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COPT DEFENSE PROPERTIES（CDP）与MARCUS CORP（MCS）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MARCUS CORP的1.0倍（$197.4M vs $193.5M），COPT DEFENSE PROPERTIES同比增速更快（7.6% vs 2.8%），COPT DEFENSE PROPERTIES自由现金流更多（$288.9M vs $26.4M），过去两年MARCUS CORP的营收复合增速更高（18.2% 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。
马库斯公司是一家美国企业，主营商业地产领域相关服务，业务覆盖美国与加拿大，提供商业地产经纪、按揭经纪、行业研究以及咨询服务，首创了由单一经纪公司独家代理房源挂牌的行业模式，目前在美加两国设有超过80家办公室，拥有员工超1800名。
CDP vs MCS — 直观对比
营收规模更大
CDP
是对方的1.0倍
$193.5M
营收增速更快
CDP
高出4.8%
2.8%
自由现金流更多
CDP
多$262.5M
$26.4M
两年增速更快
MCS
近两年复合增速
1.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $197.4M | $193.5M |
| 净利润 | $39.4M | — |
| 毛利率 | — | — |
| 营业利润率 | 19.9% | 0.9% |
| 净利率 | 20.0% | — |
| 营收同比 | 7.6% | 2.8% |
| 净利润同比 | 8.0% | — |
| 每股收益（稀释后） | $0.32 | — |
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CDPMCS
| Q4 25 | $197.4M | $193.5M | ||
| Q3 25 | $188.8M | $210.2M | ||
| Q2 25 | $189.9M | $206.0M | ||
| Q1 25 | $187.9M | $148.8M | ||
| Q4 24 | $183.4M | $188.3M | ||
| Q3 24 | $189.2M | $232.7M | ||
| Q2 24 | $187.3M | $176.0M | ||
| Q1 24 | $193.3M | $138.5M |
净利润CDPMCS
| Q4 25 | $39.4M | — | ||
| Q3 25 | $43.7M | $16.2M | ||
| Q2 25 | $40.2M | $7.3M | ||
| Q1 25 | $36.2M | $-16.8M | ||
| Q4 24 | $36.5M | $986.0K | ||
| Q3 24 | $37.4M | $23.3M | ||
| Q2 24 | $36.4M | $-20.2M | ||
| Q1 24 | $33.7M | $-11.9M |
营业利润率CDPMCS
| Q4 25 | 19.9% | 0.9% | ||
| Q3 25 | 22.5% | 10.8% | ||
| Q2 25 | 21.0% | 6.3% | ||
| Q1 25 | 19.1% | -13.7% | ||
| Q4 24 | 19.7% | -1.2% | ||
| Q3 24 | 19.8% | 14.1% | ||
| Q2 24 | 19.4% | 1.3% | ||
| Q1 24 | 17.5% | -12.0% |
净利率CDPMCS
| Q4 25 | 20.0% | — | ||
| Q3 25 | 23.2% | 7.7% | ||
| Q2 25 | 21.1% | 3.6% | ||
| Q1 25 | 19.3% | -11.3% | ||
| Q4 24 | 19.9% | 0.5% | ||
| Q3 24 | 19.8% | 10.0% | ||
| Q2 24 | 19.4% | -11.5% | ||
| Q1 24 | 17.4% | -8.6% |
每股收益（稀释后）CDPMCS
| Q4 25 | $0.32 | — | ||
| Q3 25 | $0.37 | — | ||
| Q2 25 | $0.34 | — | ||
| Q1 25 | $0.31 | — | ||
| Q4 24 | $0.31 | — | ||
| Q3 24 | $0.32 | — | ||
| Q2 24 | $0.31 | — | ||
| Q1 24 | $0.29 | — |
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 | $23.4M |
| 总债务越低越好 | $2.8B | $159.0M |
| 股东权益账面价值 | $1.5B | $457.4M |
| 总资产 | $4.7B | $1.0B |
| 负债/权益比越低杠杆越低 | 1.83× | 0.35× |
8季度趋势，按日历期对齐
现金及短期投资CDPMCS
| Q4 25 | $275.0M | $23.4M | ||
| Q3 25 | $23.7M | $7.4M | ||
| Q2 25 | $21.3M | $14.9M | ||
| Q1 25 | $24.3M | $11.9M | ||
| Q4 24 | $38.3M | $40.8M | ||
| Q3 24 | $34.5M | $28.4M | ||
| Q2 24 | $100.4M | $32.8M | ||
| Q1 24 | $123.1M | $17.3M |
总债务CDPMCS
| Q4 25 | $2.8B | $159.0M | ||
| Q3 25 | $2.4B | $162.0M | ||
| Q2 25 | $2.4B | $179.9M | ||
| Q1 25 | $2.4B | $198.9M | ||
| Q4 24 | $2.4B | $159.1M | ||
| Q3 24 | $2.4B | $173.1M | ||
| Q2 24 | $2.4B | $175.7M | ||
| Q1 24 | $2.4B | $169.8M |
股东权益CDPMCS
| Q4 25 | $1.5B | $457.4M | ||
| Q3 25 | $1.5B | $454.3M | ||
| Q2 25 | $1.5B | $448.4M | ||
| Q1 25 | $1.5B | $441.8M | ||
| Q4 24 | $1.5B | $464.9M | ||
| Q3 24 | $1.5B | $462.3M | ||
| Q2 24 | $1.5B | $449.4M | ||
| Q1 24 | $1.5B | $459.3M |
总资产CDPMCS
| Q4 25 | $4.7B | $1.0B | ||
| Q3 25 | $4.4B | $1.0B | ||
| Q2 25 | $4.3B | $1.0B | ||
| Q1 25 | $4.3B | $1.0B | ||
| Q4 24 | $4.3B | $1.0B | ||
| Q3 24 | $4.2B | $1.0B | ||
| Q2 24 | $4.2B | $1.1B | ||
| Q1 24 | $4.2B | $1.0B |
负债/权益比CDPMCS
| Q4 25 | 1.83× | 0.35× | ||
| Q3 25 | 1.62× | 0.36× | ||
| Q2 25 | 1.63× | 0.40× | ||
| Q1 25 | 1.62× | 0.45× | ||
| Q4 24 | 1.60× | 0.34× | ||
| Q3 24 | 1.61× | 0.37× | ||
| Q2 24 | 1.61× | 0.39× | ||
| Q1 24 | 1.63× | 0.37× |
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 | $48.8M |
| 自由现金流经营现金流 - 资本支出 | $288.9M | $26.4M |
| 自由现金流率自由现金流/营收 | 146.4% | 13.6% |
| 资本支出强度资本支出/营收 | 10.7% | 11.6% |
| 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 | $989.0K |
8季度趋势，按日历期对齐
经营现金流CDPMCS
| Q4 25 | $309.9M | $48.8M | ||
| Q3 25 | $68.6M | $39.1M | ||
| Q2 25 | $87.9M | $31.6M | ||
| Q1 25 | $72.1M | $-35.3M | ||
| Q4 24 | $331.0M | $52.6M | ||
| Q3 24 | $65.1M | $30.5M | ||
| Q2 24 | $93.8M | $36.0M | ||
| Q1 24 | $71.0M | $-15.1M |
自由现金流CDPMCS
| Q4 25 | $288.9M | $26.4M | ||
| Q3 25 | $62.9M | $18.2M | ||
| Q2 25 | $84.5M | $14.7M | ||
| Q1 25 | $65.1M | $-58.3M | ||
| Q4 24 | $299.6M | $27.1M | ||
| Q3 24 | $61.0M | $12.0M | ||
| Q2 24 | $88.4M | $16.1M | ||
| Q1 24 | $57.9M | $-30.5M |
自由现金流率CDPMCS
| Q4 25 | 146.4% | 13.6% | ||
| Q3 25 | 33.3% | 8.7% | ||
| Q2 25 | 44.5% | 7.1% | ||
| Q1 25 | 34.7% | -39.2% | ||
| Q4 24 | 163.3% | 14.4% | ||
| Q3 24 | 32.3% | 5.2% | ||
| Q2 24 | 47.2% | 9.2% | ||
| Q1 24 | 30.0% | -22.0% |
资本支出强度CDPMCS
| Q4 25 | 10.7% | 11.6% | ||
| Q3 25 | 3.0% | 9.9% | ||
| Q2 25 | 1.8% | 8.2% | ||
| Q1 25 | 3.7% | 15.5% | ||
| Q4 24 | 17.1% | 13.5% | ||
| Q3 24 | 2.1% | 7.9% | ||
| Q2 24 | 2.9% | 11.3% | ||
| Q1 24 | 6.8% | 11.1% |
现金转化率CDPMCS
| Q4 25 | 7.87× | — | ||
| Q3 25 | 1.57× | 2.41× | ||
| Q2 25 | 2.19× | 4.32× | ||
| Q1 25 | 1.99× | — | ||
| Q4 24 | 9.08× | 53.31× | ||
| Q3 24 | 1.74× | 1.31× | ||
| Q2 24 | 2.58× | — | ||
| 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
MCS
| Theatres | $123.1M | 64% |
| Concessions | $51.0M | 26% |
| Food And Beverage | $21.2M | 11% |
