Veris Residential (VRE) Tax Rate (2023 - 2026)
Veris Residential (VRE) reported Tax Rate of 0.44% for Q1 2026, down 14.0% on a YoY basis from 0.52% in Q1 2025, and up 95.19% sequentially from 9.23% in Q4 2025.
Veris Residential (VRE) Tax Rate (2023 - 2026) Analysis & Trends
Veris Residential (VRE) has 4 years of Tax Rate data on file, last reported at 0.44% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate fell 14.0% year-over-year to 0.44%; the trailing twelve-month figure through Mar 2026 stood at 0.35% (up 103.0% YoY), and the FY2025 full-year result was 0.31%, up 121.0% from the prior year.
- Tax Rate grew to 0.44% in Q1 2026, 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 surged 122 bps in 2024 and slumped 1102 bps in 2025, its largest moves.
- Tracing VRE's Tax Rate over 4 years: stood at 1.23% in 2023, then jumped by 99 bps to 0.01% in 2024, then sank by 68675 bps to 9.23% in 2025, then soared by 95 bps to 0.44% in 2026.
- Business Quant data shows VRE's Tax Rate at 0.44% in Q1 2026, 9.23% in Q4 2025, and 0.05% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 26.48 Bn | 26.48 Bn | - | -0.09 |
| 2 | Equity Residential | 25.80 Bn | 25.80 Bn | - | 0.09 |
| 3 | Invitation Homes | 18.05 Bn | 18.05 Bn | 694.98 Mn | - |
| 4 | Mid America Apartment Communities | 15.67 Bn | 15.54 Bn | 537.05 Mn | 2.06 |
| 5 | Sun Communities | 14.96 Bn | 14.96 Bn | 491.20 Mn | 7.23 |
| 6 | Udr | 13.01 Bn | 12.98 Bn | 416.43 Mn | - |
| 7 | Equity Lifestyle Properties | 12.85 Bn | 12.85 Bn | 378.95 Mn | - |
| 8 | American Homes 4 Rent | 12.22 Bn | 12.22 Bn | - | - |
| 9 | Camden Property Trust | 11.94 Bn | 11.94 Bn | - | 2.07 |
| 10 | Veris Residential | 1.78 Bn | 1.77 Bn | 67.22 Mn | -0.44 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -0.44% |
| Mar 31, 2026 | -0.44% |
| Mar 31, 2026 | -0.44% |
| Dec 31, 2025 | -9.23% |
| Dec 31, 2025 | -9.23% |
| Dec 31, 2025 | -9.23% |
| Sep 30, 2025 | 0.05% |
| Sep 30, 2025 | 0.05% |
| Sep 30, 2025 | 0.05% |
| Jun 30, 2025 | 0.78% |
| Jun 30, 2025 | 0.78% |
| Jun 30, 2025 | 0.78% |
| Mar 31, 2025 | -0.30% |
| Mar 31, 2025 | -0.30% |
| Mar 31, 2025 | -0.30% |
| Dec 31, 2024 | -0.01% |
| Dec 31, 2024 | -0.01% |
| Dec 31, 2024 | -0.01% |
| Sep 30, 2024 | -0.35% |
| Sep 30, 2024 | -0.35% |