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Veris Residential (VRE) Net Income - Minority (2021 - 2024)

Veris Residential recorded quarterly Net Income - Minority of -$140.0 million in Q1 2024, up 1.47% quarter-over-quarter from -$142.1 million in Q4 2023, and up 11.09% year-over-year from -$126.0 million in Q2 2023.

Veris Residential's Net Income - Minority history runs 4 years deep, the most recent figure standing at -$140.0 million for Q1 2024.

  • In Q1 2024, Net Income - Minority rose 11.09% year-over-year to -$140.0 million; the TTM figure through Mar 2024 stood at -$140.0 million (up 11.09% YoY), while the FY2024 annual figure was -$540000.0, up 99.62% from the prior year.
  • Net Income - Minority came in at -$140.0 million for Q1 2024 at Veris Residential, up from -$142.1 million in the prior quarter.
  • In the past five years, Net Income - Minority ranged from a high of -$140.0 million in Q1 2024 to a low of -$170.9 million in Q2 2022.
  • A 4-year average of -$155.2 million and a median of -$157.4 million in 2023 frame the typical range for Net Income - Minority.
  • Across the five-year window, Net Income - Minority rose 2.26% in 2022 and gained 13.18% in 2023, its largest moves.
  • Veris Residential's Net Income - Minority stood at -$167.4 million in 2021, then advanced by 2.26% to -$163.7 million in 2022, then increased by 13.18% to -$142.1 million in 2023, then rose by 1.47% to -$140.0 million in 2024.
  • According to Business Quant data, Net Income - Minority over the past three periods registered -$140.0 million, -$142.1 million, and -$143.5 million for Q1 2024, Q4 2023, and Q3 2023 respectively.

Peer Comparison

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

Historic Data

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DateValue
Mar 31, 2024 -139.99 Mn
Dec 31, 2023 -142.08 Mn
Sep 30, 2023 -143.46 Mn
Jun 30, 2023 -151.07 Mn
Mar 31, 2023 -157.44 Mn
Dec 31, 2022 -163.65 Mn
Sep 30, 2022 -160.48 Mn
Jun 30, 2022 -170.89 Mn
Dec 31, 2021 -167.44 Mn