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COPT Defense Properties CDP Defense/IT Portfolio — Area of Real Estate Property

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Other financials

Income statement

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Revenue$197.4M+3.9%
Net income$46.4M+15.6%
EPS (diluted)$0.40+17.6%

Balance sheet

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Cash & equivalents$24.2M+13.5%
Total debt$2.6B+6.0%
Total equity$1.6B+5.6%
Total assets$4.5B+5.3%

Cash flow

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Operating cash flow$96.4M+33.8%
CapEx$6.2M-10.1%
Free cash flow$90.2M+38.4%

Valuation

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Market cap$4.22B+32.2%
Enterprise value$6.83B+20.8%
P/E24.9×+3.6×
P/S5.4×+1.1×

Profitability

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Gross margin78.3%
Operating margin22.6%
Net margin21.6%+1.6pp
FCF margin40.4%-0.6pp

Returns & leverage

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Return on equity11%+1.0pp
Debt / equity1.7×0.0×

Where this comes from

Reported directly by COPT Defense Properties in its filing.

Tagged under the XBRL concept us-gaap:AreaOfRealEstateProperty.

The source filing: COPT Defense Properties’s 10-Q, filed May 6, 2026.

Filed
May 6, 2026, 4:15 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000860546-26-000029
  • 201 operating properties totaling 23.2 million square feet. We owned 24 of these properties totaling 4.3 million square feet through unconsolidated real estate joint ventures;
  • seven properties under development that will total approximately 1.0 million square feet upon completion; and
  • approximately 980 acres of land controlled that we believe could be developed into approximately 10.8 million square feet.

Item 1. Financial Statements

FAQ

What is COPT Defense Properties's defense/it portfolio — area of real estate property?
COPT Defense Properties (CDP) reported defense/it portfolio — area of real estate property of $23.2M in Q1 2026.
What does defense/it portfolio — area of real estate property mean?
The total leasable square footage of real estate assets within the Defense/IT portfolio segment. It serves as a primary measure of the physical capacity and operational scale of the portfolio dedicated to government and technology-focused clients.

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