Tanger Factory Outlet Centers Inc
NYSE: SKT · REAL ESTATE · REIT - RETAIL
Updated 2026-06-05
Tanger Factory Outlet Centers Inc (SKT) Financial statements
SEC filings — annual and quarterly data.
Balance sheet — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $1.04B | $1.06B | $1.12B | $1.18B | $1.22B | $1.62B | $1.67B | $2.01B | $2.10B | $2.33B | $2.53B | $2.54B | $2.38B | $2.29B | $2.19B | $2.16B | $2.22B | $2.32B | $2.38B | $2.66B |
| Cash & equivalents | $8.45M | $2.41M | $4.98M | $3.27M | $5.76M | $7.89M | $10.34M | $15.24M | $16.88M | $21.56M | $12.22M | $6.10M | $9.08M | $16.67M | $84.83M | $161.25M | $212.12M | $12.78M | $46.99M | $18.13M |
| Current assets | $8.45M | $2.41M | $4.98M | $3.27M | $6.48M | $7.89M | $71.18M | $96.66M | $135.23M | $221.78M | $95.21M | $102.11M | $107.19M | $120.29M | $190.11M | $265.84M | $264.57M | $21.96M | $46.99M | $53.53M |
| Total liabilities | $727.18M | $777.34M | $864.48M | $657.80M | $795.04M | $1.09B | $1.16B | $1.45B | $1.57B | $1.72B | $1.82B | $1.93B | $1.88B | $1.83B | $1.83B | $1.66B | $1.70B | $1.73B | $1.70B | $1.92B |
| Current liabilities | $87.60M | $104.80M | $69.16M | $73.19M | $223.43M | $51.41M | $226.54M | $75.66M | $180.56M | $287.70M | $136.15M | $296.58M | $224.66M | $79.56M | $88.25M | $93.00M | $104.74M | $131.50M | $107.78M | $177.06M |
| Long-term debt | $674.79M | $433.67M | $795.32M | $548.81M | $707.41M | $1.02B | $1.09B | $1.32B | $1.41B | $1.55B | $1.69B | $1.76B | $1.71B | $1.57B | $1.57B | $1.40B | $1.43B | $1.43B | $1.42B | $1.55B |
| Shareholder equity | $274.68M | $282.94M | $228.06M | $462.67M | $366.93M | $460.56M | $482.61M | $527.22M | $496.82M | $606.03M | $705.44M | $612.30M | $505.54M | $456.11M | $358.88M | $499.79M | $513.93M | $566.78M | $652.37M | $706.48M |
| Retained earnings | $-150.22M | $-171.63M | $-196.53M | $-203.00M | $-240.02M | $-261.91M | $-285.59M | $-265.24M | $-281.68M | $-195.49M | $-122.70M | $-184.87M | $-272.45M | $-317.26M | $-420.10M | $-483.41M | $-485.56M | $-490.17M | $-511.82M | $-529.24M |
| Accounts receivable | — | — | — | — | — | — | — | — | $34.60M | $40.60M | $46.80M | $51.90M | $57.50M | $61.60M | $65.80M | $53.30M | $59.70M | $48.90M | $57.90M | — |
| Inventory | — | — | — | — | $723000.00 | $0.00 | $0.00 | $0.00 | $46.01M | $-40.60M | $-3.99M | $-5.53M | $-5.75M | $-1.02M | — | $-2.48M | $-14.12M | $-2.71M | — | — |
| Goodwill | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — | — |
Frequently asked questions
What is Tanger Factory Outlet Centers Inc's revenue?
Tanger Factory Outlet Centers Inc's trailing twelve-month revenue is $611.24M, and consensus projects about $771.00M by 2030. Revenue is the top line the whole model builds on, and at this scale the question shifts from how fast it grows to whether margins hold as it compounds.
How profitable is SKT?
In its most recent fiscal year, SKT ran a gross margin of 17.73%, an operating margin of 30.15%, and a net margin of 19.74%. Margins this high mean most of each extra dollar of revenue drops through to profit, which is the signature of real pricing power.
How much free cash flow does SKT generate?
SKT produced $199.34M in free cash flow in its most recent fiscal year. Free cash flow is what is left after running and reinvesting in the business, and it is the cash that actually funds buybacks, dividends, and a stronger balance sheet.
Is SKT's balance sheet healthy?
SKT holds $18.13M in cash and equivalents against $1.55B in long-term debt, on $706.48M of shareholder equity. That debt is best read against the cash flow the business throws off each year.