
Tanger Factory Outlet Centers Inc
NYSE:SKT

Income Statement
Earnings Waterfall
Tanger Factory Outlet Centers Inc
Revenue
|
526.1m
USD
|
Cost of Revenue
|
-139.5m
USD
|
Gross Profit
|
386.6m
USD
|
Operating Expenses
|
-236m
USD
|
Operating Income
|
150.6m
USD
|
Other Expenses
|
-52.9m
USD
|
Net Income
|
97.7m
USD
|
Income Statement
Tanger Factory Outlet Centers Inc
Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
419
N/A
|
422
+1%
|
427
+1%
|
435
+2%
|
439
+1%
|
444
+1%
|
448
+1%
|
454
+1%
|
466
+3%
|
476
+2%
|
485
+2%
|
486
+0%
|
488
+0%
|
490
+0%
|
491
+0%
|
494
+1%
|
495
+0%
|
494
0%
|
490
-1%
|
485
-1%
|
478
-1%
|
467
-2%
|
415
-11%
|
399
-4%
|
390
-2%
|
379
-3%
|
416
+10%
|
426
+2%
|
427
+0%
|
435
+2%
|
439
+1%
|
438
0%
|
443
+1%
|
443
0%
|
447
+1%
|
453
+1%
|
464
+2%
|
479
+3%
|
497
+4%
|
513
+3%
|
526
+3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(137)
|
(139)
|
(141)
|
(144)
|
(117)
|
(147)
|
(147)
|
(148)
|
(123)
|
(155)
|
(157)
|
(157)
|
(126)
|
(157)
|
(158)
|
(160)
|
(133)
|
(161)
|
(159)
|
(159)
|
(132)
|
(154)
|
(145)
|
(142)
|
(117)
|
(134)
|
(137)
|
(139)
|
(120)
|
(142)
|
(144)
|
(143)
|
(124)
|
(140)
|
(141)
|
(142)
|
(125)
|
(148)
|
(152)
|
(155)
|
(139)
|
|
Gross Profit |
281
N/A
|
283
+0%
|
287
+1%
|
291
+1%
|
322
+11%
|
298
-8%
|
301
+1%
|
306
+2%
|
343
+12%
|
322
-6%
|
328
+2%
|
330
+0%
|
362
+10%
|
333
-8%
|
333
0%
|
334
+0%
|
361
+8%
|
334
-8%
|
331
-1%
|
326
-1%
|
347
+6%
|
313
-10%
|
270
-14%
|
258
-4%
|
273
+6%
|
245
-10%
|
279
+14%
|
287
+3%
|
306
+7%
|
293
-5%
|
296
+1%
|
296
+0%
|
319
+8%
|
302
-5%
|
306
+1%
|
311
+2%
|
339
+9%
|
331
-2%
|
345
+4%
|
358
+4%
|
387
+8%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(147)
|
(145)
|
(145)
|
(148)
|
(178)
|
(151)
|
(153)
|
(154)
|
(191)
|
(167)
|
(173)
|
(174)
|
(201)
|
(173)
|
(173)
|
(174)
|
(203)
|
(225)
|
(229)
|
(178)
|
(203)
|
(175)
|
(168)
|
(167)
|
(185)
|
(168)
|
(171)
|
(172)
|
(196)
|
(227)
|
(175)
|
(176)
|
(203)
|
(185)
|
(184)
|
(185)
|
(205)
|
(195)
|
(204)
|
(214)
|
(236)
|
|
Selling, General & Administrative |
(45)
|
(45)
|
(46)
|
(46)
|
(74)
|
(45)
|
(45)
|
(45)
|
(76)
|
(47)
|
(46)
|
(45)
|
(73)
|
(44)
|
(43)
|
(43)
|
(71)
|
(45)
|
(51)
|
(52)
|
(80)
|
(54)
|
(49)
|
(48)
|
(68)
|
(52)
|
(56)
|
(60)
|
(86)
|
(65)
|
(68)
|
(71)
|
(91)
|
(74)
|
(73)
|
(74)
|
(96)
|
(77)
|
(78)
|
(77)
|
(97)
|
|
Depreciation & Amortization |
(103)
|
(100)
|
(100)
|
(103)
|
(104)
|
(107)
|
(109)
|
(109)
|
(115)
|
(120)
|
(127)
|
(129)
|
(128)
|
(130)
|
(129)
|
(131)
|
(132)
|
(131)
|
(129)
|
(126)
|
(123)
|
(121)
|
(118)
|
(118)
|
(117)
|
(116)
|
(115)
|
(112)
|
(110)
|
(108)
|
(107)
|
(105)
|
(112)
|
(112)
|
(111)
|
(111)
|
(109)
|
(117)
|
(126)
|
(136)
|
(139)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(50)
|
(50)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(55)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
134
N/A
|
137
+2%
|
141
+3%
|
143
+1%
|
145
+1%
|
146
+1%
|
148
+1%
|
152
+3%
|
152
N/A
|
155
+2%
|
155
0%
|
156
+1%
|
161
+3%
|
160
-1%
|
160
N/A
|
160
0%
|
158
-1%
|
108
-32%
|
102
-6%
|
148
+46%
|
144
-3%
|
138
-4%
|
102
-26%
|
91
-10%
|
88
-4%
|
77
-12%
|
108
+40%
|
115
+6%
|
110
-4%
|
65
-41%
|
121
+86%
|
120
-1%
|
115
-4%
|
117
+2%
|
123
+5%
|
127
+3%
|
135
+6%
|
136
+1%
|
141
+4%
|
144
+2%
|
151
+5%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(58)
|
(56)
|
(54)
|
(54)
|
(54)
|
(56)
|
(7)
|
38
|
35
|
33
|
(19)
|
(66)
|
(65)
|
(64)
|
(64)
|
(64)
|
(65)
|
(65)
|
(64)
|
(63)
|
(62)
|
(61)
|
(62)
|
(63)
|
(63)
|
(62)
|
(59)
|
(56)
|
(53)
|
(50)
|
(48)
|
(47)
|
(47)
|
(48)
|
(48)
|
(48)
|
(48)
|
(50)
|
(54)
|
(57)
|
(61)
|
|
Non-Reccuring Items |
(16)
|
(14)
|
(14)
|
(14)
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
(36)
|
(36)
|
(36)
|
(36)
|
(50)
|
(50)
|
0
|
0
|
0
|
(38)
|
(83)
|
(83)
|
(83)
|
(67)
|
(22)
|
(36)
|
(69)
|
(55)
|
0
|
(41)
|
(7)
|
(0)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
|
Gain/Loss on Disposition of Assets |
8
|
21
|
21
|
41
|
120
|
112
|
112
|
93
|
6
|
1
|
8
|
7
|
7
|
0
|
0
|
0
|
0
|
43
|
43
|
43
|
43
|
0
|
0
|
2
|
2
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
3
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
0
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
1
|
0
|
1
|
1
|
3
|
10
|
3
|
3
|
1
|
1
|
(3)
|
(3)
|
(3)
|
(3)
|
1
|
1
|
1
|
(0)
|
(0)
|
(2)
|
(2)
|
2
|
4
|
5
|
6
|
12
|
12
|
12
|
10
|
7
|
5
|
3
|
1
|
|
Pre-Tax Income |
69
N/A
|
89
+29%
|
95
+6%
|
116
+22%
|
211
+82%
|
202
-4%
|
252
+25%
|
282
+12%
|
194
-31%
|
190
-2%
|
144
-24%
|
62
-57%
|
70
+13%
|
70
+1%
|
64
-9%
|
49
-23%
|
45
-9%
|
87
+96%
|
78
-11%
|
125
+61%
|
85
-32%
|
(9)
N/A
|
(43)
-379%
|
(51)
-20%
|
(39)
+24%
|
(7)
+83%
|
14
N/A
|
(13)
N/A
|
1
N/A
|
17
+2 499%
|
36
+110%
|
71
+100%
|
77
+8%
|
81
+5%
|
86
+6%
|
90
+5%
|
96
+6%
|
94
-2%
|
93
-1%
|
90
-3%
|
91
+2%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Income from Continuing Operations |
69
|
89
|
95
|
116
|
211
|
202
|
252
|
282
|
194
|
190
|
144
|
62
|
70
|
70
|
64
|
49
|
45
|
87
|
78
|
125
|
85
|
(9)
|
(43)
|
(51)
|
(39)
|
(7)
|
14
|
(13)
|
1
|
17
|
36
|
71
|
77
|
81
|
86
|
90
|
96
|
94
|
93
|
90
|
91
|
|
Income to Minority Interest |
(4)
|
(5)
|
(5)
|
(6)
|
0
|
1
|
(2)
|
(4)
|
(0)
|
(0)
|
2
|
7
|
(4)
|
(4)
|
(3)
|
(3)
|
(2)
|
(5)
|
(4)
|
(6)
|
(5)
|
(0)
|
2
|
2
|
2
|
0
|
(1)
|
0
|
(0)
|
(1)
|
(2)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(4)
|
(4)
|
(4)
|
(4)
|
|
Equity Earnings Affiliates |
9
|
10
|
10
|
11
|
12
|
12
|
14
|
11
|
11
|
10
|
9
|
2
|
2
|
2
|
2
|
9
|
1
|
0
|
(0)
|
0
|
8
|
8
|
3
|
1
|
1
|
1
|
7
|
9
|
9
|
10
|
9
|
9
|
9
|
8
|
8
|
8
|
8
|
9
|
10
|
10
|
11
|
|
Net Income (Common) |
72
N/A
|
92
+28%
|
98
+6%
|
119
+22%
|
220
+85%
|
213
-3%
|
262
+23%
|
286
+10%
|
202
-29%
|
197
-2%
|
154
-22%
|
70
-55%
|
67
-4%
|
67
+1%
|
61
-9%
|
54
-11%
|
42
-22%
|
82
+92%
|
73
-11%
|
118
+63%
|
87
-27%
|
(3)
N/A
|
(39)
-1 344%
|
(49)
-26%
|
(37)
+25%
|
(6)
+85%
|
19
N/A
|
(5)
N/A
|
8
N/A
|
25
+197%
|
42
+70%
|
76
+81%
|
81
+7%
|
84
+4%
|
89
+5%
|
93
+5%
|
98
+6%
|
97
-1%
|
97
+1%
|
95
-3%
|
98
+3%
|
|
EPS (Diluted) |
0.72
N/A
|
0.97
+35%
|
1.03
+6%
|
1.25
+21%
|
2.32
+86%
|
2.25
-3%
|
2.75
+22%
|
3.01
+9%
|
2.12
-30%
|
2.07
-2%
|
1.62
-22%
|
0.73
-55%
|
0.71
-3%
|
0.71
N/A
|
0.64
-10%
|
0.57
-11%
|
0.45
-21%
|
0.86
+91%
|
0.77
-10%
|
1.26
+64%
|
0.93
-26%
|
-0.01
N/A
|
-0.42
-4 100%
|
-0.53
-26%
|
-0.4
+25%
|
-0.05
+88%
|
0.2
N/A
|
-0.05
N/A
|
0.08
N/A
|
0.22
+175%
|
0.39
+77%
|
0.72
+85%
|
0.77
+7%
|
0.8
+4%
|
0.83
+4%
|
0.87
+5%
|
0.92
+6%
|
0.9
-2%
|
0.9
N/A
|
0.86
-4%
|
0.88
+2%
|