SKT Tanger Factory Outlet Centers margins

Relative Growth: Rel. Growth: 69

Relative Strength: Rel. Strength: 61

Relative Valuation: Rel. Valuation: 34

Relative Profitability: Rel. Profitability: 81

Gross margin

69.5%

Operating margin

30.2%

EBITDA margin

58.6%

Net margin

20.7%

Recent Tanger Factory Outlet Centers shows a gross margin of 69.5%, an operating margin of 30.2%, an EBITDA margin of 58.6%, and a net margin of 20.7%. EBITDA margin increased by 2.6 percentage points, while other available margins were stable.

SKT margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, Tanger Factory Outlet Centers's margins averaged 69.45% gross, 28.83% operating, 56.47% EBITDA, and 19.59% net. All four current margins are above their three-year averages.

SKT margin expansion

Year-over-year margin changes in percentage points

Operating margin expanded by 1.9 percentage points, EBITDA margin by 2.6 percentage points, and net margin by 2.4 percentage points, while gross margin was unchanged.

Gross margin expansion

0pp

Operating margin expansion

1.9pp

EBITDA margin expansion

2.6pp

Net margin expansion

2.4pp

SKT Gross margin

Over the last 3 years, Tanger Factory Outlet Centers's gross margin averaged 69.45%. The current gross margin of 69.5% is 0.1 percentage points above its three-year average. During this period, gross margin reached a high of 69.8% in Dec 2024 and a low of 68.7% in Dec 2023.

SKT Operating margin

Tanger Factory Outlet Centers recorded an average operating margin of 28.83% across the last 3 years. Tanger Factory Outlet Centers currently reports an operating margin of 30.2%, 1.4 percentage points above its three-year average. Over the last 3 years, Tanger Factory Outlet Centers's operating margin peaked at 30.4% in Mar 2026 and reached a low of 27.7% in Mar 2025.

SKT EBITDA margin

Over the last 3 years, Tanger Factory Outlet Centers's EBITDA margin averaged 56.47%. Right now, Tanger Factory Outlet Centers's current EBITDA margin is 58.6%, which is 2.1 percentage points above its three-year average. During this period, EBITDA margin reached a high of 58.6% in Jun 2026 and a low of 55.1% in Dec 2023.

SKT Net margin

Tanger Factory Outlet Centers recorded an average net margin of 19.59% across the last 3 years. Tanger Factory Outlet Centers currently reports a net margin of 20.7%, 1.1 percentage points above its three-year average. The net margin for Tanger Factory Outlet Centers moved between 17.7% in Mar 2025 and 21.4% in Dec 2023.

SKT margin group comparison

Margins compared with peer-group, industry and sector averages

Tanger Factory Outlet Centers's gross margin of 69.5% is above the Real Estate sector and its peers average but below the industry average. Compared to its Real Estate sector average of 62.7%, Tanger Factory Outlet Centers's gross margin is 11% higher.

SKT margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Tanger Factory Outlet Centers's gross margin?

The current gross margin for SKT is 69.5% as of Jun 30, 2026.

What is Tanger Factory Outlet Centers's operating margin?

The current operating margin for SKT is 30.2% as of Jun 30, 2026.

What is Tanger Factory Outlet Centers's EBITDA margin?

The current EBITDA margin for SKT is 58.6% as of Jun 30, 2026.

What is Tanger Factory Outlet Centers's net margin?

As of Jun 30, 2026, SKT has a net margin of 20.7%.

What are the average margins of SKT?

Over the past 3 years, SKT reported average margins of 69.5% gross, 28.8% operating, 56.5% EBITDA, and 19.6% net.

What are the highest historical margins of SKT?

Tanger Factory Outlet Centers's highest recorded margins during the past 5 years were 69.8% gross in Dec 2024, 30.4% operating in Mar 2026, 58.6% EBITDA in Jun 2026, and 21.4% net in Dec 2023.

What are the lowest historical margins of SKT?

Across the 5-year period, SKT posted its lowest margins at 67% gross in Dec 2021, 24.1% operating in Dec 2021, 40.3% EBITDA in Dec 2021, and 2.1% net in Dec 2021.