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COPT DEFENSE PROPERTIES（CDP）与WD 40 CO（WDFC）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WD 40 CO的1.3倍（$197.4M vs $154.4M），COPT DEFENSE PROPERTIES净利率更高（20.0% vs 11.3%，领先8.7%），COPT DEFENSE PROPERTIES同比增速更快（7.6% vs 0.6%），COPT DEFENSE PROPERTIES自由现金流更多（$288.9M vs $9.1M），过去两年WD 40 CO的营收复合增速更高（5.4% 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。
WD-40公司是全球知名的消费及工业维护用品生产商，核心产品为同名多功能防锈润滑剂，同时布局清洁剂、除油剂、特殊润滑产品等品类，业务覆盖全球170余个国家和地区，服务零售、工业、汽车后市场等多个领域。
CDP vs WDFC — 直观对比
营收规模更大
CDP
是对方的1.3倍
$154.4M
营收增速更快
CDP
高出7.0%
0.6%
净利率更高
CDP
高出8.7%
11.3%
自由现金流更多
CDP
多$279.8M
$9.1M
两年增速更快
WDFC
近两年复合增速
1.1%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $197.4M | $154.4M |
| 净利润 | $39.4M | $17.5M |
| 毛利率 | — | 56.2% |
| 营业利润率 | 19.9% | 15.1% |
| 净利率 | 20.0% | 11.3% |
| 营收同比 | 7.6% | 0.6% |
| 净利润同比 | 8.0% | -7.8% |
| 每股收益（稀释后） | $0.32 | $1.28 |
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CDPWDFC
| Q4 25 | $197.4M | $154.4M | ||
| Q3 25 | $188.8M | $163.5M | ||
| Q2 25 | $189.9M | $156.9M | ||
| Q1 25 | $187.9M | $146.1M | ||
| Q4 24 | $183.4M | $153.5M | ||
| Q3 24 | $189.2M | $156.0M | ||
| Q2 24 | $187.3M | $155.0M | ||
| Q1 24 | $193.3M | $139.1M |
净利润CDPWDFC
| Q4 25 | $39.4M | $17.5M | ||
| Q3 25 | $43.7M | $21.2M | ||
| Q2 25 | $40.2M | $21.0M | ||
| Q1 25 | $36.2M | $29.9M | ||
| Q4 24 | $36.5M | $18.9M | ||
| Q3 24 | $37.4M | $16.8M | ||
| Q2 24 | $36.4M | $19.8M | ||
| Q1 24 | $33.7M | $15.5M |
毛利率CDPWDFC
| Q4 25 | — | 56.2% | ||
| Q3 25 | — | 54.7% | ||
| Q2 25 | — | 56.2% | ||
| Q1 25 | — | 54.6% | ||
| Q4 24 | — | 54.8% | ||
| Q3 24 | — | 54.1% | ||
| Q2 24 | — | 53.1% | ||
| Q1 24 | — | 52.4% |
营业利润率CDPWDFC
| Q4 25 | 19.9% | 15.1% | ||
| Q3 25 | 22.5% | 17.1% | ||
| Q2 25 | 21.0% | 17.4% | ||
| Q1 25 | 19.1% | 15.9% | ||
| Q4 24 | 19.7% | 16.4% | ||
| Q3 24 | 19.8% | 15.4% | ||
| Q2 24 | 19.4% | 17.5% | ||
| Q1 24 | 17.5% | 15.1% |
净利率CDPWDFC
| Q4 25 | 20.0% | 11.3% | ||
| Q3 25 | 23.2% | 13.0% | ||
| Q2 25 | 21.1% | 13.4% | ||
| Q1 25 | 19.3% | 20.4% | ||
| Q4 24 | 19.9% | 12.3% | ||
| Q3 24 | 19.8% | 10.8% | ||
| Q2 24 | 19.4% | 12.8% | ||
| Q1 24 | 17.4% | 11.2% |
每股收益（稀释后）CDPWDFC
| Q4 25 | $0.32 | $1.28 | ||
| Q3 25 | $0.37 | $1.57 | ||
| Q2 25 | $0.34 | $1.54 | ||
| Q1 25 | $0.31 | $2.19 | ||
| Q4 24 | $0.31 | $1.39 | ||
| Q3 24 | $0.32 | $1.23 | ||
| Q2 24 | $0.31 | $1.46 | ||
| Q1 24 | $0.29 | $1.14 |
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 | $48.6M |
| 总债务越低越好 | $2.8B | $85.7M |
| 股东权益账面价值 | $1.5B | $264.1M |
| 总资产 | $4.7B | $459.7M |
| 负债/权益比越低杠杆越低 | 1.83× | 0.32× |
8季度趋势，按日历期对齐
现金及短期投资CDPWDFC
| Q4 25 | $275.0M | $48.6M | ||
| Q3 25 | $23.7M | $58.1M | ||
| Q2 25 | $21.3M | $51.7M | ||
| Q1 25 | $24.3M | $53.0M | ||
| Q4 24 | $38.3M | $54.9M | ||
| Q3 24 | $34.5M | $46.7M | ||
| Q2 24 | $100.4M | $45.3M | ||
| Q1 24 | $123.1M | $55.4M |
总债务CDPWDFC
| Q4 25 | $2.8B | $85.7M | ||
| Q3 25 | $2.4B | $86.2M | ||
| Q2 25 | $2.4B | $85.6M | ||
| Q1 25 | $2.4B | $84.4M | ||
| Q4 24 | $2.4B | $84.6M | ||
| Q3 24 | $2.4B | $86.0M | ||
| Q2 24 | $2.4B | $85.5M | ||
| Q1 24 | $2.4B | $85.9M |
股东权益CDPWDFC
| Q4 25 | $1.5B | $264.1M | ||
| Q3 25 | $1.5B | $268.2M | ||
| Q2 25 | $1.5B | $257.1M | ||
| Q1 25 | $1.5B | $242.1M | ||
| Q4 24 | $1.5B | $226.3M | ||
| Q3 24 | $1.5B | $230.5M | ||
| Q2 24 | $1.5B | $222.2M | ||
| Q1 24 | $1.5B | $216.3M |
总资产CDPWDFC
| Q4 25 | $4.7B | $459.7M | ||
| Q3 25 | $4.4B | $475.8M | ||
| Q2 25 | $4.3B | $456.0M | ||
| Q1 25 | $4.3B | $458.3M | ||
| Q4 24 | $4.3B | $447.3M | ||
| Q3 24 | $4.2B | $449.0M | ||
| Q2 24 | $4.2B | $443.6M | ||
| Q1 24 | $4.2B | $442.0M |
负债/权益比CDPWDFC
| Q4 25 | 1.83× | 0.32× | ||
| Q3 25 | 1.62× | 0.32× | ||
| Q2 25 | 1.63× | 0.33× | ||
| Q1 25 | 1.62× | 0.35× | ||
| Q4 24 | 1.60× | 0.37× | ||
| Q3 24 | 1.61× | 0.37× | ||
| Q2 24 | 1.61× | 0.38× | ||
| Q1 24 | 1.63× | 0.40× |
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 | $10.0M |
| 自由现金流经营现金流 - 资本支出 | $288.9M | $9.1M |
| 自由现金流率自由现金流/营收 | 146.4% | 5.9% |
| 资本支出强度资本支出/营收 | 10.7% | 0.6% |
| 现金转化率经营现金流/净利润 | 7.87× | 0.57× |
| 过去12个月自由现金流最近4个季度 | $501.5M | $78.2M |
8季度趋势，按日历期对齐
经营现金流CDPWDFC
| Q4 25 | $309.9M | $10.0M | ||
| Q3 25 | $68.6M | $29.9M | ||
| Q2 25 | $87.9M | $35.1M | ||
| Q1 25 | $72.1M | $8.0M | ||
| Q4 24 | $331.0M | $14.9M | ||
| Q3 24 | $65.1M | $27.2M | ||
| Q2 24 | $93.8M | $19.9M | ||
| Q1 24 | $71.0M | $18.0M |
自由现金流CDPWDFC
| Q4 25 | $288.9M | $9.1M | ||
| Q3 25 | $62.9M | $28.6M | ||
| Q2 25 | $84.5M | $34.0M | ||
| Q1 25 | $65.1M | $6.6M | ||
| Q4 24 | $299.6M | $14.2M | ||
| Q3 24 | $61.0M | $26.4M | ||
| Q2 24 | $88.4M | $18.7M | ||
| Q1 24 | $57.9M | $16.7M |
自由现金流率CDPWDFC
| Q4 25 | 146.4% | 5.9% | ||
| Q3 25 | 33.3% | 17.5% | ||
| Q2 25 | 44.5% | 21.6% | ||
| Q1 25 | 34.7% | 4.5% | ||
| Q4 24 | 163.3% | 9.3% | ||
| Q3 24 | 32.3% | 16.9% | ||
| Q2 24 | 47.2% | 12.0% | ||
| Q1 24 | 30.0% | 12.0% |
资本支出强度CDPWDFC
| Q4 25 | 10.7% | 0.6% | ||
| Q3 25 | 3.0% | 0.8% | ||
| Q2 25 | 1.8% | 0.7% | ||
| Q1 25 | 3.7% | 0.9% | ||
| Q4 24 | 17.1% | 0.5% | ||
| Q3 24 | 2.1% | 0.5% | ||
| Q2 24 | 2.9% | 0.8% | ||
| Q1 24 | 6.8% | 0.9% |
现金转化率CDPWDFC
| Q4 25 | 7.87× | 0.57× | ||
| Q3 25 | 1.57× | 1.41× | ||
| Q2 25 | 2.19× | 1.67× | ||
| Q1 25 | 1.99× | 0.27× | ||
| Q4 24 | 9.08× | 0.79× | ||
| Q3 24 | 1.74× | 1.62× | ||
| Q2 24 | 2.58× | 1.00× | ||
| Q1 24 | 2.11× | 1.16× |
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
WDFC
| Other | $82.6M | 53% |
| WD40Multi Use Product | $56.0M | 36% |
| WD40Specialist | $9.0M | 6% |
| Other Maintenance Products | $4.0M | 3% |
| Homecare And Cleaning Products | $2.7M | 2% |
