Operating Income for Tanger (SKT)
According to Tanger's latest reported financial statements, the company's current operating income (TTM) is $113.13M USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
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)
$113.13M
YoY change
+16.4%
5Y CAGR
N/A
Peak year (2019)
$279.03M
Cumulative operating income
$3.02B
Operating Income history chart for Tanger (SKT) from 1993 to 2025
Operating Income history table for Tanger (SKT) from 1993 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $175.36M | +16.4% | ||
| 2024 | $150.62M | +12.5% | ||
| 2023 | $133.84M | +16.1% | ||
| 2022 | $115.24M | +4.8% | ||
| 2021 | $109.96M | — | ||
| 2020 | $0 | -100.0% | ||
| 2019 | $279.03M | +198.4% | ||
| 2018 | $93.51M | -41.8% | ||
| 2017 | $160.72M | +6.2% | ||
| 2016 | $151.28M | +4.7% | ||
| 2015 | $144.46M | +9.6% | ||
| 2014 | $131.86M | +3.1% | ||
| 2013 | $127.89M | +16.7% | ||
| 2012 | $109.58M | +11.9% | ||
| 2011 | $97.94M | +23.0% | ||
| 2010 | $79.63M | +23.0% | ||
| 2009 | $64.73M | -18.0% | ||
| 2008 | $78.90M | +10.3% | ||
| 2007 | $71.56M | +3.6% | ||
| 2006 | $69.10M | -9.3% | ||
| 2005 | $76.22M | +8.1% | ||
| 2004 | $70.53M | +63.8% | ||
| 2003 | $43.05M | +10.1% | ||
| 2002 | $39.10M | -1.3% | ||
| 2001 | $39.63M | -0.5% | ||
| 2000 | $39.81M | -3.6% | ||
| 1999 | $41.31M | +11.2% | ||
| 1998 | $37.14M | +7.9% | ||
| 1997 | $34.42M | +14.7% | ||
| 1996 | $30.02M | -71.8% | ||
| 1995 | $106.40M | +51.4% | ||
| 1994 | $70.30M | +58.7% | ||
| 1993 | $44.30M | — |
Operating Income 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
In 2025, Tanger (SKT) operating income totalled $175.36M – grew 16.4% year-over-year.
Tanger operating income compound annual growth for the 2015–2025 (10 years) window is +2.0%, sustaining 5 straight years of year-over-year growth.
Tanger operating income peaked at $279.03M in 2019; the latest annual figure is $175.36M in 2025 (37.2% below peak).
The highest annual operating income of $279.03M was reported in 2019. The lowest in the available history was $0 in 2020.
Within Real Estate, Tanger (SKT) ranks 9th among 8 peers we track. The peer median for operating income is $2.05B.
Tanger Operating Income by Year
Tanger Operating Income 2025: $175.36M
Tanger operating income in 2025 was $175.36M, grew 16.4% from 2024.
Tanger Operating Income 2024: $150.62M
Tanger operating income in 2024 was $150.62M, grew 12.5% from 2023.
Tanger Operating Income 2023: $133.84M
Tanger operating income in 2023 was $133.84M, grew 16.1% from 2022.
Tanger Operating Income 2022: $115.24M
Tanger operating income in 2022 was $115.24M, edged up 4.8% from 2021.
Tanger Operating Income 2021: $109.96M
Tanger operating income in 2021 was $109.96M.
See more financial history for Tanger (SKT).
Sector peers — Operating Income
Companies in the same sector as Tanger, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| American Tower Corporation (AMT) | $4.88B | Real Estate |
| Prologis, Inc. (PLD) | $3.54B | Real Estate |
| Simon Property Group, Inc. (SPG) | $3.18B | Real Estate |
| Public Storage (PSA) | $2.25B | Real Estate |
| Equinix, Inc. (EQIX) | $1.85B | Real Estate |
| Realty Income Corporation (O) | $1.63B | Real Estate |
| Digital Realty Trust, Inc. (DLR) | $658.49M | Real Estate |
| Welltower Inc. (WELL) | $355.17M | Real Estate |
Frequently asked questions
What is Tanger's operating income?
- Latest reported operating income for Tanger (SKT) is $113.13M (period ending December 31, 2025).
How has Tanger operating income changed year-over-year?
- Tanger (SKT) operating income changed +16.4% year-over-year on the latest annual filing.
What is the long-term growth rate of Tanger operating income?
- Tanger (SKT) operating income compound annual growth rate is +2.0% over the most recent 10 years available.
When did Tanger operating income hit its highest annual value?
- Tanger operating income reached its highest annual value of $279.03M in 2019.
What was Tanger operating income in 2024?
- Tanger (SKT) operating income in 2024 was $150.62M.
What was Tanger operating income in 2025?
- Tanger (SKT) operating income in 2025 was $175.36M.
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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