Veris Residential (VRE) Gross Margin (2017 - 2026)

Veris Residential's (VRE) quarterly Gross Margin came in at 95.89% in Q1 2026, up 3.0% year-on-year from 93.1% in Q1 2025, and down 1.34% quarter-over-quarter from 97.2% in Q4 2025.

Veris Residential (VRE) Gross Margin (2017 - 2026) Analysis & Trends

Veris Residential has disclosed Gross Margin across 10 years of filings, most recently posting 95.89% for Q1 2026.

  • Gross Margin for Q1 2026 came in at 95.89%, up 3.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 96.78% (down 2.0% YoY), and the FY2025 annual result was 96.78%, down 21.0% from the prior year.
  • Gross Margin came in at 95.89% for Q1 2026 at Veris Residential, down from 97.2% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 99.39% in Q4 2022 to a low of 94.78% in Q1 2022.
  • The 5-year median for Gross Margin is 96.88% (2024), against an average of 96.81%.
  • Across the five-year window, Gross Margin plunged 346 bps in 2022 and soared 192 bps in 2023, its largest moves.
  • Veris Residential's Gross Margin stood at 99.39% in 2022, then slipped by 2 bps to 97.26% in 2023, then dropped by 0 bps to 97.13% in 2024, then advanced by 0 bps to 97.2% in 2025, then slipped by 1 bps to 95.89% in 2026.
  • The last three Gross Margin figures came in at 95.89% (Q1 2026), 97.2% (Q4 2025), and 96.76% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (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 94.67%
4 Mid America Apartment Communities 15.51 Bn 15.59 Bn 537.05 Mn 96.67%
5 Sun Communities 14.54 Bn 14.65 Bn 491.20 Mn 96.71%
6 American Homes 4 Rent 13.37 Bn 13.94 Bn - -
7 Udr 12.30 Bn 12.30 Bn 416.43 Mn 97.79%
8 Equity Lifestyle Properties 12.06 Bn 12.12 Bn 393.79 Mn 99.04%
9 Camden Property Trust 11.45 Bn 11.53 Bn - -
10 Veris Residential 1.94 Bn 1.94 Bn 67.22 Mn 95.89%

Historic Data

Download Data
DateValue
Mar 31, 2026 95.89%
Dec 31, 2025 97.20%
Sep 30, 2025 96.76%
Jun 30, 2025 97.23%
Mar 31, 2025 95.86%
Dec 31, 2024 97.13%
Sep 30, 2024 96.88%
Jun 30, 2024 97.34%
Mar 31, 2024 96.63%
Dec 31, 2023 97.26%
Sep 30, 2023 96.93%
Jun 30, 2023 97.26%
Mar 31, 2023 96.70%
Dec 31, 2022 99.39%
Sep 30, 2022 96.07%
Jun 30, 2022 96.48%
Mar 31, 2022 94.78%
Dec 31, 2021 102.84%
Sep 30, 2021 95.65%
Jun 30, 2021 96.05%