COPT Defense Properties (CDP)

From the record

COPT Defense Properties' filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

From the record

COPT Defense Properties' 10 filed years say what it did: revenue went from $574 million in fiscal 2016 to $764 million in fiscal 2025, up 3.2% a year; it rose in 6 of 9 years; the deepest fall was 7% from fiscal 2022 to fiscal 2023; net income was positive in 9 of 10 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, COPT Defense Properties' diluted share count grew about 0.2% a year, and dividends and buybacks returned about 43% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 3 sales and 0 purchases of their own stock on the open market in the year to 2026-11-05 (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, COPT Defense Properties earned about 10 cents of profit for every dollar of shareholders' money. Leverage: it owed about 67 cents per dollar of assets, and net share issuance: its share count grew 0.4% over the year (the filed statements).

From the record

COPT Defense Properties' standing among 157 graded names in its industry family: revenue of $764 million in fiscal 2025 ranks in the top 44% by size; a net margin of 20.9% ranks in the top 41%; revenue growth of 1.1% a year over the last 3 filed years ranks in the bottom 27% (its annual reports).

From the record

COPT Defense Properties' leadership, from its insiders' filings and its current reports: the chief executive on the record is Budorick, Stephen E (PRESIDENT/CEO, as filed), filing under that title since 2023-02-01, 3.8 years (bottom 30% of its family); the 11 officers and directors filing in the last fifteen months have been on the record a median of 9.1 years (top 36%); 3 officer or director changes were reported on Form 8-K since 2023-11-13, against the 11 people in charge now (top 34%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

COPT Defense Properties' room to grow, from the newest filed statements (fiscal 2025): cash of $275 million against debt of $2.8 billion leaves -53% of its assets as net cash, bottom 20% of its family; cash from operations less capital spending is 40.6% of revenue (top 41%) (its annual report).

From the record

COPT Defense Properties' growth drivers, from the filed years to fiscal 2025: revenue grew 1.1% a year over the last three filed years against 3.2% over all 10, slowing (bottom 44% of its family); the newest year grew 1.4% (bottom 41%) (its annual reports). COPT Defense Properties reported 2 lines of business in fiscal 2025: Defense IT Portfolio at $647 million, All Other at $75 million. 2 of 2 grew in the latest filed year, and the largest line is 90% of revenue (its annual report).

From the record

COPT Defense Properties' newest year against its own record: revenue of $764 million in fiscal 2025 came in 0.5% above the $760 million its prior three years' pace pointed to (top 39% of its family); net income of $160 million against a prior three-year average of $83 million (top 22%); a net margin of 20.9% against 10.8% before (top 22%) (its annual reports).