EastGroup Properties, Inc.
EastGroup Properties, Inc. (EGP) Financial Performance & Income Statement Overview
Analyze EastGroup Properties, Inc. (EGP) financial statements (income, balance sheet, and cash flow) across both yearly and quarterly periods.
EastGroup Properties, Inc. (EGP) Income Statement & Financial Overview
Explore comprehensive income reports for EastGroup Properties, Inc. EGP, broken down by year and quarter.
| Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| Revenue | $174.45M | $164.04M | $162.88M | $159.74M |
| Cost of Revenue | $46.76M | $43.20M | $44.16M | $89.51M |
| Gross Profit | $127.69M | $120.85M | $118.71M | $70.22M |
| Gross Profit Ratio | $0.73 | $0.74 | $0.73 | $0.44 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $8.22M | $4.27M | $5.31M | $4.96M |
| Operating Expenses | $60.74M | $53.93M | $54.23M | $50.62M |
| Total Costs & Expenses | $107.50M | $97.13M | $99.51M | $95.12M |
| Interest Income | -$710000.00 | -$727000.00 | -$737000.00 | $9.83M |
| Interest Expense | $7.32M | $8.46M | $9.13M | $0.00 |
| Depreciation & Amortization | $52.52M | $49.66M | $48.92M | $45.66M |
| EBITDA | $119.47M | $116.78M | $113.40M | $110.06M |
| EBITDA Ratio | $0.68 | $0.71 | $0.70 | $0.69 |
| Operating Income | $66.95M | $66.92M | $64.48M | $64.61M |
| Operating Income Ratio | $0.38 | $0.41 | $0.40 | $0.40 |
| Other Income/Expenses (Net) | -$7.51M | -$8.26M | -$9.29M | -$9.31M |
| Income Before Tax | $59.44M | $58.65M | $55.19M | $55.30M |
| Income Before Tax Ratio | $0.34 | $0.36 | $0.34 | $0.35 |
| Income Tax Expense | $0.00 | -$28001.00 | $0.00 | $14001.00 |
| Net Income | $59.42M | $58.64M | $55.18M | $55.29M |
| Net Income Ratio | $0.34 | $0.36 | $0.34 | $0.35 |
| EPS | $1.14 | $1.20 | $1.13 | $1.15 |
| Diluted EPS | $1.14 | $1.20 | $1.13 | $1.14 |
| Weighted Avg Shares Outstanding | $51.97M | $48.80M | $48.86M | $48.25M |
| Weighted Avg Shares Outstanding (Diluted) | $52.03M | $48.91M | $49.00M | $48.34M |
Financial performance has remained strong, with revenue growing from $159.74M in Q2 2024 to $174.45M in Q1 2025. Gross profit continued to perform well, with margins at 73% in the latest quarter. Operating income reached $66.95M in Q1 2025, holding a steady 38% margin. While R&D and SG&A expenses fluctuated, EBITDA remained robust at $119.47M. Net income rose to $59.42M, keeping EPS at $1.14. With disciplined cost control and operational efficiency, the company supported consistent profitability, reflecting its ability to deliver stable shareholder value.
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