Tanger (SKT) Interest Expenses (2009 - 2026)
Tanger (SKT) posted quarterly Interest Expenses of $25.0 million for Q1 2026, up 9.51% year-over-year from $22.8 million in Q1 2025, and up 44.72% quarter-over-quarter from $17.2 million in Q4 2025.
Tanger (SKT) Interest Expenses (2009 - 2026) Analysis & Trends
Tanger (SKT) has reported Interest Expenses for 18 consecutive years, with $25.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Interest Expenses rose 9.51% year-over-year to $25.0 million; the TTM figure through Mar 2026 stood at $75.1 million (up 15.01% YoY), while the FY2025 annual figure was $65.9 million, up 8.61% from the prior year.
- Interest Expenses grew to $25.0 million in Q1 2026 per SKT's latest filing, from $17.2 million in the prior quarter.
- Across five years, Interest Expenses topped out at $25.0 million in Q1 2026 and bottomed at $8.5 million in Q4 2023.
- Historically, Interest Expenses has averaged $16.0 million across 5 years, with a median of $15.7 million in 2024.
- Annual changes were most pronounced in 2022 — Interest Expenses surged 192.76% — and 2023, when it declined 29.68%.
- Tanger's Interest Expenses stood at $12.1 million in 2022, then slipped by 29.68% to $8.5 million in 2023, then surged by 32.44% to $11.3 million in 2024, then jumped by 53.1% to $17.2 million in 2025, then soared by 44.72% to $25.0 million in 2026.
- Business Quant data shows SKT's Interest Expenses at $25.0 million in Q1 2026, $17.2 million in Q4 2025, and $16.4 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Simon Property | 71.66 Bn | 71.66 Bn | 1.76 Bn | 272.33 Mn |
| 2 | Realty Income | 57.60 Bn | 57.60 Bn | - | 418.80 Mn |
| 3 | Kimco Realty | 16.10 Bn | 16.10 Bn | 455.67 Mn | 83.91 Mn |
| 4 | Federal Realty Investment Trust | 10.06 Bn | 10.06 Bn | 271.22 Mn | 50.01 Mn |
| 5 | Agree Realty | 8.80 Bn | 8.78 Bn | - | 85.40 Mn |
| 6 | Nnn Reit | 8.64 Bn | 8.64 Bn | - | 53.49 Mn |
| 7 | Macerich | 6.73 Bn | 6.73 Bn | 171.77 Mn | 110.50 Mn |
| 8 | Essential Properties Realty Trust | 6.51 Bn | 6.51 Bn | - | 30.27 Mn |
| 9 | Kite Realty Group Trust | 5.29 Bn | 5.29 Bn | - | 31.74 Mn |
| 10 | Tanger | 4.41 Bn | 4.41 Bn | - | 24.97 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 24.97 Mn |
| Mar 31, 2026 | 24.97 Mn |
| Dec 31, 2025 | 17.25 Mn |
| Dec 31, 2025 | 17.25 Mn |
| Sep 30, 2025 | 16.44 Mn |
| Sep 30, 2025 | 16.44 Mn |
| Jun 30, 2025 | 16.40 Mn |
| Jun 30, 2025 | 16.40 Mn |
| Mar 31, 2025 | 22.80 Mn |
| Mar 31, 2025 | 22.80 Mn |
| Dec 31, 2024 | 11.27 Mn |
| Dec 31, 2024 | 11.27 Mn |
| Sep 30, 2024 | 15.49 Mn |
| Sep 30, 2024 | 15.49 Mn |
| Jun 30, 2024 | 15.70 Mn |
| Jun 30, 2024 | 15.70 Mn |
| Mar 31, 2024 | 20.64 Mn |
| Mar 31, 2024 | 20.64 Mn |
| Dec 31, 2023 | 8.51 Mn |
| Dec 31, 2023 | 8.51 Mn |