Tanger (SKT) Interest Coverage Ratio (2009 - 2026)
Tanger (SKT) posted quarterly Interest Coverage Ratio of 2.04 for Q1 2026, up 15.15% year-over-year from 1.77 in Q1 2025, and down 26.9% quarter-over-quarter from 2.79 in Q4 2025.
Tanger (SKT) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Tanger (SKT) has reported Interest Coverage Ratio for 18 consecutive years, with 2.04 the latest figure, recorded in Q1 2026.
- In Q1 2026, Interest Coverage Ratio rose 15.15% year-over-year to 2.04; the TTM figure through Mar 2026 stood at 2.52 (up 7.23% YoY), while the FY2025 annual figure was 2.61, up 3.98% from the prior year.
- Interest Coverage Ratio retreated to 2.04 in Q1 2026 per SKT's latest filing, from 2.79 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 3.66 in Q4 2023 and bottomed at 1.77 in Q1 2025.
- Historically, Interest Coverage Ratio has averaged 2.56 across 5 years, with a median of 2.52 in 2024.
- On a YoY basis, Interest Coverage Ratio climbed as much as 72454.08% in 2022 and fell as far as 35.72% in 2022.
- Tanger's Interest Coverage Ratio stood at 2.44 in 2022, then soared by 50.1% to 3.66 in 2023, then retreated by 14.2% to 3.14 in 2024, then decreased by 11.14% to 2.79 in 2025, then declined by 26.9% to 2.04 in 2026.
- Business Quant data shows SKT's Interest Coverage Ratio at 2.04 in Q1 2026, 2.79 in Q4 2025, and 2.77 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Simon Property | 72.57 Bn | 72.57 Bn | 1.76 Bn | 3.27 |
| 2 | Realty Income | 57.91 Bn | 57.91 Bn | - | 1.95 |
| 3 | Kimco Realty | 16.13 Bn | 16.13 Bn | 455.67 Mn | 2.34 |
| 4 | Federal Realty Investment Trust | 10.07 Bn | 10.07 Bn | 271.22 Mn | 2.77 |
| 5 | Agree Realty | 8.87 Bn | 8.86 Bn | - | 1.12 |
| 6 | Nnn Reit | 8.69 Bn | 8.69 Bn | - | 2.83 |
| 7 | Macerich | 6.68 Bn | 6.68 Bn | 171.77 Mn | -0.96 |
| 8 | Essential Properties Realty Trust | 6.54 Bn | 6.54 Bn | - | 3.45 |
| 9 | Kite Realty Group Trust | 5.30 Bn | 5.30 Bn | - | - |
| 10 | Tanger | 4.43 Bn | 4.43 Bn | - | 2.04 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.04 |
| Dec 31, 2025 | 2.79 |
| Sep 30, 2025 | 2.77 |
| Jun 30, 2025 | 2.73 |
| Mar 31, 2025 | 1.77 |
| Dec 31, 2024 | 3.14 |
| Sep 30, 2024 | 2.52 |
| Jun 30, 2024 | 2.46 |
| Mar 31, 2024 | 2.01 |
| Dec 31, 2023 | 3.66 |
| Sep 30, 2023 | 2.97 |
| Jun 30, 2023 | 2.97 |
| Mar 31, 2023 | 2.25 |
| Dec 31, 2022 | 2.44 |
| Sep 30, 2022 | 2.72 |
| Jun 30, 2022 | 2.38 |
| Mar 31, 2022 | 1.97 |
| Dec 31, 2021 | 3.79 |
| Sep 30, 2021 | 0.00 |
| Jun 30, 2021 | 0.99 |