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) Operating margin

Alert me on Operating margin

COPT Defense Properties's operating margin over the twelve months to 30 September 2026 was 30.2%, up 0.1 percentage points from fiscal 2025 (30.2%). Over the past ten years it has ranged from −9.39% (fiscal 2023) to 30.2% (fiscal 2025) — the current reading is the highest in ten years. That is above the Reit Office industry median of 17.8% and above the Real Estate sector median of 16.6%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 30.2% 1.84
FY2024 28.3% 37.71
FY2023 −9.39% (33.94)
FY2022 24.6% (0.84)
FY2021 25.4% (1.82)
FY2020 27.2% 2.46
FY2019 24.8% (0.25)
FY2018 25.0% 2.83
FY2017 22.2% 13.04
FY2016 9.13% (10.07)

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 30.3% (1.73)
Jun 2026 32.0% 2.96
Mar 2026 29.1% (0.47)
Dec 2025 29.5% (1.09)
43 more quarters

Against its own ten years

Low −9.39% High 30.2%
Ten-year median 24.8%
Current reading's percentile 98

Operating margin against peers

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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