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
Download Data| Date | Value |
|---|---|
| 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 |