Veris Residential (VRE) Long-Term Deferred Tax (2010 - 2022)
Veris Residential (VRE) reported Long-Term Deferred Tax of $53.8 million for Q1 2022, down 9.9% on a YoY basis from $59.7 million in Q1 2021, and little changed sequentially from $54.0 million in Q4 2021.
Veris Residential (VRE) Long-Term Deferred Tax (2010 - 2022) Analysis & Trends
Veris Residential (VRE) has 13 years of Long-Term Deferred Tax data on file, last reported at $53.8 million in Q1 2022.
- For the quarter ending Q1 2022, Long-Term Deferred Tax fell 9.9% year-over-year to $53.8 million; the trailing twelve-month figure through Mar 2022 stood at $53.8 million (down 9.9% YoY), and the FY2021 full-year result was $54.0 million, down 17.63% from the prior year.
- Long-Term Deferred Tax was little changed at $53.8 million in Q1 2022, from $54.0 million in the prior quarter.
- In the past five years, Long-Term Deferred Tax ranged from a high of $108.1 million in Q3 2018 to a low of $53.8 million in Q1 2022.
- A 5-year average of $80.9 million and a median of $88.5 million in 2019 frame the typical range for Long-Term Deferred Tax.
- Across the five-year window, Long-Term Deferred Tax gained 2.78% in 2019 and sank 32.6% in 2021, its largest moves.
- Tracing VRE's Long-Term Deferred Tax over 5 years: stood at $107.9 million in 2018, then retreated by 17.98% to $88.5 million in 2019, then slipped by 25.9% to $65.6 million in 2020, then decreased by 17.63% to $54.0 million in 2021, then fell by 0.45% to $53.8 million in 2022.
- Business Quant data shows VRE's Long-Term Deferred Tax at $53.8 million in Q1 2022, $54.0 million in Q4 2021, and $56.7 million in Q3 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Avalonbay Communities | 26.63 Bn | 26.85 Bn | - |
| 2 | Equity Residential | 25.81 Bn | 26.00 Bn | - |
| 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 |
| 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| Date | Value |
|---|---|
| Mar 31, 2022 | 53.75 Mn |
| Dec 31, 2021 | 53.99 Mn |
| Sep 30, 2021 | 56.72 Mn |
| Jun 30, 2021 | 60.15 Mn |
| Mar 31, 2021 | 59.66 Mn |
| Dec 31, 2020 | 65.55 Mn |
| Sep 30, 2020 | 72.24 Mn |
| Jun 30, 2020 | 85.80 Mn |
| Mar 31, 2020 | 88.51 Mn |
| Dec 31, 2019 | 88.46 Mn |
| Sep 30, 2019 | 93.18 Mn |
| Jun 30, 2019 | 95.59 Mn |
| Mar 31, 2019 | 96.69 Mn |
| Dec 31, 2018 | 107.85 Mn |
| Sep 30, 2018 | 108.10 Mn |
| Jun 30, 2018 | 95.20 Mn |
| Mar 31, 2018 | 94.08 Mn |
| Dec 31, 2017 | 105.50 Mn |
| Sep 30, 2017 | 109.61 Mn |
| Jun 30, 2017 | 117.54 Mn |