Veris Residential (VRE) Intangibles (2010 - 2022)
Veris Residential (VRE) reported Intangibles of $10.9 million for Q1 2022, down 82.55% on a YoY basis from $62.3 million in Q1 2021, and down 74.24% sequentially from $42.2 million in Q4 2021.
Veris Residential (VRE) Intangibles (2010 - 2022) Analysis & Trends
Veris Residential (VRE) has 13 years of Intangibles data on file, last reported at $10.9 million in Q1 2022.
- For the quarter ending Q1 2022, Intangibles fell 82.55% year-over-year to $10.9 million; the trailing twelve-month figure through Mar 2022 stood at $10.9 million (down 82.55% YoY), and the FY2021 full-year result was $42.2 million, down 41.09% from the prior year.
- Intangibles slipped to $10.9 million in Q1 2022, from $42.2 million in the prior quarter.
- In the past five years, Intangibles ranged from a high of $98.3 million in Q3 2019 to a low of $10.9 million in Q1 2022.
- A 5-year average of $74.0 million and a median of $80.7 million in 2020 frame the typical range for Intangibles.
- Across the five-year window, Intangibles climbed 2.82% in 2019 and slumped 82.55% in 2022, its largest moves.
- Tracing VRE's Intangibles over 5 years: stood at $89.9 million in 2018, then declined by 4.19% to $86.1 million in 2019, then slipped by 16.82% to $71.6 million in 2020, then slumped by 41.09% to $42.2 million in 2021, then plunged by 74.24% to $10.9 million in 2022.
- Business Quant data shows VRE's Intangibles at $10.9 million in Q1 2022, $42.2 million in Q4 2021, and $42.3 million in Q3 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 26.63 Bn | 26.85 Bn | - | - |
| 2 | Equity Residential | 25.81 Bn | 26.00 Bn | - | 573.12 Mn |
| 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 | 97.80 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| Date | Value |
|---|---|
| Mar 31, 2022 | 10.87 Mn |
| Dec 31, 2021 | 42.18 Mn |
| Sep 30, 2021 | 42.35 Mn |
| Jun 30, 2021 | 46.43 Mn |
| Mar 31, 2021 | 62.26 Mn |
| Dec 31, 2020 | 71.61 Mn |
| Sep 30, 2020 | 72.67 Mn |
| Jun 30, 2020 | 80.05 Mn |
| Mar 31, 2020 | 80.75 Mn |
| Dec 31, 2019 | 86.09 Mn |
| Sep 30, 2019 | 98.35 Mn |
| Jun 30, 2019 | 91.65 Mn |
| Mar 31, 2019 | 95.33 Mn |
| Dec 31, 2018 | 89.86 Mn |
| Sep 30, 2018 | 95.65 Mn |
| Jun 30, 2018 | 93.82 Mn |
| Mar 31, 2018 | 97.79 Mn |
| Dec 31, 2017 | 102.76 Mn |
| Sep 30, 2017 | 110.16 Mn |
| Jun 30, 2017 | 120.44 Mn |