SKT vs SPG vs KRG Stock Comparison

Tanger, Simon Property and Kite Realty Group Trust Prices as of Oct 29, 2026 Peers: Industry group
SKT Tanger Inc.
$37.01 +6.1% 1M +12.2% 1Y
Market cap
$4.20B
P/E
17.0x
Revenue (TTM)
$612.31M
Div. yield
–
Retail REITs Real Estate
3 wins
KRG Kite Realty Group Trust
$25.04 +1.3% 1M +12.5% 1Y
Market cap
$5.04B
P/E
14.9x
Revenue (TTM)
$806.16M
Div. yield
0.05%
Retail REITs Real Estate
4 wins

Head to Head

10 decided of 12

Kite Realty Group Trust leads on 4 of the 12 questions below (Kite Realty Group Trust 4, Simon Property 3, Tanger 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionSKTSPGKRGLeader
Larger companyMarket capitalisation $4.20B $70.61B $5.04B SPG
Cheaper on earningsLower P/E, profitable companies only 17.0x 15.1x 14.9x KRG
Cheaper on forward earningsLower price / next fiscal year consensus EPS 33.6x 31.4x 28.8x KRG
Faster revenue growthRevenue growth, trailing twelve months +11.4% +10.9% -5.6% SKT
More profitableNet margin, trailing twelve months 40.3% 70.5% 41.8% SPG
Better return on capitalReturn on invested capital — 15.6% — –
Less leveragedLower net debt / EBITDA 3.1x 5.7x — SKT
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.05% –
Better 1-year returnPrice return, last 12 months +12.2% +24.2% +12.5% SPG
Better 5-year returnAnnualised price return, 5 years +17.1%/yr +8.0%/yr +4.3%/yr SKT
Less volatileAnnualised volatility, 1 year 21.1% 19.2% 18.1% KRG
Higher overall scoreMean of the five percentile scores vs peers 60/100 55/100 65/100 KRG

Percentile Scorecard

SKTSPGKRG

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisSKTSPGKRG
Valuation 69 #46 of 145 22 #114 of 145 60 #58 of 145
Growth 78 #33 of 143 82 #26 of 143 54 #67 of 143
Profitability 98 #4 of 136 100 #1 of 136 81 #27 of 136
Financial Health 46 #75 of 138 26 #102 of 138 44 #78 of 138
Shareholder Returns 11 #117 of 131 46 #71 of 131 85 #20 of 131
Overall 60 55 65
  • SKT ranked among 149 companies in Property REITs
  • SPG ranked among 149 companies in Property REITs
  • KRG ranked among 149 companies in Property REITs

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodSKTSPGKRGSPY
1 month +6.1%+5.6%+1.3% +0.7%
3 months -9.7%-6.4%-13.4% +3.7%
6 months -0.2%+5.9%-4.3% +7.1%
Year to date +10.9%+16.5%+4.5% +12.8%
1 year +12.2%+24.2%+12.5% +11.9%
3 years +72.1%+104.8%+24.4% +85.2%
3 years, per year +19.9%+27.0%+7.6% +22.8%
5 years +120.3%+47.2%+23.3% +67.6%
5 years, per year +17.1%+8.0%+4.3% +10.9%
10 years +7.9%+18.0%+2.2% +262.0%
10 years, per year +0.8%+1.7%+0.2% +13.7%

Risk

MeasureSKTSPGKRGSPY
Volatility, 1Y 21.1%19.2%18.1% 12.7%
Downside volatility, 1Y 19.3%18.0%18.1% 12.6%
Beta vs S&P 500, 1Y 0.230.19-0.02 1.00
Return / volatility, 1Y 0.581.270.69 0.94
Max drawdown, 5Y -36.8%-48.8%-29.9% -25.4%
From 52-week high -12.1%-8.9%-16.0% -1.2%
52-week high $42.10$236.69$29.82 $779.14
52-week low $31.63$173.35$21.90 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleSKTSPGKRG
P/E now vs peer median 17.2xmedian 25.7x 14.9xmedian 25.7x 15.0xmedian 25.7x
P/S now vs peer median 6.9xmedian 4.1x 11.1xmedian 4.1x 6.2xmedian 4.1x
EV/EBITDA now vs peer median 12.3xmedian 14.3x 20.9xmedian 14.3x —median 14.3x
P/FCF now vs peer median 13.2xmedian 23.5x 29.5xmedian 23.5x 42.8xmedian 23.5x
P/B now vs peer median 6.1xmedian 1.3x 12.2xmedian 1.3x 1.7xmedian 1.3x
PEG now vs peer median 1.96median 1.86 0.50median 1.86 0.11median 1.86

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsSKTSPGKRG
Revenue $612.31M $6.65B $806.16M
Operating income – $3.21B –
Net income $246.96M $5.45B $345.59M
Free cash flow $323.28M $2.51B $117.09M
EPS (diluted) $2.13 $14.43 $1.66
Cash & equivalents $176.88M $542.96M $144.58M
Total debt $1.62B $28.25B $2.84B
Shares (diluted) 115.73M 324.96M 203.20M
Enterprise value $3.75B $66.46B $4.75B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricSKTSPGKRG
P/E 17.2x 14.9x 15.0x
P/FCF 13.2x 29.5x 42.8x
P/Operating cash flow 7.1x 17.9x 12.6x
P/S 6.9x 11.1x 6.2x
P/B 6.1x 12.2x 1.7x
P/Tangible book 6.1x 12.2x 1.7x
EV/EBITDA 12.3x 20.9x –
EV/EBIT 19.2x 31.7x –
EV/Revenue 9.3x 15.3x 9.6x
EV/FCF 17.5x 40.6x 65.9x
EV/Operating cash flow 9.5x 24.6x 19.3x
PEG (3Y EPS CAGR) 1.96 0.50 0.11

Growth

14 metrics
MetricSKTSPGKRG
Revenue growth (1Y) 11.4% 10.9% -5.6%
Revenue CAGR (3Y) 11.0% 7.5% -0.6%
Gross profit growth (1Y) – – –
Gross profit CAGR (3Y) – – –
Operating income growth (1Y) – 4.0% –
Operating income CAGR (3Y) – 6.9% –
Net income growth (1Y) 21.3% 130.6% 96.8%
Net income CAGR (3Y) 12.0% 30.0% 130.9%
EPS growth (1Y) 19.5% 129.8% 111.5%
EPS CAGR (3Y) 8.8% 29.7% 134.1%
Operating cash flow growth (1Y) 10.4% 7.1% -7.2%
Operating cash flow CAGR (3Y) 10.9% 2.9% -0.5%
Free cash flow growth (1Y) 63.7% -3.4% -30.3%
Free cash flow CAGR (3Y) 10.6% -4.8% -16.8%

Profitability

14 metrics
MetricSKTSPGKRG
Gross margin – – –
EBITDA margin 75.4% 73.3% –
Operating margin – 48.3% –
Pretax margin 36.4% 32.9% –
Net margin 40.3% 70.5% 41.8%
FCF margin 52.8% 37.7% 14.5%
Operating cash flow margin 97.5% 62.3% 49.5%
Return on equity 18.9% 87.0% 12.1%
Return on assets 4.6% 13.6% 5.5%
Return on invested capital – 15.6% –
Return on capital employed – – –
Asset turnover 0.2x 0.2x 0.1x
Cash conversion (OCF / net income) 2.4x 0.8x 1.2x
Stock comp / revenue 4.3% – 1.4%

Financial Health

11 metrics
MetricSKTSPGKRG
Debt / assets 56.6% 71.3% 45.4%
Debt / equity 2.3x 4.7x 1.0x
Net debt / EBITDA 3.1x 5.7x –
Debt / FCF 5.0x 11.3x 24.3x
Liabilities / assets 75.5% 84.7% 54.2%
Equity / assets 24.5% 15.3% 45.8%
Interest coverage 4.1x 3.1x –
Current ratio – – –
Quick ratio – – –
Cash ratio – – –
Altman Z-score – – –

Shareholder Returns

7 metrics
MetricSKTSPGKRG
Dividend yield 3.3% 4.1% 5.2%
Net buyback yield -1.2% 0.2% 8.9%
Shareholder yield 2.1% 4.4% 14.1%
Payout ratio (earnings) – – 77.2%
Payout ratio (FCF) – – 227.8%
Dividend growth (1Y) – – 15.7%
Dividend CAGR (3Y) – – 10.2%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusSKTSPGKRG
Forward P/E 33.6xFY2026 31.4xFY2026 28.8xFY2026
EPS, next fiscal year $1.10FY2026 $6.87FY2026 $0.87FY2026
EPS growth, next FY +11.1%FY2026 -51.5%FY2026 -36.5%FY2026
EPS growth, the year after +10.0% +8.4% -50.6%
Revenue, next fiscal year $638.63MFY2026 $7.17BFY2026 $750.31MFY2026
Revenue growth, next FY +15.9%FY2026 +12.8%FY2026 -9.7%FY2026
Revenue growth, the year after -9.1% -8.0% +12.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersSKTSPGKRG
Held by institutions 93.8% 93.2% 100.0%
Institutions holding 362 1,359 398
Change in shares held, QoQ +2.8% +3.8% -2.3%
Institutions buying 173 680 178
Institutions selling 122 463 146
Buyers to sellers 1.42 1.47 1.22

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

SKTSPGKRG
SKT 1.00 0.70 0.64
SPG 0.70 1.00 0.63
KRG 0.64 0.63 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, SKT, SPG and KRG?

Simon Property (SPG) is the largest by market capitalisation: Tanger (SKT) $4.20B, Simon Property (SPG) $70.61B, Kite Realty Group Trust (KRG) $5.04B.

Which stock is cheaper, SKT, SPG and KRG?

Kite Realty Group Trust (KRG) trades on the lowest price-to-earnings ratio (Tanger (SKT) 17.0x, Simon Property (SPG) 15.1x, Kite Realty Group Trust (KRG) 14.9x). On next year's consensus earnings, Kite Realty Group Trust (KRG) is cheapest (Tanger (SKT) 33.6x, Simon Property (SPG) 31.4x, Kite Realty Group Trust (KRG) 28.8x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Tanger (SKT) grew revenue fastest over the trailing twelve months: Tanger (SKT) +11.4%, Simon Property (SPG) +10.9%, Kite Realty Group Trust (KRG) -5.6%.

Which company is more profitable?

Simon Property (SPG) has the highest net margin (Tanger (SKT) 40.3%, Simon Property (SPG) 70.5%, Kite Realty Group Trust (KRG) 41.8%).

Which stock has performed better?

Over the past year Simon Property (SPG) returned the most: Tanger (SKT) +12.2%, Simon Property (SPG) +24.2%, Kite Realty Group Trust (KRG) +12.5%. Over five years, Tanger (SKT) compounded fastest (Tanger (SKT) +17.1%/yr, Simon Property (SPG) +8.0%/yr, Kite Realty Group Trust (KRG) +4.3%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Tanger (SKT) 0.00%, Simon Property (SPG) 0.00%, Kite Realty Group Trust (KRG) 0.05%. Tanger (SKT) and Simon Property (SPG) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Kite Realty Group Trust (KRG) has been the steadiest (Tanger (SKT) 21.1%, Simon Property (SPG) 19.2%, Kite Realty Group Trust (KRG) 18.1%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, SKT, SPG and KRG?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Kite Realty Group Trust (KRG) leads on 4. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.