COPT DEFENSE PROPERTIES
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2016 | 92.1% | 9.1% | 5.0% |
| FY2017 | 83.7% | 22.2% | 11.2% |
| FY2018 | 89.9% | 26.1% | 12.5% |
| FY2019 | 82.0% | 43.2% | 31.3% |
| FY2020 | 88.4% | 28.7% | 16.7% |
| FY2021 | 84.3% | 21.5% | 12.3% |
| FY2022 | — | 28.3% | 24.2% |
| FY2023 | — | -0.3% | -10.9% |
| FY2024 | — | 19.1% | 19.1% |
| FY2025 | — | 20.6% | 20.9% |