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COPT DEFENSE PROPERTIES（CDP）与KADANT INC（KAI）财务数据对比。点击上方公司名可切换其他公司
KADANT INC的季度营收约是COPT DEFENSE PROPERTIES的1.4倍（$271.6M vs $197.4M），COPT DEFENSE PROPERTIES净利率更高（20.0% vs 10.2%，领先9.8%），COPT DEFENSE PROPERTIES同比增速更快（7.6% vs -0.0%），COPT DEFENSE PROPERTIES自由现金流更多（$288.9M vs $44.1M），过去两年KADANT INC的营收复合增速更高（6.7% 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。
Kadant Inc.创立于1991年，最初是Thermo Electron的子公司，部分股权私有、部分公开交易，2001年完成完全分拆并启用现名。公司服务于造纸、废纸回收、木材加工、物料搬运等多个加工领域，是业务覆盖亚洲、欧洲、北美、南美的跨国企业。
CDP vs KAI — 直观对比
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $197.4M | $271.6M |
| 净利润 | $39.4M | $27.7M |
| 毛利率 | — | 45.2% |
| 营业利润率 | 19.9% | 15.7% |
| 净利率 | 20.0% | 10.2% |
| 营收同比 | 7.6% | -0.0% |
| 净利润同比 | 8.0% | -12.2% |
| 每股收益（稀释后） | $0.32 | $2.35 |
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 | — | ||
| Q3 25 | $188.8M | $271.6M | ||
| Q2 25 | $189.9M | $255.3M | ||
| Q1 25 | $187.9M | $239.2M | ||
| Q4 24 | $183.4M | $258.0M | ||
| Q3 24 | $189.2M | $271.6M | ||
| Q2 24 | $187.3M | $274.8M | ||
| Q1 24 | $193.3M | $249.0M |
| Q4 25 | $39.4M | — | ||
| Q3 25 | $43.7M | $27.7M | ||
| Q2 25 | $40.2M | $26.2M | ||
| Q1 25 | $36.2M | $24.1M | ||
| Q4 24 | $36.5M | $24.0M | ||
| Q3 24 | $37.4M | $31.6M | ||
| Q2 24 | $36.4M | $31.3M | ||
| Q1 24 | $33.7M | $24.7M |
| Q4 25 | — | — | ||
| Q3 25 | — | 45.2% | ||
| Q2 25 | — | 45.9% | ||
| Q1 25 | — | 46.1% | ||
| Q4 24 | — | 43.4% | ||
| Q3 24 | — | 44.7% | ||
| Q2 24 | — | 44.4% | ||
| Q1 24 | — | 44.6% |
| Q4 25 | 19.9% | — | ||
| Q3 25 | 22.5% | 15.7% | ||
| Q2 25 | 21.0% | 15.4% | ||
| Q1 25 | 19.1% | 14.9% | ||
| Q4 24 | 19.7% | 14.3% | ||
| Q3 24 | 19.8% | 18.0% | ||
| Q2 24 | 19.4% | 17.6% | ||
| Q1 24 | 17.5% | 14.8% |
| Q4 25 | 20.0% | — | ||
| Q3 25 | 23.2% | 10.2% | ||
| Q2 25 | 21.1% | 10.2% | ||
| Q1 25 | 19.3% | 10.1% | ||
| Q4 24 | 19.9% | 9.3% | ||
| Q3 24 | 19.8% | 11.6% | ||
| Q2 24 | 19.4% | 11.4% | ||
| Q1 24 | 17.4% | 9.9% |
| Q4 25 | $0.32 | — | ||
| Q3 25 | $0.37 | $2.35 | ||
| Q2 25 | $0.34 | $2.22 | ||
| Q1 25 | $0.31 | $2.04 | ||
| Q4 24 | $0.31 | $2.04 | ||
| Q3 24 | $0.32 | $2.68 | ||
| Q2 24 | $0.31 | $2.66 | ||
| Q1 24 | $0.29 | $2.10 |
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 | $124.5M |
| 总债务越低越好 | $2.8B | $254.6M |
| 股东权益账面价值 | $1.5B | $949.8M |
| 总资产 | $4.7B | $1.5B |
| 负债/权益比越低杠杆越低 | 1.83× | 0.27× |
8季度趋势，按日历期对齐
| Q4 25 | $275.0M | — | ||
| Q3 25 | $23.7M | $124.5M | ||
| Q2 25 | $21.3M | $95.3M | ||
| Q1 25 | $24.3M | $91.7M | ||
| Q4 24 | $38.3M | $94.7M | ||
| Q3 24 | $34.5M | $88.4M | ||
| Q2 24 | $100.4M | $73.8M | ||
| Q1 24 | $123.1M | $81.4M |
| Q4 25 | $2.8B | — | ||
| Q3 25 | $2.4B | $254.6M | ||
| Q2 25 | $2.4B | $245.7M | ||
| Q1 25 | $2.4B | $273.5M | ||
| Q4 24 | $2.4B | $285.2M | ||
| Q3 24 | $2.4B | $323.2M | ||
| Q2 24 | $2.4B | $342.0M | ||
| Q1 24 | $2.4B | $306.8M |
| Q4 25 | $1.5B | — | ||
| Q3 25 | $1.5B | $949.8M | ||
| Q2 25 | $1.5B | $926.0M | ||
| Q1 25 | $1.5B | $876.0M | ||
| Q4 24 | $1.5B | $847.1M | ||
| Q3 24 | $1.5B | $851.7M | ||
| Q2 24 | $1.5B | $807.7M | ||
| Q1 24 | $1.5B | $782.7M |
| Q4 25 | $4.7B | — | ||
| Q3 25 | $4.4B | $1.5B | ||
| Q2 25 | $4.3B | $1.5B | ||
| Q1 25 | $4.3B | $1.4B | ||
| Q4 24 | $4.3B | $1.4B | ||
| Q3 24 | $4.2B | $1.5B | ||
| Q2 24 | $4.2B | $1.5B | ||
| Q1 24 | $4.2B | $1.4B |
| Q4 25 | 1.83× | — | ||
| Q3 25 | 1.62× | 0.27× | ||
| Q2 25 | 1.63× | 0.27× | ||
| Q1 25 | 1.62× | 0.31× | ||
| Q4 24 | 1.60× | 0.34× | ||
| Q3 24 | 1.61× | 0.38× | ||
| Q2 24 | 1.61× | 0.42× | ||
| Q1 24 | 1.63× | 0.39× |
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 | $47.3M |
| 自由现金流经营现金流 - 资本支出 | $288.9M | $44.1M |
| 自由现金流率自由现金流/营收 | 146.4% | 16.2% |
| 资本支出强度资本支出/营收 | 10.7% | 1.2% |
| 现金转化率经营现金流/净利润 | 7.87× | 1.70× |
| 过去12个月自由现金流最近4个季度 | $501.5M | $145.9M |
8季度趋势，按日历期对齐
| Q4 25 | $309.9M | — | ||
| Q3 25 | $68.6M | $47.3M | ||
| Q2 25 | $87.9M | $40.5M | ||
| Q1 25 | $72.1M | $22.8M | ||
| Q4 24 | $331.0M | $51.9M | ||
| Q3 24 | $65.1M | $52.5M | ||
| Q2 24 | $93.8M | $28.1M | ||
| Q1 24 | $71.0M | $22.8M |
| Q4 25 | $288.9M | — | ||
| Q3 25 | $62.9M | $44.1M | ||
| Q2 25 | $84.5M | $36.5M | ||
| Q1 25 | $65.1M | $19.0M | ||
| Q4 24 | $299.6M | $46.3M | ||
| Q3 24 | $61.0M | $48.3M | ||
| Q2 24 | $88.4M | $23.1M | ||
| Q1 24 | $57.9M | $16.6M |
| Q4 25 | 146.4% | — | ||
| Q3 25 | 33.3% | 16.2% | ||
| Q2 25 | 44.5% | 14.3% | ||
| Q1 25 | 34.7% | 7.9% | ||
| Q4 24 | 163.3% | 17.9% | ||
| Q3 24 | 32.3% | 17.8% | ||
| Q2 24 | 47.2% | 8.4% | ||
| Q1 24 | 30.0% | 6.7% |
| Q4 25 | 10.7% | — | ||
| Q3 25 | 3.0% | 1.2% | ||
| Q2 25 | 1.8% | 1.6% | ||
| Q1 25 | 3.7% | 1.6% | ||
| Q4 24 | 17.1% | 2.2% | ||
| Q3 24 | 2.1% | 1.5% | ||
| Q2 24 | 2.9% | 1.8% | ||
| Q1 24 | 6.8% | 2.5% |
| Q4 25 | 7.87× | — | ||
| Q3 25 | 1.57× | 1.70× | ||
| Q2 25 | 2.19× | 1.55× | ||
| Q1 25 | 1.99× | 0.95× | ||
| Q4 24 | 9.08× | 2.16× | ||
| Q3 24 | 1.74× | 1.66× | ||
| Q2 24 | 2.58× | 0.90× | ||
| Q1 24 | 2.11× | 0.92× |
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
KAI
| Flow Control | $94.8M | 35% |
| Capital | $83.2M | 31% |
| Material Handling Systems | $70.3M | 26% |
| Transferred Over Time | $17.1M | 6% |
| Other | $6.1M | 2% |
