SKT Tanger Factory Outlet Centers Inc

Price (delayed)

$34.02

Market cap

$3.84B

P/E Ratio

38.22

Dividend/share

$1.1

EPS

$0.89

Enterprise value

$5.3B

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 gross profit rose by 15% YoY and by 2.7% QoQ
The equity has increased by 15% year-on-year and by 15% since the previous quarter
SKT's price to earnings (P/E) is 11% higher than its last 4 quarters average of 34.3
SKT's EPS is down by 5% YoY

Key stats

What are the main financial stats of SKT
Market
Shares outstanding
112.78M
Market cap
$3.84B
Enterprise value
$5.3B
Valuations
Price to earnings (P/E)
38.22
Price to book (P/B)
5.77
Price to sales (P/S)
7.16
EV/EBIT
33.27
EV/EBITDA
17.78
EV/Sales
10.07
Earnings
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
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
Balance sheet
Total assets
$2.38B
Total liabilities
$1.7B
Debt
$1.51B
Equity
$652.37M
Working capital
N/A
Liquidity
Debt to equity
2.31
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
4.9
Margins
EBITDA margin
56.6%
Gross margin
69.8%
Net margin
18.7%
Operating margin
28.6%
Efficiency
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
Dividend yield
3.23%
DPS
$1.1
Payout ratio
123.6%

SKT stock price

How has the Tanger Factory Outlet Centers stock price performed over time
Intraday
0.68%
1 week
3.53%
1 month
-4.03%
1 year
15.95%
YTD
-0.32%
QTD
0.68%

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 net margin has decreased by 13% YoY
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

Growth

What is Tanger Factory Outlet Centers's growth rate over time

Valuation

What is Tanger Factory Outlet Centers stock price valuation
P/E
38.22
P/B
5.77
P/S
7.16
EV/EBIT
33.27
EV/EBITDA
17.78
EV/Sales
10.07
SKT's price to earnings (P/E) is 11% higher than its last 4 quarters average of 34.3
SKT's EPS is down by 5% YoY
The P/B is 41% higher than the 5-year quarterly average of 4.1
The equity has increased by 15% year-on-year and by 15% since the previous quarter
SKT's P/S is 59% above its 5-year quarterly average of 4.5 and 7% above 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
3.23%
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.