EastGroup Properties, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $721.3M | $640.2M | $570.6M | $487.0M | $409.5M | $363.0M | $331.4M | $300.4M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $24.0M | $20.6M | $16.8M | $16.4M | $15.7M | $14.4M | $16.4M | $13.7M |
| Operating Income | $287.6M | $255.2M | $228.1M | $182.6M | $150.9M | $128.2M | $116.6M | $108.6M |
| Operating Margin | 39.9% | 39.9% | 40.0% | 37.5% | 36.9% | 35.3% | 35.2% | 36.1% |
| Interest Expense | $32.1M | $39.0M | $48.0M | $38.5M | $32.9M | $33.9M | $34.5M | $35.1M |
| Pretax Income | — | — | — | — | — | — | — | — |
| Income Tax Expense | — | — | — | — | — | — | — | — |
| Net Income | $257.5M | $227.8M | $200.5M | $186.3M | $157.6M | $108.4M | $123.3M | $88.6M |
| Net Margin | 35.7% | 35.6% | 35.1% | 38.2% | 38.5% | 29.9% | 37.2% | 29.5% |
| EPS (Basic) | $4.88 | $4.67 | $4.43 | $4.37 | $3.91 | $2.77 | $3.25 | $2.50 |
| EPS (Diluted) | $4.87 | $4.66 | $4.42 | $4.36 | $3.90 | $2.76 | $3.24 | $2.49 |
| Shares Outstanding (Basic) | 52.7M | 48.8M | 45.2M | 42.6M | 40.3M | 39.2M | 37.4M | 35.4M |
| Shares Outstanding (Diluted) | 52.8M | 48.9M | 45.3M | 42.7M | 40.4M | 39.3M | 37.5M | 35.5M |
| Dividends Per Share | $5.90 | $5.34 | $5.04 | $4.70 | $3.58 | $3.08 | $2.94 | $2.72 |