Financial Snapshot

Revenue
$76.15M
TTM
Gross Margin
93.55%
TTM
Net Earnings
$67.58M
TTM
Current Assets
Current Liabilities
Current Ratio
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$1.044B
Q3 2024
Cash
Q3 2024
P/E
13.60
Dec 02, 2024 EST
Free Cash Flow
$23.13M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021
Revenue $101.6M $108.4M $146.9M
YoY Change -6.29% -26.22%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021
Revenue $101.6M $108.4M $146.9M
Cost Of Revenue $6.629M $7.531M $8.480M
Gross Profit $94.95M $100.9M $138.4M
Gross Profit Margin 93.47% 93.05% 94.23%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021
Selling, General & Admin $11.24M $15.07M $13.93M
YoY Change -25.41% 8.24%
% of Gross Profit 11.84% 14.94% 10.06%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $19.25M $20.69M $35.18M
YoY Change -6.99% -41.19%
% of Gross Profit 20.27% 20.51% 25.41%
Operating Expenses $30.49M $35.77M $49.11M
YoY Change -14.75% -27.17%
Operating Profit $64.46M $65.10M $89.34M
YoY Change -0.97% -27.13%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021
Interest Expense $4.137M
YoY Change
% of Operating Profit 6.36%
Other Income/Expense, Net $4.697M $22.41M
YoY Change -79.04%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021
Pretax Income $69.16M $87.51M $196.7M
YoY Change -20.97% -55.52%
Income Tax
% Of Pretax Income
Net Earnings $69.16M $87.51M $196.7M
YoY Change -20.97% -55.52%
Net Earnings / Revenue 68.08% 80.73% 133.89%
Basic Earnings Per Share $0.92 $1.17
Diluted Earnings Per Share $0.92 $1.17 $2.62

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021
Cash & Short-Term Investments $38.03M $48.92M $627.5M
YoY Change -22.27% -92.2%
Cash & Equivalents $38.03M $48.92M $627.5M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $39.50M $42.69M $48.55M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $77.53M $91.61M $676.1M
YoY Change -15.37% -86.45%
Property, Plant & Equipment $944.4M $979.0M $1.114B
YoY Change -3.53% -12.1%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $0.00 $19.22M
YoY Change -100.0%
Total Long-Term Assets $1.157B $1.208B $1.389B
YoY Change -4.25% -12.98%
Total Assets $1.234B $1.300B $2.065B
YoY Change
Accounts Payable $1.224M $1.061M $1.626M
YoY Change 15.36% -34.75%
Accrued Expenses $37.76M $37.68M $37.55M
YoY Change 0.23% 0.32%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $38.99M $38.74M $39.18M
YoY Change 0.65% -1.13%
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $101.7M $110.5M $138.1M
YoY Change -8.02% -19.98%
Total Long-Term Liabilities $101.7M $110.5M $138.1M
YoY Change -8.02% -19.98%
Total Liabilities $140.7M $149.3M $177.3M
YoY Change -5.77% -15.81%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021
Basic Shares Outstanding 75.00M shares 75.00M shares
Diluted Shares Outstanding 75.00M shares 75.00M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $918.75 Million

About Copper Property CTL Pass Through Trust

Copper Property CTL Pass Through Trust provides trust services. The company is headquartered in Plano, Texas. The company went IPO on 2022-05-27. The firm owns 160 retail properties (the Retail Properties) and six distribution centers (the Properties) from J.C. Penney. The Trusts operations consist solely of owning, leasing, and selling the properties. The Trust’s objective is to sell all properties to third-party investors as promptly as practicable. The Trust's real estate portfolio consists of 130 retail Properties, of which 21 are encumbered by ground leases, in the United States across 35 states and Puerto Rico, and comprising 17.3 million square feet of leasable space. The Trustee of the trust is GLAS Trust Company LLC. The Trust is externally managed by an affiliate of Hilco Real Estate LLC.

Industry: Real Estate Peers: