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) Price to free cash flow

Alert me on Price to free cash flow

As of 6 November 2026, COPT Defense Properties (CDP) trades at a price to free cash flow of 19.4×. Over the past ten years it has ranged from 0.0× (June 2021) to 465× (September 2019); the current reading is higher than 62% of that period. That is above the Reit Office industry median of 14.0× and above the Real Estate sector median of 12.0×.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2025 22.5× 8.50%
FY2024 20.8× 43.68%
FY2023 14.5× 31.63%
FY2022 11.0× (56.38%)
FY2021 25.2× —
FY2020 0.0× —
FY2019 0.0× —
FY2018 107× 678.61%
FY2017 13.7× 76.29%
FY2016 7.8× (38.05%)

Quarterly newest first

Period Price to free cash flow Change
Sep 2026 19.8× (22.83%)
Jun 2026 25.7× 1.99%
Mar 2026 25.2× 11.62%
Dec 2025 22.5× 16.95%
43 more quarters

Against its own ten years

Low 0.0× High 465×
Ten-year median 14.6×
Current reading's percentile 62

Price to free cash flow against peers

Company Price to free cash flow
SLG SL Green Realty Corporation compare n/m
ARE Alexandria Real Estate Equities, Inc. compare 4.1×
KRC Kilroy Realty Corporation compare 13.2×
BXP BXP, Inc. compare 14.7×
CUZ Cousins Properties Incorporated compare 16.8×
CDP COPT Defense Properties 19.4×
DEI Douglas Emmett, Inc. compare 26.5×
HIW Highwoods Properties, Inc. compare 62.4×
VNO Vornado Realty Trust compare 130×
Reit Office industry median 14.0×
Real Estate sector median 12.0×
Market median 14.0×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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