Veris Residential (VRE) Intangibles (2010 - 2022)
Veris Residential's (VRE) quarterly Intangibles came in at $10.9 million in Q1 2022, down 82.55% year-on-year from $62.3 million in Q1 2021, and down 74.24% quarter-over-quarter from $42.2 million in Q4 2021.
Veris Residential (VRE) Intangibles (2010 - 2022) Analysis & Trends
Veris Residential has disclosed Intangibles across 13 years of filings, most recently posting $10.9 million for Q1 2022.
- Intangibles for Q1 2022 came in at $10.9 million, down 82.55% year-over-year; the trailing twelve-month figure through Mar 2022 was $10.9 million (down 82.55% YoY), and the FY2021 annual result was $42.2 million, down 41.09% from the prior year.
- Intangibles came in at $10.9 million for Q1 2022 at Veris Residential, down 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.
- The 5-year median for Intangibles is $80.7 million (2020), against an average of $74.0 million.
- Across the five-year window, Intangibles climbed 2.82% in 2019 and plunged 82.55% in 2022, its largest moves.
- Veris Residential's Intangibles stood at $89.9 million in 2018, then fell by 4.19% to $86.1 million in 2019, then dropped by 16.82% to $71.6 million in 2020, then sank by 41.09% to $42.2 million in 2021, then tumbled by 74.24% to $10.9 million in 2022.
- The last three Intangibles figures came in at $10.9 million (Q1 2022), $42.2 million (Q4 2021), and $42.3 million (Q3 2021), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 24.79 Bn | 25.01 Bn | - | - |
| 2 | Equity Residential | 24.35 Bn | 24.48 Bn | - | 573.12 Mn |
| 3 | Invitation Homes | 17.23 Bn | 17.27 Bn | 694.98 Mn | - |
| 4 | Mid America Apartment Communities | 15.51 Bn | 15.59 Bn | 537.05 Mn | - |
| 5 | Sun Communities | 14.54 Bn | 14.65 Bn | 491.20 Mn | 97.80 Mn |
| 6 | American Homes 4 Rent | 13.37 Bn | 13.94 Bn | - | - |
| 7 | Udr | 12.30 Bn | 12.30 Bn | 416.43 Mn | - |
| 8 | Equity Lifestyle Properties | 12.06 Bn | 12.12 Bn | 393.79 Mn | - |
| 9 | Camden Property Trust | 11.45 Bn | 11.53 Bn | - | - |
| 10 | Veris Residential | 1.94 Bn | 1.94 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 |