What is COPT Defense Properties's other — NOI?

COPT Defense Properties (CDP) reported other — NOI of $8.15M in Q1 2026.

How has COPT Defense Properties's other — NOI changed year-over-year?

COPT Defense Properties's other — NOI decreased by 13.9% year-over-year, from $9.46M to $8.15M.

What is the long-term trend for COPT Defense Properties's other — NOI?

Over 3 years (2022 to 2025), COPT Defense Properties's other — NOI has grown at a 4.9% compound annual growth rate (CAGR), from $30.86M to $35.58M.

What does other — NOI mean?

Calculated as the total revenue of the 'Other' segment minus its direct operating expenses. This is a key indicator of the core operational profitability of these assets before accounting for corporate overhead, interest, or taxes.

COPT Defense Properties (CDP) Other — NOI

Screener

Other segment segments

Defense/IT Portfolio

$111.39B—

Similar metrics at other companies

VTR

VTRNNN — NOI

$120.17M-21.2%

VTR

VTRSHOP — NOI

$374.46M+41.6%

PDMAtlanta — NOI

$29.72M+1.7%

PDMBoston — NOI

$6.2M-8.6%

PDMDallas — NOI

$16.16M+3.5%

PDMMinneapolis — NOI

$5.79M-5.6%

Other financials

Income statement

See full

Revenue$197.4M+3.9%

Net income$46.4M+15.6%

EPS (diluted)$0.40+17.6%

Balance sheet

See full

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

See full

Operating cash flow$96.4M+33.8%

CapEx$6.2M-10.1%

Free cash flow$90.2M+38.4%

Valuation

See full

Market cap$4.22B+32.2%

Enterprise value$6.83B+20.8%

P/E24.9×+3.6×

P/S5.4×+1.1×

Profitability

See full

Gross margin78.3%—

Operating margin22.6%—

Net margin21.6%+1.6pp

FCF margin40.4%-0.6pp

Returns & leverage

See full

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:OperatingIncomeLoss.

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, 2026	Defense/IT Portfolio / Fort Meade/BW Corridor	Defense/IT Portfolio / Redstone Arsenal	Defense/IT Portfolio / No VA Defense/IT	Defense/IT Portfolio / Lackland Air Force Base	Defense/IT Portfolio / Navy Support	Defense/IT Portfolio / Data Center Shells	Defense/IT Portfolio / Total Defense/IT Portfolio	Other	Total
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 Defense	—	—	—	—	—	2,056	2,056	—	2,056
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
Segment assets at March 31, 2026	$1,454,179	$613,080	$517,239	$193,465	$172,205	$590,649	$3,540,817	$327,328	$3,868,145
Three Months Ended March 31, 2025

Item 1. Financial Statements

FAQ

What is COPT Defense Properties's other — NOI?: COPT Defense Properties (CDP) reported other — NOI of $8.15M in Q1 2026.
How has COPT Defense Properties's other — NOI changed year-over-year?: COPT Defense Properties's other — NOI decreased by 13.9% year-over-year, from $9.46M to $8.15M.
What is the long-term trend for COPT Defense Properties's other — NOI?: Over 3 years (2022 to 2025), COPT Defense Properties's other — NOI has grown at a 4.9% compound annual growth rate (CAGR), from $30.86M to $35.58M.
What does other — NOI mean?: Calculated as the total revenue of the 'Other' segment minus its direct operating expenses. This is a key indicator of the core operational profitability of these assets before accounting for corporate overhead, interest, or taxes.