Tanger (SKT) Operating Margin (2009 - 2018)

Tanger (SKT) posted quarterly Operating Margin of 7.05% for Q3 2018, down 4132.0% year-over-year from 0.17% in Q3 2017, and down 122.16% quarter-over-quarter from 31.8% in Q2 2018.

Tanger (SKT) Operating Margin (2009 - 2018) Analysis & Trends

Tanger (SKT) has reported Operating Margin for 10 consecutive years, with 7.05% the latest figure, recorded in Q3 2018.

  • In Q3 2018, Operating Margin fell 4132.0% year-over-year to 7.05%; the TTM figure through Sep 2018 stood at 22.27% (down 968.0% YoY), while the FY2017 annual figure was 32.92%, down 10877.0% from the prior year.
  • Operating Margin fell to 7.05% in Q3 2018 per SKT's latest filing, from 31.8% in the prior quarter.
  • Across five years, Operating Margin topped out at 34.47% in Q4 2017 and bottomed at 7.05% in Q3 2018.
  • Historically, Operating Margin has averaged 30.2% across 5 years, with a median of 31.92% in 2014.
  • Annual changes were most pronounced in 2017 — Operating Margin jumped 375 bps — and 2018, when it sank 4132 bps.
  • Tanger's Operating Margin stood at 32.84% in 2014, then gained by 3 bps to 33.95% in 2015, then declined by 10 bps to 30.72% in 2016, then rose by 12 bps to 34.47% in 2017, then slumped by 120 bps to 7.05% in 2018.
  • Business Quant data shows SKT's Operating Margin at 7.05% in Q3 2018, 31.8% in Q2 2018, and 30.02% in Q1 2018.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Simon Property 72.30 Bn 72.30 Bn 1.76 Bn 49.72%
2 Realty Income 57.57 Bn 57.57 Bn - -
3 Kimco Realty 16.11 Bn 16.11 Bn 455.67 Mn 35.61%
4 Federal Realty Investment Trust 10.06 Bn 10.06 Bn 271.22 Mn 41.30%
5 Agree Realty 8.82 Bn 8.81 Bn - 46.47%
6 Nnn Reit 8.66 Bn 8.66 Bn - 61.97%
7 Macerich 6.70 Bn 6.70 Bn 171.77 Mn -42.31%
8 Essential Properties Realty Trust 6.51 Bn 6.51 Bn - 64.50%
9 Kite Realty Group Trust 5.30 Bn 5.30 Bn - -
10 Tanger 4.42 Bn 4.42 Bn - -

Historic Data

Download Data
DateValue
Sep 30, 2018 -7.05%
Jun 30, 2018 31.80%
Mar 31, 2018 30.02%
Dec 31, 2017 34.47%
Sep 30, 2017 34.27%
Jun 30, 2017 31.85%
Mar 31, 2017 31.02%
Dec 31, 2016 30.72%
Sep 30, 2016 33.47%
Jun 30, 2016 34.44%
Mar 31, 2016 31.41%
Dec 31, 2015 33.95%
Sep 30, 2015 32.22%
Jun 30, 2015 34.24%
Mar 31, 2015 31.06%
Dec 31, 2014 32.84%
Sep 30, 2014 33.54%
Jun 30, 2014 31.92%
Mar 31, 2014 27.60%
Dec 31, 2013 33.46%