COPT Defense Properties (CDP)

NYSE: CDP · USD

$33.4

-0.49 (-1.4%)· Recorded snapshot

Market cap	3.9B
Revenue (ttm)	788.1M
Net income (ttm)	163.5M
EPS (ttm)	$1.44
Shares out	115.3M
P/E (trailing)	23.3x
P/E (forward)	22.7x
Dividend	$1.28 (3.84%)
Volume	468,163
Beta	0.79

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 788.1M
Net income (ttm): 163.5M
EPS (ttm): $1.44
P/E (trailing): 23.3x
P/E (forward): 22.7x
Market cap: 3.9B

Ticker	Name	Market cap	P/E	P/S	ROIC	5Y rev CAGR	1Y total return	Rating
AMT	American Tower Corporation	85.1B	25.8x	7.5x	7.8%	+4.0%	+0.7%	비중 축소
ARE	Alexandria Real Estate Equities Inc.	6.9B	—	2.4x	0.9%	+6.6%	-45.8%	보유
CCI	Crown Castle Inc.	37.4B	46.3x	9.1x	5.1%	-7.9%	-6.2%	매도

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-28 19:55 UTC

Forward P/E22.7

P25 11.8P50 26.8P75 44.2

Trailing P/E23.3

P25 14P50 22.5P75 42.8

ROE10.8

P25 -2P50 3.9P75 8.9

ROIC5.7

P25 0.5P50 2.5P75 4.8

Benchmarks · 1M

All CDP indicators

Market & fundamental data

Available fields

268

Groups with data

Currency

USD

Showing 268 of 268 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	USD
CIK code	0000860546
Company name	COPT Defense Properties
Country	United States
Country code	US
CUSIP number	22002T108
Earnings date	2026-10-29
Earnings time	amc
Employees	430
Employees change	3
Employees growth	0.7%
Enterprise value	$6.5B
Exchange	NYSE
Financial currency	USD
Financial report date	2026-06-30
First seen	2026-05-09
Fiscal year end	December
Founded	1988
In index	RUSSELL2000
Industry	REIT - Office
Is primary listing	Yes
Is SPAC	No
ISIN number	US22002T1088
Last 10-K release date	2026-02-20
Last earnings date	2026-07-27
Last refreshed	2026-10-28
Last stock split type	Never
Market cap	$3.9B
Market cap category	Mid-Cap
Next earnings date	2026-10-29
Options	Yes
Price	$33.44
Price currency	USD
Sector	Real Estate
SIC code	6798
Stock price date	2026-10-28
Symbol	CDP
U.S. state	Maryland
Website	https://www.copt.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Adjusted P/E ratio	23.56x
Average P/E ratio (10Y)	43.05x
Average P/E ratio (3Y)	22.93x
Average P/E ratio (5Y)	22.15x
Earnings yield	4.29%
EV/Earnings	39.65x
EV/EBIT	26.84x
EV/EBITDA	15.77x
EV/FCF	28.88x
EV/Sales	8.23x
FCF / EV yield	3.46%
FCF yield	5.8%
Forward EV/Sales	8.18x
Forward P/E	22.66x
Forward P/S	4.89x
Graham number	20.91129
Graham upside	-37.69%
Industry forward P/E	241.51x
Lynch fair value	$20.03
Lynch upside	-40.31%
P/(FCF - SBC) ratio	18.26x
P/(OCF - SBC) ratio	11.91x
P/B ratio	2.51x
P/E ratio	23.29x
P/FCF ratio	17.24x
P/FFO ratio	12.04x
P/OCF ratio	11.47x
P/S ratio	4.91x
Price / tangible book value	2.53x
Price/EBITDA ratio	9.41x
Sector forward P/E	29.99x
Sector P/E	40.99x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT margin	30.65%
EBITDA margin	52.17%
Effective tax rate	0.51%
FCF margin	28.48%
Gross margin	58.26%
Operating margin	30.65%
Pretax margin	21.92%
Profit margin	20.84%
Profit per employee	$380,263
Profitable quarters	11
Profitable years	2
Revenue per employee	$1.8M
ROA	3.43%
ROA (5Y)	2.88%
ROCE	5.56%
ROE	10.82%
ROE (5Y)	5.64%
ROIC	5.71%
ROIC (5Y)	4.89%
SBC / revenue	1.58%
Tax / revenue	0.11%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth	12.86%
EPS growth (Q)	19.21%
EPS growth (QoQ)	19.85%
EPS growth 10Y	3.74%
EPS growth 3Y	-5.18%
EPS growth 5Y	13.61%
EPS growth quarters	9
EPS growth years	2
Net income growth	13.81%
Net income growth (Q)	21.1%
Net income growth (QoQ)	20.47%
Net income growth 3Y	-4.85%
Net income growth 5Y	13.95%
Net income growth quarters	9
Net income growth years	2
OCF growth	3.48%
OCF growth (Q)	3.6%
OCF growth (QoQ)	-5.55%
OCF growth 10Y	5.08%
OCF growth 3Y	7.98%
OCF growth 5Y	7.06%
Revenue growth	4.87%
Revenue growth (Q)	3.95%
Revenue growth (QoQ)	-2.11%
Revenue growth 10Y	3.04%
Revenue growth 3Y	4.28%
Revenue growth 5Y	5.44%
Revenue growth quarters	3
Revenue growth years	2

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	$-272.9M
Depreciation and amortization	$167.9M
EBIT	$241.6M
EBITDA	$411.2M
EPS	$1.44
FCF per share	$1.95
Financing cash flow	$-10M
Free cash flow	$224.5M
Free cash flow minus SBC	$212M
Funds from operations (FFO)	$323.4M
Gross profit	$459.1M
Income taxes	$885,000
Investing cash flow	$-326.7M
Net cash flow	$774,000
Net income	$163.5M
Operating cash flow minus SBC	$325M
Operating income	$241.6M
Revenue	$788.1M
Stock-based compensation	$12.5M

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Book value per share	$13.54
Debt / EBITDA	6.27
Debt / equity	1.64
Debt / FCF	11.74
Interest coverage	2.58
Net cash (debt)	$-2.6B
Net cash / market cap	-67.48%
Net debt / EBITDA	6.35
Net debt / equity	1.63
Net debt / FCF	11.64
Piotroski F-Score	5
Property, plant and equipment	$3.9B
Shareholders' equity	$1.6B
Tangible book value	$1.5B
Tangible book value per share	$13.54
Total assets	$4.5B
Total cash	$24.2M
Total debt	$2.6B
Total liabilities	$2.9B
WACC	6.53%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.18
Current ratio	2.59
Net working capital	$256.9M
Quick ratio	2.09
Working capital	$266.7M

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	-0.81%
Dividend growth	4.55%
Dividend growth (10Y)	1.41%
Dividend growth (3Y)	3.83%
Dividend growth (5Y)	2.83%
Dividend growth years	3
Dividend payment date	2026-10-15
Dividend payment years	35
Dividend payout frequency	Quarterly
Dividend per share	$1.28
Dividend yield	3.84%
Ex-dividend date	2026-09-30
FCF payout ratio	65.77%
Last dividend	$0.32
Payout ratio	89.17%
Shareholder yield	3.01%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y price change	24.27%
10Y return CAGR	6.55%
10Y total return	88.59%
150-day SMA	$34.24
15Y price change	30.78%
15Y return CAGR	6.28%
15Y total return	149.19%
1D price change	-1.44%
1M price change	-1.3%
1M total return	-0.37%
1W price change	1.06%
1W total return	1.06%
1Y price change	18.29%
1Y return CAGR	23.06%
1Y total return	23.04%
20-day SMA	$33.47
200-day SMA	$33.55
20Y price change	-31.14%
20Y return CAGR	2.46%
20Y total return	62.63%
3M price change	-12.62%
3M total return	-11.8%
3Y price change	45.65%
3Y return CAGR	18.26%
3Y total return	65.41%
50-day SMA	$34.61
50-day SMA vs 200-day SMA	50over200
52-week high	$38.90
52-week high date	2026-07-29
52-week low	$27.06
52-week low date	2026-01-05
5Y price change	22.76%
5Y return CAGR	8.79%
5Y total return	52.34%
6M price change	3.47%
6M total return	5.36%
All-time high	$56.45
All-time high date	2007-02-08
All-time low	$4.50
All-time low date	1997-03-27
Average true range (ATR)	$0.62
Average volume	703.4K
Beta (1Y)	0.01
Beta (2Y)	0.27
Beta (5Y)	0.79
Change from 52-week high	-14.04%
Change from 52-week low	23.6%
Change from all-time high	-40.76%
Change from all-time low	643.11%
Change from open	-0.56%
Day's gap	-0.88%
Dollar volume	$15.7M
High price	$33.69
Low price	$33.36
Monthly RSI	56.53
Open price	$33.63
Position in 52-week range	24.24%
Premarket change	-0.68%
Premarket close	$33.93
Premarket price	$33.70
Previous close	$33.93
Price vs 150-day SMA	-2.35%
Price vs 20-day SMA	-0.1%
Price vs 200-day SMA	-0.33%
Price vs 50-day SMA	-3.37%
Relative volume	0.67
RSI	44.55
Sharpe ratio	1.01
Sharpe ratio (3Y)	0.73
Sharpe ratio (5Y)	0.27
Sortino ratio	1.98
Sortino ratio (3Y)	1.41
Sortino ratio (5Y)	0.65
Volume	468.2K
Weekly RSI	45.81
YTD price change	20.29%
YTD total return	23.77%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	112.1M
Float percentage	97.17%
Shares change (QoQ)	0.51%
Shares change (YoY)	0.81%
Shares held by insiders	0.31%
Shares held by institutions	113.64%
Shares outstanding	115.3M
Short % of float	7.72%
Short % of shares	7.5%
Short ratio	8.8 days

Deeper analysis on CDP

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

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Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

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Sensitivity

Cost-of-equity and terminal-growth stress table.

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Risks

Kill scenarios, soft-pass flags, and downside catalysts.

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Earnings

Next earnings setup and beat / inline / miss thresholds.

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Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

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Financials

Revenue, margins, cash flow, and balance-sheet context.

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Peers

Relative valuation and profitability against the cohort.

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Moat

Economic-profit evidence and competitive advantage risk.

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Industry cycle

Sector phase, capital cycle, and secular tailwinds.

→

Frequently asked questions

About this CDP report

Is a complete CDP research report available?

No complete published report is available for COPT Defense Properties (CDP) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

COPT Defense Properties (CDP)

Price

Financial snapshot

Fair-value bridge

Latest news · CDP

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All CDP indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on CDP

Frequently asked questions