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COPT DEFENSE PROPERTIES（CDP）与CARRIAGE SERVICES INC（CSV）财务数据对比。点击上方公司名可切换其他公司
COPT DEFENSE PROPERTIES的季度营收约是CARRIAGE SERVICES INC的1.9倍（$197.4M vs $105.5M），COPT DEFENSE PROPERTIES净利率更高（20.0% vs 11.6%，领先8.3%），CARRIAGE SERVICES INC同比增速更快（8.0% vs 7.6%），COPT DEFENSE PROPERTIES自由现金流更多（$288.9M vs $6.2M），过去两年COPT DEFENSE PROPERTIES的营收复合增速更高（1.1% vs 1.0%）
COPT Defense Properties是一家专业房地产投资信托基金，重点投资写字楼物业，资产主要布局于华盛顿大都会区的近郊区域，核心租户为美国政府及国防军工行业企业。截至2024年12月31日，公司旗下共持有164栋写字楼，总面积达1650万平方英尺，同时运营31个单租户数据中心，总面积590万平方英尺。
怡和Cycle & Carriage有限公司是怡和集团在东南亚的投资控股公司，目前该集团持有其75%的股份，是怡和集团在东南亚区域开展资本布局与投资业务的核心平台。
CDP vs CSV — 直观对比
营收规模更大
CDP
是对方的1.9倍
$105.5M
营收增速更快
CSV
高出0.4%
7.6%
净利率更高
CDP
高出8.3%
11.6%
自由现金流更多
CDP
多$282.7M
$6.2M
两年增速更快
CDP
近两年复合增速
1.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $197.4M | $105.5M |
| 净利润 | $39.4M | $12.3M |
| 毛利率 | — | 34.8% |
| 营业利润率 | 19.9% | 23.3% |
| 净利率 | 20.0% | 11.6% |
| 营收同比 | 7.6% | 8.0% |
| 净利润同比 | 8.0% | 24.5% |
| 每股收益（稀释后） | $0.32 | $0.76 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收CDPCSV
| Q4 25 | $197.4M | $105.5M | ||
| Q3 25 | $188.8M | $102.7M | ||
| Q2 25 | $189.9M | $102.1M | ||
| Q1 25 | $187.9M | $107.1M | ||
| Q4 24 | $183.4M | $97.7M | ||
| Q3 24 | $189.2M | $100.7M | ||
| Q2 24 | $187.3M | $102.3M | ||
| Q1 24 | $193.3M | $103.5M |
净利润CDPCSV
| Q4 25 | $39.4M | $12.3M | ||
| Q3 25 | $43.7M | $6.6M | ||
| Q2 25 | $40.2M | $11.7M | ||
| Q1 25 | $36.2M | $20.9M | ||
| Q4 24 | $36.5M | $9.9M | ||
| Q3 24 | $37.4M | $9.9M | ||
| Q2 24 | $36.4M | $6.3M | ||
| Q1 24 | $33.7M | $7.0M |
毛利率CDPCSV
| Q4 25 | — | 34.8% | ||
| Q3 25 | — | 35.3% | ||
| Q2 25 | — | 35.2% | ||
| Q1 25 | — | 35.3% | ||
| Q4 24 | — | 34.4% | ||
| Q3 24 | — | 35.2% | ||
| Q2 24 | — | 36.2% | ||
| Q1 24 | — | 36.0% |
营业利润率CDPCSV
| Q4 25 | 19.9% | 23.3% | ||
| Q3 25 | 22.5% | 17.0% | ||
| Q2 25 | 21.0% | 23.5% | ||
| Q1 25 | 19.1% | 29.5% | ||
| Q4 24 | 19.7% | 21.6% | ||
| Q3 24 | 19.8% | 22.7% | ||
| Q2 24 | 19.4% | 18.0% | ||
| Q1 24 | 17.5% | 18.8% |
净利率CDPCSV
| Q4 25 | 20.0% | 11.6% | ||
| Q3 25 | 23.2% | 6.4% | ||
| Q2 25 | 21.1% | 11.5% | ||
| Q1 25 | 19.3% | 19.5% | ||
| Q4 24 | 19.9% | 10.1% | ||
| Q3 24 | 19.8% | 9.8% | ||
| Q2 24 | 19.4% | 6.1% | ||
| Q1 24 | 17.4% | 6.7% |
每股收益（稀释后）CDPCSV
| Q4 25 | $0.32 | $0.76 | ||
| Q3 25 | $0.37 | $0.41 | ||
| Q2 25 | $0.34 | $0.74 | ||
| Q1 25 | $0.31 | $1.34 | ||
| Q4 24 | $0.31 | $0.62 | ||
| Q3 24 | $0.32 | $0.63 | ||
| Q2 24 | $0.31 | $0.40 | ||
| Q1 24 | $0.29 | $0.45 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $275.0M | $1.7M |
| 总债务越低越好 | $2.8B | — |
| 股东权益账面价值 | $1.5B | $254.8M |
| 总资产 | $4.7B | $1.3B |
| 负债/权益比越低杠杆越低 | 1.83× | — |
8季度趋势，按日历期对齐
现金及短期投资CDPCSV
| Q4 25 | $275.0M | $1.7M | ||
| Q3 25 | $23.7M | $1.2M | ||
| Q2 25 | $21.3M | $1.4M | ||
| Q1 25 | $24.3M | $4.6M | ||
| Q4 24 | $38.3M | $1.2M | ||
| Q3 24 | $34.5M | $1.3M | ||
| Q2 24 | $100.4M | $1.5M | ||
| Q1 24 | $123.1M | $1.7M |
总债务CDPCSV
| Q4 25 | $2.8B | — | ||
| Q3 25 | $2.4B | — | ||
| Q2 25 | $2.4B | — | ||
| Q1 25 | $2.4B | — | ||
| Q4 24 | $2.4B | — | ||
| Q3 24 | $2.4B | — | ||
| Q2 24 | $2.4B | — | ||
| Q1 24 | $2.4B | — |
股东权益CDPCSV
| Q4 25 | $1.5B | $254.8M | ||
| Q3 25 | $1.5B | $242.1M | ||
| Q2 25 | $1.5B | $235.4M | ||
| Q1 25 | $1.5B | $223.1M | ||
| Q4 24 | $1.5B | $208.6M | ||
| Q3 24 | $1.5B | $198.1M | ||
| Q2 24 | $1.5B | $187.9M | ||
| Q1 24 | $1.5B | $179.6M |
总资产CDPCSV
| Q4 25 | $4.7B | $1.3B | ||
| Q3 25 | $4.4B | $1.3B | ||
| Q2 25 | $4.3B | $1.3B | ||
| Q1 25 | $4.3B | $1.3B | ||
| Q4 24 | $4.3B | $1.3B | ||
| Q3 24 | $4.2B | $1.3B | ||
| Q2 24 | $4.2B | $1.3B | ||
| Q1 24 | $4.2B | $1.3B |
负债/权益比CDPCSV
| Q4 25 | 1.83× | — | ||
| Q3 25 | 1.62× | — | ||
| Q2 25 | 1.63× | — | ||
| Q1 25 | 1.62× | — | ||
| Q4 24 | 1.60× | — | ||
| Q3 24 | 1.61× | — | ||
| Q2 24 | 1.61× | — | ||
| Q1 24 | 1.63× | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $309.9M | $14.1M |
| 自由现金流经营现金流 - 资本支出 | $288.9M | $6.2M |
| 自由现金流率自由现金流/营收 | 146.4% | 5.9% |
| 资本支出强度资本支出/营收 | 10.7% | 7.5% |
| 现金转化率经营现金流/净利润 | 7.87× | 1.15× |
| 过去12个月自由现金流最近4个季度 | $501.5M | $40.1M |
8季度趋势，按日历期对齐
经营现金流CDPCSV
| Q4 25 | $309.9M | $14.1M | ||
| Q3 25 | $68.6M | $24.7M | ||
| Q2 25 | $87.9M | $8.1M | ||
| Q1 25 | $72.1M | $13.8M | ||
| Q4 24 | $331.0M | $9.3M | ||
| Q3 24 | $65.1M | $20.9M | ||
| Q2 24 | $93.8M | $2.2M | ||
| Q1 24 | $71.0M | $19.7M |
自由现金流CDPCSV
| Q4 25 | $288.9M | $6.2M | ||
| Q3 25 | $62.9M | $18.0M | ||
| Q2 25 | $84.5M | $5.2M | ||
| Q1 25 | $65.1M | $10.6M | ||
| Q4 24 | $299.6M | $4.9M | ||
| Q3 24 | $61.0M | $16.2M | ||
| Q2 24 | $88.4M | $-1.4M | ||
| Q1 24 | $57.9M | $16.2M |
自由现金流率CDPCSV
| Q4 25 | 146.4% | 5.9% | ||
| Q3 25 | 33.3% | 17.5% | ||
| Q2 25 | 44.5% | 5.1% | ||
| Q1 25 | 34.7% | 9.9% | ||
| Q4 24 | 163.3% | 5.0% | ||
| Q3 24 | 32.3% | 16.1% | ||
| Q2 24 | 47.2% | -1.4% | ||
| Q1 24 | 30.0% | 15.6% |
资本支出强度CDPCSV
| Q4 25 | 10.7% | 7.5% | ||
| Q3 25 | 3.0% | 6.5% | ||
| Q2 25 | 1.8% | 2.8% | ||
| Q1 25 | 3.7% | 3.0% | ||
| Q4 24 | 17.1% | 4.5% | ||
| Q3 24 | 2.1% | 4.6% | ||
| Q2 24 | 2.9% | 3.5% | ||
| Q1 24 | 6.8% | 3.4% |
现金转化率CDPCSV
| Q4 25 | 7.87× | 1.15× | ||
| Q3 25 | 1.57× | 3.76× | ||
| Q2 25 | 2.19× | 0.69× | ||
| Q1 25 | 1.99× | 0.66× | ||
| Q4 24 | 9.08× | 0.94× | ||
| Q3 24 | 1.74× | 2.11× | ||
| Q2 24 | 2.58× | 0.34× | ||
| Q1 24 | 2.11× | 2.83× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
CDP
暂无分部数据
CSV
| Propertyand Merchandise | $47.8M | 45% |
| Cemetery Interment Rights | $24.8M | 23% |
| Merchandise | $18.9M | 18% |
| Other Revenue | $10.2M | 10% |
| Other | $3.9M | 4% |
