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DEAEasterly Government Properties, Inc.
$23.23$1.1B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
DEA logo

Easterly Government Properties, Inc.

DEA
NYSE · Office REITs
$23.23
At close - Oct 1, 4:00 PM EDT - USD
Market Cap$1.08B
P/E80.1x
52W High$25.96
Volume1.28M
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

Acquisition-Fueled Growth Amid Rising Leverage Concerns

Easterly Government Properties has accelerated revenue growth to 16.4% year-over-year in Q1 2026, driven by government-focused acquisitions, but this expansion is financed entirely through debt, increasing the debt-to-equity ratio to 1.27 as of Q2 2026. The co...

GrowthAccelerating
ProfitabilityModerate
ValuationAttractive
TechnicalsWeak
Explore valuation models
MARKET ACTION

DEA price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

3/12 Beats

EPS beat 3 of last 12 quarters

02

Valuation risk

+299% Peers

P/E is 299% above peer median

03

Market leadership

RS 45 · Lag

Laggard (Underperforming 55% of market)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystEstimated earnings · Nov 3

Market performance

Price History →

Trailing total returns as of 10/3/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
DEA+15.35%
S&P 500 (^GSPC)+11.83%
1-Year Return
DEA+10.31%
S&P 500 (^GSPC)+14.29%
3-Year Return
DEA+3.34%
S&P 500 (^GSPC)+78.94%
5-Year Return
DEA-37.83%
S&P 500 (^GSPC)+74.70%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y High
80.7x
Forward P/E
101.7x
EV/EBITDA20th %ile
13.8x
FCF YieldCash Flow
23.8%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
80.7x
65.9x
100th· High
EV/EBITDA
13.8x
15.8x
20th· Low
Price/FCF
4.2x
7.2x
40th· Fair
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$24.52+5.6%
Base (Fair)$32.00+36.8%
Bull$40.66+75.0%
$24.52 Bear$32.00 Base$40.66 Bull
Current Market Price: $23.23
Trades at a 27.4% discount to Base DCF ($32.00)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue
$336M+11.3% YoY
Net income
$13M-33.5% YoY
Free cash flow
$259M+59.4% YoY
Operating margin
24.9%-1.1 pts YoY
ROIC (TTM)2.1%
Avg ROIC 5Y-
ROE (TTM)0.9%
Piotroski Score5 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate3/12 (25%)
Revenue Beat Rate1/12 (8%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Aug 3, 2026
$0.06+9.1%
vs $0.06
$90M-1.4%
vs $91M
Q2 2026
Apr 27, 2026
$0.02-77.8%
vs $0.09
$89M+3.2%
vs $86M
Q1 2026
Feb 23, 2026
$0.10-4.8%
vs $0.10
$84M-2.4%
vs $86M
Q4 2025
Oct 27, 2025
$0.03-96.1%
vs $0.76
$82M-1.7%
vs $84M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
Business Wire·Sep 9, 2026
Easterly Government Properties to Participate in Evercore Real Estate Conference

WASHINGTON--(BUSINESS WIRE)--Easterly Government Properties, Inc. (NYSE: DEA) (the “Company” or “Easterly”), a fully integrated real estate investment trust (“REIT”) focused primarily on the acquisition, development and management of Class A commercial properties leased to the U.S. Government and its adjacent partners, announced today that management will participate in virtual investor meetings at the Evercore Real Estate Conference on September 10th, 2026.Electronic copies of the written mater.

Defense World·Sep 2, 2026
Head to Head Analysis: Easterly Government Properties (NYSE:DEA) & Japan Real Estate Investment (OTCMKTS:JREIF)

Japan Real Estate Investment (OTCMKTS:JREIF - Get Free Report) and Easterly Government Properties (NYSE: DEA - Get Free Report) are both real estate companies, but which is the superior business? We will compare the two businesses based on the strength of their dividends, earnings, institutional ownership, risk, valuation, profitability and analyst recommendations. Profitability This table compares

GuruFocus·Aug 24, 2026
ORZEYFUL (oveporexton) Approved in Japan as the First and Only Medicine to Treat the Underlying Cause of Narcolepsy Type 1

Takeda ([url="]TOKYO:4502/NYSE: TAK[/url]) announced that the Japanese Ministry of Health, Labour and Welfare (MHLW) approved the use of ORZEYFUL (oveporexton) f

Defense World·Aug 21, 2026
Contrasting Easterly Government Properties (NYSE:DEA) and Slate Office REIT (OTCMKTS:SLTTF)

Slate Office REIT (OTCMKTS:SLTTF - Get Free Report) and Easterly Government Properties (NYSE: DEA - Get Free Report) are both real estate companies, but which is the better investment? We will compare the two businesses based on the strength of their earnings, risk, dividends, valuation, institutional ownership, profitability and analyst recommendations. Insider and Institutional Ownership 86.5%

Filtered for Easterly Government Properties, Inc.More Headlines
04

Compare before deciding

Benchmark DEA against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Easterly Government Properties, Inc. (DEA)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
DEA logoDEAEasterly Government Properties, Inc.Current
$23.23$1.08B80.1011.27%3.87%0.94%9.04%
CTRE logoCTRECareTrust REIT, Inc.
$35.91$8.48B22.87108.79%65.4%8.51%—
GMRE logoGMREGlobal Medical REIT Inc.
$35.74$94.26M115.297.08%-8.18%-2.31%—
GOOD logoGOODGladstone Commercial Corporation
$12.72$615.74M31.028%14.55%11.68%—
GTY logoGTYGetty Realty Corp.
$27.84$1.72B20.629.02%42.74%9.27%—
VNO logoVNOVornado Realty Trust
$33.56$6.31B7.991.27%3.71%1%—

Compare DEA vs Peers

Easterly Government Properties, Inc. (DEA) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs CTRE

Most directly comparable listed peer for DEA.

Scale Benchmark

vs AMT

Larger-name benchmark to compare DEA against a more recognizable public peer.

Peer Set

Compare Top 5

vs CTRE, GMRE, GOOD, GTY

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

DEA SEC Filings & Documents

Easterly Government Properties, Inc. (DEA) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Aug 5, 2026·SEC

Material company update

Aug 3, 2026·SEC

Material company update

Jun 30, 2026·SEC

10-K Annual Reports

3
FY 2026

Feb 23, 2026·SEC

FY 2025

Feb 25, 2025·SEC

FY 2024

Feb 27, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Aug 3, 2026·SEC

FY 2026

Apr 27, 2026·SEC

FY 2025

Oct 27, 2025·SEC

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DEA Frequently Asked Questions

Easterly Government Properties, Inc. (DEA) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Easterly Government Properties, Inc.'s revenue?

Easterly Government Properties, Inc. (DEA) reported $357.2M in revenue for fiscal year 2025. This represents a 17874% increase from $2.0M in 2012.

How fast is Easterly Government Properties, Inc. growing?

Easterly Government Properties, Inc. (DEA) grew revenue by 11.3% over the past year. This is steady growth.

Is DEA profitable?

Yes, Easterly Government Properties, Inc. (DEA) is profitable, generating $10.2M in net income for fiscal year 2025 (3.9% net margin).

Dividend & Returns
Does DEA pay dividends?

Yes, Easterly Government Properties, Inc. (DEA) pays a dividend with a yield of 9.04%. This makes it attractive for income-focused investors.

What is DEA's return on equity?

Easterly Government Properties, Inc. (DEA) has a return on equity (ROE) of 0.9%. This is below average, suggesting room for improvement.

Industry Metrics
What is Easterly Government Properties, Inc.'s FFO?

Easterly Government Properties, Inc. (DEA) generated Funds From Operations (FFO) of $134.2M in the trailing twelve months. FFO is the primary profitability metric for REITs.

Is DEA a good dividend stock?

Easterly Government Properties, Inc. (DEA) offers a 9.04% dividend yield, which is attractive for income investors. REITs are required to distribute at least 90% of taxable income to shareholders.

What if you invested $1,000 in DEA back in 2012?

Total return calculator · dividends reinvested · 14+ years of data

See returns →