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.
Analysis
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.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Simon Property | 68.54 Bn | 68.54 Bn | 1.76 Bn | 272.33 Mn |
| 2 | Realty Income | 57.28 Bn | 57.28 Bn | - | 312.08 Mn |
| 3 | Kimco Realty | 16.14 Bn | 16.14 Bn | 455.67 Mn | 83.91 Mn |
| 4 | Federal Realty Investment Trust | 10.18 Bn | 10.18 Bn | 271.22 Mn | 50.01 Mn |
| 5 | Agree Realty | 8.71 Bn | 8.70 Bn | - | 40.28 Mn |
| 6 | Nnn Reit | 8.55 Bn | 8.55 Bn | - | 53.49 Mn |
| 7 | Essential Properties Realty Trust | 6.48 Bn | 6.48 Bn | - | 30.27 Mn |
| 8 | Macerich | 6.41 Bn | 6.41 Bn | 171.77 Mn | - |
| 9 | Kite Realty Group Trust | 5.30 Bn | 5.30 Bn | - | 31.74 Mn |
| 10 | Tanger | 4.31 Bn | 4.31 Bn | - | 19.43 Mn |
Historic Data
Download Data
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 |