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COPT DEFENSE PROPERTIES（CDP）与弗雷斯特研究公司（FORR）财务数据对比。点击上方公司名可切换其他公司
COPT DEFENSE PROPERTIES的季度营收约是弗雷斯特研究公司的2.0倍（$197.4M vs $101.1M），COPT DEFENSE PROPERTIES净利率更高（20.0% vs -33.5%，领先53.5%），COPT DEFENSE PROPERTIES同比增速更快（7.6% vs -6.5%），COPT DEFENSE PROPERTIES自由现金流更多（$288.9M vs $-4.3M），过去两年COPT DEFENSE PROPERTIES的营收复合增速更高（1.1% vs 0.5%）
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。
福雷斯特研究公司是一家全球领先的研究咨询机构，主营业务涵盖行业研究、管理咨询与行业峰会举办，客户群体包括全球大型企业、科技公司与消费领域领军企业，公司总部位于美国马萨诸塞州剑桥市。
CDP vs FORR — 直观对比
营收规模更大
CDP
是对方的2.0倍
$101.1M
营收增速更快
CDP
高出14.1%
-6.5%
净利率更高
CDP
高出53.5%
-33.5%
自由现金流更多
CDP
多$293.1M
$-4.3M
两年增速更快
CDP
近两年复合增速
0.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $197.4M | $101.1M |
| 净利润 | $39.4M | $-33.9M |
| 毛利率 | — | 56.7% |
| 营业利润率 | 19.9% | -36.6% |
| 净利率 | 20.0% | -33.5% |
| 营收同比 | 7.6% | -6.5% |
| 净利润同比 | 8.0% | -7941.4% |
| 每股收益（稀释后） | $0.32 | $-1.75 |
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CDPFORR
| Q4 25 | $197.4M | $101.1M | ||
| Q3 25 | $188.8M | $94.3M | ||
| Q2 25 | $189.9M | $111.7M | ||
| Q1 25 | $187.9M | $89.9M | ||
| Q4 24 | $183.4M | $108.0M | ||
| Q3 24 | $189.2M | $102.5M | ||
| Q2 24 | $187.3M | $121.8M | ||
| Q1 24 | $193.3M | $100.1M |
净利润CDPFORR
| Q4 25 | $39.4M | $-33.9M | ||
| Q3 25 | $43.7M | $-2.1M | ||
| Q2 25 | $40.2M | $3.9M | ||
| Q1 25 | $36.2M | $-87.3M | ||
| Q4 24 | $36.5M | $432.0K | ||
| Q3 24 | $37.4M | $-5.8M | ||
| Q2 24 | $36.4M | $6.3M | ||
| Q1 24 | $33.7M | $-6.7M |
毛利率CDPFORR
| Q4 25 | — | 56.7% | ||
| Q3 25 | — | 60.0% | ||
| Q2 25 | — | 55.5% | ||
| Q1 25 | — | 55.9% | ||
| Q4 24 | — | 58.8% | ||
| Q3 24 | — | 60.5% | ||
| Q2 24 | — | 57.3% | ||
| Q1 24 | — | 54.9% |
营业利润率CDPFORR
| Q4 25 | 19.9% | -36.6% | ||
| Q3 25 | 22.5% | 4.7% | ||
| Q2 25 | 21.0% | 6.2% | ||
| Q1 25 | 19.1% | -97.5% | ||
| Q4 24 | 19.7% | -0.5% | ||
| Q3 24 | 19.8% | -0.7% | ||
| Q2 24 | 19.4% | 9.3% | ||
| Q1 24 | 17.5% | -9.3% |
净利率CDPFORR
| Q4 25 | 20.0% | -33.5% | ||
| Q3 25 | 23.2% | -2.3% | ||
| Q2 25 | 21.1% | 3.5% | ||
| Q1 25 | 19.3% | -97.1% | ||
| Q4 24 | 19.9% | 0.4% | ||
| Q3 24 | 19.8% | -5.7% | ||
| Q2 24 | 19.4% | 5.2% | ||
| Q1 24 | 17.4% | -6.7% |
每股收益（稀释后）CDPFORR
| Q4 25 | $0.32 | $-1.75 | ||
| Q3 25 | $0.37 | $-0.11 | ||
| Q2 25 | $0.34 | $0.20 | ||
| Q1 25 | $0.31 | $-4.62 | ||
| Q4 24 | $0.31 | $0.02 | ||
| Q3 24 | $0.32 | $-0.30 | ||
| Q2 24 | $0.31 | $0.33 | ||
| Q1 24 | $0.29 | $-0.35 |
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 | $63.3M |
| 总债务越低越好 | $2.8B | — |
| 股东权益账面价值 | $1.5B | $126.5M |
| 总资产 | $4.7B | $404.0M |
| 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CDPFORR
| Q4 25 | $275.0M | $63.3M | ||
| Q3 25 | $23.7M | $65.1M | ||
| Q2 25 | $21.3M | $67.8M | ||
| Q1 25 | $24.3M | $75.6M | ||
| Q4 24 | $38.3M | $56.1M | ||
| Q3 24 | $34.5M | $62.8M | ||
| Q2 24 | $100.4M | $58.9M | ||
| Q1 24 | $123.1M | $61.4M |
总债务CDPFORR
| 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CDPFORR
| Q4 25 | $1.5B | $126.5M | ||
| Q3 25 | $1.5B | $157.7M | ||
| Q2 25 | $1.5B | $159.5M | ||
| Q1 25 | $1.5B | $147.4M | ||
| Q4 24 | $1.5B | $229.5M | ||
| Q3 24 | $1.5B | $234.3M | ||
| Q2 24 | $1.5B | $237.1M | ||
| Q1 24 | $1.5B | $230.9M |
总资产CDPFORR
| Q4 25 | $4.7B | $404.0M | ||
| Q3 25 | $4.4B | $414.2M | ||
| Q2 25 | $4.3B | $436.0M | ||
| Q1 25 | $4.3B | $439.8M | ||
| Q4 24 | $4.3B | $503.9M | ||
| Q3 24 | $4.2B | $505.3M | ||
| Q2 24 | $4.2B | $524.2M | ||
| Q1 24 | $4.2B | $555.7M |
负债/权益比CDPFORR
| 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 | $-3.2M |
| 自由现金流经营现金流 - 资本支出 | $288.9M | $-4.3M |
| 自由现金流率自由现金流/营收 | 146.4% | -4.2% |
| 资本支出强度资本支出/营收 | 10.7% | 1.1% |
| 现金转化率经营现金流/净利润 | 7.87× | — |
| 过去12个月自由现金流最近4个季度 | $501.5M | $18.1M |
8季度趋势，按日历期对齐
经营现金流CDPFORR
| Q4 25 | $309.9M | $-3.2M | ||
| Q3 25 | $68.6M | $1.2M | ||
| Q2 25 | $87.9M | $-3.6M | ||
| Q1 25 | $72.1M | $26.7M | ||
| Q4 24 | $331.0M | $-1.8M | ||
| Q3 24 | $65.1M | $264.0K | ||
| Q2 24 | $93.8M | $-2.9M | ||
| Q1 24 | $71.0M | $611.0K |
自由现金流CDPFORR
| Q4 25 | $288.9M | $-4.3M | ||
| Q3 25 | $62.9M | $524.0K | ||
| Q2 25 | $84.5M | $-4.2M | ||
| Q1 25 | $65.1M | $26.1M | ||
| Q4 24 | $299.6M | $-2.5M | ||
| Q3 24 | $61.0M | $-223.0K | ||
| Q2 24 | $88.4M | $-3.7M | ||
| Q1 24 | $57.9M | $-815.0K |
自由现金流率CDPFORR
| Q4 25 | 146.4% | -4.2% | ||
| Q3 25 | 33.3% | 0.6% | ||
| Q2 25 | 44.5% | -3.8% | ||
| Q1 25 | 34.7% | 29.0% | ||
| Q4 24 | 163.3% | -2.3% | ||
| Q3 24 | 32.3% | -0.2% | ||
| Q2 24 | 47.2% | -3.1% | ||
| Q1 24 | 30.0% | -0.8% |
资本支出强度CDPFORR
| Q4 25 | 10.7% | 1.1% | ||
| Q3 25 | 3.0% | 0.7% | ||
| Q2 25 | 1.8% | 0.5% | ||
| Q1 25 | 3.7% | 0.7% | ||
| Q4 24 | 17.1% | 0.6% | ||
| Q3 24 | 2.1% | 0.5% | ||
| Q2 24 | 2.9% | 0.7% | ||
| Q1 24 | 6.8% | 1.4% |
现金转化率CDPFORR
| Q4 25 | 7.87× | — | ||
| Q3 25 | 1.57× | — | ||
| Q2 25 | 2.19× | -0.93× | ||
| Q1 25 | 1.99× | — | ||
| Q4 24 | 9.08× | -4.24× | ||
| Q3 24 | 1.74× | — | ||
| Q2 24 | 2.58× | -0.46× | ||
| Q1 24 | 2.11× | — |
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
FORR
| Research Segment | $82.2M | 81% |
| Consulting Segment | $16.2M | 16% |
| Billable Expenses | $1.5M | 2% |
| Professional Services | $1.4M | 1% |
