KPIs & Operating Metrics(New)
Growth Metrics

Veris Residential (VRE) Tax Rate (2023 - 2026)

Veris Residential recorded quarterly Tax Rate of 0.44% in Q1 2026, up 95.19% quarter-over-quarter from 9.23% in Q4 2025, and down 14.0% year-over-year from 0.52% in Q1 2025.

Veris Residential's Tax Rate history runs 4 years deep, the most recent figure standing at 0.44% for Q1 2026.

  • In Q1 2026, Tax Rate fell 14.0% year-over-year to 0.44%; the TTM figure through Mar 2026 stood at 0.35% (up 103.0% YoY), while the FY2025 annual figure 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.
  • A 4-year average of 0.04% and a median of 0.35% in 2024 frame the typical range for Tax Rate.
  • Across the five-year window, Tax Rate soared 122 bps in 2024 and tumbled 1102 bps in 2025, its largest moves.
  • Veris Residential's Tax Rate stood at 1.23% in 2023, then soared by 99 bps to 0.01% in 2024, then tumbled by 68675 bps to 9.23% in 2025, then surged by 95 bps to 0.44% in 2026.
  • According to Business Quant data, Tax Rate over the past three periods registered 0.44%, 9.23%, and 0.05% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Avalonbay Communities 25.91 Bn 26.13 Bn - -0.09
2 Equity Residential 25.13 Bn 25.27 Bn - 0.09
3 Invitation Homes 17.75 Bn 17.79 Bn 694.98 Mn -
4 Sun Communities 15.66 Bn 15.77 Bn 491.20 Mn 7.23
5 Mid America Apartment Communities 15.34 Bn 15.42 Bn 537.05 Mn 2.06
6 American Homes 4 Rent 13.60 Bn 14.17 Bn - -
7 Udr 12.44 Bn 12.44 Bn 416.43 Mn 0.22
8 Equity Lifestyle Properties 12.31 Bn 12.37 Bn 393.79 Mn -
9 Camden Property Trust 11.27 Bn 11.34 Bn - 2.07
10 Veris Residential 1.94 Bn 1.94 Bn 67.22 Mn -0.44

Historic Data

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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
Sep 30, 2023 -0.48
Sep 30, 2023 -0.48