Vesta Real Estate Corporation, S.A.B. de C.V (VTMX) Amortization (2022 - 2024)
Vesta Real Estate Corporation, S.A.B. de C.V's (VTMX) quarterly Amortization came in at $63.7 million in Q3 2024, up 14.43% year-on-year from $55.7 million in Q4 2023, and up 1.07% quarter-over-quarter from $63.0 million in Q2 2024.
Vesta Real Estate Corporation, S.A.B. de C.V (VTMX) Amortization (2022 - 2024) Analysis & Trends
Vesta Real Estate Corporation, S.A.B. de C.V has disclosed Amortization across 3 years of filings, most recently posting $63.7 million for Q3 2024.
- Amortization for Q3 2024 came in at $63.7 million, up 14.43% year-over-year; the trailing twelve-month figure through Sep 2024 was $244.7 million (up 1.04% YoY), and the FY2023 annual result was $214.5 million, up 20.47% from the prior year.
- Amortization came in at $63.7 million for Q3 2024 at Vesta Real Estate Corporation, S.A.B. de C.V, up from $63.0 million in the prior quarter.
- In the past five years, Amortization ranged from a high of $85.1 million in Q2 2022 to a low of $49.9 million in Q1 2023.
- The 3-year median for Amortization is $59.0 million (2023), against an average of $60.9 million.
- Across the five-year window, Amortization tumbled 39.5% in 2023 and increased 22.41% in 2024, its largest moves.
- Vesta Real Estate Corporation, S.A.B. de C.V's Amortization stood at $85.1 million in 2022, then plunged by 32.57% to $57.4 million in 2023, then gained by 10.99% to $63.7 million in 2024.
- The last three Amortization figures came in at $63.7 million (Q3 2024), $63.0 million (Q2 2024), and $60.6 million (Q1 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Amortization (Qtr) |
|---|---|---|---|---|---|
| 1 | Vesta Real Estate Corporation, S.A.B. de C.V | 19.65 Bn | 19.45 Bn | - | - |
| 2 | Howard Hughes Holdings | 3.99 Bn | 2.22 Bn | 182.88 Mn | - |
| 3 | Century Communities | 1.70 Bn | 1.62 Bn | 637.90 Mn | - |
| 4 | Forestar | 1.48 Bn | 1.12 Bn | 80.20 Mn | - |
| 5 | Five Point Holdings | 361.15 Mn | 1.49 Bn | 13.58 Mn | - |
| 6 | Sky Harbour | 317.31 Mn | 324.50 Mn | 7.09 Mn | - |
| 7 | Belpointe PREP | 180.46 Mn | 161.50 Mn | - | - |
| 8 | Amrep | 138.84 Mn | 88.35 Mn | 14.23 Mn | - |
| 9 | Smith Douglas Homes | 121.76 Mn | 447.61 Mn | 40.45 Mn | - |
| 10 | JFB Construction Holdings | 88.07 Mn | 62.81 Mn | 681,192.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 63.69 Mn |
| Sep 30, 2024 | 63.69 Mn |
| Jun 30, 2024 | 63.01 Mn |
| Jun 30, 2024 | 63.01 Mn |
| Mar 31, 2024 | 60.59 Mn |
| Mar 31, 2024 | 60.59 Mn |
| Dec 31, 2023 | 57.38 Mn |
| Dec 31, 2023 | 57.38 Mn |
| Sep 30, 2023 | 55.66 Mn |
| Sep 30, 2023 | 55.66 Mn |
| Jun 30, 2023 | 51.48 Mn |
| Jun 30, 2023 | 51.48 Mn |
| Mar 31, 2023 | 49.94 Mn |
| Mar 31, 2023 | 49.94 Mn |
| Jun 30, 2022 | 85.09 Mn |
| Jun 30, 2022 | 85.09 Mn |