COPT Defense Properties (CDP) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | 0 | 84.45M | 90.51M | 87.9M | 72.08M | 101.08M | 65.05M | 93.83M | 70.99M | 66.64M | 68.72M | 82.17M | 58.74M | 78.69M | 48.41M | 86.01M | 52.71M | 49.66M | 61.89M | 97.34M |
| Operating CF Growth % | -100% | -16.45% | 39.14% | -6.33% | 1.53% | 51.68% | -5.34% | 14.2% | 20.84% | -15.32% | 41.95% | -4.47% | 11.45% | 58.46% | -21.78% | -11.64% | 29.6% | -44.07% | 175.02% | 30.98% |
| Operating CF / Revenue % | 0% | 42.79% | 47.94% | 46.28% | 38.37% | 55.1% | 34.38% | 50.09% | 36.73% | 37.08% | 40.79% | 48.56% | 35.08% | 44.84% | 26.48% | 46.21% | 26.84% | 30.34% | 37.08% | 61.92% |
| Net Income | 40.14M | 39.4M | 41.73M | 40.17M | 34.74M | 36.47M | 36.09M | 36.41M | 33.67M | 33.65M | -221.21M | 31.64M | 80.4M | 52.09M | 32.32M | 32.31M | 60.82M | 24.16M | 28.79M | 43.9M |
| Depreciation & Amortization | 42.74M | 41.88M | 40.63M | 40.04M | 39.36M | 39.41M | 38.31M | 38.16M | 38.96M | 36.73M | 38.23M | 38.21M | 37.6M | 37.51M | 35.85M | 8K | 34.87M | 34.5M | 37.2M | 38.6M |
| Stock-Based Compensation | -603K | -543K | 0 | -550K | 2.85M | 2.62M | 0 | 2.56M | 2.65M | 2.32M | 2.28M | 2.21M | 1.73M | 2.25M | 2.24M | 2.19M | 2.11M | 0 | 2.05M | 2.01M |
| Other Non-Cash Items | -82.28M | 18M | 24.39M | 155K | -862K | 16.06M | 2.43M | 2.26M | 2.02M | 3.08M | 10.48M | -5.88M | -6M | -10.71M | -936K | 17.87M | -34.22M | 5.24M | -2.85M | -17.67M |
| Working Capital Changes | 0 | -14.29M | -16.24M | 8.08M | -4.01M | 6.51M | -11.77M | 14.44M | -6.3M | -4.5M | -13.86M | 16M | -5.61M | -2.44M | -21.04M | 20.66M | -10.88M | -14.24M | -3.3M | 30.5M |
| Cash from Investing | 0 | -109.75M | -56.42M | -79.03M | -69.55M | -61.89M | -96.88M | -53.33M | -78.91M | -67.78M | -85.41M | -101.62M | 85.18M | -1.02M | -117.34M | -104.78M | 104.22M | -91.39M | -81.39M | 42.21M |
| Acquisitions (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 73.93M | -118.04M | 0 | 80.41M | -35.47M | 0 | 0 | 0 | 0 |
| Purchase of Investments | 0 | 0 | -37.6M | 0 | 0 | 0 | -79.48M | -27.01M | -55.14M | -54.82M | -65.7M | -74.11M | -71.28M | 0 | -80.44M | -51.08M | 0 | -97.23M | 0 | 0 |
| Sale of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 181K | 189.32M | 0 | 30K | -34K | 0 | 29.07M | 0 | 0 |
| Other Investing | 0 | -109.75M | 5.31M | -79.03M | -62.61M | -53.12M | 3.58M | -986K | -73K | -5.76M | -14.43M | -99.09M | 90.69M | 6.65M | -110.23M | -375K | 118.75M | 866K | -74.52M | 48.64M |
| Cash from Financing | 0 | 276.94M | -32.69M | -11.53M | -16.18M | -35.16M | -35.11M | -62.98M | -36.42M | -34.77M | 205.71M | 18.86M | -143.53M | -77.56M | 59.68M | -14.89M | -150.4M | 40.9M | 15.87M | -158.06M |
| Dividends Paid | -320 | -34.44M | -34.44M | -34.44M | -33.28M | -33.26M | -33.25M | -33.23M | -32.1M | -32.08M | -32.08M | -32.08M | -30.94M | -30.91M | -30.92M | -30.91M | -30.9M | -30.89M | -30.89M | -30.89M |
| Common Dividends | 0 | -34.44M | -34.44M | -34.44M | -305 | -33.26M | -33.25M | -33.23M | -32.1M | -32.08M | -32.08M | -32.08M | -30.94M | -30.91M | -30.92M | -30.91M | -30.9M | 0 | -30.89M | -30.89M |
| Debt Issuance (Net) | 0 | 1000K | 1000K | 1000K | 1000K | -455K | -448K | -1000K | -769K | -763K | 1000K | 1000K | -1000K | -1000K | 1000K | 1000K | -1000K | 1000K | 1000K | -1000K |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.42M | 0 | 0 |
| Other Financing | 320 | -2.14M | -1.79M | -1.64M | -2.44M | -1.45M | -1.41M | -1.44M | -3.55M | -1.92M | -1.83M | -1.32M | -2.9M | -8.78M | -552K | -4.14M | -2.73M | -40.68M | -1.85M | -1.94M |
| Net Change in Cash | 0 | 251.64M | 2.4M | -2.66M | -13.65M | 4.03M | -65.97M | -22.7M | -44.68M | -36.42M | 189.02M | -592K | 395K | 111K | -9.25M | 1.39M | 6.53M | -1.31M | -3.63M | -18.5M |
| Exchange Rate Effect | 0 | 0 | 992K | 0 | 0 | 0 | 967K | -220K | -336K | -510K | 0 | 0 | 0 | 0 | 0 | 35.06M | 0 | -479K | 0 | 0 |
| Cash at Beginning | 0 | 24.79M | 21.29M | 26.05M | 39.7M | 35.67M | 100.44M | 123.14M | 167.82M | 204.24M | 16.31M | 16.9M | 16.51M | 16.4M | 25.65M | 19.35M | 17.32M | 14.57M | 21.77M | 40.28M |
| Cash at End | 0 | 276.43M | 23.69M | 23.38M | 26.05M | 39.7M | 34.48M | 100.44M | 123.14M | 167.82M | 205.33M | 16.31M | 16.9M | 16.51M | 16.4M | 20.73M | 23.84M | 13.26M | 18.14M | 21.77M |
| Free Cash Flow | 0 | 60.98M | 69.67M | 84.53M | 65.14M | 92.31M | 46.82M | 68.5M | 47.29M | 59.45M | 63.45M | 79.65M | 53.23M | 71.02M | 41.3M | 68.19M | 38.18M | 32.55M | 55.02M | 90.91M |
| FCF Growth % | -100% | -33.94% | 48.82% | 23.4% | 37.73% | 55.28% | -26.21% | -13.99% | -11.16% | -16.29% | 53.63% | 16.81% | 39.42% | 118.18% | -24.93% | -25% | 9.98% | -56.86% | 492.66% | 22.33% |
| FCF / Revenue % | 0% | 30.9% | 36.9% | 44.51% | 34.67% | 50.32% | 24.74% | 36.57% | 24.47% | 33.08% | 37.66% | 47.07% | 31.79% | 40.47% | 22.59% | 36.63% | 19.44% | 19.89% | 32.96% | 57.83% |