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
DateValue
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%