Veris Residential (VRE) Goodwill & Intangibles (2010 - 2022)
Veris Residential's (VRE) quarterly Goodwill & Intangibles came in at $10.9 million in Q1 2022, down 83.34% year-on-year from $65.2 million in Q1 2021, and down 75.9% quarter-over-quarter from $45.1 million in Q4 2021.
Veris Residential (VRE) Goodwill & Intangibles (2010 - 2022) Analysis & Trends
Veris Residential has disclosed Goodwill & Intangibles across 13 years of filings, most recently posting $10.9 million for Q1 2022.
- Goodwill & Intangibles for Q1 2022 came in at $10.9 million, down 83.34% year-over-year; the trailing twelve-month figure through Mar 2022 was $10.9 million (down 83.34% YoY), and the FY2021 annual result was $45.1 million, down 39.53% from the prior year.
- Goodwill & Intangibles came in at $10.9 million for Q1 2022 at Veris Residential, down 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.
- The 5-year median for Goodwill & Intangibles is $83.7 million (2020), against an average of $76.8 million.
- Across the five-year window, Goodwill & Intangibles grew 2.74% in 2019 and slumped 83.34% in 2022, its largest moves.
- Veris Residential's Goodwill & Intangibles stood at $92.8 million in 2018, then fell by 4.06% to $89.0 million in 2019, then decreased by 16.27% to $74.6 million in 2020, then sank by 39.53% to $45.1 million in 2021, then tumbled by 75.9% to $10.9 million in 2022.
- The last three Goodwill & Intangibles figures came in at $10.9 million (Q1 2022), $45.1 million (Q4 2021), and $45.3 million (Q3 2021), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Avalonbay Communities | 24.79 Bn | 25.01 Bn | - |
| 2 | Equity Residential | 24.35 Bn | 24.48 Bn | - |
| 3 | Invitation Homes | 17.23 Bn | 17.27 Bn | 694.98 Mn |
| 4 | Mid America Apartment Communities | 15.51 Bn | 15.59 Bn | 537.05 Mn |
| 5 | Sun Communities | 14.54 Bn | 14.65 Bn | 491.20 Mn |
| 6 | American Homes 4 Rent | 13.37 Bn | 13.94 Bn | - |
| 7 | Udr | 12.30 Bn | 12.30 Bn | 416.43 Mn |
| 8 | Equity Lifestyle Properties | 12.06 Bn | 12.12 Bn | 393.79 Mn |
| 9 | Camden Property Trust | 11.45 Bn | 11.53 Bn | - |
| 10 | Veris Residential | 1.94 Bn | 1.94 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 |