COPT Defense Properties

COPT Defense Properties

Office
COPT Defense Properties is a fully-integrated and self-managed real estate investment trust (REIT) focused on owning, operating and developing properties in locations proximate to, or sometimes containing, key U.S. Government (USG) defense installations and missions. Its tenants include the USG and their defense contractors, who are engaged in priority national security activities, and who generally require mission-critical and high security property enhancements. Its properties include 195 operating properties totaling approximately 22.4 million square feet comprised of 16.5 million square feet in 164 office properties and 5.9 million square feet in 31 single-tenant data center shells.

$4B

Market Cap • 9/11/2026

1988

(38 years)

Founded

1991

(35 years ago)

IPO

NYSE

Listing Exchange

Flag of United States

United States

Country

Valuation

P/B

2,6

P/S

5,1

P/EBITDA

9,9

P/OCF

8,1

P/FCF

17,9

P/E

24,6

BVPS

13,4

EPS

1,4

Market Cap

Market Cap

4B

EV

6,8B

EV/Revenue

8,6

EV/EBITDA

16,7

EV/EBIT

28,5

Payout

Dividend Per Share

1,2

Dividend Yield

3,5%

Buyback Yield

0%

Total Yield

3,5%

Dividend Yield 5Y

4%

Payout

77,9%

Retained Earnings

-976,6M

Profitability

Gross Margin

58,1%

EBITDA Margin

51,7%

EBIT Margin

30,3%

Net Margin

21,9%

D&A/EBITDA

41,4%

R&D/Revenue

0%

Capex/Revenue

34,8%

Capex/D&A

162,6%

Capex/OCF

54,9%

SBC/OCF

2,5%

% PPE

84,5%

% Goodwill

0%

ROE

10,5%

ROIC

5,6%

Growth

CAGR Revenue 5Y

56,4%

CAGR Net Income 5Y

13,8%

CAGR EPS 5Y

14,2%

CAGR OCF 5Y

15,7%

Leverage

N.D./EBITDA

6,4

Debt/Equity

0%

Current Ratio

1,4

Quick Ratio

1,4

Interest Coverage

253,8%

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