Veris Financial Statements From 2010 to 2025

VRE Stock  USD 16.00  0.23  1.46%   
Veris Residential financial statements provide useful quarterly and yearly information to potential Veris Residential investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Veris Residential financial statements helps investors assess Veris Residential's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Veris Residential's valuation are summarized below:
Gross Profit
166.4 M
Profit Margin
(0.05)
Market Capitalization
1.8 B
Enterprise Value Revenue
10.8835
Revenue
293.4 M
There are over one hundred nineteen available fundamental trend indicators for Veris Residential, which can be analyzed over time and compared to other ratios. Investors should ensure to double-check all of Veris Residential's current performance against the performance from 2010 to 2025 to make sure the company is sustainable down the road. The current year's Market Cap is expected to grow to about 2 B, whereas Enterprise Value is forecasted to decline to about 367.8 M.

Veris Residential Total Revenue

572.5 Million

Check Veris Residential financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Veris Residential's main balance sheet or income statement drivers, such as Depreciation And Amortization of 158.2 M, Interest Expense of 109.1 M or Selling General Administrative of 44.3 M, as well as many indicators such as Price To Sales Ratio of 4.38, Dividend Yield of 0.0039 or PTB Ratio of 1.45. Veris financial statements analysis is a perfect complement when working with Veris Residential Valuation or Volatility modules.
  
Check out the analysis of Veris Residential Correlation against competitors.
For information on how to trade Veris Stock refer to our How to Trade Veris Stock guide.

Veris Residential Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets4.2 B3.7 B4.1 B
Pretty Stable
Short and Long Term Debt Total2.1 B2.1 B2.3 B
Slightly volatile
Total Stockholder Equity1.5 B1.3 B1.4 B
Very volatile
Property Plant And Equipment NetB2.7 B743.7 M
Pretty Stable
Net DebtB2.1 B2.1 B
Slightly volatile
Non Current Assets Total3.8 B3.5 B3.8 B
Pretty Stable
Other Assets31.8 M30.3 M135.5 M
Pretty Stable
Net ReceivablesM9.5 M88.4 M
Slightly volatile
Common Stock Shares Outstanding85.2 M115.9 M92.9 M
Slightly volatile
Liabilities And Stockholders Equity4.2 B3.7 B4.1 B
Pretty Stable
Non Current Liabilities TotalB2.1 BB
Slightly volatile
Total Liabilities2.3 B2.2 B2.4 B
Slightly volatile
Total Current Assets132.7 M139.6 M365.9 M
Pretty Stable
Total Current Liabilities90.2 M95 M366.7 M
Very volatile
Accounts Payable108.9 M63.8 M123.4 M
Very volatile
Cash41.9 M25.2 M54.9 M
Slightly volatile
Cash And Short Term Investments44.5 M25.2 M55.1 M
Slightly volatile
Other Stockholder Equity2.4 B2.9 B2.6 B
Slightly volatile
Common Stock815.7 K1.1 M869.7 K
Slightly volatile
Short Term Investments3.3 B3.5 B3.4 B
Pretty Stable
Other Current Assets129.4 M107.6 M148.9 M
Slightly volatile
Current Deferred Revenue12.8 M13.5 M38.6 M
Slightly volatile
Good Will182.8 M174 M52.7 M
Slightly volatile
Intangible Assets11 M11.5 M37.4 M
Very volatile
Long Term DebtB1.7 B2.3 B
Slightly volatile
Long Term Debt TotalB1.7 B2.3 B
Slightly volatile
Capital SurpluseB2.3 B2.5 B
Slightly volatile
Cash And Equivalents33.3 M30.8 M30.8 M
Pretty Stable
Property Plant EquipmentB3.1 B3.6 B
Pretty Stable
Other Liabilities27.8 M20.6 M36.7 M
Slightly volatile
Net Tangible Assets1.7 BB1.5 B
Slightly volatile
Deferred Long Term Liabilities30.7 M32.3 M87 M
Slightly volatile
Net Invested Capital3.1 B2.7 B3.9 B
Slightly volatile
Long Term Investments141.6 M106.2 M203.4 M
Slightly volatile
Non Current Liabilities Other169.8 M191 M208.2 M
Slightly volatile
Net Working Capital33.2 M35 M257.7 M
Very volatile
Short and Long Term Debt258.6 M133.2 M519.3 M
Slightly volatile
Capital StockM1.1 M921.4 K
Slightly volatile
Property Plant And Equipment Gross5.3 M5.5 M18.2 M
Slightly volatile
Warrants414.6 M463.7 M510.3 M
Slightly volatile
Noncontrolling Interest In Consolidated Entity132.4 M147.3 M163.5 M
Slightly volatile
Common Stock Total EquityMM923.7 K
Slightly volatile

Veris Residential Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization158.2 M107.6 M181.4 M
Pretty Stable
Interest Expense109.1 M160 M99.1 M
Pretty Stable
Selling General Administrative44.3 M51.1 M49.9 M
Slightly volatile
Total Revenue572.5 M321.8 M476.7 M
Slightly volatile
Gross Profit134.2 M141.3 M262.1 M
Slightly volatile
Other Operating Expenses412.9 M308.8 M399.3 M
Pretty Stable
EBITDA65 M68.4 M207.1 M
Slightly volatile
Income Tax Expense537.5 K565.8 K81.1 M
Slightly volatile
Cost Of Revenue179.4 M110.6 M215.3 M
Slightly volatile
Interest Income6.9 MM25.1 M
Slightly volatile
Reconciled Depreciation106.2 M84.2 M156.9 M
Slightly volatile
Research Development0.340.50.4944
Slightly volatile

Veris Residential Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation136 M107.6 M142.9 M
Pretty Stable
Dividends Paid4.4 M4.6 M66.8 M
Slightly volatile
Capital Expenditures13.6 M14.3 M285.1 M
Very volatile
Total Cash From Operating Activities38.9 M41 M122.4 M
Slightly volatile
End Period Cash Flow62.3 M62.8 M53.6 M
Very volatile
Begin Period Cash Flow59.8 M54.8 M53.2 M
Very volatile
Stock Based Compensation24.5 M23.3 M9.9 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio4.385.944.4031
Very volatile
Dividend Yield0.00390.00410.0339
Slightly volatile
PTB Ratio1.451.461.3039
Very volatile
Days Sales Outstanding9.239.7167.2527
Slightly volatile
Book Value Per Share29.6716.3320.9831
Very volatile
Operating Cash Flow Per Share0.540.571.4127
Slightly volatile
Stock Based Compensation To Revenue0.06840.06520.0255
Slightly volatile
Capex To Depreciation1.781.882.2693
Very volatile
PB Ratio1.451.461.3039
Very volatile
EV To Sales6.1710.529.1398
Slightly volatile
Payables Turnover2.482.552.136
Slightly volatile
Sales General And Administrative To Revenue0.150.140.1195
Slightly volatile
Capex To Revenue0.920.590.7279
Pretty Stable
Cash Per Share0.260.2729.5424
Slightly volatile
POCF Ratio29.9928.5618.4523
Slightly volatile
Capex To Operating Cash Flow2.633.152.6675
Pretty Stable
Days Payables Outstanding164148224
Slightly volatile
EV To Operating Cash Flow67.8864.6540.7078
Slightly volatile
Intangibles To Total Assets0.00260.00280.0083
Very volatile
Net Debt To EBITDA22.721.6213.7382
Slightly volatile
Current Ratio2.052.164.2518
Slightly volatile
Tangible Book Value Per Share29.4516.220.5768
Very volatile
Receivables Turnover40.8438.911.4615
Slightly volatile
Graham Number25.9820.7417.1602
Slightly volatile
Shareholders Equity Per Share23.4414.2416.4892
Pretty Stable
Debt To Equity1.031.471.4942
Slightly volatile
Capex Per Share2.182.33.3427
Very volatile
Average Receivables144.2 M138.1 M131 M
Slightly volatile
Revenue Per Share3.333.55.2012
Slightly volatile
Interest Debt Per Share21.7819.5224.9921
Pretty Stable
Debt To Assets0.380.510.5025
Pretty Stable
Enterprise Value Over EBITDA40.6638.7324.6973
Slightly volatile
Price Book Value Ratio1.451.461.3039
Very volatile
Days Of Payables Outstanding164148224
Slightly volatile
Price To Operating Cash Flows Ratio29.9928.5618.4523
Slightly volatile
Company Equity Multiplier2.162.562.8818
Slightly volatile
Long Term Debt To Capitalization0.430.520.5632
Slightly volatile
Total Debt To Capitalization0.440.560.5833
Slightly volatile
Debt Equity Ratio1.031.471.4942
Slightly volatile
Quick Ratio2.052.163.7907
Slightly volatile
Dividend Paid And Capex Coverage Ratio8.48.01.971
Slightly volatile
Net Income Per E B T0.720.620.9002
Pretty Stable
Cash Ratio0.370.392.7141
Slightly volatile
Operating Cash Flow Sales Ratio0.370.190.277
Slightly volatile
Days Of Sales Outstanding9.239.7167.2527
Slightly volatile
Cash Flow Coverage Ratios0.02680.02820.0595
Slightly volatile
Price To Book Ratio1.451.461.3039
Very volatile
Fixed Asset Turnover0.0810.085310.5412
Slightly volatile
Capital Expenditure Coverage Ratio0.310.330.7221
Slightly volatile
Price Cash Flow Ratio29.9928.5618.4523
Slightly volatile
Enterprise Value Multiple40.6638.7324.6973
Slightly volatile
Debt Ratio0.380.510.5025
Pretty Stable
Cash Flow To Debt Ratio0.02680.02820.0595
Slightly volatile
Price Sales Ratio4.385.944.4031
Very volatile
Asset Turnover0.140.09930.1146
Slightly volatile
Gross Profit Margin0.670.650.5747
Pretty Stable
Price Fair Value1.451.461.3039
Very volatile

Veris Residential Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market CapB1.9 B1.9 B
Slightly volatile
Enterprise Value367.8 M492.8 M521.9 M
Very volatile

Veris Fundamental Market Drivers

Cash And Short Term Investments28 M

Veris Upcoming Events

20th of February 2024
Upcoming Quarterly Report
View
24th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
20th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Veris Residential Financial Statements

Veris Residential stakeholders use historical fundamental indicators, such as Veris Residential's revenue or net income, to determine how well the company is positioned to perform in the future. Although Veris Residential investors may analyze each financial statement separately, they are all interrelated. For example, changes in Veris Residential's assets and liabilities are reflected in the revenues and expenses on Veris Residential's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Veris Residential. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue13.5 M12.8 M
Total Revenue321.8 M572.5 M
Cost Of Revenue110.6 M179.4 M
Stock Based Compensation To Revenue 0.07  0.07 
Sales General And Administrative To Revenue 0.14  0.15 
Capex To Revenue 0.59  0.92 
Revenue Per Share 3.50  3.33 
Ebit Per Revenue 0.01  0.01 

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When determining whether Veris Residential is a strong investment it is important to analyze Veris Residential's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Veris Residential's future performance. For an informed investment choice regarding Veris Stock, refer to the following important reports:
Check out the analysis of Veris Residential Correlation against competitors.
For information on how to trade Veris Stock refer to our How to Trade Veris Stock guide.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Real Estate Management & Development space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Veris Residential. If investors know Veris will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Veris Residential listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share
0.235
Earnings Share
(0.67)
Revenue Per Share
3.171
Quarterly Revenue Growth
0.018
Return On Assets
0.0074
The market value of Veris Residential is measured differently than its book value, which is the value of Veris that is recorded on the company's balance sheet. Investors also form their own opinion of Veris Residential's value that differs from its market value or its book value, called intrinsic value, which is Veris Residential's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Veris Residential's market value can be influenced by many factors that don't directly affect Veris Residential's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Veris Residential's value and its price as these two are different measures arrived at by different means. Investors typically determine if Veris Residential is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Veris Residential's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.