Tanger Factory (SKT) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
526.1M
Gross Profit
367.3M
69.83%
Operating Income
150.6M
28.63%
Net Income
102.8M
19.53%
EPS (Diluted)
$0.88
Balance Sheet Metrics
Total Assets
2.4B
Total Liabilities
1.7B
Shareholders Equity
679.7M
Debt to Equity
2.50
Cash Flow Metrics
Operating Cash Flow
260.0M
Free Cash Flow
260.7M
Revenue & Profitability Trend
Tanger Factory Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 526.1M | 464.4M | 442.6M | 426.5M | 390.0M |
| Cost of Goods Sold | 158.7M | 145.5M | 143.9M | 140.7M | 137.1M |
| Gross Profit | 367.3M | 318.9M | 298.7M | 285.8M | 252.9M |
| Operating Expenses | 78.0M | 76.1M | 71.5M | 65.8M | 47.7M |
| Operating Income | 150.6M | 133.8M | 115.2M | 110.0M | 88.0M |
| Pre-tax Income | 102.8M | 103.9M | 85.8M | 9.6M | -38.0M |
| Income Tax | - | - | - | - | - |
| Net Income | 102.8M | 103.9M | 85.8M | 9.6M | -38.0M |
| EPS (Diluted) | $0.88 | $0.92 | $0.77 | $0.08 | -$0.40 |
Income Statement Trend
Tanger Factory Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 47.0M | 22.0M | 264.6M | 161.3M | 84.8M |
| Non-Current Assets | 2.3B | 2.3B | 2.0B | 2.0B | 2.1B |
| Total Assets | 2.4B | 2.3B | 2.2B | 2.2B | 2.2B |
| Liabilities | |||||
| Current Liabilities | 107.8M | 131.5M | 104.7M | 93.0M | 88.3M |
| Non-Current Liabilities | 1.6B | 1.6B | 1.6B | 1.6B | 1.7B |
| Total Liabilities | 1.7B | 1.7B | 1.7B | 1.7B | 1.8B |
| Equity | |||||
| Total Shareholders Equity | 679.7M | 591.3M | 513.9M | 499.8M | 358.9M |
Balance Sheet Composition
Tanger Factory Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 102.8M | 103.9M | 85.8M | 9.6M | -38.0M |
| Operating Cash Flow | 260.0M | 236.0M | 215.3M | 147.8M | 96.4M |
| Investing Activities | |||||
| Capital Expenditures | - | - | - | - | - |
| Investing Cash Flow | -5.2M | 31.1M | -45.9M | -5.3M | 724.0K |
| Financing Activities | |||||
| Dividends Paid | -120.2M | -103.8M | -84.2M | -72.4M | -66.6M |
| Financing Cash Flow | -49.6M | -7.5M | -64.3M | -118.6M | -77.6M |
| Free Cash Flow | 260.7M | 229.6M | 214.0M | 217.7M | 164.7M |
Cash Flow Trend
Tanger Factory Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
36.00
Forward P/E
34.77
Price to Book
5.46
Price to Sales
6.31
PEG Ratio
34.77
Profitability Ratios
Profit Margin
17.37%
Operating Margin
28.89%
Return on Equity
16.04%
Return on Assets
4.31%
Financial Health
Current Ratio
1.77
Debt to Equity
249.83
Beta
1.18
Per Share Data
EPS (TTM)
$0.85
Book Value per Share
$5.60
Revenue per Share
$4.98
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| skt | 3.5B | 36.00 | 5.46 | 16.04% | 17.37% | 249.83 |
| Simon Property | 60.4B | 25.50 | 20.38 | 67.31% | 34.25% | 773.47 |
| Realty Income | 52.7B | 53.06 | 1.35 | 2.51% | 18.10% | 69.96 |
| Federal Realty | 8.2B | 27.13 | 2.69 | 9.45% | 24.70% | 133.51 |
| Agree Realty | 7.9B | 40.66 | 1.44 | 3.55% | 30.05% | 52.67 |
| NNN REIT | 8.2B | 20.29 | 1.87 | 9.35% | 45.09% | 103.10 |
Financial data is updated regularly. All figures are in the company's reporting currency.