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
DateValue
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