Tanger Historical Income Statement

SKT Stock  USD 28.65  0.15  0.53%   
Historical analysis of Tanger Factory income statement accounts such as Gross Profit of 204.8 M, Other Operating Expenses of 198.3 M, Operating Income of 94.8 M or Ebit of 101.8 M can show how well Tanger Factory Outlet performed in making a profits. Evaluating Tanger Factory income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Tanger Factory's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Tanger Factory Outlet latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Tanger Factory Outlet is a good buy for the upcoming year.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tanger Factory Outlet. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.

About Tanger Income Statement Analysis

Tanger Factory Outlet Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Tanger Factory shareholders. The income statement also shows Tanger investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Tanger Factory Income Statement Chart

Tanger Factory Outlet Income Statement is one of the three primary financial statements used for reporting Tanger's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Tanger Factory Outlet revenue and expense. Tanger Factory Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Tanger Factory's Selling General Administrative is comparatively stable compared to the past year. Total Operating Expenses is likely to gain to about 118.4 M in 2024, whereas Total Revenue is likely to drop slightly above 289.5 M in 2024.

Total Revenue

Total revenue comprises all receipts Tanger Factory Outlet generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Tanger Factory Outlet minus its cost of goods sold. It is profit before Tanger Factory operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Tanger Factory Outlet. It is also known as Tanger Factory overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from Tanger Factory's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Tanger Factory Outlet current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tanger Factory Outlet. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
At this time, Tanger Factory's Selling General Administrative is comparatively stable compared to the past year. Total Operating Expenses is likely to gain to about 118.4 M in 2024, whereas Total Revenue is likely to drop slightly above 289.5 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit285.8M298.7M210.0M204.8M
Total Revenue426.5M442.6M464.4M289.5M

Tanger Factory income statement Correlations

0.970.520.980.940.980.720.630.850.890.11-0.210.020.270.620.47-0.860.820.060.60.60.12-0.10.05
0.970.360.930.930.920.70.650.850.880.12-0.130.040.40.50.56-0.850.88-0.120.460.450.12-0.290.2
0.520.360.560.430.620.430.210.370.470.04-0.260.08-0.290.67-0.25-0.640.320.730.630.640.00.72-0.79
0.980.930.560.940.990.810.710.90.840.27-0.080.180.290.70.45-0.850.820.080.610.610.02-0.010.04
0.940.930.430.940.910.770.720.890.950.25-0.050.150.420.430.55-0.830.85-0.090.510.50.03-0.170.15
0.980.920.620.990.910.760.630.840.850.17-0.180.070.240.710.38-0.850.770.140.660.650.020.06-0.05
0.720.70.430.810.770.760.770.830.630.590.350.520.450.560.44-0.670.72-0.10.430.42-0.220.030.09
0.630.650.210.710.720.630.770.940.550.680.450.60.760.420.64-0.530.66-0.210.370.36-0.44-0.180.29
0.850.850.370.90.890.840.830.940.750.510.220.410.630.550.63-0.730.79-0.110.50.5-0.25-0.160.21
0.890.880.470.840.950.850.630.550.750.05-0.2-0.040.360.270.43-0.820.77-0.050.480.470.06-0.110.02
0.110.120.040.270.250.170.590.680.510.050.890.940.50.240.43-0.150.31-0.150.140.14-0.550.020.24
-0.21-0.13-0.26-0.08-0.05-0.180.350.450.22-0.20.890.910.51-0.120.30.070.14-0.37-0.23-0.23-0.59-0.10.34
0.020.040.080.180.150.070.520.60.41-0.040.940.910.360.20.28-0.180.32-0.070.00.0-0.490.080.12
0.270.4-0.290.290.420.240.450.760.630.360.50.510.36-0.130.67-0.150.35-0.640.030.02-0.57-0.470.54
0.620.50.670.70.430.710.560.420.550.270.24-0.120.2-0.130.1-0.50.360.50.690.690.030.37-0.3
0.470.56-0.250.450.550.380.440.640.630.430.430.30.280.670.1-0.20.43-0.470.390.380.04-0.710.58
-0.86-0.85-0.64-0.85-0.83-0.85-0.67-0.53-0.73-0.82-0.150.07-0.18-0.15-0.5-0.2-0.91-0.16-0.37-0.37-0.04-0.10.17
0.820.880.320.820.850.770.720.660.790.770.310.140.320.350.360.43-0.91-0.150.170.170.03-0.240.22
0.06-0.120.730.08-0.090.14-0.1-0.21-0.11-0.05-0.15-0.37-0.07-0.640.5-0.47-0.16-0.150.410.420.170.73-0.78
0.60.460.630.610.510.660.430.370.50.480.14-0.230.00.030.690.39-0.370.170.411.00.070.26-0.38
0.60.450.640.610.50.650.420.360.50.470.14-0.230.00.020.690.38-0.370.170.421.00.070.27-0.39
0.120.120.00.020.030.02-0.22-0.44-0.250.06-0.55-0.59-0.49-0.570.030.04-0.040.030.170.070.07-0.31-0.05
-0.1-0.290.72-0.01-0.170.060.03-0.18-0.16-0.110.02-0.10.08-0.470.37-0.71-0.1-0.240.730.260.27-0.31-0.82
0.050.2-0.790.040.15-0.050.090.290.210.020.240.340.120.54-0.30.580.170.22-0.78-0.38-0.39-0.05-0.82
Click cells to compare fundamentals

Tanger Factory Account Relationship Matchups

Tanger Factory income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization123.3M117.1M110.0M111.9M108.9M74.5M
Interest Expense61.7M63.1M52.9M47.0M47.9M33.9M
Selling General Administrative53.8M47.7M65.8M71.5M76.1M79.9M
Total Revenue478.3M390.0M426.5M442.6M464.4M289.5M
Gross Profit320.6M252.9M285.8M298.7M210.0M204.8M
Other Operating Expenses334.8M302.0M316.6M327.4M330.6M198.3M
Operating Income148.6M90.0M117.3M129.9M133.8M94.8M
Ebit148.6M90.0M117.3M129.9M133.8M101.8M
Ebitda271.9M207.2M227.3M241.8M242.7M176.3M
Total Operating Expenses177.1M164.9M175.8M183.4M76.1M118.4M
Income Before Tax92.7M(38.0M)9.6M85.8M103.9M65.7M
Total Other Income Expense Net(55.9M)(128.0M)(107.7M)(44.0M)(30.0M)(28.5M)
Net Income21.1M(101.5M)(51.1M)38.0M99.2M104.1M
Income Tax Expense71.6M63.5M60.6M47.8M5.9M5.6M
Cost Of Revenue157.7M137.1M140.7M143.9M254.4M128.5M
Minority Interest22.9M17.5M(440K)(3.8M)(4.7M)(4.5M)
Interest Income61.7M63.1M52.9M47.0M54.0M61.0M
Net Interest Income(61.7M)(63.1M)(52.9M)(47.0M)(47.9M)(50.3M)
Reconciled Depreciation123.3M117.1M110.0M111.9M108.9M94.9M

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When determining whether Tanger Factory Outlet is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Tanger Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Tanger Factory Outlet Stock. Highlighted below are key reports to facilitate an investment decision about Tanger Factory Outlet Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tanger Factory Outlet. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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Is Tanger Factory's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tanger Factory. If investors know Tanger will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tanger Factory listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.29
Dividend Share
1.01
Earnings Share
0.92
Revenue Per Share
4.515
Quarterly Revenue Growth
0.097
The market value of Tanger Factory Outlet is measured differently than its book value, which is the value of Tanger that is recorded on the company's balance sheet. Investors also form their own opinion of Tanger Factory's value that differs from its market value or its book value, called intrinsic value, which is Tanger Factory's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tanger Factory's market value can be influenced by many factors that don't directly affect Tanger Factory's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tanger Factory's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tanger Factory is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tanger Factory's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.