Vesta Real Estate Corporation, S.A.B. de C.V (VTMX) Capital Expenditures (2022 - 2026)

Vesta Real Estate Corporation, S.A.B. de C.V (VTMX) posted quarterly Capital Expenditures of -$90.9 million for Q2 2026, up 46.34% year-on-year from -$62.1 million in Q2 2025, and down 486.45% on a QoQ basis from -$15.5 million in Q1 2026.

Vesta Real Estate Corporation, S.A.B. de C.V (VTMX) Capital Expenditures (2022 - 2026) Analysis & Trends

Vesta Real Estate Corporation, S.A.B. de C.V (VTMX) has reported Capital Expenditures for 5 consecutive years, with -$90.9 million the latest figure, recorded in Q2 2026.

  • Quarterly Capital Expenditures rose 46.34% year-over-year to -$90.9 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was -$670.4 million (down 11.23% YoY) and the FY2025 annual result came in at $837371.0, up 40.19% from the prior year.
  • Capital Expenditures fell to -$90.9 million in Q2 2026 per VTMX's latest filing, from -$15.5 million in the prior quarter.
  • Over the last five years, Capital Expenditures for VTMX reached as high as $182.9 million in Q4 2022 and fell as low as -$337.5 million in Q4 2025.
  • A 5-year average of -$117.8 million and a median of -$105.6 million in 2022 frame the typical range for Capital Expenditures.
  • Annual changes were most pronounced in 2023 — Capital Expenditures sank 2521298.42% — and 2026, when it jumped 73.37%.
  • Year by year, Capital Expenditures stood at $182.9 million in 2022, then tumbled by 243.88% to -$263.1 million in 2023, then grew by 12.16% to -$231.1 million in 2024, then tumbled by 46.04% to -$337.5 million in 2025, then soared by 73.07% to -$90.9 million in 2026.
  • According to Business Quant data, Capital Expenditures over the past three periods registered -$90.9 million, -$15.5 million, and -$337.5 million for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Vesta Real Estate Corporation, S.A.B. de C.V 29.69 Bn 29.69 Bn - -90.90 Mn
2 Howard Hughes Holdings 3.89 Bn 3.89 Bn 182.88 Mn 14.83 Mn
3 Century Communities 2.07 Bn 1.98 Bn 190.18 Mn 7.49 Mn
4 Forestar 1.51 Bn 1.12 Bn 84.10 Mn -
5 Five Point Holdings 415.97 Mn 66.60 Mn -23.72 Mn 176,000.00
6 Belpointe PREP 178.93 Mn 178.93 Mn - 10.23 Mn
7 Smith Douglas Homes 139.69 Mn 111.70 Mn 40.45 Mn 540,000.00
8 Amrep 122.05 Mn 69.36 Mn 4.41 Mn 3,000.00
9 Logistic Properties of the Americas 93.27 Mn 93.27 Mn - -26,740.00
10 Kaanapali Land 55.35 Mn 18.66 Mn 10.32 Mn 86,000.00

Historic Data

Download Data
DateValue
Jun 30, 2026 -90.90 Mn
Jun 30, 2026 -90.90 Mn
Mar 31, 2026 -15.50 Mn
Mar 31, 2026 -15.50 Mn
Dec 31, 2025 -337.50 Mn
Dec 31, 2025 -337.50 Mn
Sep 30, 2025 -226.50 Mn
Sep 30, 2025 -226.50 Mn
Jun 30, 2025 -169.40 Mn
Jun 30, 2025 -169.40 Mn
Mar 31, 2025 -58.20 Mn
Mar 31, 2025 -58.20 Mn
Dec 31, 2024 -231.10 Mn
Dec 31, 2024 -231.10 Mn
Sep 30, 2024 -144.00 Mn
Sep 30, 2024 -144.00 Mn
Jun 30, 2024 -102.10 Mn
Jun 30, 2024 -102.10 Mn
Mar 31, 2024 -33.30 Mn
Mar 31, 2024 -33.30 Mn