DEA · CIK 0001622194 · operating
# Easterly Government Properties, Inc.
Based in Washington, D.C., Easterly Government Properties is a real estate investment trust that acquires, develops, and manages Class A commercial properties leased to the U.S. Government. The company's portfolio consists of properties leased directly to federal agencies or through the General Services Administration, which serves as the primary leasing vehicle for government real estate. The company's business model centers on long-term lease agreements with government tenants, providing stable, predictable cash flows characteristic of government-backed property leases.
The company's management team operates with specialized expertise in federal agency operations and the specific real estate requirements of mission-critical government functions. This sector focus differentiates Easterly's acquisition and asset management approach, as properties must meet the operational demands and security standards of various federal departments and agencies. The company's revenue derives from rental income generated through lease agreements with government entities.
Easterly operates with a lean organizational structure of approximately 50 full-time employees and maintains a market capitalization of $1.2 billion. The company's geographic footprint centers on properties serving federal agencies across the United States, with headquarters operations based in Washington, D.C. The company is incorporated in Maryland and trades on the New York Stock Exchange under the ticker DEA.
Fiscal years are as reported by the company and may not align with the calendar year. For example, Apple's FY 2024 ends in September 2024.
| Fiscal Year | EPS Diluted | EPS Basic | YoY | |
|---|---|---|---|---|
| 2025 | $0.27 | $0.27 | +50.0% | |
| 2024 | $0.18 | $0.18 | -5.3% | |
| 2023 | $0.19 | $0.19 | -44.1% | |
| 2022 | $0.34 | $0.34 | -2.9% | |
| 2021 | $0.35 | $0.35 | +133.3% | |
| 2020 | $0.15 | $0.15 | +650.0% | |
| 2019 | $0.02 | $0.02 | +100.0% | |
| 2018 | $0.01 | $0.01 | -90.0% | |
| 2017 | $0.10 | $0.11 | +0.0% | |
| 2016 | $0.10 | $0.11 | +225.0% | |
| 2015 | $-0.08 | $-0.08 | — |
| Report Date | Filed | Accession Number | |
|---|---|---|---|
| 2025-12-31 | 2026-02-23 | 0001193125-26-064115 | SEC ↗ |
| 2024-12-31 | 2025-02-25 | 0000950170-25-026749 | SEC ↗ |
| 2023-12-31 | 2024-02-27 | 0000950170-24-021249 | SEC ↗ |
| 2022-12-31 | 2023-02-28 | 0000950170-23-005057 | SEC ↗ |
| 2021-12-31 | 2022-02-28 | 0001564590-22-007604 | SEC ↗ |
| 2020-12-31 | 2021-02-24 | 0001564590-21-008064 | SEC ↗ |
| 2019-12-31 | 2020-02-25 | 0001564590-20-006375 | SEC ↗ |
| 2018-12-31 | 2019-02-28 | 0001564590-19-005484 | SEC ↗ |
| 2017-12-31 | 2018-03-01 | 0001564590-18-004044 | SEC ↗ |
| 2016-12-31 | 2017-03-02 | 0001564590-17-003211 | SEC ↗ |
| 2015-12-31 | 2016-03-02 | 0001564590-16-013875 | SEC ↗ |
| 2014-12-31 | 2015-03-30 | 0001193125-15-111713 | SEC ↗ |