Tanger (SKT) Operating Income (2009 - 2018)
Tanger (SKT) reported Operating Income of -$8.8 million for Q3 2018, down 121.16% year-over-year from $41.4 million in Q3 2017, and down 123.0% quarter-over-quarter from $38.1 million in Q2 2018.
Tanger (SKT) Operating Income (2009 - 2018) Analysis & Trends
Tanger (SKT) has 10 years of Operating Income data on file, last reported at -$8.8 million in Q3 2018.
- Operating Income for Q3 2018 came in at -$8.8 million, down 121.16% year-over-year; the trailing twelve-month figure through Sep 2018 was $110.0 million (down 11.76% YoY), and the FY2017 annual result was $13.7 million, down 90.93% from the prior year.
- Operating Income declined to -$8.8 million in Q3 2018 per SKT's latest filing, from $38.1 million in the prior quarter.
- Over five years, Operating Income peaked at $43.6 million in Q4 2017 and troughed at -$8.8 million in Q3 2018.
- A 5-year average of $32.8 million and a median of $36.9 million in 2015 frame the typical range for Operating Income.
- On a YoY basis, Operating Income climbed as much as 416.68% in 2018 and fell as far as 121.16% in 2018.
- A 5-year view of Operating Income shows it stood at $35.6 million in 2014, then grew by 7.6% to $38.3 million in 2015, then slipped by 0.07% to $38.3 million in 2016, then gained by 13.95% to $43.6 million in 2017, then plunged by 120.09% to -$8.8 million in 2018.
- Business Quant data shows SKT's Operating Income at -$8.8 million in Q3 2018, $38.1 million in Q2 2018, and $37.1 million in Q1 2018.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Simon Property | 69.18 Bn | 69.56 Bn | 1.76 Bn | 890.67 Mn |
| 2 | Realty Income | 55.47 Bn | 56.16 Bn | - | - |
| 3 | Kimco Realty | 17.00 Bn | 17.03 Bn | 447.43 Mn | 197.30 Mn |
| 4 | Regency Centers | 14.85 Bn | 14.97 Bn | - | 296.39 Mn |
| 5 | Federal Realty Investment Trust | 10.68 Bn | 10.75 Bn | 265.49 Mn | 180.65 Mn |
| 6 | Agree Realty | 8.92 Bn | 8.90 Bn | - | 98.55 Mn |
| 7 | Nnn Reit | 8.68 Bn | 8.68 Bn | - | 146.65 Mn |
| 8 | Essential Properties Realty Trust | 6.37 Bn | 6.38 Bn | - | 89.65 Mn |
| 9 | Macerich | 6.30 Bn | 6.10 Bn | 158.29 Mn | -119.76 Mn |
| 10 | Tanger | 4.50 Bn | 4.52 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2018 | -8.76 Mn |
| Jun 30, 2018 | 38.07 Mn |
| Mar 31, 2018 | 37.08 Mn |
| Dec 31, 2017 | 43.60 Mn |
| Sep 30, 2017 | 41.38 Mn |
| Jun 30, 2017 | 7.37 Mn |
| Mar 31, 2017 | 37.65 Mn |
| Dec 31, 2016 | 38.26 Mn |
| Sep 30, 2016 | 39.88 Mn |
| Jun 30, 2016 | 38.34 Mn |
| Mar 31, 2016 | 34.80 Mn |
| Dec 31, 2015 | 38.29 Mn |
| Sep 30, 2015 | 36.38 Mn |
| Jun 30, 2015 | 36.89 Mn |
| Mar 31, 2015 | 32.90 Mn |
| Dec 31, 2014 | 35.59 Mn |
| Sep 30, 2014 | 35.28 Mn |
| Jun 30, 2014 | 32.63 Mn |
| Mar 31, 2014 | 28.37 Mn |
| Dec 31, 2013 | 35.92 Mn |