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COPT Defense Properties CDP R2KR3K

Real Estate · REIT - Office · United States
https://www.copt.com
Company Profile ↓
$35.16
+30.58% 1Y
Mkt Cap$3.99B
P/E24.42
P/B2.74
Div. Yield3.36%
52W High$38.35
52W Low$26.49
Book Value$13.54
EPS (TTM)$1.44

Company Overview

COPT Defense Properties, an S&P MidCap 400 Company, is a self-managed REIT focused on owning, operating and developing properties in locations proximate to, or sometimes containing, key U.S. Government defense installations and missions (referred to as its Defense/IT Portfolio). The Company's tenants include the USG and their defense contractors, who are primarily engaged in priority national security activities, and who generally require mission-critical and high security property enhancements. As of June 30, 2026, the Company's Defense/IT Portfolio of 202 properties, including 24 owned through unconsolidated joint ventures, encompassed 23.3 million square feet and was 96.4% leased. COPT Defense Properties was incorporated in 1988 and is based in Columbia, United States.

Why Investors Should Care

Healthy Margins

Maintains a net profit margin of 20.8%.

Dividend Income

Offers a dividend yield of 3.36%.

Positive Free Cash Flow

Generates positive free cash flow, funding growth and shareholder returns internally.

Recent Developments

  • Dec 2025 Revenue of $42.07M (-44.3% YoY); net profit $151.69M.
  • Trailing 12 Months Year-on-year growth — revenue +3.9%, earnings +19.2%.
  • 5-Year Trend Long-term compounding — revenue CAGR -14.3%, profit CAGR 7.1%.

Growth & Price Performance

Compounded Sales Growth

5 Years:-14.35%
1 Year:3.90%

Compounded Profit Growth

5 Years:7.13%
1 Year:19.20%

Stock Price Performance

1 Year:+30.58%
6 Months:+11.83%
3 Months:+8.64%
1 Month:-5.51%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

Technical Snapshot Mixed
52-Week Range 73% of range
$26.49 $38.35
Trend Signals
  • Price vs 50-DMABelow
  • Price vs 200-DMAAbove
  • RSI (14)29.77 · Oversold
Price Performance
1M-5.51%
3M+8.64%
6M+11.83%
1Y+30.58%
Valuation vs Sector

P/E of 24.42 is above the sector median of 24.38 — pricier than peers.

Auto-generated from price history and fundamentals; not investment advice.

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Price Chart

Robinhood TradingView

Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

  • Excellent profit margin of 20.8%.
  • Attractive dividend yield of 3.36%.
  • Generates positive free cash flow.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

  • Revenue declined at -14.3% CAGR over 5 years.

* The pros and cons are auto-generated from financial metrics.

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Valuation

Stock P/E
24.42
Industry PE
24.38
Forward P/E
24.08
PEG Ratio
1.02
Book Value
$13.54
Price to Book
2.74
P/S
5.46
EV/EBITDA
16.74
Dividend Yield
3.36%

Growth (CAGR)

Revenue 5Y
-14.35%
Profit 5Y
7.13%
Revenue (YoY)
3.90%
Earnings (YoY)
19.20%

Profitability & Returns

ROCE
-
ROE
10.82%
ROA
3.43%
Profit Margin
20.84%
Op Margin
32.17%
Gross Margin
58.26%
EPS (Latest Qtr)
$0.40
EPS (TTM)
$1.44

Balance Sheet & Liquidity

Debt/Equity
1.64
Quick Ratio
2.09
Current Ratio
2.59
Debt
$2.64B
Total Assets
$4.52B
Current Assets
-
Working Capital
-

Ownership

Promoter Holding
0.25%
Chg in Prom Hold
-
FII / Inst Holding
117.56%
Chg in FII Hold
0.01%

Financial Snapshot

Enterprise Value
$3.99B
Total Revenue (TTM)
$788.06M
EBITDA
$411.17M
Free Cash Flow
$257.29M
Operating Cash Flow
$337.44M
Shares Outstanding
113.41M
Gross Margin
58.26%
Payout Ratio
86.81%

Peer comparison

Peer companies in the same sector (Real Estate).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 CDP COPT Defense Properties R2KR3K 35.16 24.42 $3.99B 3.36% - 10.82% -14.35% 7.13%
2 WELL Welltower Inc. SPXR3K 236.17 106.38 $170.18B 1.44% 0.54% 3.84% 22.26% 11.10%
3 PLD Prologis, Inc. SPXR3K 137.34 30.59 $130.52B 3.08% - 7.75% 16.83% 39.42%
4 EQIX Equinix, Inc. SPXR3K 1,035.98 66.49 $102.22B 1.96% 5.42% 10.73% 17.43% 17.11%
5 AMT American Tower Corporation SPXR3K 175.85 28.36 $81.94B 4.08% 8.76% 33.91% 12.41% 25.08%
6 DLR Digital Realty Trust, Inc. SPXR3K 188.39 241.53 $69.71B 2.44% - 2.91% 15.18% 18.41%
7 SPG Simon Property Group, Inc. SPXR3K 209.44 14.57 $67.92B 3.97% - 113.59% 3.14% 14.02%
8 O Realty Income Corporation SPXR3K 61.25 44.71 $57.95B 5.21% - 3.23% 24.73% 13.04%
9 PSA Public Storage SPXR3K 302.01 28.74 $56.40B 3.67% - 21.93% 5.67% 7.85%
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Quarterly Results

Figures in USD.

Metric Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Mar 2023Jun 2023Sep 2023Mar 2024Jun 2024Sep 2024Mar 2025Jun 2025Sep 2025Mar 2026Jun 2026
Revenue --------29.79M-27.20M17.58M8.42M-16.95M42.30M28.70M-13.68M12.24M20.32M-16.56M19.99M28.05M-53.20M42.56M34.81M15.82M14.24M11.95M26.60M20.26M16.66M10.26M12.46M8.48M6.04M6.77M
Operating Income 31.99M20.05M30.46M-27.02M11.53M37.44M35.43M36.62M38.94M24.85M35.89M38.30M37.35M---------------------------
Net Income 89.80M59.36M6.83M-47.42M27.30M24.73M21.02M17.53M20.58M9.62M17.15M19.43M18.70M17.02M20.86M106.79M21.26M-24.05M23.50M-31.84M81.67M-6.67M42.40M27.10M13.71M--------------
Diluted EPS 0.910.590.03-0.540.250.220.180.080.210.100.170.190.180.160.190.950.190.380.210.21-0.290.73-0.060.380.240.120.520.290.270.700.27-1.940.290.310.320.310.340.370.340.40

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue 585.14M737.63M492.23M492.96M508.13M523.36M586.47M625.47M48.36M102.84M60.86M113.76M70.64M107.88M154.63M60.18M75.55M42.07M
Operating Income 132.93M130.33M110.51M30.30M89.07M141.91M131.61M120.09M52.41M135.84M--------
Net Income 53.97M56.33M42.76M-119.43M20.98M93.71M40.26M178.30M28.89M68.75M72.30M191.69M97.37M---74.67M138.42M151.69M
Diluted EPS 0.760.700.43-1.97-0.030.830.251.740.150.560.691.710.870.681.53-0.671.231.34

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2007Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets --3.38B3.84B3.86B3.65B3.63B3.66B3.91B3.78B3.60B3.66B3.85B4.08B4.26B4.26B4.25B4.25B4.70B
Total Equity 969.48M1.08B1.03B1.23B1.13B1.37B1.43B1.45B1.54B1.52B1.40B1.59B1.68B1.66B1.62B1.68B1.48B1.49B1.51B
Cash & Equivalents 24.64M6.78M8.26M10.10M5.56M10.59M54.37M6.08M60.31M209.86M12.26M8.07M14.73M18.37M13.26M12.34M167.82M38.28M274.99M
Long Term Debt --2.05B2.32B2.43B2.02B1.93B1.91B2.08B1.90B1.83B1.82B1.83B2.09B2.27B2.23B2.42B2.39B2.77B
Total Liabilities --2.26B2.52B2.65B2.21B2.11B2.12B2.27B2.16B2.10B2.00B2.11B2.36B2.58B2.51B2.70B2.69B3.11B

Cash Flows (Annual)

Figures in USD.

Metric Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow 180.89M194.82M156.44M152.14M191.84M158.98M193.88M204.01M234.27M230.12M180.48M228.56M238.42M249.15M265.82M276.27M330.95M309.93M
Investing Cash Flow -290.82M-349.08M-479.17M-260.39M13.74M-119.79M-209.69M-307.53M71.17M-89.36M-232.92M-138.01M-325.79M-202.97M-83.46M-169.62M-291.01M-289.74M
Financing Cash Flow 92.07M155.75M324.57M103.70M-200.55M4.59M-32.49M157.76M-155.09M-338.55M49.55M-84.36M91.27M-50.90M-183.18M46.26M-169.67M216.54M
Share Buybacks 1.32M2.05M3.91M3.99M3.38M2.00M1.55M2.46M2.47M1.97M1.70M2.06M------

Ratios (Annual)

Figures in %.

Metric Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % ------------------
Operating Margin % 22.7%17.7%22.5%6.1%17.5%27.1%22.4%19.2%108.4%132.1%--------
Net Margin % 9.2%7.6%8.7%-24.2%4.1%17.9%6.9%28.5%59.7%66.8%118.8%168.5%137.8%---124.1%183.2%360.5%
ROE % 5.0%5.5%3.5%-10.5%1.5%6.6%2.8%11.5%1.9%4.9%4.6%11.4%5.9%---5.0%9.3%10.0%
ROCE % ------------------

Shareholding Pattern

Insiders
0.25%
Institutions
117.56%
Public Float
117.85%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 17.56% 19.92M $728.71M
2 Vanguard Portfolio Management LLC 10.65% 12.08M $441.90M
3 Alliancebernstein L.P. 7.83% 8.88M $324.93M
4 State Street Corporation 6.06% 6.87M $251.41M
5 JPMORGAN CHASE & CO 5.36% 6.08M $222.47M
6 Vanguard Capital Management LLC 4.49% 5.10M $186.46M
7 Earnest Partners LLC 3.90% 4.42M $161.76M
8 Geode Capital Management, LLC 3.06% 3.47M $126.79M
9 Channing Capital Management, LLC 2.55% 2.89M $105.82M
10 Westwood Holdings Group Inc. 2.50% 2.84M $103.94M

Analyst View

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Latest News

Recent headlines for CDP

Google News Sun, 06 Sep 2026

COPT Defense Properties $CDP Shares Sold by Wellington Management Group LLP - marketbeat.com

<a href="https://news.google.com/rss/articles/CBMi0AFBVV95cUxPUk9WZTMxZWFDdnhLdHhoQ0tFb3hLUWlKUE5ocEg1UkxKR3cyQ05oMHJRVjFDem5BdE11Qm52SkxhUlFLOTVsZUs1aEV6OHRaQlFYVzJXTkVMWXQ4SzlEVjBiVDlYc0RDQm8wT1JyR1U3RnRYbnRzS3VBakFteENscF80anQzN1g4ekUxdF…

Google News Wed, 29 Jul 2026

COPT Defense Properties (CDP) Beat Expectations And Raised Guidance, Is The Stock Fully Priced? - Yahoo Finance

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Google News Sat, 05 Sep 2026

Behavioral Patterns of CDP and Institutional Flows - Stock Traders Daily

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Google News Mon, 07 Sep 2026

Best online brokerage & trading platform in Singapore [September 2026] - Beansprout

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Google News Wed, 29 Jul 2026

COPT Defense Properties (CDP) Stock Sees Muted Reaction To Record FFO - simplywall.st

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Google News hu, 27 Aug 2026

Carindale Property Trust (ASX:CDP) Shares Highlight Cheap Valuation And FFO Gap - webull.com

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CDP — Frequently Asked Questions

What is the current share price of COPT Defense Properties (CDP)?

As of 2026-09-07 16:24 PDT, COPT Defense Properties (CDP) trades at $35.16 on NYSE. Its 52-week range is $26.49 to $38.35.

What is the market capitalisation of CDP?

COPT Defense Properties (CDP) has a market capitalisation of $3.99B on NYSE.

What is the P/E ratio of CDP?

CDP trades at a trailing price-to-earnings (P/E) ratio of 24.42. The industry average P/E is 24.38. Its price-to-book (P/B) ratio is 2.74.

Does CDP pay a dividend?

COPT Defense Properties (CDP) currently offers a dividend yield of 3.36%.

What is the return on equity (ROE) of CDP?

CDP has a return on equity (ROE) of 10.82%.

Is CDP a good stock to buy?

This page provides a data-driven analysis of COPT Defense Properties (CDP), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

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