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