SKT Tanger Factory Outlet Centers Inc
Price (delayed)
$31.09
Market cap
$3.51B
P/E Ratio
34.93
Dividend/share
$1.1
EPS
$0.89
Enterprise value
$4.97B
Tanger Factory Outlet Centers, Inc. is a leading operator of upscale open-air outlet centers that owns, or has an ownership interest in, a portfolio of 36 centers. Tanger's operating properties are
Highlights
The equity has increased by 15% year-on-year and by 15% since the previous quarter
The gross profit rose by 15% YoY and by 2.7% QoQ
SKT's EPS is down by 5% YoY
Key stats
What are the main financial stats of SKT
Market
Valuations
Earnings
Shares outstanding
112.78M
Market cap
$3.51B
Enterprise value
$4.97B
Price to earnings (P/E)
34.93
Price to book (P/B)
5.28
Price to sales (P/S)
6.54
EV/EBIT
31.2
EV/EBITDA
16.67
EV/Sales
9.44
Revenue
$526.06M
Gross profit
$367.33M
Operating income
$150.62M
Net income
$98.6M
EBIT
$159.23M
EBITDA
$297.92M
Free cash flow
$76.5M
Per share
Balance sheet
Liquidity
EPS
$0.89
EPS diluted
$0.88
Free cash flow per share
$0.69
Book value per share
$5.89
Revenue per share
$4.75
TBVPS
$21.51
Total assets
$2.38B
Total liabilities
$1.7B
Debt
$1.51B
Equity
$652.37M
Working capital
N/A
Debt to equity
2.31
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
4.9
Margins
Efficiency
Dividend
EBITDA margin
56.6%
Gross margin
69.8%
Net margin
18.7%
Operating margin
28.6%
Return on assets
4.3%
Return on equity
16.9%
Return on invested capital
4.2%
Return on capital employed
N/A
Return on sales
30.3%
Dividend yield
3.54%
DPS
$1.1
Payout ratio
123.6%
SKT stock price
How has the Tanger Factory Outlet Centers stock price performed over time
Intraday
-4.13%
1 week
-2.39%
1 month
-2.48%
1 year
16.57%
YTD
-8.91%
QTD
-7.99%
Financial performance
How have Tanger Factory Outlet Centers's revenue and profit performed over time
Revenue
$526.06M
Gross profit
$367.33M
Operating income
$150.62M
Net income
$98.6M
Gross margin
69.8%
Net margin
18.7%
The gross profit rose by 15% YoY and by 2.7% QoQ
Tanger Factory Outlet Centers's operating income has increased by 13% YoY and by 4.6% from the previous quarter
SKT's revenue is up by 13% YoY and by 2.6% QoQ
Tanger Factory Outlet Centers's net margin has decreased by 13% YoY
Growth
What is Tanger Factory Outlet Centers's growth rate over time
Valuation
What is Tanger Factory Outlet Centers stock price valuation
P/E
34.93
P/B
5.28
P/S
6.54
EV/EBIT
31.2
EV/EBITDA
16.67
EV/Sales
9.44
SKT's EPS is down by 5% YoY
The P/B is 29% higher than the 5-year quarterly average of 4.1 but 9% lower than the last 4 quarters average of 5.8
The equity has increased by 15% year-on-year and by 15% since the previous quarter
SKT's P/S is 45% above its 5-year quarterly average of 4.5 but 2.4% below its last 4 quarters average of 6.7
SKT's revenue is up by 13% YoY and by 2.6% QoQ
Efficiency
How efficient is Tanger Factory Outlet Centers business performance
Tanger Factory Outlet Centers's return on equity has decreased by 14% YoY
Tanger Factory Outlet Centers's return on invested capital has increased by 5% QoQ and by 2.4% YoY
SKT's ROA is down by 4.4% YoY but it is up by 2.4% QoQ
SKT's ROS is down by 4.4% YoY
Dividends
What is SKT's dividend history
DPS
$1.1
Dividend yield
3.54%
Payout ratio
123.6%
Recent dividends
Special dividends are included in TTM DPS and yield
Financial health
How did Tanger Factory Outlet Centers financials performed over time
Tanger Factory Outlet Centers's total assets is 40% higher than its total liabilities
Tanger Factory Outlet Centers's total assets has increased by 4.7% QoQ and by 2.5% YoY
Tanger Factory Outlet Centers's debt is 131% higher than its equity
The equity has increased by 15% year-on-year and by 15% since the previous quarter
The debt to equity has decreased by 14% YoY and by 13% from the previous quarter
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.