Tanger (SKT) Operating Leases (2019 - 2026)
Tanger (SKT) posted quarterly 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 reported Operating Leases for 8 consecutive years, with $91.2 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Leases rose 8.36% year-over-year to $91.2 million; the TTM figure through Mar 2026 stood at $91.2 million (up 8.36% YoY), while the FY2025 annual figure 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.
- Across five years, Operating Leases topped out at $91.6 million in Q4 2025 and bottomed at $83.8 million in Q2 2025.
- Historically, Operating Leases has averaged $87.1 million across 5 years, with a median of $86.9 million in 2023.
- On a YoY basis, Operating Leases climbed as much as 8.37% in 2025 and fell as far as 1.93% in 2025.
- Tanger's Operating Leases stood at $87.5 million in 2022, then retreated by 1.6% to $86.1 million in 2023, then declined by 1.86% to $84.5 million in 2024, then advanced by 8.37% to $91.6 million in 2025, then fell 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 | 72.57 Bn | 72.57 Bn | 1.76 Bn |
| 2 | Realty Income | 57.91 Bn | 57.91 Bn | - |
| 3 | Kimco Realty | 16.13 Bn | 16.13 Bn | 455.67 Mn |
| 4 | Federal Realty Investment Trust | 10.07 Bn | 10.07 Bn | 271.22 Mn |
| 5 | Agree Realty | 8.87 Bn | 8.86 Bn | - |
| 6 | Nnn Reit | 8.69 Bn | 8.69 Bn | - |
| 7 | Macerich | 6.68 Bn | 6.68 Bn | 171.77 Mn |
| 8 | Essential Properties Realty Trust | 6.54 Bn | 6.54 Bn | - |
| 9 | Kite Realty Group Trust | 5.30 Bn | 5.30 Bn | - |
| 10 | Tanger | 4.43 Bn | 4.43 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 |