Tanger (SKT) FCF Margin (2009 - 2026)
Tanger (SKT) recorded FCF Margin of 46.83% in Q2 2026, up 0.84 percentage points from 45.99% a year earlier and up 36.53 percentage points from the prior quarter.
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Analysis
Tanger (SKT) FCF Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Tanger's FCF Margin came in at 65.87% as of Jun 30, 2026, up 0.12 percentage points year-over-year; for FY2025, it was 70.57%, up 9.67 percentage points from FY2024.
- Annual FCF Margin has a five-year change of +0.72 percentage points (FY2020 to FY2025).
- Across earlier years, FCF Margin came in at 60.90% in FY2024 (+43.09 pp), 17.81% in FY2023 (-43.93 pp), 61.74% in FY2022 (-19.15 pp) and 80.90% in FY2021 (+11.04 pp).
- Quarterly FCF Margin has ranged from -0.34% in Q1 2023 to 200.53% in Q4 2021 over the past five years.
- On a year-over-year basis, FCF Margin rose in seven of the last eight quarters, with an average year-over-year change of +21.27 percentage points.
- Peak year-over-year performance for FCF Margin in the last five years was a gain of 119.96 percentage points in Q4 2024, against a drop of 128.79 percentage points in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 10.31% (Q1 2026), 163.14% (Q4 2025) and 36.55% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 166.01 Bn | 148.52 Bn | 1.39 Bn | 19.31% |
| 2 | Prologis | 121.16 Bn | 125.55 Bn | - | - |
| 3 | Simon Property | 65.49 Bn | 66.75 Bn | - | 52.96% |
| 4 | Realty Income | 51.38 Bn | 53.76 Bn | - | 70.29% |
| 5 | Public Storage | 49.67 Bn | 48.75 Bn | - | 65.90% |
| 6 | Ventas | 43.61 Bn | 42.81 Bn | - | 26.29% |
| 7 | Extra Space Storage | 27.79 Bn | 27.79 Bn | 642.43 Mn | 63.45% |
| 8 | Vici Properties | 25.29 Bn | 23.41 Bn | 1.05 Bn | 66.74% |
| 9 | Vivmark Residential | 22.78 Bn | 22.97 Bn | - | - |
| 10 | Tanger | 3.94 Bn | 3.97 Bn | - | 46.83% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 46.83% |
| Mar 31, 2026 | 10.31% |
| Dec 31, 2025 | 163.14% |
| Sep 30, 2025 | 36.55% |
| Jun 30, 2025 | 45.99% |
| Mar 31, 2025 | 23.00% |
| Dec 31, 2024 | 159.73% |
| Sep 30, 2024 | 30.70% |
| Jun 30, 2024 | 37.61% |
| Mar 31, 2024 | 5.08% |
| Dec 31, 2023 | 39.76% |
| Sep 30, 2023 | 4.22% |
| Jun 30, 2023 | 24.81% |
| Mar 31, 2023 | -0.34% |
| Dec 31, 2022 | 168.55% |
| Sep 30, 2022 | 12.23% |
| Jun 30, 2022 | 47.59% |
| Mar 31, 2022 | 11.93% |
| Dec 31, 2021 | 200.53% |
| Sep 30, 2021 | 36.01% |
API Access
Tanger FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=SKT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "SKT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=SKT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();