COPT Defense Properties

CDP Real Estate Reit Office

COPT Defense Properties' revenue for fiscal 2025 (year ended December 2025) was $763.9 million, up 1.41% from fiscal 2024.

Revenue
+10.6%
EPS
+10.8%
Free cash flow
+76.9%
Total debt
+5.57%

Quarter to September 2026, against a year earlier

32.77 0.42 +1.30%
Market cap
$7.3B
P/E
22.1×
Fwd P/E
23.1×
Dividend yield
3.86%
F-score
6/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

COPT Defense Properties (CDP) Free cash flow

Alert me on Free cash flow

COPT Defense Properties's free cash flow for fiscal 2025 was $138.8M, down 17.1% from $167.3M in fiscal 2024. Over the twelve months to 30 September 2026 it was $190.4M. Over the past ten years it has ranged from −$57.8M (fiscal 2019) to $378.7M (fiscal 2016); the current reading is higher than 45% of that period. Free cash flow has fallen for 3 consecutive fiscal years. COPT Defense Properties ranks 7th of 19 Reit Office companies by free cash flow.

Free cash flow, annual

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Annual newest first

Period Free cash flow Change
FY2025 $138.8M (17.06%)
FY2024 $167.3M (16.74%)
FY2023 $200.9M (23.81%)
FY2022 $263.7M 112.09%
FY2021 $124.4M —
FY2020 −$22.8M —
FY2019 −$57.8M —
FY2018 $20.5M (90.26%)
FY2017 $210.5M (44.43%)
FY2016 $378.7M 131.77%

Quarterly newest first

Period Free cash flow Change
Sep 2026 $66.2M 25.81%
Jun 2026 $52.6M 47.71%
Mar 2026 $35.6M (1.01%)
Dec 2025 $36.0M 0.36%
43 more quarters

Against its own ten years

Low −$57.8M High $378.7M
Ten-year median $163.4M
Current reading's percentile 45

Free cash flow against peers

What Free cash flow is

Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.

Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)

The full definition of Free cash flow →

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