EastGroup Properties Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Property Revenue	719.42	638.04	566.18	486.82	409.41
Service and Other Revenue	1.92	2.2	4.41	0.21	0.06
Revenue	721.34	640.23	570.59	487.03	409.48
Revenue Growth (YoY)	12.67%	12.21%	17.16%	18.94%	12.80%
Property Expenses	192.24	174.21	154.03	133.92	115.08
Total Property Expenses	192.24	174.21	154.03	133.92	115.08
Gross Profit	529.09	466.02	416.56	353.11	294.4
Selling, General & Admin	23.96	20.62	16.76	16.36	15.7
Depreciation & Amortization Expenses	216.73	189.41	171.08	153.64	127.1
Other Operating Expenses	0.84	0.79	0.58	0.55	0.7
Operating Income	287.56	255.21	228.14	182.56	150.89
Net Gains on Disposal of Properties	-	8.75	17.97	41	38.86
Interest Expense	-32.11	-38.96	-48	-38.5	-32.95
Other Non-Operating Income (Expense)	2.01	2.81	2.44	1.21	0.83
Total Non-Operating Income (Expense)	-30.1	-27.4	-27.6	3.71	6.74
Pretax Income	257.46	227.81	200.55	186.27	157.64
Net Income	257.4	227.75	200.49	186.18	157.56
Minority Interest in Earnings	-0.06	-0.06	-0.06	-0.09	-0.08
Net Income to Common	257.4	227.75	200.49	186.18	157.56
Net Income Growth	13.02%	13.60%	7.69%	18.17%	45.40%
Shares Outstanding (Basic)	53	49	45	43	40
Shares Outstanding (Diluted)	53	49	45	43	40
Shares Change (YoY)	7.98%	7.90%	6.13%	5.78%	2.75%
EPS (Basic)	4.88	4.67	4.43	4.37	3.91
EPS (Diluted)	4.87	4.66	4.42	4.36	3.90
EPS Growth	4.51%	5.43%	1.38%	11.79%	41.30%
Free Cash Flow	-60.13	-277.75	-266.24	-220.47	-307.18
Free Cash Flow Per Share	-1.14	-5.68	-5.87	-5.16	-7.61
Dividends Per Share	5.900	5.340	5.040	4.700	3.580
Dividend Growth	10.49%	5.95%	7.23%	31.29%	16.23%
Gross Margin	73.35%	72.79%	73.01%	72.50%	71.90%
Operating Margin	39.87%	39.86%	39.98%	37.49%	36.85%
Profit Margin	35.69%	35.58%	35.15%	38.25%	38.50%
FCF Margin	-8.34%	-43.38%	-46.66%	-45.27%	-75.02%
EBITDA	504.29	444.62	399.22	336.2	277.99
EBITDA Margin	69.91%	69.45%	69.97%	69.03%	67.89%
EBIT	287.56	255.21	228.14	182.56	150.89
EBIT Margin	39.87%	39.86%	39.98%	37.49%	36.85%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q