Gross Profit for Tanger (SKT)
According to Tanger's latest reported financial statements, the company's current gross profit (TTM) is $324.82M USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
SKT
Currently viewingRevenueSwitch metric
TTM (last 4 quarters)
$324.82M
YoY change
-71.9%
5Y CAGR
-16.4%
Peak year (2024)
$367.33M
Cumulative gross profit
$6.38B
Gross Profit history chart for Tanger (SKT) from 1993 to 2025
Gross Profit history table for Tanger (SKT) from 1993 to 2025
| Fiscal year | Period ended | Reported | Gross Profit | YoY |
|---|---|---|---|---|
| 2025 | $103.11M | -71.9% | ||
| 2024 | $367.33M | +15.2% | ||
| 2023 | $318.86M | +6.8% | ||
| 2022 | $298.68M | +4.5% | ||
| 2021 | $285.79M | +13.0% | ||
| 2020 | $252.86M | -28.7% | ||
| 2019 | $354.48M | +6.1% | ||
| 2018 | $334.22M | +0.4% | ||
| 2017 | $333.00M | +6.1% | ||
| 2016 | $313.82M | +7.2% | ||
| 2015 | $292.87M | +4.2% | ||
| 2014 | $281.14M | +6.5% | ||
| 2013 | $263.96M | +7.4% | ||
| 2012 | $245.84M | +14.4% | ||
| 2011 | $214.98M | +17.5% | ||
| 2010 | $182.96M | -0.5% | ||
| 2009 | $183.81M | +12.4% | ||
| 2008 | $163.49M | +5.9% | ||
| 2007 | $154.38M | +8.0% | ||
| 2006 | $143.01M | +3.1% | ||
| 2005 | $138.71M | -28.7% | ||
| 2004 | $194.55M | +59.5% | ||
| 2003 | $121.97M | +7.8% | ||
| 2002 | $113.17M | +1.9% | ||
| 2001 | $111.07M | +2.1% | ||
| 2000 | $108.82M | +4.6% | ||
| 1999 | $104.02M | +6.4% | ||
| 1998 | $97.77M | +14.7% | ||
| 1997 | $85.27M | +12.9% | ||
| 1996 | $75.50M | +10.1% | ||
| 1995 | $68.60M | +49.1% | ||
| 1994 | $46.00M | +51.8% | ||
| 1993 | $30.30M | — |
Gross Profit values are taken from Tanger's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
The 2025 reading of Tanger (SKT) gross profit is $103.11M – plunged 71.9% year-over-year.
Tanger gross profit has contracted on net over the period, with a -16.4% compound annual growth rate over 2020–2025 (5 years).
Tanger gross profit plunged from $367.33M in 2024 to $103.11M in 2025, a 71.9% drawdown.
2024 marks the peak gross profit at $367.33M, with the historical low of $30.30M recorded in 1993.
Tanger (SKT) sits 9th of 8 Real Estate peers we track on this metric, against a peer median of $4.96B.
Tanger Gross Profit by Year
Tanger Gross Profit 2025: $103.11M
Tanger gross profit in 2025 was $103.11M, plunged 71.9% below 2024.
Tanger Gross Profit 2024: $367.33M
Tanger gross profit in 2024 was $367.33M, grew 15.2% from 2023. This figure represents the highest annual value in the available history.
Tanger Gross Profit 2023: $318.86M
Tanger gross profit in 2023 was $318.86M, grew 6.8% from 2022.
Tanger Gross Profit 2022: $298.68M
Tanger gross profit in 2022 was $298.68M, edged up 4.5% from 2021.
Tanger Gross Profit 2021: $285.79M
Tanger gross profit in 2021 was $285.79M.
See more financial history for Tanger (SKT).
Sector peers — Gross Profit
Companies in the same sector as Tanger, ranked by their latest gross profit.
| Company | Gross Profit | Sector |
|---|---|---|
| American Tower Corporation (AMT) | $7.84B | Real Estate |
| Simon Property Group, Inc. (SPG) | $5.46B | Real Estate |
| Prologis, Inc. (PLD) | $5.24B | Real Estate |
| Realty Income Corporation (O) | $5.16B | Real Estate |
| Equinix, Inc. (EQIX) | $4.75B | Real Estate |
| Welltower Inc. (WELL) | $4.18B | Real Estate |
| Digital Realty Trust, Inc. (DLR) | $3.39B | Real Estate |
| Public Storage (PSA) | $1.20B | Real Estate |
Frequently asked questions
What is Tanger's gross profit?
- Latest reported gross profit for Tanger (SKT) is $324.82M (period ending December 31, 2025).
How has Tanger gross profit changed year-over-year?
- Tanger (SKT) gross profit changed -71.9% year-over-year on the latest annual filing.
What is the long-term growth rate of Tanger gross profit?
- Tanger (SKT) gross profit compound annual growth rate is -16.4% over the most recent 5 years available.
When did Tanger gross profit hit its highest annual value?
- Tanger gross profit reached its highest annual value of $367.33M in 2024.
What was Tanger gross profit in 2024?
- Tanger (SKT) gross profit in 2024 was $367.33M.
What was Tanger gross profit in 2025?
- Tanger (SKT) gross profit in 2025 was $103.11M.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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