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| Date | Value |
|---|---|
| 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% |