Veris Residential (VRE) Intangibles (2010 - 2022)
Veris Residential recorded quarterly Intangibles of $10.9 million in Q1 2022, down 74.24% quarter-over-quarter from $42.2 million in Q4 2021, and down 82.55% year-over-year from $62.3 million in Q1 2021.
Veris Residential's Intangibles history runs 13 years deep, the most recent figure standing at $10.9 million for Q1 2022.
- In Q1 2022, Intangibles fell 82.55% year-over-year to $10.9 million; the TTM figure through Mar 2022 stood at $10.9 million (down 82.55% YoY), while the FY2021 annual figure 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.
- 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 grew 2.82% in 2019 and tumbled 82.55% in 2022, its largest moves.
- Veris Residential's Intangibles stood at $89.9 million in 2018, then retreated by 4.19% to $86.1 million in 2019, then declined by 16.82% to $71.6 million in 2020, then plunged by 41.09% to $42.2 million in 2021, then slumped by 74.24% to $10.9 million in 2022.
- According to Business Quant data, Intangibles over the past three periods registered $10.9 million, $42.2 million, and $42.3 million for Q1 2022, Q4 2021, and Q3 2021 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 25.91 Bn | 26.13 Bn | - | - |
| 2 | Equity Residential | 25.13 Bn | 25.27 Bn | - | 573.12 Mn |
| 3 | Invitation Homes | 17.75 Bn | 17.79 Bn | 694.98 Mn | - |
| 4 | Sun Communities | 15.66 Bn | 15.77 Bn | 491.20 Mn | 97.80 Mn |
| 5 | Mid America Apartment Communities | 15.34 Bn | 15.42 Bn | 537.05 Mn | - |
| 6 | American Homes 4 Rent | 13.60 Bn | 14.17 Bn | - | - |
| 7 | Udr | 12.44 Bn | 12.44 Bn | 416.43 Mn | - |
| 8 | Equity Lifestyle Properties | 12.31 Bn | 12.37 Bn | 393.79 Mn | - |
| 9 | Camden Property Trust | 11.27 Bn | 11.34 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 |
| Mar 31, 2017 | 121.90 Mn |
| Dec 31, 2016 | 72.05 Mn |
| Sep 30, 2016 | 77.66 Mn |
| Jun 30, 2016 | 18.84 Mn |
| Mar 31, 2016 | 12.74 Mn |
| Dec 31, 2015 | 10.93 Mn |
| Sep 30, 2015 | 4.94 Mn |
| Jun 30, 2015 | 5.46 Mn |
| Mar 31, 2015 | 6.02 Mn |
| Dec 31, 2014 | 6.57 Mn |
| Sep 30, 2014 | 7.57 Mn |
| Jun 30, 2014 | 9.52 Mn |
| Mar 31, 2014 | 11.16 Mn |
| Dec 31, 2013 | 13.66 Mn |
| Sep 30, 2013 | 13.50 Mn |
| Jun 30, 2013 | 17.43 Mn |
| Mar 31, 2013 | 17.98 Mn |
| Dec 31, 2012 | 19.28 Mn |
| Sep 30, 2012 | 18.88 Mn |
| Jun 30, 2012 | 21.67 Mn |
| Mar 31, 2012 | 24.88 Mn |
| Dec 31, 2011 | 28.06 Mn |
| Sep 30, 2011 | 31.23 Mn |
| Jun 30, 2011 | 34.43 Mn |
| Dec 31, 2010 | 41.16 Mn |