Easterly Government Properties, Inc. DEA
Easterly Government Properties, Inc. (NYSE: DEA) is based in Washington, D.C., and focuses primarily on the acquisition, development and management of Class A commercial properties that are leased to the U.S. Government. Easterly's experienced management team brings specialized insight into the strategy and needs of mission-critical U.S. Government agencies for properties leased to such agencies either directly or through the U.S. General Services Administration (GSA).
Snapshot
Reported FFO / Core FFO / leverage are from the Q1 2026 earnings release (filed 2026-04-27) — 8-K, EX-99.1.
Yield uses the latest declared dividend, annualized (latest regular payout × frequency; special/liquidating distributions excluded) — an announced-but-not-yet-declared change isn't reflected until it has an ex-date. FFO, AFFO and Net debt / Adj. EBITDA are the company's reported figures from its latest earnings 8-K. Price/OCF and payout use GAAP operating cash flow. NAV premium and credit ratings have no free source yet. See Methodology.
Balance sheet (latest FY: 2025)
Debt-maturity ladder, fixed/floating split, secured/unsecured and coverage ratios come from the supplemental — not yet ingested.
Financial history
| FY | Revenue | Net income | D&A | EBITDA | Op. cash flow |
|---|---|---|---|---|---|
| 2025 | $336.10M | $13.00M | $113.90M | $201.91M | $259.19M |
| 2024 | $302.05M | $19.55M | $96.33M | $179.34M | $162.63M |
| 2023 | $287.23M | $18.80M | $91.29M | $161.52M | $114.48M |
| 2022 | $293.61M | $31.47M | $98.25M | $181.19M | $125.94M |
| 2021 | $274.86M | $30.06M | $91.27M | $163.85M | $118.34M |
| 2020 | $245.08M | $11.96M | $87.91M | $140.91M | $145.20M |
Dividends
| Ex-date | Record | Payment | Declared | Amount | Freq. |
|---|---|---|---|---|---|
| 2026-05-07 | 2026-05-07 | 2026-05-21 | 2026-04-22 | $0.45 | Quarterly |
| 2026-03-05 | 2026-03-05 | 2026-03-19 | 2026-02-18 | $0.45 | Quarterly |
| 2025-11-07 | 2025-11-07 | 2025-11-20 | 2025-10-23 | $0.45 | Quarterly |
| 2025-08-13 | 2025-08-13 | 2025-08-25 | 2025-07-30 | $0.45 | Quarterly |
| 2025-05-05 | 2025-05-05 | 2025-05-17 | 2025-04-09 | $0.45 | Quarterly |
| 2025-03-05 | 2025-03-05 | 2025-03-17 | 2025-02-19 | $0.27 | Quarterly |
| 2024-11-15 | 2024-11-15 | 2024-11-27 | 2024-11-01 | $0.27 | Quarterly |
| 2024-08-01 | 2024-08-01 | 2024-08-13 | 2024-07-18 | $0.27 | Quarterly |
| 2024-05-08 | 2024-05-09 | 2024-05-21 | 2024-04-26 | $0.27 | Quarterly |
| 2024-03-05 | 2024-03-06 | 2024-03-18 | 2024-02-22 | $0.27 | Quarterly |
| 2023-11-08 | 2023-11-09 | 2023-11-21 | 2023-10-26 | $0.27 | Quarterly |
| 2023-08-16 | 2023-08-17 | 2023-08-29 | 2023-08-02 | $0.27 | Quarterly |
| 2023-05-10 | 2023-05-11 | 2023-05-23 | 2023-04-26 | $0.27 | Quarterly |
| 2023-03-08 | 2023-03-09 | 2023-03-21 | 2023-02-22 | $0.27 | Quarterly |
| 2022-11-09 | 2022-11-11 | 2022-11-23 | 2022-10-27 | $0.27 | Quarterly |
| 2022-08-10 | 2022-08-11 | 2022-08-23 | 2022-07-28 | $0.27 | Quarterly |
| 2022-05-12 | 2022-05-13 | 2022-05-25 | 2022-04-27 | $0.27 | Quarterly |
| 2022-03-09 | 2022-03-10 | 2022-03-22 | 2022-02-28 | $0.27 | Quarterly |
| 2021-11-10 | 2021-11-12 | 2021-11-24 | 2021-10-29 | $0.27 | Quarterly |
| 2021-08-11 | 2021-08-12 | 2021-08-24 | 2021-07-28 | $0.27 | Quarterly |
| 2021-05-13 | 2021-05-14 | 2021-05-26 | 2021-04-29 | $0.26 | Quarterly |
| 2021-03-04 | 2021-03-05 | 2021-03-17 | 2021-02-19 | $0.26 | Quarterly |
| 2020-11-09 | 2020-11-11 | 2020-12-11 | 2020-10-28 | $0.26 | Quarterly |
| 2020-08-12 | 2020-08-13 | 2020-09-11 | 2020-07-30 | $0.26 | Quarterly |
Coverage (payout of operating cash flow): 31.29%. Tax-character split (ordinary / 199A / capital gain / return of capital) — not disclosed (requires the annual allocation release).
Same-store NOI, occupancy, leasing/WALT, top tenants, external-manager fees, development pipeline and (for non-traded vehicles) share-class fees, redemption/gating and NAV methodology are planned modules sourced from supplementals and prospectuses.