COPT Defense Properties financials
$34.28+1.54%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 |
|---|---|---|---|
| Revenue | $763.9M | $753.3M | $685.0M |
| Gross profit | $724.0M | $680.0M | $627.6M |
| Gross margin | 94.8% | 90.3% | 91.6% |
| Operating income | $230.4M | $213.3M | -$64.3M |
| Net income | $151.7M | $138.4M | -$74.7M |
| Net margin | 19.9% | 18.4% | −10.9% |
| Diluted EPS | $1.34 | $1.23 | $-0.67 |
| EBITDA | $394.1M | $369.3M | $339.9M |
| Operating cash flow | $309.9M | $331.0M | $276.3M |
| Free cash flow | $19.6M | $50.0M | -$76.2M |
| Diluted shares | 113.3M | 112.9M | 112.2M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|
| Cash & equivalents | $275.0M | $38.3M | $167.8M |
| Short-term investments | $0.00 | $0.00 | $0.00 |
| Total debt | $2.77B | $2.39B | $2.42B |
| Total assets | $4.70B | $4.25B | $4.25B |
| Total liabilities | $3.11B | $2.69B | $2.70B |
| Shareholders' equity | $1.56B | $1.54B | $1.51B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology