Tanger (SKT) FCF Payout Ratio (2009 - 2026)

Tanger (SKT) posted quarterly FCF Payout Ratio of 2.26 for Q1 2026, up 960.92% year-over-year from 0.21 in Q1 2025, and up 164.47% quarter-over-quarter from 3.51 in Q4 2025.

Tanger (SKT) FCF Payout Ratio (2009 - 2026) Analysis & Trends

Tanger (SKT) has reported FCF Payout Ratio for 18 consecutive years, with 2.26 the latest figure, recorded in Q1 2026.

  • In Q1 2026, FCF Payout Ratio rose 960.92% year-over-year to 2.26; the TTM figure through Mar 2026 stood at 0.54 (down 89.09% YoY), while the FY2025 annual figure was 1.18, up 80.48% from the prior year.
  • FCF Payout Ratio climbed to 2.26 in Q1 2026 per SKT's latest filing, from 3.51 in the prior quarter.
  • Across five years, FCF Payout Ratio topped out at 2.26 in Q1 2026 and bottomed at 3.51 in Q4 2025.
  • Historically, FCF Payout Ratio has averaged 0.22 across 5 years, with a median of 0.25 in 2022.
  • Annual changes were most pronounced in 2025 — FCF Payout Ratio slumped 766.76% — and 2026, when it soared 960.92%.
  • Tanger's FCF Payout Ratio stood at 0.91 in 2022, then plunged by 52.23% to 0.43 in 2023, then surged by 216.01% to 1.37 in 2024, then plunged by 355.45% to 3.51 in 2025, then soared by 164.47% to 2.26 in 2026.
  • Business Quant data shows SKT's FCF Payout Ratio at 2.26 in Q1 2026, 3.51 in Q4 2025, and 0.32 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 Simon Property 71.66 Bn 71.66 Bn 1.76 Bn -0.32
2 Realty Income 57.60 Bn 57.60 Bn - -1.00
3 Kimco Realty 16.10 Bn 16.10 Bn 455.67 Mn -
4 Federal Realty Investment Trust 10.06 Bn 10.06 Bn 271.22 Mn -
5 Agree Realty 8.80 Bn 8.78 Bn - -0.30
6 Nnn Reit 8.64 Bn 8.64 Bn - -0.78
7 Macerich 6.73 Bn 6.73 Bn 171.77 Mn -0.30
8 Essential Properties Realty Trust 6.51 Bn 6.51 Bn - -0.53
9 Kite Realty Group Trust 5.29 Bn 5.29 Bn - -
10 Tanger 4.41 Bn 4.41 Bn - 2.26

Historic Data

Download Data
DateValue
Mar 31, 2026 2.26
Dec 31, 2025 -3.51
Sep 30, 2025 -0.32
Jun 30, 2025 0.42
Mar 31, 2025 -0.26
Dec 31, 2024 1.37
Sep 30, 2024 0.47
Jun 30, 2024 0.87
Mar 31, 2024 0.04
Dec 31, 2023 0.43
Sep 30, 2023 0.65
Mar 31, 2023 0.01
Dec 31, 2022 0.91
Sep 30, 2022 0.09
Jun 30, 2022 -0.01
Mar 31, 2022 0.07
Dec 31, 2021 0.63
Sep 30, 2021 0.83
Jun 30, 2021 0.02
Mar 31, 2021 0.04