Tanger Historical Income Statement

SKT Stock  USD 34.21  0.13  0.38%   
Historical analysis of Tanger Factory income statement accounts such as Gross Profit of 208.6 M, Other Operating Expenses of 198.9 M, Operating Income of 94.8 M or Ebit of 87.6 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 closely tied 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

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 334.8 M in 2024, whereas Total Revenue is likely to drop slightly above 289.5 M in 2024.

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.
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 closely tied 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 334.8 M in 2024, whereas Total Revenue is likely to drop slightly above 289.5 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit285.8M298.7M318.9M208.6M
Total Revenue426.5M442.6M464.4M289.5M

Tanger Factory income statement Correlations

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0.440.360.930.920.910.70.270.850.340.12-0.10.040.40.850.56-0.850.88-0.08-0.120.460.450.12-0.290.2
0.430.360.560.580.630.43-0.10.370.920.04-0.340.08-0.290.61-0.25-0.640.32-0.260.730.630.640.00.72-0.79
0.430.930.561.00.990.810.310.90.50.27-0.110.180.290.940.45-0.850.82-0.180.080.610.610.02-0.010.04
0.410.920.581.00.980.820.330.90.530.28-0.10.20.270.940.43-0.860.82-0.190.10.610.610.020.010.02
0.520.910.630.990.980.760.180.840.550.17-0.220.070.210.930.36-0.850.75-0.190.170.660.660.020.09-0.07
0.180.70.430.810.820.760.480.830.360.590.290.520.450.750.44-0.670.72-0.19-0.10.430.42-0.220.030.09
-0.670.27-0.10.310.330.180.480.540.060.60.650.610.470.270.45-0.190.45-0.01-0.39-0.03-0.03-0.2-0.320.38
0.260.850.370.90.90.840.830.540.340.510.190.410.630.860.63-0.730.79-0.19-0.110.50.5-0.25-0.160.21
0.230.340.920.50.530.550.360.060.340.07-0.20.19-0.360.54-0.18-0.630.36-0.190.760.550.570.150.58-0.73
-0.240.120.040.270.280.170.590.60.510.070.810.940.50.270.43-0.150.31-0.12-0.150.140.14-0.550.020.24
-0.58-0.1-0.34-0.11-0.1-0.220.290.650.19-0.20.810.850.5-0.150.370.090.160.07-0.46-0.27-0.27-0.45-0.260.39
-0.340.040.080.180.20.070.520.610.410.190.940.850.360.150.28-0.180.32-0.04-0.070.00.0-0.490.080.12
0.010.4-0.290.290.270.210.450.470.63-0.360.50.50.360.260.67-0.150.35-0.05-0.640.030.02-0.57-0.470.54
0.440.850.610.940.940.930.750.270.860.540.27-0.150.150.260.52-0.730.66-0.360.180.780.770.080.01-0.07
0.030.56-0.250.450.430.360.440.450.63-0.180.430.370.280.670.52-0.20.43-0.1-0.470.390.380.04-0.710.58
-0.42-0.85-0.64-0.85-0.86-0.85-0.67-0.19-0.73-0.63-0.150.09-0.18-0.15-0.73-0.2-0.91-0.07-0.16-0.37-0.37-0.04-0.10.17
0.180.880.320.820.820.750.720.450.790.360.310.160.320.350.660.43-0.910.15-0.150.170.170.03-0.240.22
-0.15-0.08-0.26-0.18-0.19-0.19-0.19-0.01-0.19-0.19-0.120.07-0.04-0.05-0.36-0.1-0.070.15-0.17-0.37-0.37-0.04-0.10.17
0.35-0.120.730.080.10.17-0.1-0.39-0.110.76-0.15-0.46-0.07-0.640.18-0.47-0.16-0.15-0.170.410.420.170.73-0.78
0.470.460.630.610.610.660.43-0.030.50.550.14-0.270.00.030.780.39-0.370.17-0.370.411.00.070.26-0.38
0.470.450.640.610.610.660.42-0.030.50.570.14-0.270.00.020.770.38-0.370.17-0.370.421.00.070.27-0.39
0.010.120.00.020.020.02-0.22-0.2-0.250.15-0.55-0.45-0.49-0.570.080.04-0.040.03-0.040.170.070.07-0.31-0.05
0.22-0.290.72-0.010.010.090.03-0.32-0.160.580.02-0.260.08-0.470.01-0.71-0.1-0.24-0.10.730.260.27-0.31-0.82
-0.250.2-0.790.040.02-0.070.090.380.21-0.730.240.390.120.54-0.070.580.170.220.17-0.78-0.38-0.39-0.05-0.82
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Tanger Factory Account Relationship Matchups

Tanger Factory income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization123.3M302.0M110.0M327.4M108.9M88.7M
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 Profit320.6M252.9M285.8M298.7M318.9M208.6M
Other Operating Expenses334.8M302.0M316.6M327.4M348.2M198.9M
Operating Income148.6M90.0M117.3M129.9M133.8M94.8M
Ebit148.6M(94.8M)117.3M(85.6M)133.8M87.6M
Ebitda271.9M207.2M227.3M241.8M242.7M176.3M
Total Operating Expenses177.1M164.9M175.8M183.4M318.9M334.8M
Income Before Tax92.7M(38.0M)9.6M85.8M103.9M65.7M
Total Other Income Expense Net(55.9M)(128.0M)(107.7M)(141.3M)(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 Revenue157.7M137.1M140.7M143.9M145.5M123.5M
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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Additional Tools for Tanger Stock Analysis

When running Tanger Factory's price analysis, check to measure Tanger Factory's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tanger Factory is operating at the current time. Most of Tanger Factory's value examination focuses on studying past and present price action to predict the probability of Tanger Factory's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tanger Factory's price. Additionally, you may evaluate how the addition of Tanger Factory to your portfolios can decrease your overall portfolio volatility.