EastGroup Properties, Inc. company logo
EastGroup Properties, Inc. logo

EastGroup Properties, Inc. (EGP) Interest Expense

Annual Interest Expense

$21.15M$9.04M-29.95%

Summary

Current Value
As of today, EGP annual interest expense is $21.15M, down -29.95% on
Historical Performance
EGP annual interest expense is down -26.14% over the past 3 years, and down -41.86% over the past 5 years
All-Time High Comparison
EGP annual interest expense is currently -48.40% below its historical high of $40.99M set on
3-Year Low Comparison
EGP annual interest expense is at its 3-year low
Sector Comparison
EGP annual interest expense is higher than 26.28% of companies in Real Estate sector

Interest Expense Chart

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Performance

EGP Performance
MetricDateValue1Y3Y5Y15Y
Annual Interest Expense$21.15M-29.9%-26.1%-41.9%-35.0%
Quarterly Interest Expense$4.98M-4.5%-53.8%-27.9%-43.7%
TTM Interest Expense$20.49M-6.6%-39.0%-34.3%-41.8%
Price$187.96+14.4%+16.8%+40.5%+351.9%
Annual Interest Coverage Ratio12.61+55.1%+89.6%+190.6%+585.3%
Annual EBIT$266.76M+8.6%+40.0%+69.0%+346.7%
Annual Total Debt$1.57B-7.9%+5.8%+30.5%+126.5%
Annual Revenue$640.23M+11.9%+56.5%+92.9%+271.5%

Interest Expense Highs

EGP Annual Interest Expense Highs Comparison
PeriodHighDateCurrent
3Y$40.99MN/A-48.4%
5Y$40.99M-48.4%
All$40.99M-48.4%

Interest Expense Lows

EGP Annual Interest Expense Lows Comparison
PeriodLowDateCurrent
3Y$21.15Mat low
5Y$21.15Mat low
All$0.00N/A

Interest Expense History

YearValueChange
$21.15M-29.9%
$30.19M-26.3%
$40.99M+43.1%
$28.64M-24.1%
$37.73M+3.7%
$36.38M-0.4%
$36.51M+11.1%
$32.86M+5.4%
$31.17M+2.6%
$30.39M-7.0%
$32.70M-5.3%
$34.52M-1.8%
$35.17M+1.3%
$34.71M-1.3%
$35.17M+8.2%
$32.52M+7.7%
$30.19M+10.5%
$27.31M+11.0%
$24.62M+5.0%
YearValueChange
$23.44M+15.2%
$20.35M+7.0%
$19.02M+9.4%
$17.39M-2.4%
$17.82M-4.0%
$18.57M+5.0%
$17.69M+4.4%
$16.95M+60.6%
$10.55M+18.2%
$8.93M+42.0%
$6.29M+67.8%
$3.75M+20.4%
$3.11M+13.2%
$2.75M-7.4%
$2.97M+13.6%
$2.62M+5.4%
$2.48M>+9,900.0%
$0.00-

FAQ

  • What is the current annual interest expense of EGP?

    As of today, EGP annual interest expense is $21.15M

  • What is 1-year change in EGP annual interest expense?

    EGP annual interest expense is down -29.95% year-over-year

  • What is 3-year change in EGP annual interest expense?

    EGP annual interest expense is down -26.14% over the past 3 years

  • How far is EGP annual interest expense from its all-time high?

    EGP annual interest expense is currently -48.40% below its historical high of $40.99M set on December 31, 2022

  • How does EGP annual interest expense rank versus sector peers?

    EGP annual interest expense is higher than 26.28% of companies in Real Estate sector

  • When is EGP next annual earnings release?

    The next annual earnings release for EGP is on

Interest Expense Formula

Interest Expense = Carrying Value of Debt × Effective Interest Rate

Data Sources & References

  1. EGP Official Website www.eastgroup.net
  2. Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/49600/000004960025000109/0000049600-25-000109-index.htm
  3. Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/49600/000004960025000019/0000049600-25-000019-index.htm
  4. EGP Profile on Yahoo Finance finance.yahoo.com/quote/EGP
  5. EGP Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/egp