vs
COPT DEFENSE PROPERTIES（CDP）与通用动力（PLOW）财务数据对比。点击上方公司名可切换其他公司
COPT DEFENSE PROPERTIES的季度营收约是通用动力的1.1倍（$197.4M vs $184.5M），COPT DEFENSE PROPERTIES净利率更高（20.0% vs 7.0%，领先13.0%），通用动力同比增速更快（28.6% vs 7.6%），COPT DEFENSE PROPERTIES自由现金流更多（$288.9M vs $92.8M），过去两年通用动力的营收复合增速更高（38.9% 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。
通用动力公司是总部位于美国弗吉尼亚州雷斯顿的工业与科技企业，核心业务是研发制造各类先进军用装备，产品包括核潜艇、主战坦克、装甲战车等，同时也生产民用湾流公务机，并提供信息技术服务，是美国联邦政府前五大国防承包商之一。
CDP vs PLOW — 直观对比
营收规模更大
CDP
是对方的1.1倍
$184.5M
营收增速更快
PLOW
高出21.0%
7.6%
净利率更高
CDP
高出13.0%
7.0%
自由现金流更多
CDP
多$196.0M
$92.8M
两年增速更快
PLOW
近两年复合增速
1.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $197.4M | $184.5M |
| 净利润 | $39.4M | $12.8M |
| 毛利率 | — | 26.1% |
| 营业利润率 | 19.9% | 10.5% |
| 净利率 | 20.0% | 7.0% |
| 营收同比 | 7.6% | 28.6% |
| 净利润同比 | 8.0% | 62.3% |
| 每股收益（稀释后） | $0.32 | $0.54 |
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CDPPLOW
| Q4 25 | $197.4M | $184.5M | ||
| Q3 25 | $188.8M | $162.1M | ||
| Q2 25 | $189.9M | $194.3M | ||
| Q1 25 | $187.9M | $115.1M | ||
| Q4 24 | $183.4M | $143.5M | ||
| Q3 24 | $189.2M | $129.4M | ||
| Q2 24 | $187.3M | $199.9M | ||
| Q1 24 | $193.3M | $95.7M |
净利润CDPPLOW
| Q4 25 | $39.4M | $12.8M | ||
| Q3 25 | $43.7M | $8.0M | ||
| Q2 25 | $40.2M | $26.0M | ||
| Q1 25 | $36.2M | $148.0K | ||
| Q4 24 | $36.5M | $7.9M | ||
| Q3 24 | $37.4M | $32.3M | ||
| Q2 24 | $36.4M | $24.3M | ||
| Q1 24 | $33.7M | $-8.4M |
毛利率CDPPLOW
| Q4 25 | — | 26.1% | ||
| Q3 25 | — | 23.5% | ||
| Q2 25 | — | 31.0% | ||
| Q1 25 | — | 24.5% | ||
| Q4 24 | — | 24.9% | ||
| Q3 24 | — | 23.9% | ||
| Q2 24 | — | 30.7% | ||
| Q1 24 | — | 19.8% |
营业利润率CDPPLOW
| Q4 25 | 19.9% | 10.5% | ||
| Q3 25 | 22.5% | 8.7% | ||
| Q2 25 | 21.0% | 19.0% | ||
| Q1 25 | 19.1% | 2.8% | ||
| Q4 24 | 19.7% | 9.0% | ||
| Q3 24 | 19.8% | 35.4% | ||
| Q2 24 | 19.4% | 18.2% | ||
| Q1 24 | 17.5% | -6.7% |
净利率CDPPLOW
| Q4 25 | 20.0% | 7.0% | ||
| Q3 25 | 23.2% | 4.9% | ||
| Q2 25 | 21.1% | 13.4% | ||
| Q1 25 | 19.3% | 0.1% | ||
| Q4 24 | 19.9% | 5.5% | ||
| Q3 24 | 19.8% | 24.9% | ||
| Q2 24 | 19.4% | 12.2% | ||
| Q1 24 | 17.4% | -8.7% |
每股收益（稀释后）CDPPLOW
| Q4 25 | $0.32 | $0.54 | ||
| Q3 25 | $0.37 | $0.33 | ||
| Q2 25 | $0.34 | $1.09 | ||
| Q1 25 | $0.31 | $0.00 | ||
| Q4 24 | $0.31 | $0.35 | ||
| Q3 24 | $0.32 | $1.36 | ||
| Q2 24 | $0.31 | $1.02 | ||
| Q1 24 | $0.29 | $-0.37 |
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 | — |
| 总债务越低越好 | $2.8B | $144.0M |
| 股东权益账面价值 | $1.5B | $281.4M |
| 总资产 | $4.7B | $626.7M |
| 负债/权益比越低杠杆越低 | 1.83× | 0.51× |
8季度趋势，按日历期对齐
现金及短期投资CDPPLOW
| Q4 25 | $275.0M | — | ||
| Q3 25 | $23.7M | — | ||
| Q2 25 | $21.3M | — | ||
| Q1 25 | $24.3M | — | ||
| Q4 24 | $38.3M | — | ||
| Q3 24 | $34.5M | — | ||
| Q2 24 | $100.4M | — | ||
| Q1 24 | $123.1M | — |
总债务CDPPLOW
| Q4 25 | $2.8B | $144.0M | ||
| Q3 25 | $2.4B | — | ||
| Q2 25 | $2.4B | — | ||
| Q1 25 | $2.4B | — | ||
| Q4 24 | $2.4B | $147.5M | ||
| Q3 24 | $2.4B | — | ||
| Q2 24 | $2.4B | — | ||
| Q1 24 | $2.4B | — |
股东权益CDPPLOW
| Q4 25 | $1.5B | $281.4M | ||
| Q3 25 | $1.5B | $275.3M | ||
| Q2 25 | $1.5B | $273.3M | ||
| Q1 25 | $1.5B | $258.9M | ||
| Q4 24 | $1.5B | $264.2M | ||
| Q3 24 | $1.5B | $260.8M | ||
| Q2 24 | $1.5B | $236.7M | ||
| Q1 24 | $1.5B | $217.2M |
总资产CDPPLOW
| Q4 25 | $4.7B | $626.7M | ||
| Q3 25 | $4.4B | $694.9M | ||
| Q2 25 | $4.3B | $671.5M | ||
| Q1 25 | $4.3B | $621.0M | ||
| Q4 24 | $4.3B | $590.0M | ||
| Q3 24 | $4.2B | $665.6M | ||
| Q2 24 | $4.2B | $617.0M | ||
| Q1 24 | $4.2B | $577.1M |
负债/权益比CDPPLOW
| Q4 25 | 1.83× | 0.51× | ||
| Q3 25 | 1.62× | — | ||
| Q2 25 | 1.63× | — | ||
| Q1 25 | 1.62× | — | ||
| Q4 24 | 1.60× | 0.56× | ||
| 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 | $95.9M |
| 自由现金流经营现金流 - 资本支出 | $288.9M | $92.8M |
| 自由现金流率自由现金流/营收 | 146.4% | 50.3% |
| 资本支出强度资本支出/营收 | 10.7% | 1.7% |
| 现金转化率经营现金流/净利润 | 7.87× | 7.47× |
| 过去12个月自由现金流最近4个季度 | $501.5M | $63.6M |
8季度趋势，按日历期对齐
经营现金流CDPPLOW
| Q4 25 | $309.9M | $95.9M | ||
| Q3 25 | $68.6M | $-8.5M | ||
| Q2 25 | $87.9M | $-11.4M | ||
| Q1 25 | $72.1M | $-1.3M | ||
| Q4 24 | $331.0M | $74.4M | ||
| Q3 24 | $65.1M | $-14.2M | ||
| Q2 24 | $93.8M | $2.5M | ||
| Q1 24 | $71.0M | $-21.6M |
自由现金流CDPPLOW
| Q4 25 | $288.9M | $92.8M | ||
| Q3 25 | $62.9M | $-11.4M | ||
| Q2 25 | $84.5M | $-14.3M | ||
| Q1 25 | $65.1M | $-3.5M | ||
| Q4 24 | $299.6M | $70.2M | ||
| Q3 24 | $61.0M | $-15.2M | ||
| Q2 24 | $88.4M | $836.0K | ||
| Q1 24 | $57.9M | $-22.4M |
自由现金流率CDPPLOW
| Q4 25 | 146.4% | 50.3% | ||
| Q3 25 | 33.3% | -7.1% | ||
| Q2 25 | 44.5% | -7.4% | ||
| Q1 25 | 34.7% | -3.0% | ||
| Q4 24 | 163.3% | 48.9% | ||
| Q3 24 | 32.3% | -11.8% | ||
| Q2 24 | 47.2% | 0.4% | ||
| Q1 24 | 30.0% | -23.4% |
资本支出强度CDPPLOW
| Q4 25 | 10.7% | 1.7% | ||
| Q3 25 | 3.0% | 1.8% | ||
| Q2 25 | 1.8% | 1.5% | ||
| Q1 25 | 3.7% | 1.9% | ||
| Q4 24 | 17.1% | 2.9% | ||
| Q3 24 | 2.1% | 0.8% | ||
| Q2 24 | 2.9% | 0.8% | ||
| Q1 24 | 6.8% | 0.8% |
现金转化率CDPPLOW
| Q4 25 | 7.87× | 7.47× | ||
| Q3 25 | 1.57× | -1.07× | ||
| Q2 25 | 2.19× | -0.44× | ||
| Q1 25 | 1.99× | -9.03× | ||
| Q4 24 | 9.08× | 9.41× | ||
| Q3 24 | 1.74× | -0.44× | ||
| Q2 24 | 2.58× | 0.10× | ||
| 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
PLOW
| Work Truck Solutions | $101.5M | 55% |
| Transferred At Point In Time | $83.1M | 45% |
