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EastGroup Properties EGP TENNESSEE — Costs Capitalized Subsequent to Acquisition

Other geography segments

COLORADO
$60.43M+55.3%
CALIFORNIA
$57.13M0.0%
TEXAS
$44.35M+6.2%
FLORIDA
$37.61M+0.4%
GEORGIA
$32.17M+8.4%
NORTH CAROLINA
$32.14M+15.0%
ARIZONA
$29.86M+23.5%
LOUISIANA
$13.02M+3.2%
SOUTH CAROLINA
$12.75M+0.5%
NEVADA
$4.65M+2.0%
MISSISSIPPI
$1.94M-1.1%

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$153M+2.7%

Other financials

Income statement

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Revenue$193.3M+9.1%
Net income$75.5M+19.3%
EPS (diluted)$1.40+16.7%

Balance sheet

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Cash & equivalents$33.4M+1.4%
Total debt$1.8B+11.9%
Total equity$3.6B+4.9%
Total assets$5.5B+6.4%

Cash flow

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Operating cash flow$159.6M+11.3%
CapEx$13.4M-44.7%
Free cash flow$146.2M+22.7%

Valuation

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Market cap$10.9B+24.9%
Enterprise value$12.66B+22.9%
P/E35.8×-1.1×
P/S14.5×+1.6×

Profitability

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Operating margin36.1%
Net margin40.5%+5.6pp
FCF margin59%+2.2pp

Returns & leverage

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Return on equity8.7%+1.1pp
Debt / equity0.5×0.0×

Where this comes from

Reported directly by EastGroup Properties in its filing.

Tagged under the XBRL concept us-gaap:RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionCarryingCosts.

The source filing: EastGroup Properties’s 10-K, filed February 11, 2026.

Filed
Feb 10, 2026, 7:00 PM EST
Fiscal year
FY2025
Accession
0000049600-26-000010
DescriptionInitial Cost to the Company / LandInitial Cost to the Company / Buildings and ImprovementsCosts Capitalized Subsequent to AcquisitionGross Amount Carried at Close of Period / LandGross Amount Carried at Close of Period / Buildings and ImprovementsRight of Use Assets (e)TotalAccumulated DepreciationYear AcquiredYear Constructed
Bell Creek Logistics Center Land32,4333,11932,4773,07535,5522025n/a
North Ridge Trail8,6406608,6406609,3002025n/a
TENNESSEE
Station 24 Commerce Center 1 & 25,1173,5525,1173,5528,6692024n/a
Station 24 Commerce Center Land5,3436015,3465985,9442024n/a
TEXAS
World Houston Int'l Business Ctr 4682515,67392015,57816,49820112025
World Houston Golf Course Land8111,7269041,6332,5372011n/a

ITEM 15. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES.

FAQ

What is EastGroup Properties's TENNESSEE — costs capitalized subsequent to acquisition?
EastGroup Properties (EGP) reported TENNESSEE — costs capitalized subsequent to acquisition of $3.55M in Q4 2025.
What does TENNESSEE — costs capitalized subsequent to acquisition mean?
This metric tracks the capital expenditures incurred after the initial acquisition or development of properties in the Tennessee segment. These costs typically relate to major renovations, tenant improvements, or structural upgrades that extend the useful life of the assets. It provides insight into the ongoing maintenance and value-add investment strategy for the regional portfolio.

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