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| Date | Value |
|---|---|
| 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 |