Stocks · Real estate · Real Estate Investment Trusts

Easterly Government Properties, Inc.

DEA Clue Score37
United States Fiscal year ends December CIK 0001622194
$23.08 -0.60% Close, 9 Oct 2026
Price $23.08 +9.80% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue104.6Operating income13.7Net income4.0EPS, diluted0.12Fiscal year 2017Revenue130.7 +24.9%Operating income22.8Net income4.4 +12.2%EPS, diluted0.10Fiscal year 2018Revenue160.6 +22.9%Net income5.7 +28.2%EPS, diluted0.08Fiscal year 2019Revenue221.7 +38.1%Net income7.2 +26.3%EPS, diluted0.10Fiscal year 2020Revenue245.1 +10.5%Net income12.0 +66.0%EPS, diluted0.15Fiscal year 2021Revenue274.9 +12.2%Net income30.1 +151.3%EPS, diluted0.35Fiscal year 2022Revenue293.6 +6.8%Net income31.5 +4.7%EPS, diluted0.34Fiscal year 2023Revenue287.2 −2.2%Net income18.8 −40.3%EPS, diluted0.48Fiscal year 2024Revenue302.1 +5.2%Net income19.6 +4.0%EPS, diluted0.46Fiscal year 2025Revenue336.1 +11.3%Net income13.0 −33.5%EPS, diluted0.27
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 104.6 130.7 160.6 221.7 245.1 274.9 293.6 287.2 302.1 336.1
Growth +24.9% +22.9% +38.1% +10.5% +12.2% +6.8% −2.2% +5.2% +11.3%
Operating income 13.7 22.8 n/a n/a n/a n/a n/a n/a n/a n/a
Net income 4.0 4.4 5.7 7.2 12.0 30.1 31.5 18.8 19.6 13.0
Growth +12.2% +28.2% +26.3% +66.0% +151.3% +4.7% −40.3% +4.0% −33.5%
EPS, diluted 0.12 0.10 0.08 0.10 0.15 0.35 0.34 0.48 0.46 0.27

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2016Operating margin13.1%Net margin3.8%Fiscal year 2017Operating margin17.4%Net margin3.4%Fiscal year 2018Net margin3.6%Fiscal year 2019Net margin3.3%Fiscal year 2020Net margin4.9%Fiscal year 2021Net margin10.9%Fiscal year 2022Net margin10.7%Fiscal year 2023Net margin6.5%Fiscal year 2024Net margin6.5%Fiscal year 2025Net margin3.9%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating margin 13.1% 17.4% n/a n/a n/a n/a n/a n/a n/a n/a
Net margin 3.8% 3.4% 3.6% 3.3% 4.9% 10.9% 10.7% 6.5% 6.5% 3.9%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flow
Fiscal year 2016Operating cash flow47.4Dividends paid−40.3Fiscal year 2017Operating cash flow49.2Dividends paid−49.2Fiscal year 2018Operating cash flow62.8Dividends paid−66.0Fiscal year 2019Operating cash flow142.3Dividends paid−81.9Fiscal year 2020Operating cash flow145.2Dividends paid−91.7Fiscal year 2021Operating cash flow118.3Dividends paid−100.0Fiscal year 2022Operating cash flow125.9Dividends paid−109.2Fiscal year 2023Operating cash flow114.5Dividends paid−112.4Fiscal year 2024Operating cash flow162.6Dividends paid−115.9Fiscal year 2025Operating cash flow259.2Dividends paid−94.6
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 47.4 49.2 62.8 142.3 145.2 118.3 125.9 114.5 162.6 259.2
Dividends paid −40.3 −49.2 −66.0 −81.9 −91.7 −100.0 −109.2 −112.4 −115.9 −94.6

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash4.8Total debt293.0Net cash (debt)−288.1Shareholders’ equity560.5Debt to equity0.52Fiscal year 2017Cash12.7Total debt575.9Net cash (debt)−563.2Shareholders’ equity667.8Debt to equity0.86Fiscal year 2018Cash6.9Total debt766.4Net cash (debt)−759.5Shareholders’ equity894.2Debt to equity0.86Fiscal year 2019Cash12.0Total debt901.8Net cash (debt)−889.8Shareholders’ equity1,062.6Debt to equity0.85Fiscal year 2020Cash8.5Total debt978.3Net cash (debt)−969.8Shareholders’ equity1,154.6Debt to equity0.85Fiscal year 2021Cash11.1Total debt1,211.1Net cash (debt)−1,200.0Shareholders’ equity1,282.7Debt to equity0.94Fiscal year 2022Cash7.6Total debt1,251.4Net cash (debt)−1,243.8Shareholders’ equity1,244.9Debt to equity1.01Fiscal year 2023Cash9.4Total debt1,294.8Net cash (debt)−1,285.5Shareholders’ equity1,322.2Debt to equity0.98Fiscal year 2024Cash19.4Total debt1,598.8Net cash (debt)−1,579.5Shareholders’ equity1,321.1Debt to equity1.21Fiscal year 2025Cash23.4Total debt1,666.3Net cash (debt)−1,643.0Shareholders’ equity1,323.1Debt to equity1.26
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 4.8 12.7 6.9 12.0 8.5 11.1 7.6 9.4 19.4 23.4
Total debt 293.0 575.9 766.4 901.8 978.3 1,211.1 1,251.4 1,294.8 1,598.8 1,666.3
Net cash (debt) −288.1 −563.2 −759.5 −889.8 −969.8 −1,200.0 −1,243.8 −1,285.5 −1,579.5 −1,643.0
Shareholders’ equity 560.5 667.8 894.2 1,062.6 1,154.6 1,282.7 1,244.9 1,322.2 1,321.1 1,323.1
Debt to equity 0.52 0.86 0.86 0.85 0.85 0.94 1.01 0.98 1.21 1.26

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023† 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Revenue and profit
104.6 130.7 160.6 221.7 245.1 274.9 293.6 287.2 302.1 336.1
Growth +24.9% +22.9% +38.1% +10.5% +12.2% +6.8% −2.2% +5.2% +11.3%
21.1 24.9 30.9 48.3 48.4 56.7 66.8 72.0 70.2 77.5
13.7 22.8 n/a n/a n/a n/a n/a n/a n/a n/a
Growth +66.5%
4.0 4.4 5.7 7.2 12.0 30.1 31.5 18.8 19.6 13.0
Growth +12.2% +28.2% +26.3% +66.0% +151.3% +4.7% −40.3% +4.0% −33.5%
Per share
0.13 0.11 0.09 0.10 0.15 0.35 0.34 0.48 0.46 0.27
0.12 0.10 0.08 0.10 0.15 0.35 0.34 0.48 0.46 0.27
Growth −16.7% −20.0% +25.0% +50.0% +133.3% −2.9% +41.2% −4.2% −41.3%
30.6 39.6 53.5 68.8 78.2 84.0 90.6 37.7 41.4 44.9
32.4 41.6 54.9 69.2 78.8 84.6 90.9 37.8 41.5 45.1
Growth +28.4% +32.2% +26.0% +13.8% +7.4% +7.5% −58.4% +9.7% +8.6%

† The diluted share count jumps at 2023, so per-share figures either side of that column are not comparable. Usually a split, but the break lands on the restatement boundary rather than on the split date, because every column is that period’s latest filing.

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue grew 6.5% a year over five years.
  • Profitable in every one of the 10 years on file.