.8M 37.5M
Operating Income i 213.3M 188.5M 181.4M 168.7M 160.9M
Operating Margin % i 28.3% 27.5% 24.5% 25.4% 27.6%
Non-Operating Items
Interest Income i 17.0M 16.5M 9.1M 9.0M 8.6M
Interest Expense i 83.8M 72.5M 61.2M 65.4M 67.9M
Other Non-Operating Income 397.0K -203.7M 20.4M -33.9M -582.0K
Pre-tax Income i 144.2M -73.8M 149.7M 78.4M 101.0M
Income Tax i 288.0K 588.0K 447.0K 145.0K 353.0K
Effective Tax Rate % i 0.2% 0.0% 0.3% 0.2% 0.3%
Net Income i 143.9M -74.3M 178.8M 81.6M 102.9M
Net Margin % i 19.1% -10.9% 24.2% 12.3% 17.7%
Key Metrics
EBITDA i 384.0M 353.5M 335.8M 329.4M 311.3M
EPS (Basic) i $1.24 $-0.65 $1.54 $0.68 $0.87
EPS (Diluted) i $1.23 $-0.67 $1.53 $0.68 $0.87
Basic Shares Outstanding i 112296000 112178000 112073000 111788000 111788000
Diluted Shares Outstanding i 112296000 112178000 112073000 111788000 111788000

Income Statement Trend

Copt Defense Balance Sheet From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Assets
Current Assets
Cash & Equivalents i 38.3M 167.8M 12.3M 13.3M 18.4M
Short-term Investments i - - - - -
Accounts Receivable i 203.7M 198.2M 168.5M 149.7M 133.5M
Inventory i - - - - -
Other Current Assets 81.6M 82.0M 96.6M - -
Total Current Assets i 393.3M 529.6M 523.3M 465.9M 445.8M
Non-Current Assets
Property, Plant & Equipment i 0 0 0 0 0
Goodwill i - - 10.0M 14.6M 19.2M
Intangible Assets i - - 10.0M 14.6M 19.2M
Long-term Investments - - 2.6M 355.0K -
Other Non-Current Assets 135.3M 131.4M 119.1M 144.3M 111.0M
Total Non-Current Assets i 3.9B 3.7B 3.7B 3.8B 3.6B
Total Assets i 4.3B 4.2B 4.3B 4.3B 4.1B
Liabilities
Current Liabilities
Accounts Payable i 126.0M 133.3M 158.0M 186.2M 142.7M
Short-term Debt i 75.0M 75.0M 211.0M 76.0M 143.0M
Current Portion of Long-term Debt - - - - -
Other Current Liabilities - - - - -
Total Current Liabilities i 313.3M 305.4M 441.4M 335.1M 361.2M
Non-Current Liabilities
Long-term Debt i 2.4B 2.4B 2.0B 2.2B 2.0B
Deferred Tax Liabilities i - - - - -
Other Non-Current Liabilities 14.4M 19.0M 18.6M 17.7M 12.5M
Total Non-Current Liabilities i 2.4B 2.4B 2.1B 2.2B 2.0B
Total Liabilities i 2.7B 2.7B 2.5B 2.6B 2.4B
Equity
Common Stock i 1.1M 1.1M 1.1M 1.1M 1.1M
Retained Earnings i -1.0B -1.0B -807.5M -856.9M -809.8M
Treasury Stock i - - - - -
Other Equity - - - - -
Total Shareholders Equity i 1.6B 1.5B 1.7B 1.7B 1.7B
Key Metrics
Total Debt i 2.4B 2.5B 2.3B 2.3B 2.1B
Working Capital i 80.0M 224.1M 81.9M 130.8M 84.6M

Balance Sheet Composition

Copt Defense Cash Flow Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Operating Activities
Net Income i 143.9M -74.3M 178.8M 81.6M 102.9M
Depreciation & Amortization i 156.0M 151.4M 143.6M 150.6M 140.0M
Stock-Based Compensation i 10.4M 8.5M 8.8M 8.0M 6.5M
Working Capital Changes i 2.9M -8.0M -13.7M 20.2M -18.0K
Operating Cash Flow i 331.0M 72.9M 313.6M 241.5M 243.6M
Investing Activities
Capital Expenditures i - - - - -
Acquisitions i - - 0 0 59.8M
Investment Purchases i - - - - -
Investment Sales i - - - - -
Investing Cash Flow i -11.3M -7.8M -28.0M -28.0M 46.4M
Financing Activities
Share Repurchases i - - 0 0 -8.8M
Dividends Paid i -131.8M -127.2M -123.6M -123.5M -123.4M
Debt Issuance i 76.0M 627.4M 977.0M 1.4B 602.2M
Debt Repayment i -106.0M -446.0M -1.0B -1.9B -1.0B
Financing Cash Flow i -169.7M -89.7M -48.2M -714.9M -606.7M
Free Cash Flow i 299.6M 255.8M 229.4M 219.1M 205.7M
Net Change in Cash i 150.0M -24.6M 237.4M -501.4M -316.7M

Cash Flow Trend

Copt Defense Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 22.60
Forward P/E 21.91
Price to Book 2.16
Price to Sales 4.38
PEG Ratio 2.50

Profitability Ratios

Profit Margin 19.20%
Operating Margin 31.53%
Return on Equity 9.63%
Return on Assets 3.29%

Financial Health

Current Ratio 2.72
Debt to Equity 158.47
Beta 0.95

Per Share Data

EPS (TTM) $1.27
Book Value per Share $13.29
Revenue per Share $6.69

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
cdp 3.3B 22.60 2.16 9.63% 19.20% 158.47
Alexandria Real 13.6B 103.80 0.77 0.78% -0.33% 62.83
Boston Properties 11.6B 3,688.50 2.22 0.95% 0.15% 211.34
Vornado Realty Trust 8.4B 10.06 1.59 13.40% 46.29% 112.05
Kilroy Realty 4.9B 22.72 0.92 4.38% 19.29% 84.49
Cousins Properties 4.7B 76.09 0.99 1.31% 6.56% 73.46

Financial data is updated regularly. All figures are in the company's reporting currency.