Veris Residential, Inc. (VRE) Financials

$14.90

south_east
-$0.14 (-0.93%)
Day's range
$14.89
Day's range
$15.2

VRE Income statement / Annual

Last year (2024), Veris Residential, Inc.'s total revenue was $271.07 M, an increase of 4.14% from the previous year. In 2024, Veris Residential, Inc.'s net income was -$23.12 M. See Veris Residential, Inc.,s key income statements, including revenue, expenses, profit, and income.

Period FY-2024 FY-2023 FY-2022 FY-2021 FY-2020 FY-2019 FY-2018 FY-2017 FY-2016 FY-2015
Period Ended 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Operating Revenue $271.07 M $260.30 M $213.36 M $194.65 M $313.56 M $355.88 M $530.61 M $616.20 M $613.40 M $594.88 M
Cost of Revenue $111.06 M $107.34 M $98.76 M $95.44 M $141.41 M $148.99 M $224.15 M $254.74 M $267.22 M $272.19 M
Gross Profit $160.01 M $152.95 M $114.59 M $99.20 M $172.15 M $206.89 M $306.45 M $361.47 M $346.18 M $322.70 M
Gross Profit Ratio 0.59 0.59 0.54 0.51 0.55 0.58 0.58 0.59 0.56 0.54
Research and Development Expenses $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.26 $0.05 $0.21 $0.00
General & Administrative Expenses $39.06 M $44.44 M $55.92 M $56.98 M $73.64 M $58.51 M $53.99 M $50.95 M $51.98 M $49.15 M
Selling & Marketing Expenses $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Selling, General & Administrative Expenses $39.06 M $44.44 M $55.92 M $56.98 M $73.64 M $58.51 M $53.99 M $50.95 M $51.98 M $49.15 M
Other Expenses $82.77 M $86.24 M $77.90 M $68.51 M $122.04 M $0.00 $174.85 M $205.17 M $186.68 M $170.40 M
Operating Expenses $121.83 M $130.68 M $133.82 M $125.48 M $195.68 M $58.51 M $228.84 M $256.12 M $238.66 M $219.55 M
Cost And Expenses $232.89 M $238.02 M $232.58 M $220.93 M $337.09 M $207.50 M $452.99 M $510.85 M $505.88 M $491.74 M
Interest Income $2.37 M $5.52 M $729.00 K $524.00 K $43.00 K $2.41 M $3.22 M $2.69 M $1.61 M $794.00 K
Interest Expense $87.98 M $139.14 M $66.38 M $47.51 M $80.99 M $90.57 M $77.59 M $84.52 M $94.89 M $103.05 M
Depreciation & Amortization $82.77 M $86.24 M $77.90 M $68.53 M $122.04 M $129.73 M $308.28 M $510.89 M $492.78 M $170.40 M
EBITDA $140.05 M $104.51 M $104.90 M -$41.24 M $98.51 M $144.51 M $376.46 M $307.20 M $329.95 M $74.07 M
EBITDA Ratio 0.52 0.4 0.49 -0.21 0.31 0.41 0.71 0.5 0.54 0.12
Operating Income Ratio 0.14 0.09 -0.09 -0.14 -0.08 0.42 0.1 0.17 0.17 -0.16
Total Other Income/Expenses Net -$68.88 M -$143.14 M -$20.16 M -$130.98 M -$91.98 M $104.47 M -$60.18 M -$71.63 M $25.66 M -$45.72 M
Income Before Tax -$30.70 M -$120.87 M -$39.38 M -$157.27 M -$115.50 M $252.85 M $106.40 M $33.72 M $130.29 M -$142.05 M
Income Before Tax Ratio -0.11 -0.46 -0.18 -0.81 -0.37 0.71 0.2 0.05 0.21 -0.24
Income Tax Expense $276.00 K $492.00 K $0.00 $0.00 $0.00 $0.00 $137.10 M $0.00 $0.00 $0.00
Net Income -$23.12 M -$107.27 M -$52.07 M -$119.04 M -$55.32 M $111.86 M $84.11 M $23.19 M $117.22 M -$125.75 M
Net Income Ratio -0.09 -0.41 -0.24 -0.61 -0.18 0.31 0.16 0.04 0.19 -0.21
EPS -0.25 -1.22 -0.63 -1.39 -1.57 0.0974 0.84 0.06 1.31 -1.41
EPS Diluted -0.25 -1.11 -0.63 -1.39 -1.57 0.0876 0.84 0.06 1.3 -1.25
Weighted Average Shares Out $92.70 M $91.88 M $91.05 M $90.84 M $90.65 M $90.56 M $100.72 M $90.01 M $89.75 M $89.29 M
Weighted Average Shares Out Diluted $101.38 M $100.81 M $91.05 M $90.84 M $90.65 M $100.69 M $100.72 M $100.70 M $100.50 M $100.22 M
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