COPT Defense Properties (CDP) — Financial statements
Income statement, balance sheet, and cash flow for COPT Defense Properties — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 764↑1.4% | 753↑10.0% | 685↓7.3% | 739↑11.2% | 664 | |
| Cost of Revenue | 646↑31.1% | 493↑8.6% | 454↓12.5% | 519↑14.0% | 455 | |
| Gross Profit | 118↓54.7% | 260↑12.6% | 231↑4.9% | 220↑5.2% | 209 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 33↓30.3% | 47↑10.0% | 43↑9.7% | 39↓4.4% | 41 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 33↓30.3% | 47↑10.0% | 43↑9.7% | 39↓4.4% | 41 | |
| Other Expenses | -145 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | -113↓339.2% | 47↑10.0% | 43↑9.7% | 39↓4.4% | 41 | |
| Total Costs & Expenses | 534↓1.2% | 540↑8.7% | 497↓11.0% | 558↑12.5% | 496 | |
| Operating Results | ||||||
| Operating Income | 230↑8.0% | 213↑13.2% | 188↑3.9% | 181↑7.5% | 169 | |
| Depreciation & Amortization | 162↑3.7% | 156↑4.7% | 149↑3.8% | 144↓4.7% | 151 | |
| EBITDA | 409↑10.6% | 370↑146.0% | 150↓57.6% | 354↑20.4% | 294 | |
| EBIT | 247↑15.6% | 214↑16557.8% | 1↓99.4% | 211↑46.7% | 144 | |
| Interest & Other Income | ||||||
| Net Interest Income | -76↓13.8% | -67↓19.3% | -56↓8.0% | -52↑8.1% | -56 | |
| Interest Income | 12↓28.4% | 17↑3.1% | 16↑76.5% | 9↑3.7% | 9 | |
| Interest Expense | 88↑5.2% | 84↑15.6% | 72↑18.5% | 61↓6.5% | 65 | |
| Non-Operating Income | -17 | 0.00↓100.0% | 187↑735.5% | -29↓218.1% | 25 | |
| Other Income / Expenses | -70↓1.1% | -69↑73.7% | -262↓726.7% | -32↑64.9% | -90 | |
| Income Before Tax | 160↑11.3% | 144↑295.5% | -74↓149.3% | 150↑91.0% | 78 | |
| Income Tax Expense | 0.95↑228.8% | 0.29↓51.0% | 0.59↑31.5% | 0.45↑208.3% | 0.15 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 160↑10.8% | 144↑293.6% | -74↓149.8% | 149↑90.8% | 78 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00↓100.0% | 30↑780.7% | 3 | |
| Net Income | 152↑9.6% | 139↑289.1% | -73↓142.5% | 173↑126.1% | 77 | |
| Bottom-Line Net Income | 152↑9.6% | 139↑289.1% | -73↓142.5% | 173↑126.1% | 77 | |
| EPS (Basic) | 1.35↑9.8% | 1.23↑289.2% | -0.65↓142.2% | 1.54↑126.5% | 0.68 | |
| EPS (Diluted) | 1.34↑8.9% | 1.23↑289.2% | -0.65↓142.5% | 1.53↑125.0% | 0.68 | |
| Weighted Average Shares | 113↑0.2% | 112↑0.1% | 112↑0.1% | 112↑0.1% | 112 | |
| Weighted Average Diluted Shares | 113↑0.4% | 113↑0.6% | 112↓0.4% | 113↑0.2% | 112 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.