KPIs & Operating Metrics(New)
Growth Metrics

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

Veris Residential has reported Tax Rate over the past 4 years, most recently at 0.44% for Q1 2026.

  • Quarterly Tax Rate fell 14.0% to 0.44% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 0.35% through Mar 2026, up 103.0% year-over-year, with the annual reading at 0.31% for FY2025, 121.0% up from the prior year.
  • Tax Rate was 0.44% for Q1 2026 at Veris Residential, up from 9.23% in the prior quarter.
  • Over five years, Tax Rate peaked at 11.8% in Q2 2024 and troughed at 9.23% in Q4 2025.
  • The 4-year median for Tax Rate is 0.35% (2024), against an average of 0.04%.
  • Biggest five-year swings in Tax Rate: soared 122bps in 2024 and later plummeted -1102bps in 2025.
  • Tracing VRE's Tax Rate over 4 years: stood at 1.23% in 2023, then surged by 99bps to 0.01% in 2024, then tumbled by -68675bps to 9.23% in 2025, then skyrocketed by 95bps to 0.44% in 2026.
  • According to Business Quant data, Tax Rate over the past three periods came in at 0.44%, 9.23%, and 0.05% for Q1 2026, Q4 2025, and Q3 2025 respectively.