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COPT Defense Properties CDP Other — Cost of Other Property Operating Expense

Other segment segments

Defense/IT Portfolio
$69.99M+10.5%

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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:CostOfOtherPropertyOperatingExpense.

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
Three Months Ended March 31, 2026Defense/IT Portfolio / Fort Meade/BW CorridorDefense/IT Portfolio / Redstone ArsenalDefense/IT Portfolio / No VA Defense/ITDefense/IT Portfolio / Lackland Air Force BaseDefense/IT Portfolio / Navy SupportDefense/IT Portfolio / Data Center ShellsDefense/IT Portfolio / Total Defense/IT PortfolioOtherTotal
Revenues from real estate operations$87,533$20,645$24,816$18,354$8,992$14,665$175,005$19,591$194,596
Other segment items
Property operating expenses(36,480)(7,249)(10,356)(8,998)(4,359)(2,549)(69,991)(11,444)(81,435)
UJV NOI allocable to COPT Defense2,0562,0562,056
Total other segment items(36,480)(7,249)(10,356)(8,998)(4,359)(493)(67,935)(11,444)(79,379)
NOI from real estate operations$51,053$13,396$14,460$9,356$4,633$14,172$107,070$8,147$115,217
Additions to long-lived assets$7,646$882$2,003$(56)$1,679$12,154$6,601$18,755
Transfers from non-operating properties$116$2,909$5$15,556$18,586$388$18,974

Item 1. Financial Statements

FAQ

What is COPT Defense Properties's other — cost of other property operating expense?
COPT Defense Properties (CDP) reported other — cost of other property operating expense of $11.44M in Q1 2026.
How has COPT Defense Properties's other — cost of other property operating expense changed year-over-year?
COPT Defense Properties's other — cost of other property operating expense increased by 31.4% year-over-year, from $8.71M to $11.44M.
What is the long-term trend for COPT Defense Properties's other — cost of other property operating expense?
Over 3 years (2022 to 2025), COPT Defense Properties's other — cost of other property operating expense has grown at a 1.4% compound annual growth rate (CAGR), from $37.77M to $39.36M.
What does other — cost of other property operating expense mean?
Captures the direct operating costs associated with maintaining and managing properties within the 'Other' segment. It includes expenses such as utilities, maintenance, property taxes, and insurance necessary to sustain segment operations.

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