Tanger Factory Outlet Centers, Inc. | Mid-cap | Real Estate

Financial Overview

Latest Annual: 2024

Income 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

Metric20242023202220212020
Revenue526.1M464.4M442.6M426.5M390.0M
Cost of Goods Sold158.7M145.5M143.9M140.7M137.1M
Gross Profit367.3M318.9M298.7M285.8M252.9M
Operating Expenses78.0M76.1M71.5M65.8M47.7M
Operating Income150.6M133.8M115.2M110.0M88.0M
Pre-tax Income102.8M103.9M85.8M9.6M-38.0M
Income Tax-----
Net Income102.8M103.9M85.8M9.6M-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

Metric20242023202220212020
Assets
Current Assets47.0M22.0M264.6M161.3M84.8M
Non-Current Assets2.3B2.3B2.0B2.0B2.1B
Total Assets2.4B2.3B2.2B2.2B2.2B
Liabilities
Current Liabilities107.8M131.5M104.7M93.0M88.3M
Non-Current Liabilities1.6B1.6B1.6B1.6B1.7B
Total Liabilities1.7B1.7B1.7B1.7B1.8B
Equity
Total Shareholders Equity679.7M591.3M513.9M499.8M358.9M

Balance Sheet Composition

Tanger Factory Cash Flow Statement From 2020 to 2024

Metric20242023202220212020
Operating Activities
Net Income102.8M103.9M85.8M9.6M-38.0M
Operating Cash Flow260.0M236.0M215.3M147.8M96.4M
Investing Activities
Capital Expenditures-----
Investing Cash Flow-5.2M31.1M-45.9M-5.3M724.0K
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 Flow260.7M229.6M214.0M217.7M164.7M

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

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
skt3.5B36.005.4616.04%17.37%249.83
Simon Property 60.4B25.5020.3867.31%34.25%773.47
Realty Income 52.7B53.061.352.51%18.10%69.96
Federal Realty 8.2B27.132.699.45%24.70%133.51
Agree Realty 7.9B40.661.443.55%30.05%52.67
NNN REIT 8.2B20.291.879.35%45.09%103.10

Financial data is updated regularly. All figures are in the company's reporting currency.