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
DateValue
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