COPT Defense Properties (BSP:C1DP34) EBIT: R$1,366 Mil (TTM As of Mar. 2026)


BSP:C1DP34 COPT Defense Properties BSP:C1DP34
43 GF Score
Price R$46.85
GF Value R$36.10
Valuation Modestly Overvalued
! 11 Warning Signs
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What is COPT Defense Properties EBIT?

COPT Defense Properties BSP:C1DP34 43 EBIT is R$1,366 Mil as of Mar. 2026. GuruFocus rates BSP:C1DP34 with a GF Score™ of 43/100 and a GF Value™ of R$36.10 (Modestly Overvalued). The stock has 11 warning signs investors should review.

COPT Defense Properties's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was R$336 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was R$1,366 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. COPT Defense Properties's annualized ROC % for the quarter that ended in Mar. 2026 was 5.23%. COPT Defense Properties's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 199.21%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. COPT Defense Properties's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 7.24%.


COPT Defense Properties  (BSP:C1DP34) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

COPT Defense Properties's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=1219.876 * ( 1 - 0.31% )/( (23204.484 + 23282.886)/ 2 )
=1216.0943844/23243.685
=5.23 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=25651.556 - 995.147 - ( 1500.241 - max(0, 2280.663 - 3732.588+1500.241))
=23204.484

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=23318.311 - 805.651 - ( 149.462 - max(0, 2981.824 - 2211.598+149.462))
=23282.886

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

COPT Defense Properties's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1344.196/( ( (274.875 + max(388.926, 0)) + (255.759 + max(429.957, 0)) )/ 2 )
=1344.196/( ( 663.801 + 685.716 )/ 2 )
=1344.196/674.7585
=199.21 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1288.124 + 0 + 563.11) - (995.147 + 467.161 + 0)
=388.926

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1226.624 + 0 + 469.848) - (805.651 + 460.864 + 0)
=429.957

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

COPT Defense Properties's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=1366.027/18864.493
=7.24 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


COPT Defense Properties EBIT Related Terms


COPT Defense Properties EBIT Historical Data

* Premium members only.

The historical data trend for COPT Defense Properties's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

COPT Defense Properties EBIT Chart

COPT Defense Properties Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 812.97 1,106.10 -12.82 1,391.05 1,340.59

COPT Defense Properties Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 327.26 339.52 349.94 340.52 336.05

BSP:C1DP34 vs KRC, SLG, CUZ: EBIT Comparison

For the REIT - Office subindustry, COPT Defense Properties's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


COPT Defense Properties EV-to-EBIT vs REITs Industry

For the REITs industry and Real Estate sector, COPT Defense Properties's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where COPT Defense Properties's EV-to-EBIT falls into.


BSP:C1DP34
43GF Score
COPT Defense Properties BSP:C1DP34
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

COPT Defense Properties EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was R$1,366 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of R$1,366 Mil mean?
COPT Defense Properties (BSP:C1DP34) has a EBIT of R$1,366 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on COPT Defense Properties.
Is COPT Defense Properties' EBIT too high?
COPT Defense Properties' current EBIT is R$1,366 Mil. Overall, COPT Defense Properties has a GF Score™ of 43/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does COPT Defense Properties' EBIT compare to KRC and SLG?
COPT Defense Properties' EBIT of R$1,366 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a REITs company?
A good EBIT depends on the REITs industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on COPT Defense Properties. COPT Defense Properties's current EBIT is R$1,366 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is COPT Defense Properties stock overvalued right now?
Based on GuruFocus' analysis, COPT Defense Properties (BSP:C1DP34) is currently considered Modestly Overvalued. The stock's GF Value™ is R$36.10, compared to a current price of R$46.85 — trading 29.8% above its estimated fair value. The current EBIT is R$1,366 Mil. COPT Defense Properties' overall GF Score™ is 43/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For COPT Defense Properties (BSP:C1DP34), the current EBIT is R$1,366 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is COPT Defense Properties (BSP:C1DP34) Overvalued in 2026?

Based on GuruFocus' analysis, COPT Defense Properties stock appears to be overvalued. The current stock price of R$46.85 is trading 29.8% above its estimated GF Value™ of R$36.10. GuruFocus considers COPT Defense Properties to be Modestly Overvalued.

Key valuation signals for BSP:C1DP34:

  • EBIT: R$1,366 Mil
  • GF Value™: R$36.10 vs. price of R$46.85 (29.8% above fair value)
  • GF Score™: 43/100 with 11 warning signs

No single metric tells the full story. See the BSP:C1DP34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


COPT Defense Properties Business Description

Industry Real EstateREITs
Other Exchanges CDP:USAWX7:Germany
Address 6711 Columbia Gateway Drive, Suite 300, Columbia, MD, USA, 21046
COPT Defense Properties is a fully-integrated and self-managed real estate investment trust (REIT) focused on owning, operating and developing properties in locations proximate to, or sometimes containing, key U.S. Government (USG) defense installations and missions. The company has two reportable segments: Defense/IT Portfolio; and Other. Defense/IT Portfolio includes sub-segments such as: Fort George G. Meade and the Baltimore/Washington Corridor (Fort Meade/BW Corridor); Redstone Arsenal in Huntsville, Alabama; Northern Virginia Defense/IT Locations (NoVA Defense/IT); Lackland Air Force Base in San Antonio, Texas; locations serving the U.S. Navy (Navy Support); and data center shells in Northern Virginia.
43GF Score

Get the complete analysis for BSP:C1DP34

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$46.85
Price
R$36.10
GF Value