DEAEasterly Government Properties, Inc.

$1B

Q4 2023 Earnings

Real Estate REIT - Office

Income Statement

Revenue

$74M-0.9% YoY

Gross Profit

$48M65.3% margin

Operating Income

$42M56.2% margin

Net Income

$4M6.0% margin

EPS (Diluted)

$0.11

QoQ Revenue Growth

+0.8%

Cash Flow

Operating Cash Flow

$18M

Free Cash Flow

-$10M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$2.9B

Total Liabilities

$1.5B

Stockholders' Equity

$1.3B

Cash & Equivalents

$9M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$74M	$75M	-0.9%
Gross Profit	$48M	$49M	-1.8%
Operating Income	$42M	$42M	-1.5%
Net Income	$4M	$16M	-72.8%

Revenue Segments

Tenant Reimbursements

$2M59%

Real Estate, Other

$1M41%

DEA Q4 2023 Earnings — Easterly Government Properties, Inc. Revenue & Financial Results | Market Cap Arena