Tanger Factory Outlet Centers Inc
NYSE:SKT

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Tanger Factory Outlet Centers Inc Logo
Tanger Factory Outlet Centers Inc
NYSE:SKT
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Price: 34.34 USD -0.03% Market Closed
Market Cap: 3.8B USD
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Gross Margin
Tanger Factory Outlet Centers Inc

69.7%
Current
69%
Average
49.5%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
69.7%
=
Gross Profit
357.6m
/
Revenue
512.8m

Gross Margin Across Competitors

Country US
Market Cap 3.8B USD
Gross Margin
70%
Country US
Market Cap 56B USD
Gross Margin
83%
Country US
Market Cap 46.2B USD
Gross Margin
93%
Country US
Market Cap 14.5B USD
Gross Margin
69%
Country US
Market Cap 13.4B USD
Gross Margin
70%
Country SG
Market Cap 12.9B
Gross Margin
66%
Country AU
Market Cap 17.7B AUD
Gross Margin
70%
Country HK
Market Cap 82.1B HKD
Gross Margin
81%
Country US
Market Cap 9.5B USD
Gross Margin
67%
Country FR
Market Cap 8B EUR
Gross Margin
73%
Country US
Market Cap 8.3B USD
Gross Margin
75%
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Tanger Factory Outlet Centers Inc
Glance View

Market Cap
3.8B USD
Industry
Real Estate

Tanger Factory Outlet Centers Inc., rooted in a rich history, has carved a distinct niche within the retail real estate sector. Founded by Stanley K. Tanger in 1981, this company pioneered the open-air outlet shopping experience, transforming it into a mainstream retail concept. Tanger's business model capitalizes on owning, operating, and developing high-quality outlet centers across North America. Each center is strategically positioned in diverse locations often within proximity to major metropolitan areas or popular vacation destinations, drawing a consistent flow of price-conscious consumers seeking premium brands at reduced prices. The company thrives by leasing retail space to renowned brand-name manufacturers, offering them a direct-to-consumer channel to clear inventory and showcase their products. Revenue generation at Tanger is tied intrinsically to its tenants' success and the company's ability to maintain high occupancy rates. It employs a flexible leasing strategy that blends fixed base rents with variable income streams such as percentage rent, which ties lease payments to tenant sales performance. This structure aligns Tanger's interests with those of its tenants, as higher sales translate into increased rent revenues. Furthermore, the company is adept at incorporating marketing and events to attract foot traffic, enhancing the shopping experience to encourage consumer spending. Such initiatives ensure steady income flows while mitigating the impact of retail cycles, supporting their sustained growth within a competitive industry landscape.

SKT Intrinsic Value
24.68 USD
Overvaluation 28%
Intrinsic Value
Price

See Also

Discover More
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
69.7%
=
Gross Profit
357.6m
/
Revenue
512.8m
What is the Gross Margin of Tanger Factory Outlet Centers Inc?

Based on Tanger Factory Outlet Centers Inc's most recent financial statements, the company has Gross Margin of 69.7%.