VRE
Veris Residential Inc.
$18.99
-$0.01(-0.05%)
71
Overall
80
Value
66
Tech
68
Quality
Market Cap
$1.39B
Volume
4.31M
52W Range
$13.69 - $19.03
Target Price
$19.40
Order:
Income Statement
| Metric | Trend | Chart | 2016 Dec | 2017 Dec | 2018 Dec | 2019 Dec | 2020 Dec | 2021 Dec | 2022 Dec | 2023 Dec | 2024 Dec | 2025 Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| REVENUE | ||||||||||||
| Total Revenue | $599.8M | $616.2M | $683.5M | $659.6M | $313.6M | $323.4M | $233.4M | $260.3M | $271.1M | $288.4M | ||
| Total Revenue | $613.4M | $616.2M | $365.7M | $357.2M | $313.6M | $194.6M | $233.4M | $260.3M | $271.1M | $288.4M | ||
| COST OF GOODS SOLD | ||||||||||||
| Cost of Revenue | $-49.6M | $-42.6M | $-23.8M | $17.9M | $141.4M | $95.4M | $111.4M | $7.7M | $8.2M | $9.3M | ||
| GROSS PROFIT | ||||||||||||
| Gross Profit | $521.0M | $550.2M | $617.2M | $339.3M | $172.2M | $99.2M | $122.1M | $153.0M | $262.9M | $279.1M | ||
| OPERATING EXPENSES | ||||||||||||
| Operating Expenses | $-104.0M | $-107.4M | $-70.8M | $70.4M | $68.3M | $71.2M | $141.4M | $50.8M | $48.2M | $48.0M | ||
| Selling, General & Administrative | $52.0M | $50.9M | $53.9M | $59.8M | $71.1M | $57.2M | $56.0M | $44.4M | $39.1M | $36.8M | ||
| General & Administrative Expenses | $52.0M | $50.9M | $53.9M | $59.8M | $71.1M | $57.2M | $56.0M | $44.4M | $39.1M | $36.8M | ||
| Salaries & Wages | $104.0M | $107.4M | $70.1M | -- | $771.0K | $844.0K | -- | -- | -- | -- | ||
| Depreciation & Amortization | $186.7M | $205.2M | $112.2M | $133.6M | $122.0M | $110.0M | $85.4M | -- | -- | -- | ||
| Depreciation & Amortization | $186.7M | $205.2M | $112.2M | $133.6M | $122.0M | $110.0M | $85.4M | -- | -- | -- | ||
| Amortization | $-4.6M | $-4.6M | $-5.0M | $7.6M | $7.5M | $7.5M | $4.8M | $4.4M | $6.1M | -- | ||
| Other Operating Expenses | -- | -- | -- | $70.4M | $68.3M | $71.2M | $52.8M | $50.8M | $48.2M | $48.0M | ||
| OPERATING INCOME | ||||||||||||
| Operating income | $91.0M | $105.3M | $336.6M | $381.5M | $62.2M | $85.3M | $-8.8M | $36.5M | $55.4M | $156.1M | ||
| EBITDA | $712.9M | $654.0M | $744.4M | $1.1B | $87.5M | $140.6M | $116.7M | $59.1M | $150.2M | $258.9M | ||
| NON-OPERATING ITEMS | ||||||||||||
| Interest Expense (Non-Operating) | $94.9M | $93.4M | $77.3M | $90.6M | $81.0M | $47.5M | $66.4M | $89.4M | $88.0M | $88.6M | ||
| Intinc | -- | -- | $3.2M | -- | -- | -- | -- | -- | $2.4M | -- | ||
| Net Non-Operating Interest Income/Expense | $-94.9M | $-93.4M | $-59.9M | $-90.6M | $-81.0M | $-65.2M | $65.7M | $-89.4M | $-88.0M | $-88.6M | ||
| Gain on Sale of Securities | $5.7M | $23.1M | -- | $2.6M | $35.2M | $-47.1M | -- | -- | -- | -- | ||
| Other Income/Expense | $-147.8M | $-19.4M | $-99.3M | $-344.3M | $-309.5M | $50.2M | $45.5M | $-367.0K | $-9.4M | $-97.8M | ||
| Other Special Charges | $13.6M | $-421.0K | $-10.8M | $1.6M | $272.7M | $-47.1M | $-129.0K | $-2.7M | $-1.5M | $-3.4M | ||
| SPECIAL ITEMS | ||||||||||||
| Restructring And Mn A Income | $-35.9M | $-36.1M | $-11.8M | -- | -- | -- | -- | -- | -- | $86.3M | ||
| Special Income Charges | $35.9M | $36.1M | $30.9M | -- | -- | $-2.9M | -- | -- | -- | $-86.3M | ||
| Impairment of Capital Assets | -- | -- | $-24.6M | -- | -- | $2.9M | -- | -- | -- | -- | ||
| PRE-TAX INCOME | ||||||||||||
| EBIT | $116.3M | $21.2M | $386.6M | $725.8M | $-34.5M | $17.4M | $26.8M | $-31.5M | $56.9M | $163.3M | ||
| Pre-Tax Income | $143.9M | $31.4M | $407.0M | $635.2M | $290.7M | $-30.1M | $-39.5M | $-120.9M | $-30.7M | $75.1M | ||
| INCOME TAX | ||||||||||||
| Tax Provision | $30.5M | $421.0K | $8.9M | -- | -- | -- | -- | $492.0K | $276.0K | $231.0K | ||
| NET INCOME | ||||||||||||
| Net Income | $117.2M | $23.2M | $401.9M | $125.1M | $-51.4M | $-119.0M | $-52.1M | $-107.3M | $-23.1M | $75.2M | ||
| Net Income (Continuing Operations) | $117.2M | $23.2M | $401.9M | $125.1M | $-51.4M | $-30.1M | $-39.5M | $-121.4M | $-31.3M | $74.5M | ||
| Net Income (Discontinued Operations) | $117.2M | $23.2M | $401.9M | $125.1M | $-51.4M | $-119.0M | $-52.1M | $-107.3M | $-23.1M | $75.2M | ||
| Net Income (Common Stockholders) | $117.2M | $23.2M | $401.9M | $494.3M | $-51.4M | $-119.0M | $-52.1M | $-107.3M | $-23.1M | $75.2M | ||
| Normalized Income | -- | -- | -- | -- | -- | -- | -- | -- | -- | $69.7M | ||
| TOTALS | ||||||||||||
| Total Expenses | $-153.6M | $-150.0M | $-94.6M | $88.3M | $82.0M | $166.7M | $252.8M | $58.5M | $56.4M | $57.3M | ||
| SHARE & EPS DATA | ||||||||||||
| Average Shares Outstanding | $190.0M | $190.4M | $191.0M | $191.1M | $190.9M | $190.7M | $91.0M | $91.9M | $92.7M | $93.4M | ||
| Average Shares Outstanding (Diluted) | $201.0M | $201.4M | $201.4M | $201.4M | $200.5M | $199.8M | $100.3M | $100.8M | $101.4M | $102.4M | ||
| Shares Outstanding | $89.8M | $90.1M | $90.3M | $90.6M | $90.7M | $90.9M | $91.2M | $92.2M | $93.0M | $93.5M | ||
| Basic EPS | $1.31 | $0.06 | $0.80 | $0.95 | $-0.70 | $-1.39 | $-0.63 | $-1.22 | $-0.25 | $0.81 | ||
| Basic EPS (Continuing Operations) | -- | -- | -- | $2.03 | $-1.51 | $-1.79 | $-0.62 | $-1.66 | $-0.29 | $0.77 | ||
| Diluted EPS | $1.3 | $0.06 | $0.80 | $0.95 | $-0.70 | $-1.39 | $-0.63 | $-1.22 | $-0.25 | $0.80 | ||
| Diluted EPS (Continuing Operations) | -- | -- | -- | $2.03 | $-1.51 | $-1.79 | $-0.62 | $-1.66 | $-0.29 | $0.76 | ||
| Dividend Per Share | $0.60 | $0.75 | $0.80 | $0.80 | $0.40 | -- | -- | -- | $0.24 | $0.32 | ||
| OTHER METRICS | ||||||||||||
| Acquired In Process Rn D | -- | -- | $30.9M | -- | -- | -- | -- | -- | -- | -- | ||
| Acquisition Expense | -- | -- | -- | -- | -- | -- | -- | $86.2M | -- | -- | ||
| Basic Discontinuous Operations | -- | -- | -- | $-1.08 | $0.81 | $0.40 | $-0.01 | $0.44 | $0.04 | $0.04 | ||
| Diluted Discontinuous Operations | -- | -- | -- | $-1.08 | $0.81 | $0.40 | $-0.01 | $0.44 | $0.04 | $0.04 | ||
| Earnings from equity interest | $18.8M | $-6.1M | $-127.0K | $-1.3M | $31.4M | $-6.1M | $1.2M | $3.1M | $10.9M | $10.4M | ||
| Earnings From Equity Interest Net Of Tax | $18.8M | $-6.1M | $-127.0K | $-1.3M | $31.4M | $-6.1M | $1.2M | $3.1M | $10.9M | $10.4M | ||
| Excise Taxes | -- | -- | -- | -- | -- | -- | -- | -- | $82.8M | -- | ||
| Gain On Sale Of P P E | $109.7M | $2.4M | $99.4M | $343.1M | $5.5M | $3.0M | $66.1M | -- | -- | $90.8M | ||
| Gains Loss On Disposal Of Discontinued Operations | $117.3M | -- | $26.1M | $-133.3M | $11.2M | $25.6M | $69.4M | $41.7M | $3.4M | -- | ||
| Interest Expense Operating | $-122.4M | $-103.6M | $-97.7M | -- | -- | -- | -- | -- | -- | -- | ||
| Loss And Loss Adjustment Expected Incurred | -- | -- | -- | -- | -- | $-200.0K | -- | -- | -- | -- | ||
| Minority Interests | $-13.1M | $-10.5M | $-19.6M | $-42.4M | $-17.8M | $-9.5M | $-17.2M | $5.9M | $3.9M | $-3.4M | ||
| Net Income Discontinuous Operations | $117.3M | -- | $26.1M | $-109.0M | $81.9M | $42.5M | $4.6M | $9.0M | $4.3M | $4.1M | ||
| Net Income From Other Gains Losses | $17.0M | $2.8M | $-2.7M | $10.5M | $-7.9M | $-3.9M | -- | -- | -- | -- | ||
| Other Gain Loss From Disposition Of Discontinued Operations | -- | -- | -- | $24.4M | $70.7M | $16.9M | $-64.7M | $-32.7M | $862.0K | $4.1M | ||
| Other Gand A | $52.0M | $50.9M | $53.9M | $59.8M | $71.1M | $57.2M | $56.0M | $44.4M | $39.1M | $36.8M | ||
| Other Impairment Of Capital Assets | -- | -- | -- | -- | $36.6M | -- | -- | -- | -- | -- | ||
| Other Taxes | $87.4M | $81.4M | $44.4M | $44.8M | $45.8M | $47.1M | $39.1M | $34.7M | $37.4M | $38.4M | ||
| Provision For Gain Loss On Disposal | -- | -- | -- | -- | -- | $-200.0K | -- | -- | -- | -- | ||
| Rent And Landing Fees | $52.0M | $50.9M | $53.9M | -- | -- | -- | -- | -- | -- | -- | ||
| Restruct | $-35.9M | $-36.1M | $-11.8M | -- | -- | -- | -- | -- | -- | $86.3M | ||
Financial data is updated quarterly and may not reflect the most recent earnings.
| A | B | C | D | |
|---|---|---|---|---|
| 1 | Symbol | Price | Change | Vol |
| 2 | VRE | $18.99 | -0.1% | 4.31M |
| 3 | ||||
| 4 | ||||
| 5 | ||||
| 6 |