COPT Defense Properties
NYSE:CDP

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COPT Defense Properties
NYSE:CDP
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Price: 31.95 USD 2.54%
Market Cap: 7.1B USD
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Income Statement

Earnings Waterfall
COPT Defense Properties

Revenue
749.6m USD
Cost of Revenue
-334.7m USD
Gross Profit
414.8m USD
Operating Expenses
-205.9m USD
Operating Income
208.9m USD
Other Expenses
-72m USD
Net Income
137m USD

Income Statement
COPT Defense Properties

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Income Statement
Currency: USD
Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024
Revenue
Revenue
556
N/A
587
+6%
601
+2%
631
+5%
629
0%
626
-1%
609
-3%
584
-4%
576
-1%
574
0%
570
-1%
575
+1%
590
+3%
613
+4%
629
+3%
624
-1%
604
-3%
578
-4%
572
-1%
600
+5%
622
+4%
612
-2%
609
-1%
578
-5%
574
-1%
582
+1%
591
+1%
603
+2%
616
+2%
664
+8%
706
+6%
734
+4%
750
+2%
739
-1%
711
-4%
694
-2%
680
-2%
685
+1%
711
+4%
729
+3%
750
+3%
Gross Profit
Cost of Revenue
(259)
(280)
(300)
(321)
(309)
(297)
(272)
(244)
(239)
(243)
(241)
(253)
(268)
(291)
(307)
(302)
(285)
(259)
(248)
(270)
(289)
(294)
(291)
(264)
(257)
(256)
(261)
(269)
(278)
(313)
(353)
(379)
(390)
(373)
(338)
(317)
(299)
(298)
(315)
(323)
(335)
Gross Profit
296
N/A
307
+3%
301
-2%
311
+3%
320
+3%
328
+3%
337
+3%
341
+1%
337
-1%
331
-2%
328
-1%
323
-2%
323
+0%
322
0%
322
0%
322
0%
320
-1%
319
0%
324
+2%
330
+2%
333
+1%
318
-4%
318
0%
314
-1%
317
+1%
327
+3%
330
+1%
335
+1%
338
+1%
351
+4%
352
+0%
356
+1%
360
+1%
366
+2%
373
+2%
377
+1%
382
+1%
387
+1%
395
+2%
406
+3%
415
+2%
Operating Income
Operating Expenses
(169)
(173)
(163)
(167)
(179)
(185)
(192)
(191)
(182)
(178)
(272)
(171)
(171)
(171)
(186)
(170)
(170)
(172)
(177)
(181)
(179)
(166)
(163)
(161)
(161)
(167)
(170)
(173)
(173)
(183)
(182)
(181)
(181)
(185)
(189)
(194)
(198)
(199)
(455)
(457)
(206)
Selling, General & Administrative
(31)
(32)
(32)
(32)
(32)
(31)
(35)
(36)
(37)
(37)
(33)
(33)
(32)
(31)
(30)
(29)
(29)
(29)
(31)
(33)
(34)
(37)
(36)
(35)
(35)
(36)
(37)
(39)
(41)
(40)
(40)
(40)
(39)
(40)
(42)
(45)
(47)
(50)
(51)
(53)
(54)
Research & Development
(6)
(6)
(7)
(8)
(13)
(14)
(13)
(13)
(9)
(8)
(8)
(7)
(6)
(6)
(6)
(6)
(6)
(6)
(5)
(5)
(4)
(4)
(4)
(5)
(5)
(5)
(5)
(5)
(5)
(5)
(4)
(4)
(3)
(3)
(3)
0
(4)
(3)
(4)
(5)
0
Depreciation & Amortization
(132)
(136)
(124)
(127)
(135)
(140)
(143)
(142)
(136)
(133)
(131)
(131)
(133)
(134)
(135)
(135)
(135)
(137)
(139)
(140)
(141)
(125)
(123)
(122)
(122)
(127)
(128)
(130)
(128)
(138)
(137)
(137)
(139)
(141)
(144)
(147)
(149)
(149)
(150)
(151)
(152)
Other Operating Expenses
0
0
0
0
0
0
0
0
0
0
(100)
0
0
0
(16)
0
0
0
(3)
(3)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(2)
0
3
(249)
(248)
0
Operating Income
128
N/A
133
+4%
138
+4%
144
+4%
141
-2%
143
+2%
146
+2%
150
+3%
155
+3%
154
-1%
56
-63%
152
+170%
151
0%
151
0%
136
-10%
151
+12%
150
-1%
147
-2%
147
N/A
150
+2%
153
+2%
152
-1%
154
+2%
153
-1%
155
+1%
160
+3%
160
N/A
162
+1%
165
+2%
169
+2%
171
+1%
175
+3%
179
+2%
181
+1%
184
+1%
183
0%
184
+0%
188
+2%
(59)
N/A
(51)
+14%
209
N/A
Pre-Tax Income
Interest Income Expense
(78)
(87)
(87)
(86)
(86)
(85)
(87)
(88)
(81)
(76)
(71)
(67)
(68)
(69)
(69)
(69)
(69)
(68)
(67)
(66)
(64)
(62)
(61)
(59)
(112)
(111)
(111)
(110)
(56)
(56)
(53)
(52)
(51)
(50)
(53)
(54)
(57)
(59)
(61)
(65)
(66)
Non-Reccuring Items
9
(11)
(11)
(11)
73
62
60
(9)
(120)
(103)
0
(33)
(5)
(16)
0
(14)
(14)
(3)
0
0
(3)
(0)
0
0
(5)
21
(13)
(38)
(34)
(101)
(68)
(43)
(41)
(1)
(0)
(0)
(253)
(253)
0
0
0
Gain/Loss on Disposition of Assets
0
0
0
0
0
0
0
0
0
0
0
0
0
10
0
0
0
2
2
87
87
105
105
21
21
30
30
70
70
66
66
26
26
19
69
69
69
49
0
0
0
Total Other Income
0
0
0
0
0
0
0
0
0
0
0
0
0
0
10
10
10
0
0
0
0
0
(1)
(1)
0
1
3
3
2
1
1
1
(2)
(0)
(1)
0
0
0
0
0
0
Pre-Tax Income
59
N/A
35
-41%
40
+15%
48
+19%
128
+169%
121
-6%
118
-2%
53
-55%
(47)
N/A
(25)
+46%
(15)
+41%
53
N/A
79
+50%
76
-3%
76
+0%
79
+3%
77
-2%
78
+1%
82
+5%
170
+108%
173
+2%
195
+13%
198
+2%
114
-42%
60
-48%
101
+69%
69
-32%
87
+26%
146
+69%
78
-46%
117
+49%
107
-8%
111
+4%
150
+35%
199
+33%
197
-1%
(56)
N/A
(74)
-31%
(120)
-63%
(116)
+4%
143
N/A
Net Income
Tax Provision
(2)
(0)
(0)
(0)
(0)
(0)
(0)
0
0
(0)
(0)
(0)
(0)
(1)
(1)
(1)
(1)
0
0
1
0
0
0
0
0
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(1)
(1)
(1)
(1)
(0)
(0)
Income from Continuing Operations
57
35
40
47
128
121
118
53
(46)
(25)
(15)
52
78
75
75
77
77
79
82
171
174
195
199
114
60
101
68
86
146
78
116
107
111
149
198
196
(57)
(74)
(121)
(116)
142
Income to Minority Interest
(10)
(5)
(5)
(6)
(8)
(11)
(11)
(8)
(6)
(4)
(5)
(7)
(7)
(6)
(6)
(7)
(6)
(6)
(6)
(7)
(8)
(8)
(8)
(7)
(6)
(6)
(5)
(5)
(6)
(5)
(6)
(5)
(5)
(6)
(6)
(6)
0
1
1
1
(5)
Net Income (Common)
103
N/A
22
-79%
32
+44%
46
+45%
113
+145%
163
+44%
161
-1%
94
-42%
31
-67%
(3)
N/A
11
N/A
70
+523%
67
-4%
55
-17%
55
-1%
66
+22%
64
-3%
72
+11%
76
+5%
163
+115%
165
+2%
191
+16%
194
+2%
111
-43%
58
-48%
97
+67%
66
-32%
85
+29%
144
+69%
76
-47%
142
+87%
132
-7%
136
+3%
172
+27%
192
+11%
190
-1%
(58)
N/A
(75)
-28%
(121)
-62%
(116)
+4%
137
N/A
EPS (Diluted)
1.18
N/A
0.25
-79%
0.33
+32%
0.46
+39%
1.19
+159%
1.67
+40%
1.69
+1%
0.99
-41%
0.33
-67%
-0.03
N/A
0.11
N/A
0.7
+536%
0.69
-1%
0.56
-19%
0.53
-5%
0.67
+26%
0.61
-9%
0.69
+13%
0.67
-3%
1.45
+116%
1.49
+3%
1.71
+15%
1.73
+1%
0.99
-43%
0.51
-48%
0.85
+67%
0.59
-31%
0.74
+25%
1.28
+73%
0.67
-48%
1.26
+88%
1.17
-7%
1.2
+3%
1.53
+28%
1.71
+12%
1.69
-1%
-0.52
N/A
-0.67
-29%
-1.08
-61%
-1.04
+4%
1.22
N/A

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