Veris Residential, Inc.

Veris Residential, Inc.

VREยทNYSE

$18.99

+0.0000%
Real EstateREIT - Residential

Veris Residential, Inc. is a forward-thinking, environmentally- and socially-conscious real estate investment trust (REIT) that primarily owns, operates, acquires, and develops holistically-inspired, Class A multifamily properties that meet the sustainability-conscious lifestyle needs of today's residents while seeking to positively impact the communities it serves and the planet at large. The company is guided by an experienced management team and Board of Directors and is underpinned by leading corporate governance principles, a best-in-class and sustainable approach to operations, and an inclusive culture based on equality and meritocratic empowerment. For additional information on Veris Residential, Inc. and our properties available for lease, please visit http://www.verisresidential.com/.

At a Glance

Live Snapshot
Market Cap$1.78B
EPS0.8100
P/E Ratio18.46
Earnings Date07/22/2026
3Y+24.0%
5Y-8.0%
10Y-53.0%
3Y-231.0%
5Y-236.0%
10Y-36.0%
3Y+30.0%
5Y+1.0%
10Y-14.0%
Veris Residential, Inc.

Veris Residential, Inc. Profit Bridge

VRE ยท NYSE
Revenue288.43M
Cost of Goods Sold (284.81M)
Gross Profit3.62M
Operating Expenses (-45.76M)
Operating Income49.38M
Interest Expense (88.58M)
Other Income/Expense25.68M
Pretax Income75.06M
Income Tax (231.00K)
Net Income75.24M
Net Income
75.24M

Profitability Analysis

Gross Margin

1.3%

Thin margins leave little room for error. Cost management and pricing strategy are critical.

Operating Margin

17.1%

Healthy operating margins demonstrate effective cost control and strong business fundamentals.

Net Profit Margin

26.1%

Exceptional profitability. The company converts a significant portion of revenue to bottom-line earnings.

Effective Tax Rate

0.3%

Below-average tax rate suggests effective tax planning, favorable jurisdictions, or tax credits.

Profitability Insight

Efficient profit conversion: Minimal margin compression from gross to net indicates lean operations and favorable tax/interest environment.

Veris Residential, Inc. Income Statement

VRE โ€ข NYSE

Veris Residential, Inc. Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
REVENUE
288.4M
271.1M
260.3M
233.4M
323.4M
313.6M
350.9M
530.6M
616.2M
613.4M
594.9M
636.8M
667M
704.7M
724.3M
787.5M
764.5M
778M
808.4M
740.3M
GROSS PROFIT
(284.8M)
(276.6M)
(279.8M)
(282.2M)
(366.1M)
(141.4M)
(147.4M)
(224.2M)
(254.7M)
(267.2M)
(272.2M)
(302.3M)
(292.1M)
(280.1M)
(202.4M)
(342.3M)
(297.3M)
(317.5M)
(197.8M)
(196.2M)
3.6M
-5.5M
-19.5M
-48.8M
-42.7M
172.2M
203.5M
306.5M
361.5M
346.2M
322.7M
334.5M
374.9M
424.6M
521.9M
445.2M
467.2M
460.5M
610.5M
544.1M
OPERATING INCOME
-45.8M
-42.2M
-34.2M
-26M
-40.6M
(195.7M)
(191.8M)
(228.8M)
(256.1M)
(238.7M)
(219.5M)
(245.7M)
(230.4M)
(236.9M)
(316.6M)
(226.2M)
(242.4M)
(556.1M)
(591.8M)
(520.3M)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(73.6M)
(59.8M)
(54M)
(50.9M)
(52M)
(49.1M)
(73.2M)
(47.7M)
(47.9M)
(35.5M)
(35M)
(39.8M)
(44M)
(52.2M)
(49.1M)
49.4M
36.6M
14.6M
-22.8M
-2.1M
-23.5M
26.6M
53.1M
105.3M
104.6M
-96.3M
88.8M
33.6M
169.5M
205.3M
209.5M
208.3M
221.9M
216.5M
220.1M
PRE-TAX INCOME
(88.6M)
(88M)
(139.1M)
(66.4M)
(47.5M)
(81M)
(90.6M)
(77.6M)
(84.5M)
(94.9M)
(103.1M)
(112.9M)
(123.7M)
(122.4M)
(126M)
(149.3M)
(141.3M)
(128.1M)
(126.7M)
(136.4M)
-88.2M
-85.6M
-133.6M
-65.7M
-47M
-80.9M
-88.2M
-74.4M
-81.8M
-93.3M
-102.3M
-109.3M
-120.8M
-122M
-123.8M
-148.3M
-139.5M
-126.8M
-122M
-133.3M
-45.8M
-42.2M
-34.2M
-26M
-40.6M
(122M)
(132M)
(174.8M)
(205.2M)
(186.7M)
(170.4M)
(172.5M)
(182.8M)
(189M)
(281.1M)
(191.2M)
(202.5M)
(194.6M)
(539.7M)
(471.2M)
25.7M
-67.3M
-135.5M
-16.7M
-149.9M
-92M
104.2M
-60.2M
-71.6M
25.7M
-45.7M
-57.4M
-123.3M
-144M
2M
-143.8M
-159.9M
-157M
-106.1M
-75.4M
75.1M
-30.7M
-120.9M
-39.5M
-152M
-115.5M
252.6M
106.4M
33.7M
130.3M
-142.1M
31.4M
-89.7M
46.3M
81.4M
63.4M
63.7M
53.7M
110.5M
144.7M
NET INCOME
(231K)
(276K)
(492K)
(0.0)
(0.0)
(0.0)
(243.7M)
(137.1M)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(131.8M)
(136.5M)
(166.9M)
(144.9M)
(128.4M)
(289.2M)
(75.4M)
75.2M
-22.7M
-111M
-57.5M
-126.3M
-55.3M
252.6M
84.1M
23.2M
117.2M
-125.8M
28.6M
-14.9M
40.9M
71.4M
54.9M
54.6M
53.7M
110.5M
144.7M

SEC Filings

VRE - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 27, 2026
May 27, 2026
2026
8-K

8-K 2026

N/A

May 21, 2026
May 21, 2026
2026
8-K

8-K 2026

N/A

May 15, 2026
May 15, 2026
2026
10-Q

10-Q 2026 Q1

Q1

April 22, 2026
March 31, 2026
2026
10-K/A

10-K/A 2025 FY (Amended)

FY

March 23, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 23, 2026
February 22, 2026
2026
10-K

10-K 2025 FY

FY

February 23, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 23, 2026
February 23, 2026
2026
8-K

8-K 2025

N/A

November 12, 2025
November 12, 2025
2025
10-Q

10-Q 2025 Q3

Q3

October 22, 2025
September 30, 2025
2025
Showing 1 to 10 of 561 filings