Financials in USD. Standardized financial statements.
A compact view of how COPT Defense Properties turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $763.92M | $753.27M | $684.98M | $739.03M | $664.45M | $584.18M | $611.82M | $578.11M | $612.77M | $574.56M |
| Revenue Growth? | +1.4% | +10.0% | -7.3% | +11.2% | +13.7% | -4.5% | +5.8% | -5.7% | +6.7% | 0.0% |
| Cost of Revenue? | $646.07M | $492.91M | $453.75M | $518.62M | $454.97M | $258.41M | $420.42M | $394.59M | $422.99M | $374.09M |
| Gross Profit? | $117.85M | $260.36M | $231.23M | $220.41M | $209.47M | $325.77M | $191.40M | $183.52M | $189.79M | $200.47M |
| Gross Margin? | +15.4% | +34.6% | +33.8% | +29.8% | +31.5% | +55.8% | +31.3% | +31.7% | +31.0% | +34.9% |
| Operating Expenses? | -$112.52M | $47.04M | $42.77M | $38.99M | $40.77M | $35.81M | $39.97M | $34.74M | $37.05M | $146.19M |
| Operating Income? | $230.37M | $213.32M | $188.46M | $181.42M | $168.70M | $289.96M | $151.43M | $144.53M | $134.23M | $52.41M |
| EBITDA? | $408.97M | $369.74M | $150.31M | $354.46M | $294.41M | $303.48M | $405.09M | $288.65M | $288.95M | $295.88M |
| Income Before Tax | $160.48M | $144.23M | -$73.76M | $149.70M | $78.36M | $100.95M | $195.14M | $78.28M | $76.04M | $11.33M |
| Income Tax Expense | $947,000 | $288,000 | $588,000 | $447,000 | $145,000 | $353,000 | -$217,000 | $147.69M | $1.10M | $244,000 |
| Net Income? | $152.31M | $138.93M | -$73.47M | $173.03M | $76.54M | $97.37M | $191.69M | $72.30M | $68.75M | $30.05M |
| EPS? | $1.35 | $1.23 | $-0.65 | $1.54 | $0.68 | $0.87 | $1.72 | $0.66 | $0.69 | $-0.03 |
| Diluted EPS? | $1.34 | $1.23 | $-0.65 | $1.53 | $0.68 | $0.87 | $1.71 | $0.69 | $0.69 | $-0.03 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality