See more : GOME Retail Holdings Limited (0493.HK) Income Statement Analysis – Financial Results
Complete financial analysis of EastGroup Properties, Inc. (EGP) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of EastGroup Properties, Inc., a leading company in the REIT – Industrial industry within the Real Estate sector.
You may be interested
- Baylin Technologies Inc. (BYL.TO) Income Statement Analysis – Financial Results
- public stock company VSMPO-AVISMA Corporation (VSMO.ME) Income Statement Analysis – Financial Results
- Udemy, Inc. (UDMY) Income Statement Analysis – Financial Results
- Morguard Corporation (MRC.TO) Income Statement Analysis – Financial Results
- SynAct Pharma AB (SYNACT.ST) Income Statement Analysis – Financial Results
EastGroup Properties, Inc. (EGP)
About EastGroup Properties, Inc.
EastGroup Properties, Inc. (NYSE: EGP), an S&P MidCap 400 company, is a self-administered equity real estate investment trust focused on the development, acquisition and operation of industrial properties in major Sunbelt markets throughout the United States with an emphasis in the states of Florida, Texas, Arizona, California and North Carolina. The Company's goal is to maximize shareholder value by being a leading provider in its markets of functional, flexible and quality business distribution space for location sensitive customers (primarily in the 15,000 to 70,000 square foot range). The Company's strategy for growth is based on ownership of premier distribution facilities generally clustered near major transportation features in supply-constrained submarkets. EastGroup's portfolio, including development projects and value-add acquisitions in lease-up and under construction, currently includes approximately 45.8 million square feet.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 | 1985 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 570.59M | 487.03M | 409.48M | 363.02M | 331.39M | 300.39M | 274.15M | 253.05M | 235.01M | 219.83M | 202.17M | 186.18M | 174.63M | 173.13M | 172.35M | 168.58M | 150.73M | 133.61M | 126.51M | 114.68M | 108.44M | 105.81M | 105.30M | 98.10M | 86.24M | 76.73M | 53.62M | 39.77M | 30.26M | 27.20M | 20.70M | 10.10M | 17.50M | 14.80M | 25.60M | 10.90M | 7.70M | 9.10M | 12.90M |
| Cost of Revenue | 154.03M | 133.92M | 115.08M | 103.37M | 93.27M | 86.39M | 80.11M | 74.35M | 67.40M | 62.80M | 57.89M | 52.99M | 49.41M | 51.14M | 50.26M | 47.37M | 41.12M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 416.56M | 353.11M | 294.40M | 259.66M | 238.11M | 214.00M | 194.04M | 178.70M | 167.61M | 157.03M | 144.29M | 133.19M | 125.22M | 121.98M | 122.10M | 121.20M | 109.61M | 133.61M | 126.51M | 114.68M | 108.44M | 105.81M | 105.30M | 98.10M | 86.24M | 76.73M | 53.62M | 39.77M | 30.26M | 27.20M | 20.70M | 10.10M | 17.50M | 14.80M | 25.60M | 10.90M | 7.70M | 9.10M | 12.90M |
| Gross Profit Ratio | 73.01% | 72.50% | 71.90% | 71.53% | 71.85% | 71.24% | 70.78% | 70.62% | 71.32% | 71.43% | 71.37% | 71.54% | 71.71% | 70.46% | 70.84% | 71.90% | 72.72% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.38 | 0.39 | 0.28 | 0.37 | 0.29 | 0.32 | 0.41 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 17.34M | 16.91M | 16.40M | 15.07M | 16.82M | 13.74M | 14.97M | 13.23M | 15.09M | 12.73M | 11.73M | 10.49M | 9.07M | 9.07M | 9.07M | 0.00 | 0.00 | 0.00 | 6.87M | 6.71M | 4.97M | 4.18M | 4.57M | 5.61M | 4.58M | 3.82M | 2.92M | 2.36M | 2.18M | 2.00M | 900.00K | 900.00K | 900.00K | 800.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.62M | 1.26M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 17.34M | 16.91M | 16.40M | 15.07M | 16.82M | 13.74M | 14.97M | 13.23M | 15.09M | 12.73M | 11.73M | 10.49M | 10.69M | 10.33M | 9.07M | 8.55M | 8.30M | 7.40M | 6.87M | 6.71M | 4.97M | 4.18M | 4.57M | 5.61M | 4.58M | 3.82M | 2.92M | 2.36M | 2.18M | 2.00M | 900.00K | 900.00K | 900.00K | 800.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Expenses | 0.00 | 153.64M | 127.10M | 116.36M | 104.72M | 913.00K | 1.31M | 1.77M | 1.10M | 989.00K | 949.00K | 456.00K | 57.45M | 58.35M | 53.95M | 51.22M | 47.91M | 79.48M | 75.41M | 65.92M | 64.13M | 60.63M | 53.03M | 45.81M | 40.12M | 35.90M | 25.75M | 21.31M | 17.41M | -16.20M | -11.50M | -9.30M | -8.80M | -9.20M | -8.60M | -2.00M | -1.10M | -800.00K | -1.00M |
| Operating Expenses | 188.42M | 170.55M | 143.50M | 131.42M | 121.54M | 105.44M | 98.85M | 91.17M | 88.38M | 83.04M | 77.51M | 72.18M | 68.14M | 68.68M | 63.02M | 59.77M | 56.20M | 86.88M | 82.28M | 72.63M | 69.09M | 64.81M | 57.60M | 51.42M | 44.70M | 39.72M | 28.67M | 23.67M | 19.59M | -14.20M | -10.60M | -8.40M | -7.90M | -8.40M | -8.60M | -2.00M | -1.10M | -800.00K | -1.00M |
| Cost & Expenses | 343.96M | 304.46M | 258.58M | 234.79M | 214.82M | 191.84M | 178.95M | 165.51M | 155.78M | 145.84M | 135.40M | 125.18M | 117.55M | 119.82M | 113.28M | 107.14M | 97.32M | 86.88M | 82.28M | 72.63M | 69.09M | 64.81M | 57.60M | 51.42M | 44.70M | 39.72M | 28.67M | 23.67M | 19.59M | -14.20M | -10.60M | -8.40M | -7.90M | -8.40M | -8.60M | -2.00M | -1.10M | -800.00K | -1.00M |
| Interest Income | -2.95M | 38.50M | 32.95M | 33.93M | 34.46M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 334.00K | 336.00K | 302.00K | 293.00K | 306.00K | 142.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 45.05M | 38.50M | 32.95M | 33.93M | 34.46M | 35.11M | 34.78M | 35.21M | 34.67M | 35.49M | 35.19M | 35.37M | 34.71M | 35.17M | 32.82M | 30.19M | 27.31M | 24.62M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 171.08M | 304.60M | 258.11M | 237.56M | 215.26M | 191.84M | 178.95M | 165.68M | 73.29M | 70.31M | 65.79M | 61.70M | 57.45M | 58.35M | 53.95M | 51.09M | 47.88M | 42.22M | 39.31M | 33.45M | 32.40M | 30.82M | 27.41M | 23.82M | 20.18M | 16.57M | 10.41M | 7.76M | 5.61M | 4.50M | 33.10M | 2.40M | 2.00M | 1.90M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | 399.22M | 337.41M | 278.82M | 245.53M | 221.46M | 390.72M | 178.54M | 164.82M | 154.41M | 152.47M | 97.18M | 122.63M | 231.94M | 111.58M | 113.73M | 114.21M | 101.10M | 89.22M | 83.53M | 75.50M | 71.75M | 67.17M | 69.75M | 70.51M | 61.72M | 36.15M | 35.36M | 23.86M | 16.29M | 45.90M | 64.40M | 20.90M | 27.40M | 25.10M | 34.20M | 12.90M | 8.80M | 9.90M | 13.90M |
| EBITDA Ratio | 69.97% | 69.28% | 68.09% | 67.64% | 66.83% | 66.97% | 65.80% | 66.09% | 65.37% | 66.09% | 66.04% | 66.15% | 65.71% | 64.52% | 65.23% | 66.57% | 65.49% | 66.48% | 66.03% | 65.84% | 66.16% | 67.70% | 67.24% | 71.87% | 71.57% | 69.83% | 65.95% | 60.00% | 53.82% | 160.29% | 311.11% | 206.93% | 156.57% | 168.92% | 133.59% | 118.35% | 114.29% | 108.79% | 107.75% |
| Operating Income | 228.14M | 183.77M | 151.72M | 129.17M | 116.74M | 108.56M | 95.20M | 87.37M | 79.06M | 73.78M | 66.58M | 60.81M | 56.83M | 53.30M | 59.07M | 61.43M | 53.41M | 46.73M | 44.23M | 42.05M | 39.35M | 41.00M | 47.69M | 46.69M | 41.54M | 37.00M | 24.95M | 16.10M | 10.68M | 41.40M | 31.30M | 18.50M | 25.40M | 23.20M | 34.20M | 12.90M | 8.80M | 9.90M | 13.90M |
| Operating Income Ratio | 39.98% | 37.73% | 37.05% | 35.58% | 35.23% | 36.14% | 34.72% | 34.53% | 33.64% | 33.56% | 32.93% | 32.66% | 32.54% | 30.79% | 34.27% | 36.44% | 35.43% | 34.98% | 34.96% | 36.67% | 36.29% | 38.75% | 45.30% | 47.59% | 48.17% | 48.23% | 46.54% | 40.49% | 35.28% | 152.21% | 151.21% | 183.17% | 145.14% | 156.76% | 133.59% | 118.35% | 114.29% | 108.79% | 107.75% |
| Total Other Income/Expenses | -27.60M | 5.78M | 6.74M | -19.84M | 7.34M | -18.55M | -11.61M | 8.72M | -30.66M | -25.31M | -34.24M | -34.92M | -151.92M | -34.55M | -31.87M | 5.00K | 2.28M | -24.17M | -25.09M | -19.91M | 0.00 | 186.00K | 4.31M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.30M | 0.00 | -18.50M | 0.00 | 100.00K | -34.20M | -12.90M | -8.80M | -9.90M | -13.90M |
| Income Before Tax | 200.55M | 186.27M | 157.64M | 108.39M | 123.34M | 88.64M | 83.59M | 96.09M | 48.40M | 48.47M | 32.34M | 25.90M | 22.83M | 18.76M | 26.66M | 61.56M | 55.69M | 46.86M | 0.00 | 0.00 | 0.00 | 41.19M | 52.01M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 43.70M | 0.00 | 0.00 | 0.00 | 23.30M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Before Tax Ratio | 35.15% | 38.25% | 38.50% | 29.86% | 37.22% | 29.51% | 30.49% | 37.97% | 20.59% | 22.05% | 16.00% | 13.91% | 13.08% | 10.83% | 15.47% | 36.52% | 36.94% | 35.07% | 0.00% | 0.00% | 0.00% | 38.92% | 49.39% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 160.66% | 0.00% | 0.00% | 0.00% | 157.43% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Income Tax Expense | 0.00 | -40.91M | 33.86M | 34.90M | 36.30M | 34.06M | 36.49M | 37.56M | 36.30M | 37.01M | 35.86M | 29.34M | 35.07M | 35.31M | 32.76M | 27.11M | 23.38M | 17.50M | 22.04M | 18.73M | 18.91M | 17.37M | 13.51M | 10.18M | 3.18M | 7.67M | 4.17M | 3.59M | 2.97M | 34.20M | 24.90M | 22.20M | 19.70M | 20.20M | -14.00M | -8.90M | -6.70M | -8.30M | -11.90M |
| Net Income | 200.49M | 186.18M | 123.78M | 73.49M | 87.04M | 88.51M | 83.18M | 95.51M | 47.87M | 47.94M | 32.62M | 32.38M | 22.36M | 18.33M | 26.66M | 34.14M | 29.73M | 29.23M | 22.19M | 23.33M | 20.45M | 23.63M | 34.18M | 36.51M | 38.36M | 29.34M | 20.78M | 12.51M | 7.71M | 7.20M | 6.40M | -3.70M | 5.70M | 3.00M | 14.00M | 8.90M | 6.70M | 8.30M | 11.90M |
| Net Income Ratio | 35.14% | 38.23% | 30.23% | 20.24% | 26.26% | 29.46% | 30.34% | 37.74% | 20.37% | 21.81% | 16.13% | 17.39% | 12.80% | 10.58% | 15.47% | 20.25% | 19.73% | 21.88% | 17.54% | 20.34% | 18.85% | 22.33% | 32.46% | 37.22% | 44.48% | 38.23% | 38.75% | 31.46% | 25.48% | 26.47% | 30.92% | -36.63% | 32.57% | 20.27% | 54.69% | 81.65% | 87.01% | 91.21% | 92.25% |
| EPS | 4.43 | 4.37 | 3.07 | 1.88 | 2.32 | 2.50 | 2.45 | 2.93 | 1.49 | 1.53 | 1.08 | 1.13 | 0.83 | 0.68 | 1.04 | 1.31 | 1.15 | 1.19 | 0.91 | 1.00 | 0.72 | 0.86 | 1.54 | 1.70 | 2.01 | 1.67 | 1.58 | 0.96 | 1.21 | 1.16 | 1.74 | -0.99 | 1.52 | 0.79 | 3.71 | 2.32 | 1.67 | 2.07 | 2.93 |
| EPS Diluted | 4.42 | 4.36 | 3.07 | 1.87 | 2.32 | 2.49 | 2.44 | 2.93 | 1.49 | 1.52 | 1.08 | 1.13 | 0.83 | 0.68 | 1.04 | 1.30 | 1.14 | 1.17 | 0.89 | 0.98 | 0.70 | 0.84 | 1.51 | 1.68 | 1.99 | 1.66 | 1.56 | 0.96 | 1.21 | 1.15 | 1.71 | -0.99 | 1.52 | 0.79 | 3.71 | 2.32 | 1.67 | 2.07 | 2.93 |
| Weighted Avg Shares Out | 45.22M | 42.60M | 40.26M | 39.19M | 37.44M | 35.44M | 34.00M | 32.56M | 32.09M | 31.34M | 30.16M | 28.58M | 26.90M | 26.75M | 25.59M | 24.50M | 23.56M | 22.37M | 21.57M | 20.77M | 17.82M | 15.87M | 15.70M | 15.59M | 16.05M | 16.28M | 13.18M | 13.02M | 6.34M | 6.21M | 3.68M | 3.74M | 3.75M | 3.80M | 3.77M | 3.84M | 4.01M | 4.01M | 4.06M |
| Weighted Avg Shares Out (Dil) | 45.33M | 42.71M | 40.38M | 39.30M | 37.53M | 35.51M | 34.05M | 32.63M | 32.20M | 31.45M | 30.27M | 28.68M | 26.97M | 26.82M | 25.69M | 24.65M | 23.78M | 22.69M | 21.89M | 21.09M | 18.19M | 16.24M | 16.01M | 15.78M | 16.20M | 16.43M | 13.34M | 13.02M | 6.34M | 6.26M | 3.74M | 3.74M | 3.75M | 3.80M | 3.77M | 3.84M | 4.01M | 4.01M | 4.06M |
EastGroup Acquires Atlanta Property, Sees Healthy Leasing Activity
EGP's expansion efforts in the thriving Sunbelt, shallow bay industrial market align with broader trends in the industrial real estate market.
EastGroup Properties Announces Recent Business Activity and Participation in Upcoming Conferences
JACKSON, Miss. , Nov. 14, 2024 /PRNewswire/ -- EastGroup Properties, Inc. (NYSE: EGP) (the "Company", "we", "us" or "EastGroup") announced today its recent business activity.
Why REITs Will Pummel Stocks In 2025
REITs have strongly outperformed the S&P 500 in the recent past. I expect this strong outperformance to continue. There are two reasons for this.
EastGroup Properties: The Surprising Growth Catalyst in Sun Belt Real Estate
EastGroup's strengths, management, and financials-all in 12 minutes or less!
My Portfolio's Biggest Winners And Losers From A Republican Sweep
The election's swift resolution led to a sharp market reaction; S&P 500 rose ~4.5%, but REITs were weighed down by rising Treasury rates. Trump's victory is seen as inflationary, benefiting REIT fundamentals by suppressing new construction starts due to higher...
It Is SNOing In November For REITs
Real estate activity is rebounding as macroeconomic uncertainties clear, with significant leasing volume in data centers and retail sectors, leading to future revenue visibility. SNO leases in data centers and retail REITs provide excellent visibility into future annual base rent,...
8 Stocks I'm Buying No Matter How The U.S. Election Goes
The federal government absorbed most of the economic pain of the pandemic, and that shows up in federal debt to GDP. Big Tech companies paradoxically benefit from a higher Fed Funds Rate, because their cash holdings are immense, and they...
PINE vs. EGP: Which Stock Is the Better Value Option?
Investors interested in stocks from the REIT and Equity Trust - Other sector have probably already heard of Alpine Income (PINE) and EastGroup Properties (EGP). But which of these two stocks presents investors with the better value opportunity right now?
EastGroup Properties: Double-Digit Dividend Growth, Industrial Powerhouse You Should Consider
EastGroup Properties has shown strong fundamentals, growing FFO and revenue despite industrial sector headwinds, and has raised its dividend and FFO guidance for the year. The REIT's focus on attractive Sun Belt markets and lower leverage ratios positions it well...
Brace For Volatility
U.S. equity markets snapped a six-week winning streak, while benchmark interest rates surged to three-month highs as investors braced for a volatile two-week stretch of market-moving events. Another surprisingly solid slate of domestic economic data - highlighted by improved jobless...
Source: https://incomestatements.info
Category: Stock Reports