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Tanger (LTS:0LD4) Net Margin % : 18.17% (As of Mar. 2024)


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What is Tanger Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Tanger's Net Income for the three months ended in Mar. 2024 was $22.4 Mil. Tanger's Revenue for the three months ended in Mar. 2024 was $123.4 Mil. Therefore, Tanger's net margin for the quarter that ended in Mar. 2024 was 18.17%.

The historical rank and industry rank for Tanger's Net Margin % or its related term are showing as below:

LTS:0LD4' s Net Margin % Range Over the Past 10 Years
Min: -9.3   Med: 18.03   Max: 48.07
Current: 20.47


LTS:0LD4's Net Margin % is ranked worse than
58.46% of 792 companies
in the REITs industry
Industry Median: 32.385 vs LTS:0LD4: 20.47

Tanger Net Margin % Historical Data

The historical data trend for Tanger's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Tanger Net Margin % Chart

Tanger Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.37 -9.30 2.14 18.54 21.35

Tanger Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.61 21.87 23.54 18.66 18.17

Competitive Comparison of Tanger's Net Margin %

For the REIT - Retail subindustry, Tanger's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tanger's Net Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Tanger's Net Margin % distribution charts can be found below:

* The bar in red indicates where Tanger's Net Margin % falls into.



Tanger Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Tanger's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=99.151/464.407
=21.35 %

Tanger's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=22.413/123.371
=18.17 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Tanger  (LTS:0LD4) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Tanger Net Margin % Related Terms

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Tanger (LTS:0LD4) Business Description

Traded in Other Exchanges
Address
3200 Northline Avenue, Suite 360, Greensboro, NC, USA, 27408
Tanger Inc Formerly Tanger Factory Outlet Centers Inc is the owner and operator of outlet centers in the United States and Canada. It is a fully-integrated, self-administered and self-managed REIT, which focuses on developing, acquiring, owning, operating and managing outlet shopping centers. Substantially majority of the firm's revenue is derived from rental income from real property. Geographically, the activities are carried out through the United States.

Tanger (LTS:0LD4) Headlines

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