What Are COPT Defense Properties's Key Financial Figures?
| Fiscal year | FY2025 ended December 31, 2025 | FY2024 ended December 31, 2024 | FY2023 ended December 31, 2023 | FY2022 ended December 31, 2022 |
|---|---|---|---|---|
| Revenue | $764 million | $753 million | $685 million | $739 million |
| Operating income | Not reported | Not reported | Not reported | Not reported |
| Operating margin | n/a | n/a | n/a | n/a |
| Net income | $160 million | $144 million | -$74 million | $179 million |
| Net margin | 20.9% | 19.1% | -10.9% | 24.2% |
| Operating cash flow | $310 million | $331 million | $276 million | $266 million |
| Capital expenditures | $21 million | $31 million | $21 million | $36 million |
| Free cash flow | $289 million | $300 million | $256 million | $229 million |
Free cash flow (operating cash flow minus capital expenditures) was $289 million against net income of $160 million; cash generation covered reported earnings.
What Does COPT Defense Properties's Balance Sheet Show?
| Cash and cash equivalents | $275 million |
|---|---|
| Long-term debt | $2.8 billion |
| Total assets | $4.7 billion |
| Total liabilities | $3.1 billion |
| Shareholders' equity | $1.5 billion |
| Current ratio | n/a |
Balance sheet values are as of the end of fiscal 2025. Income statement figures describe a whole year; balance sheet figures describe a single day, so the two answer different questions.
Where These Numbers Come From
Every figure on this page is a value COPT Defense Properties reported in its own SEC filings, read from the SEC's XBRL data (accession 0000860546-26-000011 for fiscal year 2025). Ratios are computed from those reported values. Figures were retrieved on October 12, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary.
Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation.
Frequently Asked Questions
What was COPT Defense Properties's revenue in fiscal 2025?
COPT Defense Properties reported revenue of $764 million for the fiscal year ended December 31, 2025, according to its SEC filings.
What is COPT Defense Properties's operating margin?
COPT Defense Properties did not report operating income under the standard tag for fiscal 2025, so Swoopr does not compute an operating margin; the income statement in its 10-K shows how it presents profit.
How much free cash flow did COPT Defense Properties generate?
Operating cash flow of $310 million less capital expenditures of $21 million gives free cash flow of $289 million for fiscal 2025.