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COPT DEFENSE PROPERTIES（CDP）与Proto Labs Inc（PRLB）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Proto Labs Inc的1.4倍（$197.4M vs $136.5M），Proto Labs Inc同比增速更快（12.1% vs 7.6%），COPT DEFENSE PROPERTIES自由现金流更多（$288.9M vs $8.4M），过去两年Proto Labs Inc的营收复合增速更高（3.3% 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。
Proto Labs是一家提供快速制造服务的企业，可通过3D打印、CNC加工、钣金加工以及注塑成型工艺，为客户生产用于原型制作和量产的定制零部件，产品广泛应用于医疗设备、航空航天、电子、家电、汽车、消费品等多个领域，公司总部位于美国明尼苏达州，在美国多地设有生产基地。
CDP vs PRLB — 直观对比
营收规模更大
CDP
是对方的1.4倍
$136.5M
营收增速更快
PRLB
高出4.5%
7.6%
自由现金流更多
CDP
多$280.5M
$8.4M
两年增速更快
PRLB
近两年复合增速
1.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $197.4M | $136.5M |
| 净利润 | $39.4M | — |
| 毛利率 | — | 44.2% |
| 营业利润率 | 19.9% | 5.0% |
| 净利率 | 20.0% | — |
| 营收同比 | 7.6% | 12.1% |
| 净利润同比 | 8.0% | — |
| 每股收益（稀释后） | $0.32 | $0.25 |
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CDPPRLB
| Q4 25 | $197.4M | $136.5M | ||
| Q3 25 | $188.8M | $135.4M | ||
| Q2 25 | $189.9M | $135.1M | ||
| Q1 25 | $187.9M | $126.2M | ||
| Q4 24 | $183.4M | $121.8M | ||
| Q3 24 | $189.2M | $125.6M | ||
| Q2 24 | $187.3M | $125.6M | ||
| Q1 24 | $193.3M | $127.9M |
净利润CDPPRLB
| Q4 25 | $39.4M | — | ||
| Q3 25 | $43.7M | $7.2M | ||
| Q2 25 | $40.2M | $4.4M | ||
| Q1 25 | $36.2M | $3.6M | ||
| Q4 24 | $36.5M | — | ||
| Q3 24 | $37.4M | $7.2M | ||
| Q2 24 | $36.4M | $4.5M | ||
| Q1 24 | $33.7M | $5.3M |
毛利率CDPPRLB
| Q4 25 | — | 44.2% | ||
| Q3 25 | — | 45.3% | ||
| Q2 25 | — | 44.3% | ||
| Q1 25 | — | 44.1% | ||
| Q4 24 | — | 42.7% | ||
| Q3 24 | — | 45.6% | ||
| Q2 24 | — | 45.0% | ||
| Q1 24 | — | 44.9% |
营业利润率CDPPRLB
| Q4 25 | 19.9% | 5.0% | ||
| Q3 25 | 22.5% | 6.5% | ||
| Q2 25 | 21.0% | 3.7% | ||
| Q1 25 | 19.1% | 3.6% | ||
| Q4 24 | 19.7% | -1.2% | ||
| Q3 24 | 19.8% | 6.8% | ||
| Q2 24 | 19.4% | 4.8% | ||
| Q1 24 | 17.5% | 5.3% |
净利率CDPPRLB
| Q4 25 | 20.0% | — | ||
| Q3 25 | 23.2% | 5.3% | ||
| Q2 25 | 21.1% | 3.3% | ||
| Q1 25 | 19.3% | 2.9% | ||
| Q4 24 | 19.9% | — | ||
| Q3 24 | 19.8% | 5.7% | ||
| Q2 24 | 19.4% | 3.6% | ||
| Q1 24 | 17.4% | 4.1% |
每股收益（稀释后）CDPPRLB
| Q4 25 | $0.32 | $0.25 | ||
| Q3 25 | $0.37 | $0.30 | ||
| Q2 25 | $0.34 | $0.18 | ||
| Q1 25 | $0.31 | $0.15 | ||
| Q4 24 | $0.31 | $-0.01 | ||
| Q3 24 | $0.32 | $0.29 | ||
| Q2 24 | $0.31 | $0.18 | ||
| Q1 24 | $0.29 | $0.20 |
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 | $128.1M |
| 总债务越低越好 | $2.8B | — |
| 股东权益账面价值 | $1.5B | $673.9M |
| 总资产 | $4.7B | $763.4M |
| 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CDPPRLB
| Q4 25 | $275.0M | $128.1M | ||
| Q3 25 | $23.7M | $119.2M | ||
| Q2 25 | $21.3M | $103.2M | ||
| Q1 25 | $24.3M | $96.8M | ||
| Q4 24 | $38.3M | $103.1M | ||
| Q3 24 | $34.5M | $100.5M | ||
| Q2 24 | $100.4M | $112.9M | ||
| Q1 24 | $123.1M | $109.7M |
总债务CDPPRLB
| 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 24 | $2.4B | — |
股东权益CDPPRLB
| Q4 25 | $1.5B | $673.9M | ||
| Q3 25 | $1.5B | $664.7M | ||
| Q2 25 | $1.5B | $664.7M | ||
| Q1 25 | $1.5B | $656.8M | ||
| Q4 24 | $1.5B | $670.2M | ||
| Q3 24 | $1.5B | $680.0M | ||
| Q2 24 | $1.5B | $685.2M | ||
| Q1 24 | $1.5B | $687.3M |
总资产CDPPRLB
| Q4 25 | $4.7B | $763.4M | ||
| Q3 25 | $4.4B | $756.9M | ||
| Q2 25 | $4.3B | $743.3M | ||
| Q1 25 | $4.3B | $737.5M | ||
| Q4 24 | $4.3B | $743.5M | ||
| Q3 24 | $4.2B | $753.8M | ||
| Q2 24 | $4.2B | $758.2M | ||
| Q1 24 | $4.2B | $769.8M |
负债/权益比CDPPRLB
| 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× | — | ||
| 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 | $16.5M |
| 自由现金流经营现金流 - 资本支出 | $288.9M | $8.4M |
| 自由现金流率自由现金流/营收 | 146.4% | 6.2% |
| 资本支出强度资本支出/营收 | 10.7% | 5.9% |
| 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 | $59.7M |
8季度趋势，按日历期对齐
经营现金流CDPPRLB
| Q4 25 | $309.9M | $16.5M | ||
| Q3 25 | $68.6M | $29.1M | ||
| Q2 25 | $87.9M | $10.6M | ||
| Q1 25 | $72.1M | $18.4M | ||
| Q4 24 | $331.0M | $17.3M | ||
| Q3 24 | $65.1M | $24.8M | ||
| Q2 24 | $93.8M | $14.4M | ||
| Q1 24 | $71.0M | $21.3M |
自由现金流CDPPRLB
| Q4 25 | $288.9M | $8.4M | ||
| Q3 25 | $62.9M | $25.0M | ||
| Q2 25 | $84.5M | $9.1M | ||
| Q1 25 | $65.1M | $17.1M | ||
| Q4 24 | $299.6M | $16.5M | ||
| Q3 24 | $61.0M | $23.2M | ||
| Q2 24 | $88.4M | $10.2M | ||
| Q1 24 | $57.9M | $18.8M |
自由现金流率CDPPRLB
| Q4 25 | 146.4% | 6.2% | ||
| Q3 25 | 33.3% | 18.5% | ||
| Q2 25 | 44.5% | 6.7% | ||
| Q1 25 | 34.7% | 13.6% | ||
| Q4 24 | 163.3% | 13.5% | ||
| Q3 24 | 32.3% | 18.5% | ||
| Q2 24 | 47.2% | 8.2% | ||
| Q1 24 | 30.0% | 14.7% |
资本支出强度CDPPRLB
| Q4 25 | 10.7% | 5.9% | ||
| Q3 25 | 3.0% | 3.0% | ||
| Q2 25 | 1.8% | 1.1% | ||
| Q1 25 | 3.7% | 1.0% | ||
| Q4 24 | 17.1% | 0.7% | ||
| Q3 24 | 2.1% | 1.2% | ||
| Q2 24 | 2.9% | 3.3% | ||
| Q1 24 | 6.8% | 2.0% |
现金转化率CDPPRLB
| Q4 25 | 7.87× | — | ||
| Q3 25 | 1.57× | 4.03× | ||
| Q2 25 | 2.19× | 2.39× | ||
| Q1 25 | 1.99× | 5.11× | ||
| Q4 24 | 9.08× | — | ||
| Q3 24 | 1.74× | 3.44× | ||
| Q2 24 | 2.58× | 3.18× | ||
| Q1 24 | 2.11× | 4.05× |
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
PRLB
| CNC Machining Firstcut | $65.5M | 48% |
| Injection Molding Protomold | $47.6M | 35% |
| Three D Printing Fineline | $18.8M | 14% |
| Sheet Metal | $4.4M | 3% |
