COPT Defense Properties
Research COPT Defense Properties (CDP) on Bullrun: market cap USD 4.26B, P/E 26.2, dividend yield 3.4%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerCDP
- ExchangeNYSE
- CountryUnited States
- SectorReal Estate
- IndustryREIT-Office
- CurrencyUSD
- Market capUSD 4.26B
- P/E26.2
- Dividend yield3.4%
- Financial periodQ2 2026
- RevenueUSD 197.39M
- Net incomeUSD 46.44M
- Free cash flowUSD 89.00M
- Gross margin38.8%
Valuation Snapshot
latest market cap is USD 4.26B; P/E is 26.2; dividend yield is 3.4%.
Peer valuation comparison
Latest P/E is 26.16x versus a Real Estate sector median of 14.84x (76.4% above).
Latest dividend yield is 3.37% versus a Real Estate sector median of 4.71% (28.4% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 42.07M | USD 159.53M | n/a | n/a | 1.34 | USD 274.99M | USD 2.77B | USD 1.51B |
| FY2024 | USD 75.55M | USD 143.94M | USD 299.61M | 344.6% | 1.23 | USD 38.28M | USD 2.39B | USD 1.49B |
| FY2023 | USD 60.18M | -USD 74.35M | n/a | n/a | -0.67 | USD 167.82M | USD 2.42B | USD 1.48B |
| FY2022 | USD 154.63M | USD 178.82M | n/a | n/a | 1.53 | USD 12.34M | USD 2.23B | USD 1.68B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-08-25 | USD 4.26B | 26.2 | 3.3% | 1.26 |
| 2025 | 2025-12-31 | USD 3.15B | 20.7 | 4.5% | 1.24 |
| 2024 | 2024-12-31 | USD 3.49B | 25.4 | 3.9% | 1.2 |
| 2023 | 2023-12-29 | USD 2.88B | n/a | 4.5% | 1.16 |
| 2022 | 2022-12-30 | USD 2.92B | 27.3 | 5.4% | 1.4 |
| 2021 | 2021-12-31 | USD 3.14B | 41.7 | 4.0% | 1.12 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 1.26 USD, yield 3.4%.
| Year | Dividends/share |
|---|---|
| FY2025 | 1.22 USD |
| FY2024 | 1.18 USD |
| FY2023 | 1.14 USD |
| FY2022 | 1.1 USD |
About COPT Defense Properties
COPT Defense Properties, an S&P MidCap 400 Company, is a self-managed REIT focused on owning, operating and developing properties in locations proximate to, or sometimes containing, key U.S. Government defense installations and missions (referred to as its Defense/IT Portfolio). The Company's tenants include the USG and their defense contractors, who are primarily engaged in priority national security activities, and who generally require mission-critical and high security property enhancements.
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Frequently asked questions
What is COPT Defense Properties's market cap?
COPT Defense Properties's market capitalization is USD 4.26B.
What is COPT Defense Properties's P/E ratio?
COPT Defense Properties's price-to-earnings (P/E) ratio is 26.2.
Does COPT Defense Properties pay a dividend?
COPT Defense Properties has a dividend yield of 3.4%.
What does COPT Defense Properties do?
COPT Defense Properties, an S&P MidCap 400 Company, is a self-managed REIT focused on owning, operating and developing properties in locations proximate to, or sometimes containing, key U.S. Government defense installations and missions (referred to as its Defense/IT Portfolio). The Company's tenants include the USG and their defense contractors, who are primarily engaged in priority national security activities, and who generally require mission-critical and high security property enhancements.