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COPT DEFENSE PROPERTIES（CDP）与Empire State Realty OP, L.P.（ESBA）财务数据对比。点击上方公司名可切换其他公司
Empire State Realty OP, L.P.的季度营收约是COPT DEFENSE PROPERTIES的1.0倍（$199.2M vs $197.4M），COPT DEFENSE PROPERTIES净利率更高（20.0% vs 16.1%，领先3.8%），COPT DEFENSE PROPERTIES同比增速更快（7.6% vs 0.8%），COPT DEFENSE PROPERTIES自由现金流更多（$288.9M vs $50.6M），过去两年Empire State Realty OP, L.P.的营收复合增速更高（4.9% vs 1.1%）
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。
Empire State Realty OP, L.P. 是一家房地产运营合伙企业，核心业务为持有、管理及出租优质商业与零售物业，主要布局纽约大都会区，旗下拥有帝国大厦等标志性地标，服务企业租户、零售品牌及旅游相关业务板块。
CDP vs ESBA — 直观对比
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $197.4M | $199.2M |
| 净利润 | $39.4M | $32.2M |
| 毛利率 | — | — |
| 营业利润率 | 19.9% | 17.8% |
| 净利率 | 20.0% | 16.1% |
| 营收同比 | 7.6% | 0.8% |
| 净利润同比 | 8.0% | 71.2% |
| 每股收益（稀释后） | $0.32 | $0.11 |
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
| Q4 25 | $197.4M | $199.2M | ||
| Q3 25 | $188.8M | $197.7M | ||
| Q2 25 | $189.9M | $191.3M | ||
| Q1 25 | $187.9M | $180.1M | ||
| Q4 24 | $183.4M | $197.6M | ||
| Q3 24 | $189.2M | $199.6M | ||
| Q2 24 | $187.3M | $189.5M | ||
| Q1 24 | $193.3M | $181.2M |
| Q4 25 | $39.4M | $32.2M | ||
| Q3 25 | $43.7M | $13.6M | ||
| Q2 25 | $40.2M | $11.4M | ||
| Q1 25 | $36.2M | $15.8M | ||
| Q4 24 | $36.5M | $18.8M | ||
| Q3 24 | $37.4M | $22.8M | ||
| Q2 24 | $36.4M | $28.6M | ||
| Q1 24 | $33.7M | $10.2M |
| Q4 25 | 19.9% | 17.8% | ||
| Q3 25 | 22.5% | 19.9% | ||
| Q2 25 | 21.0% | 18.4% | ||
| Q1 25 | 19.1% | 14.3% | ||
| Q4 24 | 19.7% | 21.7% | ||
| Q3 24 | 19.8% | 22.7% | ||
| Q2 24 | 19.4% | 20.8% | ||
| Q1 24 | 17.5% | 17.1% |
| Q4 25 | 20.0% | 16.1% | ||
| Q3 25 | 23.2% | 6.9% | ||
| Q2 25 | 21.1% | 6.0% | ||
| Q1 25 | 19.3% | 8.8% | ||
| Q4 24 | 19.9% | 9.5% | ||
| Q3 24 | 19.8% | 11.4% | ||
| Q2 24 | 19.4% | 15.1% | ||
| Q1 24 | 17.4% | 5.6% |
| Q4 25 | $0.32 | $0.11 | ||
| Q3 25 | $0.37 | $0.05 | ||
| Q2 25 | $0.34 | $0.04 | ||
| Q1 25 | $0.31 | $0.05 | ||
| Q4 24 | $0.31 | $0.07 | ||
| Q3 24 | $0.32 | $0.08 | ||
| Q2 24 | $0.31 | $0.10 | ||
| Q1 24 | $0.29 | $0.03 |
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 | $132.7M |
| 总债务越低越好 | $2.8B | — |
| 股东权益账面价值 | $1.5B | — |
| 总资产 | $4.7B | $4.5B |
| 负债/权益比越低杠杆越低 | 1.83× | — |
8季度趋势，按日历期对齐
| Q4 25 | $275.0M | $132.7M | ||
| Q3 25 | $23.7M | $154.1M | ||
| Q2 25 | $21.3M | $94.6M | ||
| Q1 25 | $24.3M | $187.8M | ||
| Q4 24 | $38.3M | $385.5M | ||
| Q3 24 | $34.5M | $421.9M | ||
| Q2 24 | $100.4M | $535.5M | ||
| Q1 24 | $123.1M | $333.6M |
| 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 | — |
| Q4 25 | $1.5B | — | ||
| Q3 25 | $1.5B | — | ||
| Q2 25 | $1.5B | — | ||
| Q1 25 | $1.5B | — | ||
| Q4 24 | $1.5B | — | ||
| Q3 24 | $1.5B | — | ||
| Q2 24 | $1.5B | — | ||
| Q1 24 | $1.5B | — |
| Q4 25 | $4.7B | $4.5B | ||
| Q3 25 | $4.4B | $4.1B | ||
| Q2 25 | $4.3B | $4.1B | ||
| Q1 25 | $4.3B | $4.1B | ||
| Q4 24 | $4.3B | $4.5B | ||
| Q3 24 | $4.2B | $4.4B | ||
| Q2 24 | $4.2B | $4.4B | ||
| Q1 24 | $4.2B | $4.2B |
| 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 | $249.1M |
| 自由现金流经营现金流 - 资本支出 | $288.9M | $50.6M |
| 自由现金流率自由现金流/营收 | 146.4% | 25.4% |
| 资本支出强度资本支出/营收 | 10.7% | 99.6% |
| 现金转化率经营现金流/净利润 | 7.87× | 7.74× |
| 过去12个月自由现金流最近4个季度 | $501.5M | $109.3M |
8季度趋势，按日历期对齐
| Q4 25 | $309.9M | $249.1M | ||
| Q3 25 | $68.6M | $105.3M | ||
| Q2 25 | $87.9M | $26.7M | ||
| Q1 25 | $72.1M | $83.1M | ||
| Q4 24 | $331.0M | $260.9M | ||
| Q3 24 | $65.1M | $102.8M | ||
| Q2 24 | $93.8M | $37.1M | ||
| Q1 24 | $71.0M | $70.9M |
| Q4 25 | $288.9M | $50.6M | ||
| Q3 25 | $62.9M | $72.8M | ||
| Q2 25 | $84.5M | $-55.1M | ||
| Q1 25 | $65.1M | $41.1M | ||
| Q4 24 | $299.6M | $88.0M | ||
| Q3 24 | $61.0M | $-65.1M | ||
| Q2 24 | $88.4M | $19.5M | ||
| Q1 24 | $57.9M | $23.2M |
| Q4 25 | 146.4% | 25.4% | ||
| Q3 25 | 33.3% | 36.8% | ||
| Q2 25 | 44.5% | -28.8% | ||
| Q1 25 | 34.7% | 22.8% | ||
| Q4 24 | 163.3% | 44.5% | ||
| Q3 24 | 32.3% | -32.6% | ||
| Q2 24 | 47.2% | 10.3% | ||
| Q1 24 | 30.0% | 12.8% |
| Q4 25 | 10.7% | 99.6% | ||
| Q3 25 | 3.0% | 16.5% | ||
| Q2 25 | 1.8% | 42.8% | ||
| Q1 25 | 3.7% | 23.4% | ||
| Q4 24 | 17.1% | 87.5% | ||
| Q3 24 | 2.1% | 84.1% | ||
| Q2 24 | 2.9% | 9.3% | ||
| Q1 24 | 6.8% | 26.3% |
| Q4 25 | 7.87× | 7.74× | ||
| Q3 25 | 1.57× | 7.72× | ||
| Q2 25 | 2.19× | 2.35× | ||
| Q1 25 | 1.99× | 5.27× | ||
| Q4 24 | 9.08× | 13.88× | ||
| Q3 24 | 1.74× | 4.51× | ||
| Q2 24 | 2.58× | 1.30× | ||
| Q1 24 | 2.11× | 6.94× |
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
ESBA
| Real Estate Segment | $163.8M | 82% |
| Observatory Segment | $35.2M | 18% |
