Tanger Past Earnings Performance
Past criteria checks 2/6
Tanger has been growing earnings at an average annual rate of 33.4%, while the Retail REITs industry saw earnings growing at 19.5% annually. Revenues have been growing at an average rate of 2.3% per year. Tanger's return on equity is 16.9%, and it has net margins of 18.1%.
Key information
33.4%
Earnings growth rate
30.7%
EPS growth rate
| Retail REITs Industry Growth | 8.1% |
| Revenue growth rate | 2.3% |
| Return on equity | 16.9% |
| Net Margin | 18.1% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Tanger makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 523 | 95 | 97 | 0 |
| 30 Jun 24 | 507 | 97 | 98 | 0 |
| 31 Mar 24 | 488 | 97 | 97 | 0 |
| 31 Dec 23 | 473 | 98 | 97 | 0 |
| 30 Sep 23 | 461 | 90 | 95 | 0 |
| 30 Jun 23 | 455 | 87 | 91 | 0 |
| 31 Mar 23 | 451 | 84 | 92 | 0 |
| 31 Dec 22 | 451 | 81 | 89 | 0 |
| 30 Sep 22 | 447 | 79 | 88 | 0 |
| 30 Jun 22 | 448 | 44 | 88 | 0 |
| 31 Mar 22 | 444 | 25 | 84 | 0 |
| 31 Dec 21 | 435 | 8 | 86 | 0 |
| 30 Sep 21 | 435 | -5 | 77 | 0 |
| 30 Jun 21 | 423 | 20 | 74 | 0 |
| 31 Mar 21 | 384 | -6 | 69 | 0 |
| 31 Dec 20 | 394 | -37 | 68 | 0 |
| 30 Sep 20 | 403 | -49 | 74 | 0 |
| 30 Jun 20 | 421 | -39 | 71 | 0 |
| 31 Mar 20 | 475 | -3 | 76 | 0 |
| 31 Dec 19 | 486 | 87 | 75 | 0 |
| 30 Sep 19 | 491 | 118 | 75 | 0 |
| 30 Jun 19 | 495 | 73 | 78 | 0 |
| 31 Mar 19 | 500 | 82 | 72 | 0 |
| 31 Dec 18 | 503 | 42 | 71 | 0 |
| 30 Sep 18 | 503 | 54 | 72 | 0 |
| 30 Jun 18 | 501 | 61 | 72 | 0 |
| 31 Mar 18 | 501 | 67 | 73 | 0 |
| 31 Dec 17 | 490 | 67 | 73 | 0 |
| 30 Sep 17 | 494 | 59 | 74 | 0 |
| 30 Jun 17 | 493 | 143 | 75 | 0 |
| 31 Mar 17 | 486 | 187 | 74 | 0 |
| 31 Dec 16 | 480 | 192 | 75 | 0 |
| 30 Sep 16 | 468 | 275 | 73 | 0 |
| 30 Jun 16 | 462 | 250 | 74 | 0 |
| 31 Mar 16 | 457 | 202 | 74 | 0 |
| 31 Dec 15 | 451 | 209 | 74 | 0 |
| 30 Sep 15 | 446 | 119 | 72 | 0 |
| 30 Jun 15 | 437 | 98 | 71 | 0 |
| 31 Mar 15 | 431 | 92 | 70 | 0 |
| 31 Dec 14 | 428 | 72 | 70 | 0 |
| 30 Sep 14 | 425 | 77 | 67 | 0 |
| 30 Jun 14 | 424 | 107 | 65 | 0 |
| 31 Mar 14 | 411 | 105 | 64 | 0 |
| 31 Dec 13 | 396 | 106 | 63 | 0 |
Quality Earnings: T6O has high quality earnings.
Growing Profit Margin: T6O's current net profit margins (18.1%) are lower than last year (19.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: T6O's earnings have grown significantly by 33.4% per year over the past 5 years.
Accelerating Growth: T6O's earnings growth over the past year (5.7%) is below its 5-year average (33.4% per year).
Earnings vs Industry: T6O earnings growth over the past year (5.7%) did not outperform the Retail REITs industry 12.8%.
Return on Equity
High ROE: T6O's Return on Equity (16.9%) is considered low.