DEA - Easterly Government Properties, Inc.
Price:
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--
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CONSENSUS:
Hold
DETAILS
|
PRICE TARGET:
$16.41
DETAILS
HIGH:
$26.45
LOW:
$11.00
MEDIAN:
$14.00
CONSENSUS:
$16.41
DOWNSIDE:
30.91%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||
| Revenue | 336.1 | 302.1 | 287.2 | 293.6 | 274.9 | 245.1 | 221.7 | 160.6 | 130.7 | 104.6 | 71.4 | 6.3 | 4.0 | 2.0 |
| Cost of Revenue | 339.2 | 101.1 | 102.4 | 97.7 | 87.1 | 77.6 | 73.7 | 48.2 | 38.6 | 31.0 | 20.3 | 0 | 0 | 0 |
| Gross Profit | (3.1) | 201.0 | 184.8 | 195.9 | 187.7 | 167.4 | 148.1 | 112.4 | 92.0 | 73.6 | 51.1 | 6.3 | 4.0 | 2.0 |
| Operating Expenses | ||||||||||||||
| R&D Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 26.0 | 24.4 | 27.1 | 24.8 | 23.5 | 20.6 | 20.2 | 14.8 | 12.9 | 12.3 | 8.9 | 9.9 | 5.6 | 3.2 |
| Other Expenses | (112.9) | 97.9 | 91.3 | 98.3 | 91.3 | 0 | 0 | 66.4 | 54.9 | 46.6 | 35.2 | 0 | 0 | (0.2) |
| Operating Expenses | (86.9) | 122.3 | 118.4 | 123.0 | 114.8 | 20.6 | 20.2 | 112.4 | 69.3 | 60.7 | 46.3 | 0.8 | 5.6 | 3.0 |
| Operating Income | ||||||||||||||
| Operating Income | 83.8 | 78.7 | 66.4 | 72.9 | 73.0 | 146.8 | 127.9 | 31.1 | 22.8 | 12.9 | 4.0 | (3.6) | (1.6) | (3.0) |
| Interest Expense | 74.5 | 62.4 | 49.2 | 47.4 | 38.6 | 35.5 | 33.5 | 22.9 | 17.1 | 8.2 | 5.0 | 0 | 0 | 0 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | ||||||||||||||
| EBITDA | 201.9 | 179.3 | 161.5 | 181.2 | 163.9 | 140.9 | 121.6 | 96.0 | 77.3 | 59.6 | 32.5 | 67.8 | (1.6) | (15.6) |
| EBIT | 88.0 | 83.0 | 70.2 | 82.9 | 72.6 | 53.0 | 35.4 | 29.6 | 22.5 | 13.7 | (0.4) | 67.8 | (1.6) | (3.0) |
| Income Before Tax | 13.6 | 20.6 | 21.1 | 35.6 | 34.0 | 13.5 | 8.2 | 6.7 | 5.4 | 5.5 | (6.0) | 67.8 | 26.1 | 9.6 |
| Income Tax Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9.5 | 5.5 | 0 | 0 | 12.3 |
| Net Income | 13.0 | 19.6 | 18.8 | 31.5 | 30.1 | 12.0 | 7.2 | 5.7 | 4.4 | 4.0 | (1.3) | 2.4 | (4.3) | (2.6) |
| Per Share Data | ||||||||||||||
| EPS (Basic) | 0.29 | 0.46 | 0.48 | 0.85 | 0.88 | 0.37 | 0.10 | 0.28 | 0.28 | 0.33 | -0.20 | 0.34 | -0.47 | -0.30 |
| EPS (Diluted) | 0.29 | 0.46 | 0.48 | 0.85 | 0.87 | 0.37 | 0.10 | 0.25 | 0.25 | 0.30 | -0.20 | 0.34 | -0.47 | -0.30 |
| Shares Outstanding | 44.9 | 41.4 | 37.7 | 36.2 | 34.4 | 32.1 | 28.8 | 21.4 | 17.8 | 13.2 | 8.6 | 7.1 | 9.7 | 8.9 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 23.4 | 19.4 | 9.4 | 7.6 | 11.1 | 8.5 | 12.0 | 6.9 | 12.7 | 4.8 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 85.8 | 105.3 | 66.3 | 58.8 | 58.7 | 45.1 | 43.6 | 32.8 | 22.1 | 14.4 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (4.6) | (4.0) | (3.8) |
| Other Current Assets | 10.3 | 8.5 | 12.6 | 9.7 | (20.9) | (19.5) | 3.5 | 4.3 | 3.5 | 1.6 |
| Total Current Assets | 119.4 | 133.1 | 88.2 | 76.1 | 78.9 | 59.7 | 61.0 | 62.2 | 47.1 | 24.0 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,626.6 | 1,230.2 | 901.4 |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 183.9 | 161.4 | 148.5 | 157.3 | 186.3 | 163.4 | 168.6 | 165.7 | 143.1 | 113.8 |
| Long-Term Investments | 304.7 | 316.5 | 284.5 | 271.6 | 131.8 | 0 | 0 | (3,488.2) | (2,655.5) | (1,948.3) |
| Other Non-Current Assets | 2,771.7 | 2,612.1 | 2,358.5 | 2,324.3 | 2,429.1 | 2,234.4 | 2,005.0 | 1,633.6 | 1,235.1 | 907.6 |
| Total Non-Current Assets | 3,260.4 | 3,090.0 | 2,791.5 | 2,753.3 | 2,747.2 | 2,397.8 | 2,173.6 | 1,799.3 | 1,378.2 | 1,021.4 |
| Total Assets | 3,379.8 | 3,223.1 | 2,879.8 | 2,829.4 | 2,826.1 | 2,457.5 | 2,234.6 | 1,861.5 | 1,425.3 | 1,045.5 |
| Current Liabilities | ||||||||||
| Account Payables | 109.7 | 101.3 | 80.2 | 67.3 | 60.9 | 48.5 | 47.8 | 34.2 | 19.8 | 13.8 |
| Short-Term Debt | 199.1 | 274.6 | 79 | 65.5 | 14.5 | 79.2 | 0 | 0 | 0 | 0 |
| Deferred Revenue | 219.2 | 121.0 | 82.7 | 83.3 | 87.1 | 92.6 | 54.7 | 97.4 | 80.0 | 198.4 |
| Other Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 346.1 | 357.2 | 67.0 |
| Total Current Liabilities | 527.9 | 496.8 | 241.9 | 216.1 | 162.5 | 220.4 | 102.5 | 172.1 | 119.5 | 226.0 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 1,467.3 | 1,324.3 | 1,215.8 | 1,185.9 | 1,196.6 | 899.0 | 901.8 | 766.4 | 572.8 | 80.8 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 30.8 | 38.6 | 41.8 |
| Other Non-Current Liabilities | 15.0 | 14.9 | 12.5 | (66.9) | (61.7) | (54.4) | (24.2) | (316.5) | (315.5) | 187.0 |
| Total Non-Current Liabilities | 1,482.3 | 1,339.2 | 1,228.3 | 1,202.3 | 1,222.0 | 937.2 | 932.3 | 664.2 | 514.7 | 122.6 |
| Total Liabilities | 2,010.2 | 1,836.0 | 1,470.2 | 1,418.4 | 1,384.5 | 1,157.6 | 1,034.7 | 836.3 | 634.2 | 348.6 |
| Stockholders' Equity | ||||||||||
| Common Stock | 0.5 | 1.1 | 1.0 | 0.9 | 0.9 | 0.8 | 0.7 | 0.6 | 0.4 | 0.4 |
| Retained Earnings | 144.9 | 131.9 | 112.3 | 93.5 | 62.0 | 32.0 | 20.0 | 12.8 | 7.1 | 1.7 |
| Accumulated Other Comprehensive Income | (780.6) | (685.4) | (574.4) | (472.4) | (385.0) | (303.0) | (215.4) | 2.4 | 3.4 | 3.0 |
| Total Stockholders' Equity | 1,323.1 | 1,321.1 | 1,322.2 | 1,244.9 | 1,282.7 | 1,154.6 | 1,062.6 | 894.2 | 667.8 | 559.3 |
| Total Liabilities & Equity | 3,379.8 | 3,223.1 | 2,879.8 | 2,829.4 | 2,826.1 | 2,457.5 | 2,234.6 | 1,861.5 | 1,425.3 | 1,045.5 |
| Debt Metrics | ||||||||||
| Total Debt | 1,666.3 | 1,598.8 | 1,294.8 | 1,251.4 | 1,211.1 | 978.3 | 901.8 | 766.4 | 575.9 | 293.0 |
| Net Debt | 1,643.0 | 1,579.5 | 1,285.5 | 1,243.8 | 1,200.0 | 969.8 | 889.8 | 759.5 | 563.2 | 288.1 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | 13.6 | 20.6 | 21.1 | 35.6 | 34.0 | 13.5 | 8.2 | 6.7 | 5.4 | 4.7 |
| Depreciation & Amortization | 112.1 | 95.7 | 91.3 | 95.1 | 86.7 | 87.9 | 86.1 | 57.8 | 46.4 | 39.5 |
| Stock-Based Compensation | 6.0 | 3.2 | 5.7 | 6.5 | 5.0 | 4.1 | 4.9 | 3.0 | 3.0 | 2.9 |
| Change in Working Capital | 116.1 | 43.5 | 2.6 | (1.3) | 2.3 | 40.2 | 51.7 | (0.1) | (4.0) | (0.4) |
| Other Non-Cash Items | 11.4 | (0.3) | (6.2) | (10.0) | (8.3) | (4.6) | (8.7) | (4.6) | (1.8) | 0.6 |
| Operating Cash Flow | 259.2 | 162.6 | 114.5 | 125.9 | 118.3 | 145.2 | 142.3 | 62.8 | 49.2 | 47.4 |
| Investing Activities | ||||||||||
| Capital Expenditure | 0 | 0 | 0 | 0 | 363.0 | 0 | 0 | 0 | 0 | 0 |
| Acquisitions | 0 | 0 | (17.7) | (143.8) | (131.6) | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | 0 | (413.9) | 0 | 0 | (370.4) | (293.7) | 0 | (466.7) | (406.4) | (170.2) |
| Sales/Maturities of Investments | 0 | 2.2 | 0 | 0 | 7.3 | 3.5 | 0 | 0 | 8.7 | 0 |
| Other Investing Activities | (285.3) | 2.0 | (109.3) | 74.7 | (231.5) | 0 | (442.3) | (466.7) | (397.7) | (170.2) |
| Investing Cash Flow | (285.3) | (409.6) | (127.0) | (69.1) | (363.0) | (290.2) | (442.3) | (466.7) | (397.7) | (170.2) |
| Financing Activities | ||||||||||
| Net Debt Issuance | 70.4 | 305.8 | 43.5 | 40.1 | 181.0 | 75.7 | 136.9 | 181.8 | 287.1 | 53.9 |
| Stock Repurchased | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | (94.6) | (115.9) | (100.3) | (109.2) | (88.2) | (80.9) | (81.9) | (55.4) | (49.2) | (29.7) |
| Other Financing Activities | (7.5) | (8.8) | (12.0) | (0.1) | (17.1) | (12.7) | (9.1) | (25.4) | (7.9) | (10.6) |
| Financing Cash Flow | 31.9 | 252.9 | 17.2 | (59.7) | 250.2 | 144.1 | 304.5 | 398.9 | 356.4 | 119.5 |
| Cash Position | ||||||||||
| Net Change in Cash | 5.8 | 5.9 | 4.7 | (2.9) | 5.5 | (0.9) | 4.4 | (5.1) | 7.8 | (3.3) |
| Cash at Beginning | 27.8 | 21.9 | 17.3 | 20.1 | 14.7 | 15.5 | 11.1 | 16.2 | 4.8 | 8.2 |
| Cash at End | 33.6 | 27.8 | 21.9 | 17.3 | 20.1 | 14.7 | 15.5 | 11.1 | 12.7 | 4.8 |
| Free Cash Flow | 259.2 | 162.6 | 114.5 | 125.9 | 481.4 | 145.2 | 142.3 | 62.8 | 49.2 | 47.4 |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||||
| Revenue | 336.1 | 302.1 | 287.2 | 293.6 | 274.9 | 245.1 | 221.7 | 160.6 | 130.7 | 104.6 | 71.4 | 6.3 | 4.0 | 2.0 |
| Gross Profit | (3.1) | 201.0 | 184.8 | 195.9 | 187.7 | 167.4 | 148.1 | 112.4 | 92.0 | 73.6 | 51.1 | 6.3 | 4.0 | 2.0 |
| Operating Income | 83.8 | 78.7 | 66.4 | 72.9 | 73.0 | 146.8 | 127.9 | 31.1 | 22.8 | 12.9 | 4.0 | (3.6) | (1.6) | (3.0) |
| Net Income | 13.0 | 19.6 | 18.8 | 31.5 | 30.1 | 12.0 | 7.2 | 5.7 | 4.4 | 4.0 | (1.3) | 2.4 | (4.3) | (2.6) |
| EPS (Diluted) | 0.29 | 0.46 | 0.48 | 0.85 | 0.87 | 0.37 | 0.10 | 0.25 | 0.25 | 0.30 | -0.20 | 0.34 | -0.47 | -0.30 |
| Balance Sheet | ||||||||||||||
| Cash & Equivalents | 23.4 | 19.4 | 9.4 | 7.6 | 11.1 | 8.5 | 12.0 | 6.9 | 12.7 | 4.8 | ||||
| Total Assets | 3,379.8 | 3,223.1 | 2,879.8 | 2,829.4 | 2,826.1 | 2,457.5 | 2,234.6 | 1,861.5 | 1,425.3 | 1,045.5 | ||||
| Total Debt | 1,666.3 | 1,598.8 | 1,294.8 | 1,251.4 | 1,211.1 | 978.3 | 901.8 | 766.4 | 575.9 | 293.0 | ||||
| Stockholders' Equity | 1,323.1 | 1,321.1 | 1,322.2 | 1,244.9 | 1,282.7 | 1,154.6 | 1,062.6 | 894.2 | 667.8 | 559.3 | ||||
| Cash Flow | ||||||||||||||
| Operating Cash Flow | 259.2 | 162.6 | 114.5 | 125.9 | 118.3 | 145.2 | 142.3 | 62.8 | 49.2 | 47.4 | ||||
| Capital Expenditure | 0 | 0 | 0 | 0 | 363.0 | 0 | 0 | 0 | 0 | 0 | ||||
| Free Cash Flow | 259.2 | 162.6 | 114.5 | 125.9 | 481.4 | 145.2 | 142.3 | 62.8 | 49.2 | 47.4 | ||||