EastGroup Properties Inc. (EGP) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 26	$1.29	$1.31	+1.6%	—	$193.3M	—
Q1 26	$1.22	$1.3	+6.6%	—	$190.3M	—
Q4 25	$1.3	$1.27	-2.3%	—	$187.5M	—
Q3 25	$1.25	$1.26	+0.8%	—	$182.1M	—
Q2 25	$1.19	$1.2	+0.8%	—	$177.3M	—
Q1 25	$1.12	$1.14	+1.8%	—	$174.4M	—
Q4 24	$1.13	$1.16	+2.7%	—	$164M	—
Q3 24	$1.14	$1.13	-0.9%	—	$162.9M	—
Q2 24	$1.1	$1.14	+3.6%	—	$159.1M	—
Q1 24	$1.04	$1.22	+17.3%	—	$154.2M	—
Q4 23	$1.08	$1.07	-0.9%	—	$149.1M	—
Q3 23	$0.99	$1.07	+8.1%	—	$146.5M	—
Q2 23	$0.91	$0.97	+6.6%	—	$139.9M	—
Q1 23	$0.86	$1.02	+18.6%	—	$135M	—
Q4 22	$0.88	$0.89	+1.1%	—	$129.8M	—
Q3 22	$0.84	$0.87	+3.6%	—	$125.7M	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$4.88	—	—	$721.3M	—
FY24	—	$4.67	—	—	$640.2M	—
FY23	—	$4.43	—	—	$570.6M	—
FY22	—	$4.37	—	—	$487M

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$253M	$274.1M	$300.4M	$331.4M	$363M	$409.5M	$487M	$570.6M	$640.2M	$721.3M
YoY change	+7.68%	+8.34%	+9.57%	+10.3%	+9.55%	+12.8%	+18.9%	+17.2%	+12.2%	+12.7%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	253M	274.1M	300.4M	331.4M	363M	409.5M	487M	570.6M	640.2M	721.3M
Cost of revenue	74.3M	80.1M	86.4M	93.3M	103.4M	115.1M	133.9M	154M	174.2M	192.2M
Gross profit	178.7M	194M	214M	238.1M	259.7M	294.4M	353.1M	416.6M	466M	529.1M
Gross margin	70.6%	70.8%	71.2%	71.9%	71.5%	71.9%	72.5%	73%	72.8%	73.3%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	13.2M	15M	13.7M	16.8M	15.1M	16.4M	16.9M	17.3M	21.4M	24.8M
Operating expenses	13.2M	15M	13.7M	16.8M	15.1M	16.4M	16.9M	17.3M	21.4M	24.8M
Operating income	87.5M	95.2M	108.6M	116.6M	128.2M	150.9M	182.6M	228.1M	255.2M	287.6M
Operating margin	34.6%	34.7%	36.1%	35.2%	35.3%	36.9%	37.5%	40%	39.9%	39.9%
Non-operating income, net	43.8M	23.2M	15.2M	41.2M	14.1M	39.7M	42.2M	20.4M	11.6M	2M
Pretax income	96.1M	83.6M	88.6M	123.3M	108.4M	157.6M	186.3M	200.5M	227.8M	257.5M
Income tax	—	—	—	—	—	—	—	—	—	—
Net income	96.1M	83.6M	88.6M	123.3M	108.4M	157.6M	186.3M	200.5M	227.8M	257.5M
Net margin	38%	30.5%	29.5%	37.2%	29.9%	38.5%	38.2%	35.1%	35.6%	35.7%
EBITDA	165M	178.5M	201.2M	221.5M	245.5M	278.8M	335.3M	398.7M	444.5M	503.5M
EPS	2.93	2.45	2.5	3.25	2.77	3.91	4.37	4.43	4.67	4.88
Diluted EPS	2.93	2.44	2.49	3.24	2.76	3.9	4.36	4.42	4.66	4.87

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	146.5M	149.1M	154.2M	159.1M	162.9M	164M	174.4M	177.3M	182.1M	187.5M	190.3M	193.3M
Cost of revenue	40.7M	39.4M	43M	43.9M	44.2M	43.2M	46.8M	48.4M	48M	49.1M	50.5M	50.7M
Gross profit	105.8M	109.8M	111.2M	115.2M	118.7M	120.8M	127.7M	128.9M	134.1M	138.3M	139.7M	142.6M
Gross margin	72.2%	73.6%	72.1%	72.4%	72.9%	73.7%	73.2%	72.7%	73.6%	73.8%	73.4%	73.8%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	3.6M	3.9M	6.9M	5M	5.3M	4.3M	8.2M	5.5M	5.8M	5.3M	7.8M	7.4M
Operating expenses	3.6M	3.9M	6.9M	5M	5.3M	4.3M	8.2M	5.5M	5.8M	5.3M	7.8M	7.4M
Operating income	59.7M	60.6M	59.2M	64.6M	64.5M	66.9M	67M	70.5M	74.2M	76M	76.4M	78.8M
Operating margin	40.8%	40.7%	38.4%	40.6%	39.6%	40.8%	38.4%	39.7%	40.7%	40.5%	40.2%	40.8%
Non-operating income, net	474K	13.9M	9.5M	518K	582K	931K	510K	553K	447K	499K	27.3M	5.7M
Pretax income	48.9M	63.5M	58.7M	55.3M	55.2M	58.7M	59.4M	63.3M	67M	67.8M	94.6M	75.5M
Income tax	—	—	—	—	—	—	—	—	—	—	—	—
Net income	48.9M	63.5M	58.7M	55.3M	55.2M	58.7M	59.4M	63.3M	67M	67.8M	94.6M	75.5M
Net margin	33.4%	42.6%	38%	34.8%	33.9%	35.8%	34.1%	35.7%	36.8%	36.1%	49.7%	39.1%
EBITDA	102M	105.9M	104.4M	110.1M	113.2M	116.8M	119.3M	123.3M	128.1M	132.8M	133.5M	134.9M
EPS	1.07	1.35	1.23	1.15	1.13	1.17	1.14	1.21	1.26	1.27	1.77	1.41
Diluted EPS	1.07	1.35	1.22	1.14	1.13	1.16	1.14	1.2	1.26	1.27	1.77	1.4

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	2.4B	3B	3.3B	5B	5.4B	9.2B	6.3B	8.3B	7.8B	9.4B	10.9B
Enterprise value	3.5B	4.1B	4.4B	6.2B	6.7B	10.6B	8.2B	10B	9.4B	11.1B	12.4B
Shares outstanding	32.6M	34M	35.4M	37.4M	39.2M	40.3M	42.6M	45.2M	48.8M	52.7M	52.7M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	25	35.9	36.7	40.3	49.9	58.2	33.9	41.4	34.4	36.5	35.4
P/S	9.5	11	10.8	15	14.9	22.4	13	14.5	12.2	13	14.4
P/B	3.75	4	3.59	4.13	4.26	5.84	3.23	3.18	2.38	2.69	3
EV/EBITDA	21.2	23	21.7	27.8	27.4	38.2	24.4	25	21.1	22	25.3
EV/Sales	13.9	15	14.5	18.6	18.6	26	16.8	17.4	14.6	15.3	16.5
Earnings yield	4%	2.78%	2.73%	2.48%	2%	1.72%	2.95%	2.42%	2.91%	2.74%	2.82%
FCF yield	5.78%	5.16%	5.07%	3.94%	3.63%	2.8%	5.02%	4.07%	5.32%	5.12%	3.48%
PEG	—	—	—	—	—	—	—	—	—	—	2.14

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	70.6%	70.8%	71.2%	71.9%	71.5%	71.9%	72.5%	73%	72.8%	73.3%	73.8%
Operating margin	34.6%	34.7%	36.1%	35.2%	35.3%	36.9%	37.5%	40%	39.9%	39.9%	40.8%
Net margin	38%	30.5%	29.5%	37.2%	29.9%	38.5%	38.2%	35.1%	35.6%	35.7%	40.6%
ROE	15%	11.1%	9.8%	10.3%	8.53%	10%	9.54%	7.69%	6.92%	7.36%	8.73%
ROA	5.26%	4.28%	4.16%	4.84%	3.98%	4.9%	4.62%	4.44%	4.49%	4.74%	3.54%
Return on tangible assets	5.35%	4.34%	4.21%	4.92%	4.03%	4.96%	4.67%	4.48%	4.56%	4.81%	5.59%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	0.17	0.17	0.17	0.3	0.35	0.27	0.25	0.8	0.74	0.6	0.41
Quick ratio	0.17	0.17	0.17	0.3	0.35	0.25	0.25	0.8	0.74	0.6	0.71
Debt / equity	1.72	1.48	1.22	1	1.04	0.94	0.96	0.65	0.47	0.48	0.46
Debt / assets	0.6	0.57	0.52	0.47	0.49	0.46	0.47	0.38	0.3	0.31	0.3
Net debt / EBITDA	6.67	6.21	5.49	5.4	5.39	5.28	5.62	4.15	3.44	3.31	3.05
Interest coverage	3.91	3.54	3.52	4.58	4.19	5.78	6.11	5.45	7.32	9.79	10.7

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	7.77	8.06	8.48	8.85	9.26	10.2	11.4	12.6	13.1	13.7	14.1
EPS (basic)	2.93	2.45	2.5	3.25	2.77	3.91	4.37	4.43	4.67	4.88	4.88
EPS (diluted)	2.93	2.44	2.49	3.24	2.76	3.9	4.36	4.42	4.66	4.87	5.69
Book value per share	19.7	22.1	25.5	32.1	32.4	39	45.9	57.7	67.5	66.3	67.1
FCF per share	4.26	4.56	4.65	5.23	5.01	6.37	7.43	7.48	8.54	9.12	9.4
Cash per share	0.02	0	0.01	0.01	0	0.11	0	0.89	0.36	0.02	0.88
Capex per share	—	—	—	0.51	0.45	0.83	—	—	—	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	—	—	—	5.79%	4.83%	8.13%	—	—	—	—	—
Capex / operating cash flow	—	—	—	7.88%	9.19%	10.8%	—	—	—	—	—
Payout ratio	84.2%	103.8%	80.4%	88.2%	110.5%	83.6%	104.1%	112.5%	111%	117.5%	109%
Dividend yield	3.36%	2.89%	2.19%	2.19%	2.21%	1.44%	3.07%	2.72%	3.23%	3.22%	3.06%

Yield

3.06%

trailing twelve months

Frequency

Quarterly

Last dividend

$1.55

ex-dividend Jun 30, 2026

Payout ratio

109%

of earnings

Dividend growth

15 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Jun 30, 2026	$1.55
Mar 31, 2026	$1.55
Dec 31, 2025	$1.55

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$146.5M	$149.1M	$154.2M	$159.1M	$162.9M	$164M	$174.4M	$177.3M	$182.1M	$187.5M	$190.3M	$193.3M
YoY change	+16.6%	+14.9%	+14.2%	+13.7%	+11.2%	+9.99%	+13.1%	+11.4%	+11.8%	+14.3%	+9.06%	+9.05%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	522K	16K	374K	224K	21K	4.4M	56K	40.3M	17.5M	1M
Receivables	34.3M	37M	41.5M	46M	49.1M	59.1M	71M	82.3M	93.8M	112.8M
Inventory	—	—	—	—	0	5.7M	0	—	—	—
Total current assets	42.4M	47.2M	50.1M	64.7M	73.8M	88.5M	79.1M	132M	125M	126.9M
Property, plant & equipment	—	—	0	4.2M	0	0	0	0	0	0
Goodwill & intangibles	28.9M	26.9M	26.8M	37.2M	32.3M	39.8M	44.3M	42.7M	79.7M	75.5M
Total assets	1.8B	2B	2.1B	2.5B	2.7B	3.2B	4B	4.5B	5.1B	5.4B
Accounts payable	—	—	—	—	2.4M	10.6M	11M	15M	10.9M	6.3M
Short-term debt	191M	195.7M	193.9M	111.4M	124.2M	207.1M	168.5M	-1.5M	-3.6M	16.2M
Total current liabilities	253.5M	270M	293.2M	217.3M	208.5M	333.2M	322.4M	164.9M	168.6M	211.1M
Long-term debt	910.3M	912.6M	911.9M	1.1B	1.2B	1.3B	1.7B	1.7B	1.5B	1.6B
Total liabilities	1.2B	1.2B	1.2B	1.3B	1.5B	1.6B	2.1B	1.9B	1.8B	1.9B
Shareholders' equity	641.9M	751.1M	904.7M	1.2B	1.3B	1.6B	2B	2.6B	3.3B	3.5B
Total debt	1.1B	1.1B	1.1B	1.2B	1.3B	1.5B	1.9B	1.7B	1.5B	1.7B
Net debt	1.1B	1.1B	1.1B	1.2B	1.3B	1.5B	1.9B	1.7B	1.5B	1.7B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	374K	40.3M	15.6M	39.4M	17M	17.5M	20.5M	32.9M	3M	1M	31.4M	33.4M
Receivables	76.6M	82.3M	80.7M	82.8M	87.2M	93.8M	93.4M	98.8M	104.6M	112.8M	111.6M	114.4M
Inventory	—	—	—	—	—	—	—	—	—	—	1.4M	—
Total current assets	94.7M	132M	102.3M	142M	125.5M	125M	125.8M	139.2M	122M	126.9M	152.1M	161.5M
Property, plant & equipment	0	0	0	0	0	0	0	0	0	0	0	0
Goodwill & intangibles	40.7M	42.7M	44.5M	47.8M	48.5M	79.7M	73.2M	67M	78.9M	75.5M	74M	68M
Total assets	4.4B	4.5B	4.6B	4.7B	4.8B	5.1B	5.1B	5.2B	5.4B	5.4B	5.5B	5.5B
Accounts payable	14.9M	15M	14.7M	13.7M	10.9M	10.9M	11.8M	9.8M	10M	6.3M	7.3M	7.6M
Short-term debt	-1.8M	-1.5M	-1.3M	-4.1M	-3.8M	-3.6M	-3.3M	-3.1M	42.2M	16.2M	-2.3M	-2.1M
Total current liabilities	235.6M	164.9M	173.4M	203.1M	221.2M	168.6M	197.6M	218.1M	293.5M	211.1M	191.1M	226.2M
Long-term debt	1.7B	1.7B	1.7B	1.7B	1.6B	1.5B	1.5B	1.5B	1.5B	1.6B	1.6B	1.6B
Total liabilities	2B	1.9B	1.9B	1.9B	1.9B	1.8B	1.8B	1.8B	1.8B	1.9B	1.9B	1.9B
Shareholders' equity	2.4B	2.6B	2.7B	2.8B	2.8B	3.3B	3.3B	3.4B	3.5B	3.5B	3.6B	3.6B
Total debt	1.7B	1.7B	1.7B	1.7B	1.6B	1.5B	1.5B	1.5B	1.5B	1.7B	1.6B	1.6B
Net debt	1.7B	1.7B	1.7B	1.7B	1.6B	1.5B	1.5B	1.5B	1.5B	1.7B	1.6B	1.6B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	96.1M	83.6M	88.6M	123.3M	108.4M	157.6M	186.3M	200.5M	227.8M	257.5M
Depreciation & amortization	77.9M	83.9M	91.7M	104.7M	116.4M	127.1M	153.6M	171.1M	189.4M	216.7M
Stock-based compensation	4.6M	5.5M	5.3M	6.8M	6.6M	7.5M	8.3M	9M	10.5M	11.8M
Change in working capital	8.6M	11.6M	-9.5M	7.5M	-42.3M	15M	7.9M	-21.3M	-2.3M	-5.8M
Operating cash flow	187.5M	185.5M	176.4M	243.5M	190.6M	308.6M	357.5M	356.6M	425.7M	480.7M
Capital expenditure	—	—	—	-19.2M	-17.5M	-33.3M	—	—	—	—
Investing cash flow	-10M	-14.6M	-3.6M	-30.5M	-49.6M	-43.2M	-35.2M	-7.2M	-47.7M	-38.8M
Dividends paid	-80.9M	-86.7M	-71.3M	-108.8M	-119.8M	-131.8M	-193.9M	-225.6M	-252.8M	-302.5M
Share repurchases	—	—	—	—	—	—	—	—	—	—
Financing cash flow	-519.1M	-363.4M	-371.6M	-768.4M	-521.3M	-264.2M	-781.1M	-369.6M	220.1M	-242.5M
Net change in cash	-341.6M	-192.5M	-198.9M	-555.4M	-380.3M	1.3M	-458.8M	-20.1M	598.1M	199.5M
Free cash flow	138.9M	155M	164.7M	195.9M	196.3M	256.5M	316.5M	338.2M	416.6M	480.7M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	48.9M	63.5M	58.7M	55.3M	55.2M	58.7M	59.4M	63.3M	67M	67.8M	94.6M	75.5M
Depreciation & amortization	42.5M	45.2M	45.2M	45.7M	48.9M	49.7M	52.5M	53M	54.1M	57.1M	55.5M	56.4M
Stock-based compensation	1.9M	2.1M	3.5M	2.2M	2.5M	2.2M	4.2M	2.3M	2.6M	2.6M	4.2M	2.8M
Change in working capital	29.2M	-59.8M	18.3M	20.5M	15.6M	-56.7M	18.8M	23.9M	14.7M	-63.1M	14.2M	29.3M
Operating cash flow	121.3M	51.3M	125.9M	122.9M	122.9M	54M	133.7M	143.4M	138.9M	64.7M	142.3M	159.6M
Capital expenditure	—	—	—	—	—	—	—	—	—	—	—	—
Investing cash flow	-1M	-19.6M	-13.2M	-9.6M	-17.2M	-7.7M	27K	-8.6M	-13.2M	-17M	-9.4M	-13.3M
Dividends paid	-56.5M	-58.7M	-61.4M	-60.9M	-61.7M	-68.8M	-73.2M	-73.1M	-73.7M	-82.6M	-83.7M	-83.2M
Share repurchases	—	—	—	—	—	—	—	—	—	—	—	—
Financing cash flow	-522K	45M	-18.3M	16.8M	-43M	264.5M	-54.6M	-9.6M	75K	-415.9M	-39.8M	-106.2M
Net change in cash	119.8M	76.7M	94.4M	130M	62.8M	310.9M	79.1M	125.2M	125.7M	-368.2M	93.1M	40.1M
Free cash flow	121.3M	38.1M	116.9M	122.9M	122.9M	53.9M	133.7M	143.4M	138.9M	64.7M	142.3M	159.6M

EastGroup Properties Inc. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history