EastGroup Properties (EGP) | Financial Analysis & Statements

EastGroup Properties Inc. | Mid-cap | Real Estate

$169.88

0.01%

| EastGroup Properties Stock Comparison:

EastGroup Properties vs Prologis EastGroup Properties vs Public Storage EastGroup Properties vs CubeSmart EastGroup Properties vs Rexford Industrial EastGroup Properties vs Stag Industrial EastGroup Properties vs S&P 500 | Market

Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 640.2M

Gross Profit 466.0M 72.79%

Operating Income 255.2M 39.86%

Net Income 227.8M 35.58%

EPS (Diluted) $4.66

Balance Sheet Metrics

Total Assets 5.1B

Total Liabilities 1.8B

Shareholders Equity 3.3B

Debt to Equity 0.54

Cash Flow Metrics

Operating Cash Flow 425.7M

Free Cash Flow 416.6M

Revenue & Profitability Trend

EastGroup Properties Income Statement From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Revenue	640.2M	570.6M	487.0M	409.5M	363.0M
Cost of Goods Sold	174.2M	154.0M	133.9M	115.1M	103.4M
Gross Profit	466.0M	416.6M	353.1M	294.4M	259.7M
Operating Expenses	21.4M	17.3M	16.9M	16.4M	15.1M
Operating Income	255.2M	228.1M	182.6M	150.9M	128.2M
Pre-tax Income	227.8M	200.5M	186.3M	157.6M	108.4M
Income Tax	-	-	-	-	-
Net Income	227.8M	200.5M	186.3M	157.6M	108.4M
EPS (Diluted)	$4.66	$4.42	$4.36	$3.90	$2.76

Income Statement Trend

EastGroup Properties Balance Sheet From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Assets
Current Assets	125.0M	132.0M	79.1M	88.5M	73.8M
Non-Current Assets	5.0B	4.4B	4.0B	3.1B	2.6B
Total Assets	5.1B	4.5B	4.0B	3.2B	2.7B
Liabilities
Current Liabilities	168.6M	164.9M	322.4M	333.2M	208.5M
Non-Current Liabilities	1.6B	1.7B	1.8B	1.3B	1.2B
Total Liabilities	1.8B	1.9B	2.1B	1.6B	1.5B
Equity
Total Shareholders Equity	3.3B	2.6B	2.0B	1.6B	1.3B

Balance Sheet Composition

EastGroup Properties Cash Flow Statement From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Operating Activities
Net Income	227.8M	200.5M	186.3M	157.6M	108.4M
Operating Cash Flow	425.7M	356.6M	357.5M	308.6M	190.6M
Investing Activities
Capital Expenditures	-	-	-	-33.3M	-17.5M
Investing Cash Flow	-47.7M	-7.2M	-35.2M	-43.2M	-49.6M
Financing Activities
Dividends Paid	-252.8M	-225.6M	-193.9M	-131.8M	-119.8M
Financing Cash Flow	220.1M	-369.6M	-781.1M	-264.2M	-521.3M
Free Cash Flow	416.6M	338.2M	316.5M	256.5M	196.3M

Cash Flow Trend

EastGroup Properties Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 37.49

Forward P/E 35.62

Price to Book 2.68

Price to Sales 13.72

PEG Ratio 35.62

Profitability Ratios

Profit Margin 34.79%

Operating Margin 37.75%

Return on Equity 7.61%

Return on Assets 3.35%

Financial Health

Current Ratio 0.56

Debt to Equity 44.73

Beta 1.04

Per Share Data

EPS (TTM) $4.58

Book Value per Share $64.09

Revenue per Share $13.19

Peer Financial Comparison

Company	Market Cap	P/E Ratio	P/B Ratio	ROE	Profit Margin	Debt/Equity
egp	9.0B	37.49	2.68	7.61%	34.79%	44.73
Prologis	99.4B	26.72	1.86	6.83%	42.81%	56.64
Public Storage	51.7B	29.27	9.91	20.12%	41.59%	97.46
CubeSmart	9.7B	25.07	3.40	13.34%	35.73%	117.53
Rexford Industrial	9.1B	30.21	1.01	3.36%	29.10%	36.59
Stag Industrial	7.0B	27.71	1.98	7.15%	31.07%	86.58

Financial data is updated regularly. All figures are in the company's reporting currency.