Easterly Government Properties, Inc.
Close on Oct 19, 2026
- Market cap
- $1.00B
- P/E (TTM)
- 107.3
- Dividend yield
- 9.36%
About Easterly Government Properties
Real Estate Investment Trusts, SIC 6798
Easterly Government Properties is a real estate investment trust that acquires, develops, and manages commercial real estate. The company primarily leases properties to United States federal government agencies, state and local government entities, and select commercial tenants. Its property portfolio includes office buildings, courthouses, specialized facilities, laboratories, outpatient clinics, warehouses, and related operational real estate. Major public sector tenants include the General Services Administration, the Federal Bureau of Investigation, the Department of Veterans Affairs, the Drug Enforcement Administration, and Immigration and Customs Enforcement.
The organization maintains operating properties across multiple states, including California, Texas, Florida, Virginia, Colorado, West Virginia, Georgia, Illinois, and Indiana, as well as the District of Columbia. Its holdings span numerous cities across these regions, such as San Diego, Dallas, Richmond, Atlanta, and Orlando. The provided text does not state the total property count or the location of the corporate headquarters.
Summary of the business section of Easterly Government Properties's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Easterly Government Properties, Inc.
- Headquarters
- Washington, DC
- Address
- 2001 K Street Nw, Suite 775 North 20006
- Phone
- (202) 595-9500
- Employees
- 55, Dec 31, 2025
- Industry
- Real Estate Investment Trusts
- Incorporated in
- Maryland
- Fiscal year ends
- December 31
- Auditor
- PricewaterhouseCoopers LLP, Boston, Massachusetts
Stock & identifiers
- Ticker
- DEA
- Exchange
- NYSE
- IPO date
- Feb 9, 2015
- Shares outstanding
- 47M, Jul 27, 2026
- Public float
- $946.00M, Jun 30, 2025
- Filer category
- Large accelerated filer
- Stock splits
- 1-for-2.5 reverse, Apr 28, 2025; 1-for-2.5 reverse, Apr 28, 2025
- SEC CIK
- 1622194
- CUSIP
- 27616P301
- ISIN
- US27616P3010
- LEI
- 549300ERMCEFC6S8HL77
- EIN
- 47-2047728
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Darrell W. Crate | President & CEO, Director | 471,558 |
| Michael P. Ibe | EVP - Dev & Acquisitions, Director | 5,793,348 |
| Brian M. Colantuoni | SVP, CAO | 9,560 |
| Franklin V. Logan | EVP, GC & Secretary | 1,051 |
| Allison E. Marino | EVP, CFO | 11,066 |
| Tara S. Innes | Director | 15,360 |
| Emil W. Henry Jr | Director | 34,020 |
| Cynthia A. Fisher | Director | 64,989 |
| Scott D. Freeman | Director | 24,110 |
| William H. Binnie | Director | 19,207 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Mr. Crate | $10.28M | $8.06M | $2.77M | $54 | $97 |
| FY2024 Mr. Crate | $4.63M | $4.07M | $1.57M | $66 | $97 |
| FY2023 Mr. Crate | $4.58M | $4.47M | $2.11M | $71 | $87 |
| FY2022 Mr. Crate | $4.13M | $1.51M | $2.05M | $70 | $85 |
| FY2021 Mr. Crate | $4.99M | $4.63M | $2.45M | $106 | $111 |
| FY2020 Mr.Crate | $4.21M | $2.88M | $2.24M | $100 | $86 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had 55 employees, including 35 employees based in our corporate headquarters in Washington, D.C.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Feb 6, 2019 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Oct 22, 2018 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Sep 19, 2018 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Jun 5, 2017 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Nov 29, 2016 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Feb 11, 2015 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Feb 9, 2015 | IPO | Initial public offering priced (424B4 prospectus) |
| Feb 3, 2015 | Listing | Registration of securities on an exchange (Form 8-A) |