VRE
Income statement / Annual
Last year (2024), Veris Residential, Inc.'s total revenue was $271.07 M,
a decrease of 3.14% 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 |
$279.86 M |
$355.02 M |
$329.32 M |
$313.56 M |
$350.94 M |
$530.61 M |
$616.20 M |
$613.40 M |
$594.88 M |
| Cost of Revenue |
$111.06 M
|
$122.85 M
|
$161.33 M
|
$147.37 M
|
$141.41 M
|
$147.44 M
|
$224.15 M
|
$254.74 M
|
$267.22 M
|
$272.19 M
|
| Gross Profit |
$160.01 M
|
$157.01 M
|
$193.69 M
|
$181.95 M
|
$172.15 M
|
$203.50 M
|
$306.45 M
|
$361.47 M
|
$346.18 M
|
$322.70 M
|
| Gross Profit Ratio |
0.59
|
0.56
|
0.55
|
0.55
|
0.55
|
0.58
|
0.58
|
0.59
|
0.56
|
0.54
|
| Research and Development Expenses |
$0.00
|
$0.00
|
-$0.17
|
-$0.47
|
-$0.37
|
$0.55
|
$0.26
|
$0.05
|
$0.21
|
$0.00
|
| General & Administrative Expenses |
$39.06 M
|
$44.47 M
|
$56.17 M
|
$57.20 M
|
$73.64 M
|
$59.80 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
|
$44.47 M
|
$56.17 M
|
$57.20 M
|
$73.64 M
|
$59.80 M
|
$53.99 M
|
$50.95 M
|
$51.98 M
|
$49.15 M
|
| Other Expenses |
$120.95 M
|
$0.00
|
$111.52 M
|
$111.62 M
|
$122.04 M
|
$132.02 M
|
$174.85 M
|
$205.17 M
|
$186.68 M
|
$170.40 M
|
| Operating Expenses |
$160.01 M
|
$157.01 M
|
$167.69 M
|
$168.82 M
|
$195.68 M
|
$191.81 M
|
$228.84 M
|
$256.12 M
|
$238.66 M
|
$219.55 M
|
| Cost And Expenses |
$271.07 M
|
$268.53 M
|
$329.02 M
|
$316.19 M
|
$337.09 M
|
$339.25 M
|
$452.99 M
|
$510.85 M
|
$505.88 M
|
$491.74 M
|
| Interest Income |
$2.37 M
|
$5.52 M
|
$729,000.00
|
$524,000.00
|
$43,000.00
|
$2.41 M
|
$3.39 M
|
$2.77 M
|
$1.61 M
|
$794,000.00
|
| Interest Expense |
$87.98 M
|
$139.14 M
|
$78.04 M
|
$65.19 M
|
$80.99 M
|
$90.57 M
|
$83.75 M
|
$93.39 M
|
$94.89 M
|
$103.05 M
|
| Depreciation & Amortization |
$82.77 M
|
$93.54 M
|
$256.30 M
|
$325.46 M
|
$337.09 M
|
$383.56 M
|
$308.28 M
|
$510.89 M
|
$492.78 M
|
$170.40 M
|
| EBITDA |
$140.05 M |
$76.03 M |
$139.45 M |
$121.02 M |
$94.72 M |
$384.57 M |
$376.46 M |
$307.20 M |
$329.95 M |
$74.07 M |
| EBITDA Ratio |
0.52
|
0.27
|
0.39
|
0.37
|
0.3
|
0.45
|
0.51
|
0.5
|
0.54
|
0.46
|
| Operating Income Ratio |
0
|
0.01
|
0.08
|
0.03
|
-0.08
|
0.08
|
0.1
|
0.17
|
0.17
|
-0.16
|
| Total Other Income/Expenses Net |
-$31.56 M
|
-$159.85 M
|
-$5.40 M
|
-$157.27 M
|
-$115.50 M
|
$104.17 M
|
-$60.18 M
|
-$71.63 M
|
$25.66 M
|
-$45.72 M
|
| Income Before Tax |
-$30.70 M
|
-$156.70 M
|
-$34.14 M
|
-$149.02 M
|
-$115.52 M
|
$252.55 M
|
$106.40 M
|
$33.72 M
|
$130.29 M
|
-$142.05 M
|
| Income Before Tax Ratio |
-0.11
|
-0.56
|
-0.1
|
-0.45
|
-0.37
|
0.72
|
0.2
|
0.05
|
0.21
|
-0.24
|
| Income Tax Expense |
$276,000.00
|
$492,000.00
|
$78.04 M
|
$46.43 M
|
$16.71 M
|
$243.73 M
|
$137.10 M
|
$97.84 M
|
$142.09 M
|
$83.58 M
|
| Net Income |
-$23.12 M
|
-$107.27 M
|
-$112.18 M
|
-$195.45 M
|
-$132.24 M
|
$8.82 M
|
$84.11 M
|
$23.19 M
|
$117.22 M
|
-$125.75 M
|
| Net Income Ratio |
-0.09
|
-0.38
|
-0.32
|
-0.59
|
-0.42
|
0.03
|
0.16
|
0.04
|
0.19
|
-0.21
|
| EPS |
-0.29 |
-1.22 |
-1.23 |
-2.15 |
-1.46 |
0.0974 |
0.84 |
0.06 |
1.31 |
-1.41 |
| EPS Diluted |
-0.26 |
-1.11 |
-1.23 |
-2.15 |
-1.46 |
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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