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COPT Defense Properties CDP Decrease in noncontrolling interests and increase in shareholders’ equity in connection with the conversion of common units into common shares

Decrease in noncontrolling interests and increase in shareholders’ equity in connection with the conversion of common units into common shares at other companies

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Other financials

Income statement

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Revenue$200.6M+6.8%
Net income$40.1M+10.8%
EPS (diluted)$0.34+9.7%

Balance sheet

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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

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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$3.8B+12.7%
Enterprise value$6.36B+9.4%
P/E23.3×+0.2×
P/S4.9×+0.4×

Profitability

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Gross margin78.3%
Operating margin22.6%
Net margin21%+1.5pp
FCF margin40.4%-0.6pp

Returns & leverage

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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 cdp:EquityChangeStockIssuedDuringPeriodValueConversionOfUnits.

The official record: COPT Defense Properties’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is COPT Defense Properties's decrease in noncontrolling interests and increase in shareholders’ equity in connection with the conversion of common units into common shares?
COPT Defense Properties (CDP) reported decrease in noncontrolling interests and increase in shareholders’ equity in connection with the conversion of common units into common shares of $0 in Q1 2026.
How has COPT Defense Properties's decrease in noncontrolling interests and increase in shareholders’ equity in connection with the conversion of common units into common shares changed year-over-year?
COPT Defense Properties's decrease in noncontrolling interests and increase in shareholders’ equity in connection with the conversion of common units into common shares decreased by 100.0% year-over-year, from $156K to $0.
What does decrease in noncontrolling interests and increase in shareholders’ equity in connection with the conversion of common units into common shares mean?
This represents the non-cash movement between noncontrolling interests and shareholders' equity resulting from the conversion of partnership units into common shares. It indicates the dilution or consolidation of ownership interests within the corporate structure. This metric is essential for understanding changes in the capital structure and the alignment of minority partners with common shareholders.