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