Tanger Inc. (SKT)
NYSE: SKT · Real-Time Price · USD
38.70
+0.31 (0.81%)
Nov 6, 2026, 4:00 PM EST - Market closed
Tanger Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Rental Revenue | 591.82 | 550.9 | 497.52 | 438.89 | 421.42 | 407.77 |
Property Management Fees | 9.44 | 9.77 | 9.65 | 8.66 | 7.16 | 6.41 |
Other Revenue | 38.75 | 34.47 | 30.19 | 25.1 | 22.63 | 21.25 |
| 640.01 | 595.14 | 537.35 | 472.65 | 451.21 | 435.43 | |
Revenue Growth (YoY | 11.28% | 10.76% | 13.69% | 4.75% | 3.62% | 10.46% |
Property Expenses | 171.47 | 158.7 | 139.46 | 126.94 | 126.29 | 120.1 |
Selling, General & Administrative | 101.02 | 96.52 | 95.74 | 95.54 | 89.18 | 86.45 |
Depreciation & Amortization | 164.39 | 150.98 | 138.69 | 108.89 | 111.9 | 110.01 |
Total Operating Expenses | 436.88 | 406.2 | 373.89 | 331.37 | 327.37 | 316.56 |
Operating Income | 203.12 | 188.94 | 163.47 | 141.28 | 123.84 | 118.87 |
Interest Expense | -75.19 | -65.86 | -60.64 | -47.93 | -46.97 | -52.87 |
Currency Exchange Gain (Loss) | - | - | - | - | - | -3.6 |
Other Non-Operating Income | 5.93 | 0.67 | 1.48 | 9.73 | 6.03 | 2.01 |
EBT Excluding Unusual Items | 133.87 | 123.75 | 104.31 | 103.08 | 82.9 | 64.41 |
Gain (Loss) on Sale of Assets | - | - | - | - | 3.16 | - |
Asset Writedown | - | -4.25 | - | - | - | -6.99 |
Other Unusual Items | - | - | - | - | -0.22 | -47.86 |
Pretax Income | 133.87 | 119.5 | 102.76 | 103.88 | 85.83 | 9.56 |
Earnings From Continuing Operations | 133.87 | 119.5 | 102.76 | 103.88 | 85.83 | 9.56 |
Minority Interest in Earnings | -5.25 | -4.73 | -4.17 | -4.73 | -3.77 | -0.44 |
Net Income | 128.61 | 114.78 | 98.6 | 99.15 | 82.06 | 9.12 |
Preferred Dividends & Other Adjustments | 0.95 | 0.87 | 0.92 | 1.19 | 0.87 | 0.8 |
Net Income to Common | 127.67 | 113.9 | 97.68 | 97.97 | 81.19 | 8.31 |
Net Income Growth | 19.40% | 16.61% | -0.30% | 20.66% | 876.59% | - |
Basic Shares Outstanding | 114 | 113 | 109 | 105 | 104 | 100 |
Diluted Shares Outstanding | 116 | 115 | 111 | 107 | 106 | 102 |
Shares Change | 1.61% | 3.28% | 4.27% | 0.85% | 3.59% | 10.11% |
EPS (Basic) | 1.12 | 1.01 | 0.89 | 0.94 | 0.78 | 0.08 |
EPS (Diluted) | 1.10 | 0.99 | 0.88 | 0.92 | 0.77 | 0.08 |
EPS Growth | 16.99% | 12.50% | -4.35% | 19.48% | 862.50% | - |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Dividend Per Share | 1.230 | 1.170 | 1.100 | 1.010 | 0.840 | 0.720 |
Dividend Growth | 6.73% | 6.36% | 8.91% | 20.24% | 16.67% | 34.58% |
Operating Margin | 31.74% | 31.75% | 30.42% | 29.89% | 27.45% | 27.30% |
Profit Margin | 19.95% | 19.14% | 18.18% | 20.73% | 18.00% | 1.91% |
EBITDA | 340.53 | 320.08 | 285.59 | 242.01 | 225.56 | 218.47 |
EBITDA Margin | 53.21% | 53.78% | 53.15% | 51.20% | 49.99% | 50.17% |
D&A For Ebitda | 137.41 | 131.14 | 122.12 | 100.74 | 101.72 | 99.6 |
EBIT | 203.12 | 188.94 | 163.47 | 141.28 | 123.84 | 118.87 |
EBIT Margin | 31.74% | 31.75% | 30.42% | 29.89% | 27.45% | 27.30% |
Funds From Operations (FFO) | 300.15 | 277.99 | 245.45 | 218.45 | 201.52 | 138.11 |
FFO Per Share | 2.49 | 2.33 | 2.12 | 1.96 | 1.83 | 1.29 |
Adjusted Funds From Operations (AFFO) | - | 277.99 | 246.99 | 217.65 | 201.77 | 188.36 |
AFFO Per Share | - | 2.33 | 2.13 | 1.96 | 1.83 | 1.76 |
FFO Payout Ratio | - | 47.56% | 48.99% | 47.50% | 41.79% | 52.44% |
Revenue as Reported | 624.82 | 581.56 | 526.06 | 464.41 | 442.61 | 426.53 |