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| Date | Value |
|---|---|
| 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% |