8-K Announcements
6Feb 23, 2026·SEC
Feb 23, 2026·SEC
Nov 12, 2025·SEC
Veris Residential, Inc. (VRE) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Veris Residential, Inc. (VRE) stock price & volume — 10-year historical chart
Veris Residential, Inc. (VRE) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Veris Residential, Inc. (VRE) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 22, 2026 | $0.06vs $0.18-66.7% | $70Mvs $63M+10.8% |
| Q1 2026 | Feb 23, 2026 | $0.19vs $0.16+18.8% | $71Mvs $71M+0.5% |
| Q4 2025 | Oct 22, 2025 | $0.20vs $0.15+33.3% | $73Mvs $71M+3.7% |
| Q3 2025 | Jul 23, 2025 | $0.17vs $0.14+21.4% | $76Mvs $74M+3.0% |
Veris Residential, Inc. (VRE) competitors in Diversified apartment REITs — business model, growth, and fundamentals comparison
Veris Residential, Inc. (VRE) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Veris Residential, Inc. (VRE) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 616.2M | 365.71M | 357.2M | 313.56M | 323.39M | 233.45M | 260.3M | 271.07M | 288.43M | 290.78M |
| Revenue Growth % | 0.46% | -40.65% | -2.33% | -12.22% | 3.13% | -27.81% | 11.5% | 4.14% | 6.4% | 7.11% |
| Property Operating Expenses | 665.07M | 380.67M | 529.92M | 385.48M | 366.09M | 282.25M | 279.81M | 276.61M | 284.81M | 222.66M |
| Net Operating Income (NOI) | -48.87M▲ 0% | -14.96M▲ 69.4% | -172.72M▼ 1055.0% | -71.92M▲ 58.4% | -42.7M▲ 40.6% | -48.8M▼ 14.3% | -19.52M▲ 60.0% | -5.54M▲ 71.6% | 3.62M▲ 165.4% | 68.11M▲ 0% |
| NOI Margin % | -7.93% | -4.09% | -48.35% | -22.94% | -13.2% | -20.9% | -7.5% | -2.04% | 1.26% | 23.42% |
| Operating Expenses | -154.18M | -72.39M | -146.36M | -48.39M | -40.63M | -25.95M | -34.16M | -42.15M | -45.76M | -24.33M |
| G&A Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10.55M |
| EBITDA | 310.48M | 169.68M | 164.09M | 98.51M | 107.97M | 62.59M | 100.88M | 119.39M | 135.65M | 128.95M |
| EBITDA Margin % | 50.39% | 46.4% | 45.94% | 31.42% | 33.39% | 26.81% | 38.76% | 44.04% | 47.03% | 44.35% |
| Depreciation & Amortization | 205.17M | 112.24M | 190.45M | 122.03M | 110.04M | 85.43M | 86.23M | 82.77M | 86.26M | 86.24M |
| D&A / Revenue % | 33.3% | 30.69% | 53.32% | 38.92% | 34.03% | 36.6% | 33.13% | 30.54% | 29.91% | 29.66% |
| Operating Income | 105.31M▲ 0% | 57.44M▼ 45.5% | -26.36M▼ 145.9% | -23.52M▲ 10.8% | -2.07M▲ 91.2% | -22.85M▼ 1003.7% | 14.65M▲ 164.1% | 36.62M▲ 150.0% | 49.38M▲ 34.9% | 42.71M▲ 0% |
| Operating Margin % | 17.09% | 15.71% | -7.38% | -7.5% | -0.64% | -9.79% | 5.63% | 13.51% | 17.12% | 14.69% |
| Interest Expense | 84.52M | 77.59M | 90.57M | 80.99M | 47.51M | 66.38M | 139.14M | 87.98M | 88.58M | 4M |
| Interest Coverage | 1.42x | 2.25x | 3.20x | -0.43x | -1.83x | 0.41x | 0.16x | 0.68x | 1.84x | - |
| Non-Operating Income | -14.8M | -117.34M | -316.45M | 10.99M | 84.74M | -50.36M | -7.18M | -23.63M | -113.59M | -113.34M |
| Pretax Income | 33.72M▲ 0% | 94.48M▲ 180.2% | 195.97M▲ 107.4% | -115.52M▼ 159.0% | -152M▼ 31.6% | -39.53M▲ 74.0% | -120.86M▼ 205.7% | -30.7M▲ 74.6% | 75.06M▲ 344.5% | 73.35M▲ 0% |
| Pretax Margin % | 5.47% | 25.84% | 54.86% | -36.84% | -47% | -16.93% | -46.43% | -11.32% | 26.02% | 25.23% |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 492K | 276K | 231K | 258K |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% | -0.41% | -0.9% | 0.31% | 0.35% |
| Net Income | 5.23M▲ 0% | 103.54M▲ 1878.3% | 18.67M▼ 82.0% | -55.32M▼ 396.4% | -126.33M▼ 128.4% | -57.54M▲ 54.5% | -111M▼ 92.9% | -22.75M▲ 79.5% | 75.24M▲ 430.7% | 70.34M▲ 0% |
| Net Margin % | 0.85% | 28.31% | 5.23% | -17.64% | -39.06% | -24.65% | -42.64% | -8.39% | 26.09% | 24.19% |
| Net Income Growth % | -95.53% | 1878.28% | -81.97% | -396.36% | -128.36% | 54.45% | -92.91% | 79.51% | 430.74% | 336.18% |
| Funds From Operations (FFO) | 210.4M▲ 0% | 215.79M▲ 2.6% | 209.12M▼ 3.1% | 66.71M▼ 68.1% | -16.29M▼ 124.4% | 27.89M▲ 271.2% | -24.77M▼ 188.8% | 60.02M▲ 342.4% | 161.5M▲ 169.1% | 156.57M▲ 0% |
| FFO Margin % | 34.15% | 59% | 58.54% | 21.28% | -5.04% | 11.95% | -9.52% | 22.14% | 55.99% | 53.85% |
| FFO Growth % | -30.77% | 2.56% | -3.09% | -68.1% | -124.42% | 271.19% | -188.79% | 342.36% | 169.06% | 882.03% |
| FFO per Share | 2.09 | 2.14 | 2.08 | 0.74 | -0.18 | 0.31 | -0.25 | 0.59 | 1.58 | 1.53 |
| FFO Payout Ratio % | 36.99% | 37.34% | 38.59% | 90.73% | -2.92% | 0.22% | 0% | 40.07% | 20.44% | 5.28% |
| EPS (Diluted) | 0.06▲ 0% | 0.84▲ 1300.0% | 0.09▼ 89.6% | -1.57▼ 1892.2% | -1.39▲ 11.5% | -0.63▲ 54.7% | -1.11▼ 76.2% | -0.25▲ 77.5% | 0.80▲ 420.0% | 0.69▲ 0% |
| EPS Growth % | -95.38% | 1300% | -89.57% | -1892.24% | 11.46% | 54.68% | -76.19% | 77.48% | 420% | 352.57% |
| EPS (Basic) | 0.06 | 0.84 | 0.10 | -1.57 | -1.39 | -0.63 | -1.22 | -0.25 | 0.81 | - |
| Diluted Shares Outstanding | 100.7M | 100.72M | 100.69M | 90.65M | 90.84M | 91.05M | 100.81M | 101.38M | 102.36M | 102.14M |
Veris Residential, Inc. (VRE) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 4.96B | 5.06B | 5.29B | 5.15B | 4.53B | 3.92B | 3.24B | 2.98B | 2.71B | 2.68B |
| Asset Growth % | 15.39% | 2.07% | 4.59% | -2.74% | -12.05% | -13.4% | -17.34% | -7.97% | -9.25% | -22.65% |
| Real Estate & Other Assets | -4.72B | -4.8B | 88.46M | 65.55M | 3.58B | 35.86M | 4.03M | 2.82B | 2.61B | 35.94M |
| PP&E (Net) | 4.02B | 4.21B | 3.72B | 4B | 22.3M | 3.42B | 2.95B | 5.14M | 0 | 0 |
| Investment Securities | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Total Current Assets | 347.18M | 264.51M | 1.19B | 840.69M | 748.76M | 329.34M | 155.16M | 35.23M | 33.91M | 2.58B |
| Cash & Equivalents | 28.18M | 29.63M | 25.59M | 38.1M | 31.75M | 26.78M | 28.01M | 7.25M | 14.13M | 9.41M |
| Receivables | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Other Current Assets | 0 | 0 | 1.06B | 708.61M | -9.16M | 260.1M | 119.61M | 17.06M | -2.56B | 0 |
| Intangible Assets | 102.76M | 89.86M | 86.09M | 71.61M | 42.18M | 12.3M | 10.03M | 9.52M | 9M | 0 |
| Total Liabilities | 3.08B | 3.03B | 3.09B | 3.04B | 2.56B | 2.01B | 1.94B | 1.74B | 1.43B | 1.43B |
| Total Debt | 2.81B | 2.79B | 2.83B | 2.83B | 2.39B | 1.91B | 1.86B | 1.67B | 1.37B | 1.37B |
| Net Debt | 2.78B | 2.76B | 2.81B | 2.79B | 2.36B | 1.88B | 1.83B | 1.67B | 1.35B | 1.36B |
| Long-Term Debt | 1.99B | 2.79B | 2.81B | 2.8B | 2.24B | 1.72B | 1.55B | 1.32B | 948.91M | 1.04B |
| Short-Term Borrowings | 822.29M | 0 | 0 | 0 | 148M | 180.25M | 308M | 348.84M | 413.24M | 323.27M |
| Capital Lease Obligations | 0 | 0 | 23.76M | 23.6M | 0 | 3.23M | 7.35M | 0 | 4.4M | 14.38M |
| Total Current Liabilities | 1.09B | 1.03B | 219.95M | 184.36M | 315.52M | 256.49M | 369.53M | 416.89M | 413.24M | 323.27M |
| Accounts Payable | 192.72M | 168.12M | 185.75M | 171.12M | 134.98M | 68.81M | 48.14M | 42.74M | 44.61M | 0 |
| Deferred Revenue | 43.99M | 41.24M | 0 | 0 | 26.4M | 0 | 0 | 11.51M | 0 | 0 |
| Other Liabilities | 0 | 41.24M | 39.46M | 34.1M | 0 | 22.94M | 14.99M | 0 | 65.36M | 64.09M |
| Total Equity | 1.88B▲ 0% | 2.03B▲ 7.8% | 2.2B▲ 8.6% | 2.11B▼ 4.4% | 1.97B▼ 6.4% | 1.91B▼ 2.8% | 1.3B▼ 31.9% | 1.24B▼ 4.8% | 1.27B▲ 2.6% | 1.25B▲ 0% |
| Equity Growth % | 8.93% | 7.8% | 8.64% | -4.41% | -6.41% | -2.85% | -31.86% | -4.77% | 2.62% | 2.45% |
| Shareholders Equity | 1.48B | 1.49B | 1.49B | 1.4B | 1.28B | 1.24B | 1.14B | 1.1B | 1.15B | 1.24B |
| Minority Interest | 404.64M | 540.98M | 709.16M | 706.86M | 688.75M | 678.88M | 167.07M | 142.97M | 123.33M | 9.29M |
| Common Stock | 899K | 903K | 906K | 907K | 909K | 911K | 922K | 929K | 934K | 938K |
| Additional Paid-in Capital | 2.57B | 2.56B | 2.54B | 2.53B | 2.53B | 2.53B | 2.55B | 2.56B | 2.57B | 2.57B |
| Retained Earnings | -1.1B | -1.08B | 0 | 0 | -1.25B | 0 | 0 | -1.47B | -1.42B | -1.44B |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Return on Assets (ROA) | 0.11% | 2.07% | 0.36% | -1.06% | -2.61% | -1.36% | -3.1% | -0.73% | 2.64% | 2.49% |
| Return on Equity (ROE) | 0.29% | 5.3% | 0.88% | -2.57% | -6.2% | -2.96% | -6.9% | -1.79% | 5.98% | 5.59% |
| Debt / Assets | 56.67% | 55.18% | 53.51% | 54.89% | 52.77% | 48.64% | 57.43% | 56.07% | 50.48% | 51.01% |
| Debt / Equity | 1.49x | 1.38x | 1.29x | 1.34x | 1.21x | 1.00x | 1.43x | 1.35x | 1.07x | 1.07x |
| Net Debt / EBITDA | 8.96x | 16.28x | 17.10x | 28.29x | 21.83x | 30.04x | 18.17x | 13.95x | 9.97x | 9.97x |
| Book Value per Share | 18.68 | 20.13 | 21.88 | 23.23 | 21.69 | 21.03 | 12.94 | 12.25 | 12.46 | 12.23 |
Veris Residential, Inc. (VRE) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 196.14M | 167.07M | 131.84M | 85.42M | 56.12M | 66.45M | 57.61M | 64.75M | 75.97M | 86.32M |
| Operating CF Growth % | 95.93% | -14.82% | -21.09% | -35.21% | -34.31% | 18.42% | -13.31% | 12.39% | 17.33% | 205.94% |
| Operating CF / Revenue % | 31.83% | 45.68% | 36.91% | 27.24% | 17.35% | 28.47% | 22.13% | 23.89% | 26.34% | 29.69% |
| Net Income | 33.72M | 106.4M | 252.55M | -115.52M | -109.54M | -34.88M | -78.32M | -23.61M | 75.24M | 70.34M |
| Depreciation & Amortization | 198.67M | 170.28M | 128.15M | 118.34M | 108.84M | 111.39M | 86.23M | 82.77M | 92.56M | 88.71M |
| Stock-Based Compensation | 7.93M | 7.4M | 8.48M | 7.93M | 11.16M | 14.21M | 0 | 0 | 2.17M | 6.58M |
| Other Non-Cash Items | 4.33M | -10.14M | -10.11M | 3.54M | -34.68M | -11.29M | 48.36M | 8.21M | -96.5M | -89.2M |
| Working Capital Changes | -37.7M | -21.13M | -21.84M | -19.27M | -17.41M | -12.97M | 1.33M | -2.63M | 2.49M | 5.9M |
| Cash from Investing | -545.71M | -168.15M | -416.07M | 28.46M | 446.23M | 220.09M | 32.18M | 134.13M | 445.43M | 126.38M |
| Acquisitions (Net) | 74.21M | -11.79M | -4.97M | 61.81M | 2.58M | 7.51M | -535.4M | -15.5M | 0 | -29.23M |
| Purchase of Investments | -350.95M | -196.55M | -181.32M | -298.85M | -212.9M | -73.35M | -9.16M | -6.42M | 0 | -6.13M |
| Sale of Investments | 3.63M | 350.12M | 876.25M | 130.18M | 63.51M | 462.46M | 24.34M | 95.09M | 0 | 376.99M |
| Other Investing | -623.54M | -156.37M | -61.75M | 290.82M | 658.13M | 5.44M | 564.8M | 79.33M | 445.43M | -193.72M |
| Cash from Financing | 346.13M | -17.34M | 275.85M | -102.75M | -503.19M | -290.35M | -82.86M | -229.15M | -516.35M | -513.99M |
| Dividends Paid | -77.83M | -94.02M | -80.69M | -60.53M | -475K | -61K | -5.12M | -24.05M | -33.01M | -25.04M |
| Common Dividends | -77.83M | -80.57M | -80.69M | -60.53M | -475K | -61K | 0 | 0 | -33.01M | -8.27M |
| Debt Issuance (Net) | 1000K | -1000K | 1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -4M |
| Share Repurchases | 0 | 0 | -7.77M | -2.69M | -898K | -2.69M | -142K | 0 | -456K | -1.13M |
| Other Financing | 127.73M | 80.43M | 105.3M | -30.54M | -84.52M | -42.76M | -18.93M | -6.59M | -24.1M | -34.24M |
| Net Change in Cash | -3.43M▲ 0% | -18.42M▼ 436.8% | -8.39M▲ 54.5% | 11.14M▲ 232.8% | -847K▼ 107.6% | -3.81M▼ 349.4% | 6.93M▲ 282.1% | -30.27M▼ 536.8% | 5.05M▲ 116.7% | 994K▲ 0% |
| Exchange Rate Effect | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 308.79M |
| Cash at Beginning | 31.61M | 67.97M | 49.55M | 41.17M | 52.3M | 51.45M | 47.65M | 54.58M | 24.31M | 29.36M |
| Cash at End | 28.18M | 49.55M | 41.17M | 52.3M | 51.45M | 47.65M | 54.58M | 24.31M | 29.36M | 23.1M |
| Free Cash Flow | -513.28M▲ 0% | -110.28M▲ 78.5% | -912.44M▼ 727.4% | -70.08M▲ 92.3% | -8.99M▲ 87.2% | -115.53M▼ 1185.6% | 45.21M▲ 139.1% | 46.38M▲ 2.6% | 54.97M▲ 18.5% | 49.83M▲ 0% |
| FCF Growth % | 19.33% | 78.52% | -727.41% | 92.32% | 87.18% | -1185.62% | 139.13% | 2.59% | 18.52% | 7.37% |
| FCF / Revenue % | -83.3% | -30.15% | -255.44% | -22.35% | -2.78% | -49.49% | 17.37% | 17.11% | 19.06% | 17.14% |
Veris Residential, Inc. (VRE) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| FFO per Share | 2.09 | 2.14 | 2.08 | 0.74 | -0.18 | 0.31 | -0.25 | 0.59 | 1.58 | 1.53 |
| FFO Payout Ratio | 36.99% | 37.34% | 38.59% | 90.73% | -2.92% | 0.22% | 0% | 40.07% | 20.44% | 5.28% |
| NOI Margin | -7.93% | -4.09% | -48.35% | -22.94% | -13.2% | -20.9% | -7.5% | -2.04% | 1.26% | 23.42% |
| Net Debt / EBITDA | 8.96x | 16.28x | 17.10x | 28.29x | 21.83x | 30.04x | 18.17x | 13.95x | 9.97x | 9.97x |
| Debt / Assets | 56.67% | 55.18% | 53.51% | 54.89% | 52.77% | 48.64% | 57.43% | 56.07% | 50.48% | 51.01% |
| Interest Coverage | 1.42x | 2.25x | 3.20x | -0.43x | -1.83x | 0.41x | 0.16x | 0.68x | 1.84x | - |
| Book Value / Share | 18.68 | 20.13 | 21.88 | 23.23 | 21.69 | 21.03 | 12.94 | 12.25 | 12.46 | 12.23 |
| Revenue Growth | 0.46% | -40.65% | -2.33% | -12.22% | 3.13% | -27.81% | 11.5% | 4.14% | 6.4% | 7.11% |
Veris Residential, Inc. (VRE) SEC filings — annual & quarterly reports (10-K, 10-Q)
Feb 23, 2026·SEC
Feb 23, 2026·SEC
Nov 12, 2025·SEC
Veris Residential, Inc. (VRE) stock FAQ — growth, dividends, profitability & financials explained
Veris Residential, Inc. (VRE) reported $290.8M in revenue for fiscal year 2025. This represents a 205% increase from $95.5M in 1996.
Veris Residential, Inc. (VRE) grew revenue by 6.4% over the past year. This is steady growth.
Yes, Veris Residential, Inc. (VRE) is profitable, generating $70.3M in net income for fiscal year 2025 (26.1% net margin).
Yes, Veris Residential, Inc. (VRE) pays a dividend with a yield of 1.70%. This makes it attractive for income-focused investors.
Veris Residential, Inc. (VRE) has a return on equity (ROE) of 6.0%. This is below average, suggesting room for improvement.
Veris Residential, Inc. (VRE) generated Funds From Operations (FFO) of $156.6M in the trailing twelve months. FFO is the primary profitability metric for REITs.
Veris Residential, Inc. (VRE) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates