EGP - EastGroup Properties, Inc.
NYSE
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Real Estate
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REIT—Industrial
Ridgeland,
United States
Type: Equity
EGP price evolution
EGP
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $40.26 | $0.37 | $1.08 | $9.39 |
| Short term investments | ||||
| Net receivables | $83.77 | $81.05 | $75.36 | $74.91 |
| Inventory | ||||
| Total current assets | $138.81 | $99.35 | $97.67 | $97.6 |
| Long term investments | ||||
| Property, plant & equipment | $4219.47 | $4082.5 | $3940.73 | $3824.3 |
| Goodwill & intangible assets | ||||
| Total noncurrent assets | ||||
| Total investments | $7.54 | $7.26 | $7.79 | $7.51 |
| Total assets | $4519.21 | $4354.85 | $4204.13 | $4080.46 |
| Current liabilities | ||||
| Accounts payable | $146.34 | $218.12 | $178.57 | $157.64 |
| Deferred revenue | ||||
| Short long term debt | ||||
| Total current liabilities | $205.08 | $275.33 | $236.29 | $214.97 |
| Long term debt | $1676.35 | $1674.37 | $1726 | $1797.6 |
| Total noncurrent liabilities | ||||
| Total debt | $1674.83 | $1674.37 | $1726 | $1797.6 |
| Total liabilities | $1910.58 | $1975.59 | $1990.41 | $2044.08 |
| Shareholders' equity | ||||
| Retained earnings | -$366.47 | -$369.19 | -$358.93 | -$345.62 |
| Other shareholder equity | $24.89 | $42.09 | $36.31 | $26.11 |
| Total shareholder equity | $2608.33 | $2378.96 | $2213.38 | $2035.97 |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $40.26 | $0.06 | $4.39 | $0.02 |
| Short term investments | ||||
| Net receivables | $83.77 | $71.38 | $66.78 | $51.3 |
| Inventory | ||||
| Total current assets | $138.81 | $87.91 | $87.92 | $73.8 |
| Long term investments | ||||
| Property, plant & equipment | $4219.47 | $3785.66 | $3015.71 | $2563.76 |
| Goodwill & intangible assets | ||||
| Total noncurrent assets | ||||
| Total investments | $7.54 | $7.23 | $7.32 | $7.45 |
| Total assets | $4519.21 | $4035.84 | $3215.34 | $2720.8 |
| Current liabilities | ||||
| Accounts payable | $146.34 | $136.99 | $109.76 | $69.57 |
| Deferred revenue | ||||
| Short long term debt | ||||
| Total current liabilities | $205.08 | $193.31 | $163.03 | $105.1 |
| Long term debt | $1676.35 | $1861.74 | $1451.78 | $1310.89 |
| Total noncurrent liabilities | ||||
| Total debt | $1674.83 | $1861.74 | $1451.78 | $1310.89 |
| Total liabilities | $1910.58 | $2082.84 | $1643.88 | $1450.29 |
| Shareholders' equity | ||||
| Retained earnings | -$366.47 | -$334.9 | -$318.06 | -$329.67 |
| Other shareholder equity | $24.89 | $36.37 | $1.3 | -$10.75 |
| Total shareholder equity | $2608.33 | $1953 | $1570.07 | $1269.64 |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $149.15 | $146.53 | $139.89 | $135.03 |
| Cost of revenue | $39.37 | $40.71 | $37.77 | $36.19 |
| Gross Profit | $109.78 | $105.82 | $102.12 | $98.84 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $3.74 | $3.43 | $4.38 | $5.2 |
| Total operating expenses | $49.13 | $46.1 | $46.83 | $46.36 |
| Operating income | $60.65 | $59.72 | $55.29 | $52.48 |
| Income from continuing operations | ||||
| EBIT | $74.56 | $60.18 | $56.02 | $57.72 |
| Income tax expense | ||||
| Interest expense | $11.11 | $11.29 | $12.57 | $13.03 |
| Net income | ||||
| Net income | $63.45 | $48.9 | $43.45 | $44.69 |
| Income (for common shares) | $63.45 | $48.9 | $43.45 | $44.69 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $570.59 | $487.02 | $409.48 | $363.02 |
| Cost of revenue | $154.03 | $133.91 | $115.08 | $103.37 |
| Gross Profit | $416.56 | $353.11 | $294.4 | $259.65 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $16.76 | $16.36 | $15.7 | $14.4 |
| Total operating expenses | $188.42 | $170.55 | $143.5 | $131.42 |
| Operating income | $228.14 | $182.56 | $150.89 | $128.23 |
| Income from continuing operations | ||||
| EBIT | $248.49 | $224.68 | $190.5 | $142.29 |
| Income tax expense | ||||
| Interest expense | $48 | $38.5 | $32.95 | $33.93 |
| Net income | ||||
| Net income | $200.49 | $186.18 | $157.56 | $108.36 |
| Income (for common shares) | $200.49 | $186.18 | $157.56 | $108.36 |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Net income | $63.45 | $48.9 | $43.45 | $44.69 |
| Operating activities | ||||
| Depreciation | $45.25 | $42.52 | $42.3 | $41.01 |
| Business acquisitions & disposals | ||||
| Stock-based compensation | $2.13 | $1.88 | $2.17 | $2.78 |
| Total cash flows from operations | $38.1 | $121.32 | $85.32 | $93.46 |
| Investing activities | ||||
| Capital expenditures | -$188.75 | -$179.65 | -$156.15 | -$79.89 |
| Investments | $27.72 | $13.82 | ||
| Total cash flows from investing | -$180.6 | -$180.66 | -$143.98 | -$64.82 |
| Financing activities | ||||
| Dividends paid | -$58.66 | -$56.55 | -$55.24 | -$55.17 |
| Sale and purchase of stock | $241.44 | $167.36 | $177.79 | $105.72 |
| Net borrowings | -$0.02 | -$52.07 | -$72.07 | -$64.63 |
| Total cash flows from financing | $182.38 | $58.63 | $50.35 | -$19.3 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | $39.89 | -$0.71 | -$8.31 | $9.33 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | $200.49 | $186.18 | $157.56 | $108.36 |
| Operating activities | ||||
| Depreciation | $171.08 | $153.64 | $127.1 | $116.36 |
| Business acquisitions & disposals | ||||
| Stock-based compensation | $8.96 | $8.29 | $7.51 | $6.58 |
| Total cash flows from operations | $338.2 | $316.5 | $256.49 | $196.28 |
| Investing activities | ||||
| Capital expenditures | -$604.45 | -$536.97 | -$563.67 | -$277.78 |
| Investments | $41.54 | $44.26 | $23.24 | |
| Total cash flows from investing | -$570.06 | -$521.15 | -$529.26 | -$288.26 |
| Financing activities | ||||
| Dividends paid | -$225.63 | -$193.94 | -$131.76 | -$119.77 |
| Sale and purchase of stock | $692.31 | $75.62 | $273.1 | $90.72 |
| Net borrowings | -$188.79 | $348.63 | $139.61 | $126.89 |
| Total cash flows from financing | $272.06 | $200.31 | $277.14 | $91.77 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | $40.21 | -$4.34 | $4.37 | -$0.2 |
News
Fundamentals
| Market cap | $8.03B |
|---|---|
| Enterprise value | $9.67B |
| Shares outstanding | 47.70M |
| Revenue | $570.59M |
|---|---|
| EBITDA | $419.56M |
| EBIT | $248.49M |
| Net Income | $200.49M |
| Revenue Q/Q | 14.87% |
| Revenue Y/Y | 17.16% |
| P/E ratio | 40.06 |
|---|---|
| EV/Sales | 16.94 |
| EV/EBITDA | 23.04 |
| EV/EBIT | 38.90 |
| P/S ratio | 14.08 |
| P/B ratio | 3.11 |
| Book/Share | 54.16 |
| Cash/Share | 0.84 |
| EPS | $4.20 |
|---|---|
| ROA | 4.67% |
| ROE | 8.68% |
| Debt/Equity | 0.73 |
|---|---|
| Net debt/EBITDA | 4.46 |
| Current ratio | 0.68 |
| Quick ratio | 0.68 |