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Industrial REIT developing and owning multi-tenant distribution/warehouse buildings in Sunbelt states.
Industrial REIT developing and owning multi-tenant distribution/warehouse buildings in Sunbelt states.
Collects rent from many small and mid-sized tenants in multi-tenant buildings, which spreads risk, and leases are mostly a few years with scheduled increases, so rents reset to market fairly often. It builds new buildings on land it already owns or buys and keeps them, funding growth largely by developing rather than buying.
Moat: narrow (scale, installed base). Infill Sunbelt locations near population centers are hard to replicate; still a commoditized leasing business.
Headquarters: Jackson, Mississippi, United States · Founded: 1969 · Employees: 103
Size EastGroup Properties (EGP) is a United States Real Estate company (Real Estate Investment Trusts) with a market value of $10.4B, the 754th largest of 3,117 United States companies the cockpit tracks. Shares closed at $193.81 on 6 Nov 2026.
Performance Over six months the shares fell 5.6%, against -1.4% for the median peer and -1.1% for the United States market (cap-weighted) — 8th lowest of 21 in its peer set.
Growth Revenue grew 10.4% over the last twelve months (peer median +5.1%); the operating margin is 40.8% (peer median 34.4%).
Valuation It trades at 2.92× book value against a peer median of 2.14× (8th most expensive of 21).
Price implies The share price implies a return on equity of about 22.3%; EastGroup Properties delivers 8.9%, so the price asks more than the business earns today.
Short interest Short interest is 8.4% of the free float (15 Oct 2026).
Next results Next results expected around 9 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $770M | $720M | $640M | $572M | $487M |
| Revenue growth | — | +12% | +12% | +17% | — |
| Gross profit | $341M | $311M | $277M | $247M | $200M |
| EBITDA | $541M | $503M | $445M | $399M | $336M |
| Net income | $316M | $257M | $228M | $200M | $186M |
| Free cash flow | $485M | $405M | $357M | $287M | $276M |
| Capital expenditure | $58.1M | $75.8M | $59.3M | $51.1M | $40.9M |
| Total debt | $1.86B | $1.69B | $1.57B | $1.70B | $1.89B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE |
|---|---|---|---|---|---|---|
| EastGroup Properties EGP | $10.4B | -6% | +10% | 9% | 2.92× | 22.3% |
| Rexford Industrial Realty REXR | $8.02B | +4% | -2% | -6% | 1.16× | 11.7% |
| First Industrial Realty Trust FR | $7.13B | -14% | +9% | 13% | 2.57× | 20.9% |
| Terreno Realty TRNO | $7.24B | 0% | +18% | 9% | 1.61× | 14.0% |
| STAG Industrial STAG | $7.06B | -6% | +9% | 8% | 1.93× | 15.5% |
| Prologis PLD | $123B | -11% | +7% | 8% | 2.16× | 20.9% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | EGP | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -0.7% | +7.2% | 3rd lowest of 21 |
| 6-month return | -5.6% | -1.4% | 8th lowest of 21 |
| Return on equity | 8.9% | 9.9% | 9th lowest of 20 |
| Price / book | 2.92× | 2.14× | 8th most expensive of 21 |
| Trailing P/E | 32.9× | 25.0× | 6th most expensive of 19 |
| ROE the price implies | 22.3% | 15.2% | 7th most demanding of 21 |
| ROE delivered | 8.9% | 9.9% | 9th lowest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| EastGroup Properties EGP | United States | $10.4B | -6% | +10% | 9% | 2.92× | 22.3% | 8.9% |
| BXP BXP | United States | $10.4B | +11% | +3% | 10% | 2.00× | 17.2% | 10.4% |
| CubeSmart CUBE | United States | $10.1B | +11% | +3% | 13% | 4.06× | 30.4% | 13.1% |
| Janus Living JAN | United States | $9.93B | +15% | n/a | n/a | 2.41× | 15.7% | n/a |
| Federal Realty Investment Trust FRT | United States | $9.74B | -2% | +8% | 14% | 3.14× | 23.7% | 13.6% |
| AGNC Investment AGNC | United States | $11.2B | -19% | +152% | 1% | 1.15× | 13.1% | 0.9% |
| Gaming and Leisure Properties GLPI | United States | $11.3B | -19% | +7% | 20% | 2.28× | 14.8% | 19.6% |
| UDR UDR | United States | $11.6B | -1% | +1% | 22% | 3.76× | 22.9% | 21.8% |
| CapitaLand Investment 9CI.SI | Singapore | $9.22B | -11% | -15% | 1% | 0.94× | 7.9% | 1.5% |
| Brixmor Property BRX | United States | $9.21B | +1% | +5% | 14% | 3.05× | 23.1% | 14.2% |
| American Homes 4 Rent AMH | United States | $11.8B | +2% | +4% | 7% | 1.73× | 12.9% | 6.8% |
| Ryman Hospitality Properties RHP | United States | $9.11B | +19% | +13% | 26% | 6.58× | 55.9% | 26.0% |
| Agree Realty ADC | United States | $9.09B | -8% | +18% | 4% | 1.34× | 8.2% | 3.8% |
| CareTrust REIT CTRE | United States | $9.03B | -8% | +53% | 9% | 2.01× | 14.7% | 9.1% |
| Lineage LINE | United States | $8.91B | -2% | +1% | -2% | 1.13× | 9.9% | -2.0% |
| Equity LifeStyle Properties ELS | United States | $12.3B | 0% | +3% | 22% | 6.99× | 37.4% | 22.3% |
| CapitaLand Ascendas REIT A17U.SI | Singapore | $8.83B | -9% | +7% | 7% | 0.99× | 5.2% | 7.0% |
| American Healthcare REIT AHR | United States | $12.7B | +12% | +16% | 4% | 3.05× | 20.7% | 4.0% |
| Scentre SCG.AX | Australia | $13.1B | -1% | -4% | 10% | 0.97× | 11.6% | 10.4% |
| Camden Property Trust CPT | United States | $13.4B | -3% | +1% | 8% | 2.68× | 18.2% | 7.8% |
| MERLIN Properties SOCIMI MRL.MC | Spain | $8.05B | -23% | +13% | 10% | 0.77× | 8.0% | 9.9% |