COPT Defense Properties

CDP · NYSE · Real Estate / REIT - Office

33.13USD+0.43 (+1.31%)

Price History

Full chart

Market Stats

Previous Close32.70

Open32.83

Day Range32.57 – 33.13

52-Week Range26.26 – 38.90

Volume545.49K

Market Cap3.92B

P/E (TTM)23.53

Forward P/E38.17

EPS1.44

Dividend Yield3.79%

Beta0.78

50-Day Avg36.49

200-Day Avg32.97

About

COPT Defense Properties, an S&P MidCap 400 Company, is a self-managed REIT focused on owning, operating and developing properties in locations proximate to, or sometimes containing, key U.S. Government defense installations and missions (referred to as its Defense/IT Portfolio). The Company's tenants include the USG and their defense contractors, who are primarily engaged in priority national security activities, and who generally require mission-critical and high security property enhancements. As of June 30, 2026, the Company's Defense/IT Portfolio of 202 properties, including 24 owned through unconsolidated joint ventures, encompassed 23.3 million square feet and was 96.4% leased. COPT Defense Properties was incorporated in 1988 and is based in Columbia, United States.

Company Details

SectorReal Estate
IndustryREIT - Office
CEOMr. Stephen E. Budorick
Employees430
Headquarters6711 Columbia Gateway Drive, Columbia, MD, United States, 21046-2383, USA
Websitehttps://www.copt.com

Leadership

Mr. Stephen E. BudorickPresident, CEO & Trustee · b. 1960
Mr. Anthony Mifsud CPAExecutive VP & CFO · b. 1964
Mr. Britt A. SniderExecutive VP & COO · b. 1977
Mr. Matthew T. MyersSenior VP, Chief Accounting Officer & Controller · b. 1984
Mr. Venkat Kommineni C.F.A.Vice President of Investor Relations
Mr. David L. FinchVP, General Counsel & Secretary
Ms. Sarah Blackwell RowlandDirector of Human Resources
Mr. Dean A. LopezSenior Vice President of Development & Construction
Mr. Frank W. ZieglerSenior Vice President of New Business & Development Government Services
Mr. William S. BarrollManaging SVP of Asset Management & Chief Business Officer

Financials

Income Statement

Currency: USD	1991-12-31	1992-12-31	1993-12-31	1994-12-31	1995-12-31	1996-12-31	1997-12-31	1998-12-31	1999-12-31	2000-12-31	2001-12-31	2002-12-31	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31

Currency: USD	1991-12-31	1992-12-31	1993-12-31	1994-12-31	1995-12-31	1996-12-31	1997-12-31	1998-12-31	1999-12-31	2000-12-31	2001-12-31	2002-12-31	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	100.00K	600.00K	1.20M	2.20M	2.50M	2.50M	6.60M	39.27M	77.48M	105.14M	123.05M	144.13M	195.79M	232.85M	321.31M	353.66M	407.14M	585.61M	767.07M	492.23M	492.96M	508.13M	525.47M	586.70M	625.27M	574.56M	612.77M	578.11M	611.82M	584.18M	664.45M	739.03M	684.98M	753.27M	763.92M
Growth (%)	-	+500.00%	+100.00%	+83.33%	+13.64%	0.00%	+164.00%	+495.03%	+97.29%	+35.70%	+17.03%	+17.14%	+35.84%	+18.93%	+37.99%	+10.07%	+15.12%	+43.83%	+30.99%	-35.83%	+0.15%	+3.08%	+3.41%	+11.65%	+6.57%	-8.11%	+6.65%	-5.66%	+5.83%	-4.52%	+13.74%	+11.22%	-7.31%	+9.97%	+1.41%
Cost of Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	113.64M	135.81M	231.92M	163.05M	141.05M	493.67M	346.82M	343.02M	337.78M	226.07M	279.99M	435.39M	374.09M	422.99M	394.59M	420.42M	258.41M	454.97M	518.62M	453.75M	492.91M	646.07M
Gross Profit	-	-	-	-	-	-	-	-	-	-	-	-	-	126.56M	185.50M	129.48M	244.09M	444.55M	273.40M	145.42M	149.94M	170.35M	299.40M	306.71M	189.88M	200.47M	189.79M	183.52M	191.40M	325.77M	209.47M	220.41M	231.23M	260.36M	117.85M
Gross Margin	-	-	-	-	-	-	-	-	-	-	-	-	-	54.35%	57.73%	36.61%	59.95%	75.91%	35.64%	29.54%	30.42%	33.53%	56.98%	52.28%	30.37%	34.89%	30.97%	31.75%	31.28%	55.77%	31.53%	29.82%	33.76%	34.56%	15.43%
Operating Expense	-	-	-	-	-	-	-	-	-	-	-	-	-	39.92M	88.31M	21.06M	126.40M	311.41M	135.47M	34.90M	119.64M	81.29M	157.49M	175.10M	69.78M	148.06M	55.56M	38.99M	39.97M	35.81M	40.77M	38.99M	42.77M	47.04M	-112.52M
Operating Income	-100.00K	1.10M	2.20M	4.20M	4.70M	3.10M	2.67M	21.35M	42.53M	54.53M	58.36M	63.79M	74.80M	86.64M	97.18M	108.42M	117.68M	133.15M	137.93M	110.51M	30.30M	89.07M	141.91M	131.61M	120.09M	52.41M	134.23M	144.53M	151.43M	289.96M	168.70M	181.42M	188.46M	213.32M	230.37M
Operating Margin	-100.00%	183.33%	183.33%	190.91%	188.00%	124.00%	40.50%	54.36%	54.90%	51.87%	47.43%	44.26%	38.21%	37.21%	30.25%	30.66%	28.91%	22.74%	17.98%	22.45%	6.15%	17.53%	27.01%	22.43%	19.21%	9.12%	21.90%	25.00%	24.75%	49.63%	25.39%	24.55%	27.51%	28.32%	30.16%
EBITDA	-100.00K	1.20M	2.50M	4.70M	5.20M	3.70M	11.30M	37.38M	123.42M	116.79M	81.16M	94.97M	112.93M	138.55M	160.74M	189.32M	226.35M	248.28M	253.96M	241.41M	134.12M	212.92M	265.14M	271.75M	282.18M	295.88M	288.95M	288.65M	405.09M	303.48M	294.41M	354.46M	150.31M	384.02M	408.97M
EBITDA Margin	-100.00%	200.00%	208.33%	213.64%	208.00%	148.00%	171.21%	95.19%	159.30%	111.08%	65.96%	65.89%	57.68%	59.50%	50.03%	53.53%	55.60%	42.40%	33.11%	49.04%	27.21%	41.90%	50.46%	46.32%	45.13%	51.50%	47.15%	49.93%	66.21%	51.95%	44.31%	47.96%	21.94%	50.98%	53.54%
Net Income	-200.00K	100.00K	200.00K	300.00K	300.00K	300.00K	-1.00M	4.70M	15.08M	15.13M	19.92M	23.30M	30.88M	37.03M	39.03M	49.23M	34.78M	53.97M	56.33M	42.76M	-119.43M	20.98M	93.71M	40.26M	178.30M	30.05M	68.75M	72.30M	191.69M	97.37M	76.54M	173.03M	-73.47M	138.93M	152.31M
Net Income Margin	-200.00%	16.67%	16.67%	13.64%	12.00%	12.00%	-15.15%	11.96%	19.47%	14.39%	16.19%	16.17%	15.77%	15.90%	12.15%	13.92%	8.54%	9.22%	7.34%	8.69%	-24.23%	4.13%	17.83%	6.86%	28.52%	5.23%	11.22%	12.51%	31.33%	16.67%	11.52%	23.41%	-10.73%	18.44%	19.94%
R&D	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.02	0.12	0.12	0.29	0.17	0.12	0.2	0.11	-	-
R&D as % of Total Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-	-
Interest Expense	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	85.58M	86.41M	82.19M	89.86M	83.44M	80.16M	76.56M	87.73M	84.61M	78.59M	76.98M	75.39M	71.05M	67.94M	65.40M	61.17M	72.46M	83.77M	88.15M
Interest Expense % of Total Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	21.02%	14.76%	10.71%	18.26%	16.93%	15.77%	14.57%	14.95%	13.53%	13.68%	12.56%	13.04%	11.61%	11.63%	9.84%	8.28%	10.58%	11.12%	11.54%

Balance Sheet

Currency: USD	1991-12-31	1992-12-31	1993-12-31	1994-12-31	1995-12-31	1996-12-31	1997-12-31	1998-12-31	1999-12-31	2000-12-31	2001-12-31	2002-12-31	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31

Currency: USD	1991-12-31	1992-12-31	1993-12-31	1994-12-31	1995-12-31	1996-12-31	1997-12-31	1998-12-31	1999-12-31	2000-12-31	2001-12-31	2002-12-31	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	6.40M	-	-	-	24.80M	24.20M	193.50M	563.68M	721.03M	794.84M	994.90M	1.14B	1.33B	1.73B	2.13B	2.42B	2.93B	3.11B	3.38B	3.84B	3.86B	3.65B	3.63B	3.66B	3.91B	3.78B	3.60B	3.66B	3.85B	4.08B	4.26B	4.26B	4.25B	4.25B	4.70B
Total Liabilities	300.00K	-	-	-	15.20M	15.00M	116.90M	317.70M	416.30M	495.55M	615.51M	749.34M	801.90M	1.11B	1.44B	1.63B	1.98B	2.03B	2.26B	2.52B	2.65B	2.21B	2.11B	2.12B	2.27B	2.16B	2.10B	2.00B	2.11B	2.36B	2.58B	2.51B	2.70B	2.69B	3.11B
Total Equity	6.10M	-	-	-	9.60M	9.20M	11.70M	168.78M	192.10M	193.73M	263.92M	288.50M	450.38M	521.92M	582.51M	674.30M	822.64M	946.01M	1.03B	1.23B	1.13B	1.37B	1.43B	1.45B	1.54B	1.52B	1.40B	1.59B	1.68B	1.72B	1.68B	1.75B	1.48B	1.49B	1.51B
Cash	6.00M	-	-	-	-	-	3.40M	2.35M	2.38M	4.98M	6.64M	5.99M	9.48M	13.82M	10.78M	7.92M	24.64M	6.78M	8.26M	10.10M	5.56M	10.59M	54.37M	6.08M	60.31M	209.86M	12.26M	8.07M	14.73M	18.37M	13.26M	12.34M	167.82M	38.28M	274.99M
Total Debt	-	-	-	-	14.90M	14.90M	114.40M	306.80M	399.60M	474.35M	573.33M	809.77M	738.70M	1.02B	1.35B	1.50B	1.83B	3.72B	4.11B	2.32B	2.43B	2.02B	1.93B	1.92B	2.08B	1.90B	1.84B	1.82B	1.87B	2.23B	2.35B	2.44B	2.45B	2.44B	2.81B
Net Debt	-6.00M	-	-	-	14.90M	14.90M	111.00M	304.45M	397.22M	469.37M	566.69M	803.78M	729.22M	1.01B	1.34B	1.49B	1.80B	3.72B	4.10B	2.31B	2.42B	2.01B	1.88B	1.91B	2.02B	-88.95M	56.04M	22.72M	1.86B	2.10B	2.29B	2.25B	2.28B	2.40B	2.54B

Cash Flow

Currency: USD	1992-12-31	1993-12-31	1994-12-31	1995-12-31	1996-12-31	1997-12-31	1998-12-31	1999-12-31	2000-12-31	2001-12-31	2002-12-31	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31

Currency: USD	1992-12-31	1993-12-31	1994-12-31	1995-12-31	1996-12-31	1997-12-31	1998-12-31	1999-12-31	2000-12-31	2001-12-31	2002-12-31	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	500.00K	400.00K	700.00K	700.00K	800.00K	3.20M	12.86M	32.30M	35.03M	50.88M	62.24M	67.78M	84.49M	95.94M	113.15M	137.70M	180.89M	194.82M	156.44M	152.14M	191.84M	158.98M	193.88M	204.13M	232.90M	230.12M	180.48M	228.56M	238.42M	249.15M	265.82M	276.27M	330.95M	334.93M
Investing Cash Flow	-9.70M	-5.50M	-9.50M	-600.00K	100.00K	1.00M	-183.65M	-125.84M	-73.26M	-155.74M	-128.57M	-172.95M	-268.72M	-420.30M	-253.83M	-327.71M	-290.82M	-349.08M	-479.17M	-260.39M	13.74M	-119.79M	-209.69M	-307.53M	71.45M	-89.36M	-232.92M	-138.01M	-325.79M	-202.97M	-83.46M	-169.62M	-291.01M	-314.74M
Financing Cash Flow	4.10M	7.80M	6.40M	-1.00M	-1.00M	-1.10M	169.74M	93.57M	40.84M	106.53M	65.68M	108.66M	188.57M	321.32M	137.82M	206.73M	92.07M	155.75M	324.57M	103.70M	-200.55M	4.59M	-32.49M	157.76M	-154.43M	-338.55M	49.55M	-84.36M	91.27M	-50.90M	-183.18M	46.26M	-169.67M	216.54M
Capital Expenditure	9.80M	5.40M	9.50M	0	0	500.00K	180.65M	152.70M	65.13M	134.01M	133.55M	196.89M	253.29M	502.36M	290.21M	366.27M	291.89M	262.64M	10.42M	16.91M	20.07M	0	0	66.27M	70.92M	70.87M	70.25M	24.66M	32.76M	30.03M	36.38M	20.50M	31.34M	81.25M
Free Cash Flow	-9.30M	-5.00M	-8.80M	700.00K	800.00K	2.70M	12.86M	-120.40M	35.03M	-83.14M	-71.31M	-129.10M	-168.80M	-406.42M	-177.06M	-228.57M	-111.00M	-67.82M	146.01M	135.24M	171.77M	158.98M	193.88M	137.86M	161.99M	159.25M	112.18M	203.90M	205.67M	219.12M	229.45M	255.77M	299.61M	253.68M
Dividends Paid	500.00K	800.00K	1.20M	800.00K	700.00K	700.00K	8.64M	20.10M	27.45M	31.51M	39.26M	43.93M	47.55M	53.59M	62.84M	85.47M	83.75M	109.67M	109.89M	130.75M	108.25M	114.81M	113.06M	117.85M	118.34M	118.48M	114.29M	122.66M	123.37M	123.53M	123.64M	127.18M	131.84M	136.60M
FCF to OCF	-1860.00%	-1250.00%	-1257.14%	100.00%	100.00%	84.38%	100.00%	-372.81%	100.00%	-163.42%	-114.57%	-190.47%	-199.77%	-423.60%	-156.48%	-165.99%	-61.36%	-34.81%	93.34%	88.89%	89.54%	100.00%	100.00%	67.53%	69.55%	69.20%	62.15%	89.21%	86.26%	87.95%	86.32%	92.58%	90.53%	75.74%
Dividend Paid to FCF	-5.38%	-16.00%	-13.64%	114.29%	87.50%	25.93%	67.16%	-16.69%	78.38%	-37.90%	-55.06%	-34.03%	-28.17%	-13.19%	-35.49%	-37.39%	-75.45%	-161.71%	75.26%	96.68%	63.02%	72.22%	58.31%	85.49%	73.06%	74.40%	101.88%	60.16%	59.98%	56.37%	53.89%	49.72%	44.00%	53.85%

Earnings

Report Date	Mar 31, 1998	Jun 30, 1998	Sep 30, 1998	Dec 31, 1998	Mar 31, 1999	Jun 30, 1999	Sep 30, 1999	Mar 31, 2000	Jun 30, 2000	Oct 25, 2000	Dec 31, 2000	Mar 31, 2001	Jun 30, 2001	Oct 24, 2001	Jan 30, 2002	Apr 25, 2002	Jul 25, 2002	Oct 24, 2002	Jan 30, 2003	Apr 24, 2003	Jul 31, 2003	Oct 30, 2003	Feb 11, 2004	May 6, 2004	Jul 29, 2004	Oct 27, 2004	Feb 10, 2005	May 3, 2005	Jul 27, 2005	Oct 26, 2005	Feb 15, 2006	May 2, 2006	Aug 2, 2006	Oct 30, 2006	Feb 14, 2007	May 2, 2007	Jul 31, 2007	Nov 5, 2007	Feb 13, 2008	May 6, 2008	Jul 29, 2008	Oct 29, 2008	Feb 11, 2009	Apr 29, 2009	Jul 29, 2009	Oct 28, 2009	Feb 10, 2010	Apr 28, 2010	Jul 28, 2010	Oct 27, 2010	Feb 9, 2011	Apr 28, 2011	Jul 28, 2011	Oct 27, 2011	Feb 9, 2012	Apr 26, 2012	Jul 26, 2012	Oct 25, 2012	Feb 8, 2013	Apr 26, 2013	Jul 26, 2013	Oct 25, 2013	Feb 7, 2014	Apr 25, 2014	Jul 25, 2014	Oct 24, 2014	Feb 10, 2015	Apr 28, 2015	Jul 28, 2015	Oct 29, 2015	Feb 12, 2016	Apr 29, 2016	Jul 28, 2016	Oct 27, 2016	Feb 9, 2017	Apr 27, 2017	Jul 27, 2017	Oct 26, 2017	Feb 8, 2018	Apr 26, 2018	Jul 26, 2018	Oct 25, 2018	Feb 7, 2019	Apr 30, 2019	Jul 29, 2019	Oct 28, 2019	Feb 6, 2020	Apr 30, 2020	Jul 30, 2020	Oct 29, 2020	Feb 4, 2021	Apr 29, 2021	Jul 29, 2021	Oct 28, 2021	Feb 10, 2022	Apr 28, 2022	Jul 28, 2022	Oct 27, 2022	Feb 9, 2023	Apr 27, 2023	Jul 27, 2023	Oct 26, 2023	Feb 8, 2024	Apr 25, 2024	Jul 29, 2024	Oct 28, 2024	Feb 6, 2025	Apr 28, 2025	Jul 28, 2025	Oct 30, 2025	Feb 5, 2026	Apr 27, 2026	Jul 27, 2026	Oct 29, 2026
EPS Estimate	-	-	-	-	-	-	-	-	-	0.31	-	-	-	-	-	-	0.15	-	-	-	-	-	-	-	-	-	-	-	-	0.45	0.05	-	0.15	0.11	0.09	0.12	0.05	0.06	0.10	0.07	0.15	0.18	0.17	-	0.14	0.15	0.14	0.18	0.22	0.15	0.25	0.08	0.20	0.13	0.14	0.13	0.17	0.15	0.21	0.16	0.21	0.22	0.59	0.13	0.16	0.12	0.18	0.18	0.20	0.17	0.15	0.09	0.19	0.20	0.22	0.16	0.18	0.24	0.28	0.10	0.19	0.20	0.19	0.18	0.18	0.18	0.17	0.19	0.19	-0.17	0.55	0.23	0.22	0.26	0.25	0.27	0.30	0.25	0.30	0.40	0.25	0.27	0.29	0.28	0.30	0.32	0.34	0.33	0.34	0.35	0.33	0.32	0.68	0.69
EPS Actual	-0.22	0.05	0.07	0.37	0.17	0.17	0.16	0.14	0.14	0.15	0.11	0.14	0.17	0.16	0.16	0.13	0.14	0.15	0.14	0.22	-0.30	0.17	0.13	0.14	0.13	0.12	0.15	0.14	0.14	0.29	0.16	0.05	0.13	0.37	0.08	0.03	0.08	0.08	0.12	0.11	0.18	0.19	0.14	0.23	0.22	0.18	0.08	0.10	0.07	0.08	0.18	0.05	0.23	0.02	0.24	0.05	0.09	0.11	0.14	0.06	0.13	0.13	0.12	0.00	0.04	0.10	0.12	0.11	0.14	0.06	0.59	0.06	0.20	0.20	0.25	0.14	0.10	0.20	0.19	0.17	0.19	0.18	0.16	0.19	0.20	0.19	0.20	0.23	0.22	-0.29	0.22	0.24	0.25	0.25	0.26	0.27	0.29	0.29	0.28	0.70	0.28	0.33	0.30	0.30	1.03	0.33	0.32	0.31	0.34	0.35	0.33	0.34	0.71	-
Surprise	-	-	-	-	-	-	-	-	-	-51.61%	-	-	-	-	-	-	-6.67%	-	-	-	-	-	-	-	-	-	-	-	-	-35.56%	220.00%	-	-13.33%	236.36%	-11.11%	-75.00%	60.00%	33.33%	20.00%	57.14%	20.00%	5.56%	-17.65%	-	57.14%	20.00%	-42.86%	-44.44%	-68.18%	-46.67%	-28.00%	-37.50%	15.00%	-84.62%	71.43%	-61.54%	-47.06%	-26.67%	-33.33%	-62.50%	-38.10%	-40.91%	-79.66%	-98.85%	-75.00%	-16.67%	-33.33%	-38.89%	-30.00%	-64.71%	293.33%	-33.33%	5.26%	0.00%	13.64%	-12.50%	-44.44%	-16.67%	-32.14%	70.00%	0.00%	-10.00%	-15.79%	5.56%	11.11%	5.56%	17.65%	21.05%	15.79%	-70.59%	-60.00%	4.35%	13.64%	-3.85%	4.00%	0.00%	-3.33%	16.00%	-6.67%	75.00%	12.00%	22.22%	3.45%	7.14%	243.33%	3.13%	-5.88%	-6.06%	0.00%	0.00%	0.00%	6.25%	4.41%	-
Timing	-	-	-	-	-	-	-	-	-	After-hours	-	-	-	-	-	-	After-hours	-	-	-	-	-	-	-	-	-	-	-	-	After-hours	After-hours	-	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	-	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	-	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours

Key Statistics & Ratios

Market Cap3.92B

Enterprise Value6.44B

Trailing P/E23.53

Forward P/E38.17

PEG Ratio1.02

Price / Sales4.98

Price / Book2.55

EPS1.44

Book Value13.54

Revenue (TTM)788.06M

Gross Profit (TTM)459.11M

EBITDA411.17M

Profit Margin20.84%

Operating Margin32.17%

Return on Equity10.83%

Return on Assets3.43%

Shares Outstanding113.41M

Shares Float112.07M

Beta0.78

Dividend Yield3.79%

Dividend Rate1.28

Payout Ratio73.12%

Analyst Ratings

Buy

Based on 8 analystsTarget 40.38

Strong Buy
5
Hold
3

Ownership Breakdown

Institutions: 117.37%
Insiders: 0.25%
Retail / Other: 0.00%

Top Institutional Holders

BlackRock Inc
21.30M18.78%
Vanguard Portfolio Management, LLC
11.86M10.46%
AllianceBernstein L.P.
8.84M7.79%
State Street Corp
6.84M6.03%
Vanguard Capital Management, LLC
5.05M4.46%
JPMorgan Chase & Co
4.86M4.28%
Earnest Partners LLC
4.52M3.99%
Geode Capital Management, LLC
3.27M2.88%
Westwood Holdings Group Inc
3.25M2.86%
Channing Capital Management, LLC
2.89M2.55%
Bank of America Corp
2.32M2.05%
SEI Investments Co
2.29M2.02%
Charles Schwab Investment Management Inc
2.25M1.98%
Morgan Stanley - Brokerage Accounts
2.22M1.96%
GRS Advisors, LLC
1.93M1.70%

Top Fund Holders

Vanguard Real Estate Index Investor
4.26M3.76%
iShares Core S&P Mid-Cap ETF
3.95M3.48%
Vanguard MStar Total Stk Mkt Idx Invest
3.62M3.19%
iShares Russell 2000 ETF
2.98M2.63%
Vanguard Small Cap Index
2.61M2.30%

Dividends

20263×

0.32Sep 30, 20260.32Jun 30, 20260.32Mar 31, 2026

20254×

0.30Dec 31, 20250.30Sep 30, 20250.30Jun 30, 20250.30Mar 31, 2025

20244×

0.29Dec 31, 20240.29Sep 30, 20240.29Jun 28, 20240.29Mar 27, 2024

20234×

0.28Dec 28, 20230.28Sep 28, 20230.28Jun 29, 20230.28Mar 30, 2023

20224×

0.28Dec 29, 20220.28Sep 29, 20220.28Jun 29, 20220.28Mar 30, 2022

20214×

0.28Dec 31, 20210.28Sep 29, 20210.28Jun 29, 20210.28Mar 30, 2021

20201×

0.28Dec 30, 2020