COPT Defense Properties Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018 - 1994
Revenue	684.98	739.03	664.45	582.35	611.82	Upgrade
Revenue Growth (YoY)	-7.31%	11.22%	14.10%	-4.82%	5.83%	Upgrade
Cost of Revenue	304.8	377.39	317.43	258.41	295.41	Upgrade
Gross Profit	380.18	361.64	347.02	323.94	316.41	Upgrade
Selling, General & Admin	42.77	38.99	40.77	37.47	39.64	Upgrade
Other Operating Expenses	352.36	121.98	71.95	97.82	20.11	Upgrade
Operating Expenses	395.12	160.97	112.73	135.3	59.75	Upgrade
Operating Income	-14.94	200.67	234.29	188.65	256.66	Upgrade
Interest Expense / Income	71.14	61.17	65.4	67.94	71.05	Upgrade
Other Expense / Income	-13.2	-33.98	92.21	22.98	-5.87	Upgrade
Pretax Income	-72.88	173.48	76.69	97.73	191.48	Upgrade
Income Tax	0.59	0.45	0.15	0.35	-0.22	Upgrade
Net Income	-73.47	173.03	76.54	97.37	191.69	Upgrade
Net Income Growth	-	126.06%	-21.39%	-49.20%	165.13%	Upgrade
Shares Outstanding (Basic)	113	112	112	112	112	Upgrade
Shares Change	0.11%	0.09%	0.13%	0.10%	2.94%	Upgrade
EPS (Basic)	-0.67	1.54	0.68	0.87	1.72	Upgrade
EPS (Diluted)	-0.67	1.53	0.68	0.87	1.71	Upgrade
EPS Growth	-	125.00%	-21.84%	-49.12%	147.83%	Upgrade
Free Cash Flow	113.33	183.77	72.85	-84.32	-106.23	Upgrade
Free Cash Flow Per Share	1.01	1.64	0.65	-0.75	-0.95	Upgrade
Dividend Per Share	1.140	1.100	1.100	1.100	1.100	Upgrade
Dividend Growth	3.64%	0%	0%	0%	0%	Upgrade
Gross Margin	55.50%	48.93%	52.23%	55.63%	51.72%	Upgrade
Operating Margin	-2.18%	27.15%	35.26%	32.39%	41.95%	Upgrade
Profit Margin	-10.73%	23.41%	11.52%	16.72%	31.33%	Upgrade
Free Cash Flow Margin	16.55%	24.87%	10.96%	-14.48%	-17.36%	Upgrade
Effective Tax Rate	-	0.26%	0.19%	0.36%	-0.11%	Upgrade
EBITDA	149.66	378.24	292.73	305.7	401.43	Upgrade
EBITDA Margin	21.85%	51.18%	44.06%	52.49%	65.61%	Upgrade
Depreciation & Amortization	151.4	143.59	150.64	140.03	138.9	Upgrade
EBIT	-1.74	234.65	142.08	165.66	262.53	Upgrade
EBIT Margin	-0.25%	31.75%	21.38%	28.45%	42.91%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).