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EastGroup Properties EGP TEXAS — Right of use assets - Ground leases (operating)

Other geography segments

ARIZONA
$9.75M-11.6%
FLORIDA
$2.41M-7.1%
CALIFORNIA
$0
COLORADO
$0
GEORGIA
$0
LOUISIANA
$0
MISSISSIPPI
$0
NEVADA
$0
NORTH CAROLINA
$0
SOUTH CAROLINA
$0
TENNESSEE
$0

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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$10.79B+24.9%
Enterprise value$12.54B+22.9%
P/E35.4×-1.1×
P/S14.3×+1.6×

Profitability

See full
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:OperatingLeaseRightOfUseAsset.

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
CreekView 9 & 103,98512,3893,98712,38716,3741,48120202022
The Rock at Star Business Park5,29627,2233245,29627,54732,8437,69020202019
DFW Global Logistics Centre 1-486,5642,36888,9329,47498,40613,23620212014/15
DFW Global Logistics Centre 5-875,25977176,0309,79085,8203,02420242017/20
McKinney 1 & 23,41924,1363,41924,13627,5551,59920202023
McKinney 3 & 44,22822,7294,22822,72926,9573,13820202022
McKinney Logistics Center6,89918,216736,89918,28925,1881,78820232022
McKinney Airport Trade Center15,56544,502315,56544,50560,07049420252023

ITEM 15. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES.

FAQ

What is EastGroup Properties's TEXAS — right of use assets - ground leases (operating)?
EastGroup Properties (EGP) reported TEXAS — right of use assets - ground leases (operating) of $9.79M in Q4 2025.
What does TEXAS — right of use assets - ground leases (operating) mean?
Represents the capitalized value of operating lease obligations for land where the company does not own the underlying fee interest. This is a requirement under lease accounting standards to recognize the right to use the leased property.

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