COPT Defense Properties
CDPReal Estate·REIT - Office·USA·Mid·NYSE·Nov 12 • 3:59 PM ET
32.70-0.25 (-0.76%)
2026-11-13 13:15 CET
Market cap
$7.39B
Revenue, TTM
804.14 USD m
Net income, TTM
169.47 USD m
Free cash flow, TTM
282.48 USD m
EPS diluted, TTM
1.48
22.13
Price
CDP against its 20, 50 and 200-day averagesPatternshover a marker to name it
15.9% under the 52-week high of 38.90 on 29 Jul 2026. 52-week low 27.06 on 5 Jan 2026. Last 15 sessions, 15.3% high to low
Volume 0.00× normal · the session has not printed · the line is the 50-bar volume average
Setup. RS line 15
CANSLIM 2 of 6 — fails: EPS Growth Qtr Over Qtr: High (>25%); EPS Growth This Year: High (>25%); 52-Week High/Low: 0-10% below High; Performance: Year +50%
VCP 4 of 6 — fails: 200-Day Simple Moving Average: Price above SMA200; 52-Week High/Low: 0-10% below High
Minervini 1 of 4 — fails: 200-Day Simple Moving Average: Price above SMA200; 52-Week High/Low: 0-10% below High; Performance: Year +50%
Zanger 0 of 5 — fails: RSI (14): Not Oversold (>50); Performance: Week +10%; 20-Day High/Low: 0-5% below High; Relative Volume: Over 1.5; 200-Day Simple Moving Average: Price above SMA200
Leaders 1 of 5 — fails: 50-Day Simple Moving Average: Price above SMA50; 200-Day Simple Moving Average: Price above SMA200; Performance: Year +50%; 52-Week High/Low: 0-10% below High
Breakout 0 of 4 — fails: 52-Week High/Low: New High; Relative Volume: Over 2; 50-Day Simple Moving Average: Price above SMA50; 200-Day Simple Moving Average: Price above SMA200
Growth 0 of 4 — fails: EPS Growth Qtr Over Qtr: High (>25%); EPS Growth This Year: High (>25%); EPS Growth Next Year: High (>25%); Return on Equity: Over +15%
Quality 3 of 5 — fails: Return on Equity: Over +15%; Debt/Equity: Low (<0.1)
Value 0 of 4 — fails: P/E: Under 15; P/B: Under 2; Return on Equity: Over +15%; Debt/Equity: Low (<0.1)
Income 3 of 4 — fails: Payout Ratio: Low (<20%)
Small Cap 1 of 4 — fails: Float: Under 100M; 200-Day Simple Moving Average: Price above SMA200; Performance: Year +50%
Accumulation 2 of 4 — fails: Institutional Transactions: Over +10%; 200-Day Simple Moving Average: Price above SMA200
Relative Strength 1 of 3 — fails: Performance: Year +100%; 200-Day Simple Moving Average: Price above SMA200
Profile
CDP52-week range, 48% of the way up
27.0638.90
COPT Defense Properties is a real estate investment trust. It acquires, develops, manages, sells, and leases out office properties and data centers. It operates through the Defense/Information Technology Portfolio and Other segments. The Defense/Information Technology Portfolio segment includes the following: Fort Meade/BW Corridor, NoVA Defense/IT, Lackland Air Force Base (in San Antonio, Texas), and locations serving the U.S. Navy ("Navy Support"). The Other segment focuses as a separate reportable segment referred to as Wholesale Data Center. The company was founded on January 22, 1988 and is headquartered in Columbia, MD.
| Index | RUT |
|---|---|
| Employees | 430 |
| IPO | Dec 31, 1991 |
| Beta | 0.80 |
| ATR, 14d | 0.77 |
| Rel volume | 0.00 |
| Short float | 9.44% |
| Insider own | 0.31% |
| Inst own | 114.93% |
Snapshot
6 groupsValuation
| Index | RUT |
|---|---|
| Market Cap | $7.39B |
| Enterprise Value | 10.07B |
| Income | 169.47M |
| Sales | 804.14M |
| Book / share | 13.61 |
| Cash / share | 0.11 |
| Dividend Est. | 1.28 (3.91%) |
| Dividend TTM | 1.26 (3.87%) |
| Dividend Ex-Date | Dec 31, 2026 |
| Dividend Gr. 3/5Y | 3.51% 2.09% |
| Payout | 91.01% |
| Employees | 430 |
| IPO | Dec 31, 1991 |
Ratios
| Price / earnings | 22.13 |
|---|---|
| Forward price / earnings | 22.15 |
| Price / earnings / growth | 3.60 |
| Price / sales | 9.20 |
| Price / book | 2.40 |
| Price / cash | 304.79 |
| Price / free cash flow | 26.18 |
| Value / cash profit | 24.36 |
| Value / sales | 12.52 |
| Quick Ratio | 1.37 |
| Current Ratio | 1.37 |
| Debt / equity | 1.70 |
| Long-term debt / equity | 1.70 |
| Options and short | Yes / Yes |
Earnings
| Earnings / share | 1.48 |
|---|---|
| Earnings next year | 1.48 |
| Earnings next quarter | 0.36 |
| Earnings this year | 9.86% |
| Earnings next year | 0.30% |
| Earnings growth, 5 years | 6.16% |
| Past earnings growth | 1.58% 9.15% |
| Past sales growth | 1.11% 5.58% |
| Earnings vs last year | 13.17% |
| Sales vs last year | 7.22% |
| Earnings vs last quarter | 11.65% |
| Sales vs last quarter | 10.57% |
| Earnings | Oct 29 AMC |
| Surprise | 16.98% 1.60% |
Ownership
| Insiders own | 0.31% |
|---|---|
| Insider trades | -4.85% |
| Institutions own | 114.93% |
| Institution trades | -2.12% |
| Return on assets | 3.81% |
| Return on equity | 11.16% |
| Return on capital | 4.09% |
| Gross Margin | 36.49% |
| Operating margin | 30.24% |
| Profit Margin | 21.07% |
| 20-day average | -1.77% |
| 50-day average | -3.26% |
| 200-day average | -2.99% |
Technical
| Shares out | 113.42M |
|---|---|
| Shares floating | 113.07M |
| Short / float | 9.44% |
| Short ratio | 11.98 |
| Short interest | 10.67M |
| 52-week high | 38.90 -15.9% |
| 52-week low | 27.06 +20.9% |
| Volatility | 2.25% 2.26% |
| Average range | 0.77 |
| Strength index | 42.72 |
| Market sensitivity | 0.80 |
| Relative volume | 0.00 |
| Avg Volume | 890.82K |
| Volume | 0 |
Performance
| Perf Week | 1.08% |
|---|---|
| Perf Month | -1.57% |
| Perf Quarter | -11.50% |
| Perf Half Y | 3.32% |
| Perf YTD | 17.63% |
| Perf Year | 12.49% |
| Perf 3Y | 38.97% |
| Perf 5Y | 16.79% |
| Perf 10Y | 15.43% |
| Recommendation | 1.75 |
| Target Price | 39.12 |
| Prev Close | 32.70 |
| Price | 32.70 |
| Change % | 0.00% |
Analyst ratings
latest 10 of 20| Date | Action | Analyst | Rating change | Target | Implied |
|---|---|---|---|---|---|
| Oct 01, 2025 | Initiated | Cantor Fitzgerald | Overweight | $35 | +7.0% |
| Mar 17, 2025 | Initiated | Jefferies | Buy | $31 | -5.2% |
| Mar 22, 2024 | Downgrade | Citigroup | Buy → Neutral | $29 → $25 | -23.5% |
| Feb 21, 2024 | Upgrade | Jefferies | Hold → Buy | $26 → $28 | -14.4% |
| Feb 12, 2024 | Upgrade | Evercore ISI | In-line → Outperform | $27 → $28 | -14.4% |
| Dec 18, 2023 | Downgrade | JP Morgan | Overweight → Neutral | $26 | -20.5% |
| Oct 03, 2023 | Initiated | Wedbush | Outperform | $27 | -17.4% |
| Sep 14, 2022 | Downgrade | Truist | Buy → Hold | $30 → $28 | -14.4% |
| Jun 23, 2022 | Downgrade | Evercore ISI | Outperform → In-line | ||
| Jan 13, 2022 | Downgrade | KeyBanc Capital Markets | Sector Weight → Underweight | $24 | -26.6% |
Peers
Mkt cap| Ticker | Company | Mkt cap |
|---|---|---|
| DEA | Easterly Government Properties Inc | 1.04B |
| BXP | BXP Inc | 11.16B |
| CUZ | Cousins Properties Inc | 4.86B |
| HIW | Highwoods Properties Inc | 3.41B |
| ARE | Alexandria Real Estate Equities Inc | 7.65B |
| KRC | Kilroy Realty Corp | 4.21B |
| PSTL | Postal Realty Trust Inc | 888.14M |
| PDM | Piedmont Realty Trust Inc | 1.24B |
| VNO | Vornado Realty Trust | 7.07B |
| JBGS | JBG SMITH Properties | 891.62M |
Insider trading
4 filings| Insider | Relationship | Date | Transaction | Cost | Shares | Value | Total held | Form |
|---|---|---|---|---|---|---|---|---|
| PICKETT C TAYLOR | Director | May 29 '26 | Sale | 32.25 | 31,798 | 1,025,581 | 15,188 | Jun 02 12:47 PM |
| DENTON ROBERT L | Director | May 26 '26 | Sale | 32.38 | 3,922 | 126,994 | 3,803 | May 28 04:23 PM |
| HAWKINS PHILIP L | Director | Feb 23 '26 | Sale | 32.71 | 5,536 | 181,100 | 15,188 | Feb 24 10:41 AM |
| PHILIP L. HAWKINS | Director | Feb 23 '26 | Proposed Sale | 32.71 | 5,536 | 181,100 | Feb 23 04:02 PM |
Held by
AUM| Ticker | Company | AUM |
|---|---|---|
| DES | WisdomTree U.S. SmallCap Dividend Fund | AUM: 2.13B |
| RSSL | Global X Russell 2000 ETF | AUM: 1.44B |
| FYC | First Trust Small Cap Growth AlphaDEX Fund | AUM: 1.37B |
| LOWV | AB US Low Volatility Equity ETF | AUM: 204.64M |
| EES | WisdomTree U.S. SmallCap Fund | AUM: 690.24M |
| LVHD | Franklin U.S. Low Volatility High Dividend Index ETF | AUM: 662.07M |
| FYX | First Trust Small Cap Core AlphaDEX Fund | AUM: 1.40B |
| SIXL | ETC 6 Meridian Low Beta Equity ETF | AUM: 208.45M |
| AUSF | Global X Adaptive U.S. Factor ETF | AUM: 922.67M |
| BLDG | Cambria Global Real Estate ETF | AUM: 53.40M |
News
latest 14 of 200- COPT Defense Declares Fourth Quarter 2026 Common Dividend (Business Wire)
- COPT Defense Beats And Raises Again, But Slowing FFO Growth And A New Rate Headwind Complicate A Strong Defense-Demand Story (Earnings Whispers)
- COPT Defense: Q3 Earnings Snapshot (Associated Press)
- COPT Defense Reports Third Quarter 2026 Results (Business Wire)
- COPT Defense Faces A Show-Me Quarter As Defense Momentum Meets A Sliding Stock (Earnings Whispers)
- COPT Defense Provides Conference Call Details to Discuss 3Q 2026 Results (Business Wire)
- COPT Defense Provides an Update on Leasing Activity and Capital Commitments to New Investments (Business Wire)
- COPT Defense Declares Third Quarter 2026 Common Dividend (Business Wire)
- COPT Defense Properties (CDP) Q2 2026 Earnings Call Highlights: Strong Growth and Strategic ... (GuruFocus.com)
- COPT Defense: Q2 Earnings Snapshot (Associated Press)
- COPT Defense Reports Second Quarter 2026 Results (Business Wire)
- COPT Defense Provides Conference Call Details to Discuss 2Q 2026 Results (Business Wire)
- Office Stocks Rebound After AI Fears Fade (Barrons.com)
- COPT Defense to Present at Nareit's REITweek: 2026 Investor Conference (Business Wire)
Quarterly earnings
2026Q3 EPS 0.410 beat 0.351, from 0.370 a year earlier. Sales 193.48 beat 190.43, from 178.27 a year earlier
The outline behind the bar is the estimate. The filled bar is the print. Green beat it, red missed it.
| Period | Reported | EPS adjusted | EPS est | EPS reported | Sales act, USD m | Sales est, USD m | Surprise | Year-ago quarter | Analysts | Next session |
|---|---|---|---|---|---|---|---|---|---|---|
| 2026Q3ended 2026-09-30 | 2026-10-29 16:30 | 0.410 | 0.351 | 0.410 | 193.48 | 190.43 | EPS +17.0% · sales +1.6% | vs 2025Q3, year-ago quarter · EPS +10.8% · sales +8.5% | 3 EPS · 7 sales | Open +2.69% vs SPY -1.04%. Close -2.63% vs SPY -1.77% |
| 2026Q2ended 2026-06-30 | 2026-07-27 16:30 | 0.400 | 0.329 | 0.403 | 188.81 | 189.36 | EPS +21.6% · sales -0.3% | vs 2025Q2, year-ago quarter · EPS +17.6% · sales +7.5% | 4 EPS · 6 sales | Open +1.54% vs SPY +0.01%. Close -0.08% vs SPY +0.24% |
| 2026Q1ended 2026-03-31 | 2026-04-27 16:30 | 0.340 | 0.331 | 0.336 | 192.97 | 185.1 | EPS +2.8% · sales +4.3% | vs 2025Q1, year-ago quarter · EPS +9.7% · sales +10.1% | 3 EPS · 5 sales | Open +3.00% vs SPY -0.47%. Close -0.71% vs SPY -0.49% |
| 2025Q4ended 2025-12-31 | 2026-02-05 16:30 | 0.330 | 0.329 | 0.329 | 185 | 179.94 | EPS +0.3% · sales +2.8% | vs 2024Q4, year-ago quarter · EPS +6.5% · sales +9.0% | 4 EPS · 6 sales | Open +2.09% vs SPY +0.57%. Close +1.41% vs SPY +1.92% |
| 2025Q3ended 2025-09-30 | 2025-10-30 16:30 | 0.370 | 0.346 | 0.368 | 178.27 | 177.15 | EPS +6.8% · sales +0.6% | vs 2024Q3, year-ago quarter · EPS +15.6% · sales +4.5% | 4 EPS · 6 sales | Open +3.22% vs SPY +0.77%. Close +3.11% vs SPY +0.33% |
| 2025Q2ended 2025-06-30 | 2025-07-28 16:30 | 0.340 | 0.336 | 0.338 | 175.6 | 175.17 | EPS +1.1% · sales +0.2% | vs 2024Q2, year-ago quarter · EPS +9.7% · sales +6.0% | 3 EPS · 5 sales | Open +2.04% vs SPY +0.22%. Close -1.25% vs SPY -0.26% |
| 2025Q1ended 2025-03-31 | 2025-04-28 16:30 | 0.310 | 0.328 | 0.306 | 175.31 | 171.49 | EPS -5.5% · sales +2.2% | vs 2024Q1, year-ago quarter · EPS +6.9% · sales +6.0% | 3 EPS · 5 sales | Open -5.17% vs SPY -0.35%. Close -4.16% vs SPY +0.63% |
| 2024Q4ended 2024-12-31 | 2025-02-06 16:30 | 0.310 | 0.333 | 0.308 | 169.77 | 172.18 | EPS -6.8% · sales -1.4% | vs 2023Q4, year-ago quarter · EPS +3.3% · sales +5.9% | 3 EPS · 5 sales | Open -1.68% vs SPY +0.09%. Close -0.77% vs SPY -0.92% |
| 2024Q3ended 2024-09-30 | 2024-10-28 16:30 | 0.320 | 0.314 | 0.318 | 170.55 | 167.37 | EPS +1.8% · sales +1.9% | vs 2023Q3, year-ago quarter · EPS -116.5% · sales +9.8% | 4 EPS · 5 sales | Open -1.44% vs SPY -0.17%. Close -0.18% vs SPY +0.16% |
| 2024Q2ended 2024-06-30 | 2024-07-29 16:30 | 0.310 | 0.309 | 0.311 | 165.62 | 166.11 | EPS +0.4% · sales -0.3% | vs 2023Q2, year-ago quarter · EPS +14.8% · sales +7.8% | 4 EPS · 6 sales | Open +1.17% vs SPY +0.28%. Close +2.87% vs SPY -0.51% |
| 2024Q1ended 2024-03-31 | 2024-04-25 16:30 | 0.290 | 0.292 | 0.288 | 165.43 | 161.95 | EPS -0.6% · sales +2.1% | vs 2023Q1, year-ago quarter · EPS -58.6% · sales +9.9% | 4 EPS · 7 sales | Open +1.01% vs SPY +0.57%. Close +3.41% vs SPY +0.95% |
| 2023Q4ended 2023-12-31 | 2024-02-08 16:30 | 0.300 | 0.308 | 0.298 | 160.34 | 159.09 | EPS -2.6% · sales +0.8% | vs 2022Q4, year-ago quarter · EPS -33.3% · sales +6.9% | 3 EPS · 6 sales | Open -0.47% vs SPY +0.10%. Close +2.23% vs SPY +0.58% |
| 2023Q3ended 2023-09-30 | 2023-10-26 16:30 | -1.940 | 0.273 | -1.936 | 155.27 | 155.87 | EPS -811.4% · sales -0.4% | vs 2022Q3, year-ago quarter · EPS -818.5% · sales +5.1% | 5 EPS · 7 sales | - |
| 2023Q2ended 2023-06-30 | 2023-07-27 16:30 | 0.270 | 0.271 | 0.268 | 153.68 | 150.38 | EPS -0.2% · sales +2.2% | vs 2022Q2, year-ago quarter · EPS -6.9% · sales +7.7% | 2 EPS · 5 sales | - |
| 2023Q1ended 2023-03-31 | 2023-04-27 16:30 | 0.700 | 0.266 | 0.697 | 150.56 | 149.44 | EPS +163.2% · sales +0.7% | vs 2022Q1, year-ago quarter · EPS +34.6% · sales +4.4% | 3 EPS · 5 sales | - |
| 2022Q4ended 2022-12-31 | 2023-02-09 16:30 | 0.450 | 0.291 | 0.447 | 150.02 | 150.59 | EPS +54.9% · sales -0.4% | vs 2021Q4, year-ago quarter · EPS +275.0% · sales +4.9% | 4 EPS · 6 sales | - |
Annual earnings
2025FY EPS 1.340 missed 1.346, from 1.230 a year earlier. Sales 714.18 beat 709.78, from 671.37 a year earlier
Reported years only. The outline behind the bar is the estimate. A later year with no print stays in the table.
earnings feed, not the snapshot. Not the statement ratio.
| Period | EPS adjusted | EPS est | EPS reported | Sales act, USD m | Sales est, USD m | P/E, earnings feed |
|---|---|---|---|---|---|---|
| 2029FYestimate | - | 1.490 | - | - | 887.8 | 21.95 |
| 2028FYestimate | - | 1.603 | - | - | 781.22 | 20.40 |
| 2027FYestimate | - | 1.477 | - | - | 791.26 | 22.15 |
| 2026FYestimate | - | 1.472 | - | - | 765.44 | 22.21 |
| 2025FY | 1.340 | 1.346 | 1.340 | 714.18 | 709.78 | 20.75 |
| 2024FY | 1.230 | 1.247 | 1.227 | 671.37 | 673.37 | 25.16 |
| 2023FY | -0.670 | -0.651 | -0.666 | 619.85 | 618.57 | - |
| 2022FY | 1.530 | 1.387 | 1.279 | 580.17 | 606.02 | 16.95 |
| 2021FY | 0.680 | 0.812 | 0.676 | 579.26 | 578.11 | 41.13 |
| 2020FY | 0.870 | 0.526 | 0.865 | 538.82 | 533.4 | 29.98 |
| 2019FY | 1.710 | 1.534 | 1.713 | 527.46 | 521.53 | 17.18 |
| 2018FY | 0.690 | 0.736 | 0.690 | 578.11 | 517.43 | 30.48 |
| 2017FY | 0.570 | 0.825 | 0.557 | 405.72 | 405.36 | 51.23 |
| 2016FY | -0.030 | -0.156 | -0.469 | 418.52 | 421 | - |
| 2015FY | 1.740 | 1.297 | 1.015 | 625.47 | 643.88 | 18.79 |
| 2014FY | 0.358 | 0.855 | 0.250 | 586.47 | 583.25 | 91.29 |
| 2013FY | 0.830 | - | 0.830 | 523.36 | 538.87 | 39.40 |
| 2012FY | -0.030 | 0.204 | -0.030 | 528.01 | 507.11 | 160.45 |
| 2011FY | -1.940 | 0.195 | -1.940 | 556.84 | 554.71 | 167.44 |
| 2010FY | 0.430 | 0.580 | 0.430 | 564.48 | 467.32 | 76.05 |
Quarterly results
2026Q3 revenue 208.76, from 188.79 a year earlier. Operating margin 30.3%, from 30.6% a year earlier
From the quarterly statement. Not an estimate.
Estimate revisions
Latest snapshot of each period and type. 2026FY E 1.47 per share.
| Period | Type | Scale | Date | Mean | vs prior date |
|---|---|---|---|---|---|
| 2026FY | S | - | 2026-11-06 | 765.44 | +0.1% |
| 2026Q4 | S | - | 2026-11-06 | 192.18 | +0.2% |
| 2026FY | E | per share | 2026-11-04 | 1.47 | 0.0% |
| 2026Q4 | E | per share | 2026-11-04 | 0.36 | 0.0% |
| 2026FY | R | per share | 2026-11-04 | 1.47 | 0.0% |
| 2026Q4 | R | per share | 2026-11-04 | 0.36 | 0.0% |
| 2026Q3 | E | per share | 2026-10-27 | 0.35 | 0.0% |
| 2026Q3 | R | per share | 2026-10-27 | 0.35 | 0.0% |
| 2026Q3 | S | - | 2026-10-19 | 190.43 | -0.1% |
| 2026Q2 | S | - | 2026-07-23 | 189.36 | +0.2% |
| 2026Q2 | E | per share | 2026-07-12 | 0.33 | 0.0% |
| 2026Q2 | R | per share | 2026-07-12 | 0.33 | 0.0% |
| 2026Q1 | S | - | 2026-04-23 | 185.1 | +0.2% |
| 2026Q1 | E | per share | 2026-04-08 | 0.33 | +1.8% |
| 2026Q1 | R | per share | 2026-04-08 | 0.33 | +1.8% |
| 2025FY | S | - | 2026-02-04 | 709.78 | 0.0% |
| 2025Q4 | S | - | 2026-02-04 | 179.94 | 0.0% |
| 2025FY | E | per share | 2026-01-25 | 1.35 | 0.0% |
| 2025FY | R | per share | 2026-01-25 | 1.35 | 0.0% |
| 2025Q4 | E | per share | 2026-01-14 | 0.33 | 0.0% |
| 2025Q4 | R | per share | 2026-01-14 | 0.33 | 0.0% |
| 2025Q3 | S | - | 2025-10-29 | 177.15 | 0.0% |
| 2025Q3 | E | per share | 2025-10-12 | 0.35 | 0.0% |
| 2025Q3 | R | per share | 2025-10-12 | 0.35 | 0.0% |
| 2025Q2 | S | - | 2025-07-18 | 175.17 | +0.1% |
| 2025Q2 | E | per share | 2025-07-02 | 0.34 | +1.9% |
| 2025Q2 | R | per share | 2025-07-02 | 0.34 | +1.9% |
| 2025Q1 | S | - | 2025-04-04 | 171.49 | +0.0% |
| 2025Q1 | E | per share | 2025-03-13 | 0.33 | -2.7% |
| 2025Q1 | R | per share | 2025-03-13 | 0.33 | -2.7% |
| 2024FY | E | per share | 2025-01-23 | 1.25 | +0.3% |
| 2024Q4 | E | per share | 2025-01-23 | 0.33 | +1.0% |
| 2024FY | R | per share | 2025-01-23 | 1.25 | +0.3% |
| 2024Q4 | R | per share | 2025-01-23 | 0.33 | +1.0% |
| 2024FY | S | - | 2025-01-23 | 673.37 | -0.1% |
| 2024Q4 | S | - | 2025-01-23 | 172.18 | -0.1% |
| 2024Q3 | E | per share | 2024-10-16 | 0.31 | 0.0% |
| 2024Q3 | R | per share | 2024-10-16 | 0.31 | 0.0% |
| 2024Q3 | S | - | 2024-09-06 | 167.37 | -0.3% |
| 2024Q2 | S | - | 2024-07-28 | 166.11 | -0.1% |
| 2024Q2 | E | per share | 2024-05-20 | 0.31 | +0.3% |
| 2024Q2 | R | per share | 2024-05-20 | 0.31 | +0.3% |
| 2024Q1 | S | - | 2024-04-19 | 161.95 | +0.4% |
| 2024Q1 | E | per share | 2024-04-05 | 0.29 | +1.7% |
| 2024Q1 | R | per share | 2024-04-05 | 0.29 | +1.7% |
| 2023FY | E | per share | 2024-02-07 | -0.65 | 0.0% |
| 2023FY | R | per share | 2024-02-07 | -0.65 | 0.0% |
| 2023FY | S | - | 2023-12-19 | 618.57 | -0.1% |
Estimate history
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | MRQ |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EPS per share | 0.557 | 0.69 | 1.713 | 0.865 | 0.676 | 1.279 | -0.666 | 1.227 | 1.341 | 1.4779 | - |
| Sales USD millions | 613 | 578 | 641 | 582 | 664 | 739 | 685 | 753 | 764 | 804 | - |
| Shares million shares | 101 | 110 | 112 | 112 | 112 | 112 | 113 | 113 | 113 | - | 113 |
| Metric | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|---|
| EPS per share | 0.318 | 0.308 | 0.306 | 0.338 | 0.368 | 0.329 | 0.336 | 0.403 | 0.41 |
| Sales USD millions | 189 | 183 | 188 | 190 | 189 | 197 | 201 | 197 | 209 |
| Shares million shares | 113 | 113 | 113 | 113 | 113 | 113 | 113 | 113 | 113 |
Income statement, annual
| Metric | TTM | 2025FY12/31/2025 | 2024FY12/31/2024 | 2023FY12/31/2023 | 2022FY12/31/2022 | 2021FY12/31/2021 | 2020FY12/31/2020 | 2019FY12/31/2019 | 2018FY12/31/2018 |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 804.14 | 763.92+1.4% | 753.27+10.0% | 684.98-7.3% | 739.03+11.2% | 664.45+14.1% | 582.35-9.2% | 641.23+10.9% | 578.11 |
| Total Expenses | 560.96 | 533.55-1.2% | 539.94+8.7% | 496.52-11.0% | 557.61+12.5% | 495.75+4.2% | 475.58-1.8% | 484.35+12.5% | 430.42 |
| Operating Income | 243.18 | 230.37+8.0% | 213.32+13.2% | 188.46+3.9% | 181.42+7.5% | 168.70+58.0% | 106.77-31.9% | 156.87+6.2% | 147.69 |
| Unusual Expense | 0.07 | 0.07 | 0.00-100.0% | 252.80+41342.6% | 0.61-99.4% | 100.63+1038.3% | 8.84+2578.8% | 0.33-90.4% | 3.42 |
| Net Income Before Taxes | 181.24 | 160.48+11.3% | 144.23 | -73.76-149.3% | 149.70+91.0% | 78.36-22.4% | 100.95-46.1% | 187.32+166.1% | 70.40 |
| Income Taxes | 0.37 | 0.95+227.6% | 0.29-50.8% | 0.59+31.1% | 0.45+221.4% | 0.14-60.0% | 0.35 | -0.22 | -0.36 |
| Consolidated Net Income | 177.89 | 159.53+10.8% | 143.94 | -74.35-141.8% | 177.81+127.3% | 78.22-22.2% | 100.60-46.4% | 187.54+165.0% | 70.76 |
| Net Income From Continuing Operations | 170.24 | 152.31+9.6% | 138.93 | -73.47-142.7% | 172.02+135.1% | 73.18-23.0% | 95.10-46.9% | 179.23+178.2% | 64.42 |
| Net Income | 169.47 | 151.69+9.6% | 138.42 | -74.67-151.9% | 144.01+89.3% | 76.07-21.5% | 96.94-45.7% | 178.57+179.2% | 63.96 |
| EPS (Recurring) per share | 1.46 | 1.34+8.9% | 1.23+35.2% | 0.91-40.5% | 1.53+17.7% | 1.30+41.3% | 0.92-46.5% | 1.72+142.3% | 0.71 |
| EPS (Basic, Before Extraordinaries) per share | 1.50 | 1.35+9.8% | 1.23 | -0.67-152.3% | 1.28+88.2% | 0.68-21.8% | 0.87-49.4% | 1.72+149.3% | 0.69 |
| EPS (Diluted) per share | 1.48 | 1.34+8.9% | 1.23 | -0.67-152.3% | 1.28+88.2% | 0.68-21.8% | 0.87-49.1% | 1.71+147.8% | 0.69 |
| Non-Operating Income (Expense) | 32.73 | 18.33+5.4% | 17.39-73.5% | 65.62+125.7% | 29.07-58.8% | 70.64+5.1% | 67.23-42.1% | 116.17+1085.4% | 9.80 |
| Other After Tax Adjustments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Stock Option Compensation Expense | - | 9.79+13.0% | 8.66+20.3% | 7.20-5.4% | 7.61-12.5% | 8.70+23.2% | 7.06+29.8% | 5.44-1.1% | 5.50 |
| Price To Earnings Ratio ratio statement ratio, not the snapshot | 22.13 | 22.13 | 25.48 | - | 27.27 | 41.46 | 30.23 | 17.20 | 30.42 |
| Price To Sales Ratio ratio | 4.81 | 4.12 | 4.64 | 4.20 | 3.95 | 4.73 | 5.02 | 5.11 | 3.79 |
| Gross Margin % | 36.49 | 36.62 | 34.76 | 33.95 | 29.98 | 31.69 | 34.10 | 30.95 | 31.75 |
| Operating Margin % | 30.24 | 30.16 | 28.32 | 27.51 | 24.55 | 25.39 | 18.33 | 24.46 | 25.55 |
| Net Margin % | 21.07 | 19.86 | 18.38 | -10.90 | 19.49 | 11.45 | 16.65 | 27.85 | 11.06 |
| Shares Outstanding million shares | 113.42 | 113.21+0.5% | 112.70+0.1% | 112.56+0.1% | 112.42+0.1% | 112.33+0.1% | 112.18+0.1% | 112.07+1.7% | 110.24 |
| Market Capitalization | 3,708.80 | 3,708.80+6.3% | 3,487.85+20.9% | 2,884.55-1.1% | 2,916.25-7.2% | 3,141.73+7.4% | 2,925.52-11.1% | 3,292.29+43.8% | 2,289.22 |
Income statement, quarterly
| Metric | 2026Q39/30/2026 | 2026Q26/30/2026 | 2026Q13/31/2026 | 2025Q412/31/2025 | 2025Q39/30/2025 | 2025Q26/30/2025 | 2025Q13/31/2025 | 2024Q412/31/2024 |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 208.76+10.6% | 197.39+3.9% | 200.64+6.8% | 197.36+7.6% | 188.79-0.2% | 189.91+1.4% | 187.86-2.8% | 183.43+2.1% |
| Total Expenses | 145.50+11.1% | 134.16+3.0% | 142.32+6.8% | 138.98+7.7% | 130.97-2.8% | 130.27-2.2% | 133.26-6.7% | 129.07-0.6% |
| Operating Income | 63.26+9.4% | 63.23+6.0% | 58.32+6.8% | 58.38+7.4% | 57.83+6.1% | 59.64+10.2% | 54.60+8.3% | 54.36+8.9% |
| Unusual Expense | 0.00 | 0.00 | 0.00 | 0.07 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income Before Taxes | 49.89+12.5% | 48.59+20.6% | 40.26+10.8% | 42.50+8.3% | 44.36+18.2% | 40.28+10.6% | 36.33+7.4% | 39.23+12.3% |
| Income Taxes | 0.10-83.6% | 0.03-75.0% | 0.12+20.0% | 0.12 | 0.61+369.2% | 0.12+1100.0% | 0.10-41.2% | -0.02-116.7% |
| Consolidated Net Income | 49.79+13.8% | 48.56+20.9% | 40.14+10.8% | 39.40+8.0% | 43.74+17.0% | 40.17+10.3% | 36.23+7.6% | 36.47+4.7% |
| Net Income From Continuing Operations | 47.74+14.4% | 46.44+21.1% | 38.56+11.0% | 37.50+6.8% | 41.73+15.6% | 38.35+9.2% | 34.74+6.5% | 35.12+4.4% |
| Net Income | 47.52+14.3% | 46.22+21.0% | 38.37+11.0% | 37.36+6.7% | 41.57+15.6% | 38.19+9.1% | 34.57+6.5% | 35.00+4.3% |
| EPS (Recurring) per share | 0.41+10.8% | 0.40+17.6% | 0.34+9.7% | 0.33+6.5% | 0.37+15.6% | 0.34+9.7% | 0.31+6.9% | 0.31+3.3% |
| EPS (Basic, Before Extraordinaries) per share | 0.42+13.5% | 0.41+20.6% | 0.34+9.7% | 0.33+6.5% | 0.37+15.6% | 0.34+9.7% | 0.31+6.9% | 0.31+3.3% |
| EPS (Diluted) per share | 0.41+10.8% | 0.40+17.6% | 0.34+9.7% | 0.33+6.5% | 0.37+15.6% | 0.34+9.7% | 0.31+6.9% | 0.31+3.3% |
| Non-Operating Income (Expense) | 11.09+42.4% | 9.86+408.2% | 5.99+113.9% | 5.79+72.3% | 7.79+70.1% | 1.94-52.5% | 2.80-47.9% | 3.36-49.2% |
| Other After Tax Adjustments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Stock Option Compensation Expense | 2.94+18.5% | - | - | 2.49+14.7% | 2.48 | - | - | 2.17+10.7% |
| Price To Earnings Ratio ratio statement ratio, not the snapshot | 22.13 | 26.56 | 22.83 | 21.08 | 22.88 | 22.19 | 22.27 | 25.48 |
| Price To Sales Ratio ratio | 4.81 | 5.33 | 4.50 | 4.13 | 4.39 | 4.16 | 4.12 | 4.67 |
| Gross Margin % | 36.32 | 38.75 | 35.37 | 35.53 | 37.00 | 37.68 | 35.53 | 36.09 |
| Operating Margin % | 30.30 | 32.03 | 29.07 | 29.58 | 30.63 | 31.41 | 29.06 | 29.63 |
| Net Margin % | 22.76 | 23.41 | 19.12 | 18.93 | 22.02 | 20.11 | 18.40 | 19.08 |
| Shares Outstanding million shares | 113.42+0.4% | 113.41+0.4% | 113.38+0.4% | 113.21+0.5% | 112.95+0.2% | 112.93+0.2% | 112.88+0.2% | 112.70+0.1% |
| Market Capitalization | 3,708.80+13.0% | 4,125.79+32.5% | 3,464.16+12.7% | 3,147.27-9.8% | 3,281.69-4.0% | 3,113.26+10.4% | 3,073.30+13.0% | 3,487.85+20.9% |
Balance sheet, annual
| Metric | 2025FY12/31/2025 | 2024FY12/31/2024 | 2023FY12/31/2023 | 2022FY12/31/2022 | 2021FY12/31/2021 | 2020FY12/31/2020 | 2019FY12/31/2019 | 2018FY12/31/2018 | 2017FY12/31/2017 |
|---|---|---|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 274.99+618.4% | 38.28-77.2% | 167.82+1260.0% | 12.34-6.9% | 13.26-27.8% | 18.37+24.7% | 14.73+82.5% | 8.07-34.2% | 12.26 |
| Short Term Receivables | 310.48+11.7% | 277.84-2.4% | 284.79+12.5% | 253.10+9.1% | 231.90+14.7% | 202.24+2.8% | 196.70+14.0% | 172.61-1.9% | 176.00 |
| Investments | 3,783.59+4.2% | 3,631.84+3.5% | 3,508.08-1.8% | 3,570.70+0.7% | 3,546.10+5.1% | 3,375.55+0.8% | 3,347.37+2.6% | 3,263.99+3.6% | 3,151.36 |
| Investment in Unconsolidated Affiliates | 36.37-7.6% | 39.36-4.1% | 41.05+49.7% | 27.43-39.6% | 45.43+30.5% | 34.81-40.6% | 58.65+28.1% | 45.78-2.3% | 46.84 |
| Net Property, Plant & Equipment | 55.76-4.3% | 58.25+32.8% | 43.86-7.7% | 47.51-5.4% | 50.20-45.1% | 91.43+20.1% | 76.14+782.3% | 8.63+64.1% | 5.26 |
| Deferred Tax Assets | - | - | - | 1.41-23.4% | 1.84-7.5% | 1.99-14.6% | 2.33+12.0% | 2.08+10.1% | 1.89 |
| Other Intangible Assets | 240.61+15.3% | 208.62+3.6% | 201.36-41.6% | 344.79-7.7% | 373.71+6.0% | 352.63+122.5% | 158.52+2.4% | 154.84-23.2% | 201.58 |
| Total Assets | 4,701.79+10.5% | 4,254.19+0.2% | 4,246.97-0.2% | 4,257.27-0.1% | 4,262.45+4.5% | 4,077.02+5.8% | 3,854.45+5.4% | 3,656.01+1.7% | 3,595.20 |
| Total Debt | 2,813.21+15.2% | 2,441.39-0.4% | 2,450.63+8.4% | 2,260.55-1.8% | 2,301.65+8.7% | 2,117.69+14.5% | 1,849.57+1.4% | 1,823.91-1.1% | 1,844.19 |
| Long Term Debt | 2,366.84-2.1% | 2,417.61-0.1% | 2,420.59+8.0% | 2,241.60+12.2% | 1,998.31-5.6% | 2,117.69+15.6% | 1,832.55+0.5% | 1,823.91-1.1% | 1,844.19 |
| Provision for Risks Charges | 0.00 | 0.00-100.0% | 1.84+0.5% | 1.83-28.5% | 2.56-15.5% | 3.03-1.0% | 3.06-20.9% | 3.87-16.2% | 4.62 |
| Other Liabilities | 300.91+19.3% | 252.24+2.1% | 247.16+0.0% | 247.14-9.9% | 274.28+15.7% | 237.16-6.3% | 253.15+44.7% | 174.92-31.4% | 254.97 |
| Total Liabilities | 3,114.11+15.6% | 2,693.62-0.2% | 2,699.63+7.6% | 2,509.53-2.7% | 2,578.48+9.4% | 2,357.88+12.0% | 2,105.78+5.1% | 2,002.70-4.8% | 2,103.77 |
| Preferred Stock - Carrying Value | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Common Equity | 1,514.78+1.5% | 1,493.08+0.6% | 1,483.91-11.8% | 1,681.80+3.6% | 1,622.74-2.3% | 1,661.04-1.1% | 1,678.96+5.9% | 1,585.41+13.1% | 1,402.14 |
| Total Shareholders Equity | 1,514.78+1.5% | 1,493.08+0.6% | 1,483.91-11.8% | 1,681.80+3.6% | 1,622.74-2.3% | 1,661.04-1.1% | 1,678.96+5.9% | 1,585.41+13.1% | 1,402.14 |
| Accumulated Minority Interest | 72.90+8.0% | 67.48+6.4% | 63.42-3.8% | 65.94+7.7% | 61.23+5.4% | 58.11-16.7% | 69.72+2.7% | 67.90-24.0% | 89.29 |
| Total Equity | 1,587.67+1.7% | 1,560.57+0.9% | 1,547.34-11.5% | 1,747.75+3.8% | 1,683.97-2.0% | 1,719.14-1.7% | 1,748.68+5.8% | 1,653.31+10.9% | 1,491.43 |
| Total Liabilities & Stockholders Equity | 4,701.79+10.5% | 4,254.19+0.2% | 4,246.97-0.2% | 4,257.27-0.1% | 4,262.45+4.5% | 4,077.02+5.8% | 3,854.45+5.4% | 3,656.01+1.7% | 3,595.20 |
| Book Value Per Share per share | 13.38+1.0% | 13.25+0.5% | 13.18-11.9% | 14.96+3.5% | 14.45-2.4% | 14.81-1.1% | 14.98+4.2% | 14.38+3.9% | 13.84 |
| Tangible Book Value Per Share per share | 13.21+0.5% | 13.15+0.2% | 13.12-11.8% | 14.87+3.8% | 14.32-2.2% | 14.64-0.7% | 14.74+5.4% | 13.99+5.5% | 13.26 |
| Full-Time Employees people | 430+0.7% | 427+4.1% | 410+3.8% | 395-2.5% | 405-0.2% | 406+3.0% | 394+4.2% | 378+0.8% | 375 |
| Price to Book Ratio ratio | 2.40 | 2.34 | 1.94 | 1.76 | 1.94 | 1.76 | 1.96 | 1.46 | 2.15 |
| Return on Assets % | 3.40 | 3.27 | -1.73 | 4.04 | 1.76 | 2.40 | 4.77 | 1.78 | 1.72 |
| Return on Equity % | 10.13 | 9.33 | -4.64 | 10.41 | 4.46 | 5.69 | 10.98 | 4.31 | 4.34 |
| Return on Invested Capital % | 3.92 | 3.55 | -1.88 | 4.41 | 2.11 | 2.58 | 5.10 | 1.89 | 1.96 |
| Quick Ratio ratio | 0.88 | 1.42 | 1.93 | 1.94 | 0.79 | 2.04 | 0.92 | 1.17 | 1.42 |
| Current Ratio ratio | 0.88 | 1.42 | 1.93 | 1.94 | 0.79 | 2.04 | 0.92 | 1.17 | 1.42 |
Cash flow, annual
| Metric | TTM | 2025FY12/31/2025 | 2024FY12/31/2024 | 2023FY12/31/2023 | 2022FY12/31/2022 | 2021FY12/31/2021 | 2020FY12/31/2020 | 2019FY12/31/2019 | 2018FY12/31/2018 |
|---|---|---|---|---|---|---|---|---|---|
| Funds from Operations | 357.68 | 361.39+8.6% | 332.84+12.3% | 296.34-5.1% | 312.15+21.2% | 257.61-0.1% | 257.76-43.7% | 458.17+106.3% | 222.09 |
| Extraordinary Item | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in Working Capital | 2.23 | -26.45-1018.4% | 2.88 | -7.98 | -13.70 | -7.18 | -7.64 | -5.69 | -39.67 |
| Cash from Operating Activities | 359.91 | 334.93-0.2% | 335.71+16.4% | 288.36-3.4% | 298.45+19.2% | 250.44+0.1% | 250.12-44.7% | 452.48+148.0% | 182.42 |
| Capital Expenditures | -95.24 | -99.72 | -97.68 | -103.94 | -93.57 | -73.43 | -78.45 | -65.29 | -70.25 |
| Net Assets From Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Fixed Assets and Businesses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchase or Sale of Investments | -235.91 | -213.56 | -197.98 | -76.42 | -21.79 | -130.67 | -201.67 | -297.50 | -160.09 |
| Purchase of Investments | -267.87 | -218.56 | -197.98 | -265.92 | -302.86 | -273.79 | -344.67 | -405.62 | -160.09 |
| Sale Or Maturity of Investments | 31.96 | 5.00 | 0.00-100.0% | 189.51-32.6% | 281.07+96.4% | 143.12+0.1% | 143.01+32.3% | 108.13 | 0.00 |
| Other Uses | -3.60 | -1.47 | -0.10 | -1.35 | -0.72 | -0.16 | -57.37 | 0.00 | -4.52 |
| Other Sources | 4.29 | 0.00 | 0.00 | 0.00 | - | 0.00 | 0.00-100.0% | 0.85 | 0.00 |
| Cash from Investing Activities | -330.45 | -314.74 | -295.77 | -181.71 | -116.08 | -204.26 | -337.49 | -361.94 | -234.86 |
| Cash Dividends Paid | -141.56 | -136.60 | -131.84 | -127.18 | -123.64 | -123.53 | -123.37 | -122.66 | -114.29 |
| Change in Capital Stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -8.80-119.8% | 44.35-77.9% | 200.36 |
| Repurchase of Common Pref Stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -8.80 | -2.06 | -1.70 |
| Sale of Common Pref Stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00-100.0% | 46.41-77.0% | 202.06 |
| Proceedsfrom Stock Options | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00-100.0% | 46.41-77.0% | 202.06 |
| Issuance or Reduction of Debt, Net | 121.23 | 361.15 | -29.98-116.6% | 180.39 | -49.84-128.6% | 174.37-30.2% | 249.64+9651.6% | 2.56 | -27.50 |
| Change in Long Term Debt | 121.23 | 361.15 | -29.98-116.6% | 180.39 | -49.84-128.6% | 174.37-30.2% | 249.64+9651.6% | 2.56 | -27.51 |
| Issuance of Long Term Debt | 1,209.87 | 913.87+1102.5% | 76.00-87.9% | 626.35-35.5% | 970.49-51.0% | 1,980.62+56.7% | 1,263.80+179.5% | 452.17+17.1% | 386.11 |
| Reduction of Long Term Debt | -1,088.64 | -552.72 | -105.98 | -445.95 | -1,020.33 | -1,806.26 | -1,014.16 | -449.61 | -413.62 |
| Net Financing Active Other Cash Flow | -9.66 | -8.01 | -7.85 | -6.95 | -9.69 | -101.74 | -26.20 | -8.61 | -9.02 |
| Other Financing Activities Uses | -9.66 | -8.01 | -7.85 | -6.95 | -9.69 | -101.74 | -26.20 | -9.71 | -9.02 |
| Cash from Financing Activities | -29.99 | 216.54 | -169.67-466.8% | 46.26 | -183.18 | -50.90-155.8% | 91.27 | -84.36-270.3% | 49.55 |
| Net Change in Cash | -0.53 | 236.73 | -129.73-184.8% | 152.91 | -0.81 | -4.72-221.0% | 3.90-36.9% | 6.18 | -2.88 |
| Free Cash Flow | 282.48 | 253.68+1.2% | 250.68+24.9% | 200.75-8.1% | 218.47+9.8% | 198.92+5.5% | 188.61-53.3% | 404.01+228.2% | 123.10 |
| Preferred Dividends (Cash Flow) | - | - | - | - | - | - | - | 0.00 | 0.00 |
| Price to Free Cash Flow ratio | 27.47 | 26.90 | 29.40 | 39.08 | 30.81 | 41.71 | 44.80 | 11.66 | 248.36 |
Balance sheet, quarterly
| Metric | 2026Q39/30/2026 | 2026Q26/30/2026 | 2026Q13/31/2026 | 2025Q412/31/2025 | 2025Q39/30/2025 | 2025Q26/30/2025 | 2025Q13/31/2025 | 2024Q412/31/2024 |
|---|---|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 24.26+2.4% | 24.16+13.5% | 28.58+17.7% | 274.99+618.4% | 23.69-31.3% | 21.29-78.8% | 24.29-80.3% | 38.28-77.2% |
| Short Term Receivables | 305.36+4.4% | 309.67+5.2% | 304.48+4.9% | 310.48+11.7% | 292.46+2.6% | 294.43+2.5% | 290.32+1.4% | 277.84-2.4% |
| Investments | 3,909.61+4.9% | 3,861.74+4.8% | 3,803.05+4.4% | 3,783.59+4.2% | 3,726.14+3.3% | 3,683.14+4.1% | 3,644.16+3.5% | 3,631.84+3.5% |
| Investment in Unconsolidated Affiliates | 35.77-1.5% | 35.52-7.9% | 35.82-8.1% | 36.37-7.6% | 36.30-8.6% | 38.55-4.0% | 38.96-4.0% | 39.36-4.1% |
| Net Property, Plant & Equipment | 52.42-3.4% | 53.45-4.1% | 54.65-3.9% | 55.76-4.3% | 54.27+26.1% | 55.73+28.3% | 56.85+32.5% | 58.25+32.8% |
| Other Intangible Assets | 245.81+12.5% | 230.75+19.1% | 232.34+18.7% | 240.61+15.3% | 218.57-3.6% | 193.81-7.0% | 195.74-10.0% | 208.62+3.6% |
| Total Assets | 4,573.24+5.1% | 4,515.28+5.3% | 4,458.91+4.9% | 4,701.79+10.5% | 4,351.43+2.8% | 4,286.95+1.6% | 4,250.31+0.4% | 4,254.19+0.2% |
| Total Debt | 2,622.00+5.3% | 2,674.36+7.6% | 2,591.48+5.3% | 2,813.21+15.2% | 2,490.09+2.7% | 2,486.34+2.6% | 2,461.27+0.4% | 2,441.39-0.4% |
| Long Term Debt | 2,619.82+5.2% | 2,625.65+5.6% | 2,539.18+3.2% | 2,366.84-2.1% | 2,489.61+2.7% | 2,485.38+2.6% | 2,459.84+1.6% | 2,417.61-0.1% |
| Provision for Risks Charges | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00-100.0% | 0.00-100.0% |
| Other Liabilities | 330.06+17.0% | 235.08+1.5% | 275.66+21.3% | 300.91+19.3% | 282.08+10.9% | 231.61-4.3% | 227.21-1.9% | 252.24+2.1% |
| Total Liabilities | 2,952.06+6.5% | 2,909.44+7.0% | 2,867.14+6.6% | 3,114.11+15.6% | 2,772.18+3.5% | 2,717.95+1.9% | 2,688.48+0.2% | 2,693.62-0.2% |
| Preferred Stock - Carrying Value | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Common Equity | 1,543.11+2.4% | 1,528.22+2.0% | 1,514.80+1.6% | 1,514.78+1.5% | 1,507.01+1.2% | 1,497.67+0.7% | 1,490.87+0.6% | 1,493.08+0.6% |
| Total Shareholders Equity | 1,543.11+2.4% | 1,528.22+2.0% | 1,514.80+1.6% | 1,514.78+1.5% | 1,507.01+1.2% | 1,497.67+0.7% | 1,490.87+0.6% | 1,493.08+0.6% |
| Accumulated Minority Interest | 78.07+8.1% | 77.62+8.8% | 76.97+8.5% | 72.90+8.0% | 72.25+9.9% | 71.32+6.9% | 70.96+6.7% | 67.48+6.4% |
| Total Equity | 1,621.18+2.7% | 1,605.84+2.3% | 1,591.77+1.9% | 1,587.67+1.7% | 1,579.26+1.6% | 1,569.00+1.0% | 1,561.83+0.8% | 1,560.57+0.9% |
| Total Liabilities & Stockholders Equity | 4,573.24+5.1% | 4,515.28+5.3% | 4,458.91+4.9% | 4,701.79+10.5% | 4,351.43+2.8% | 4,286.95+1.6% | 4,250.31+0.4% | 4,254.19+0.2% |
| Book Value Per Share per share | 13.61+2.0% | 13.47+1.6% | 13.36+1.1% | 13.38+1.0% | 13.34+0.9% | 13.26+0.5% | 13.21+0.4% | 13.25+0.5% |
| Tangible Book Value Per Share per share | 13.61+2.0% | 13.47+1.6% | 13.36+1.1% | 13.21+0.5% | 13.34+0.9% | 13.26+0.5% | 13.21+0.4% | 13.15+0.2% |
| Full-Time Employees people | - | - | - | 430+0.7% | - | - | - | 427+4.1% |
| Price to Book Ratio ratio | 2.40 | 2.72 | 2.29 | 2.08 | 2.19 | 2.09 | 2.06 | 2.34 |
| Return on Assets % | 3.81 | 3.73 | 3.59 | 3.40 | 3.49 | 3.39 | 3.33 | 3.27 |
| Return on Equity % | 11.16 | 10.85 | 10.39 | 10.13 | 10.01 | 9.67 | 9.49 | 9.33 |
| Return on Invested Capital % | 1.15 | 1.12 | 0.95 | 0.97 | 1.04 | 0.96 | 0.88 | 0.90 |
| Quick Ratio ratio | 1.37 | 1.72 | 1.71 | 0.88 | 1.52 | 1.76 | 1.79 | 1.42 |
| Current Ratio ratio | 1.37 | 1.72 | 1.71 | 0.88 | 1.52 | 1.76 | 1.79 | 1.42 |
Cash flow, quarterly
| Metric | 2026Q39/30/2026 | 2026Q26/30/2026 | 2026Q13/31/2026 | 2025Q412/31/2025 | 2025Q39/30/2025 | 2025Q26/30/2025 | 2025Q13/31/2025 | 2024Q412/31/2024 |
|---|---|---|---|---|---|---|---|---|
| Funds from Operations | 86.18-19.3% | 90.01+12.8% | 82.76+8.8% | 98.73-0.6% | 106.75+38.9% | 79.81+0.5% | 76.09-1.6% | 99.33+19.4% |
| Extraordinary Item | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in Working Capital | 1.81 | 1.05-87.0% | 13.65 | -14.29-319.5% | -16.24 | 8.08-44.0% | -4.01 | 6.51 |
| Cash from Operating Activities | 87.98-2.8% | 91.06+3.6% | 96.41+33.8% | 84.45-20.2% | 90.51+39.1% | 87.90-6.3% | 72.08+1.5% | 105.84+34.4% |
| Capital Expenditures | -20.76 | -19.79 | -24.94 | -29.75 | -24.12 | -20.06 | -25.79 | -27.67 |
| Net Assets From Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Fixed Assets and Businesses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchase or Sale of Investments | -20.18 | -81.68 | -60.79 | -73.25 | -37.60 | -67.82 | -34.89 | -36.35 |
| Purchase of Investments | -38.53 | -90.30 | -60.79 | -78.25 | -37.60 | -67.82 | -34.89 | -36.35 |
| Sale Or Maturity of Investments | 18.35 | 8.61 | 0.00 | 5.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Uses | -2.13-7200.0% | 0.00-100.0% | 0.00 | -1.47 | 0.03-97.2% | 9.23 | -9.26 | -0.10 |
| Other Sources | 7.88+49.0% | -1.73 | 3.43+779.5% | -5.29 | 5.29+109.9% | -0.39 | 0.39 | -2.52 |
| Cash from Investing Activities | -35.19 | -103.20 | -82.30 | -109.75 | -56.42 | -79.03 | -69.55 | -66.65 |
| Cash Dividends Paid | -36.28 | -36.28 | -34.55 | -34.44 | -34.44 | -34.44 | -33.28 | -33.26 |
| Change in Capital Stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Repurchase of Common Pref Stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Common Pref Stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Proceedsfrom Stock Options | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Issuance or Reduction of Debt, Net | -14.04-496.6% | 44.14+79.9% | -222.40-1238.2% | 313.53 | 3.54 | 24.54 | 19.54 | -0.45 |
| Change in Long Term Debt | -14.04-496.6% | 44.14+79.9% | -222.40-1238.2% | 313.53 | 3.54 | 24.54 | 19.54 | -0.45 |
| Issuance of Long Term Debt | 130.00+6.6% | 225.00+116.3% | 254.00+192.0% | 600.87+690.6% | 122.00 | 104.00 | 87.00 | 76.00 |
| Reduction of Long Term Debt | -144.04 | -180.86 | -476.40 | -287.34 | -118.46 | -79.46 | -67.46 | -76.45 |
| Net Financing Active Other Cash Flow | -2.36 | -1.94 | -3.22 | -2.14 | -1.79 | -1.64 | -2.44 | -1.45 |
| Other Financing Activities Uses | -2.36 | -1.94 | -3.22 | -2.14 | -1.79 | -1.64 | -2.44 | -1.45 |
| Cash from Financing Activities | -52.69 | 5.92 | -260.17 | 276.94 | -32.69 | -11.53 | -16.18 | -35.16 |
| Net Change in Cash | 0.10-92.9% | -6.22 | -246.06 | 251.64+6144.2% | 1.41 | -2.66 | -13.65 | 4.03 |
| Free Cash Flow | 71.85+3.1% | 72.16-0.3% | 77.49+53.0% | 60.98-23.8% | 69.67+48.8% | 72.38-2.0% | 50.65+1.4% | 80.07+30.3% |
| Price to Free Cash Flow ratio | 27.47 | 29.74 | 24.52 | 26.97 | 23.95 | 26.99 | 26.04 | 29.62 |
Revenue breakdown
USD millions, so a column adds up to the income statement. Share is of the latest year in that split. The change is versus the older year shown, not TTM.
| Name | 2024 | 2025 | vs 2024 | 2025 share |
|---|---|---|---|---|
| Total Real Estate Investment Trusts revenue | 753.27 | 763.92 | +1.4% | 100.0% |
| Total | 753.27 | 763.92 | +1.4% | 100.0% |
| Name | 2024 | 2025 | vs 2024 | 2025 share |
|---|---|---|---|---|
| United States | 753.27 | 763.92 | +1.4% | 100.0% |
| Total | 753.27 | 763.92 | +1.4% | 100.0% |
| Name | 2024 | 2025 | vs 2024 | 2025 share |
|---|---|---|---|---|
| Consolidation, Policy | 75.55 | 42.07 | -44.3% | 5.5% |
| Defense/IT Portfolio | 610.33 | 646.92 | +6.0% | 84.7% |
| Other Operating | 67.39 | 74.93 | +11.2% | 9.8% |
| Total | 753.27 | 763.92 | +1.4% | 100.0% |
Short interest
shares short against float, oldest to newest| Settlement | Of float | Shares short | Float | Avg volume |
|---|---|---|---|---|
| 2026-10-30 | 9.44% | 10.7M | 113.1M | 835.81K |
| 2026-10-15 | 8.97% | 10.1M | 113.1M | 871.91K |
| 2026-09-30 | 7.65% | 8.6M | 113.1M | 866.06K |
| 2026-09-15 | 6.58% | 7.4M | 113.1M | 942.57K |
| 2026-08-31 | 6.20% | 7.0M | 113.1M | 958.40K |
| 2026-08-14 | 6.26% | 7.1M | 113.1M | 996.57K |
| 2026-07-31 | 6.25% | 7.1M | 113.1M | 1.02M |
| 2026-07-15 | 6.08% | 6.9M | 113.0M | 1.04M |
| 2026-06-30 | 6.24% | 7.1M | 113.0M | 1.02M |
| 2026-06-15 | 5.61% | 6.3M | 112.8M | 954.14K |
| 2026-05-29 | 4.90% | 5.5M | 113.0M | 954.47K |
| 2026-05-15 | 5.25% | 5.9M | 113.0M | 1.02M |
| 2026-04-30 | 5.45% | 6.2M | 113.0M | 1.13M |
| 2026-04-15 | 5.46% | 6.2M | 113.0M | 1.18M |
| 2026-03-31 | 5.50% | 6.2M | 112.8M | 1.26M |
| 2026-03-13 | 5.99% | 6.8M | 112.8M | 1.23M |
| 2026-02-27 | 4.44% | 5.0M | 112.8M | 1.17M |
| 2026-02-13 | 4.93% | 5.6M | 112.8M | 1.16M |
| 2026-01-30 | 3.87% | 4.4M | 112.8M | 1.05M |
| 2026-01-15 | 3.84% | 4.3M | 112.8M | 945.38K |
Option chain
expiry 2026-11-20| Type | Strike | Bid | Ask | Last | IV | Open int | Volume | Delta | Theta | Vega |
|---|---|---|---|---|---|---|---|---|---|---|
| call | 17.50 | 14.20 | 16.80 | 0.00 | 473.5% | 0.00 | 0.00 | 0.978 | -0.035 | 0.002 |
| call | 20.00 | 11.70 | 14.30 | 0.00 | 397.4% | 0.00 | 0.00 | 0.973 | -0.034 | 0.003 |
| call | 22.50 | 9.80 | 11.30 | 10.90 | 281.9% | 5.00 | 0.00 | 0.966 | -0.032 | 0.004 |
| call | 25.00 | 7.30 | 8.80 | 0.00 | 225.2% | 0.00 | 0.00 | 0.956 | -0.031 | 0.004 |
| call | 30.00 | 2.45 | 3.70 | 0.00 | 113.2% | 0.00 | 0.00 | 0.880 | -0.031 | 0.010 |
| call | 35.00 | 0.00 | 1.20 | 0.70 | 109.0% | 8.00 | 0.00 | 0.370 | -0.129 | 0.018 |
| call | 40.00 | 0.00 | 3.40 | 0.00 | 179.0% | 0.00 | 0.00 | 0.262 | -0.178 | 0.016 |
| call | 45.00 | 0.00 | 1.15 | 0.00 | 227.9% | 0.00 | 0.00 | 0.215 | -0.204 | 0.014 |
| call | 50.00 | 0.00 | 0.95 | 0.00 | 254.7% | 0.00 | 0.00 | 0.171 | -0.198 | 0.012 |
| put | 17.50 | 0.00 | 3.40 | 0.00 | 230.6% | 0.00 | 0.00 | -0.022 | -0.036 | 0.002 |
| put | 20.00 | 0.00 | 3.40 | 0.00 | 186.9% | 0.00 | 0.00 | -0.027 | -0.035 | 0.003 |
| put | 22.50 | 0.00 | 3.40 | 0.00 | 147.9% | 0.00 | 0.00 | -0.033 | -0.033 | 0.004 |
| put | 25.00 | 0.00 | 2.55 | 0.00 | 112.1% | 0.00 | 0.00 | -0.043 | -0.031 | 0.004 |
| put | 30.00 | 0.00 | 4.60 | 0.00 | 46.0% | 0.00 | 0.00 | -0.120 | -0.032 | 0.010 |
| put | 35.00 | 1.00 | 3.80 | 2.35 | 126.2% | 7.00 | 0.00 | -0.629 | -0.128 | 0.018 |
| put | 40.00 | 6.30 | 8.00 | 0.00 | 145.9% | 0.00 | 0.00 | -0.737 | -0.177 | 0.016 |
| put | 45.00 | 11.00 | 13.30 | 0.00 | 218.5% | 0.00 | 0.00 | -0.784 | -0.202 | 0.014 |
| put | 50.00 | 15.80 | 18.20 | 0.00 | 252.1% | 0.00 | 0.00 | -0.828 | -0.196 | 0.012 |
Latest SEC filings
30| Filed | Form | Description | Period | Link |
|---|---|---|---|---|
| 2026-11-05 | 4 | Statement of changes in beneficial ownership of securities | 2026-11-03 | SEC |
| 2026-11-05 | 4 | Statement of changes in beneficial ownership of securities | 2026-11-03 | SEC |
| 2026-11-04 | 10-Q | Quarterly report pursuant to Section 13 or 15(d) | 2026-09-30 | SEC |
| 2026-10-29 | 8-K | Current report | 2026-10-29 | SEC |
| 2026-08-07 | 4 | Statement of changes in beneficial ownership of securities | 2026-08-06 | SEC |
| 2026-08-03 | 10-Q | Quarterly report pursuant to Section 13 or 15(d) | 2026-06-30 | SEC |
| 2026-07-30 | 4 | Statement of changes in beneficial ownership of securities | 2026-07-29 | SEC |
| 2026-07-27 | 8-K | Current report | 2026-07-27 | SEC |
| 2026-07-16 | SCHEDULE 13G | SEC | ||
| 2026-06-26 | 4 | Statement of changes in beneficial ownership of securities | 2026-06-26 | SEC |
| 2026-06-02 | 4 | Statement of changes in beneficial ownership of securities | 2026-05-29 | SEC |
| 2026-05-28 | 4 | Statement of changes in beneficial ownership of securities | 2026-05-26 | SEC |
| 2026-05-20 | 8-K | Current report | 2026-05-14 | SEC |
| 2026-05-18 | 4 | Statement of changes in beneficial ownership of securities | 2026-05-14 | SEC |
| 2026-05-18 | 4 | Statement of changes in beneficial ownership of securities | 2026-05-14 | SEC |
| 2026-05-18 | 4 | Statement of changes in beneficial ownership of securities | 2026-05-14 | SEC |
| 2026-05-18 | 4 | Statement of changes in beneficial ownership of securities | 2026-05-14 | SEC |
| 2026-05-18 | 4 | Statement of changes in beneficial ownership of securities | 2026-05-14 | SEC |
| 2026-05-18 | 4 | Statement of changes in beneficial ownership of securities | 2026-05-14 | SEC |
| 2026-05-18 | 4 | Statement of changes in beneficial ownership of securities | 2026-05-14 | SEC |
| 2026-05-14 | 4 | Statement of changes in beneficial ownership of securities | 2026-05-13 | SEC |
| 2026-05-06 | 10-Q | Quarterly report pursuant to Section 13 or 15(d) | 2026-03-31 | SEC |
| 2026-04-30 | 4 | Statement of changes in beneficial ownership of securities | 2026-04-29 | SEC |
| 2026-04-29 | SCHEDULE 13G | SEC | ||
| 2026-04-27 | 8-K | Current report | 2026-04-27 | SEC |
| 2026-03-30 | ARS | Annual report to security holders. | 2025-12-31 | SEC |
| 2026-03-30 | DEFA14A | Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 | SEC | |
| 2026-03-30 | DEF 14A | Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 | 2026-05-14 | SEC |
| 2026-03-26 | SCHEDULE 13G/A | SEC | ||
| 2026-03-04 | 4 | Statement of changes in beneficial ownership of securities | 2026-03-03 | SEC |
Insider activity by month
| Month | Bought | Buys | Sold | Sells |
|---|---|---|---|---|
| 2026-11 | 0 | 0 | 0 | 0 |
| 2026-10 | 0 | 0 | 0 | 0 |
| 2026-09 | 0 | 0 | 0 | 0 |
| 2026-08 | 0 | 0 | 0 | 0 |
| 2026-07 | 0 | 0 | 0 | 0 |
| 2026-06 | 0 | 0 | 0 | 0 |
| 2026-05 | 0 | 0 | 1.15M | 2 |
| 2026-04 | 0 | 0 | 0 | 0 |
| 2026-03 | 0 | 0 | 0 | 0 |
| 2026-02 | 0 | 0 | 181.10K | 1 |
| 2026-01 | 0 | 0 | 0 | 0 |
| 2025-12 | 0 | 0 | 0 | 0 |
| 2025-11 | 0 | 0 | 0 | 0 |
Institutional holders
| Manager | % owned |
|---|---|
| BlackRock, Inc. | 17.57% |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 10.65% |
| ALLIANCEBERNSTEIN L.P. | 7.83% |
| STATE STREET CORP | 6.24% |
| JPMORGAN CHASE & CO | 6.21% |
| VANGUARD CAPITAL MANAGEMENT LLC | 4.49% |
| EARNEST PARTNERS LLC | 3.80% |
| GEODE CAPITAL MANAGEMENT, LLC | 3.03% |
| WESTWOOD HOLDINGS GROUP INC | 2.51% |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 2.09% |
Funds
| Fund | % owned |
|---|---|
| VANGUARD REAL ESTATE INDEX FUND | 3.80% |
| iShares Core S&P Mid-Cap ETF | 3.40% |
| VANGUARD TOTAL STOCK MARKET INDEX FUND | 3.18% |
| iShares Russell 2000 ETF | 2.63% |
| VANGUARD SMALL-CAP INDEX FUND | 2.30% |
| VANGUARD SMALL-CAP VALUE INDEX FUND | 1.45% |
| VANGUARD EXTENDED MARKET INDEX FUND | 1.14% |
| Fidelity Small Cap Index Fund | 1.12% |
| VANGUARD STRATEGIC EQUITY FUND | 1.01% |
| iShares Russell 2000 Value ETF | 0.97% |
OakChart. CDP. Cached 15 minutes. Terms