DEA Q2 2024 Earnings — Easterly Government Properties, Inc. Revenue & Financial Results | Market Cap Arena

DEAEasterly Government Properties, Inc.

$1B

Q2 2024 Earnings

Real Estate REIT - Office

Income Statement

Revenue

$76M+4.7% YoY

Gross Profit

$50M65.9% margin

Operating Income

$19M25.0% margin

Net Income

$5M6.0% margin

EPS (Diluted)

$0.11

QoQ Revenue Growth

+4.7%

Cash Flow

Operating Cash Flow

$57M

Free Cash Flow

$57M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$3.0B

Total Liabilities

$1.6B

Stockholders' Equity

$1.3B

Cash & Equivalents

$15M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$76M	$73M	+4.7%
Gross Profit	$50M	$47M	+6.7%
Operating Income	$19M	$40M	-52.5%
Net Income	$5M	$5M	-9.6%

Revenue Segments

Tenant Reimbursements

$3M81%

Real Estate, Other

$673,00019%