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
DateValue
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%