COPT Defense Properties
COPT Defense Properties (NYSE: CDP) is a self-managed real estate investment trust that owns, operates and develops properties near or within U.S. government defense installations and missions. Its tenants include the U.S. government and defense contractors engaged in national security activities. The portfolio… From the company’s description.
Over the twelve months to Sep 30, 2026, COPT Defense Properties reported revenue of $804.14M, up 7.2% from a year earlier, and net income of $177.89M. Its operating margin was 30.2%, and operations generated $355.16M in cash. In fiscal 2025, it reported revenue of $763.92M, up 1.4% from fiscal 2024, and net income of $159.53M.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What COPT Defense Properties does
In the company’s own words
COPT Defense Properties (NYSE: CDP) is a self-managed real estate investment trust that owns, operates and develops properties near or within U.S. government defense installations and missions. Its tenants include the U.S. government and defense contractors engaged in national security activities. The portfolio consists mainly of office properties and single-tenant data center shells, with specialized features such as secure facilities and mission-critical infrastructure. The company reports two segments: Defense/IT Portfolio, covering properties serving defense, intelligence, cybersecurity, research, space and data center demand, and Other, comprising six additional office properties in the Greater Washington, DC/Baltimore region. At December 31, 2025, the Defense/IT Portfolio represented 90.3% of annualized rental revenue; the company had 207 operating properties totaling 25.2 million square feet, including properties held through joint ventures, plus five properties under development. It also controlled about 1,000 acres of land for potential development in its core portfolio. The company operates primarily through its subsidiary operating partnership, which also provides property management, development and construction services. Its website is www.copt.com.
Company details
- Sector
- Real Estate
- Industry (SIC)
- REITs
- Headquarters
- COLUMBIA, MD
- Fiscal year end
- December
- CIK
- 860546
- SIC
- 6798
Financial performance, year by year
Fiscal 2011–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns COPT Defense Properties — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · COPT Defense Properties’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
COPT Defense Properties’s bonds, as funds hold them
Funds report holding 3 issues of COPT Defense Properties’s debt, $0.71M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 2.59%, maturing 2029 to 2031.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
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