Tanger (SKT) Interest Expenses (2009 - 2026)
Tanger (SKT) reported Interest Expenses of $19.43 million for Q2 2026, up 18.5% from $16.4 million a year earlier and up 1.3% from the prior quarter.
Tanger (SKT) Interest Expenses (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Tanger's Interest Expenses came in at $72.29 million, up 15.2% year-over-year; for FY2025, it was $65.86 million, up 8.6% from FY2024.
- Interest Expenses has increased for three consecutive years, with a five-year compound annual growth rate of 0.8% (FY2020 to FY2025).
- By year, Interest Expenses came in at $60.64 million in FY2024 (+26.5%), $47.93 million in FY2023 (+2.0%), $46.97 million in FY2022 (-11.2%) and $52.87 million in FY2021 (-16.3%).
- The Q2 2026 figure ranks as the highest quarterly Interest Expenses since Q2 2016.
- Year over year, Interest Expenses has now increased in each of the last ten quarters, with growth averaging 16.7% over the last eight quarters.
- The high point for year-over-year Interest Expenses in five years was Q3 2024 (growth of 32.6%); the low point was Q4 2021 (a decline of 22.6%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $19.18 million (Q1 2026), $17.25 million (Q4 2025) and $16.44 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 166.01 Bn | 148.52 Bn | 1.39 Bn | - |
| 2 | Prologis | 121.16 Bn | 125.55 Bn | - | 276.31 Mn |
| 3 | Simon Property | 65.49 Bn | 66.75 Bn | - | 272.33 Mn |
| 4 | Realty Income | 51.38 Bn | 53.76 Bn | - | 312.08 Mn |
| 5 | Public Storage | 49.67 Bn | 48.75 Bn | - | 84.78 Mn |
| 6 | Ventas | 43.61 Bn | 42.81 Bn | - | 160.03 Mn |
| 7 | Extra Space Storage | 27.79 Bn | 27.79 Bn | 642.43 Mn | - |
| 8 | Vici Properties | 25.29 Bn | 23.41 Bn | 1.05 Bn | 209.93 Mn |
| 9 | Vivmark Residential | 22.78 Bn | 22.97 Bn | - | 82.46 Mn |
| 10 | Tanger | 3.94 Bn | 3.97 Bn | - | 19.43 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19.43 Mn |
| Mar 31, 2026 | 19.18 Mn |
| Dec 31, 2025 | 17.25 Mn |
| Sep 30, 2025 | 16.44 Mn |
| Jun 30, 2025 | 16.40 Mn |
| Mar 31, 2025 | 15.77 Mn |
| Dec 31, 2024 | 15.09 Mn |
| Sep 30, 2024 | 15.49 Mn |
| Jun 30, 2024 | 15.70 Mn |
| Mar 31, 2024 | 14.35 Mn |
| Dec 31, 2023 | 11.93 Mn |
| Sep 30, 2023 | 11.69 Mn |
| Jun 30, 2023 | 11.97 Mn |
| Mar 31, 2023 | 12.34 Mn |
| Dec 31, 2022 | 12.10 Mn |
| Sep 30, 2022 | 11.66 Mn |
| Jun 30, 2022 | 11.58 Mn |
| Mar 31, 2022 | 11.63 Mn |
| Dec 31, 2021 | 11.88 Mn |
| Sep 30, 2021 | 13.28 Mn |
Tanger Interest Expenses 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=interest-expenses&ticker=SKT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "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=interest-expenses&ticker=SKT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();