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

Veris Residential's (VRE) quarterly Net Income - Minority came in at -$140.0 million in Q1 2024, up 11.09% year-on-year from -$126.0 million in Q2 2023, and up 1.47% quarter-over-quarter from -$142.1 million in Q4 2023.

Veris Residential (VRE) Net Income - Minority (2021 - 2024) Analysis & Trends

Veris Residential has disclosed Net Income - Minority across 4 years of filings, most recently posting -$140.0 million for Q1 2024.

  • Net Income - Minority for Q1 2024 came in at -$140.0 million, up 11.09% year-over-year; the trailing twelve-month figure through Mar 2024 was -$140.0 million (up 11.09% YoY), and the FY2024 annual result 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.
  • The 4-year median for Net Income - Minority is -$157.4 million (2023), against an average of -$155.2 million.
  • Across the five-year window, Net Income - Minority increased 2.26% in 2022 and rose 13.18% in 2023, its largest moves.
  • Veris Residential's Net Income - Minority stood at -$167.4 million in 2021, then gained by 2.26% to -$163.7 million in 2022, then grew by 13.18% to -$142.1 million in 2023, then increased by 1.47% to -$140.0 million in 2024.
  • The last three Net Income - Minority figures came in at -$140.0 million (Q1 2024), -$142.1 million (Q4 2023), and -$143.5 million (Q3 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income - Minority (Qtr)
1 Avalonbay Communities 24.79 Bn 25.01 Bn - -
2 Equity Residential 24.35 Bn 24.48 Bn - -
3 Invitation Homes 17.23 Bn 17.27 Bn 694.98 Mn -
4 Mid America Apartment Communities 15.51 Bn 15.59 Bn 537.05 Mn -
5 Sun Communities 14.54 Bn 14.65 Bn 491.20 Mn -
6 American Homes 4 Rent 13.37 Bn 13.94 Bn - -
7 Udr 12.30 Bn 12.30 Bn 416.43 Mn -
8 Equity Lifestyle Properties 12.06 Bn 12.12 Bn 393.79 Mn -
9 Camden Property Trust 11.45 Bn 11.53 Bn - -
10 Veris Residential 1.94 Bn 1.94 Bn 67.22 Mn -

Historic Data

Download Data
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