Veris Residential (VRE) Goodwill & Intangibles (2010 - 2022)
Veris Residential (VRE) reported Goodwill & Intangibles of $10.9 million for Q1 2022, down 83.34% on a YoY basis from $65.2 million in Q1 2021, and down 75.9% sequentially from $45.1 million in Q4 2021.
Veris Residential (VRE) Goodwill & Intangibles (2010 - 2022) Analysis & Trends
Veris Residential (VRE) has 13 years of Goodwill & Intangibles data on file, last reported at $10.9 million in Q1 2022.
- For the quarter ending Q1 2022, Goodwill & Intangibles fell 83.34% year-over-year to $10.9 million; the trailing twelve-month figure through Mar 2022 stood at $10.9 million (down 83.34% YoY), and the FY2021 full-year result was $45.1 million, down 39.53% from the prior year.
- Goodwill & Intangibles slipped to $10.9 million in Q1 2022, from $45.1 million in the prior quarter.
- In the past five years, Goodwill & Intangibles ranged from a high of $101.3 million in Q3 2019 to a low of $10.9 million in Q1 2022.
- A 5-year average of $76.8 million and a median of $83.7 million in 2020 frame the typical range for Goodwill & Intangibles.
- Across the five-year window, Goodwill & Intangibles grew 2.74% in 2019 and plunged 83.34% in 2022, its largest moves.
- Tracing VRE's Goodwill & Intangibles over 5 years: stood at $92.8 million in 2018, then declined by 4.06% to $89.0 million in 2019, then retreated by 16.27% to $74.6 million in 2020, then slumped by 39.53% to $45.1 million in 2021, then plunged by 75.9% to $10.9 million in 2022.
- Business Quant data shows VRE's Goodwill & Intangibles at $10.9 million in Q1 2022, $45.1 million in Q4 2021, and $45.3 million in Q3 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Avalonbay Communities | 26.63 Bn | 26.85 Bn | - |
| 2 | Equity Residential | 25.81 Bn | 26.00 Bn | - |
| 3 | Invitation Homes | 17.83 Bn | 17.87 Bn | 694.98 Mn |
| 4 | Mid America Apartment Communities | 15.53 Bn | 15.53 Bn | 537.05 Mn |
| 5 | Sun Communities | 14.72 Bn | 14.83 Bn | 491.20 Mn |
| 6 | Udr | 12.95 Bn | 12.92 Bn | 416.43 Mn |
| 7 | Equity Lifestyle Properties | 12.81 Bn | 12.87 Bn | 378.95 Mn |
| 8 | American Homes 4 Rent | 12.07 Bn | 12.74 Bn | - |
| 9 | Camden Property Trust | 11.83 Bn | 11.90 Bn | - |
| 10 | Veris Residential | 1.78 Bn | 1.77 Bn | 67.22 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2022 | 10.87 Mn |
| Dec 31, 2021 | 45.08 Mn |
| Sep 30, 2021 | 45.29 Mn |
| Jun 30, 2021 | 49.38 Mn |
| Mar 31, 2021 | 65.21 Mn |
| Dec 31, 2020 | 74.55 Mn |
| Sep 30, 2020 | 75.61 Mn |
| Jun 30, 2020 | 83.00 Mn |
| Mar 31, 2020 | 83.69 Mn |
| Dec 31, 2019 | 89.04 Mn |
| Sep 30, 2019 | 101.29 Mn |
| Jun 30, 2019 | 94.60 Mn |
| Mar 31, 2019 | 98.28 Mn |
| Dec 31, 2018 | 92.81 Mn |
| Sep 30, 2018 | 98.60 Mn |
| Jun 30, 2018 | 96.76 Mn |
| Mar 31, 2018 | 100.73 Mn |
| Dec 31, 2017 | 105.70 Mn |
| Sep 30, 2017 | 113.11 Mn |
| Jun 30, 2017 | 123.39 Mn |