Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
DEA
BUYREMOVEEasterly Government Properties, Inc. · Real Estate · United States · $1.1B · Avg Vol: $10M/d
Easterly Government Properties is a REIT leasing to US government agencies. It is a defensive yield play but lacks the high-growth, asset-light, and asymmetric upside required for our concentrated book.
COMPANY DESCRIPTION
Easterly Government Properties, Inc. is a real estate investment trust (REIT) focused on acquiring, developing, and managing Class A office and data center properties leased to U.S. government agencies. The company benefits from the U.S. government's strong creditworthiness and long-term lease structures, providing a stable and predictable revenue stream with minimal tenant turnover risk. This niche strategy makes it a leading landlord to the federal government, offering a differentiated investment in a low-volatility real estate sector.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | 293.6M | 287.2M | 302.1M | 336.1M | 4.6% |
| EPS | 0.85 | 0.47 | 0.45 | 0.27 | -31.8% |
| Shares | 36.3M | 40.4M | 43.2M | 46.3M | +27.5% |
| Debt | 1.3B | 1.3B | 1.6B | 1.7B | 10.0% |
| Equity | 1.2B | 1.3B | 1.3B | 1.3B | 2.1% |
| Op CF | 125.9M | 114.5M | 162.6M | 259.2M | 27.2% |
| Inv CF | -69.1M | -127.0M | -409.6M | -285.3M | — |
| Fin CF | -59.7M | 17.2M | 252.9M | 31.9M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Real Estate, ranked by industry match, size, and score similarity. Cross-listings of DEA are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| DEA | Easterly Government Properties, Inc.(you) | $1.1B | 74 | BUY |
| PDM | Piedmont Realty Trust, Inc. | $1.1B | 62 | HOLD |
| PSTL | Postal Realty Trust, Inc. | $824M | 83 | STRONG BUY |
| HIW | Highwoods Properties, Inc. | $3.3B | 75 | BUY |
| CDP | COPT Defense Properties | $3.9B | 82 | STRONG BUY |
| CUZ | Cousins Properties Incorporated | $4.7B | 63 | HOLD |
| VNO | Vornado Realty Trust | $7.7B | 73 | BUY |
| DEI | Douglas Emmett, Inc. | $2.4B | 47 | HOLD |
| NLOP | Net Lease Office Properties | $172M | 89 | STRONG BUY |
| KRC | Kilroy Realty Corporation | $4.3B | 49 | HOLD |
Peer medians: ROE 5.7% · P/E 26.2x · Gross margin 67.6%