EastGroup Historical Income Statement

EGP Stock

USD 169.28 1.73 1.01%

Historical analysis of EastGroup Properties income statement accounts such as Gross Profit of 437.4 M or Other Operating Expenses of 361.2 M can show how well EastGroup Properties performed in making a profits. Evaluating EastGroup Properties income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of EastGroup Properties's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining EastGroup Properties latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether EastGroup Properties is a good buy for the upcoming year.

Net Income Gross Profit

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EastGroup Properties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

To learn how to invest in EastGroup Stock, please use our How to Invest in EastGroup Properties guide.

About EastGroup Income Statement Analysis

EastGroup Properties Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to EastGroup Properties shareholders. The income statement also shows EastGroup investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

EastGroup Properties Income Statement Chart

At this time, EastGroup Properties' Total Operating Expenses is relatively stable compared to the past year. As of 11/21/2024, Net Income is likely to grow to about 210.5 M, while Cost Of Revenue is likely to drop slightly above 82.6 M.

Total Revenue Gross Profit Other Operating Expenses Operating Income Total Other Income Expense Net

Total Revenue

Total revenue comprises all receipts EastGroup Properties generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of EastGroup Properties minus its cost of goods sold. It is profit before EastGroup Properties operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of EastGroup Properties. It is also known as EastGroup Properties overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from EastGroup Properties operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of EastGroup Properties is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most accounts from EastGroup Properties' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into EastGroup Properties current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EastGroup Properties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

To learn how to invest in EastGroup Stock, please use our How to Invest in EastGroup Properties guide.At this time, EastGroup Properties' Total Operating Expenses is relatively stable compared to the past year. As of 11/21/2024, Net Income is likely to grow to about 210.5 M, while Cost Of Revenue is likely to drop slightly above 82.6 M.

	2021	2022	2023	2024 (projected)
Gross Profit	294.4M	353.1M	416.6M	437.4M
Total Revenue	409.5M	487.0M	570.6M	599.1M

Gross Profit Total Revenue

EastGroup Properties income statement Correlations

	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Total Operating Expenses	Net Income	Income Tax Expense	Depreciation And Amortization	Selling General Administrative	Income Before Tax	Total Other Income Expense Net	Cost Of Revenue	Minority Interest	Extraordinary Items	Net Income From Continuing Ops	Non Operating Income Net Other	Selling And Marketing Expenses	Non Recurring	Discontinued Operations	Interest Income	Net Interest Income	Reconciled Depreciation
Interest Expense		0.74	0.73	0.77	0.68	0.59	0.72	0.78	0.6	0.47	0.45	0.68	0.54	-0.2	0.42	-0.24	0.13	0.2	0.52	-0.46	0.64	-0.55	0.47	-0.48	0.44
Total Revenue	0.74		1.0	1.0	0.99	0.62	1.0	1.0	0.95	0.15	0.79	0.59	0.95	-0.47	0.81	-0.01	-0.26	0.43	0.82	-0.68	0.49	-0.61	0.73	-0.71	0.88
Gross Profit	0.73	1.0		1.0	1.0	0.62	1.0	0.99	0.96	0.14	0.79	0.57	0.96	-0.48	0.81	0.0	-0.26	0.42	0.82	-0.69	0.48	-0.6	0.74	-0.73	0.88
Other Operating Expenses	0.77	1.0	1.0		0.98	0.59	0.99	1.0	0.94	0.17	0.8	0.63	0.94	-0.44	0.81	-0.05	-0.25	0.45	0.81	-0.65	0.52	-0.64	0.7	-0.68	0.86
Operating Income	0.68	0.99	1.0	0.98		0.64	1.0	0.98	0.97	0.12	0.77	0.51	0.96	-0.51	0.81	0.05	-0.28	0.4	0.82	-0.73	0.42	-0.57	0.77	-0.77	0.9
Ebit	0.59	0.62	0.62	0.59	0.64		0.62	0.58	0.63	0.52	0.0	0.16	0.54	-0.37	0.29	-0.15	-0.12	-0.11	0.56	-0.83	0.26	-0.33	0.72	-0.85	0.42
Ebitda	0.72	1.0	1.0	0.99	1.0	0.62		0.99	0.96	0.13	0.79	0.56	0.96	-0.49	0.81	0.01	-0.27	0.42	0.82	-0.7	0.46	-0.59	0.75	-0.73	0.89
Total Operating Expenses	0.78	1.0	0.99	1.0	0.98	0.58	0.99		0.93	0.17	0.81	0.65	0.93	-0.44	0.81	-0.06	-0.24	0.45	0.81	-0.63	0.53	-0.64	0.69	-0.66	0.85
Net Income	0.6	0.95	0.96	0.94	0.97	0.63	0.96	0.93		-0.02	0.73	0.46	0.98	-0.35	0.81	0.06	-0.34	0.31	0.88	-0.7	0.39	-0.55	0.81	-0.76	0.88
Income Tax Expense	0.47	0.15	0.14	0.17	0.12	0.52	0.13	0.17	-0.02		-0.24	0.2	-0.01	-0.13	-0.13	-0.26	0.11	0.06	0.07	-0.33	0.29	-0.25	-0.01	-0.18	-0.16
Depreciation And Amortization	0.45	0.79	0.79	0.8	0.77	0.0	0.79	0.81	0.73	-0.24		0.59	0.8	-0.33	0.81	0.13	-0.25	0.62	0.61	-0.24	0.38	-0.49	0.39	-0.27	0.81
Selling General Administrative	0.68	0.59	0.57	0.63	0.51	0.16	0.56	0.65	0.46	0.2	0.59		0.5	0.08	0.69	-0.46	-0.22	0.39	0.49	0.09	0.75	-0.73	0.3	0.01	0.45
Income Before Tax	0.54	0.95	0.96	0.94	0.96	0.54	0.96	0.93	0.98	-0.01	0.8	0.5		-0.37	0.85	0.0	-0.4	0.42	0.9	-0.64	0.38	-0.58	0.73	-0.67	0.9
Total Other Income Expense Net	-0.2	-0.47	-0.48	-0.44	-0.51	-0.37	-0.49	-0.44	-0.35	-0.13	-0.33	0.08	-0.37		-0.32	-0.32	-0.07	-0.32	-0.08	0.62	0.08	-0.07	-0.46	0.62	-0.58
Cost Of Revenue	0.42	0.81	0.81	0.81	0.81	0.29	0.81	0.81	0.81	-0.13	0.81	0.69	0.85	-0.32		0.02	-0.39	0.51	0.72	-0.27	0.42	-0.55	0.73	-0.42	0.91
Minority Interest	-0.24	-0.01	0.0	-0.05	0.05	-0.15	0.01	-0.06	0.06	-0.26	0.13	-0.46	0.0	-0.32	0.02		0.19	0.09	-0.25	-0.18	-0.59	0.42	0.15	-0.21	0.18
Extraordinary Items	0.13	-0.26	-0.26	-0.25	-0.28	-0.12	-0.27	-0.24	-0.34	0.11	-0.25	-0.22	-0.4	-0.07	-0.39	0.19		-0.27	-0.35	0.12	-0.32	0.72	-0.19	0.11	-0.25
Net Income From Continuing Ops	0.2	0.43	0.42	0.45	0.4	-0.11	0.42	0.45	0.31	0.06	0.62	0.39	0.42	-0.32	0.51	0.09	-0.27		0.25	-0.07	0.27	-0.39	0.16	-0.04	0.41
Non Operating Income Net Other	0.52	0.82	0.82	0.81	0.82	0.56	0.82	0.81	0.88	0.07	0.61	0.49	0.9	-0.08	0.72	-0.25	-0.35	0.25		-0.54	0.42	-0.55	0.64	-0.57	0.73
Selling And Marketing Expenses	-0.46	-0.68	-0.69	-0.65	-0.73	-0.83	-0.7	-0.63	-0.7	-0.33	-0.24	0.09	-0.64	0.62	-0.27	-0.18	0.12	-0.07	-0.54		-0.08	0.2	-0.64	0.94	-0.54
Non Recurring	0.64	0.49	0.48	0.52	0.42	0.26	0.46	0.53	0.39	0.29	0.38	0.75	0.38	0.08	0.42	-0.59	-0.32	0.27	0.42	-0.08		-0.75	0.2	-0.09	0.25
Discontinued Operations	-0.55	-0.61	-0.6	-0.64	-0.57	-0.33	-0.59	-0.64	-0.55	-0.25	-0.49	-0.73	-0.58	-0.07	-0.55	0.42	0.72	-0.39	-0.55	0.2	-0.75		-0.29	0.19	-0.38
Interest Income	0.47	0.73	0.74	0.7	0.77	0.72	0.75	0.69	0.81	-0.01	0.39	0.3	0.73	-0.46	0.73	0.15	-0.19	0.16	0.64	-0.64	0.2	-0.29		-0.84	0.81
Net Interest Income	-0.48	-0.71	-0.73	-0.68	-0.77	-0.85	-0.73	-0.66	-0.76	-0.18	-0.27	0.01	-0.67	0.62	-0.42	-0.21	0.11	-0.04	-0.57	0.94	-0.09	0.19	-0.84		-0.67
Reconciled Depreciation	0.44	0.88	0.88	0.86	0.9	0.42	0.89	0.85	0.88	-0.16	0.81	0.45	0.9	-0.58	0.91	0.18	-0.25	0.41	0.73	-0.54	0.25	-0.38	0.81	-0.67

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EastGroup Properties Account Relationship Matchups

EastGroup Properties income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Interest Expense	34.5M	33.9M	32.9M	38.5M	45.0M	47.3M
Total Revenue	331.4M	363.0M	409.5M	487.0M	570.6M	599.1M
Gross Profit	238.1M	259.7M	294.4M	353.1M	416.6M	437.4M
Other Operating Expenses	214.8M	234.8M	258.6M	304.5M	344.0M	361.2M
Operating Income	116.7M	129.2M	151.7M	183.8M	228.1M	239.6M
Ebit	116.7M	8.0M	20.7M	32.8M	228.1M	239.6M
Ebitda	221.5M	245.5M	278.8M	337.4M	399.2M	419.2M
Total Operating Expenses	121.5M	131.4M	143.5M	170.5M	188.4M	197.8M
Net Income	87.0M	73.5M	123.8M	186.2M	200.5M	210.5M
Income Tax Expense	36.3M	34.9M	33.9M	(40.9M)	47.5M	49.9M
Depreciation And Amortization	104.7M	237.6M	258.1M	304.6M	171.1M	179.6M
Selling General Administrative	16.8M	15.1M	16.4M	16.9M	17.3M	9.1M
Income Before Tax	123.3M	108.4M	157.6M	186.3M	200.5M	210.6M
Total Other Income Expense Net	6.6M	(19.8M)	6.7M	5.8M	(27.6M)	(26.2M)
Cost Of Revenue	93.3M	103.4M	115.1M	133.9M	154.0M	82.6M
Net Income Applicable To Common Shares	121.7M	108.4M	157.6M	186.2M	214.1M	224.8M
Minority Interest	(1.7M)	(28K)	(81K)	(92K)	(57K)	(54.2K)
Net Income From Continuing Ops	123.3M	644.9M	157.6M	186.3M	200.5M	150.4M
Non Operating Income Net Other	41.1M	13.1M	38.9M	41.0M	47.1M	49.5M
Interest Income	34.5M	33.9M	32.9M	38.5M	44.3M	38.3M
Net Interest Income	(34.5M)	(33.9M)	(32.9M)	(38.5M)	(48.0M)	(50.4M)
Reconciled Depreciation	104.7M	116.4M	127.1M	153.6M	171.1M	133.3M

Pair Trading with EastGroup Properties

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if EastGroup Properties position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in EastGroup Properties will appreciate offsetting losses from the drop in the long position's value.

Moving together with EastGroup Stock

0.66	O	Realty Income	Pair Corr
0.94	FR	First Industrial Realty	Pair Corr

Moving against EastGroup Stock

0.71	UE	Urban Edge Properties Sell-off Trend	Pair Corr
0.64	MITT-PC	AG Mortgage Investment	Pair Corr
0.45	MITT-PB	AG Mortgage Investment	Pair Corr
0.37	MITT-PA	AG Mortgage Investment	Pair Corr
0.36	VNO-PN	Vornado Realty Trust	Pair Corr

The ability to find closely correlated positions to EastGroup Properties could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EastGroup Properties when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back EastGroup Properties - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling EastGroup Properties to buy it.

The correlation of EastGroup Properties is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as EastGroup Properties moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EastGroup Properties moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for EastGroup Properties can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for EastGroup Stock Analysis

When running EastGroup Properties' price analysis, check to measure EastGroup Properties' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy EastGroup Properties is operating at the current time. Most of EastGroup Properties' value examination focuses on studying past and present price action to predict the probability of EastGroup Properties' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EastGroup Properties' price. Additionally, you may evaluate how the addition of EastGroup Properties to your portfolios can decrease your overall portfolio volatility.

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EastGroup Historical Income Statement

About EastGroup Income Statement Analysis

EastGroup Properties Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Operating Income

EastGroup Properties income statement Correlations

EastGroup Properties Account Relationship Matchups

High Positive Relationship

High Negative Relationship

EastGroup Properties income statement Accounts

Pair Trading with EastGroup Properties

Moving together with EastGroup Stock

Moving against EastGroup Stock

Additional Tools for EastGroup Stock Analysis

COMMON DESTINATIONS

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COMPANY

Gross Profit	+ 1.0	Total Revenue
Other Operating Expenses	+ 1.0	Total Revenue
Ebitda	+ 1.0	Total Revenue
Total Operating Expenses	+ 1.0	Total Revenue
Other Operating Expenses	+ 1.0	Gross Profit
Operating Income	+ 1.0	Gross Profit

Net Interest Income	- 0.85	Ebit
Net Interest Income	- 0.84	Interest Income
Selling And Marketing Expenses	- 0.83	Ebit
Net Interest Income	- 0.77	Operating Income
Net Interest Income	- 0.76	Net Income
Discontinued Operations	- 0.75	Non Recurring