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NYSE · REAL ESTATE INVESTMENT TRUSTS · LARGE CAP

Easterly Government Properties, Inc. DEA

13 fiscal years on record · USD · FY2025 reported · SEC filings only
$336.1M
▲ 11.3% YoY
$13.0M
▼ 33.5% YoY
In brief

What this company does

Easterly Government Properties, Inc. is an internally managed real estate investment trust focused primarily on the acquisition, development and management of Class A commercial properties that are leased to U.S. Government agencies that serve essential functions. It generates approximately 90% of its revenue by leasing its properties to such agencies either directly or through the U.S. General Services Administration. As of December 31, 2025 it wholly owned 93 operating properties and ten operating properties through an unconsolidated joint venture in the United States, encompassing approximately 10.4 million leased square feet, including 93 properties leased primarily to U.S. Government tenant agencies, six leased to tenant agencies of a U.S. state or local government, and four leased entirely to private tenants. As of December 31, 2025 its operating properties were 97% leased. As of December 31, 2025 it had 55 employees, including 35 employees based in its corporate headquarters in Washington, D.C. and 20 employees based in other locations throughout the United States.

Written from the business description in Easterly Government Properties, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 23 February 2026. Every sentence was checked against that document before publication.

Growth
USD 336.1M
Revenue, FY2025 · full 13-year series below
Revenue $M Net income $M
FY2025 · Revenue 336.1 · Net income 13.0
200M2013201520172019202120232025
Compound annual growth
+4.6%
+6.5%
+16.8%
−25.5%
+1.7%
−4.7%
+0.6%
+16.0%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +6.5% a year over five years — but profit grew slower: net income at +1.7%.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
4 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating — · Net 4.0%
500%1000%2013201520172019202120232025
ROE
FY2025 · ROE 1.0%
100000%200000%2013201520172019202120232025

Each USD of equity produced 1 cents of profit this year.

Cash & shareholders
USD 94.6M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2022 · FCF 32.2
-200M2013201520172019202120232025
Net buybacks $M Dividends $M
FY2025 · Dividends 94.6 · Net buybacks —
40M80M201520172019202120232025

USD 94.6M in dividends — 727% of the year's profit, so the payout drew on cash built up earlier.

Total assetsUSD 3.4B
EquityUSD 1.3B
CashUSD 23.4M
Gross debtUSD 1.7B
Net debtUSD 1.6B

Net debt stands at 124% of equity.

The 13-year record
13 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 2025202420232022202120202019201820172016201520142013
Revenue $B0.30.30.30.30.30.20.20.20.10.10.10.00.0
Operating income $B········0.00.00.0−0.0−0.0
EBITDA $B·············
Income tax $B·············
Net income $B0.00.00.00.00.00.00.00.00.00.0−0.00.0−0.0
Free cash flow $B···0.0−0.1−0.1−0.3−0.3−0.3−0.1−0.1··
EPS, diluted $0.270.460.480.340.350.150.100.080.100.12−0.06··
Dividend / sh $2.012.652.651.061.051.041.041.041.000.92···
Payout %7275935983473337671136115611061017−1674··
ROE %1.01.51.52.52.51.10.70.70.70.8−0.7239600.0·
Shares out B0.050.040.100.090.090.080.070.060.040.040.020.00·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 36 reconciliationsAUDITED

Reconciled in 13 of 19 fiscal years. 30 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityReal Estate Investment Trusts
Listed onNYSE
Incorporated inMaryland
Fiscal year endsDecember 31
Data on record since2013

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