SKT - NYSE

Tanger Inc.

Tanger Inc.

SKT·NYSE

$35.65

+0.91%
Real EstateREIT - Retail

Tanger Inc. (NYSE: SKT) is a leading owner and operator of outlet and open-air retail shopping destinations, with over 43 years of expertise in the retail and outlet shopping industries. Tanger's portfolio of 38 outlet centers, one adjacent managed center and one open-air lifestyle center comprises over 15 million square feet well positioned across tourist destinations and vibrant markets in 20 U.S. states and Canada. A publicly traded REIT since 1993, Tanger continues to innovate the retail experience for its shoppers with over 3,000 stores operated by more than 700 different brand name companies.

StatementsValue Model

At a Glance

Live Snapshot
Market Cap$4.10B
EPS1.0200
P/E Ratio32.86
Earnings Date08/03/2026
298.59M
Operating Cash Flow
13%
3Y+40.0%
5Y+81.0%
10Y+25.0%
-266.76M
Investing Cash Flow
47%
3Y+170.0%
5Y+1321.0%
10Y+486.0%
-25.62M
Financing Cash Flow
-47%
3Y-60.0%
5Y-67.0%
10Y-87.0%
SKT

Tanger Inc. Cash Conversion Engine

SKT · NYSE
Net Income119.50M
Depreciation & Amortization150.98M
Stock-Based Compensation12.73M
Change in Working Capital7.64M
Others7.74M
Capital Expenditures-96.03M
Free Cash Flow202.56M

Cash Flow Quality Analysis

FCF Conversion Rate

169.5%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

32.2%

Moderate capital requirements typical of many stable businesses. Healthy balance between reinvestment and cash generation.

FCF Growth Trend

+29.5%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

+$7.64M

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

Cash Flow Quality Insight

Exceptional cash generation: High-quality earnings converting to growing free cash flow. The company demonstrates strong pricing power, efficient operations, and disciplined capital allocation.

Tanger Inc. Cash Flow Statement

SKT • NYSE

Tanger Inc. Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
OPERATING ACTIVITIES
Net Income
119.5M
97.7M
103.9M
85.8M
9.6M
-38M
92.7M
45.6M
71.9M
204.3M
222.2M
78.2M
113.3M
56.5M
51M
38.2M
67.5M
28M
28.6M
37.3M
Depreciation & Amortization
151M
138.7M
108.9M
111.9M
110M
117.1M
123.3M
131.7M
127.7M
115.4M
103.9M
102.4M
95.7M
98.7M
84M
78.1M
80.5M
62.4M
64M
57.3M
Change in Deferred Taxes
0.0
0.0
0.0
0.0
55.2M
67.3M
-6.1M
0.0
37.4M
-99M
-119.8M
-7.9M
-31.2M
4.3M
3.9M
8.5M
-35.5M
8.5M
-6.6M
-5.2M
Stock-Based Compensation
12.7M
0.0
12.5M
13M
12.8M
12.5M
18.1M
14.7M
13.6M
15.3M
14.7M
14.8M
11.4M
10.7M
7.3M
5.8M
11.8M
5.4M
4.1M
2.7M
Other Non-Cash Items
7.7M
23.1M
7.4M
1.5M
10.4M
10.2M
801K
57M
922K
827K
-900K
796K
-3.1M
-2.7M
-4.3M
-2.5M
-2.7M
4.4M
7.4M
-6.2M
Change in Working Capital
7.6M
5M
-3.1M
1.8M
19.8M
-4.3M
-8.4M
9.4M
1.6M
2.5M
633K
534K
1.3M
-1.7M
-5.9M
-9.7M
5.7M
-11.7M
1.2M
2.5M
Cash from Operating Activities
298.6M
264.4M
229.6M
214M
217.7M
164.7M
220.5M
258.3M
253.2M
239.3M
220.8M
188.8M
187.5M
165.8M
136M
118.5M
127.3M
97M
98.6M
88.4M
INVESTING ACTIVITIES
Investments in Property, Plant, and Equipment
(0.0)
-110.8M
(0.0)
-47.4M
-45.9M
-28M
-40.2M
-56.7M
-64.4M
-58.7M
-17.4M
-1.1M
-7.8M
(0.0)
-326.5M
(0.0)
-46.6M
-131.9M
-88.1M
-82.2M
Acquisitions, Net
(0.0)
(80K)
-2.6M
-313K
-7M
-10.6M
-2.3M
-1.9M
(33.3M)
-49.5M
(119.3M)
-142.3M
-162.1M
-103M
-24.6M
(897K)
-95K
-1.6M
(0.0)
(0.0)
Purchase of Investments
(0.0)
-76.1M
-7.7M
-52.5M
-9.4M
-13M
-11.2M
-10.8M
-116.7M
-145.8M
-388.7M
(0.0)
(0.0)
(0.0)
(0.0)
-6.1M
-31.1M
(0.0)
(0.0)
-2M
Sale/Maturity of Investments
0.0
9.2M
50.9M
47.4M
55.4M
41M
51.4M
0.0
0.0
121.3M
0.0
0.0
0.0
0.0
0.0
0.0
-4.3M
0.0
0.0
0.0
Other Investing Items
-266.8M
-4M
-450.2M
-46.1M
-15.7M
-8.2M
101.6M
-38.1M
-150.9M
4M
-341.1M
-48.4M
-12.1M
-44.9M
-9.9M
-81.6M
5.8M
-133.5M
3.3M
21.4M
Cash from Investing Activities
-266.8M
-181.7M
-409.6M
-98.8M
-22.7M
-18.8M
(99.3M)
-40M
-117.5M
-45.5M
-221.8M
-190.7M
-174.2M
-147.9M
-361.1M
-86.9M
-76.2M
-133.5M
-84.8M
-62.8M
FINANCING ACTIVITIES
Net Issuance of Common Stock
69.3M
115.1M
88.4M
-3.9M
187M
-736K
-20M
-20M
-49.4M
-2.2M
-1.1M
903K
0.0
481K
117.4M
1.1M
116.8M
0.0
2.1M
2.4M
Net Issuance of Debt
51.9M
-25M
8.2M
28.9M
-172.8M
-3.6M
-148.5M
-54.2M
39.2M
-50.6M
120.4M
115.9M
88.4M
68.5M
189M
129.4M
-104.2M
89.9M
30.1M
17.2M
Cash Paid for Dividends
-132.2M
-120.2M
-103.8M
-84.2M
-72.4M
-66.6M
-132.7M
-131.2M
-130.2M
-141.1M
-104.9M
-90.4M
-87.2M
-76.9M
-66.5M
-68.7M
-68.6M
-52.9M
-50M
-46.8M
Share Repurchases
(0.0)
(0.0)
(0.0)
-3.9M
(0.0)
-736K
-20M
-20M
-49.4M
-2.2M
-1.1M
(0.0)
(0.0)
(0.0)
(0.0)
-75M
(0.0)
(0.0)
(0.0)
(0.0)
Other Financing Items
-14.6M
-18.3M
-12.2M
-4.9M
-60.1M
-6.7M
-11M
-7.7M
1.1M
-9.6M
-7.5M
-22.3M
-8.3M
-7.5M
-12.9M
-16M
-6M
2.1M
-2M
-12.3M
Cash from Financing Activities
-25.6M
-48.4M
-19.3M
-64.2M
-118.4M
-77.6M
-312.1M
-215.2M
-141.7M
-203.5M
6.9M
4.1M
-7.1M
-15.4M
227.2M
-29.2M
-52.8M
39.1M
-19.8M
-20M
CASH FLOW SUMMARY
Effect of Foreign Exchange Rates
326K
-122K
-115K
-111K
-177K
-223K
-19K
-110K
-56K
316K
-1.1M
-526K
-1.3M
15K
0.0
0.0
0.0
0.0
0.0
0.0
Net Change in Cash
6.5M
34.2M
-199.3M
50.9M
76.4M
68.2M
7.6M
3M
-6.1M
-9.3M
4.7M
1.6M
4.9M
2.4M
2.1M
2.5M
-1.7M
2.6M
-6M
5.5M
Cash at Beginning of Period
47M
12.8M
212.1M
161.3M
84.8M
16.7M
9.1M
6.1M
12.2M
21.6M
16.9M
15.2M
10.3M
7.9M
5.8M
3.3M
5M
2.4M
8.5M
2.9M
Cash at End of Period
53.5M
47M
12.8M
212.1M
161.3M
84.8M
16.7M
9.1M
6.1M
12.2M
21.6M
16.9M
15.2M
10.3M
7.9M
5.8M
3.3M
5M
2.4M
8.5M
Free Cash Flow
202.6M
156.4M
218.8M
166.6M
171.8M
136.7M
180.3M
201.6M
188.8M
180.6M
203.3M
187.7M
179.7M
165.8M
-190.5M
118.5M
80.7M
-34.9M
10.5M
6.2M

SEC Filings

SKT - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 08, 2026
May 08, 2026
2026
View Filing
10-Q

10-Q 2026 Q1

Q1

May 04, 2026
March 31, 2026
2026
View Filing
8-K

8-K 2026

N/A

April 30, 2026
April 30, 2026
2026
View Filing
DEF 14A

DEF 14A 2026

N/A

March 26, 2026
May 08, 2026
2026
View Filing
8-K

8-K 2026

N/A

February 27, 2026
February 26, 2026
2026
View Filing
10-K

10-K 2025 FY

FY

February 26, 2026
December 31, 2025
2025
View Filing
8-K

8-K 2026

N/A

February 24, 2026
February 24, 2026
2026
View Filing
8-K

8-K 2026

N/A

January 12, 2026
January 07, 2026
2026
View Filing
8-K

8-K 2026

N/A

January 08, 2026
January 06, 2026
2026
View Filing
8-K

8-K 2026

N/A

January 06, 2026
January 06, 2026
2026
View Filing
Showing 1 to 10 of 462 filings

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