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Easterly Government Properties (Easterly Government Properties) Net Income : $18.8 Mil (TTM As of Dec. 2023)


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What is Easterly Government Properties Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Easterly Government Properties's Net Income for the three months ended in Dec. 2023 was $4.4 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $18.8 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Easterly Government Properties's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $0.04.


Easterly Government Properties Net Income Historical Data

The historical data trend for Easterly Government Properties's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Easterly Government Properties Net Income Chart

Easterly Government Properties Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.21 11.96 30.06 31.47 18.80

Easterly Government Properties Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.29 3.89 5.10 5.37 4.44

Easterly Government Properties Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Easterly Government Properties's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=21.06+0+0+-2.256
=18.8

Easterly Government Properties's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=4.787+0+0+-0.351
=4.4

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $18.8 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Easterly Government Properties  (NYSE:DEA) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Easterly Government Properties's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Easterly Government Properties Net Income Related Terms

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Easterly Government Properties (Easterly Government Properties) Business Description

Traded in Other Exchanges
Address
2001 K Street NW, Suite 775, Washington, DC, USA, 20006
Easterly Government Properties Inc is a real estate investment trust. It is engaged in the acquisition, development, and management of Class A commercial properties that are leased to U.S. government agencies. The company generates all its revenue by leasing its properties to such agencies.
Executives
Darrell W Crate director, officer: Chairman 138 CONANT STREET, BEVERLY MA 01915
John Stuart Burns officer: EVP, Government Relations EASTERLY GOVERNMENT PROPERTIES, INC., 2001 K STREET NW, SUITE 775 NORTH, WASHINGTON DC 20006
Franklin V. Logan officer: EVP, GC & Secretary EASTERLY GOVERNMENT PROPERTIES, INC., 2001 K STREET NW, SUITE 775 NORTH, WASHINGTON DC 20006
William C. Trimble director, officer: CEO and President EASTERLY GOVERNMENT PROPERTIES, INC., 2101 L STREET NW, SUITE 750, WASHINGTON DC 20037
Allison E. Marino officer: SVP & CAO C/O EASTERLY GOVERNMENT PROPERTIES, INC., 2001 K STREET NW, SUITE 775 NORTH, WASHINGTON DC 20006
Alison M. Bernard officer: EVP & CAO EASTERLY GOVERNMENT PROPERTIES, INC., 2101 L STREET NW, SUITE 750, WASHINGTON DC 20037
Scott D. Freeman director C/O EASTERLY GOVERNMENT PROPERTIES, INC., 2101 L STREET NW, SUITE 650, WASHINGTON DC 20037
James E Mead director C/O STRATEGIC HOTEL CAPITAL, INC., 77 WEST WACKER DRIVE, SUITE 4600, CHICAGO IL 60601
Tara S. Innes director C/O EASTERLY GOVERNMENT PROPERTIES, INC., 2101 L STREET NW, SUITE 650, WASHINGTON DC 20037
Ronald E. Kendall officer: EVP - Government Relations C/O EASTERLY GOVERNMENT PROPERTIES, 2101 L STREET NW, SUITE 750, WASHINGTON DC 20037
Meghan G. Baivier officer: EVP, CFO & COO C/O EASTERLY GOVERNMENT PROPERTIES, INC., 2101 L STREET NW, SUITE 750, WASHINGTON DC 20037
Cynthia A Fisher director 186 PARK STREET, NEWTON MA 02458
Henry Emil W Jr director C/O GLEACHER & CO INC, 660 MADISON AVE 19TH FLOOR, NEW YORK NY 10021
William H Binnie director
Usgp Ii Investor, Lp 10 percent owner 2101 L STREET, NW, SUITE 750, WASHINGTON DC 20037