See more : Naked Wines plc (WINE.L) 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.
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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 Properties Announces Recent Business Activity and Participation in Upcoming Conferences
JACKSON, Miss. , Sept. 5, 2024 /PRNewswire/ -- EastGroup Properties, Inc. (NYSE: EGP) (the "Company", "we", "us" or "EastGroup") announced today its recent business activity.
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Maintaining its impressive track record of increasing dividends, EGP announces a 10.2% hike in quarterly distributions.
The Time Has Come
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EastGroup Properties Announces Dividend Increase
JACKSON, Miss. , Aug. 23, 2024 /PRNewswire/ -- EastGroup Properties (NYSE: EGP) (the "Company", "EastGroup") announced today that its Board of Directors approved a 10.2% increase in its quarterly dividend, raising it to $1.40 per share from $1.27 per share.
EastGroup Properties Still Looks Buyable After Solid Q2 2024 Delivery
EastGroup Properties operates in attractive sunbelt markets, accompanied by a strong job market, population growth, and increasing tourism significance. The Company focuses on last-mile industrial properties with historically lower vacancy rates. As the industrial property sector faces some headwinds, EGP...
PGRE vs. EGP: Which Stock Should Value Investors Buy Now?
Investors looking for stocks in the REIT and Equity Trust - Other sector might want to consider either Paramount Group (PGRE) or EastGroup Properties (EGP). But which of these two stocks offers value investors a better bang for their buck...
4 REITs With Fastest Dividend Growth
REITs have crashed, but their dividends have kept growing. Some of them are growing their dividends at a very rapid pace. Here are 4 REITs with >10% annual dividend growth rates.
Source: https://incomestatements.info
Category: Stock Reports