The Filing Desk

COPT Defense Properties vs Easterly Government Properties

COPT Defense Properties CDP · Easterly Government Properties DEA · Office REITs

COPT Defense Properties reported revenue of $764 million in fiscal 2025, 2.3 times Easterly Government Properties' $336 million in fiscal 2025. COPT Defense Properties' revenue grew 1.4% in its latest year, and Easterly Government Properties' grew 11.3%.

Side by side

COPT Defense PropertiesEasterly Government Properties
Latest fiscal yearFY2025, Dec 31, 2025FY2025, Dec 31, 2025
Revenue$764M$336M
Revenue growth1.4%11.3%
Revenue growth a year, last 5 years5.6%6.5%
Gross margin—76.9%
Operating margin——
Net margin20.9%3.9%
Free cash flow$289M—
Free cash flow margin37.8%—
Return on capital6.1%—
Net debt to EBITDA6.1x—
Dividends and buybacks$137M$95M
Change in diluted share count0.4%8.6%
Last close$32.87$22.48
P/E at the last close22.2×80.3×
Insider trades, last 12 monthssold $1.3 million—
Piotroski F-score——
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.

Ten years

Revenue
US$ billions, fiscal years
COPT Defense PropertiesEasterly Government Properties
Operating margin
Percent of revenue
COPT Defense PropertiesEasterly Government Properties
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
COPT Defense PropertiesEasterly Government Properties

Start a new comparison

Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the COPT Defense Properties and Easterly Government Properties pages.