Tanger Inc. (SKT) Financial Statements
Industry: Real Estate Investment Trusts
In fiscal 2025, Tanger reported revenue of $581.6M, up 16.9% from $497.5M the year before. Net income was $114.8M (a 19.7% net margin), or $0.99 per diluted share. Operating activities generated $295.4M of cash. At fiscal year end, Tanger held $2.66B in total assets against $1.92B in total liabilities, including $18.1M of cash and equivalents.
Open the full interactive Tanger financials → Quarterly statements, key ratios, valuation history and price charts.
Tanger Key Stats
| Share Price | $34.71 |
|---|---|
| Market Cap | $4.02B |
| P/E Ratio | 35.1 |
| Dividend Yield | 3.43% |
| Revenue YoY Growth | +16.9% |
| 52-Week Range | $31.12 – $41.79 |
| Shares Outstanding | 114.5 million (basic, 2026 Q2) |
Tanger Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $390.0M | $426.5M | $421.4M | $438.9M | $497.5M | $581.6M |
| Cost of Goods Sold | — | — | $0 | $0 | $0 | — |
| Gross Profit | — | — | $421.4M | $438.9M | $497.5M | — |
| Operating Income | — | — | $421.4M | $438.9M | $497.5M | — |
| Pre-Tax Income | -$39.1M | $654,000 | $4.4M | $4.4M | $0 | $105.9M |
| Income Tax | -$2.9M | -$8.5M | — | — | — | -$8.9M |
| Net Income | -$36.3M | $9.1M | $4.4M | $4.4M | $0 | $114.8M |
| Diluted EPS | -$0.40 | $0.08 | -$0.04 | -$0.04 | -$0.04 | $0.99 |
Tanger Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $145.2M | $160.3M | $150.4M | $156.4M |
| Net Income | $32.0M | $33.5M | $28.3M | $33.2M |
| Diluted EPS | $0.28 | $0.29 | $0.24 | $0.29 |
Tanger Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | — | — | — | — | — | $18.1M |
| Total Assets | $2.19B | $2.16B | $2.22B | $2.32B | $2.38B | $2.66B |
| Total Liabilities | $1.83B | $1.66B | $1.70B | $1.73B | $1.70B | $1.92B |
| Shareholders' Equity | $341.4M | $477.9M | $491.6M | $566.8M | $652.4M | $706.5M |
Tanger Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $164.7M | $217.7M | — | — | — | $295.4M |
| Cash From Investing | -$18.8M | -$22.7M | — | — | — | -$263.5M |
| Cash From Financing | -$77.6M | -$118.4M | — | — | — | -$25.6M |
| Free Cash Flow | — | — | $0 | $0 | $0 | — |
| Dividends Paid | $66.6M | $72.4M | — | — | — | $132.2M |
Figures from Tanger's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Tanger financials page for every line item.
Tanger Company Profile
| Ticker | SKT |
|---|---|
| Exchange | NYSE |
| Industry | Real Estate Investment Trusts |
| Headquarters | Greensboro, North Carolina |
| Incorporated in | North Carolina |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000899715 |
Frequently Asked Questions
What was Tanger's revenue in fiscal 2025?
Tanger (SKT) reported revenue of $581.6M for fiscal 2025.
What is Tanger's annual revenue history?
Tanger's annual revenue by fiscal year: 2020: $390.0M; 2021: $426.5M; 2022: $421.4M; 2023: $438.9M; 2024: $497.5M; 2025: $581.6M.
What was Tanger's net income in fiscal 2025?
Tanger reported net income of $114.8M for fiscal 2025.
What was Tanger's earnings per share (EPS) in fiscal 2025?
Tanger's diluted EPS was $0.99 for fiscal 2025 (adjusted for any later stock splits).
What was Tanger's revenue last quarter?
In its most recent reported quarter (2026 Q2), Tanger reported revenue of $156.4M.
How many shares of Tanger are outstanding?
Tanger reported a weighted average of 114.5 million basic shares outstanding in 2026 Q2.
What is Tanger's market cap?
Based on its latest closing price, Tanger (SKT) has a market capitalization of about $4.02B.
When does Tanger's fiscal year end?
Tanger's fiscal year end, as registered with the SEC, is December 31.
Where is Tanger headquartered?
Tanger lists its business address in Greensboro, North Carolina in its SEC filings.