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
DateValue
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