KPIs & Operating Metrics(New)
Growth Metrics

Veris Residential (VRE) Land & Improvements (2016 - 2023)

Veris Residential has reported Land & Improvements over the past 14 years, most recently at $70.7 million for Q3 2023.

  • Quarterly Land & Improvements rose 419.85% to $70.7 million in Q3 2023 from the year-ago period, while the trailing twelve-month figure was $70.7 million through Sep 2023, up 419.85% year-over-year, with the annual reading at $13.6 million for FY2022, 80.23% down from the prior year.
  • Land & Improvements was $70.7 million for Q3 2023 at Veris Residential, up from $11.5 million in the prior quarter.
  • Over five years, Land & Improvements peaked at $108.8 million in Q2 2019 and troughed at $500000.0 in Q1 2020.
  • The 5-year median for Land & Improvements is $70.7 million (2023), against an average of $55.2 million.
  • Biggest five-year swings in Land & Improvements: plummeted 99.54% in 2020 and later soared 14780.0% in 2021.
  • Tracing VRE's Land & Improvements over 5 years: stood at $96.6 million in 2019, then decreased by 22.46% to $74.9 million in 2020, then dropped by 8.14% to $68.8 million in 2021, then plummeted by 80.23% to $13.6 million in 2022, then surged by 419.85% to $70.7 million in 2023.
  • According to Business Quant data, Land & Improvements over the past three periods came in at $70.7 million, $11.5 million, and $2.2 million for Q3 2023, Q2 2023, and Q1 2023 respectively.