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COPT DEFENSE PROPERTIES（CDP）与Tecnoglass Inc.（TGLS）财务数据对比。点击上方公司名可切换其他公司
Tecnoglass Inc.的季度营收约是COPT DEFENSE PROPERTIES的1.2倍（$245.3M vs $197.4M），COPT DEFENSE PROPERTIES净利率更高（20.0% vs 10.6%，领先9.3%），COPT DEFENSE PROPERTIES同比增速更快（7.6% vs 2.4%），COPT DEFENSE PROPERTIES自由现金流更多（$288.9M vs $11.4M），过去两年Tecnoglass Inc.的营收复合增速更高（12.8% 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。
Tecnoglass Inc.是一家领先的建筑玻璃、铝制门窗及相关建材生产商，主要服务北美及拉美地区的住宅和商业建筑领域，为新建及翻新项目提供定制化、高能效的建筑解决方案。
CDP vs TGLS — 直观对比
营收规模更大
TGLS
是对方的1.2倍
$197.4M
营收增速更快
CDP
高出5.2%
2.4%
净利率更高
CDP
高出9.3%
10.6%
自由现金流更多
CDP
多$277.4M
$11.4M
两年增速更快
TGLS
近两年复合增速
1.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $197.4M | $245.3M |
| 净利润 | $39.4M | $26.1M |
| 毛利率 | — | 40.0% |
| 营业利润率 | 19.9% | 18.3% |
| 净利率 | 20.0% | 10.6% |
| 营收同比 | 7.6% | 2.4% |
| 净利润同比 | 8.0% | -44.5% |
| 每股收益（稀释后） | $0.32 | $0.57 |
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CDPTGLS
| Q4 25 | $197.4M | $245.3M | ||
| Q3 25 | $188.8M | $260.5M | ||
| Q2 25 | $189.9M | $255.5M | ||
| Q1 25 | $187.9M | $222.3M | ||
| Q4 24 | $183.4M | $239.6M | ||
| Q3 24 | $189.2M | $238.3M | ||
| Q2 24 | $187.3M | $219.7M | ||
| Q1 24 | $193.3M | $192.6M |
净利润CDPTGLS
| Q4 25 | $39.4M | $26.1M | ||
| Q3 25 | $43.7M | $47.2M | ||
| Q2 25 | $40.2M | $44.1M | ||
| Q1 25 | $36.2M | $42.2M | ||
| Q4 24 | $36.5M | $47.0M | ||
| Q3 24 | $37.4M | $49.5M | ||
| Q2 24 | $36.4M | $35.0M | ||
| Q1 24 | $33.7M | $29.7M |
毛利率CDPTGLS
| Q4 25 | — | 40.0% | ||
| Q3 25 | — | 42.7% | ||
| Q2 25 | — | 44.7% | ||
| Q1 25 | — | 43.9% | ||
| Q4 24 | — | 44.5% | ||
| Q3 24 | — | 45.8% | ||
| Q2 24 | — | 40.8% | ||
| Q1 24 | — | 38.8% |
营业利润率CDPTGLS
| Q4 25 | 19.9% | 18.3% | ||
| Q3 25 | 22.5% | 25.1% | ||
| Q2 25 | 21.0% | 24.0% | ||
| Q1 25 | 19.1% | 26.7% | ||
| Q4 24 | 19.7% | 28.0% | ||
| Q3 24 | 19.8% | 28.4% | ||
| Q2 24 | 19.4% | 23.3% | ||
| Q1 24 | 17.5% | 21.3% |
净利率CDPTGLS
| Q4 25 | 20.0% | 10.6% | ||
| Q3 25 | 23.2% | 18.1% | ||
| Q2 25 | 21.1% | 17.3% | ||
| Q1 25 | 19.3% | 19.0% | ||
| Q4 24 | 19.9% | 19.6% | ||
| Q3 24 | 19.8% | 20.8% | ||
| Q2 24 | 19.4% | 15.9% | ||
| Q1 24 | 17.4% | 15.4% |
每股收益（稀释后）CDPTGLS
| Q4 25 | $0.32 | $0.57 | ||
| Q3 25 | $0.37 | $1.01 | ||
| Q2 25 | $0.34 | $0.94 | ||
| Q1 25 | $0.31 | $0.90 | ||
| Q4 24 | $0.31 | $1.00 | ||
| Q3 24 | $0.32 | $1.05 | ||
| Q2 24 | $0.31 | $0.75 | ||
| Q1 24 | $0.29 | $0.63 |
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 | $104.1M |
| 总债务越低越好 | $2.8B | $174.4M |
| 股东权益账面价值 | $1.5B | $713.1M |
| 总资产 | $4.7B | $1.3B |
| 负债/权益比越低杠杆越低 | 1.83× | 0.24× |
8季度趋势，按日历期对齐
现金及短期投资CDPTGLS
| Q4 25 | $275.0M | $104.1M | ||
| Q3 25 | $23.7M | $127.1M | ||
| Q2 25 | $21.3M | $140.9M | ||
| Q1 25 | $24.3M | $160.2M | ||
| Q4 24 | $38.3M | $137.5M | ||
| Q3 24 | $34.5M | $124.8M | ||
| Q2 24 | $100.4M | $129.5M | ||
| Q1 24 | $123.1M | $138.8M |
总债务CDPTGLS
| Q4 25 | $2.8B | $174.4M | ||
| Q3 25 | $2.4B | $114.7M | ||
| Q2 25 | $2.4B | $110.6M | ||
| Q1 25 | $2.4B | $110.6M | ||
| Q4 24 | $2.4B | $111.1M | ||
| Q3 24 | $2.4B | $126.8M | ||
| Q2 24 | $2.4B | $144.7M | ||
| Q1 24 | $2.4B | $160.9M |
股东权益CDPTGLS
| Q4 25 | $1.5B | $713.1M | ||
| Q3 25 | $1.5B | $764.0M | ||
| Q2 25 | $1.5B | $736.0M | ||
| Q1 25 | $1.5B | $685.1M | ||
| Q4 24 | $1.5B | $631.2M | ||
| Q3 24 | $1.5B | $613.3M | ||
| Q2 24 | $1.5B | $574.8M | ||
| Q1 24 | $1.5B | $573.6M |
总资产CDPTGLS
| Q4 25 | $4.7B | $1.3B | ||
| Q3 25 | $4.4B | $1.2B | ||
| Q2 25 | $4.3B | $1.2B | ||
| Q1 25 | $4.3B | $1.1B | ||
| Q4 24 | $4.3B | $1.0B | ||
| Q3 24 | $4.2B | $996.3M | ||
| Q2 24 | $4.2B | $942.5M | ||
| Q1 24 | $4.2B | $981.6M |
负债/权益比CDPTGLS
| Q4 25 | 1.83× | 0.24× | ||
| Q3 25 | 1.62× | 0.15× | ||
| Q2 25 | 1.63× | 0.15× | ||
| Q1 25 | 1.62× | 0.16× | ||
| Q4 24 | 1.60× | 0.18× | ||
| Q3 24 | 1.61× | 0.21× | ||
| Q2 24 | 1.61× | 0.25× | ||
| Q1 24 | 1.63× | 0.28× |
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 | $31.0M |
| 自由现金流经营现金流 - 资本支出 | $288.9M | $11.4M |
| 自由现金流率自由现金流/营收 | 146.4% | 4.7% |
| 资本支出强度资本支出/营收 | 10.7% | 8.0% |
| 现金转化率经营现金流/净利润 | 7.87× | 1.19× |
| 过去12个月自由现金流最近4个季度 | $501.5M | $34.5M |
8季度趋势，按日历期对齐
经营现金流CDPTGLS
| Q4 25 | $309.9M | $31.0M | ||
| Q3 25 | $68.6M | $40.0M | ||
| Q2 25 | $87.9M | $17.9M | ||
| Q1 25 | $72.1M | $46.9M | ||
| Q4 24 | $331.0M | $61.1M | ||
| Q3 24 | $65.1M | $41.5M | ||
| Q2 24 | $93.8M | $34.5M | ||
| Q1 24 | $71.0M | $33.4M |
自由现金流CDPTGLS
| Q4 25 | $288.9M | $11.4M | ||
| Q3 25 | $62.9M | $21.2M | ||
| Q2 25 | $84.5M | $-14.7M | ||
| Q1 25 | $65.1M | $16.5M | ||
| Q4 24 | $299.6M | $35.4M | ||
| Q3 24 | $61.0M | $17.8M | ||
| Q2 24 | $88.4M | $14.2M | ||
| Q1 24 | $57.9M | $23.6M |
自由现金流率CDPTGLS
| Q4 25 | 146.4% | 4.7% | ||
| Q3 25 | 33.3% | 8.2% | ||
| Q2 25 | 44.5% | -5.7% | ||
| Q1 25 | 34.7% | 7.4% | ||
| Q4 24 | 163.3% | 14.8% | ||
| Q3 24 | 32.3% | 7.5% | ||
| Q2 24 | 47.2% | 6.5% | ||
| Q1 24 | 30.0% | 12.2% |
资本支出强度CDPTGLS
| Q4 25 | 10.7% | 8.0% | ||
| Q3 25 | 3.0% | 7.2% | ||
| Q2 25 | 1.8% | 12.7% | ||
| Q1 25 | 3.7% | 13.7% | ||
| Q4 24 | 17.1% | 10.7% | ||
| Q3 24 | 2.1% | 9.9% | ||
| Q2 24 | 2.9% | 9.2% | ||
| Q1 24 | 6.8% | 5.1% |
现金转化率CDPTGLS
| Q4 25 | 7.87× | 1.19× | ||
| Q3 25 | 1.57× | 0.85× | ||
| Q2 25 | 2.19× | 0.41× | ||
| Q1 25 | 1.99× | 1.11× | ||
| Q4 24 | 9.08× | 1.30× | ||
| Q3 24 | 1.74× | 0.84× | ||
| Q2 24 | 2.58× | 0.98× | ||
| Q1 24 | 2.11× | 1.13× |
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
TGLS
| Product Sales | $164.2M | 67% |
| Fixed Price Contracts | $81.1M | 33% |
| Related Party | $692.0K | 0% |
