Eastgroup Properties
EGP · NYSEReal Estate Investment Trusts · Fiscal year ends Dec 31
Eastgroup Properties reported revenue of $721M in the fiscal year ended Dec 2025, up 12.7% from the year before. Net income was $257M.
Last 5 fiscal years
Revenue and net income
Income statement
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Revenue | $409M | $487M | $571M | $640M | $721M |
| Interest expense | $33M | $38M | $48M | $39M | $32M |
| Net income | $158M | $186M | $201M | $228M | $257M |
| Diluted EPS | 3.90 | 4.36 | 4.42 | 4.66 | 4.87 |
| Diluted shares | 40M | 43M | 45M | 49M | 53M |
Balance sheet
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Cash & equivalents | $4M | $56,000 | $40M | $18M | $1M |
| Goodwill | $990,000 | $990,000 | $990,000 | $990,000 | $990,000 |
| Total assets | $3.2B | $4B | $4.5B | $5.1B | $5.4B |
| Long-term debt | – | – | $1.7B | $1.5B | – |
| Total liabilities | $1.6B | $2.1B | $1.9B | $1.8B | $1.9B |
| Shareholders' equity | $1.6B | $2B | $2.6B | $3.3B | $3.5B |
Cash flow
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Operating cash flow | $256M | $317M | $338M | $417M | $481M |
| Depreciation & amortisation | $127M | $154M | $171M | $189M | $217M |
| Stock-based compensation | $8M | $8M | $9M | $10M | $12M |
| Dividend per share | 3.58 | 4.70 | 5.04 | 5.34 | 5.90 |
Key ratios
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Revenue growth (YoY) | – | 18.9% | 17.2% | 12.2% | 12.7% |
| EPS growth (YoY) | – | 11.8% | 1.4% | 5.4% | 4.5% |
| Net margin | 38.5% | 38.2% | 35.1% | 35.6% | 35.7% |
| Return on equityBlank when equity is negative | 10.0% | 9.5% | 7.7% | 6.9% | 7.4% |
| Cash conversion (CFO ÷ net income) | 1.63x | 1.70x | 1.69x | 1.83x | 1.87x |
| Debt ÷ equity | – | – | 0.64x | 0.46x | – |
| Net debtDebt − cash & equivalents; excludes investments; negative = net cash | – | – | $1.6B | $1.5B | – |
Recent filings
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Standardised figures from the company's XBRL filings with the SEC (10-K, 10-Q). Line items follow US GAAP tags, so a company's own statement layout may differ and some lines show “–” where the company does not report that item. Ratios are calculated from these figures. For education only; not investment advice or a recommendation.