Tanger (SKT) FCF Margin (2009 - 2026)
Tanger (SKT) reported FCF Margin of 10.31% for Q1 2026, down 1270.0% year-over-year from 0.88% in Q1 2025, and down 82.83% quarter-over-quarter from 60.02% in Q4 2025.
Tanger (SKT) FCF Margin (2009 - 2026) Analysis & Trends
Tanger (SKT) has 18 years of FCF Margin data on file, last reported at 10.31% in Q1 2026.
- FCF Margin for Q1 2026 came in at 10.31%, down 1270.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 45.91% (up 1098.0% YoY), and the FY2025 annual result was 49.79%, up 1406.0% from the prior year.
- FCF Margin slipped to 10.31% in Q1 2026 per SKT's latest filing, from 60.02% in the prior quarter.
- Over five years, FCF Margin peaked at 117.61% in Q4 2022 and troughed at 1.7% in Q2 2023.
- A 5-year average of 33.8% and a median of 23.14% in 2023 frame the typical range for FCF Margin.
- The sharpest annual moves came in 2023 and 2024: FCF Margin sank 11026 bps in 2023, then surged 5473 bps in 2024.
- A 5-year view of FCF Margin shows it stood at 117.61% in 2022, then tumbled by 94 bps to 7.35% in 2023, then jumped by 61 bps to 11.83% in 2024, then soared by 407 bps to 60.02% in 2025, then plunged by 83 bps to 10.31% in 2026.
- Business Quant data shows SKT's FCF Margin at 10.31% in Q1 2026, 60.02% in Q4 2025, and 67.15% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Simon Property | 69.18 Bn | 69.56 Bn | 1.76 Bn | 52.96% |
| 2 | Realty Income | 55.47 Bn | 56.16 Bn | - | 54.77% |
| 3 | Kimco Realty | 17.00 Bn | 17.03 Bn | 447.43 Mn | 47.63% |
| 4 | Regency Centers | 14.85 Bn | 14.97 Bn | - | 31.49% |
| 5 | Federal Realty Investment Trust | 10.68 Bn | 10.75 Bn | 265.49 Mn | -56.55% |
| 6 | Agree Realty | 8.92 Bn | 8.90 Bn | - | -133.14% |
| 7 | Nnn Reit | 8.68 Bn | 8.68 Bn | - | 18.62% |
| 8 | Essential Properties Realty Trust | 6.37 Bn | 6.38 Bn | - | -133.00% |
| 9 | Macerich | 6.30 Bn | 6.10 Bn | 158.29 Mn | 20.17% |
| 10 | Tanger | 4.50 Bn | 4.52 Bn | - | 10.31% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 10.31% |
| Dec 31, 2025 | 60.02% |
| Sep 30, 2025 | 67.15% |
| Jun 30, 2025 | 45.99% |
| Mar 31, 2025 | 23.00% |
| Dec 31, 2024 | 11.83% |
| Sep 30, 2024 | 49.00% |
| Jun 30, 2024 | 56.44% |
| Mar 31, 2024 | 25.19% |
| Dec 31, 2023 | 7.35% |
| Sep 30, 2023 | 4.22% |
| Jun 30, 2023 | 1.70% |
| Mar 31, 2023 | 23.14% |
| Dec 31, 2022 | 117.61% |
| Sep 30, 2022 | 12.23% |
| Jun 30, 2022 | 43.87% |
| Mar 31, 2022 | 15.55% |
| Dec 31, 2021 | 86.94% |
| Sep 30, 2021 | 36.01% |
| Jun 30, 2021 | 55.15% |