DEA Q1 2024 Earnings — Easterly Government Properties, Inc. Revenue & Financial Results | Market Cap Arena

DEAEasterly Government Properties, Inc.

$1B

Q1 2024 Earnings

Real Estate REIT - Office

Income Statement

Revenue

$73M+0.2% YoY

Gross Profit

$48M65.9% margin

Operating Income

$18M24.3% margin

Net Income

$5M6.4% margin

EPS (Diluted)

$0.11

QoQ Revenue Growth

-1.6%

Cash Flow

Operating Cash Flow

$24M

Free Cash Flow

$24M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$2.9B

Total Liabilities

$1.6B

Stockholders' Equity

$1.3B

Cash & Equivalents

$44M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$73M	$73M	+0.2%
Gross Profit	$48M	$47M	+2.5%
Operating Income	$18M	$40M	-55.1%
Net Income	$5M	$4M	+18.9%

Revenue Segments

Tenant Reimbursements

$1M68%

Real Estate, Other

$487,00032%