Tanger Factory Outlet Centers
SKT
#3349
Rank
โ‚น293.11 B
Marketcap
โ‚น2,680
Share price
2.08%
Change (1 day)
38.84%
Change (1 year)

Operating Margin for Tanger Factory Outlet Centers (SKT)

Operating Margin as of September 2024 (TTM): 22.36%

According to Tanger Factory Outlet Centers 's latest financial reports and stock price the company's current Operating Margin is 22.36%. At the end of 2023 the company had an Operating Margin of 22.37%.

Operating Margin history for Tanger Factory Outlet Centers from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202322.37%15.35%
202219.39%765.36%
20212.24%-122.99%
2020-9.75%-150.28%
201919.39%110.46%
20189.21%-37.44%
201714.72%-66.44%
201643.86%-13.25%
201550.57%170.81%
201418.67%-36.59%
201329.45%86.15%
201215.82%-2.2%
201116.18%16.57%
201013.88%-49.41%
200927.43%-14.69%
200832.15%2.78%
200731.28%-4.27%
200632.68%-13.04%
200537.58%3.67%
200436.25%3.21%
200335.12%2.38%
200234.31%-3.84%
200135.68%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
2.30%-89.71%๐Ÿ‡บ๐Ÿ‡ธ USA
6.40%-71.38%๐Ÿ‡บ๐Ÿ‡ธ USA
-4.56%-120.39%๐Ÿ‡บ๐Ÿ‡ธ USA
10.26%-54.11%๐Ÿ‡บ๐Ÿ‡ธ USA
13.03%-41.73%๐Ÿ‡บ๐Ÿ‡ธ USA
9.98%-55.37%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.