KPIs & Operating Metrics(New)
Growth Metrics

Veris Residential (VRE) Land & Improvements (2010 - 2023)

Veris Residential recorded quarterly Land & Improvements of $70.7 million in Q3 2023, up 514.78% quarter-over-quarter from $11.5 million in Q2 2023, and up 419.85% year-over-year from $13.6 million in Q3 2022.

Veris Residential's Land & Improvements history runs 14 years deep, the most recent figure standing at $70.7 million for Q3 2023.

  • In Q3 2023, Land & Improvements rose 419.85% year-over-year to $70.7 million; the TTM figure through Sep 2023 stood at $70.7 million (up 419.85% YoY), while the FY2022 annual figure was $13.6 million, down 80.23% from the prior year.
  • Land & Improvements came in at $70.7 million for Q3 2023 at Veris Residential, up from $11.5 million in the prior quarter.
  • In the past five years, Land & Improvements ranged from a high of $108.8 million in Q2 2019 to a low of $500000.0 in Q1 2020.
  • A 5-year average of $55.2 million and a median of $70.7 million in 2023 frame the typical range for Land & Improvements.
  • Across the five-year window, Land & Improvements slumped 99.54% in 2020 and soared 14780.0% in 2021, its largest moves.
  • Veris Residential's Land & Improvements stood at $96.6 million in 2019, then slipped by 22.46% to $74.9 million in 2020, then decreased by 8.14% to $68.8 million in 2021, then slumped by 80.23% to $13.6 million in 2022, then soared by 419.85% to $70.7 million in 2023.
  • According to Business Quant data, Land & Improvements over the past three periods registered $70.7 million, $11.5 million, and $2.2 million for Q3 2023, Q2 2023, and Q1 2023 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Land & Improvements (Qtr)
1 Avalonbay Communities 25.91 Bn 26.13 Bn - 4.99 Bn
2 Equity Residential 25.13 Bn 25.27 Bn - 5.56 Bn
3 Invitation Homes 17.75 Bn 17.79 Bn 694.98 Mn 4.96 Bn
4 Sun Communities 15.66 Bn 15.77 Bn 491.20 Mn 3.49 Bn
5 Mid America Apartment Communities 15.34 Bn 15.42 Bn 537.05 Mn 2.13 Bn
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 4.83 Bn
9 Camden Property Trust 11.27 Bn 11.34 Bn - 1.78 Bn
10 Veris Residential 1.94 Bn 1.94 Bn 67.22 Mn -

Historic Data

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DateValue
Sep 30, 2023 70.70 Mn
Jun 30, 2023 11.50 Mn
Mar 31, 2023 2.20 Mn
Dec 31, 2022 13.60 Mn
Sep 30, 2022 13.60 Mn
Jun 30, 2022 68.80 Mn
Mar 31, 2022 92.70 Mn
Dec 31, 2021 68.80 Mn
Sep 30, 2021 71.50 Mn
Jun 30, 2021 74.30 Mn
Mar 31, 2021 74.40 Mn
Dec 31, 2020 74.90 Mn
Sep 30, 2020 84.00 Mn
Jun 30, 2020 500,000.00
Mar 31, 2020 500,000.00
Dec 31, 2019 96.60 Mn
Sep 30, 2019 71.20 Mn
Jun 30, 2019 108.80 Mn
Mar 31, 2019 49.60 Mn
Dec 31, 2018 49.60 Mn
Sep 30, 2018 49.60 Mn
Jun 30, 2018 71.70 Mn
Mar 31, 2018 784.62 Mn
Dec 31, 2017 77.00 Mn
Sep 30, 2017 712.17 Mn
Jun 30, 2017 721.75 Mn
Mar 31, 2017 752.84 Mn
Dec 31, 2016 661.34 Mn
Sep 30, 2016 667.10 Mn
Jun 30, 2016 709.34 Mn
Mar 31, 2016 684.96 Mn
Dec 31, 2015 735.70 Mn
Sep 30, 2015 706.12 Mn
Jun 30, 2015 749.36 Mn
Mar 31, 2015 760.63 Mn
Dec 31, 2014 760.86 Mn
Sep 30, 2014 746.07 Mn
Jun 30, 2014 725.54 Mn
Mar 31, 2014 736.06 Mn
Dec 31, 2013 750.66 Mn
Sep 30, 2013 755.64 Mn
Jun 30, 2013 781.35 Mn
Mar 31, 2013 779.58 Mn
Dec 31, 2012 782.32 Mn
Sep 30, 2012 765.74 Mn
Jun 30, 2012 765.65 Mn
Mar 31, 2012 765.64 Mn
Dec 31, 2011 773.03 Mn
Sep 30, 2011 772.98 Mn
Jun 30, 2011 771.98 Mn
Mar 31, 2011 772.00 Mn
Dec 31, 2010 771.96 Mn