EastGroup Properties, Inc. (EGP)

EastGroup Properties Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	676.53	638.04	566.18	486.82	409.41	362.67
Other Revenue	0.36	0.49	0.23	0.21	0.06	0.35
Total Revenue	676.89	638.53	566.4	487.03	409.48	363.02
Revenue Growth (YoY	11.85%	12.73%	16.30%	18.94%	12.80%	9.74%
Property Expenses	182.48	174.21	154.03	133.92	115.08	103.37
Selling, General & Administrative	23.26	21.4	17.34	16.91	16.4	15.07
Depreciation & Amortization	204.11	189.41	171.08	153.64	127.1	116.36
Total Operating Expenses	409.86	385.03	342.45	304.46	258.58	234.79
Operating Income	267.04	253.5	223.96	182.56	150.89	128.23
Interest Expense	-34.78	-38.96	-48	-38.5	-32.95	-33.93
Other Non-Operating Income	4.28	4.51	6.62	1.21	0.83	0.94
EBT Excluding Unusual Items	236.54	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	236.6	227.81	200.55	186.27	157.64	108.39
Earnings From Continuing Operations	236.6	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	236.54	227.75	200.49	186.18	157.56	108.36
Net Income to Common	236.54	227.75	200.49	186.18	157.56	108.36
Net Income Growth	4.53%	13.60%	7.69%	18.17%	45.40%	-10.93%
Basic Shares Outstanding	51	49	45	43	40	39
Diluted Shares Outstanding	51	49	45	43	40	39
Shares Change (YoY)	7.87%	7.90%	6.13%	5.78%	2.75%	4.71%
EPS (Basic)	4.65	4.67	4.43	4.37	3.91	2.77
EPS (Diluted)	4.64	4.66	4.42	4.36	3.90	2.76
EPS Growth	-3.09%	5.43%	1.38%	11.79%	41.30%	-14.82%
Dividend Per Share	5.600	5.340	5.040	4.700	3.580	3.080
Dividend Growth	10.24%	5.95%	7.23%	31.29%	16.23%	4.76%
Operating Margin	39.45%	39.70%	39.54%	37.49%	36.85%	35.32%
Profit Margin	34.95%	35.67%	35.40%	38.23%	38.48%	29.85%
EBITDA	439.09	414.47	370.42	314.69	260.74	228.69
EBITDA Margin	64.87%	64.91%	65.40%	64.61%	63.68%	63.00%
D&A For Ebitda	172.06	160.97	146.46	132.12	109.84	100.46
EBIT	267.04	253.5	223.96	182.56	150.89	128.23
EBIT Margin	39.45%	39.70%	39.54%	37.49%	36.85%	35.32%
Funds From Operations (FFO)	440.63	408.17	353.28	298.93	245.93	211.57
FFO Per Share	8.64	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	62.81%	61.93%	63.87%	64.88%	53.58%	56.61%
Revenue as Reported	678.66	640.23	570.59	487.03	409.48	363.02

Updated Jul 23, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q