TTM
$254M
YoY change
-71.9%
5Y CAGR
-16.4%
Peak year (FY2024)
$367M
Cumulative gross profit
$6.41B
Gross Profit history chart for Tanger (SKT) from 2016 to 2025
Latest: $103M
Gross Profit growth chart for Tanger (SKT) from 2016 to 2025
Latest: -71.9%
Gross Profit history table for Tanger (SKT) from 1993 to 2025
| FY2025 | $103M | -71.9% | -$264M | ||
| FY2024 | $367M | +15.2% | +$48.5M | ||
| FY2023 | $319M | +6.8% | +$20.2M | ||
| FY2022 | $299M | +4.5% | +$12.9M | ||
| FY2021 | $286M | +13.0% | +$32.9M | ||
| FY2020 | $253M | -28.7% | -$102M | ||
| FY2019 | $354M | +6.1% | +$20.3M | ||
| FY2018 | $334M | +0.4% | +$1.23M | ||
| FY2017 | $333M | +6.1% | +$19.2M | ||
| FY2016 | $314M | +7.2% | +$21M | ||
| FY2015 | $293M | +4.2% | +$11.7M | ||
| FY2014 | $281M | +6.5% | +$17.2M | ||
| FY2013 | $264M | +7.4% | +$18.1M | ||
| FY2012 | $246M | +14.4% | +$30.9M | ||
| FY2011 | $215M | +17.5% | +$32M | ||
| FY2010 | $183M | -0.5% | -$850K | ||
| FY2009 | $184M | +12.4% | +$20.3M | ||
| FY2008 | $163M | +5.9% | +$9.11M | ||
| FY2007 | $154M | +8.0% | +$11.4M | ||
| FY2006 | $143M | +3.1% | +$4.3M | ||
| FY2005 | $139M | -28.7% | -$55.8M | ||
| FY2004 | $195M | +59.5% | +$72.6M | ||
| FY2003 | $122M | +7.8% | +$8.81M | ||
| FY2002 | $113M | +1.9% | +$2.1M | ||
| FY2001 | $111M | +2.1% | +$2.25M | ||
| FY2000 | $109M | +4.6% | +$4.81M | ||
| FY1999 | $104M | +6.4% | +$6.25M | ||
| FY1998 | $97.8M | +14.7% | +$12.5M | ||
| FY1997 | $85.3M | +12.9% | +$9.77M | ||
| FY1996 | $75.5M | +10.1% | +$6.9M | ||
| FY1995 | $68.6M | +49.1% | +$22.6M | ||
| FY1994 | $46M | +51.8% | +$15.7M | ||
| FY1993 | $30.3M | — | — |
- FY2025$103M-71.9%
- FY2024$367M+15.2%
- FY2023$319M+6.8%
- FY2022$299M+4.5%
- FY2021$286M+13.0%
- FY2020$253M-28.7%
- FY2019$354M+6.1%
- FY2018$334M+0.4%
- FY2017$333M+6.1%
- FY2016$314M+7.2%
- FY2015$293M+4.2%
- FY2014$281M+6.5%
- FY2013$264M+7.4%
- FY2012$246M+14.4%
- FY2011$215M+17.5%
- FY2010$183M-0.5%
- FY2009$184M+12.4%
- FY2008$163M+5.9%
- FY2007$154M+8.0%
- FY2006$143M+3.1%
- FY2005$139M-28.7%
- FY2004$195M+59.5%
- FY2003$122M+7.8%
- FY2002$113M+1.9%
- FY2001$111M+2.1%
- FY2000$109M+4.6%
- FY1999$104M+6.4%
- FY1998$97.8M+14.7%
- FY1997$85.3M+12.9%
- FY1996$75.5M+10.1%
- FY1995$68.6M+49.1%
- FY1994$46M+51.8%
- FY1993$30.3M—
Gross Profit values are taken from Tanger's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Gross Profit at Tanger (SKT)
According to Tanger's latest reported financial statements, the company's current gross profit (TTM) is $254M. 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 .
The 2025 reading of Tanger (SKT) gross profit is $103M – 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 $367M in 2024 to $103M in 2025, a 71.9% drawdown.
2024 marks the peak gross profit at $367M, with the historical low of $30.3M recorded in 1993.
Tanger Gross Profit by Year
Tanger Gross Profit 2025: $103M
In 2025, Tanger reported gross profit of $103M, plunged 71.9% below 2024.
Tanger Gross Profit 2024: $367M
Tanger gross profit in 2024 was $367M, grew 15.2% from 2023. This figure represents the highest annual value in the available history.
Tanger Gross Profit 2023: $319M
2023's gross profit for Tanger came in at $319M, grew 6.8% from 2022.
Tanger Gross Profit 2022: $299M
Tanger posted gross profit of $299M in 2022, edged up 4.5% from 2021.
Tanger Gross Profit 2021: $286M
Tanger gross profit in 2021 was $286M.
See more financial history for Tanger (SKT).
Sector peers by Gross Profit
Real Estate peers of Tanger (SKT), ranked by their latest gross profit
| $7.84B | |
| $5.46B | |
| $5.24B | |
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| $4.75B | |
| $4.18B | |
| $3.39B | |
| $1.2B |
- $7.84B
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- Buybacks0.52% TTM
- Dividend Profile2.86% yield
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- Stock Split History2 splits
How this company returns cash to shareholders — buybacks, dividends, and stock splits.