Tanger (SKT) Operating Leases (2019 - 2026)
Tanger (SKT) reported Operating Leases of $91.2 million for Q1 2026, up 8.36% year-over-year from $84.1 million in Q1 2025, and little changed quarter-over-quarter from $91.6 million in Q4 2025.
Tanger (SKT) Operating Leases (2019 - 2026) Analysis & Trends
Tanger (SKT) has 8 years of Operating Leases data on file, last reported at $91.2 million in Q1 2026.
- Operating Leases for Q1 2026 came in at $91.2 million, up 8.36% year-over-year; the trailing twelve-month figure through Mar 2026 was $91.2 million (up 8.36% YoY), and the FY2025 annual result was $91.6 million, up 8.37% from the prior year.
- Operating Leases steadied at $91.2 million in Q1 2026 per SKT's latest filing, from $91.6 million in the prior quarter.
- Over five years, Operating Leases peaked at $91.6 million in Q4 2025 and troughed at $83.8 million in Q2 2025.
- A 5-year average of $87.1 million and a median of $86.9 million in 2023 frame the typical range for Operating Leases.
- On a YoY basis, Operating Leases climbed as much as 8.37% in 2025 and fell as far as 1.93% in 2025.
- A 5-year view of Operating Leases shows it stood at $87.5 million in 2022, then fell by 1.6% to $86.1 million in 2023, then dropped by 1.86% to $84.5 million in 2024, then gained by 8.37% to $91.6 million in 2025, then declined by 0.43% to $91.2 million in 2026.
- Business Quant data shows SKT's Operating Leases at $91.2 million in Q1 2026, $91.6 million in Q4 2025, and $90.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Simon Property | 69.18 Bn | 69.56 Bn | 1.76 Bn |
| 2 | Realty Income | 55.47 Bn | 56.16 Bn | - |
| 3 | Kimco Realty | 17.00 Bn | 17.03 Bn | 447.43 Mn |
| 4 | Regency Centers | 14.85 Bn | 14.97 Bn | - |
| 5 | Federal Realty Investment Trust | 10.68 Bn | 10.75 Bn | 265.49 Mn |
| 6 | Agree Realty | 8.92 Bn | 8.90 Bn | - |
| 7 | Nnn Reit | 8.68 Bn | 8.68 Bn | - |
| 8 | Essential Properties Realty Trust | 6.37 Bn | 6.38 Bn | - |
| 9 | Macerich | 6.30 Bn | 6.10 Bn | 158.29 Mn |
| 10 | Tanger | 4.50 Bn | 4.52 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 91.18 Mn |
| Dec 31, 2025 | 91.57 Mn |
| Sep 30, 2025 | 90.07 Mn |
| Jun 30, 2025 | 83.78 Mn |
| Mar 31, 2025 | 84.14 Mn |
| Dec 31, 2024 | 84.50 Mn |
| Sep 30, 2024 | 85.08 Mn |
| Jun 30, 2024 | 85.42 Mn |
| Mar 31, 2024 | 85.76 Mn |
| Dec 31, 2023 | 86.10 Mn |
| Sep 30, 2023 | 86.62 Mn |
| Jun 30, 2023 | 86.93 Mn |
| Mar 31, 2023 | 87.23 Mn |
| Dec 31, 2022 | 87.50 Mn |
| Sep 30, 2022 | 88.05 Mn |
| Jun 30, 2022 | 88.33 Mn |
| Mar 31, 2022 | 88.61 Mn |
| Dec 31, 2021 | 88.90 Mn |
| Sep 30, 2021 | 89.36 Mn |
| Jun 30, 2021 | 89.62 Mn |