Tanger Factory Outlet Centers, Inc. (SKT) Financials

$34.03

north_east
$0.3 (0.89%)
Day's range
$33.61
Day's range
$34.4

SKT Income statement / Annual

Last year (2024), Tanger Inc.'s total revenue was $526.06 M, an increase of 13.28% from the previous year. In 2024, Tanger Inc.'s net income was $98.60 M. See Tanger Inc.,s key income statements, including revenue, expenses, profit, and income.

Period FY-2024 FY-2023 FY-2022 FY-2021 FY-2020 FY-2019 FY-2018 FY-2017 FY-2016 FY-2015
Period Ended 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Operating Revenue $526.06 M $464.41 M $442.61 M $426.53 M $389.99 M $486.19 M $494.68 M $488.23 M $465.83 M $439.37 M
Cost of Revenue $158.73 M $145.55 M $143.94 M $140.74 M $137.14 M $131.71 M $160.46 M $155.24 M $152.02 M $146.50 M
Gross Profit $367.33 M $318.86 M $298.68 M $285.79 M $252.86 M $354.48 M $334.22 M $333.00 M $313.82 M $292.87 M
Gross Profit Ratio 0.7 0.69 0.67 0.67 0.65 0.73 0.68 0.68 0.67 0.67
Research and Development Expenses $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.09 $0.15 $0.44 $0.00
General & Administrative Expenses $78.02 M $76.13 M $71.53 M $65.82 M $47.73 M $49.42 M $44.17 M $44.00 M $45.50 M $44.47 M
Selling & Marketing Expenses $0.00 $0.00 $0.00 $0.00 $0.00 $26.02 M $27.07 M $29.05 M $29.11 M $29.14 M
Selling, General & Administrative Expenses $78.02 M $76.13 M $71.53 M $65.82 M $47.73 M $75.44 M $71.23 M $73.05 M $74.60 M $73.61 M
Other Expenses $138.69 M $108.89 M $111.90 M $110.01 M $205.12 M $0.00 $131.72 M $2.72 M $1.03 M -$36.00 K
Operating Expenses $216.71 M $185.02 M $183.44 M $175.83 M $252.86 M $75.44 M $175.89 M $171.75 M $162.05 M $148.41 M
Cost And Expenses $375.44 M $330.57 M $327.37 M $316.56 M $389.99 M $207.15 M $336.35 M $326.98 M $314.07 M $294.91 M
Interest Income $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Interest Expense $60.64 M $47.93 M $46.97 M $52.87 M $63.14 M $61.67 M $64.82 M $64.83 M $60.67 M $54.19 M
Depreciation & Amortization $138.69 M $108.89 M $111.90 M $110.01 M $117.14 M $111.05 M $336.35 M $326.98 M $314.56 M $103.94 M
EBITDA $302.09 M $260.70 M $244.70 M $172.43 M $142.27 M $266.77 M $132.59 M $288.47 M $266.63 M $248.40 M
EBITDA Ratio 0.57 0.56 0.55 0.4 0.36 0.55 0.27 0.59 0.57 0.57
Operating Income Ratio 0.29 0.29 0.26 0.26 0 0.57 0.19 0.33 0.32 0.33
Total Other Income/Expenses Net -$47.86 M -$29.96 M -$29.41 M -$100.41 M -$38.01 M -$186.31 M -$112.77 M -$88.85 M $53.05 M $77.71 M
Income Before Tax $102.76 M $103.88 M $85.83 M $9.56 M -$38.01 M $92.73 M $45.56 M $71.88 M $204.33 M $222.17 M
Income Before Tax Ratio 0.2 0.22 0.19 0.02 -0.1 0.19 0.09 0.15 0.44 0.51
Income Tax Expense $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $51.65 M $0.00 $0.00 $0.00
Net Income $98.60 M $99.15 M $82.06 M $9.12 M -$36.28 M $87.86 M -$6.08 M $68.00 M $193.74 M $211.20 M
Net Income Ratio 0.19 0.21 0.19 0.02 -0.09 0.18 -0.01 0.14 0.42 0.48
EPS 0.89 0.94 0.37 -0.51 -1.1 0.23 -0.0652 0.71 2.02 2.2
EPS Diluted 0.88 0.92 0.36 -0.5 -1.1 0.23 -0.0652 0.71 2.01 2.2
Weighted Average Shares Out $108.97 M $104.68 M $103.69 M $100.42 M $92.62 M $92.81 M $93.31 M $94.51 M $95.10 M $94.70 M
Weighted Average Shares Out Diluted $111.08 M $106.53 M $105.64 M $101.98 M $92.62 M $92.81 M $93.31 M $94.52 M $95.35 M $94.76 M
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