Here are the 10-K annual reports from EastGroup Properties Inc. (EGP) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow EGP and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full EGP filings page.
EastGroup Properties, Inc., an industrial-focused REIT, reports solid 2025 growth while maintaining high occupancy in its Sunbelt portfolio. The company owned 550 industrial properties totaling about 65 million square feet across 12 states, with its operating portfolio 97.0% leased and 96.5% occupied as of December 31, 2025.
Net income attributable to common stockholders was $257.4 million, or $4.87 per diluted share, up from $4.66 in 2024. Funds from operations (FFO) attributable to common stockholders rose to $474.3 million, or $8.98 per diluted share, compared with $8.35 in 2024. Same-property net operating income excluding lease termination fees increased 7.0%, supported by same-property average occupancy of 96.5%.
The company executed leases on 9.27 million square feet, about 15.1% of its portfolio, achieving average cash rent increases of 40.1% on new and renewal leases. During 2025, it acquired 739,000 square feet of operating properties and 300.4 acres of development land for $261.7 million, and started or continued development on 1,439,000 square feet while transferring 2,109,000 square feet from development into the operating portfolio.
EastGroup’s development and value-add pipeline comprised 17 projects totaling 3.47 million square feet with projected cost of $499.9 million, of which $161.3 million remained to be invested and 18.8% was leased as of year-end. The company primarily funds growth through $675 million of unsecured credit facilities and supplements this with equity issuances and fixed-rate unsecured debt, including interest-rate swaps. In May 2025, Moody’s affirmed EastGroup’s Baa2 issuer rating and revised the outlook to positive.