Tanger (SKT) Free Cash Flow (2009 - 2026)
Tanger (SKT) posted quarterly Free Cash Flow of $15.5 million for Q1 2026, up 112.63% year-over-year from $7.3 million in Q1 2025, and up 142.42% quarter-over-quarter from -$36.6 million in Q4 2025.
Tanger (SKT) Free Cash Flow (2009 - 2026) Analysis & Trends
Tanger (SKT) has reported Free Cash Flow for 18 consecutive years, with $15.5 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Free Cash Flow rose 112.63% year-over-year to $15.5 million; the TTM figure through Mar 2026 stood at $250.6 million (up 718.38% YoY), while the FY2025 annual figure was $112.4 million, down 39.08% from the prior year.
- Free Cash Flow advanced to $15.5 million in Q1 2026 per SKT's latest filing, from -$36.6 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $192.1 million in Q3 2025 and bottomed at -$175.1 million in Q4 2023.
- Historically, Free Cash Flow has averaged $28.8 million across 5 years, with a median of $31.1 million in 2024.
- Annual changes were most pronounced in 2024 — Free Cash Flow soared 3456.6% — and 2025, when it sank 494.95%.
- Tanger's Free Cash Flow stood at $89.6 million in 2022, then slumped by 295.49% to -$175.1 million in 2023, then surged by 112.68% to $22.2 million in 2024, then sank by 264.69% to -$36.6 million in 2025, then jumped by 142.42% to $15.5 million in 2026.
- Business Quant data shows SKT's Free Cash Flow at $15.5 million in Q1 2026, -$36.6 million in Q4 2025, and $192.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Simon Property | 72.53 Bn | 72.53 Bn | 1.76 Bn | 948.84 Mn |
| 2 | Realty Income | 57.91 Bn | 57.91 Bn | - | -755.59 Mn |
| 3 | Kimco Realty | 16.14 Bn | 16.14 Bn | 455.67 Mn | - |
| 4 | Federal Realty Investment Trust | 10.07 Bn | 10.07 Bn | 271.22 Mn | - |
| 5 | Agree Realty | 8.87 Bn | 8.86 Bn | - | -326.70 Mn |
| 6 | Nnn Reit | 8.69 Bn | 8.69 Bn | - | -145.51 Mn |
| 7 | Macerich | 6.68 Bn | 6.68 Bn | 171.77 Mn | -174.57 Mn |
| 8 | Essential Properties Realty Trust | 6.54 Bn | 6.54 Bn | - | -126.60 Mn |
| 9 | Kite Realty Group Trust | 5.30 Bn | 5.30 Bn | - | - |
| 10 | Tanger | 4.43 Bn | 4.43 Bn | - | 15.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 15.50 Mn |
| Mar 31, 2026 | 15.50 Mn |
| Dec 31, 2025 | -36.55 Mn |
| Dec 31, 2025 | -36.55 Mn |
| Sep 30, 2025 | 192.08 Mn |
| Sep 30, 2025 | 192.08 Mn |
| Jun 30, 2025 | 79.60 Mn |
| Jun 30, 2025 | 79.60 Mn |
| Mar 31, 2025 | -122.75 Mn |
| Mar 31, 2025 | -122.75 Mn |
| Dec 31, 2024 | 22.20 Mn |
| Dec 31, 2024 | 22.20 Mn |
| Sep 30, 2024 | 64.14 Mn |
| Sep 30, 2024 | 64.14 Mn |
| Jun 30, 2024 | 67.04 Mn |
| Jun 30, 2024 | 67.04 Mn |
| Mar 31, 2024 | 31.08 Mn |
| Mar 31, 2024 | 31.08 Mn |
| Dec 31, 2023 | -175.07 Mn |
| Dec 31, 2023 | -175.07 Mn |