Veris Residential (VRE) EBIT (2009 - 2026)
Veris Residential's (VRE) quarterly EBIT came in at $56.6 million in Q1 2026, up 4.83% year-on-year from $54.0 million in Q1 2025, and down 74.24% quarter-over-quarter from $219.6 million in Q4 2025.
Veris Residential (VRE) EBIT (2009 - 2026) Analysis & Trends
Veris Residential has disclosed EBIT across 18 years of filings, most recently posting $56.6 million for Q1 2026.
- EBIT for Q1 2026 came in at $56.6 million, up 4.83% year-over-year; the trailing twelve-month figure through Mar 2026 was $332.9 million (up 173.89% YoY), and the FY2025 annual result was $231.2 million, up 794.49% from the prior year.
- EBIT came in at $56.6 million for Q1 2026 at Veris Residential, down from $219.6 million in the prior quarter.
- In the past five years, EBIT ranged from a high of $219.6 million in Q4 2025 to a low of -$18.6 million in Q1 2022.
- The 5-year median for EBIT is $5.9 million (2024), against an average of $30.6 million.
- Across the five-year window, EBIT plunged 252.33% in 2022 and jumped 5900.99% in 2024, its largest moves.
- Veris Residential's EBIT stood at -$1.5 million in 2022, then fell by 18.93% to -$1.8 million in 2023, then surged by 425.93% to $5.9 million in 2024, then soared by 3649.22% to $219.6 million in 2025, then slumped by 74.24% to $56.6 million in 2026.
- The last three EBIT figures came in at $56.6 million (Q1 2026), $219.6 million (Q4 2025), and $58.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 24.79 Bn | 25.01 Bn | - | 399.49 Mn |
| 2 | Equity Residential | 24.35 Bn | 24.48 Bn | - | 228.30 Mn |
| 3 | Invitation Homes | 17.23 Bn | 17.27 Bn | 694.98 Mn | 40.27 Mn |
| 4 | Mid America Apartment Communities | 15.51 Bn | 15.59 Bn | 537.05 Mn | 331.31 Mn |
| 5 | Sun Communities | 14.54 Bn | 14.65 Bn | 491.20 Mn | 6.80 Mn |
| 6 | American Homes 4 Rent | 13.37 Bn | 13.94 Bn | - | - |
| 7 | Udr | 12.30 Bn | 12.30 Bn | 416.43 Mn | 229.81 Mn |
| 8 | Equity Lifestyle Properties | 12.06 Bn | 12.12 Bn | 393.79 Mn | 112.37 Mn |
| 9 | Camden Property Trust | 11.45 Bn | 11.53 Bn | - | 82.67 Mn |
| 10 | Veris Residential | 1.94 Bn | 1.94 Bn | 67.22 Mn | 56.56 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 56.56 Mn |
| Dec 31, 2025 | 219.59 Mn |
| Sep 30, 2025 | 58.25 Mn |
| Jun 30, 2025 | -1.47 Mn |
| Mar 31, 2025 | 53.96 Mn |
| Dec 31, 2024 | 5.86 Mn |
| Sep 30, 2024 | 8.69 Mn |
| Jun 30, 2024 | 53.05 Mn |
| Mar 31, 2024 | 52.50 Mn |
| Dec 31, 2023 | -1.80 Mn |
| Sep 30, 2023 | -2.72 Mn |
| Jun 30, 2023 | 3.04 Mn |
| Mar 31, 2023 | -905,000.00 |
| Dec 31, 2022 | -1.51 Mn |
| Sep 30, 2022 | 47.18 Mn |
| Jun 30, 2022 | -11.70 Mn |
| Mar 31, 2022 | -18.55 Mn |
| Dec 31, 2021 | -114.71 Mn |
| Sep 30, 2021 | 61.48 Mn |
| Jun 30, 2021 | 57.59 Mn |