KPIs & Operating Metrics(New)
Growth Metrics

Veris Residential (VRE) Operating Leases (2023)

Veris Residential's Operating Leases history spans 3 years, with the latest figure at $6.3 million for Q1 2025.

  • For Q1 2025, Operating Leases changed N/A year-over-year to $6.3 million; the TTM value through Mar 2025 reached $6.3 million, changed N/A, while the annual FY2023 figure was $7.4 million, 127.73% up from the prior year.
  • Operating Leases for Q1 2025 was $6.3 million at Veris Residential, down from $7.4 million in the prior quarter.
  • Across five years, Operating Leases topped out at $7.4 million in Q4 2023 and bottomed at $3.2 million in Q4 2022.
  • The 3-year median for Operating Leases is $4.7 million (2023), against an average of $5.3 million.
  • The largest YoY upside for Operating Leases was 127.73% in 2023 against a maximum downside of 127.73% in 2023.
  • A 3-year view of Operating Leases shows it stood at $3.2 million in 2022, then soared by 127.73% to $7.4 million in 2023, then fell by 13.85% to $6.3 million in 2025.
  • Per Business Quant, the three most recent readings for VRE's Operating Leases are $6.3 million (Q1 2025), $7.4 million (Q4 2023), and $4.7 million (Q3 2023).