DEA (Easterly Government Properties, Inc.) Stock Financials & Earnings | Market Cap Arena

DEA (Easterly Government Properties, Inc.) Stock Financials & Earnings | Market Cap Arena

DEAEasterly Government Properties, Inc.

Mkt Cap$1B

Real Estate·REIT - Office·🇺🇸 United States·NYSE

Revenue (TTM)$336M

Net Income (TTM)$13M

EPS (TTM)$0.28

Free Cash Flow (TTM)$259M

Gross Margin49.2%

Op. Margin25.2%

Net Margin3.9%

FCF Margin77.1%

P/S Ratio (TTM)3.1x

P/E Ratio (TTM)79.5x

YoY Rev Growth+11.3%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$73M	$47M	$40M
Q2 23	$73M	$47M	$40M
Q3 23	$73M	$46M	$40M
Q4 23	$74M	$48M	$42M
Q1 24	$73M	$48M	$18M
Q2 24	$76M	$50M	$19M
Q3 24	$75M	$50M	$20M
Q4 24	$78M	$53M	$22M
Q1 25	$79M	$53M	$20M
Q2 25	$84M	$57M	$22M
Q3 25	$86M	$57M	$22M
Q4 25	$87M	-$631K	$21M

Valuation

Quarter	P/S	P/E
Q1 23	3.5x	36.9x
Q2 23	3.5x	39.9x
Q3 23	3.5x	33.7x
Q4 23	3.5x	55.0x
Q1 24	3.5x	52.9x
Q2 24	3.5x	54.3x
Q3 24	3.5x	55.8x
Q4 24	3.4x	52.9x
Q1 25	3.4x	57.3x
Q2 25	3.3x	59.1x
Q3 25	3.2x	74.6x
Q4 25	3.1x	79.5x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	$22M	$22M
Q2 23	$37M	$37M
Q3 23	$38M	$66M
Q4 23	$18M	-$10M
Q1 24	$24M	$24M
Q2 24	$57M	$57M
Q3 24	$57M	$57M
Q4 24	$25M	$25M
Q1 25	$24M	$24M
Q2 25	$38M	$38M
Q3 25	$155M	$155M
Q4 25	$42M	$42M

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$0
Q2 23	$0
Q3 23	$28M
Q4 23	$28M
Q1 24	$0
Q2 24	$0
Q3 24	$0
Q4 24	$0
Q1 25	$0
Q2 25	$0
Q3 25	$0
Q4 25	$0

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	+0.4%	-38.0%
Q2 23	-1.1%	+10.3%
Q3 23	-3.3%	+2.7%
Q4 23	-0.9%	-0.1%
Q1 24	+0.2%	+66.3%
Q2 24	+4.7%	+74.8%
Q3 24	+1.9%	+65.0%
Q4 24	+5.8%	+75.1%
Q1 25	+8.1%	+6.3%
Q2 25	+10.5%	+9.3%
Q3 25	+15.2%	+18.7%
Q4 25	+11.2%	+16.0%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$2M	2.3%
Q2 23	$1M	1.8%
Q3 23	$2M	2.3%
Q4 23	$1M	1.5%
Q1 24	$1M	1.7%
Q2 24	$1M	1.5%
Q3 24	-$181K	-0.2%
Q4 24	$1M	1.3%
Q1 25	$1M	1.8%
Q2 25	$1M	1.7%
Q3 25	$2M	1.9%
Q4 25	$2M	1.8%

OpEx Breakdown

Quarter	G&A	S&M
Q1 23	$7M	—
Q2 23	$7M	—
Q3 23	$6M	—
Q4 23	$7M	—
Q1 24	$6M	—
Q2 24	$7M	—
Q3 24	$5M	—
Q4 24	$6M	$49K
Q1 25	$6M	—
Q2 25	$7M	—
Q3 25	$6M	—
Q4 25	$7M	—

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$9M	$0	$9M
Q2 23	$10M	$0	$10M
Q3 23	$21M	$0	$21M
Q4 23	$9M	$0	$9M
Q1 24	$44M	$3M	$46M
Q2 24	$15M	$2M	$17M
Q3 24	$31M	$0	$31M
Q4 24	$19M	$0	$19M
Q1 25	$8M	$0	$8M
Q2 25	$5M	$0	$5M
Q3 25	$4M	$0	$4M
Q4 25	$23M	$0	$23M

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	37M	+0.2%
Q2 23	37M	+1.4%
Q3 23	38M	+1.4%
Q4 23	39M	+4.8%
Q1 24	41M	+3.9%
Q2 24	41M	+0.9%
Q3 24	42M	+0.7%
Q4 24	42M	+2.1%
Q1 25	43M	+2.2%
Q2 25	44M	+2.0%
Q3 25	45M	+1.0%
Q4 25	46M	+3.6%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 14	$253K	25
FY 15	$3M	25
FY 16	$4M	27
FY 17	$4M	30
FY 18	$5M	32
FY 19	$6M	37
FY 20	$5M	45
FY 21	$5M	53
FY 22	$5M	54
FY 23	$5M	56
FY 24	$6M	50
FY 25	$6M	55