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Easterly Government Properties (Easterly Government Properties) Operating Margin % : 24.35% (As of Mar. 2024)


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What is Easterly Government Properties Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Easterly Government Properties's Operating Income for the three months ended in Mar. 2024 was $17.7 Mil. Easterly Government Properties's Revenue for the three months ended in Mar. 2024 was $72.8 Mil. Therefore, Easterly Government Properties's Operating Margin % for the quarter that ended in Mar. 2024 was 24.35%.

Good Sign:

Easterly Government Properties Inc operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for Easterly Government Properties's Operating Margin % or its related term are showing as below:

DEA' s Operating Margin % Range Over the Past 10 Years
Min: -57.12   Med: 18.98   Max: 26.54
Current: 23.76


DEA's Operating Margin % is ranked worse than
77.36% of 689 companies
in the REITs industry
Industry Median: 52.05 vs DEA: 23.76

Easterly Government Properties's 5-Year Average Operating Margin % Growth Rate was 6.60% per year.

Easterly Government Properties's Operating Income for the three months ended in Mar. 2024 was $17.7 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was $68.6 Mil.


Easterly Government Properties Operating Margin % Historical Data

The historical data trend for Easterly Government Properties's Operating Margin % 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 Operating Margin % Chart

Easterly Government Properties Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.77 22.48 26.54 24.82 23.11

Easterly Government Properties Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Operating Margin % 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 21.75 23.09 23.75 23.85 24.35

Competitive Comparison of Easterly Government Properties's Operating Margin %

For the REIT - Office subindustry, Easterly Government Properties's Operating Margin %, along with its competitors' market caps and Operating Margin % 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's Operating Margin % Distribution in the REITs Industry

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

* The bar in red indicates where Easterly Government Properties's Operating Margin % falls into.



Easterly Government Properties Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Easterly Government Properties's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=66.392 / 287.227
=23.11 %

Easterly Government Properties's Operating Margin % for the quarter that ended in Mar. 2024 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=17.724 / 72.8
=24.35 %

* 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) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Easterly Government Properties Operating Margin % Related Terms

Thank you for viewing the detailed overview of Easterly Government Properties's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


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