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
DateValue
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