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Discontinued — last reported Q2 '26

Net debt at other companies

Cloudflare, Inc. logo
Cloudflare, Inc.NET
-5×-5.4×
Zscaler logo
ZscalerZS
19.2×+12.3×
Citigroup logo
CitigroupC
0.1×-0.3×
Morgan Stanley logo
Morgan StanleyMS
-0.2×
Wells Fargo & Company logo
Wells Fargo & CompanyWFC
0.6×-1.3×
American Express logo
American ExpressAXP
0.3×+0.3×

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.

The source filing: COPT Defense Properties’s 8-K, filed July 27, 2026. Open the filing →

Filed
Jul 27, 2026, 4:22 PM EDT
Accession
0000860546-26-000034

FAQ

What is COPT Defense Properties's net debt?
COPT Defense Properties (CDP) reported net debt of $2.61B in Q2 2026.
How has COPT Defense Properties's net debt changed year-over-year?
COPT Defense Properties's net debt increased by 5.9% year-over-year, from $2.47B to $2.61B.
What is the long-term trend for COPT Defense Properties's net debt?
Over 5 years (2020 to 2025), COPT Defense Properties's net debt has grown at a 3.9% compound annual growth rate (CAGR), from $2.1B to $2.54B.
What does net debt mean?
Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.

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