Tanger (SKT) FCF Margin (2009 - 2026)
Tanger (SKT) posted quarterly FCF Margin of 10.31% for Q1 2026, up 10099.0% year-over-year from N/an in Q1 2025, and down 9.59% quarter-over-quarter from 11.4% in Q4 2025.
Analysis
Tanger (SKT) FCF Margin (2009 - 2026) Analysis & Trends
Tanger (SKT) has reported FCF Margin for 18 consecutive years, with 10.31% the latest figure, recorded in Q1 2026.
- In Q1 2026, FCF Margin rose 10099.0% year-over-year to 10.31%; the TTM figure through Mar 2026 stood at 216.6% (up 18778.0% YoY), while the FY2025 annual figure was 111.64%, down 8407.0% from the prior year.
- FCF Margin fell to 10.31% in Q1 2026 per SKT's latest filing, from 11.4% in the prior quarter.
- Across five years, FCF Margin topped out at 132.28% in Q3 2025 and bottomed at 137.33% in Q4 2023.
- Historically, FCF Margin has averaged 24.19% across 5 years, with a median of 25.19% in 2024.
- Annual changes were most pronounced in 2023 — FCF Margin tumbled 21423 bps — and 2024, when it surged 12971 bps.
- Tanger's FCF Margin stood at 76.89% in 2022, then slumped by 279 bps to 137.33% in 2023, then surged by 94 bps to 7.63% in 2024, then jumped by 250 bps to 11.4% in 2025, then decreased by 10 bps to 10.31% in 2026.
- Business Quant data shows SKT's FCF Margin at 10.31% in Q1 2026, 11.4% in Q4 2025, and 132.28% in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Simon Property | 68.54 Bn | 68.54 Bn | 1.76 Bn | 52.96% |
| 2 | Realty Income | 57.28 Bn | 57.28 Bn | - | -48.82% |
| 3 | Kimco Realty | 16.14 Bn | 16.14 Bn | 455.67 Mn | - |
| 4 | Federal Realty Investment Trust | 10.18 Bn | 10.18 Bn | 271.22 Mn | - |
| 5 | Agree Realty | 8.71 Bn | 8.70 Bn | - | -159.29% |
| 6 | Nnn Reit | 8.55 Bn | 8.55 Bn | - | -59.57% |
| 7 | Essential Properties Realty Trust | 6.48 Bn | 6.48 Bn | - | -78.20% |
| 8 | Macerich | 6.41 Bn | 6.41 Bn | 171.77 Mn | -69.91% |
| 9 | Kite Realty Group Trust | 5.30 Bn | 5.30 Bn | - | - |
| 10 | Tanger | 4.31 Bn | 4.31 Bn | - | 33.67% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 33.67% |
| Mar 31, 2026 | 10.31% |
| Dec 31, 2025 | 60.94% |
| Sep 30, 2025 | 39.87% |
| Jun 30, 2025 | 56.58% |
| Mar 31, 2025 | -90.68% |
| Dec 31, 2024 | 45.93% |
| Sep 30, 2024 | 30.70% |
| Jun 30, 2024 | 37.61% |
| Mar 31, 2024 | 5.08% |
| Dec 31, 2023 | -48.73% |
| Sep 30, 2023 | 4.22% |
| Jun 30, 2023 | 24.81% |
| Mar 31, 2023 | -0.34% |
| Dec 31, 2022 | 51.22% |
| Sep 30, 2022 | 12.23% |
| Jun 30, 2022 | 47.59% |
| Mar 31, 2022 | 11.93% |
| Dec 31, 2021 | 46.63% |
| Sep 30, 2021 | 36.01% |