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COPT DEFENSE PROPERTIES（CDP）与Piedmont Realty Trust, Inc.（PDM）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Piedmont Realty Trust, Inc.的1.4倍（$197.4M vs $143.3M），COPT DEFENSE PROPERTIES净利率更高（20.0% vs -31.4%，领先51.4%），COPT DEFENSE PROPERTIES同比增速更快（7.6% vs 0.4%），过去两年COPT DEFENSE PROPERTIES的营收复合增速更高（1.1% vs 0.0%）
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。
Piedmont Realty Trust是一家公开上市的房地产投资信托（REIT），主要持有、运营和投资美国高增长大都会区的优质写字楼资产，服务科技、专业服务、医疗等多个行业的企业租户，通过战略资产管理和投资组合优化为利益相关方提供稳定长期回报。
CDP vs PDM — 直观对比
营收规模更大
CDP
是对方的1.4倍
$143.3M
营收增速更快
CDP
高出7.2%
0.4%
净利率更高
CDP
高出51.4%
-31.4%
两年增速更快
CDP
近两年复合增速
0.0%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $197.4M | $143.3M |
| 净利润 | $39.4M | $-45.0M |
| 毛利率 | — | — |
| 营业利润率 | 19.9% | — |
| 净利率 | 20.0% | -31.4% |
| 营收同比 | 7.6% | 0.4% |
| 净利润同比 | 8.0% | -27.9% |
| 每股收益（稀释后） | $0.32 | $-0.10 |
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CDPPDM
| Q1 26 | — | $143.3M | ||
| Q4 25 | $197.4M | $142.9M | ||
| Q3 25 | $188.8M | $139.2M | ||
| Q2 25 | $189.9M | $140.3M | ||
| Q1 25 | $187.9M | $142.7M | ||
| Q4 24 | $183.4M | $143.2M | ||
| Q3 24 | $189.2M | $139.3M | ||
| Q2 24 | $187.3M | $143.3M |
净利润CDPPDM
| Q1 26 | — | $-45.0M | ||
| Q4 25 | $39.4M | $-43.2M | ||
| Q3 25 | $43.7M | $-13.5M | ||
| Q2 25 | $40.2M | $-16.8M | ||
| Q1 25 | $36.2M | $-10.1M | ||
| Q4 24 | $36.5M | $-30.0M | ||
| Q3 24 | $37.4M | $-11.5M | ||
| Q2 24 | $36.4M | $-9.8M |
营业利润率CDPPDM
| Q1 26 | — | — | ||
| Q4 25 | 19.9% | — | ||
| Q3 25 | 22.5% | — | ||
| Q2 25 | 21.0% | — | ||
| Q1 25 | 19.1% | — | ||
| Q4 24 | 19.7% | — | ||
| Q3 24 | 19.8% | — | ||
| Q2 24 | 19.4% | — |
净利率CDPPDM
| Q1 26 | — | -31.4% | ||
| Q4 25 | 20.0% | -30.3% | ||
| Q3 25 | 23.2% | -9.7% | ||
| Q2 25 | 21.1% | -12.0% | ||
| Q1 25 | 19.3% | -7.1% | ||
| Q4 24 | 19.9% | -20.9% | ||
| Q3 24 | 19.8% | -8.3% | ||
| Q2 24 | 19.4% | -6.8% |
每股收益（稀释后）CDPPDM
| Q1 26 | — | $-0.10 | ||
| Q4 25 | $0.32 | $-0.34 | ||
| Q3 25 | $0.37 | $-0.11 | ||
| Q2 25 | $0.34 | $-0.14 | ||
| Q1 25 | $0.31 | $-0.08 | ||
| Q4 24 | $0.31 | $-0.25 | ||
| Q3 24 | $0.32 | $-0.09 | ||
| Q2 24 | $0.31 | $-0.08 |
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 | $2.3M |
| 总债务越低越好 | $2.8B | — |
| 股东权益账面价值 | $1.5B | $1.5B |
| 总资产 | $4.7B | $4.0B |
| 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CDPPDM
| Q1 26 | — | $2.3M | ||
| Q4 25 | $275.0M | $731.0K | ||
| Q3 25 | $23.7M | $3.0M | ||
| Q2 25 | $21.3M | $3.3M | ||
| Q1 25 | $24.3M | $2.9M | ||
| Q4 24 | $38.3M | $109.6M | ||
| Q3 24 | $34.5M | $133.6M | ||
| Q2 24 | $100.4M | $138.5M |
总债务CDPPDM
| Q1 26 | — | — | ||
| Q4 25 | $2.8B | $2.2B | ||
| Q3 25 | $2.4B | $2.2B | ||
| Q2 25 | $2.4B | $2.2B | ||
| Q1 25 | $2.4B | $2.2B | ||
| Q4 24 | $2.4B | $2.2B | ||
| Q3 24 | $2.4B | $2.2B | ||
| Q2 24 | $2.4B | $2.2B |
股东权益CDPPDM
| Q1 26 | — | $1.5B | ||
| Q4 25 | $1.5B | $1.5B | ||
| Q3 25 | $1.5B | $1.5B | ||
| Q2 25 | $1.5B | $1.5B | ||
| Q1 25 | $1.5B | $1.6B | ||
| Q4 24 | $1.5B | $1.6B | ||
| Q3 24 | $1.5B | $1.6B | ||
| Q2 24 | $1.5B | $1.7B |
总资产CDPPDM
| Q1 26 | — | $4.0B | ||
| Q4 25 | $4.7B | $4.0B | ||
| Q3 25 | $4.4B | $4.0B | ||
| Q2 25 | $4.3B | $4.0B | ||
| Q1 25 | $4.3B | $4.0B | ||
| Q4 24 | $4.3B | $4.1B | ||
| Q3 24 | $4.2B | $4.1B | ||
| Q2 24 | $4.2B | $4.2B |
负债/权益比CDPPDM
| Q1 26 | — | — | ||
| Q4 25 | 1.83× | 1.49× | ||
| Q3 25 | 1.62× | 1.43× | ||
| Q2 25 | 1.63× | 1.41× | ||
| Q1 25 | 1.62× | 1.40× | ||
| Q4 24 | 1.60× | 1.40× | ||
| Q3 24 | 1.61× | 1.36× | ||
| Q2 24 | 1.61× | 1.34× |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $288.9M | — |
| 自由现金流率自由现金流/营收 | 146.4% | — |
| 资本支出强度资本支出/营收 | 10.7% | 110.3% |
| 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 | — |
8季度趋势，按日历期对齐
经营现金流CDPPDM
| Q1 26 | — | — | ||
| Q4 25 | $309.9M | $140.6M | ||
| Q3 25 | $68.6M | $35.8M | ||
| Q2 25 | $87.9M | $50.1M | ||
| Q1 25 | $72.1M | $3.7M | ||
| Q4 24 | $331.0M | $198.1M | ||
| Q3 24 | $65.1M | $42.9M | ||
| Q2 24 | $93.8M | $66.8M |
自由现金流CDPPDM
| Q1 26 | — | — | ||
| Q4 25 | $288.9M | — | ||
| Q3 25 | $62.9M | — | ||
| Q2 25 | $84.5M | — | ||
| Q1 25 | $65.1M | — | ||
| Q4 24 | $299.6M | — | ||
| Q3 24 | $61.0M | — | ||
| Q2 24 | $88.4M | — |
自由现金流率CDPPDM
| Q1 26 | — | — | ||
| Q4 25 | 146.4% | — | ||
| Q3 25 | 33.3% | — | ||
| Q2 25 | 44.5% | — | ||
| Q1 25 | 34.7% | — | ||
| Q4 24 | 163.3% | — | ||
| Q3 24 | 32.3% | — | ||
| Q2 24 | 47.2% | — |
资本支出强度CDPPDM
| Q1 26 | — | 110.3% | ||
| Q4 25 | 10.7% | — | ||
| Q3 25 | 3.0% | — | ||
| Q2 25 | 1.8% | — | ||
| Q1 25 | 3.7% | — | ||
| Q4 24 | 17.1% | — | ||
| Q3 24 | 2.1% | — | ||
| Q2 24 | 2.9% | — |
现金转化率CDPPDM
| Q1 26 | — | — | ||
| Q4 25 | 7.87× | — | ||
| Q3 25 | 1.57× | — | ||
| Q2 25 | 2.19× | — | ||
| Q1 25 | 1.99× | — | ||
| Q4 24 | 9.08× | — | ||
| Q3 24 | 1.74× | — | ||
| Q2 24 | 2.58× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
