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
DateValue
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%