← EASTGROUP PROPERTIES INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income From Continuing Operations | — | — | — | — | — | — | $186.3m | $200.5m | $227.8m | $257.5m | |
| Net Income (Loss) Available to Common Stockholders, Basic | $95.5m | $83.2m | $88.5m | $121.7m | $108.4m | $157.6m | $186.2m | $200.5m | $227.8m | $257.4m | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $96.1m | $83.6m | $88.6m | $123.3m | $108.4m | $157.6m | $186.3m | $200.5m | $227.8m | $257.5m | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $585k | $406k | $130k | $1.7m | $28k | $81k | $92k | $57k | $56k | $56k | |
| Depreciation, Depletion and Amortization | $77.9m | $83.9m | $91.7m | $104.7m | $116.4m | $127.1m | $153.6m | $171.1m | $189.4m | $216.7m | |
| Amortization of Debt Issuance Costs | — | — | — | — | — | — | — | $1.9m | $1.9m | $1.9m | |
| Amortization of Debt Issuance Costs and Discounts | $450k | $451k | $508k | $556k | $561k | $606k | $650k | — | — | — | |
| Amortization of Intangible Assets | $4.2m | $4.5m | $4.2m | $5.0m | $5.6m | $6.0m | $9.5m | $7.9m | $8.6m | $12.5m | |
| Depreciation | — | — | $76.0m | $86.6m | $96.3m | $104.9m | $125.2m | $141.0m | $155.2m | $176.2m | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $153.6m | $171.1m | $189.4m | $216.7m | |
| Share-based Payment Arrangement, Noncash Expense | $4.6m | $5.5m | $5.3m | $6.8m | $6.6m | $7.5m | $8.3m | — | — | — | |
| Share-based Payment Arrangement, Expense | $5.8m | $7.0m | $6.1m | $9.4m | $8.5m | $9.8m | $10.8m | $9.0m | $10.5m | $11.8m | |
| Operating Lease, Lease Income | — | — | — | $248.2m | $271.1m | $306.7m | $486.8m | $566.2m | $638.0m | $719.4m | |
| Additional Financial Items | |||||||||||
| Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal | — | — | — | — | — | — | — | $18.0m | $8.8m | $0 | |
| Gain (Loss) on Sale of Properties | — | — | — | — | — | — | — | $18.0m | $8.8m | $0 | |
| General and Administrative Expense | $13.2m | $15.0m | $13.7m | $16.4m | $14.4m | $15.7m | $16.4m | $16.8m | $20.6m | $24.0m | |
| Goodwill | $990k | $990k | $990k | $990k | $990k | $990k | $990k | $990k | $990k | $990k | |
| Beginning Cash Position | — | — | — | — | — | — | $4.4m | $56k | $40.3m | $17.5m | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | $200.3m | $272.1m | $285.0m | $79.0m | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($521.1m) | ($570.1m) | ($724.3m) | ($576.3m) | |
| Change In Account Payable | — | — | — | — | — | — | $17.2m | ($5.9m) | $11.1m | $12.8m | |
| Change In Payable | — | — | — | — | — | — | $17.2m | ($5.9m) | $11.1m | $12.8m | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | $17.2m | ($5.9m) | $11.1m | $12.8m | |
| Change In Receivables | — | — | — | — | — | — | ($9.3m) | ($15.4m) | ($13.4m) | ($18.6m) | |
| Change In Working Capital | — | — | — | — | — | — | $7.9m | ($21.3m) | ($2.3m) | ($5.8m) | |
| Changes In Cash | — | — | — | — | — | — | ($4.3m) | $40.2m | ($22.7m) | ($16.5m) | |
| End Cash Position | — | — | — | — | — | — | $56k | $40.3m | $17.5m | $1.0m | |
| Financing Cash Flow | — | — | — | — | — | — | $200.3m | $272.1m | $285.0m | $79.0m | |
| Free Cash Flow | — | — | — | — | — | — | $316.5m | $338.2m | $416.6m | $480.7m | |
| Gain Loss On Investment Securities | — | — | — | — | — | ($38.9m) | ($41.0m) | ($18.4m) | ($9.1m) | — | |
| Investing Cash Flow | — | — | — | — | — | — | ($521.1m) | ($570.1m) | ($724.3m) | ($576.3m) | |
| Issuance Of Capital Stock | — | — | — | — | — | — | $75.6m | $692.3m | $717.7m | $264.1m | |
| Operating Gains Losses | — | — | — | — | — | ($38.9m) | ($41.0m) | ($18.4m) | ($9.1m) | — | |
| Other Non Cash Items | — | — | — | — | — | — | $1.4m | ($2.6m) | $286k | $521k | |
| Stock Based Compensation | — | — | — | — | — | — | $8.3m | $9.0m | $10.5m | $11.8m | |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax | — | — | — | — | — | — | — | — | ($17.8m) | — | |
| Other Operating Income (Expense), Net | $1.8m | $1.3m | $913k | $163k | $942k | $830k | $1.2m | — | — | — | |
| Net Cash Provided by (Used in) Operating Activities | $138.9m | $155.0m | $164.7m | $195.9m | $196.3m | $256.5m | $316.5m | $338.2m | $416.6m | $480.7m | |
| Cash flows from investing activities: | |||||||||||
| Capital Expenditure | — | — | — | — | — | ($33.3m) | — | — | — | — | |
| Net Investment Properties Purchase And Sale | — | — | — | — | — | — | ($486.0m) | ($562.9m) | ($676.7m) | ($537.5m) | |
| Purchase Of Investment Properties | — | — | — | — | — | — | ($537.0m) | ($604.4m) | ($694.3m) | ($540.9m) | |
| Gains (Losses) on Sales of Investment Real Estate | $42.2m | $21.9m | $14.3m | $41.1m | $13.1m | $38.9m | $41.0m | $446k | $362k | $0 | |
| Sale Of Investment Properties | — | — | — | — | — | — | $51.0m | $41.5m | $17.7m | $3.4m | |
| Payments for (Proceeds from) Other Investing Activities | $13.9m | $15.9m | $13.0m | $9.3m | $28.6m | ($1.8m) | $2.1m | ($7.7m) | $795k | $2.0m | |
| Net Other Investing Changes | — | — | — | — | — | — | ($35.2m) | ($7.2m) | ($47.7m) | ($38.8m) | |
| Net Cash Provided by (Used in) Investing Activities | ($186.5m) | ($179.4m) | ($241.4m) | ($443.3m) | ($288.3m) | ($529.3m) | ($521.1m) | ($570.1m) | ($724.3m) | ($576.3m) | |
| Cash flows from financing activities: | |||||||||||
| Issuance Of Debt | — | — | — | — | — | — | $1.5b | $571.6m | $65.0m | $590.3m | |
| Long Term Debt Issuance | — | — | — | — | — | — | $525.0m | $100.0m | $0 | $250.0m | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | $350.7m | ($187.0m) | ($170.0m) | $123.8m | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | $389.9m | ($17.0m) | ($170.0m) | $105.0m | |
| Net Short Term Debt Issuance | — | — | — | — | — | — | ($39.2m) | ($170.0m) | $0 | $18.8m | |
| Short Term Debt Issuance | — | — | — | — | — | — | $942.2m | $471.6m | $65.0m | $340.3m | |
| Long Term Debt Payments | — | — | — | — | — | — | ($135.1m) | ($117.0m) | ($170.0m) | ($145.0m) | |
| Repayment Of Debt | — | — | — | — | — | — | ($1.1b) | ($758.6m) | ($235.0m) | ($466.5m) | |
| Short Term Debt Payments | — | — | — | — | — | — | ($981.4m) | ($641.6m) | ($65.0m) | ($321.5m) | |
| Proceeds from Issuance of Common Stock | $59.3m | $109.2m | $157.3m | $284.7m | $90.7m | $273.1m | $75.6m | $692.3m | $717.7m | $264.1m | |
| Common Stock Issuance | — | — | — | — | — | — | $75.6m | $692.3m | $717.7m | $264.1m | |
| Net Common Stock Issuance | — | — | — | — | — | — | $75.6m | $692.3m | $717.7m | $264.1m | |
| Proceeds from Noncontrolling Interests | — | — | — | — | — | — | — | — | $175k | $124k | |
| Dividends Payable | $1.5m | $1.4m | $27.7m | $30.7m | $32.7m | $46.9m | $56.0m | $62.4m | $74.0m | $84.7m | |
| Cash Dividends Paid | — | — | — | — | — | — | ($193.9m) | ($225.6m) | ($252.8m) | ($302.5m) | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($193.9m) | ($225.6m) | ($252.8m) | ($302.5m) | |
| Proceeds from (Payments for) Other Financing Activities | ($2.5m) | ($4.5m) | ($5.4m) | ($4.3m) | ($6.1m) | ($3.8m) | ($29.8m) | ($5.0m) | ($6.2m) | ($4.2m) | |
| Net Other Financing Charges | — | — | — | — | — | — | ($32.1m) | ($7.7m) | ($9.8m) | ($6.4m) | |
| Net Cash Provided by (Used in) Financing Activities | $48.1m | $23.9m | $77.1m | $247.3m | $91.8m | $277.1m | $200.3m | $272.1m | $285.0m | $79.0m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | — | — | — | ($4.3m) | $40.2m | ($22.7m) | ($16.5m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | — | — | $56k | $40.3m | $17.5m | $1.0m | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($4.3m) | $40.2m | ($22.7m) | ($16.5m) | |
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $33.6m | $33.6m | $33.5m | $30.8m | $32.4m | $31.7m | $34.1m | $47.2m | $37.2m | $30.6m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.