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Side-by-side financial comparison of BJs RESTAURANTS INC (BJRI) and COPT DEFENSE PROPERTIES (CDP). Click either name above to swap in a different company.

BJs RESTAURANTS INC is the larger business by last-quarter revenue ($355.4M vs $197.4M, roughly 1.8× COPT DEFENSE PROPERTIES). COPT DEFENSE PROPERTIES runs the higher net margin — 20.0% vs 3.6%, a 16.4% gap on every dollar of revenue. On growth, COPT DEFENSE PROPERTIES posted the faster year-over-year revenue change (7.6% vs 3.2%). Over the past eight quarters, BJs RESTAURANTS INC's revenue compounded faster (2.6% CAGR vs 1.1%).

BJ's Restaurants Inc. operates a chain of casual dining restaurants across the United States. Its menu features signature deep-dish pizzas, craft beers, handcrafted cocktails, and a wide range of American comfort food. The brand primarily serves family groups, friend gatherings, and casual diners seeking affordable, high-quality meals in a relaxed, welcoming in-store environment.

COPT Defense Properties is a real estate investment trust that invests in office buildings, mostly in the suburbs of the Washington, D.C. metropolitan area. It primarily leases to the U.S. government or companies in the arms industry. As of December 31, 2024, the company owned 164 office buildings comprising 16.5 million square feet and 31 single-tenant data centers comprising 5.9 million square feet.

BJRI vs CDP — Head-to-Head

Bigger by revenue
BJRI
BJRI
1.8× larger
BJRI
$355.4M
$197.4M
CDP
Growing faster (revenue YoY)
CDP
CDP
+4.4% gap
CDP
7.6%
3.2%
BJRI
Higher net margin
CDP
CDP
16.4% more per $
CDP
20.0%
3.6%
BJRI
Faster 2-yr revenue CAGR
BJRI
BJRI
Annualised
BJRI
2.6%
1.1%
CDP

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BJRI
BJRI
CDP
CDP
Revenue
$355.4M
$197.4M
Net Profit
$12.6M
$39.4M
Gross Margin
74.5%
Operating Margin
3.1%
19.9%
Net Margin
3.6%
20.0%
Revenue YoY
3.2%
7.6%
Net Profit YoY
-24.2%
8.0%
EPS (diluted)
$0.58
$0.32

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BJRI
BJRI
CDP
CDP
Q4 25
$355.4M
$197.4M
Q3 25
$365.6M
$188.8M
Q2 25
$348.0M
$189.9M
Q1 25
$187.9M
Q4 24
$325.7M
$183.4M
Q3 24
$349.9M
$189.2M
Q2 24
$337.3M
$187.3M
Q1 24
$193.3M
Net Profit
BJRI
BJRI
CDP
CDP
Q4 25
$12.6M
$39.4M
Q3 25
$22.2M
$43.7M
Q2 25
$13.5M
$40.2M
Q1 25
$36.2M
Q4 24
$-2.9M
$36.5M
Q3 24
$17.2M
$37.4M
Q2 24
$7.7M
$36.4M
Q1 24
$33.7M
Gross Margin
BJRI
BJRI
CDP
CDP
Q4 25
74.5%
Q3 25
75.2%
Q2 25
75.0%
Q1 25
Q4 24
73.4%
Q3 24
74.3%
Q2 24
74.8%
Q1 24
Operating Margin
BJRI
BJRI
CDP
CDP
Q4 25
3.1%
19.9%
Q3 25
5.8%
22.5%
Q2 25
4.3%
21.0%
Q1 25
19.1%
Q4 24
-0.8%
19.7%
Q3 24
3.8%
19.8%
Q2 24
2.4%
19.4%
Q1 24
17.5%
Net Margin
BJRI
BJRI
CDP
CDP
Q4 25
3.6%
20.0%
Q3 25
6.1%
23.2%
Q2 25
3.9%
21.1%
Q1 25
19.3%
Q4 24
-0.9%
19.9%
Q3 24
4.9%
19.8%
Q2 24
2.3%
19.4%
Q1 24
17.4%
EPS (diluted)
BJRI
BJRI
CDP
CDP
Q4 25
$0.58
$0.32
Q3 25
$0.97
$0.37
Q2 25
$0.58
$0.34
Q1 25
$0.31
Q4 24
$-0.13
$0.31
Q3 24
$0.72
$0.32
Q2 24
$0.32
$0.31
Q1 24
$0.29

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BJRI
BJRI
CDP
CDP
Cash + ST InvestmentsLiquidity on hand
$23.8M
$275.0M
Total DebtLower is stronger
$2.8B
Stockholders' EquityBook value
$366.2M
$1.5B
Total Assets
$1.0B
$4.7B
Debt / EquityLower = less leverage
1.83×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BJRI
BJRI
CDP
CDP
Q4 25
$23.8M
$275.0M
Q3 25
$26.0M
$23.7M
Q2 25
$19.0M
$21.3M
Q1 25
$24.3M
Q4 24
$18.4M
$38.3M
Q3 24
$16.2M
$34.5M
Q2 24
$18.8M
$100.4M
Q1 24
$123.1M
Total Debt
BJRI
BJRI
CDP
CDP
Q4 25
$2.8B
Q3 25
$60.5M
$2.4B
Q2 25
$85.5M
$2.4B
Q1 25
$2.4B
Q4 24
$66.5M
$2.4B
Q3 24
$63.5M
$2.4B
Q2 24
$58.0M
$2.4B
Q1 24
$2.4B
Stockholders' Equity
BJRI
BJRI
CDP
CDP
Q4 25
$366.2M
$1.5B
Q3 25
$386.6M
$1.5B
Q2 25
$371.5M
$1.5B
Q1 25
$1.5B
Q4 24
$376.2M
$1.5B
Q3 24
$386.5M
$1.5B
Q2 24
$375.4M
$1.5B
Q1 24
$1.5B
Total Assets
BJRI
BJRI
CDP
CDP
Q4 25
$1.0B
$4.7B
Q3 25
$1.0B
$4.4B
Q2 25
$1.0B
$4.3B
Q1 25
$4.3B
Q4 24
$1.0B
$4.3B
Q3 24
$1.0B
$4.2B
Q2 24
$1.0B
$4.2B
Q1 24
$4.2B
Debt / Equity
BJRI
BJRI
CDP
CDP
Q4 25
1.83×
Q3 25
0.16×
1.62×
Q2 25
0.23×
1.63×
Q1 25
1.62×
Q4 24
0.18×
1.60×
Q3 24
0.16×
1.61×
Q2 24
0.15×
1.61×
Q1 24
1.63×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BJRI
BJRI
CDP
CDP
Operating Cash FlowLast quarter
$309.9M
Free Cash FlowOCF − Capex
$288.9M
FCF MarginFCF / Revenue
146.4%
Capex IntensityCapex / Revenue
10.7%
Cash ConversionOCF / Net Profit
7.87×
TTM Free Cash FlowTrailing 4 quarters
$501.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BJRI
BJRI
CDP
CDP
Q4 25
$309.9M
Q3 25
$62.3M
$68.6M
Q2 25
$4.6M
$87.9M
Q1 25
$72.1M
Q4 24
$27.3M
$331.0M
Q3 24
$20.2M
$65.1M
Q2 24
$22.3M
$93.8M
Q1 24
$71.0M
Free Cash Flow
BJRI
BJRI
CDP
CDP
Q4 25
$288.9M
Q3 25
$41.9M
$62.9M
Q2 25
$-12.1M
$84.5M
Q1 25
$65.1M
Q4 24
$7.6M
$299.6M
Q3 24
$735.0K
$61.0M
Q2 24
$448.0K
$88.4M
Q1 24
$57.9M
FCF Margin
BJRI
BJRI
CDP
CDP
Q4 25
146.4%
Q3 25
11.5%
33.3%
Q2 25
-3.5%
44.5%
Q1 25
34.7%
Q4 24
2.3%
163.3%
Q3 24
0.2%
32.3%
Q2 24
0.1%
47.2%
Q1 24
30.0%
Capex Intensity
BJRI
BJRI
CDP
CDP
Q4 25
10.7%
Q3 25
5.6%
3.0%
Q2 25
4.8%
1.8%
Q1 25
3.7%
Q4 24
6.0%
17.1%
Q3 24
5.6%
2.1%
Q2 24
6.5%
2.9%
Q1 24
6.8%
Cash Conversion
BJRI
BJRI
CDP
CDP
Q4 25
7.87×
Q3 25
2.80×
1.57×
Q2 25
0.34×
2.19×
Q1 25
1.99×
Q4 24
9.08×
Q3 24
1.18×
1.74×
Q2 24
2.89×
2.58×
Q1 24
2.11×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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