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Financial statements

Copper Property CTL Pass Through Trust financial statements

Income statement, balance sheet and cash flow statement for the last 4 fiscal years, taken from the XBRL data Copper Property CTL Pass Through Trust files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2022FY2023FY2024FY2025
General and administrative8.915.264.9115.3
Interest expense4.14
Other non-operating income22.44.711.17.4
Net income87.569.273.847
EPS, basic1.170.920.980.63
EPS, diluted1.170.920.980.63
Shares, basic (weighted)75757575
Shares, diluted (weighted)75757575

Balance sheet

FY2022FY2023FY2024FY2025
Cash and equivalents48.93851.937.1
Lease right-of-use assets87.185.383.477.8
Intangible assets229212191171
Total assets1,3001,2341,1361,049
Total liabilities149141122116
Paid-in capital1,9521,9521,9521,952
Retained earnings-801-858-938-1,020
Shareholders' equity1,1511,0941,014933
Total equity1,1511,0941,014933
Total liabilities and equity1,3001,2341,1361,049

Cash flow statement

FY2022FY2023FY2024FY2025
Net income87.569.273.847
Depreciation and amortization20.719.218.517.5
Change in receivables0.030.16-0.050.05
Change in payables-0.480.21.320.93
Cash from operations89.592.592.279.3
Capital expenditures-0.0900
Cash from investing15622.675.434.3
Cash from financing-824-126-154-128
Net change in cash-579-10.913.9-14.8
Free cash flow89.492.592.2

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $10.20 on September 28, 2026.

Profitability

MetricValueHow it is calculated
Return on equity (ROE)3.8%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)3.4%Net income / average total assets.

Growth

MetricValueHow it is calculated
Net income growth, 1y-36.3%Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 3y-18.7%Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EPS growth, 1y-35.7%EPS vs the same period a year earlier. Only from a positive base.
EPS CAGR, 3y-18.6%Compound annual growth of eps over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow growth, 1y-14.0%Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 3y-3.9%Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value growth, 1y-8.0%Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y-6.8%Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y-7.7%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y-6.9%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Share count change, 1y0.0%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y0.0%Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Liabilities / assets11.0%Total liabilities / total assets.
Goodwill and intangibles / assets16.0%(Goodwill + intangible assets) / total assets.
Tangible book value$754.7MShareholders' equity - goodwill - intangible assets.

Per share

MetricValueHow it is calculated
EPS, diluted$0.47Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Operating cash flow per share$0.99Cash from operations / diluted weighted shares.
Book value per share$12.27Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share$10.06Tangible book value / shares outstanding.
Cash per share$0.47(Cash + short-term investments) / shares outstanding.
Was Copper Property CTL Pass Through Trust profitable in fiscal 2025?

Yes. Net income was $47.0M, a net margin of -.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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