Quality score · SKT · Real Estate

Is Tanger Inc. a quality business?

Tanger Inc. (SKT) scored on five pillars from its reported financial statements, and ranked against 84 Real Estate companies.

7.0/ 10
High quality
as of October 19, 2026
Profitability
7.7 Strong
Solvency
—
Growth
9.3 Strong
Efficiency
7.7 Strong
Predictability
3.3 Weak
Strongest pillar: Growth · Weakest: Predictability

Tanger Inc. (SKT) scores 7.0 out of 10 as of , computed from its reported financial statements. That reads as high quality. The reading rests on growth, and predictability is what holds it back.

One pillar, solvency, is unscored because the filings behind it carry too little to judge. It is shown as a dash rather than a zero, and the overall score is the weighted average of what could be scored.

Data provided by Twelve Data. Scores are computed by Lemma Analysis from reported financials.

Does Tanger Inc. have an economic moat?

Not enough data

We cannot judge Tanger Inc. yet, because fewer than five years had both a return on capital and a cost of capital we could measure. This is not a “no”.

Quantitative signs of a moat, read from the filed statements. This is not a judgement of where it comes from (brand, network effects, switching costs). How Lemma measures a moat →

How Tanger Inc. scores

On the filings behind it, Tanger Inc. earns 7.0 out of 10 for business quality as of October 19, 2026. That is high quality on our scale. A high reading means most of the pillars are strong, with no serious weakness pulling the average down. The figure is a weighted average of five pillars, each scored from 0 to 10 against sector-aware benchmarks from reported statements.

Set against 84 Real Estate companies, Tanger Inc. lands at the 99th percentile, among the top tenth of the group. The median across the group is 5.2, and the top quarter begins at 5.9, so Tanger Inc. is well above the typical company here.

Pillar by pillar

Profitability

Profitability scores 7.7 out of 10, which reads as strong. The median across 80 Real Estate companies is 4.8, so Tanger Inc. is well above its peers on this pillar and ranks at the 87th percentile. Returns and margins at this level leave room to reinvest, absorb a bad year or return cash to shareholders without straining the business.

Solvency

There is no solvency score for Tanger Inc.: too little of the pillar could be measured from the filings to give an honest reading. The overall is therefore the weighted average of the other pillars. Across 34 Real Estate companies the median for this pillar is 3.7. Without it the overall says nothing about how comfortably the company carries its debt.

Growth

Tanger Inc.’s growth score is 9.3 out of 10 (strong). Against a median of 5.2 among 74 Real Estate companies, that is well above the group and the 95th percentile. Growth at this level is valuable when it is sustained, and the predictability pillar is the place to check whether it has been steady.

Efficiency

Tanger Inc.’s efficiency score is 7.7 out of 10 (strong). Against a median of 6.4 among 80 Real Estate companies, that is above the group and the 84th percentile. A strong efficiency reading usually shows up as healthy cash conversion: reported profit arriving as real cash rather than staying on the balance sheet.

Predictability

On predictability, Tanger Inc. scores 3.3, a weak reading. Its peers have a median of 4.9 across 83 Real Estate companies, which places it well below them, at the 22nd percentile. Weak predictability means revenue or earnings have swung widely from year to year, so any single year’s figures are a less reliable guide.

Strongest and weakest pillar

This is a lopsided profile. Growth scores 9.3 but predictability only 3.3, a gap of 6.0 points, so the overall hides a business that is excellent in one respect and weak in another. A growth lead says the business is expanding faster than it is doing anything else well, which is worth checking against predictability. A predictability shortfall means the record is volatile, so the averages behind the other pillars move more than they appear to.

What would move the score

Of everything that could lift Tanger Inc.’s score, predictability matters most. Bringing it up to the 4.9 median of Real Estate companies would take the overall from 7.0 to roughly 7.4. Only four of the five pillars could be scored. Together they carry 80 of the 100 weight points (the full set is profitability 25, solvency 20, growth 20, efficiency 15, predictability 20), and the overall is the weighted average of those alone.

Tanger Inc. and similar companies

These are the Real Estate companies closest to Tanger Inc. in market value. Each has its own page scored on the same five pillars, so the comparison is like for like.

What each pillar measures

Profitability

7.7 / 10

How much profit the company generates from its capital and sales.

Solvency

—

The company’s ability to service debt and meet its obligations.

Growth

9.3 / 10

How fast revenue, earnings and cash flow are compounding.

Efficiency

7.7 / 10

How well assets and earnings convert into cash and output.

Predictability

3.3 / 10

How stable and consistent results have been over time.

How this score is calculated

Each metric is scored from 0 to 10 against sector-aware benchmarks, where higher is better. Metrics roll up into five pillars, and the pillars combine into the overall score using the weights shown. Sector-sensitive metrics are judged relative to peers in the same sector.

Limitations

This score is a systematic, backward-looking read of reported fundamentals. It does not judge valuation, management quality, competitive moat, or future prospects, and can be distorted by one-off items or unusual accounting. Treat it as a starting point, not a recommendation.

Educational only. Not investment advice.

FAQ

Is Tanger Inc. a quality business?

On this reading Tanger Inc. scores 7.0 out of 10, which reads as high quality. Its strongest pillar is growth, its weakest is predictability. Quality is not the same as a good investment: the score says nothing about the price you would pay.

How does Tanger Inc. compare with other Real Estate companies?

Tanger Inc. ranks at the 99th percentile of the 84 Real Estate companies Lemma publishes a score for. The median there is 5.2 and the top quarter starts at 5.9, against Tanger Inc.’s 7.0.

What does the SKT quality score measure?

Five pillars, each scored from 0 to 10 against sector-aware benchmarks and then weighted into one overall reading: profitability, solvency, growth, efficiency and predictability. Everything comes from reported financials, and nothing comes from price, sentiment or forecasts.

How current is this score?

This page last changed on October 19, 2026. The score moves with the financial statements, so the page changes when a new filing moves the reading rather than on a schedule. Live figures for SKT are in the app.

Does a high score mean the stock is cheap?

No. Quality and valuation are separate questions, and a good business at the wrong price is still a bad purchase. Score the business here, then price it with a DCF you control.

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Inside Lemma Analysis the same five pillars run on every company we cover, with the metrics behind each one, current fundamentals, a DCF you control and a watchlist that tells you when the price catches up.

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