Veris Residential (VRE) Tax Rate (2023 - 2026)
Veris Residential's (VRE) quarterly Tax Rate came in at 0.44% in Q1 2026, down 14.0% year-on-year from 0.52% in Q1 2025, and up 95.19% quarter-over-quarter from 9.23% in Q4 2025.
Veris Residential (VRE) Tax Rate (2023 - 2026) Analysis & Trends
Veris Residential has disclosed Tax Rate across 4 years of filings, most recently posting 0.44% for Q1 2026.
- Tax Rate for Q1 2026 came in at 0.44%, down 14.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.35% (up 103.0% YoY), and the FY2025 annual result was 0.31%, up 121.0% from the prior year.
- Tax Rate came in at 0.44% for Q1 2026 at Veris Residential, up from 9.23% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 11.8% in Q2 2024 to a low of 9.23% in Q4 2025.
- The 4-year median for Tax Rate is 0.35% (2024), against an average of 0.04%.
- Across the five-year window, Tax Rate surged 122 bps in 2024 and plunged 1102 bps in 2025, its largest moves.
- Veris Residential's Tax Rate stood at 1.23% in 2023, then surged by 99 bps to 0.01% in 2024, then plunged by 68675 bps to 9.23% in 2025, then jumped by 95 bps to 0.44% in 2026.
- The last three Tax Rate figures came in at 0.44% (Q1 2026), 9.23% (Q4 2025), and 0.05% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 24.79 Bn | 25.01 Bn | - | -0.09 |
| 2 | Equity Residential | 24.35 Bn | 24.48 Bn | - | 0.09 |
| 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 | 2.06 |
| 5 | Sun Communities | 14.54 Bn | 14.65 Bn | 491.20 Mn | 7.23 |
| 6 | American Homes 4 Rent | 13.37 Bn | 13.94 Bn | - | - |
| 7 | Udr | 12.30 Bn | 12.30 Bn | 416.43 Mn | 0.22 |
| 8 | Equity Lifestyle Properties | 12.06 Bn | 12.12 Bn | 393.79 Mn | - |
| 9 | Camden Property Trust | 11.45 Bn | 11.53 Bn | - | 2.07 |
| 10 | Veris Residential | 1.94 Bn | 1.94 Bn | 67.22 Mn | -0.44 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -0.44% |
| Mar 31, 2026 | -0.44% |
| Dec 31, 2025 | -9.23% |
| Dec 31, 2025 | -9.23% |
| Sep 30, 2025 | 0.05% |
| Sep 30, 2025 | 0.05% |
| Jun 30, 2025 | 0.78% |
| Jun 30, 2025 | 0.78% |
| Mar 31, 2025 | -0.30% |
| Mar 31, 2025 | -0.30% |
| Dec 31, 2024 | -0.01% |
| Dec 31, 2024 | -0.01% |
| Sep 30, 2024 | -0.35% |
| Sep 30, 2024 | -0.35% |
| Jun 30, 2024 | 11.80% |
| Jun 30, 2024 | 11.80% |
| Mar 31, 2024 | -0.95% |
| Mar 31, 2024 | -0.95% |
| Dec 31, 2023 | -1.23% |
| Dec 31, 2023 | -1.23% |