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Side-by-side financial comparison of Easterly Government Properties, Inc. (DEA) and MP Materials Corp. (MP). Click either name above to swap in a different company.

Easterly Government Properties, Inc. is the larger business by last-quarter revenue ($91.5M vs $90.6M, roughly 1.0× MP Materials Corp.). Easterly Government Properties, Inc. runs the higher net margin — 1.5% vs -8.8%, a 10.3% gap on every dollar of revenue. On growth, MP Materials Corp. posted the faster year-over-year revenue change (49.1% vs 16.4%). Over the past eight quarters, MP Materials Corp.'s revenue compounded faster (70.3% CAGR vs 9.6%).

Easterly Government Properties, Inc. is a U.S.-headquartered real estate investment trust focused on acquiring, developing, and managing mission-critical commercial properties primarily leased to U.S. federal government agencies. Its portfolio covers office spaces, healthcare facilities, and security-related properties, serving government clients across key domestic markets.

MP Materials Corp. is a U.S.-based producer of rare earth materials. The company owns and operates the Mountain Pass mine in California, the only active rare earth mining and processing facility in the Western Hemisphere, producing essential materials for electric vehicles, wind turbines, and defense applications.

DEA vs MP — Head-to-Head

Bigger by revenue
DEA
DEA
1.0× larger
DEA
$91.5M
$90.6M
MP
Growing faster (revenue YoY)
MP
MP
+32.7% gap
MP
49.1%
16.4%
DEA
Higher net margin
DEA
DEA
10.3% more per $
DEA
1.5%
-8.8%
MP
Faster 2-yr revenue CAGR
MP
MP
Annualised
MP
70.3%
9.6%
DEA

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
DEA
DEA
MP
MP
Revenue
$91.5M
$90.6M
Net Profit
$1.4M
$-8.0M
Gross Margin
Operating Margin
Net Margin
1.5%
-8.8%
Revenue YoY
16.4%
49.1%
Net Profit YoY
-56.9%
64.8%
EPS (diluted)
$0.36
$-0.04

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
DEA
DEA
MP
MP
Q1 26
$91.5M
$90.6M
Q4 25
$87.0M
$52.7M
Q3 25
$86.2M
$53.6M
Q2 25
$84.2M
$57.4M
Q1 25
$78.7M
$60.8M
Q4 24
$78.3M
$61.0M
Q3 24
$74.8M
$62.9M
Q2 24
$76.2M
$31.3M
Net Profit
DEA
DEA
MP
MP
Q1 26
$1.4M
$-8.0M
Q4 25
$4.6M
$9.4M
Q3 25
$1.2M
$-41.8M
Q2 25
$4.1M
$-30.9M
Q1 25
$3.1M
$-22.6M
Q4 24
$5.5M
$-22.3M
Q3 24
$4.9M
$-25.5M
Q2 24
$4.6M
$-34.1M
Gross Margin
DEA
DEA
MP
MP
Q1 26
Q4 25
77.3%
Q3 25
76.0%
Q2 25
77.2%
Q1 25
77.4%
Q4 24
76.1%
Q3 24
77.7%
Q2 24
76.2%
Operating Margin
DEA
DEA
MP
MP
Q1 26
Q4 25
-7.0%
Q3 25
-125.2%
Q2 25
-76.5%
Q1 25
-57.2%
Q4 24
-72.1%
Q3 24
-62.8%
Q2 24
-171.1%
Net Margin
DEA
DEA
MP
MP
Q1 26
1.5%
-8.8%
Q4 25
5.3%
17.9%
Q3 25
1.4%
-78.0%
Q2 25
4.8%
-53.8%
Q1 25
4.0%
-37.2%
Q4 24
7.0%
-36.6%
Q3 24
6.5%
-40.5%
Q2 24
6.0%
-108.9%
EPS (diluted)
DEA
DEA
MP
MP
Q1 26
$0.36
$-0.04
Q4 25
$0.09
$0.07
Q3 25
$0.02
$-0.24
Q2 25
$0.09
$-0.19
Q1 25
$0.07
$-0.14
Q4 24
$0.13
$-0.12
Q3 24
$0.11
$-0.16
Q2 24
$0.11
$-0.21

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DEA
DEA
MP
MP
Cash + ST InvestmentsLiquidity on hand
$2.0M
$1.7B
Total DebtLower is stronger
$1.0B
Stockholders' EquityBook value
$1.3B
$2.0B
Total Assets
$3.4B
$3.8B
Debt / EquityLower = less leverage
0.51×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DEA
DEA
MP
MP
Q1 26
$2.0M
$1.7B
Q4 25
$23.4M
$1.2B
Q3 25
$4.4M
$1.1B
Q2 25
$4.7M
$261.5M
Q1 25
$8.5M
$198.3M
Q4 24
$19.4M
$282.4M
Q3 24
$31.2M
$284.4M
Q2 24
$14.8M
$295.6M
Total Debt
DEA
DEA
MP
MP
Q1 26
$1.0B
Q4 25
$1.7B
$998.7M
Q3 25
$1.6B
$997.3M
Q2 25
$1.7B
$910.8M
Q1 25
$1.6B
$909.8M
Q4 24
$1.6B
$908.7M
Q3 24
$1.5B
Q2 24
$1.4B
Stockholders' Equity
DEA
DEA
MP
MP
Q1 26
$1.3B
$2.0B
Q4 25
$1.3B
$2.0B
Q3 25
$1.3B
$2.0B
Q2 25
$1.3B
$1.0B
Q1 25
$1.3B
$1.0B
Q4 24
$1.3B
$1.1B
Q3 24
$1.3B
$1.1B
Q2 24
$1.3B
$1.1B
Total Assets
DEA
DEA
MP
MP
Q1 26
$3.4B
$3.8B
Q4 25
$3.4B
$3.9B
Q3 25
$3.4B
$3.8B
Q2 25
$3.4B
$2.3B
Q1 25
$3.2B
$2.4B
Q4 24
$3.2B
$2.3B
Q3 24
$3.1B
$2.3B
Q2 24
$3.0B
$2.4B
Debt / Equity
DEA
DEA
MP
MP
Q1 26
0.51×
Q4 25
1.26×
0.50×
Q3 25
1.23×
0.51×
Q2 25
1.29×
0.90×
Q1 25
1.20×
0.88×
Q4 24
1.21×
0.86×
Q3 24
1.12×
Q2 24
1.07×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DEA
DEA
MP
MP
Operating Cash FlowLast quarter
$-1.9M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
0.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DEA
DEA
MP
MP
Q1 26
$-1.9M
Q4 25
$259.2M
$-46.9M
Q3 25
$155.0M
$-42.0M
Q2 25
$38.1M
$-3.7M
Q1 25
$24.2M
$-63.2M
Q4 24
$162.6M
$30.5M
Q3 24
$57.2M
$-6.8M
Q2 24
$57.0M
$30.8M
Free Cash Flow
DEA
DEA
MP
MP
Q1 26
Q4 25
$-109.3M
Q3 25
$-92.5M
Q2 25
$-32.7M
Q1 25
$-93.7M
Q4 24
$-11.2M
Q3 24
$-53.3M
Q2 24
$-15.6M
FCF Margin
DEA
DEA
MP
MP
Q1 26
Q4 25
-207.4%
Q3 25
-172.8%
Q2 25
-56.9%
Q1 25
-154.0%
Q4 24
-18.3%
Q3 24
-84.7%
Q2 24
-50.1%
Capex Intensity
DEA
DEA
MP
MP
Q1 26
0.7%
Q4 25
118.5%
Q3 25
94.3%
Q2 25
50.5%
Q1 25
50.1%
Q4 24
68.3%
Q3 24
73.8%
Q2 24
148.7%
Cash Conversion
DEA
DEA
MP
MP
Q1 26
Q4 25
56.44×
-4.97×
Q3 25
127.75×
Q2 25
9.36×
Q1 25
7.73×
Q4 24
29.82×
Q3 24
11.76×
Q2 24
12.37×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

DEA
DEA

Rental income$88.6M97%
Other$2.3M3%
Asset management income$646.0K1%

MP
MP

Materials Segment$72.2M80%
Magnetics Segment$21.1M23%

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