What does operating income mean?

Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

COPT Defense Properties CDP Operating Income

Discontinued — last reported Q3 '18

Operating Income at other companies

Equinix, Inc.EQIX

$577M+26.0%

Digital RealtyDLR

$112.62M-22.0%

Science Applications International CorporationSAIC

$179M+47.9%

American TowerAMT

$1.24B-1.2%

Parsons CorporationPSN

$95.67M-12.4%

Booz Allen HamiltonBAH

$263M-4.4%

Segments

By segment

See full

Defense/IT Portfolio$105.42M—

Other$8.15M-13.9%

Other financials

Income statement

See full

Revenue$200.6M+6.8%

Net income$40.1M+10.8%

EPS (diluted)$0.34+9.7%

Balance sheet

See full

Cash & equivalents$28.6M+17.7%

Total debt$2.6B+5.3%

Total equity$1.5B+1.6%

Total assets$4.5B+4.9%

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$3.8B+12.7%

Enterprise value$6.36B+9.4%

P/E23.3×+0.2×

P/S4.9×+0.4×

Profitability

See full

Gross margin78.3%—

Operating margin22.6%—

Net margin21%+1.5pp

FCF margin40.4%-0.6pp

Returns & leverage

See full

Return on equity10.9%+1.0pp

Debt / equity1.7×+0.1×

Where this comes from

Reported directly by COPT Defense Properties in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The official record: COPT Defense Properties’s 10-Q, filed November 8, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does operating income mean?: Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.