Tanger (Tanger) Net Margin %

: 18.66% (As of Dec. 2023)

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Net margin is calculated as Net Income divided by its Revenue. Tanger's Net Income for the three months ended in Dec. 2023 was $23.8 Mil. Tanger's Revenue for the three months ended in Dec. 2023 was $127.5 Mil. Therefore, Tanger's net margin for the quarter that ended in Dec. 2023 was 18.66%.

The historical rank and industry rank for Tanger's Net Margin % or its related term are showing as below:

SKT' s Net Margin % Range Over the Past 10 Years
Min: -9.3 Med: 18.03 Max: 48.07
Current: 21.35

SKT's Net Margin % is ranked worse than
58.09% of 797 companies
in the REITs industry
Industry Median: 32.84 vs SKT: 21.35

Tanger Net Margin % Historical Data

The historical data trend for Tanger's Net 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.

* Premium members only.

Tanger Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

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18.37

-9.30

2.14

18.54

21.35

Tanger Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %	Get a 7-Day Free Trial															15.77	21.61	21.87	23.54	18.66

Competitive Comparison

For the REIT - Retail subindustry, Tanger's Net Margin %, along with its competitors' market caps and Net 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 Net Margin % Distribution

For the REITs industry and Real Estate sector, Tanger's Net Margin % distribution charts can be found below:

* The bar in red indicates where Tanger's Net Margin % falls into.

Tanger Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Tanger's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	99.151	/	464.407
	=	21.35 %

Tanger's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	23.784	/	127.477
	=	18.66 %

Tanger (NYSE:SKT) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Tanger Net Margin % Related Terms

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Tanger (Tanger) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Tanger Inc (NYSE:SKT) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

T6O:Germany T6O:Germany

Address

3200 Northline Avenue, Suite 360, Greensboro, NC, USA, 27408

Website

https://www.tangeroutlet.com

Tanger Inc Formerly Tanger Factory Outlet Centers Inc is the owner and operator of outlet 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 shopping centers. Substantially majority of the firm's revenue is derived from rental income from real property. Geographically, the activities are carried out through the United States.

Executives

Steven B Tanger	director, officer: President,
Jessica K Norman	officer: EVP, General Counsel,Secretary	1835 MARKET STREET, SUITE 2601, PHILADELPHIA PA 19103
Susan E Skerritt	director	3200 NORTHLINE AVE, SUITE 360, GREENSBORO NC 27408
Thomas Reddin	director	11115 RUSHMORE DR, CHARLOTTE NC 28277
Michael J Bilerman	officer: See Remarks	3200 NORTHLINE AVE., SUITE 360, GREENSBORO NC 27408
Guerrieri Thomas Joseph Jr	officer: VP, CAO and Controller	3200 NORTHLINE AVE., SUITE 360, GREENSBORO NC 27408
Justin C Stein	officer: EVP, Leasing	3200 NORTHLINE AVE., SUITE 360, GREENSBORO NC 27408
Andrew R Wingrove	officer: EVP, Chief Commercial Officer	3200 NORTHLINE AVE., SUITE 360, GREENSBORO NC 27408
Carrie A Warren	officer: Senior V.P. of Marketing	5900 HENSON FARM RD, SUMMERFIELD NC 27358
Chad Perry	officer: EVP,General Counsel,Secretary	C/O TANGER FACTORY OUTLET CENTERS, INC., 3200 NORTHLINE AVENUE, SUITE 360, GREENSBORO NC 27408
Sandeep Mathrani	director
Gallardo Leslie Swanson	officer: Executive VP Operations	3200 NORTHLINE AVE., SUITE 360, GREENSBORO NC 27408
James Floyd Williams	officer: Vice President & Controller	3204 COTTINGHAM COURT, GREENSBORO NC 27410
Stephen Yalof	officer: President & COO	3200 NORTHLINE AVE., SUITE 360, GREENSBORO NC 27408
Charles Allen Worsham	officer: SVP,Construction & Development	3200 NORTHLINE AVENUE, SUITE 360, GREENSBORO NC 27408