OverviewSuggest Edit

Corporate Office Properties Trust owns, manages, leases, develops and selectively acquires office and data center properties. The Company also owns subsidiaries that provide real estate services, such as property management, construction and development services primarily for its properties but also for third parties.
TypePublic
Founded1988
HQColumbia, MD, US
Websitecopt.com
Employee Ratings3.5

Latest Updates

Employees (est.) (Dec 2019)394(+5%)
Job Openings17
Revenue (FY, 2020)$609.4 M(-4%)
Share Price (Jul 2021)$29.9

Key People/Management at Corporate Office Properties Trust

Stephen E. Budorick

Stephen E. Budorick

President & Chief Executive Officer
Thomas F. Brady

Thomas F. Brady

Chairman
Paul R. Adkins

Paul R. Adkins

Executive Vice President & Chief Operating Officer
Anthony Mifsud

Anthony Mifsud

Executive Vice President and Chief Financial Officer
Show more

Corporate Office Properties Trust Office Locations

Corporate Office Properties Trust has offices in Columbia, Annapolis, San Antonio, Springfield and in 1 other location
Columbia, MD, US (HQ)
6711 Columbia Gateway Dr #300
Annapolis, MD, US
Annapolis, MD, USA
San Antonio, TX, US
San Antonio, TX, USA
Springfield, MO, US
Springfield, MO, USA
Washington, DC, US
Washington, DC, USA
Show all (5)

Corporate Office Properties Trust Financials and Metrics

Corporate Office Properties Trust Revenue

Corporate Office Properties Trust's revenue was reported to be $609.37 m in FY, 2020
USD

Revenue (Q1, 2021)

161.7m

Gross profit (Q1, 2021)

145.9m

Gross profit margin (Q1, 2021), %

90.2%

Net income (Q1, 2021)

(6.1m)

Market capitalization (23-Jul-2021)

3.3b

Closing stock price (23-Jul-2021)

29.9

Cash (31-Mar-2021)

36.1m

EV

5.5b
Corporate Office Properties Trust's current market capitalization is $3.3 b.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

574.3m612.8m578.1m641.2m609.4m

Revenue growth, %

(8%)7%(6%)

Cost of goods sold

243.0m290.6m110.0m67.6m

Gross profit

331.3m322.2m531.3m541.8m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

139.8m151.4m157.0m155.5m146.7m137.4m148.9m175.1m159.4m145.8m144.8m154.8m161.7m

Cost of goods sold

77.2m66.4m41.0m27.8m15.8m

Gross profit

78.3m80.4m134.1m131.6m145.9m

Gross profit Margin, %

50%55%77%83%90%
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013Y, 2013FY, 2014Y, 2014Y, 2015FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

10.1m5.6m10.6m54.4m54.4m6.1m6.1m60.3m60.3m209.9m12.3m8.1m14.7m18.4m

Accounts Receivable

18.9m26.0m19.2m27.0m27.0m26.9m26.9m29.2m29.2m34.4m31.8m26.3m35.4m41.6m

Prepaid Expenses

93.9m87.6m77.5m54.2m60.2m60.0m72.8m67.2m85.6m96.1m104.6m

Inventories

Quarterly
USDQ2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

9.9m11.7m12.6m11.7m11.5m8.0m4.7m5.0m23.5m9.2m27.3m18.4m76.2m40.0m4.4m37.1m3.8m62.5m13.3m47.6m226.5m10.6m10.9m8.9m8.5m9.5m7.8m46.3m34.0m159.1m21.6m11.5m36.1m

Accounts Receivable

12.6m18.9m19.8m13.1m21.0m11.2m11.0m15.9m10.8m23.8m17.7m30.2m30.9m20.2m33.8m16.2m20.0m28.8m32.5m25.8m29.4m42.7m27.6m24.0m23.7m19.2m25.3m58.2m37.6m30.3m30.4m36.2m44.9m

Prepaid Expenses

65.9m79.8m90.7m101.6m95.8m96.5m73.9m92.5m80.8m83.7m64.1m72.3m70.9m79.3m84.2m76.2m100.6m80.4m78.1m110.3m99.3m

PP&E

10.6m10.2m9.6m9.2m8.7m7.6m7.1m6.7m3.2b3.2b7.1m10.5m
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

42.8m(117.7m)21.0m101.5m45.2m188.9m15.7m76.3m78.6m200.0m102.9m

Depreciation and Amortization

113.5m142.2m134.9m136.5m139.1m138.9m140.0m

Inventories

Accounts Payable

(3.6m)43.2m4.3m
Quarterly
USDQ2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

18.4m27.2m(17.8m)(42.0m)(35.4m)6.7m17.4m(2.3m)15.0m9.7m8.9m5.7m14.7m39.3m14.7m32.0m126.3m8.1m(40.2m)(10.9m)23.1m42.3m65.0m18.8m39.9m60.2m22.3m131.9m155.1m25.6m50.7m19.3m(6.1m)

Depreciation and Amortization

28.3m57.0m33.6m66.9m102.0m34.0m67.7m102.4m35.2m70.5m105.7m33.0m67.1m102.9m37.9m

Accounts Payable

(43.9m)(49.4m)

Cash From Operating Activities

78.6m95.6m33.0m92.5m104.9m43.8m111.9m139.7m47.3m61.5m107.0m51.5m103.0m144.2m41.9m122.8m147.7m47.4m124.4m170.0m60.6m117.7m170.7m26.2m80.7m121.7m54.7m111.8m157.0m62.2m136.5m159.0m40.7m
USDQ2, 2010

Financial Leverage

3.1 x
Show all financial metrics

Corporate Office Properties Trust Revenue Breakdown

Embed Graph

Corporate Office Properties Trust revenue breakdown by business segment: 80.0% from Defense/Information Technology Locations, 5.7% from Wholesale Data Center, 13.4% from Regional Office and 0.9% from Other

Corporate Office Properties Trust Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Corporate Office Properties Trust Online and Social Media Presence

Embed Graph

Corporate Office Properties Trust News and Updates

Corporate Office Properties Trust (COPT) President & CEO Steve Budorick Interviewed by Advisor Access

Concentration on U.S. Defense Industry Tenants Insulates this Office REIT from Pandemic Trends Concentration on U.S. Defense Industry Tenants Insulates this Office REIT from Pandemic Trends

Corporate Office Properties Trust Frequently Asked Questions

  • When was Corporate Office Properties Trust founded?

    Corporate Office Properties Trust was founded in 1988.

  • Who are Corporate Office Properties Trust key executives?

    Corporate Office Properties Trust's key executives are Stephen E. Budorick, Thomas F. Brady and Paul R. Adkins.

  • How many employees does Corporate Office Properties Trust have?

    Corporate Office Properties Trust has 394 employees.

  • What is Corporate Office Properties Trust revenue?

    Latest Corporate Office Properties Trust annual revenue is $609.4 m.

  • What is Corporate Office Properties Trust revenue per employee?

    Latest Corporate Office Properties Trust revenue per employee is $1.5 m.

  • Who are Corporate Office Properties Trust competitors?

    Competitors of Corporate Office Properties Trust include Paramount Group, Kennedy Wilson Holdings and Franklin Street Properties.

  • Where is Corporate Office Properties Trust headquarters?

    Corporate Office Properties Trust headquarters is located at 6711 Columbia Gateway Dr #300, Columbia.

  • Where are Corporate Office Properties Trust offices?

    Corporate Office Properties Trust has offices in Columbia, Annapolis, San Antonio, Springfield and in 1 other location.

  • How many offices does Corporate Office Properties Trust have?

    Corporate Office Properties Trust has 5 offices.