EastGroup Properties (EGP) financial statements
EastGroup Properties reported revenue of $721M in fiscal 2025, up 12.3% a year over 9 years.
Net income was $257M and the operating margin 39.9%, against 34.5% in 2016.
Free cash flow was $405M.
The diluted share count rose 62% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from EastGroup Properties's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $253M | $274M | $300M | $331M | $363M | $409M | $487M | $571M | $640M | $721M |
| Selling, general and admin | $13M | $15M | $14M | $16M | $14M | $16M | $16M | $17M | $21M | $24M |
| Operating income | $87M | $95M | $109M | $117M | $128M | $151M | $183M | $228M | $255M | $288M |
| Interest expense | $35M | $35M | $35M | $34M | $34M | $33M | $38M | $48M | $39M | $32M |
| Net income | $96M | $83M | $89M | $122M | $108M | $158M | $186M | $200M | $228M | $257M |
| EPS (diluted) | $2.93 | $2.44 | $2.49 | $3.24 | $2.76 | $3.90 | $4.36 | $4.42 | $4.66 | $4.87 |
| Diluted shares | 33M | 34M | 36M | 38M | 39M | 40M | 43M | 45M | 49M | 53M |
| Operating margin | 34.5% | 34.7% | 36.1% | 35.2% | 35.3% | 36.9% | 37.5% | 40.0% | 39.9% | 39.9% |
| Net margin | 37.7% | 30.3% | 29.5% | 36.7% | 29.9% | 38.5% | 38.2% | 35.1% | 35.6% | 35.7% |
Balance sheet
Fiscal years, from EastGroup Properties's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $522,000 | $16,000 | $374,000 | $224,000 | $21,000 | $4M | $56,000 | $40M | $18M | $1M |
| Goodwill | $990,000 | $990,000 | $990,000 | $990,000 | $990,000 | $990,000 | $990,000 | $990,000 | $990,000 | $990,000 |
| Total assets | $1.8B | $2.0B | $2.1B | $2.5B | $2.7B | $3.2B | $4.0B | $4.5B | $5.1B | $5.4B |
| Total liabilities | $1.2B | $1.2B | $1.2B | $1.3B | $1.5B | $1.6B | $2.1B | $1.9B | $1.8B | $1.9B |
| Shareholders' equity | $638M | $749M | $903M | $1.2B | $1.3B | $1.6B | $2.0B | $2.6B | $3.3B | $3.5B |
| Net debt | -$522,000 | -$16,000 | -$374,000 | -$224,000 | -$21,000 | -$4M | -$56,000 | -$40M | -$18M | -$1M |
Cash flow
Fiscal years, from EastGroup Properties's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $139M | $155M | $165M | $196M | $196M | $256M | $317M | $338M | $417M | $481M |
| Capital spending | $24M | $27M | $38M | $38M | $33M | $37M | $41M | $51M | $59M | $76M |
| Free cash flow | $115M | $128M | $127M | $158M | $163M | $220M | $276M | $287M | $357M | $405M |
| Stock-based compensation | $5M | $6M | $5M | $7M | $7M | $8M | $8M | $9M | $10M | $12M |
| Free cash flow margin | 45.5% | 46.6% | 42.4% | 47.7% | 44.9% | 53.7% | 56.6% | 50.3% | 55.8% | 56.1% |
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Open EGP in InvestinglyQuestions
What was EastGroup Properties's revenue in 2025?
$721M in fiscal 2025, from its 10-K filing.
How much free cash flow does EastGroup Properties generate?
$405M in fiscal 2025 (operating cash flow minus capital spending).
From EastGroup Properties's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.