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COPT DEFENSE PROPERTIES（CDP）与MACOM Technology Solutions Holdings, Inc.（MTSI）财务数据对比。点击上方公司名可切换其他公司
MACOM Technology Solutions Holdings, 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 18.0%，领先2.0%），MACOM Technology Solutions Holdings, Inc.同比增速更快（24.5% vs 7.6%），COPT DEFENSE PROPERTIES自由现金流更多（$288.9M vs $30.0M），过去两年MACOM Technology Solutions Holdings, Inc.的营收复合增速更高（22.4% 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。
MACOM是美国知名的射频、微波及毫米波半导体器件与组件研发生产商，总部位于马萨诸塞州洛厄尔，2005年曾是当地规模最大的私营雇主。公司已通过ISO9001国际质量体系认证及ISO14001环境管理体系认证，在北美、欧洲、亚洲及澳大利亚均设有设计中心与销售办事处。
CDP vs MTSI — 直观对比
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $197.4M | $271.6M |
| 净利润 | $39.4M | $48.8M |
| 毛利率 | — | 55.9% |
| 营业利润率 | 19.9% | 15.9% |
| 净利率 | 20.0% | 18.0% |
| 营收同比 | 7.6% | 24.5% |
| 净利润同比 | 8.0% | 129.1% |
| 每股收益（稀释后） | $0.32 | $0.64 |
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
| Q1 26 | — | $271.6M | ||
| Q4 25 | $197.4M | $261.2M | ||
| Q3 25 | $188.8M | $252.1M | ||
| Q2 25 | $189.9M | $235.9M | ||
| Q1 25 | $187.9M | $218.1M | ||
| Q4 24 | $183.4M | — | ||
| Q3 24 | $189.2M | $200.7M | ||
| Q2 24 | $187.3M | $190.5M |
| Q1 26 | — | $48.8M | ||
| Q4 25 | $39.4M | $45.1M | ||
| Q3 25 | $43.7M | $36.5M | ||
| Q2 25 | $40.2M | $31.7M | ||
| Q1 25 | $36.2M | $-167.5M | ||
| Q4 24 | $36.5M | — | ||
| Q3 24 | $37.4M | $29.4M | ||
| Q2 24 | $36.4M | $19.9M |
| Q1 26 | — | 55.9% | ||
| Q4 25 | — | 54.5% | ||
| Q3 25 | — | 55.3% | ||
| Q2 25 | — | 55.2% | ||
| Q1 25 | — | 53.7% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 54.7% | ||
| Q2 24 | — | 53.2% |
| Q1 26 | — | 15.9% | ||
| Q4 25 | 19.9% | 15.2% | ||
| Q3 25 | 22.5% | 14.9% | ||
| Q2 25 | 21.0% | 14.8% | ||
| Q1 25 | 19.1% | 8.0% | ||
| Q4 24 | 19.7% | — | ||
| Q3 24 | 19.8% | 13.7% | ||
| Q2 24 | 19.4% | 10.4% |
| Q1 26 | — | 18.0% | ||
| Q4 25 | 20.0% | 17.3% | ||
| Q3 25 | 23.2% | 14.5% | ||
| Q2 25 | 21.1% | 13.4% | ||
| Q1 25 | 19.3% | -76.8% | ||
| Q4 24 | 19.9% | — | ||
| Q3 24 | 19.8% | 14.7% | ||
| Q2 24 | 19.4% | 10.5% |
| Q1 26 | — | $0.64 | ||
| Q4 25 | $0.32 | $0.67 | ||
| Q3 25 | $0.37 | $0.48 | ||
| Q2 25 | $0.34 | $0.42 | ||
| Q1 25 | $0.31 | $-2.30 | ||
| Q4 24 | $0.31 | — | ||
| Q3 24 | $0.32 | $0.40 | ||
| Q2 24 | $0.31 | $0.27 |
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 | $768.5M |
| 总债务越低越好 | $2.8B | — |
| 股东权益账面价值 | $1.5B | $1.4B |
| 总资产 | $4.7B | $2.1B |
| 负债/权益比越低杠杆越低 | 1.83× | — |
8季度趋势，按日历期对齐
| Q1 26 | — | $768.5M | ||
| Q4 25 | $275.0M | $786.0M | ||
| Q3 25 | $23.7M | $735.2M | ||
| Q2 25 | $21.3M | $681.5M | ||
| Q1 25 | $24.3M | $656.5M | ||
| Q4 24 | $38.3M | — | ||
| Q3 24 | $34.5M | $581.9M | ||
| Q2 24 | $100.4M | $521.5M |
| Q1 26 | — | — | ||
| 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 26 | — | $1.4B | ||
| Q4 25 | $1.5B | $1.3B | ||
| Q3 25 | $1.5B | $1.3B | ||
| Q2 25 | $1.5B | $1.2B | ||
| Q1 25 | $1.5B | $1.2B | ||
| Q4 24 | $1.5B | — | ||
| Q3 24 | $1.5B | $1.1B | ||
| Q2 24 | $1.5B | $1.1B |
| Q1 26 | — | $2.1B | ||
| Q4 25 | $4.7B | $2.1B | ||
| Q3 25 | $4.4B | $2.0B | ||
| Q2 25 | $4.3B | $1.9B | ||
| Q1 25 | $4.3B | $1.8B | ||
| Q4 24 | $4.3B | — | ||
| Q3 24 | $4.2B | $1.8B | ||
| Q2 24 | $4.2B | $1.7B |
| Q1 26 | — | — | ||
| 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× | — |
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 | $42.9M |
| 自由现金流经营现金流 - 资本支出 | $288.9M | $30.0M |
| 自由现金流率自由现金流/营收 | 146.4% | 11.0% |
| 资本支出强度资本支出/营收 | 10.7% | 4.8% |
| 现金转化率经营现金流/净利润 | 7.87× | 0.88× |
| 过去12个月自由现金流最近4个季度 | $501.5M | $161.5M |
8季度趋势，按日历期对齐
| Q1 26 | — | $42.9M | ||
| Q4 25 | $309.9M | $69.6M | ||
| Q3 25 | $68.6M | $60.4M | ||
| Q2 25 | $87.9M | $38.7M | ||
| Q1 25 | $72.1M | $66.7M | ||
| Q4 24 | $331.0M | — | ||
| Q3 24 | $65.1M | $62.3M | ||
| Q2 24 | $93.8M | $49.0M |
| Q1 26 | — | $30.0M | ||
| Q4 25 | $288.9M | $49.4M | ||
| Q3 25 | $62.9M | $51.6M | ||
| Q2 25 | $84.5M | $30.5M | ||
| Q1 25 | $65.1M | $61.3M | ||
| Q4 24 | $299.6M | — | ||
| Q3 24 | $61.0M | $57.1M | ||
| Q2 24 | $88.4M | $41.5M |
| Q1 26 | — | 11.0% | ||
| Q4 25 | 146.4% | 18.9% | ||
| Q3 25 | 33.3% | 20.5% | ||
| Q2 25 | 44.5% | 12.9% | ||
| Q1 25 | 34.7% | 28.1% | ||
| Q4 24 | 163.3% | — | ||
| Q3 24 | 32.3% | 28.5% | ||
| Q2 24 | 47.2% | 21.8% |
| Q1 26 | — | 4.8% | ||
| Q4 25 | 10.7% | 7.7% | ||
| Q3 25 | 3.0% | 3.5% | ||
| Q2 25 | 1.8% | 3.5% | ||
| Q1 25 | 3.7% | 2.4% | ||
| Q4 24 | 17.1% | — | ||
| Q3 24 | 2.1% | 2.6% | ||
| Q2 24 | 2.9% | 3.9% |
| Q1 26 | — | 0.88× | ||
| Q4 25 | 7.87× | 1.54× | ||
| Q3 25 | 1.57× | 1.65× | ||
| Q2 25 | 2.19× | 1.22× | ||
| Q1 25 | 1.99× | — | ||
| Q4 24 | 9.08× | — | ||
| Q3 24 | 1.74× | 2.12× | ||
| Q2 24 | 2.58× | 2.46× |
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
MTSI
| Industrial Defense | $117.7M | 43% |
| Data Center | $85.8M | 32% |
| Telecom | $68.1M | 25% |
