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EastGroup Properties (EGP) Financials

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$156.54 +1.48 (+0.95%)
As of 03:58 PM Eastern
Annual Income Statements for EastGroup Properties

Annual Income Statements for EastGroup Properties

This table shows EastGroup Properties' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Net Income / (Loss) Attributable to Common Shareholders
48 96 83 89 122 108 158 186 200 228
Consolidated Net Income / (Loss)
48 96 84 89 123 108 158 186 201 228
Net Income / (Loss) Continuing Operations
48 96 84 89 123 108 157 185 201 228
Total Pre-Tax Income
79 87 0.00 109 117 128 190 224 201 228
Total Revenue
235 253 274 300 331 363 409 487 543 613
Net Interest Income / (Expense)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -48 -39
Total Interest Income
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 48 39
Long-Term Debt Interest Expense
- - - - - - - - 48 39
Total Non-Interest Income
235 253 274 300 331 363 409 487 591 652
Other Service Charges
0.09 0.09 0.12 1.37 0.57 0.35 0.06 0.21 6.85 5.00
Net Realized & Unrealized Capital Gains on Investments
- - - - - - - - 18 8.75
Other Non-Interest Income
235 253 274 299 331 363 409 487 566 638
Total Non-Interest Expense
156 166 179 192 215 235 220 263 342 385
Net Occupancy & Equipment Expense
- - - - - - 115 134 154 174
Other Operating Expenses
82 88 95 100 110 118 16 17 17 21
Depreciation Expense
73 78 84 92 105 116 127 154 171 189
Net Income / (Loss) Attributable to Noncontrolling Interest
0.53 0.59 0.41 0.13 1.68 0.03 0.08 0.09 0.06 0.06
Basic Earnings per Share
$1.49 $2.93 $2.45 $2.50 $3.25 $2.77 $3.91 $4.37 $4.43 $4.67
Weighted Average Basic Shares Outstanding
32.09M 32.56M 34.00M 35.44M 37.44M 39.19M 40.26M 42.60M 45.22M 48.80M
Diluted Earnings per Share
$1.49 $2.93 $2.44 $2.49 $3.24 $2.76 $3.90 $4.36 $4.42 $4.66
Weighted Average Diluted Shares Outstanding
32.20M 32.63M 34.05M 35.51M 37.53M 39.30M 40.38M 42.71M 45.33M 48.91M
Weighted Average Basic & Diluted Shares Outstanding
32.10M 32.60M 34M 35.40M 38.90M 39.66M 41.25M 43.55M 47.96M 52.02M
Cash Dividends to Common per Share
$2.34 $2.44 $2.52 $2.72 $2.94 $3.08 $3.58 $4.70 $5.04 $5.34

Quarterly Income Statements for EastGroup Properties

This table shows EastGroup Properties' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Net Income / (Loss) Attributable to Common Shareholders
38 39 45 43 49 63 59 55 55 59
Consolidated Net Income / (Loss)
38 39 45 43 49 63 59 55 55 59
Net Income / (Loss) Continuing Operations
38 37 44 43 48 64 59 55 55 59
Total Pre-Tax Income
37 101 57 43 60 40 59 65 55 49
Total Revenue
116 140 135 128 147 133 154 159 154 146
Net Interest Income / (Expense)
-9.77 9.77 0.00 -13 0.00 -35 -10 0.00 -9.87 -19
Total Interest Expense
9.77 -9.77 0.00 13 0.00 35 10 0.00 9.87 19
Total Non-Interest Income
126 130 135 141 147 169 164 159 163 165
Other Service Charges
0.09 0.04 1.06 1.82 2.15 1.81 0.92 1.76 0.60 1.73
Other Non-Interest Income
126 130 134 139 144 149 154 157 163 164
Total Non-Interest Expense
78 39 78 85 87 93 95 94 98 97
Net Occupancy & Equipment Expense
35 - 36 38 41 39 43 44 44 43
Other Operating Expenses
4.09 -60 5.34 47 3.58 -38 52 4.96 5.31 -41
Net Income / (Loss) Attributable to Noncontrolling Interest
0.03 0.02 0.01 0.02 0.01 0.01 0.01 0.01 0.01 0.01
Basic Earnings per Share
$0.87 $0.87 $1.02 $0.97 $1.07 $1.37 $1.23 $1.15 $1.13 $1.16
Weighted Average Basic Shares Outstanding
43.47M 42.60M 43.75M 44.66M 45.66M 45.22M 47.86M 48.25M 48.86M 48.80M
Diluted Earnings per Share
$0.87 $0.86 $1.02 $0.97 $1.07 $1.36 $1.22 $1.14 $1.13 $1.17
Weighted Average Diluted Shares Outstanding
43.58M 42.71M 43.82M 44.73M 45.79M 45.33M 47.96M 48.35M 49.00M 48.91M
Weighted Average Basic & Diluted Shares Outstanding
43.57M 43.55M 44.41M 45.40M 46.33M 47.96M 48.14M 48.73M 49.51M 52.02M

Annual Cash Flow Statements for EastGroup Properties

This table details how cash moves in and out of EastGroup Properties' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Net Change in Cash & Equivalents
0.04 0.47 -0.51 0.36 -0.15 -0.20 4.37 -4.34 16 12
Net Cash From Operating Activities
130 139 155 165 196 196 256 317 338 417
Net Cash From Continuing Operating Activities
130 139 155 165 196 197 256 317 338 417
Net Income / (Loss) Continuing Operations
48 96 84 89 123 108 158 186 201 228
Consolidated Net Income / (Loss)
48 96 84 89 123 108 158 186 201 228
Depreciation Expense
73 78 84 92 105 116 127 154 171 189
Non-Cash Adjustments to Reconcile Net Income
3.55 -38 -16 -8.84 -33 -4.68 -30 -31 -12 1.65
Changes in Operating Assets and Liabilities, net
4.81 2.85 3.30 -6.77 0.96 -23 1.73 7.89 -21 -2.28
Net Cash From Investing Activities
-156 -186 -179 -241 -443 -288 -529 -521 -570 -724
Net Cash From Continuing Investing Activities
-156 -186 -179 -245 -443 -288 -529 -525 -594 -690
Purchase of Property, Leasehold Improvements and Equipment
-25 -24 -27 -38 -38 -33 -37 -41 -63 -42
Purchase of Investment Securities
-135 -245 -195 -238 -470 -273 -559 -536 -578 -668
Sale and/or Maturity of Investments
5.16 79 43 23 67 22 44 51 47 20
Net Cash From Financing Activities
26 48 24 77 247 92 277 200 272 285
Net Cash From Continuing Financing Activities
231 394 24 177 247 92 277 200 272 285
Issuance of Debt
570 813 452 508 1,223 900 801 1,467 572 65
Issuance of Common Equity
6.23 59 109 157 285 91 273 76 692 718
Repayment of Debt
-268 -396 -446 -412 -1,147 -773 -661 -1,119 -760 -238
Payment of Dividends
-76 -81 -86 -71 -109 -120 -132 -194 -226 -253
Other Financing Activities, Net
-1.38 -2.46 -4.53 -5.36 -4.35 -6.42 -4.12 -30 -5.84 -6.67
Cash Interest Paid
33 34 34 33 39 42 41 47 47 37

Quarterly Cash Flow Statements for EastGroup Properties

This table details how cash moves in and out of EastGroup Properties' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Net Change in Cash & Equivalents
-0.71 -4.79 493 382 119 -979 14 48 34 -85
Net Cash From Operating Activities
100 40 93 85 121 38 117 123 123 54
Net Cash From Continuing Operating Activities
100 40 93 85 121 38 117 123 123 54
Net Income / (Loss) Continuing Operations
38 39 45 43 49 63 59 55 55 59
Consolidated Net Income / (Loss)
38 39 45 43 49 63 59 55 55 59
Depreciation Expense
39 41 41 42 43 45 45 46 49 50
Non-Cash Adjustments to Reconcile Net Income
2.25 2.57 -2.94 0.95 0.73 -11 -5.26 1.43 3.23 2.25
Changes in Operating Assets and Liabilities, net
21 -42 11 -1.39 29 -60 18 20 16 -57
Net Cash From Investing Activities
-124 -136 -65 -144 -181 -181 -123 -148 -126 -328
Net Cash From Continuing Investing Activities
-124 -140 -65 -160 -179 -191 -124 -148 -115 -303
Purchase of Property, Leasehold Improvements and Equipment
-9.32 -9.81 -16 -13 -13 -21 -15 -20 -14 7.17
Purchase of Investment Securities
-121 -108 -72 -160 -172 -174 -119 -128 -97 -323
Sale and/or Maturity of Investments
- - 11 4.40 - 31 17 2.45 - 0.26
Net Cash From Financing Activities
23 91 -19 50 59 182 -18 49 -20 274
Net Cash From Continuing Financing Activities
23 91 464 457 177 -826 21 73 27 164
Issuance of Debt
319 396 244 131 59 137 20 12 23 9.71
Issuance of Common Equity
1.13 0.24 106 178 167 241 49 113 92 463
Repayment of Debt
-245 -233 175 203 7.08 -1,146 20 9.23 -27 -240
Payment of Dividends
-48 -54 -55 -55 -57 -59 -61 -61 -62 -69
Other Financing Activities, Net
-3.86 -19 -5.22 -0.13 -0.11 -0.37 -6.21 -0.12 -0.10 -0.24
Cash Interest Paid
9.74 16 7.76 17 5.87 16 3.79 15 3.66 15

Annual Balance Sheets for EastGroup Properties

This table presents EastGroup Properties' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Total Assets
1,662 1,826 1,953 2,132 2,546 2,721 3,215 4,036 4,519 5,077
Cash and Due from Banks
0.05 0.52 0.02 0.37 0.22 0.02 4.39 0.06 40 18
Trading Account Securities
8.00 7.68 8.03 7.87 7.81 7.45 7.32 7.23 7.54 7.45
Loans and Leases, Net of Allowance
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Premises and Equipment, Net
2,877 1,713 1,829 2,002 2,393 2,564 3,016 3,784 4,219 4,762
Other Assets
92 105 116 121 145 150 188 245 252 290
Total Liabilities & Shareholders' Equity
1,662 1,826 1,953 2,132 2,546 2,721 3,215 4,036 4,519 5,077
Total Liabilities
1,103 1,184 1,202 1,227 1,344 1,450 1,644 2,082 1,911 1,785
Short-Term Debt
- - - - - - - 168 -1.52 -3.60
Other Short-Term Payables
44 53 65 87 92 70 110 137 146 147
Long-Term Debt
1,028 1,101 1,108 1,106 1,183 1,311 1,452 1,693 1,676 1,507
Other Long-Term Liabilities
31 30 29 35 69 70 82 84 89 134
Total Equity & Noncontrolling Interests
559 642 751 905 1,202 1,271 1,571 1,953 2,609 3,293
Total Preferred & Common Equity
555 638 749 903 1,201 1,270 1,570 1,953 2,608 3,292
Total Common Equity
555 638 749 903 1,201 1,270 1,570 1,953 2,608 3,292
Common Stock
887 949 1,061 1,223 1,514 1,610 1,887 2,252 2,950 3,673
Accumulated Other Comprehensive Income / (Loss)
-3.46 2.00 5.35 6.70 2.81 -11 1.30 36 25 22
Other Equity Adjustments
-329 -314 -317 -326 -316 -330 -318 -335 -366 -403
Noncontrolling Interest
4.34 4.21 1.66 1.64 1.77 0.88 1.39 0.44 0.31 0.37

Quarterly Balance Sheets for EastGroup Properties

This table presents EastGroup Properties' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024
Total Assets
3,962 4,080 4,204 4,355 4,577 4,715 4,754
Cash and Due from Banks
4.85 9.39 - 0.37 16 39 17
Trading Account Securities
7.67 7.51 7.79 7.26 7.82 7.39 7.17
Loans and Leases, Net of Allowance
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Premises and Equipment, Net
3,709 3,824 3,941 -694 4,298 4,396 4,462
Other Assets
241 239 255 5,041 255 272 268
Total Liabilities & Shareholders' Equity
3,962 4,080 4,204 4,355 4,577 4,715 4,754
Total Liabilities
1,972 2,044 1,990 1,976 1,918 1,948 1,921
Short-Term Debt
- - - - -1.28 -4.10 -3.85
Other Short-Term Payables
191 158 179 218 155 189 205
Long-Term Debt
1,698 1,798 1,728 1,676 1,677 1,677 1,627
Other Long-Term Liabilities
83 89 86 83 87 86 93
Total Equity & Noncontrolling Interests
1,990 2,036 2,214 2,379 2,659 2,767 2,833
Total Preferred & Common Equity
1,989 2,036 2,213 2,379 2,659 2,767 2,832
Total Common Equity
1,989 2,036 2,572 2,379 2,659 2,767 2,832
Common Stock
2,267 2,355 2,536 2,706 2,997 3,113 3,208
Accumulated Other Comprehensive Income / (Loss)
41 26 36 42 31 30 14
Other Equity Adjustments
-319 -346 0.00 -369 -369 -376 -389
Noncontrolling Interest
1.29 0.42 0.34 0.30 0.32 0.26 0.25

Annual Metrics and Ratios for EastGroup Properties

This table displays calculated financial ratios and metrics derived from EastGroup Properties' official financial filings.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Growth Metrics
- - - - - - - - - -
Revenue Growth
6.90% 7.68% 8.34% 9.57% 10.32% 9.55% 12.80% 18.94% 11.49% 12.86%
EBITDA Growth
5.73% 8.50% 8.33% 11.83% 10.50% 10.53% 29.54% 19.05% -1.48% 12.27%
EBIT Growth
7.15% 10.51% 8.95% 14.03% 7.38% 10.00% 47.98% 17.82% -10.29% 13.59%
NOPAT Growth
7.15% 10.51% -100.00% 0.00% 7.38% 10.00% 47.98% 17.82% -10.29% 13.59%
Net Income Growth
-0.15% 98.55% -13.01% 6.04% 39.15% -12.12% 45.43% 18.17% 7.66% 13.59%
EPS Growth
-1.97% 96.64% -16.72% 2.05% 30.12% -14.81% 41.30% 11.79% 1.38% 5.43%
Operating Cash Flow Growth
11.90% 6.78% 11.63% 6.27% 18.93% 0.19% 30.67% 23.40% 6.86% 23.18%
Free Cash Flow Firm Growth
103.29% -9,348.59% -69.12% 63.41% -506.44% 73.53% -269.33% -125.48% 52.90% -6.39%
Invested Capital Growth
5.19% 9.83% 6.67% 8.13% 18.62% 8.24% 17.12% 26.20% 12.27% 11.97%
Revenue Q/Q Growth
1.63% 0.00% 0.00% 5.06% 0.22% 1.71% 5.92% 5.20% -1.13% 2.18%
EBITDA Q/Q Growth
0.77% 115.56% 117.63% 6.71% -1.14% 2.53% 22.33% 5.66% -13.10% 3.39%
EBIT Q/Q Growth
0.56% 0.00% 0.00% 10.28% -4.91% 2.43% 41.19% 6.09% -23.24% 4.24%
NOPAT Q/Q Growth
0.56% 0.00% 0.00% 3,249.46% -4.91% 2.43% 41.19% 6.09% -23.24% 4.24%
Net Income Q/Q Growth
-2.57% 0.00% 0.00% 193.26% -16.74% -11.50% 28.24% -15.14% 14.10% -2.07%
EPS Q/Q Growth
-2.61% 0.00% 0.00% -0.80% 32.24% -11.25% 26.62% -17.11% 12.76% -3.92%
Operating Cash Flow Q/Q Growth
5.14% 3.29% 0.26% -5.49% 1.28% -4.17% -0.52% 8.44% -0.54% 3.94%
Free Cash Flow Firm Q/Q Growth
-96.52% 17.90% 33.11% 72.09% -78.10% 37.58% -51.60% 21.15% -152.05% -56.57%
Invested Capital Q/Q Growth
3.01% 7.31% 3.41% 2.90% 7.37% 5.12% 9.68% 3.45% 5.62% 7.64%
Profitability Metrics
- - - - - - - - - -
EBITDA Margin
64.83% 65.33% 65.32% 66.67% 66.78% 67.38% 77.38% 77.45% 68.44% 68.08%
EBIT Margin
33.64% 34.53% 34.72% 36.14% 35.18% 35.32% 46.34% 45.90% 36.93% 37.17%
Profit (Net Income) Margin
20.59% 37.97% 30.49% 29.51% 37.22% 29.86% 38.50% 38.25% 36.93% 37.17%
Tax Burden Percent
61.22% 109.98% 0.00% 81.65% 105.81% 84.53% 83.08% 83.32% 100.00% 100.00%
Interest Burden Percent
100.00% 100.00% 0.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)
5.11% 5.25% 0.00% 5.61% 5.30% 5.16% 6.77% 6.54% 4.95% 5.02%
ROIC Less NNEP Spread (ROIC-NNEP)
1.98% 6.07% 7.57% 3.81% 5.90% 3.57% 4.45% 4.29% 4.95% 5.02%
Return on Net Nonoperating Assets (RNNOA)
3.42% 10.75% 12.00% 5.10% 6.40% 3.60% 4.32% 4.03% 3.84% 2.70%
Return on Equity (ROE)
8.53% 16.00% 12.00% 10.71% 11.71% 8.77% 11.09% 10.57% 8.79% 7.72%
Cash Return on Invested Capital (CROIC)
0.05% -4.13% -6.45% -2.20% -11.73% -2.75% -9.00% -16.62% -6.61% -6.27%
Operating Return on Assets (OROA)
4.88% 5.01% 5.04% 5.32% 4.98% 4.87% 6.39% 6.17% 4.69% 4.75%
Return on Assets (ROA)
2.99% 5.51% 4.42% 4.34% 5.27% 4.12% 5.31% 5.14% 4.69% 4.75%
Return on Common Equity (ROCE)
8.46% 15.89% 11.95% 10.68% 11.69% 8.76% 11.08% 10.56% 8.79% 7.72%
Return on Equity Simple (ROE_SIMPLE)
8.72% 15.07% 11.15% 9.82% 10.27% 8.54% 10.04% 9.54% 7.69% 6.92%
Net Operating Profit after Tax (NOPAT)
79 87 0.00 109 117 128 190 224 201 228
NOPAT Margin
33.64% 34.53% 0.00% 36.14% 35.18% 35.32% 46.34% 45.90% 36.93% 37.17%
Net Nonoperating Expense Percent (NNEP)
3.13% -0.82% -7.57% 1.80% -0.59% 1.59% 2.32% 2.25% 0.00% 0.00%
SG&A Expenses to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 28.10% 27.50% 28.37% 28.43%
Operating Expenses to Revenue
66.36% 65.47% 65.28% 63.86% 64.82% 64.68% 53.66% 54.10% 63.07% 62.83%
Earnings before Interest and Taxes (EBIT)
79 87 95 109 117 128 190 224 201 228
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
152 165 179 200 221 245 317 377 372 417
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
0.00 0.00 0.00 0.00 3.76 3.91 5.48 3.11 3.16 2.41
Price to Tangible Book Value (P/TBV)
0.00 0.00 0.00 0.00 3.76 3.91 5.48 3.11 3.16 2.41
Price to Revenue (P/Rev)
0.00 0.00 0.00 0.00 13.64 13.69 21.02 12.47 15.18 12.96
Price to Earnings (P/E)
0.00 0.00 0.00 0.00 37.15 45.86 54.64 32.61 41.12 34.89
Dividend Yield
5.36% 4.05% 3.40% 3.43% 2.50% 2.45% 1.69% 3.37% 2.83% 3.33%
Earnings Yield
0.00% 0.00% 0.00% 0.00% 2.69% 2.18% 1.83% 3.07% 2.43% 2.87%
Enterprise Value to Invested Capital (EV/IC)
0.00 0.00 0.00 0.00 2.39 2.43 3.33 2.08 2.31 1.97
Enterprise Value to Revenue (EV/Rev)
0.00 0.00 0.00 0.00 17.21 17.30 24.56 16.29 18.19 15.39
Enterprise Value to EBITDA (EV/EBITDA)
0.00 0.00 0.00 0.00 25.78 25.68 31.74 21.03 26.58 22.61
Enterprise Value to EBIT (EV/EBIT)
0.00 0.00 0.00 0.00 48.93 48.98 53.00 35.49 49.26 41.40
Enterprise Value to NOPAT (EV/NOPAT)
0.00 0.00 0.00 0.00 48.93 48.98 53.00 35.49 49.26 41.40
Enterprise Value to Operating Cash Flow (EV/OCF)
0.00 0.00 0.00 0.00 29.11 32.00 39.21 25.07 29.21 22.64
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
1.84 1.72 1.48 1.22 0.98 1.03 0.92 0.95 0.64 0.46
Long-Term Debt to Equity
1.84 1.72 1.48 1.22 0.98 1.03 0.92 0.87 0.64 0.46
Financial Leverage
1.73 1.77 1.59 1.34 1.09 1.01 0.97 0.94 0.78 0.54
Leverage Ratio
2.85 2.90 2.71 2.47 2.22 2.13 2.09 2.06 1.88 1.63
Compound Leverage Factor
2.85 2.90 0.00 2.47 2.22 2.13 2.09 2.06 1.88 1.63
Debt to Total Capital
64.77% 63.18% 59.60% 55.00% 49.59% 50.78% 48.02% 48.80% 39.10% 31.35%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 4.42% -0.04% -0.08%
Long-Term Debt to Total Capital
64.77% 63.18% 59.60% 55.00% 49.59% 50.78% 48.02% 44.38% 39.14% 31.42%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.27% 0.24% 0.09% 0.08% 0.07% 0.03% 0.05% 0.01% 0.01% 0.01%
Common Equity to Total Capital
34.96% 36.58% 40.31% 44.92% 50.34% 49.18% 51.93% 51.19% 60.89% 68.64%
Debt to EBITDA
6.75 6.66 6.19 5.52 5.34 5.36 4.58 4.94 4.51 3.60
Net Debt to EBITDA
6.75 6.66 6.19 5.52 5.34 5.36 4.57 4.94 4.40 3.56
Long-Term Debt to EBITDA
6.75 6.66 6.19 5.52 5.34 5.36 4.58 4.49 4.51 3.61
Debt to NOPAT
13.00 12.61 0.00 10.19 10.14 10.22 7.65 8.33 8.35 6.60
Net Debt to NOPAT
13.00 12.60 0.00 10.18 10.14 10.22 7.63 8.33 8.15 6.52
Long-Term Debt to NOPAT
13.00 12.61 0.00 10.19 10.14 10.22 7.65 7.57 8.36 6.62
Noncontrolling Interest Sharing Ratio
0.78% 0.71% 0.42% 0.20% 0.16% 0.11% 0.08% 0.05% 0.02% 0.01%
Liquidity Ratios
- - - - - - - - - -
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
0.74 -69 -116 -43 -258 -68 -252 -568 -268 -285
Operating Cash Flow to CapEx
518.91% 583.24% 566.05% 439.26% 518.63% 592.45% 699.56% 774.77% 534.46% 989.09%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -5.58 -7.31
Operating Cash Flow to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 7.05 10.69
Operating Cash Flow Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 5.73 9.61
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
0.15 0.15 0.15 0.15 0.14 0.14 0.14 0.13 0.13 0.13
Fixed Asset Turnover
0.11 0.11 0.15 0.16 0.15 0.15 0.15 0.14 0.14 0.14
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
1,587 1,743 1,859 2,010 2,385 2,581 3,023 3,815 4,283 4,796
Invested Capital Turnover
0.15 0.15 0.15 0.16 0.15 0.15 0.15 0.14 0.13 0.14
Increase / (Decrease) in Invested Capital
78 156 116 151 374 196 442 792 468 513
Enterprise Value (EV)
0.00 0.00 0.00 0.00 5,704 6,281 10,058 7,934 9,879 9,432
Market Capitalization
0.00 0.00 0.00 0.00 4,520 4,969 8,609 6,072 8,244 7,945
Book Value per Share
$17.29 $19.58 $22.05 $25.48 $31.26 $32.10 $38.59 $44.82 $56.30 $66.50
Tangible Book Value per Share
$17.29 $19.58 $22.05 $25.48 $31.26 $32.10 $38.59 $44.82 $56.30 $66.50
Total Capital
1,587 1,743 1,859 2,010 2,385 2,581 3,023 3,815 4,283 4,796
Total Debt
1,028 1,101 1,108 1,106 1,183 1,311 1,452 1,862 1,675 1,504
Total Long-Term Debt
1,028 1,101 1,108 1,106 1,183 1,311 1,452 1,693 1,676 1,507
Net Debt
1,028 1,101 1,108 1,105 1,182 1,311 1,447 1,862 1,635 1,486
Capital Expenditures (CapEx)
25 24 27 38 38 33 37 41 63 42
Net Nonoperating Expense (NNE)
31 -8.72 -84 20 -6.77 20 32 37 0.00 0.00
Net Nonoperating Obligations (NNO)
1,028 1,101 1,108 1,106 1,183 1,311 1,452 1,862 1,675 1,504
Total Depreciation and Amortization (D&A)
73 78 84 92 105 116 127 154 171 189
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
$1.49 $2.93 $2.45 $2.50 $3.25 $2.77 $3.91 $4.37 $4.43 $4.67
Adjusted Weighted Average Basic Shares Outstanding
32.09M 32.56M 34.00M 35.44M 37.44M 39.19M 40.26M 42.60M 45.22M 48.80M
Adjusted Diluted Earnings per Share
$1.49 $2.93 $2.44 $2.49 $3.24 $2.76 $3.90 $4.36 $4.42 $4.66
Adjusted Weighted Average Diluted Shares Outstanding
32.20M 32.63M 34.05M 35.51M 37.53M 39.30M 40.38M 42.71M 45.33M 48.91M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
32.38M 33.31M 34.74M 36.48M 38.90M 39.66M 41.25M 43.55M 47.96M 52.02M
Normalized Net Operating Profit after Tax (NOPAT)
55 61 0.00 76 82 90 106 128 140 159
Normalized NOPAT Margin
23.60% 24.21% 0.00% 25.30% 24.62% 24.73% 25.80% 26.24% 25.85% 26.02%
Pre Tax Income Margin
33.64% 34.53% 0.00% 36.14% 35.18% 35.32% 46.34% 45.90% 36.93% 37.17%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4.18 5.85
NOPAT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4.18 5.85
EBIT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2.86 4.77
NOPAT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2.86 4.77
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
156.18% 83.94% 103.48% 80.19% 88.04% 110.49% 83.58% 104.11% 112.50% 110.97%
Augmented Payout Ratio
156.18% 83.94% 103.48% 80.19% 88.04% 110.49% 83.58% 104.11% 112.50% 110.97%

Quarterly Metrics and Ratios for EastGroup Properties

This table displays calculated financial ratios and metrics derived from EastGroup Properties' official financial filings.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Growth Metrics
- - - - - - - - - -
Revenue Growth
10.79% 20.82% 19.52% 8.02% 26.44% -4.46% 13.82% 24.23% 4.82% 9.81%
EBITDA Growth
7.73% 16.69% 26.97% 5.01% 33.19% -39.64% 5.62% 28.59% 1.83% 16.04%
EBIT Growth
-3.86% 14.59% 39.45% -1.67% 59.30% -60.24% 2.39% 48.66% -7.58% 23.14%
NOPAT Growth
-3.86% 14.59% 39.45% -1.67% 59.30% -60.24% 2.39% 48.66% -7.58% 23.14%
Net Income Growth
22.81% -46.20% -29.72% -5.85% 29.33% 64.05% 31.21% 27.23% 12.85% -7.59%
EPS Growth
14.47% -51.14% -33.77% -11.01% 22.99% 58.14% 19.61% 17.53% 5.61% -13.97%
Operating Cash Flow Growth
0.64% 160.67% 13.61% -9.13% 20.84% -4.62% 25.08% 44.00% 1.33% 41.44%
Free Cash Flow Firm Growth
-241.68% -95.31% -28.86% 67.05% 65.58% 38.05% 30.69% -50.12% -12.19% -8.20%
Invested Capital Growth
33.80% 26.20% 22.14% 9.20% 9.96% 12.27% 13.06% 12.63% 9.87% 11.97%
Revenue Q/Q Growth
-2.25% 20.47% -3.28% -5.16% 14.42% -8.97% 6.24% 3.51% -3.46% -4.63%
EBITDA Q/Q Growth
-6.00% 84.12% -30.45% -12.76% 19.22% -16.56% 7.48% 6.21% -5.59% -4.91%
EBIT Q/Q Growth
-15.19% 168.82% -43.16% -24.13% 37.41% -32.91% 14.22% 10.16% -14.58% -10.61%
NOPAT Q/Q Growth
-15.19% 168.82% -43.16% -24.13% 37.41% -32.91% 14.22% 10.16% -14.58% -10.61%
Net Income Q/Q Growth
-18.08% 2.30% 15.55% -2.77% 12.53% 29.77% -7.58% -5.72% -0.19% 6.27%
EPS Q/Q Growth
-20.18% -1.15% 18.60% -4.90% 10.31% 27.10% -10.29% -6.56% -0.88% 3.54%
Operating Cash Flow Q/Q Growth
6.93% -60.21% 133.94% -8.71% 42.20% -68.59% 206.80% 5.10% 0.06% -56.16%
Free Cash Flow Firm Q/Q Growth
-2.07% 22.69% 7.72% 54.74% -6.62% -39.14% -6.02% 1.97% 20.32% -34.19%
Invested Capital Q/Q Growth
2.17% 3.45% 0.49% 2.81% 2.88% 5.62% 1.20% 2.42% 0.37% 7.64%
Profitability Metrics
- - - - - - - - - -
EBITDA Margin
66.24% 101.24% 72.80% 66.97% 69.78% 63.97% 67.56% 69.32% 67.79% 67.59%
EBIT Margin
32.35% 72.19% 42.43% 33.94% 40.76% 30.04% 38.17% 40.62% 35.94% 33.69%
Profit (Net Income) Margin
32.63% 27.71% 33.11% 33.94% 33.38% 47.59% 38.17% 34.76% 35.94% 40.05%
Tax Burden Percent
100.87% 38.39% 78.03% 100.00% 81.89% 158.40% 100.00% 85.59% 100.00% 118.88%
Interest Burden Percent
100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)
4.65% 10.28% 6.20% 4.66% 5.78% 4.03% 5.25% 5.74% 5.06% 4.55%
ROIC Less NNEP Spread (ROIC-NNEP)
4.67% 6.53% 5.42% 4.66% 5.14% 5.35% 5.25% 5.20% 5.06% 5.13%
Return on Net Nonoperating Assets (RNNOA)
4.16% 6.14% 4.77% 3.72% 3.97% 4.15% 3.88% 3.55% 3.21% 2.76%
Return on Equity (ROE)
8.80% 16.43% 10.96% 8.38% 9.75% 8.18% 9.13% 9.29% 8.27% 7.31%
Cash Return on Invested Capital (CROIC)
-22.37% -16.62% -13.06% -2.47% -2.74% -6.61% -7.31% -6.56% -4.28% -6.27%
Operating Return on Assets (OROA)
4.31% 9.70% 5.82% 4.37% 5.38% 3.81% 4.95% 5.40% 4.73% 4.30%
Return on Assets (ROA)
4.35% 3.72% 4.54% 4.37% 4.41% 6.04% 4.95% 4.62% 4.73% 5.11%
Return on Common Equity (ROCE)
8.80% 16.42% 10.96% 9.10% 9.75% 8.18% 9.13% 9.96% 8.27% 7.31%
Return on Equity Simple (ROE_SIMPLE)
11.04% 0.00% 8.22% 7.44% 7.39% 0.00% 8.07% 8.18% 8.21% 0.00%
Net Operating Profit after Tax (NOPAT)
37 101 57 43 60 40 59 65 55 49
NOPAT Margin
32.35% 72.19% 42.43% 33.94% 40.76% 30.04% 38.17% 40.62% 35.94% 33.69%
Net Nonoperating Expense Percent (NNEP)
-0.02% 3.75% 0.77% 0.00% 0.64% -1.32% 0.00% 0.55% 0.00% -0.59%
SG&A Expenses to Revenue
30.23% 0.00% 26.80% 29.49% 27.78% 29.52% 27.98% 27.56% 28.75% 29.49%
Operating Expenses to Revenue
67.65% 27.81% 57.57% 66.06% 59.24% 69.96% 61.83% 59.38% 64.06% 66.31%
Earnings before Interest and Taxes (EBIT)
37 101 57 43 60 40 59 65 55 49
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
77 141 98 86 102 85 104 110 104 99
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
3.00 3.11 3.41 2.91 3.09 3.16 3.11 2.96 3.21 2.41
Price to Tangible Book Value (P/TBV)
3.00 3.11 3.41 2.91 3.09 3.16 3.11 2.96 3.21 2.41
Price to Revenue (P/Rev)
12.88 12.47 13.64 14.44 13.37 15.18 14.72 13.82 15.18 12.96
Price to Earnings (P/E)
27.18 32.61 41.49 45.49 41.79 41.12 38.55 36.19 39.14 34.89
Dividend Yield
3.32% 3.37% 3.04% 2.97% 3.10% 2.83% 2.84% 2.99% 2.79% 3.33%
Earnings Yield
3.68% 3.07% 2.41% 2.20% 2.39% 2.43% 2.59% 2.76% 2.55% 2.87%
Enterprise Value to Invested Capital (EV/IC)
2.08 2.08 2.28 2.34 2.22 2.31 2.29 2.21 2.40 1.97
Enterprise Value to Revenue (EV/Rev)
16.54 16.29 17.15 17.77 16.42 18.19 17.67 16.57 17.86 15.39
Enterprise Value to EBITDA (EV/EBITDA)
21.45 21.03 21.93 22.91 21.09 26.58 26.32 24.46 26.54 22.61
Enterprise Value to EBIT (EV/EBIT)
36.34 35.49 36.41 38.55 34.52 49.26 49.16 44.04 49.01 41.40
Enterprise Value to NOPAT (EV/NOPAT)
36.34 35.49 36.41 38.55 34.52 49.26 49.16 44.04 49.01 41.40
Enterprise Value to Operating Cash Flow (EV/OCF)
26.24 25.07 26.64 28.88 26.52 29.21 27.45 24.61 26.72 22.64
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
0.85 0.95 0.88 0.78 0.70 0.64 0.63 0.60 0.57 0.46
Long-Term Debt to Equity
0.85 0.87 0.88 0.78 0.70 0.64 0.63 0.61 0.57 0.46
Financial Leverage
0.89 0.94 0.88 0.80 0.77 0.78 0.74 0.68 0.63 0.54
Leverage Ratio
2.04 2.06 2.00 1.92 1.90 1.88 1.84 1.79 1.75 1.63
Compound Leverage Factor
2.04 2.06 2.00 1.92 1.90 1.88 1.84 1.79 1.75 1.63
Debt to Total Capital
46.03% 48.80% 46.89% 43.84% 41.33% 39.10% 38.65% 37.68% 36.43% 31.35%
Short-Term Debt to Total Capital
0.00% 4.42% 0.00% 0.00% 0.00% -0.04% -0.03% -0.09% -0.09% -0.08%
Long-Term Debt to Total Capital
46.03% 44.38% 46.89% 43.84% 41.33% 39.14% 38.68% 37.77% 36.51% 31.42%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.03% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01%
Common Equity to Total Capital
53.93% 51.19% 53.10% 65.26% 58.66% 60.89% 61.34% 62.32% 63.57% 68.64%
Debt to EBITDA
4.76 4.94 4.52 4.30 3.92 4.51 4.44 4.16 4.02 3.60
Net Debt to EBITDA
4.74 4.94 4.49 4.30 3.92 4.40 4.40 4.07 3.98 3.56
Long-Term Debt to EBITDA
4.76 4.49 4.52 4.30 3.92 4.51 4.45 4.17 4.03 3.61
Debt to NOPAT
8.06 8.33 7.50 7.23 6.42 8.35 8.30 7.50 7.43 6.60
Net Debt to NOPAT
8.03 8.33 7.46 7.23 6.41 8.15 8.22 7.32 7.35 6.52
Long-Term Debt to NOPAT
8.06 7.57 7.50 7.23 6.42 8.36 8.30 7.52 7.45 6.62
Noncontrolling Interest Sharing Ratio
0.06% 0.05% 0.05% -8.51% 0.04% 0.02% 0.02% -7.19% 0.01% 0.01%
Liquidity Ratios
- - - - - - - - - -
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-894 -691 -638 -289 -308 -428 -442 -433 -345 -463
Operating Cash Flow to CapEx
1,077.24% 407.32% 592.39% 658.52% 907.81% 179.88% 788.32% 613.02% 852.75% 0.00%
Free Cash Flow to Firm to Interest Expense
-91.50 0.00 0.00 -22.95 0.00 -12.09 -43.93 0.00 -34.98 -24.35
Operating Cash Flow to Interest Expense
10.28 0.00 0.00 6.78 0.00 1.08 11.62 0.00 12.45 2.83
Operating Cash Flow Less CapEx to Interest Expense
9.32 0.00 0.00 5.75 0.00 0.48 10.15 0.00 10.99 3.21
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
0.13 0.13 0.14 0.13 0.13 0.13 0.13 0.13 0.13 0.13
Fixed Asset Turnover
0.14 0.14 0.15 0.14 0.00 0.14 0.14 0.14 0.00 0.14
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
3,688 3,815 3,834 3,942 4,055 4,283 4,335 4,440 4,456 4,796
Invested Capital Turnover
0.14 0.14 0.15 0.14 0.14 0.13 0.14 0.14 0.14 0.14
Increase / (Decrease) in Invested Capital
932 792 695 332 367 468 501 498 400 513
Enterprise Value (EV)
7,658 7,934 8,730 9,215 9,019 9,879 9,926 9,823 10,710 9,432
Market Capitalization
5,964 6,072 6,941 7,487 7,343 8,244 8,266 8,189 9,104 7,945
Book Value per Share
$45.65 $44.82 $46.75 $57.92 $52.40 $56.30 $55.56 $57.47 $58.13 $66.50
Tangible Book Value per Share
$45.65 $44.82 $46.75 $57.92 $52.40 $56.30 $55.56 $57.47 $58.13 $66.50
Total Capital
3,688 3,815 3,834 3,942 4,055 4,283 4,335 4,440 4,456 4,796
Total Debt
1,698 1,862 1,798 1,728 1,676 1,675 1,675 1,673 1,623 1,504
Total Long-Term Debt
1,698 1,693 1,798 1,728 1,676 1,676 1,677 1,677 1,627 1,507
Net Debt
1,693 1,862 1,788 1,728 1,676 1,635 1,660 1,633 1,606 1,486
Capital Expenditures (CapEx)
9.32 9.81 16 13 13 21 15 20 14 -7.17
Net Nonoperating Expense (NNE)
-0.33 62 13 0.00 11 -23 0.00 9.31 0.00 -9.31
Net Nonoperating Obligations (NNO)
1,698 1,862 1,798 1,728 1,676 1,675 1,675 1,673 1,623 1,504
Total Depreciation and Amortization (D&A)
39 41 41 42 43 45 45 46 49 50
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
$0.87 $0.87 $1.02 $0.97 $1.07 $1.37 $1.23 $1.15 $1.13 $1.16
Adjusted Weighted Average Basic Shares Outstanding
43.47M 42.60M 43.75M 44.66M 45.66M 45.22M 47.86M 48.25M 48.86M 48.80M
Adjusted Diluted Earnings per Share
$0.87 $0.86 $1.02 $0.97 $1.07 $1.36 $1.22 $1.14 $1.13 $1.17
Adjusted Weighted Average Diluted Shares Outstanding
43.58M 42.71M 43.82M 44.73M 45.79M 45.33M 47.96M 48.35M 49.00M 48.91M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
43.57M 43.55M 44.41M 45.40M 46.33M 47.96M 48.14M 48.73M 49.51M 52.02M
Normalized Net Operating Profit after Tax (NOPAT)
26 71 37 30 42 28 41 45 39 35
Normalized NOPAT Margin
22.65% 50.53% 27.21% 23.76% 28.53% 21.03% 26.72% 28.43% 25.16% 23.58%
Pre Tax Income Margin
32.35% 72.19% 42.43% 33.94% 40.76% 30.04% 38.17% 40.62% 35.94% 33.69%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
3.84 0.00 0.00 3.46 0.00 1.13 5.83 0.00 5.59 2.59
NOPAT to Interest Expense
3.84 0.00 0.00 3.46 0.00 1.13 5.83 0.00 5.59 2.59
EBIT Less CapEx to Interest Expense
2.88 0.00 0.00 2.43 0.00 0.53 4.36 0.00 4.13 2.97
NOPAT Less CapEx to Interest Expense
2.88 0.00 0.00 2.43 0.00 0.53 4.36 0.00 4.13 2.97
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
80.24% 104.11% 121.33% 129.08% 125.90% 112.50% 108.11% 104.95% 104.33% 110.97%
Augmented Payout Ratio
80.24% 104.11% 121.33% 129.08% 125.90% 112.50% 108.11% 104.95% 104.33% 110.97%

Frequently Asked Questions About EastGroup Properties' Financials

When does EastGroup Properties's fiscal year end?

According to the most recent income statement we have on file, EastGroup Properties' financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has EastGroup Properties' net income changed over the last 9 years?

EastGroup Properties' net income appears to be on an upward trend, with a most recent value of $227.81 million in 2024, rising from $48.40 million in 2015. The previous period was $200.55 million in 2023.

How has EastGroup Properties revenue changed over the last 9 years?

Over the last 9 years, EastGroup Properties' total revenue changed from $235.01 million in 2015 to $612.83 million in 2024, a change of 160.8%.

How much debt does EastGroup Properties have?

EastGroup Properties' total liabilities were at $1.78 billion at the end of 2024, a 6.6% decrease from 2023, and a 61.9% increase since 2015.

How much cash does EastGroup Properties have?

In the past 9 years, EastGroup Properties' cash and equivalents has ranged from $16 thousand in 2017 to $40.26 million in 2023, and is currently $17.53 million as of their latest financial filing in 2024.

How has EastGroup Properties' book value per share changed over the last 9 years?

Over the last 9 years, EastGroup Properties' book value per share changed from 17.29 in 2015 to 66.50 in 2024, a change of 284.6%.

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This page (NYSE:EGP) was last updated on 4/14/2025 by MarketBeat.com Staff
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