DEA (Easterly Government Properties) Scaled Net Operating Assets: 0.91 (As of Mar. 2026)

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DEA Easterly Government Properties Inc DEA
73 GF Score
Price $24.36
GF Value $29.16
Valuation Modestly Undervalued
! 10 Warning Signs
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What is Easterly Government Properties Scaled Net Operating Assets?

Easterly Government Properties DEA -1.42% 73 Scaled Net Operating Assets is 0.91 as of Mar. 2026. GuruFocus rates DEA with a GF Score™ of 73/100 and a GF Value™ of $29.16 (Modestly Undervalued). The stock has 10 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Easterly Government Properties's operating assets for the quarter that ended in Mar. 2026 was $3,418.0 Mil. Easterly Government Properties's operating liabilities for the quarter that ended in Mar. 2026 was $352.8 Mil. Easterly Government Properties's Total Assets for the quarter that ended in Dec. 2025 was $3,379.8 Mil. Therefore, Easterly Government Properties's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.91.


Easterly Government Properties Scaled Net Operating Assets Historical Data

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The historical data trend for Easterly Government Properties's Scaled Net Operating Assets 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.

Easterly Government Properties Scaled Net Operating Assets Chart

Easterly Government Properties Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.08 0.94 0.95 1.03 0.94

Easterly Government Properties Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Scaled Net Operating Assets 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 0.93 0.96 0.90 0.89 0.91

DEA vs PDM, ESBA, HPP: Scaled Net Operating Assets Comparison

For the REIT - Office subindustry, Easterly Government Properties's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Easterly Government Properties Scaled Net Operating Assets vs REITs Industry

For the REITs industry and Real Estate sector, Easterly Government Properties's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Easterly Government Properties's Scaled Net Operating Assets falls into.


DEA
73GF Score
Easterly Government Properties Inc DEA
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Easterly Government Properties Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Easterly Government Properties's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(3356.396-343.88)/3223.071
=0.93

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3379.77 - 23.374
=3356.396

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2010.205 - 1467.275 - 199.05
=343.88

Easterly Government Properties's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(3418.043-352.842)/3379.77
=0.91

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3420.06 - 2.017
=3418.043

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2064.557 - 1466.665 - 245.05
=352.842

* 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.

What does a Scaled Net Operating Assets of 0.91 mean?
Easterly Government Properties (DEA) has a Scaled Net Operating Assets of 0.91 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Easterly Government Properties and its competitors.
Is Easterly Government Properties' Scaled Net Operating Assets too high?
Easterly Government Properties' current Scaled Net Operating Assets is 0.91. Overall, Easterly Government Properties has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Easterly Government Properties' Scaled Net Operating Assets compare to PDM and ESBA?
Easterly Government Properties' Scaled Net Operating Assets of 0.91 can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a REITs company?
A good Scaled Net Operating Assets depends on the REITs industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Easterly Government Properties and its competitors. Easterly Government Properties's current Scaled Net Operating Assets is 0.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Easterly Government Properties stock overvalued right now?
Based on GuruFocus' analysis, Easterly Government Properties (DEA) is currently considered Modestly Undervalued. The stock's GF Value™ is $29.16, compared to a current price of $24.36 — trading 16.5% below its estimated fair value. The current Scaled Net Operating Assets is 0.91. Easterly Government Properties' overall GF Score™ is 73/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Easterly Government Properties (DEA), the current Scaled Net Operating Assets is 0.91 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Easterly Government Properties (DEA) Overvalued in 2026?

Based on GuruFocus' analysis, Easterly Government Properties stock appears to be undervalued. The current stock price of $24.36 is trading 16.5% below its estimated GF Value™ of $29.16. GuruFocus considers Easterly Government Properties to be Modestly Undervalued.

Key valuation signals for DEA:

  • Scaled Net Operating Assets: 0.91
  • GF Value™: $29.16 vs. price of $24.36 (16.5% below fair value)
  • GF Score™: 73/100 with 10 warning signs

No single metric tells the full story. See the DEA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Easterly Government Properties Business Description

Industry Real EstateREITs
Other Exchanges E050:Germany
Address 2001 K Street NW, Suite 775 North, Washington, DC, USA, 20006
Easterly Government Properties Inc is a real estate investment trust. The company is engaged in the acquisition, development, and management of Class A commercial properties that are leased to U.S. government agencies. It generates all its revenue by leasing its properties to such agencies. The company operates in single segment for the purposes of assessing performance and making operating decisions.
73GF Score

Get the complete analysis for DEA

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$24.36
Price
$29.16
GF Value