30 years of historical data (1995–2024) · Real Estate · REIT - Industrial
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
EastGroup Properties, Inc. trades at 42.1x earnings, roughly in line with its 5-year average of 43.7x, sitting at the 67th percentile of its historical range. Compared to the Real Estate sector median P/E of 23.4x, the stock trades at a premium of 80%. On a free-cash-flow basis, the stock trades at 29.3x P/FCF, roughly in line with the 5-year average of 29.8x.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $10.5B | $7.8B | $8.3B | $6.3B | $9.2B | $5.4B | $5.0B | $3.3B | $3.0B | $2.4B | $1.8B |
| Enterprise Value | $12.0B | $9.4B | $10.0B | $8.2B | $10.7B | $6.7B | $6.2B | $4.4B | $4.1B | $3.5B | $2.8B |
| P/E Ratio → | 42.13 | 34.44 | 41.52 | 33.96 | 58.42 | 50.02 | 57.19 | 36.84 | 36.22 | 25.20 | 37.32 |
| P/S Ratio | 16.40 | 12.29 | 14.69 | 12.98 | 22.47 | 14.94 | 15.05 | 10.89 | 10.98 | 9.52 | 7.62 |
| P/B Ratio | 2.92 | 2.38 | 3.19 | 3.24 | 5.85 | 4.27 | 4.14 | 3.60 | 4.01 | 3.75 | 3.20 |
| P/FCF | 29.31 | 21.97 | 28.98 | 22.94 | 41.85 | 33.25 | 31.48 | 25.60 | 23.35 | 20.91 | 16.97 |
| P/OCF | 25.14 | 18.84 | 24.60 | 19.98 | 35.87 | 27.64 | 25.41 | 19.77 | 19.41 | 17.35 | 13.63 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
EastGroup Properties, Inc.'s enterprise value stands at 19.9x EBITDA, roughly in line with its 5-year average of 19.7x. The Real Estate sector median is 13.6x, placing the stock at a 46% premium on an enterprise-value basis.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 14.69 | 17.61 | 16.85 | 26.06 | 18.59 | 18.67 | 14.59 | 15.03 | 13.88 | 12.00 |
| EV / EBITDA | 19.87 | 15.53 | 18.42 | 17.53 | 27.52 | 19.56 | 19.85 | 15.67 | 16.34 | 22.68 | 19.74 |
| EV / EBIT | 27.09 | 36.99 | 44.55 | 44.96 | 70.73 | 52.64 | 53.24 | 40.70 | 43.27 | 40.20 | 35.67 |
| EV / FCF | — | 26.25 | 34.75 | 29.78 | 48.55 | 41.37 | 39.05 | 34.29 | 31.97 | 30.49 | 26.72 |
Margins and return-on-capital ratios measuring operating efficiency
EastGroup Properties, Inc. earns an operating margin of 69.4%, significantly above the Real Estate sector average of 22.0%. ROE of 7.7% is modest. ROIC of 7.3% represents adequate returns on invested capital.
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 72.7% | 72.7% | 72.8% | 72.5% | 71.9% | 71.5% | 71.8% | 71.1% | 70.8% | 70.6% | 71.2% |
| Operating Margin | 69.4% | 69.4% | 69.7% | 69.0% | 67.9% | 67.4% | 66.7% | 66.5% | 65.3% | 34.5% | 33.6% |
| Net Profit Margin | 35.7% | 35.7% | 35.4% | 38.2% | 38.5% | 29.9% | 36.8% | 29.6% | 30.3% | 37.7% | 20.4% |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 7.7% | 7.7% | 8.8% | 10.6% | 11.1% | 8.8% | 11.5% | 10.7% | 11.9% | 15.9% | 8.4% |
| ROA | 4.7% | 4.7% | 4.7% | 5.1% | 5.3% | 4.1% | 5.2% | 4.3% | 4.4% | 5.5% | 3.0% |
| ROIC | 7.3% | 7.3% | 7.3% | 7.3% | 7.4% | 7.3% | 7.5% | 7.7% | 7.4% | 3.9% | 3.8% |
| ROCE | 9.6% | 9.6% | 9.8% | 10.2% | 10.3% | 10.1% | 10.6% | 11.3% | 11.0% | 5.8% | 5.5% |
Solvency and debt-coverage ratios — lower is generally safer
EastGroup Properties, Inc. carries a Debt/EBITDA ratio of 2.6x, which is moderately leveraged (62% below the sector average of 6.7x). Net debt stands at $1.5B ($1.5B total debt minus $18M cash). Interest coverage of 12.3x signals virtually no risk of debt distress — earnings comfortably cover interest obligations.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.47 | 0.47 | 0.65 | 0.96 | 0.94 | 1.04 | 1.00 | 1.22 | 1.48 | 1.72 | 1.84 |
| Debt / EBITDA | 2.56 | 2.56 | 3.13 | 4.02 | 3.81 | 3.84 | 3.85 | 3.97 | 4.40 | 7.13 | 7.21 |
| Net Debt / Equity | — | 0.46 | 0.63 | 0.96 | 0.94 | 1.04 | 1.00 | 1.22 | 1.48 | 1.72 | 1.84 |
| Net Debt / EBITDA | 2.53 | 2.53 | 3.06 | 4.02 | 3.80 | 3.84 | 3.85 | 3.97 | 4.40 | 7.12 | 7.21 |
| Debt / FCF | — | 4.28 | 5.77 | 6.83 | 6.70 | 8.12 | 7.57 | 8.69 | 8.62 | 9.58 | 9.76 |
| Interest Coverage | 12.29 | 12.29 | 8.77 | 8.73 | 8.44 | 7.21 | 6.40 | 5.67 | 5.15 | 2.48 | 2.28 |
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.74x is below 1.0, meaning current liabilities exceed current assets. The current ratio has improved from 0.25x to 0.74x over the past 3 years.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.74 | 0.74 | 0.80 | 0.25 | 0.27 | 0.35 | 0.30 | 0.17 | 0.17 | 0.17 | 0.19 |
| Quick Ratio | 0.74 | 0.74 | 0.80 | 0.25 | 0.25 | 0.35 | 0.30 | 0.17 | 0.17 | 0.17 | 0.19 |
| Cash Ratio | 0.10 | 0.10 | 0.24 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Asset Turnover | — | 0.13 | 0.13 | 0.12 | 0.13 | 0.13 | 0.13 | 0.14 | 0.14 | 0.14 | 0.14 |
| Inventory Turnover | 20.21 | — | — | — | 20.21 | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
EastGroup Properties, Inc. returns 2.6% to shareholders annually primarily through dividends. The payout ratio exceeds 100% at 111.0%, meaning the company is paying out more than it earns — this level is unsustainable long-term without earnings recovery. The earnings yield of 2.4% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 2.6% | 3.2% | 2.7% | 3.1% | 1.4% | 2.2% | 2.2% | 2.2% | 2.9% | 3.4% | 4.2% |
| Payout Ratio | 111.0% | 111.0% | 112.5% | 104.2% | 83.6% | 110.5% | 89.4% | 80.6% | 104.3% | 84.7% | 158.5% |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 2.4% | 2.9% | 2.4% | 2.9% | 1.7% | 2.0% | 1.7% | 2.7% | 2.8% | 4.0% | 2.7% |
| FCF Yield | 3.4% | 4.6% | 3.5% | 4.4% | 2.4% | 3.0% | 3.2% | 3.9% | 4.3% | 4.8% | 5.9% |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 2.6% | 3.2% | 2.7% | 3.1% | 1.4% | 2.2% | 2.2% | 2.2% | 2.9% | 3.4% | 4.2% |
| Shares Outstanding | — | $49M | $45M | $43M | $40M | $39M | $38M | $36M | $34M | $33M | $32M |
Compare EGP with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
| EGPYou | $10B | 42.1 | 19.9 | 29.3 | 72.7% | 69.4% | 7.7% | 7.3% | 2.6 |
| PLD | $132B | 35.6 | 23.2 | 27.0 | 74.9% | 53.8% | 6.4% | 3.8% | 4.5 |
| REXR | $9B | 31.2 | 13.5 | 82.7 | 77.5% | 68.8% | 3.2% | 4.3% | 3.8 |
| FR | $8B | 29.1 | 22.2 | 62.0 | 72.6% | 44.3% | 10.7% | 4.6% | 4.7 |
| STAG | $7B | 26.9 | 23.8 | 15.8 | — | 0.7% | 7.6% | 0.1% | — |
| TRNO | $7B | 16.9 | 25.5 | 32.8 | 50.3% | 40.3% | 10.3% | 2.9% | 3.8 |
| GRP-UN | $4B | 15.6 | 19.2 | 15.9 | 82.9% | 76.5% | 6.5% | 3.8% | 7.1 |
| LXP | $3B | 27.2 | — | 17.9 | 81.6% | 0.8% | 5.1% | 0.1% | — |
| PLYM | $979M | 7.1 | 13.3 | 10.2 | 68.9% | 18.2% | 25.9% | 2.1% | 5.4 |
| ILPT | $391M | -5.9 | 0.4 | 6.4 | 86.3% | 78.0% | -6.9% | 8.9% | — |
| LPA | $80M | -2.7 | 15.0 | 30.1 | 84.1% | 48.5% | -11.0% | 3.1% | 12.5 |
| Real Estate Median | — | 23.4 | 13.6 | 13.7 | 60.4% | 22.0% | 3.3% | 2.6% | 6.7 |
Peers based on L4 peer group classification. Compare multiple stocks →
Includes 30+ ratios · 30 years · Updated daily
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Start ComparisonEastGroup Properties, Inc.'s current P/E ratio is 42.1x. The historical average is 35.8x. This places it at the 67th percentile of its historical range.
EastGroup Properties, Inc.'s current EV/EBITDA is 19.9x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 16.4x.
EastGroup Properties, Inc.'s return on equity (ROE) is 7.7%. The historical average is 8.7%.
Based on historical data, EastGroup Properties, Inc. is trading at a P/E of 42.1x. This is at the 67th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
EastGroup Properties, Inc.'s current dividend yield is 2.63% with a payout ratio of 111.0%.
EastGroup Properties, Inc. has 72.7% gross margin and 69.4% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
EastGroup Properties, Inc.'s Debt/EBITDA ratio is 2.6x, indicating moderate leverage. A ratio between 2-4x is manageable but warrants monitoring.