KPIs & Operating Metrics(New)
Growth Metrics

Veris Residential (VRE) Gross Margin (2017 - 2025)

Veris Residential's Gross Margin history spans 9 years, with the latest figure at 95.86% for Q1 2025.

  • For Q1 2025, Gross Margin fell 77.0% year-over-year to 95.86%; the TTM value through Mar 2025 reached 91.06%, down 636.0%, while the annual FY2024 figure was 96.99%, 5.0% down from the prior year.
  • Gross Margin for Q1 2025 was 95.86% at Veris Residential, down from 97.34% in the prior quarter.
  • Across five years, Gross Margin topped out at 102.84% in Q4 2021 and bottomed at 94.62% in Q1 2021.
  • The 5-year median for Gross Margin is 96.59% (2023), against an average of 96.93%.
  • The largest YoY upside for Gross Margin was 696bps in 2021 against a maximum downside of -77bps in 2021.
  • A 5-year view of Gross Margin shows it stood at 102.84% in 2021, then decreased by -8bps to 94.78% in 2022, then rose by 2bps to 96.56% in 2023, then rose by 1bps to 97.34% in 2024, then decreased by -2bps to 95.86% in 2025.
  • Per Business Quant, the three most recent readings for VRE's Gross Margin are 95.86% (Q1 2025), 97.34% (Q2 2024), and 96.63% (Q1 2024).