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XNYS
CDP
Market cap3.22bUSD
Jun 10, Last price  
28.61USD
1D
1.13%
1Q
6.28%
Jan 2017
-8.36%
Name

Corporate Office Properties Trust

Chart & Performance

D1W1MN
P/E
23.17
P/S
4.27
EPS
1.23
Div Yield, %
Shrs. gr., 5y
0.23%
Rev. gr., 5y
3.27%
Revenues
753m
+9.97%
329,145,000361,403,000410,174,000588,018,000767,519,000564,475,000556,841,000528,007,000523,360,000586,473,000625,466,000574,328,000612,820,000578,112,000641,226,000609,365,000664,446,000739,030,000684,982,000753,267,000
Net income
139m
P
39,031,00049,227,00034,784,00058,668,00056,329,00042,760,000-117,675,00020,977,00093,707,00040,255,000178,300,00011,439,00070,091,00072,301,000191,692,00097,374,00076,541,000173,029,000-73,469,000138,929,000
CFO
331m
+355.15%
95,944,000113,151,000137,701,000181,864,000194,817,000156,436,000152,143,000191,838,000158,979,000193,885,000204,008,000232,538,000230,654,000180,482,000228,558,000238,424,000249,148,000265,825,00072,713,000330,955,000
Dividend
Sep 28, 20230.285 USD/sh

Profile

COPT is a REIT that owns, manages, leases, develops and selectively acquires office and data center properties. The majority of its portfolio is in locations that support the United States Government and its contractors, most of whom are engaged in national security, defense and information technology (“IT”) related activities servicing what it believes are growing, durable, priority missions (“Defense/IT Locations”). The Company also owns a portfolio of office properties located in select urban/urban-like submarkets in the Greater Washington, DC/Baltimore region with durable Class-A office fundamentals and characteristics (“Regional Office Properties”). As of December 31, 2020, the Company derived 87% of its core portfolio annualized rental revenue from Defense/IT Locations and 13% from its Regional Office Properties. As of the same date and including 17 properties owned through unconsolidated joint ventures, COPT's core portfolio of 179 office and data center shell properties encompassed 20.8 million square feet and was 95.0% leased; the Company also owned one wholesale data center with a critical load of 19.25 megawatts that was 86.7% leased.
IPO date
Dec 31, 1991
Employees
395
Domiciled in
US
Incorporated in
US

Valuation

Title
USD in thousands, except ratios and share amounts
FYFYFYFYFYFYFYFYFYFY
2024‑122023‑122022‑122021‑122020‑122019‑122018‑122017‑122016‑122015‑12
Income
Revenues
753,267
9.97%
684,982
-7.31%
739,030
11.22%
Cost of revenue
539,944
40,037
557,614
Unusual Expense (Income)
NOPBT
213,323
644,945
181,416
NOPBT Margin
28.32%
94.16%
24.55%
Operating Taxes
288
(588)
447
Tax Rate
0.14%
0.25%
NOPAT
213,035
645,533
180,969
Net income
138,929
-289.10%
(73,469)
-142.46%
173,029
126.06%
Dividends
(131,840)
(1)
(123,645)
Dividend yield
3.77%
0.00%
4.23%
Proceeds from repurchase of equity
BB yield
Debt
Debt current
75,000
211,000
Long-term debt
2,415,235
2,289,312
Deferred revenue
Other long-term liabilities
14,377
2,670,582
18,556
Net debt
2,412,591
(167,820)
2,466,515
Cash flow
Cash from operating activities
330,955
72,713
265,825
CAPEX
(31,342)
(36,377)
Cash from investing activities
(291,010)
(169,623)
(83,457)
Cash from financing activities
(169,672)
(1)
(183,175)
FCF
250,977
953,710
75,198
Balance
Cash
38,284
167,820
12,337
Long term investments
39,360
21,460
Excess cash
39,981
133,571
Stockholders' equity
26,089
26,821
(738,368)
Invested Capital
3,989,850
4,127,673
4,976,225
ROIC
5.25%
14.18%
3.67%
ROCE
5.31%
15.29%
4.28%
EV
Common stock shares outstanding
112,899
112,178
112,620
Price
30.95
20.76%
25.63
-1.20%
25.94
-7.26%
Market cap
3,494,224
21.53%
2,875,122
-1.58%
2,921,363
-7.09%
EV
5,930,789
2,730,882
5,453,823
EBITDA
369,338
793,945
325,009
EV/EBITDA
16.06
3.44
16.78
Interest
83,773
71,142
61,174
Interest/NOPBT
39.27%
11.03%
33.72%