EastGroup Properties Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Rental Revenue	695.76	638.04	566.18	486.82	409.41	362.67
Other Revenue	0.4	0.49	0.23	0.21	0.06	0.35
Total Revenue	696.15	638.53	566.4	487.03	409.48	363.02
Revenue Growth (YoY	11.63%	12.73%	16.30%	18.94%	12.80%	9.74%
Property Expenses	186.32	174.21	154.03	133.92	115.08	103.37
Selling, General & Administrative	23.76	21.4	17.34	16.91	16.4	15.07
Depreciation & Amortization	209.33	189.41	171.08	153.64	127.1	116.36
Total Operating Expenses	419.4	385.03	342.45	304.46	258.58	234.79
Operating Income	276.75	253.5	223.96	182.56	150.89	128.23
Interest Expense	-32.59	-38.96	-48	-38.5	-32.95	-33.93
Other Non-Operating Income	4.2	4.51	6.62	1.21	0.83	0.94
EBT Excluding Unusual Items	248.36	219.06	182.58	145.28	118.78	95.25
Gain (Loss) on Sale of Assets	-	8.75	17.97	41	38.86	13.15
Pretax Income	248.36	227.81	200.55	186.27	157.64	108.39
Earnings From Continuing Operations	248.36	227.81	200.55	186.27	157.64	108.39
Minority Interest in Earnings	-0.06	-0.06	-0.06	-0.09	-0.08	-0.03
Net Income	248.31	227.75	200.49	186.18	157.56	108.36
Net Income to Common	248.31	227.75	200.49	186.18	157.56	108.36
Net Income Growth	6.77%	13.60%	7.69%	18.17%	45.40%	-10.93%
Basic Shares Outstanding	52	49	45	43	40	39
Diluted Shares Outstanding	52	49	45	43	40	39
Shares Change (YoY)	8.28%	7.90%	6.13%	5.78%	2.75%	4.71%
EPS (Basic)	4.78	4.67	4.43	4.37	3.91	2.77
EPS (Diluted)	4.77	4.66	4.42	4.36	3.90	2.76
EPS Growth	-1.31%	5.43%	1.38%	11.79%	41.30%	-14.82%
Dividend Per Share	5.750	5.340	5.040	4.700	3.580	3.080
Dividend Growth	10.37%	5.95%	7.23%	31.29%	16.23%	4.76%
Operating Margin	39.75%	39.70%	39.54%	37.49%	36.85%	35.32%
Profit Margin	35.67%	35.67%	35.40%	38.23%	38.48%	29.85%
EBITDA	452.89	414.47	370.42	314.69	260.74	228.69
EBITDA Margin	65.06%	64.91%	65.40%	64.61%	63.68%	63.00%
D&A For Ebitda	176.14	160.97	146.46	132.12	109.84	100.46
EBIT	276.75	253.5	223.96	182.56	150.89	128.23
EBIT Margin	39.75%	39.70%	39.54%	37.49%	36.85%	35.32%
Funds From Operations (FFO)	457.61	408.17	353.28	298.93	245.93	211.57
FFO Per Share	8.79	8.35	7.79	7.00	6.09	5.38
Adjusted Funds From Operations (AFFO)	-	408.17	353.28	298.93	245.93	211.57
AFFO Per Share	-	8.35	7.79	7.00	6.09	5.38
FFO Payout Ratio	63.09%	61.93%	63.87%	64.88%	53.58%	56.61%
Revenue as Reported	697.92	640.23	570.59	487.03	409.48	363.02

Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.