TangerSKT +1.30%78 EBITDA Margin % is 59.13% as of Mar. 2026, which is 6% above its 10-year median of 55.72. GuruFocus rates SKT with a GF Score™ of 78/100 and a GF Value™ of $34.11 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 750 REITs companies, Tanger ranks worse than 64.93% on this metric.
EBITDA Margin % is calculated as EBITDA divided by its Revenue. Tanger's EBITDA for the
three
months ended in Mar. 2026 was $88.9 Mil. Tanger's Revenue for the
three
months ended in Mar. 2026 was $150.4 Mil. Therefore, Tanger's EBITDA margin for the quarter that ended in Mar. 2026 was 59.13%.
Tanger (NYSE:SKT) EBITDA Margin % Explanation
EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.
Tanger EBITDA Margin % Related Terms
Tanger EBITDA Margin % Historical Data
* Premium members only.
The historical data trend for Tanger's EBITDA Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
SKT vs PECO, CURB, AKR: EBITDA Margin % Comparison
For the REIT - Retail subindustry, Tanger's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Tanger EBITDA Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Tanger's EBITDA Margin % distribution charts can be found below:
* The bar in red indicates where Tanger's EBITDA Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Tanger (SKT) has a EBITDA Margin % of 59.13% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Tanger and its competitors. This is near median its historical median of 55.72. Over the past decade, Tanger's EBITDA Margin % has ranged from 36.48 to 81.65. According to the industry distribution chart, Tanger ranks #487 out of 750 companies in the REITs industry, placing it in the top 64.9%.
Is Tanger's EBITDA Margin % too high?
Tanger's current EBITDA Margin % of 59.13% is near median its 10-year median of 55.72. Over the past 10 years, this metric has ranged from a low of 36.48 to a high of 81.65. The REITs industry median EBITDA Margin % is 69.61. Tanger's value of 59.13% is 15.1% below this industry median. Based on the distribution chart, Tanger ranks #487 out of 750 companies in the REITs industry, which is below the industry midpoint. Overall, Tanger has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tanger's EBITDA Margin % compare to PECO and CURB?
According to the REITs industry distribution chart, Tanger ranks #487 out of 750 companies for EBITDA Margin %. This places Tanger in the lower half of its industry. The industry median EBITDA Margin % is 69.61. Tanger's value of 59.13% is 15.1% below this benchmark. Historically, Tanger's own EBITDA Margin % has ranged from 36.48 to 81.65 over the past decade. While the company's 10-year median is 55.72 vs. the industry median of 69.61, Tanger has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for a REITs company?
The median EBITDA Margin % among REITs companies is 69.61, based on 750 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tanger's current EBITDA Margin % of 59.13% is 15.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Tanger and its competitors. For the REITs industry, the median EBITDA Margin % is 69.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tanger's current EBITDA Margin % is 59.13%, which is near median its own 10-year median of 55.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tanger stock overvalued right now?
Based on GuruFocus' analysis, Tanger (SKT) is currently considered Modestly Overvalued. The stock's GF Value™ is $34.11, compared to a current price of $40.54 — trading 18.9% above its estimated fair value. The current EBITDA Margin % is 59.13%, which is near median its 10-year median of 55.72 and 15.1% below the REITs industry median of 69.61. Tanger's overall GF Score™ is 78/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Tanger (SKT), the current EBITDA Margin % is 59.13% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Tanger (SKT) Overvalued in 2026?
Based on GuruFocus' analysis, Tanger stock appears to be overvalued.
The current stock price of $40.54 is trading 18.9% above its estimated GF Value™ of $34.11.
GuruFocus considers Tanger to be Modestly Overvalued.
Key valuation signals for SKT:
EBITDA Margin %: 59.13% (near median its 10-year median of 55.72)
GF Value™: $34.11 vs. price of $40.54 (18.9% above fair value)
Industry Position: 15.1% below the REITs median (#487 of 750)
No single metric tells the full story. See the SKT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tanger Inc is an owner and operator of outlet and open-air centers in the United States and Canada. It is a fully-integrated, self-administered and self-managed REIT, which focuses on developing, acquiring, owning, operating and managing outlet and open-air shopping centers. Its consolidated portfolio consisted of 31 outlet centers and 2 open-air lifestyle centers.
78GF Score
Get the complete analysis for SKT
EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SKT has been successfully added to your 
