Vesta Real Estate Corporation, S.A.B. de C.V (VTMX) Asset Writedowns and Impairment (2022 - 2026)
Vesta Real Estate Corporation, S.A.B. de C.V (VTMX) posted quarterly Asset Writedowns and Impairment of -$49.6 million for Q2 2026, down 535.9% year-on-year from $11.4 million in Q2 2025, and down 192.88% on a QoQ basis from $53.4 million in Q1 2026.
Vesta Real Estate Corporation, S.A.B. de C.V (VTMX) Asset Writedowns and Impairment (2022 - 2026) Analysis & Trends
Vesta Real Estate Corporation, S.A.B. de C.V (VTMX) has reported Asset Writedowns and Impairment for 5 consecutive years, with -$49.6 million the latest figure, recorded in Q2 2026.
- Quarterly Asset Writedowns and Impairment fell 535.9% year-over-year to -$49.6 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was -$56.5 million (up 35.21% YoY) and the FY2025 annual result came in at -$52.1 million, up 80.75% from the prior year.
- Asset Writedowns and Impairment slipped to -$49.6 million in Q2 2026 per VTMX's latest filing, from $53.4 million in the prior quarter.
- Over the last five years, Asset Writedowns and Impairment for VTMX reached as high as $95.2 million in Q3 2023 and fell as low as -$107.3 million in Q1 2024.
- A 5-year average of -$15.2 million and a median of -$20.0 million in 2024 frame the typical range for Asset Writedowns and Impairment.
- Annual changes were most pronounced in 2024 — Asset Writedowns and Impairment plunged 897.5% — and 2026, when it jumped 433.75%.
- Year by year, Asset Writedowns and Impairment stood at -$63.0 million in 2022, then fell by 1.45% to -$63.9 million in 2023, then surged by 38.34% to -$39.4 million in 2024, then plunged by 40.86% to -$55.5 million in 2025, then advanced by 10.63% to -$49.6 million in 2026.
- According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered -$49.6 million, $53.4 million, and -$55.5 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Vesta Real Estate Corporation, S.A.B. de C.V | 29.56 Bn | 29.56 Bn | - |
| 2 | Howard Hughes Holdings | 3.92 Bn | 3.92 Bn | 182.88 Mn |
| 3 | Century Communities | 2.08 Bn | 1.98 Bn | 190.18 Mn |
| 4 | Forestar | 1.51 Bn | 1.12 Bn | 84.10 Mn |
| 5 | Five Point Holdings | 414.73 Mn | 65.35 Mn | -23.72 Mn |
| 6 | Belpointe PREP | 178.93 Mn | 178.93 Mn | - |
| 7 | Smith Douglas Homes | 139.55 Mn | 111.56 Mn | 40.45 Mn |
| 8 | Amrep | 122.61 Mn | 69.92 Mn | 4.41 Mn |
| 9 | Logistic Properties of the Americas | 96.75 Mn | 96.75 Mn | - |
| 10 | Kaanapali Land | 55.35 Mn | 18.66 Mn | 10.32 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -49.60 Mn |
| Jun 30, 2026 | -49.60 Mn |
| Mar 31, 2026 | 53.40 Mn |
| Mar 31, 2026 | 53.40 Mn |
| Dec 31, 2025 | -55.50 Mn |
| Dec 31, 2025 | -55.50 Mn |
| Sep 30, 2025 | -4.80 Mn |
| Sep 30, 2025 | -4.80 Mn |
| Jun 30, 2025 | -7.80 Mn |
| Jun 30, 2025 | -7.80 Mn |
| Mar 31, 2025 | -16.00 Mn |
| Mar 31, 2025 | -16.00 Mn |
| Dec 31, 2024 | -39.40 Mn |
| Dec 31, 2024 | -39.40 Mn |
| Sep 30, 2024 | -24.00 Mn |
| Sep 30, 2024 | -24.00 Mn |
| Jun 30, 2024 | -100.10 Mn |
| Jun 30, 2024 | -100.10 Mn |
| Mar 31, 2024 | -107.33 Mn |
| Mar 31, 2024 | -107.33 Mn |