Eastgroup Properties Inc income statement
In fiscal 2025, Eastgroup Properties Inc reported revenue of $721m, up 12.7% on the year before and net income of $257m, or $4.87 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 172 | 172 | 173 | 186 | 202 | 220 | 235 | 253 | 274 | 300 | 331 | 363 | 409 | 487 | 571 | 640 | 721 | 770 |
| General and administrative | 9 | 10 | 11 | 10 | 12 | 13 | 15 | 13 | 15 | 14 | 16 | 14 | 16 | 16 | 17 | 21 | 24 | 26 |
| Operating income | 59 | 53 | 57 | 61 | 67 | 74 | 79 | 87 | 95 | 109 | — | — | — | — | — | — | — | — |
| Interest expense | 33 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 34 | 34 | 33 | 38 | 48 | 39 | 32 | 36 |
| Net income | 27 | 18 | 22 | 32 | 33 | 48 | 48 | 96 | 83 | 89 | 122 | 108 | 158 | 186 | 200 | 228 | 257 | 316 |
| Diluted EPS | $1.04 | $0.68 | $0.83 | $1.13 | $1.08 | $1.52 | $1.49 | $2.93 | $2.44 | $2.49 | $3.24 | $2.76 | $3.90 | $4.36 | $4.42 | $4.66 | $4.87 | $5.90 |
| Diluted shares (average) | 26m | 27m | 27m | 29m | 30m | 31m | 32m | 33m | 34m | 36m | 38m | 39m | 40m | 43m | 45m | 49m | 53m | 54m |
| EBITDA | 113 | 111 | 113 | 122 | 132 | 144 | 152 | 165 | 179 | 200 | — | — | — | — | — | — | — | — |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 164 | 174 | 177 | 182 | 187 | 190 | 193 | 199 |
| General and administrative | 4 | 8 | 5 | 6 | 5 | 8 | 7 | 6 |
| Interest expense | 9 | 8 | 8 | 8 | 9 | 9 | 9 | 10 |
| Net income | 59 | 59 | 63 | 67 | 68 | 95 | 76 | 78 |
| Diluted EPS | $1.17 | $1.14 | $1.20 | $1.26 | $1.27 | $1.77 | $1.40 | $1.46 |
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