Easterly Government Properties, Inc. (DEA) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
2001 K STREET NW WASHINGTON, DC 20006 |
| State of Incorp. | MD |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6798 - Real Estate Investment Trusts (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 12/31/2024 Q4 | 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 31,202 | 14,814 | 43,545 | 9,381 | 20,696 | 9,816 | |||
| Cash and cash equivalent | 31,202 | 14,814 | 43,545 | 9,381 | 20,696 | 9,816 | |||
| Disposal group, including discontinued operation | 2,002 | ||||||||
| Other current assets | 2,500 | 2,600 | 2,800 | 3,000 | 3,100 | 3,300 | |||
| Total current assets: | 35,704 | 17,414 | 46,345 | 12,381 | 23,796 | 13,116 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 2,500 | 2,600 | 2,800 | 3,000 | 3,100 | 3,300 | |||
| Property, plant and equipment | 401,604 | 361,605 | 301,775 | 274,425 | 255,504 | 251,846 | |||
| Intangible assets, net (including goodwill) | 146,204 | 147,510 | 143,044 | 148,453 | 140,505 | 145,837 | |||
| Intangible assets, net (excluding goodwill) | 146,204 | 147,510 | 143,044 | 148,453 | 140,505 | 145,837 | |||
| Total noncurrent assets: | 550,308 | 511,715 | 447,619 | 425,878 | 399,109 | 400,983 | |||
| Other undisclosed assets | 2,517,099 | 2,466,909 | 2,448,851 | 2,441,493 | 2,402,574 | 2,393,864 | |||
| TOTAL ASSETS: | 3,103,111 | 2,996,038 | 2,942,815 | 2,879,752 | 2,825,479 | 2,807,963 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 11,367 | 10,826 | 11,593 | 12,480 | 13,450 | 14,421 | |||
| Off-market lease, unfavorable | 11,367 | 10,826 | 11,593 | 12,480 | 13,450 | 14,421 | |||
| Total noncurrent liabilities: | 11,367 | 10,826 | 11,593 | 12,480 | 13,450 | 14,421 | |||
| Other undisclosed liabilities | 1,710,110 | 1,612,738 | 1,543,376 | 1,457,756 | 1,376,809 | 1,371,475 | |||
| Total liabilities: | 1,721,477 | 1,623,564 | 1,554,969 | 1,470,236 | 1,390,259 | 1,385,896 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 1,315,175 | 1,304,852 | 1,318,565 | 1,322,201 | 1,270,826 | 1,256,536 | |||
| Common stock | 1,056 | 1,030 | 1,024 | 1,010 | 951 | 934 | |||
| Additional paid in capital | 1,845,271 | 1,810,678 | 1,801,304 | 1,783,338 | 1,707,142 | 1,673,399 | |||
| Accumulated other comprehensive income | 489 | 2,344 | 2,753 | 1,871 | 4,430 | 4,518 | |||
| Retained earnings | 126,401 | 121,538 | 116,927 | 112,301 | 107,865 | 102,491 | |||
| Other undisclosed equity, attributable to parent | (658,042) | (630,738) | (603,443) | (576,319) | (549,562) | (524,806) | |||
| Equity, attributable to noncontrolling interest | 66,459 | 67,622 | 69,281 | 87,315 | 164,394 | 165,531 | |||
| Total equity: | 1,381,634 | 1,372,474 | 1,387,846 | 1,409,516 | 1,435,220 | 1,422,067 | |||
| TOTAL LIABILITIES AND EQUITY: | 3,103,111 | 2,996,038 | 2,942,815 | 2,879,752 | 2,825,479 | 2,807,963 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 12/31/2024 Q4 | 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 74,781 | 76,221 | 72,800 | 72,620 | 72,014 | 71,373 | ||
| Operating lease, lease income | 72,536 | 72,183 | 70,746 | 69,795 | 68,205 | 67,758 | ||
| Cost of revenue | (22,817) | (24,086) | (23,047) | (24,393) | (24,853) | (24,653) | ||
| Cost of product and service sold | (16,710) | (18,118) | (16,592) | (17,701) | (18,746) | (17,629) | ||
| Gross profit: | 51,964 | 52,135 | 49,753 | 48,227 | 47,161 | 46,720 | ||
| Operating expenses | (32,215) | (33,497) | (32,448) | (31,342) | (30,380) | (30,682) | ||
| Operating income: | 19,749 | 18,638 | 17,305 | 16,885 | 16,781 | 16,038 | ||
| Nonoperating income (expense) (Investment Income, Nonoperating) | 72,536 | 72,183 | ||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 92,285 | 90,821 | 17,305 | 16,885 | 16,781 | 16,038 | ||
| Loss from equity method investments | ||||||||
| Income (loss) from continuing operations: | 92,285 | 90,821 | 17,305 | 16,885 | 16,781 | 16,038 | ||
| Other undisclosed net income (loss) | (87,170) | (85,971) | (12,421) | (12,098) | (10,700) | (10,260) | ||
| Net income: | 5,115 | 4,850 | 4,884 | 4,787 | 6,081 | 5,778 | ||
| Net loss attributable to noncontrolling interest | (252) | (239) | (258) | (351) | (707) | (675) | ||
| Net income attributable to parent: | 4,863 | 4,611 | 4,626 | 4,436 | 5,374 | 5,103 | ||
| Other undisclosed net loss available to common stockholders, basic | (148) | (135) | (148) | (149) | (151) | (151) | ||
| Net income available to common stockholders, diluted: | 4,715 | 4,476 | 4,478 | 4,287 | 5,223 | 4,952 | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 12/31/2024 Q4 | 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 5,115 | 4,850 | 4,884 | 4,787 | 6,081 | 5,778 | ||
| Other comprehensive income (loss) | (1,952) | (431) | 902 | (3,009) | (110) | 3,107 | ||
| Comprehensive income: | 3,163 | 4,419 | 5,786 | 1,778 | 5,971 | 8,885 | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (155) | (217) | (278) | 99 | (685) | (1,037) | ||
| Comprehensive income, net of tax, attributable to parent: | 3,008 | 4,202 | 5,508 | 1,877 | 5,286 | 7,848 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.