undamentalytics Newsletter
Sign in

Easterly Government Properties, Inc. (DEA) stock

Add to watchlist

Add holding +

NYSE: DEA NYSE Health Care REITs Next results ~January 25, 2027

D Fundamentals grade

Easterly Government Properties, Inc. is a US-listed company in the health care REITs industry. Its financial year ends in December.

Stock price today

Loading chart…

Third-party market data · may be delayed

Model estimate per share

~$49

Valuation models combined (2)

Base case. Range ~$37–$55. Weighted average of 2 models (funds-from-operations model, dividend discount (growing dividend)), the funds-from-operations model counting double.

Price vs value

No Buy/Hold/Sell rating is issued: only 2 valuation models apply; a rating needs 3.

Easterly Government Properties, Inc. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Funds141 adding, 83 cuttingOf 30 active managers that changed their stake, 16 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Easterly Government Properties files

Where Easterly Government Properties stands after its latest 10-Q

Revenue for the twelve months to September 2026 was $365m, up 11.4% on a year earlier, slower than the 13.0% growth a quarter earlier. The diluted share count is up 6.1% on a year earlier, which dilutes existing holders.

Source: 10-Q filed October 26, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~January 25, 2027 (estimated)

Easterly Government Properties, Inc.'s trailing-twelve-month revenue grew 11.4% year on year, with a free-cash-flow margin of 9.7%. Where it lags: change in growth rate of -1.6pp ranks 14 of 17 health care reits companies we cover.

Current signal Free cash flow diverging from earnings: TTM free cash flow fell 73.5% while net income grew 4.6%: a 78pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Margins widening. Operating margin is up 3.5 points on a year ago.
  • Estimates rising. Analysts' consensus for next year's earnings per share has risen 92.9% over 90 days.

Things to watch

  • Share dilution. Diluted shares rose 6.1% in a year.
  • High debt. Long-term debt exceeds cash by $1.7bn, more than 1.5 times annual revenue.
  • High earnings multiple. The shares trade at 73 times the last 12 months' earnings, so expectations are demanding.
  • Below peers: change in growth rate. Change in growth rate of -1.6pp ranks 14 of 17 health care reits companies we cover (median +1.1pp).

Latest results: FY2026 Q3

Filed October 26, 2026
Earnings per share
$0.11 against an average estimate of $0.07: beat by 57.1%
Revenue
$94m, up 8.7% on a year earlier
Share reaction
0.0% in the first session after the results on October 26, 2026, against +1.3% for the S&P 500
Guidance given
core FFO per share – fully diluted basis $3.08 to $3.13 (full-year 2026); net income (loss) per share – fully diluted basis $0.24 to $0.29 (Outlook for the 12 Months Ending December 31, 2026)
Next report
October 26, 2026

Easterly Government Properties' figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+1.5%
  • 1 week-2.1%
  • 1 month-3.1%
  • This year+13.3%
  • 1 year+13.4%
  • 5 years-37.9%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

Loading chart…

Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$365M
Net margin
4.0%
EPS (TTM, diluted)
$0.31

Growth

Revenue growth
+11.4%
Change in growth rate
−1.6 pts
Share count change
+6.1%

Earnings

Last results
October 26, 2026
Next results (est.)
January 25, 2027

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Results
  2. Guidance
  3. Announcement
  4. Results

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Easterly Government Properties, Inc. valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: only 2 valuation models apply; a rating needs 3.

Valuation models

We value Easterly Government Properties, Inc. as an equity reit, with every model that fits that kind of business. Cost of equity 7.7%: the 10-year Treasury yield (4.9%) plus a beta of 0.6 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Funds-from-operations model Funds from operations growing 2.5% a year, discounted at 8%. ~$55 ~$47–$68 Primary model, counts double
Price-to-FFO vs peers Funds from operations per share times peers' typical (harmonic-mean) price-to-FFO. ~$1.1 ~$26–$52 Left out: out of range vs price (0.05x)
Dividend discount (growing dividend) Today's dividend growing 2.5% a year, discounted at the cost of equity. ~$37 ~$31–$46 Included
Combined value Weighted average of the models that apply: the primary model (funds-from-operations model) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$49 ~$37–$55 2 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Easterly Government Properties, Inc. with equity REITs in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Moat

55 /100

Moderate moat

How hard Easterly Government Properties's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 0 / 20

    Net income has been a median 0.4% of total assets over 10 years.

  • Pricing power 20 / 20

    Gross margin has been a median 78.1%, moving by 1.9 percentage points (standard deviation) across 9 years.

  • Durability 10 / 20

    Net margin has been a median 4.4%; its worst year was 3.0%.

  • Cash conversion 15 / 20

    Free cash flow was positive in 9 of 10 years, at a median 12.7% of revenue.

  • Discipline 10 / 20

    The diluted share count rose 51.4% over five years; stock-based pay has been a median 2.1% of revenue.

AI disruption exposure: Low. In this industry, the business rests on physical assets, regulated networks or products AI itself depends on.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $0.28 +6% $371m +10%
Next $0.54 +90% $380m +2%

Next year's EPS estimate has moved +92.9% in 90 days, across 1 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +58.3% on 90 days ago. In the last 30 days, 1 analyst raised Easterly Government Properties, Inc.'s forecast and 0 cut it.

Consensus EPS forecast Easterly Government Properties, Inc., last 90 days
$0.00 $0.20 $0.40 $0.60 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $0.18 Current fiscal year, 60 days ago: $0.23 Current fiscal year, 30 days ago: $0.23 Current fiscal year, 7 days ago: $0.23 Current fiscal year, Now: $0.28 $0.28 Next fiscal year, 90 days ago: $0.28 Next fiscal year, 60 days ago: $0.30 Next fiscal year, 30 days ago: $0.30 Next fiscal year, 7 days ago: $0.32 Next fiscal year, Now: $0.54 $0.54

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $0.18$0.28
60 days ago $0.23$0.30
30 days ago $0.23$0.30
7 days ago $0.23$0.32
Now $0.28$0.54

Earnings against estimates

Quarter toEstimateActualSurprise
Sept 2026 $0.07 $0.11 +57.1%
Jun 2026 $0.06 $0.06 +9.1%
Dec 2025 $0.10 $0.10 −4.8%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, October 26, 2026
  • Core FFO per share – fully diluted basis full-year 2026 $3.08 to $3.13 Non-GAAP Raised
    “The Company is raising the lower end of its guidance for full-year 2026 Core FFO per share on a fully diluted basis at a range of $3.08 - $3.13.” source
  • Net income (loss) per share – fully diluted basis Outlook for the 12 Months Ending December 31, 2026 $0.24 to $0.29 GAAP
    “Net income (loss) per share - fully diluted basis $ 0.24 0.29” source
  • FFO per share – fully diluted basis Outlook for the 12 Months Ending December 31, 2026 $3.06 to $3.11 Non-GAAP
    “FFO per share - fully diluted basis $ 3.06 3.11” source
  • wholly owned acquisitions assumption full-year 2026 about $50m
    “This guidance assumes approximately $50 million of wholly owned acquisitions and $50 - $100 million of gross development-related investment during 2026.” source
  • gross development-related investment full-year 2026 $50m to $100m
    “This guidance assumes approximately $50 million of wholly owned acquisitions and $50 - $100 million of gross development-related investment during 2026.” source
  • Core FFO per share – fully diluted basis full-year 2027 $3.09 to $3.17 Non-GAAP New
    “The Company is issuing its guidance for full-year 2027 Core FFO per share on a fully diluted basis at a range of $3.09 - $3.17.” source
Show 4 more items
  • Net income (loss) per share – fully diluted basis Outlook for the 12 Months Ending December 31, 2027 $0.41 to $0.49 GAAP
    “Net income (loss) per share - fully diluted basis $ 0.41 0.49” source
  • FFO per share – fully diluted basis Outlook for the 12 Months Ending December 31, 2027 $3.07 to $3.15 Non-GAAP
    “FFO per share - fully diluted basis $ 3.07 3.15” source
  • wholly owned acquisitions assumption full-year 2027 about $50m
    “This guidance assumes approximately $50 million of wholly owned acquisitions and $25 - $50 million of gross development-related investment during 2027.” source
  • gross development-related investment full-year 2027 $25m to $50m
    “This guidance assumes approximately $50 million of wholly owned acquisitions and $25 - $50 million of gross development-related investment during 2027.” source

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

Analyst recommendations

7 analysts, Oct 2026
Buy229%
Hold457%
Sell114%

Monthly trend

  1. Oct 202611417
  2. Sep 202611417
  3. Aug 202611417

Counts of recommendations published by analysts covering Easterly Government Properties, Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
5.8%
of tradable shares
Days to cover
3.49
at average volume
Short interest, 1 month
−9%
to October 15, 2026
Held by institutions
81%
of shares
Held by insiders
5.8%
of shares
Employees
55
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months +13.4%

$19.99 on October 31, 2025 to $22.67

ThenNowEffect
Revenue (last 12 months) $316m $357m +13.0%
Net margin 5.5% 2.9% −48.4%
P/E multiple 49.2x 102.5x +108.6%
Share count 43m 46m −6.8%

Biggest factor: p/e multiple.

Last 3 years −0.4%

$22.76 on November 3, 2023 to $22.67

ThenNowEffect
Revenue (last 12 months) $291m $357m +22.7%
Net margin 8.9% 2.9% −67.9%
P/E multiple 32.2x 102.5x +218.2%
Share count 37m 46m −20.6%

Biggest factor: p/e multiple.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
DEA+6%−34%+2%−8%−19%+13%
Industry peers (median)+4%−15%+15%+19%+26%+11%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
DEA58%33%58%42%42%55%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
DEA−14%−37%−35%−23%−31%−15%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 62% from April 9, 2020 to April 21, 2025. Getting back needed a 165% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$19.41 – $25.17
From 52-week high
−9.9%
vs 50-day average
−2.7%
vs 200-day average
−1.6%
Volatility (1 year)
21%
Beta vs S&P 500
0.21

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
5 up, 7 down
typical move ±2.2%
After a week
5 up, 7 down
typical move ±2.3%
After a month
6 up, 5 down
typical move ±4.2%
Results releasedNext dayS&P 500 next day5 days21 days
October 26, 2026 0.0% +1.3% 0.0% —
August 3, 2026 +4.4% +3.3% +0.2% +2.5%
April 27, 2026 +0.9% −0.3% −2.3% +4.5%
February 23, 2026 −3.0% −0.3% −2.3% −8.2%
October 27, 2025 −3.1% +1.4% −4.6% −1.1%
August 5, 2025 −0.4% +0.3% +0.6% +3.7%
April 29, 2025 −3.5% +0.7% −0.8% +7.6%
February 25, 2025 +3.7% −0.4% +4.5% 0.0%
November 5, 2024 +0.6% +3.7% −1.7% −10.1%
July 31, 2024 −2.3% +0.2% −4.1% −4.2%
April 30, 2024 −1.1% −1.9% +2.4% +2.3%
February 27, 2024 +4.0% +0.1% +4.5% +2.5%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Easterly Government Properties, Inc. in five measures

Fundamentals grade D
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Easterly Government Properties, Inc.
$280M $300M $320M $340M $360M $380M FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue (TTM), FY23 Q4: $287.2M Revenue (TTM), FY24 Q1: $288.8M Revenue (TTM), FY24 Q2: $293.7M Revenue (TTM), FY24 Q3: $296.4M Revenue (TTM), FY24 Q4: $302.1M Revenue (TTM), FY25 Q1: $307.9M Revenue (TTM), FY25 Q2: $315.9M Revenue (TTM), FY25 Q3: $327.3M Revenue (TTM), FY25 Q4: $336.1M Revenue (TTM), FY26 Q1: $349M Revenue (TTM), FY26 Q2: $357.2M Revenue (TTM), FY26 Q3: $364.6M $364.6M

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue (TTM)
FY23 Q4 $287.2M
FY24 Q1 $288.8M
FY24 Q2 $293.7M
FY24 Q3 $296.4M
FY24 Q4 $302.1M
FY25 Q1 $307.9M
FY25 Q2 $315.9M
FY25 Q3 $327.3M
FY25 Q4 $336.1M
FY26 Q1 $349M
FY26 Q2 $357.2M
FY26 Q3 $364.6M
Revenue growth, TTM YoY Easterly Government Properties, Inc.
-5% 0% 5% 10% 15% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue growth, TTM YoY, FY23 Q4: -2.2% Revenue growth, TTM YoY, FY24 Q1: -1.3% Revenue growth, TTM YoY, FY24 Q2: 0.9% Revenue growth, TTM YoY, FY24 Q3: 2.9% Revenue growth, TTM YoY, FY24 Q4: 5.2% Revenue growth, TTM YoY, FY25 Q1: 6.6% Revenue growth, TTM YoY, FY25 Q2: 7.6% Revenue growth, TTM YoY, FY25 Q3: 10.4% Revenue growth, TTM YoY, FY25 Q4: 11.3% Revenue growth, TTM YoY, FY26 Q1: 13.3% Revenue growth, TTM YoY, FY26 Q2: 13.0% Revenue growth, TTM YoY, FY26 Q3: 11.4% 11.4%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q4 -2.2%
FY24 Q1 -1.3%
FY24 Q2 0.9%
FY24 Q3 2.9%
FY24 Q4 5.2%
FY25 Q1 6.6%
FY25 Q2 7.6%
FY25 Q3 10.4%
FY25 Q4 11.3%
FY26 Q1 13.3%
FY26 Q2 13.0%
FY26 Q3 11.4%
Operating margin (TTM) Easterly Government Properties, Inc.
0% 5% 10% 15% 20% FY15 Q4 FY16 Q3 FY17 Q2 FY18 Q3 Operating margin (TTM), FY15 Q4: 6.6% Operating margin (TTM), FY16 Q1: 11.7% Operating margin (TTM), FY16 Q2: 11.8% Operating margin (TTM), FY16 Q3: 11.9% Operating margin (TTM), FY16 Q4: 13.1% Operating margin (TTM), FY17 Q1: 13.2% Operating margin (TTM), FY17 Q2: 14.2% Operating margin (TTM), FY17 Q3: 16.2% Operating margin (TTM), FY17 Q4: 17.4% Operating margin (TTM), FY18 Q1: 19.2% Operating margin (TTM), FY18 Q2: 19.9% Operating margin (TTM), FY18 Q3: 19.7% 19.7%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Operating margin (TTM)
FY15 Q4 6.6%
FY16 Q1 11.7%
FY16 Q2 11.8%
FY16 Q3 11.9%
FY16 Q4 13.1%
FY17 Q1 13.2%
FY17 Q2 14.2%
FY17 Q3 16.2%
FY17 Q4 17.4%
FY18 Q1 19.2%
FY18 Q2 19.9%
FY18 Q3 19.7%
FCF margin (TTM) Easterly Government Properties, Inc.
0% 20% 40% 60% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 FCF margin (TTM), FY23 Q4: 8.1% FCF margin (TTM), FY24 Q1: 8.6% FCF margin (TTM), FY24 Q2: 14.6% FCF margin (TTM), FY24 Q3: 20.4% FCF margin (TTM), FY24 Q4: 22.0% FCF margin (TTM), FY25 Q1: 20.7% FCF margin (TTM), FY25 Q2: 12.7% FCF margin (TTM), FY25 Q3: 40.6% FCF margin (TTM), FY25 Q4: 43.2% FCF margin (TTM), FY26 Q1: 40.7% FCF margin (TTM), FY26 Q2: 40.6% FCF margin (TTM), FY26 Q3: 9.7% 9.7%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q4 8.1%
FY24 Q1 8.6%
FY24 Q2 14.6%
FY24 Q3 20.4%
FY24 Q4 22.0%
FY25 Q1 20.7%
FY25 Q2 12.7%
FY25 Q3 40.6%
FY25 Q4 43.2%
FY26 Q1 40.7%
FY26 Q2 40.6%
FY26 Q3 9.7%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q, 10-Q/A. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Sept 2026
Income
Revenue 105 131 161 222 245 275 294 287 302 336 365
Gross profit 84 106 130 173 197 218 227 215 232 259 281
EBITDA 60 78 — — — — — — — — —
Operating income 14 23 — — — — — — — — —
Net income 4 4 6 7 12 30 31 19 20 13 15
Diluted EPS $0.30 $0.25 $0.20 $0.25 $0.38 $0.88 $0.85 $0.48 $0.46 $0.27 $0.31
Growth (year on year)
Revenue — +24.9% +22.9% +38.1% +10.5% +12.2% +6.8% −2.2% +5.2% +11.3% +11.4%
EBITDA — +30.4% — — — — — — — — —
Operating income — +66.5% — — — — — — — — —
Net income — +12.2% +28.2% +26.3% +66.0% +151.3% +4.7% −40.3% +4.0% −33.5% +4.6%
Diluted EPS — −16.7% −20.0% +25.0% +50.0% +133.3% −2.9% −43.5% −4.2% −41.3% −1.4%
Margins
Gross margin 79.9% 80.9% 80.8% 78.2% 80.2% 79.4% 77.3% 74.9% 76.8% 76.9% 77.2%
EBITDA margin 56.9% 59.4% — — — — — — — — —
Operating margin 13.1% 17.4% — — — — — — — — —
Net margin 3.8% 3.4% 3.6% 3.3% 4.9% 10.9% 10.7% 6.5% 6.5% 3.9% 4.0%
Cash flow
Cash from operations 47 49 63 142 145 118 126 114 163 259 161
Stock-based pay 3 3 3 5 4 5 7 6 3 6 8
Balance sheet
Cash 5 13 7 12 8 11 8 9 19 23 3
Total debt 293 580 771 908 983 1,216 1,256 1,300 1,605 1,676 1,674
Net debt (negative = net cash) 288 567 764 896 975 1,205 1,249 1,290 1,586 1,652 1,671
Diluted shares 13m 17m 22m 28m 32m 34m 36m 38m 42m 45m 47m
Returned to shareholders
Dividends 40 49 66 82 92 100 109 112 116 95 88
Total returned 40 49 66 82 92 100 109 112 116 95 88

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Dividends, buybacks and capital spending

Dividends (TTM)
$87.6M
Returned to shareholders
248%
of free cash flow
Diluted share count
+6.1%
year over year
Total shareholder yield
8.2%
dividends 8.2% + buybacks 0.0% of market value
Dividend payout ratio
604%
of net income paid out

Competitors: side by side with peers

Closest by revenue in health care reits
Last 12 months unless stated DEA LTC NHP NHI CTRE STRW Median
Revenue, last 12 months $365m $348m $344m $432m $571m $160m $919m
Revenue growth, last 12 months 11.4% 59.8% −1.2% 23.9% 53.0% 18.3% 15.0%
Revenue growth, 3-year average 8.2% 22.5% 0.2% 12.0% 40.9% 18.4% 12.0%
Revenue growth, latest quarter 8.7% 64.1% 2.6% 33.8% 43.5% 5.8% 11.1%
Gross margin 77.2% — 37.9% — 100.0% — 60.1%
Operating margin 19.7% 62.6% 3.2% 58.1% — 54.5% 35.3%
Operating margin, 3-year average 15.9% 83.2% −10.7% 67.9% — 53.0% 35.7%
Net margin 4.0% 38.9% −16.7% 38.6% 62.2% 5.3% 7.8%
Cash from operations / revenue 44.2% 40.7% 14.7% 57.5% 78.2% 51.9% 41.7%
Free-cash-flow margin 9.7% 37.5% 6.9% 36.5% 58.3% 25.9% 15.1%
Free-cash-flow margin, 3-year average 23.6% 47.6% −10.1% 39.0% 59.7% 27.7% 19.1%
Stock pay / revenue 2.1% 2.5% 1.6% 1.5% 2.0% 2.1% 1.6%
Change in share count 6.1% 7.4% 29.5% 5.7% 23.8% 31.7% 6.1%

Median of all 17 companies we cover in health care reits. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

17 health care reits companies
Measure Company Peer median Rank
Revenue growth Growth 11.4% 15.0% 10 of 17
Change in growth rate Growth -1.6pp +1.1pp 14 of 17
Net margin Profitability 4.0% 7.8% 12 of 17
Stock pay as % of revenue Cash generation 2.1% 1.8% 12 of 16
Long-term debt as % of assets Balance sheet 49.7% 47.4% 9 of 14
Change in share count Balance sheet 6.1% 6.1% 9 of 17

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Products and services
Line of business Revenue YoY
Real Estate Other $6M ▲ 67.3%
Tenant Reimbursements $5.9M ▼ 10.5%

These categories overlap or exclude eliminations, so shares aren't shown.

From Easterly Government Properties, Inc.'s 10-K filed February 23, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$918M
Institutions reporting
253
Shares held vs prior quarter
▲ 2.8%
Positions opened / closed
41 / 17

Top buyers and sellers, Q2 2026: 141 institutions bought and 83 sold ; the biggest buyer was Bessemer Group Inc (+257K shares) and the biggest seller Victory Capital Management Inc (−276K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $200M 8.0M 21.8% ▲ 2.2%
Vanguard Portfolio Management LLC $69.6M 2.8M 7.6% ▲ 4.2%
State Street Corp $61.8M 2.5M 6.7% 0.0%
Vanguard Capital Management LLC $48.6M 2.0M 5.3% ▲ 1.6%
Mirae Asset Global Etfs Holdings Ltd. $38.2M 1.5M 4.2% ▲ 3.3%
Geode Capital Management, LLC $34.1M 1.4M 3.7% ▲ 6.8%
Two Sigma Investments, LP $31M 1.2M 3.4% ▼ 8.6%
Charles Schwab Investment Management Inc $25.7M 1.0M 2.8% ▲ 2.1%
Invesco Ltd. $25.5M 1.0M 2.8% ▲ 30.7%
Balyasny Asset Management L.P. $25M 1.0M 2.7% ▼ 6.3%
Morgan Stanley $21.6M 866K 2.4% ▲ 11.1%
Victory Capital Management Inc $20.8M 834K 2.3% ▼ 24.9%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Easterly Government Properties, Inc.'s complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $0 0 trades by 0 insiders
Net ▲ $0 net buying

No open-market insider trades reported in the last 12 months.

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 5 trades and filings

No trades in Easterly Government Properties, Inc. disclosed in the last 12 months; 5 earlier trades on record.

  • Alan S. Lowenthal(D-CA 47):Sale (full), $1,001 - $15,000, traded March 1, 2019, filed March 18, 2019
  • Ed Whitfield(KY):Purchase, $1,001 - $15,000, traded July 12, 2016, filed August 12, 2016
  • Ed Whitfield(KY):Purchase, $1,001 - $15,000, traded January 20, 2016, filed February 2, 2016

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around January 25, 2027 estimated from the company's past filing pattern, not announced

  • October 26, 2026
  • August 3, 2026
  • April 27, 2026
  • February 23, 2026
  • October 27, 2025
  • August 5, 2025

Recent SEC filings

Data status

When each part of this page on Easterly Government Properties, Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Easterly Government Properties, Inc. in brief

What does Easterly Government Properties, Inc. do?
Easterly Government Properties, Inc. is a US-listed company in the health care REITs industry. Its financial year ends in December.
What is Easterly Government Properties, Inc.'s stock ticker?
Easterly Government Properties, Inc. trades under the ticker DEA on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Easterly Government Properties, Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Easterly Government Properties, Inc. reported revenue of $365M, 11.4% higher than a year earlier, according to its SEC filings.
What is Easterly Government Properties, Inc.'s free cash flow?
Easterly Government Properties, Inc.'s free-cash-flow margin is 9.7% of revenue over the trailing twelve months.
Who are Easterly Government Properties, Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Vanguard Portfolio Management LLC and State Street Corp. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is Easterly Government Properties, Inc.'s market cap?
On November 2, 2026, Easterly Government Properties, Inc.'s market capitalisation was about $1.1B, with a price-to-earnings ratio of 73.0 and net debt of $1.7B. Market figures come from third-party market data and may be delayed.
Does Easterly Government Properties, Inc. pay a dividend?
Yes: Easterly Government Properties, Inc. paid $87.6M in dividends over the trailing twelve months, a dividend yield of 8.17% and a payout ratio of 603.9%.
Who are Easterly Government Properties, Inc.'s competitors?
In our Health Care REITs peer group, the companies closest to Easterly Government Properties, Inc. are LTC Properties Inc, National Healthcare Properties, Inc., National Health Investors Inc, Caretrust Reit, Inc. and Strawberry Fields Reit, Inc. The side-by-side comparison below sets their revenue, margins and growth against Easterly Government Properties, Inc.'s.
When is Easterly Government Properties, Inc.'s next earnings date?
Around January 25, 2027, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Easterly Government Properties, Inc. announces its own schedule.