Vesta Real Estate Corporation, S.A.B. de C.V (VTMX) Change in Taxes (2022 - 2026)
Vesta Real Estate Corporation, S.A.B. de C.V (VTMX) posted quarterly Change in Taxes of -$34.5 million for Q2 2026, down 142.96% year-on-year from $80.3 million in Q2 2025, and down 88.52% on a QoQ basis from -$18.3 million in Q1 2026.
Vesta Real Estate Corporation, S.A.B. de C.V (VTMX) Change in Taxes (2022 - 2026) Analysis & Trends
Vesta Real Estate Corporation, S.A.B. de C.V (VTMX) has reported Change in Taxes for 5 consecutive years, with -$34.5 million the latest figure, recorded in Q2 2026.
- Quarterly Change in Taxes fell 142.96% year-over-year to -$34.5 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was -$113.2 million (up 36.15% YoY) and the FY2023 annual result came in at -$64.1 million, changed N/A from the prior year.
- Change in Taxes eased to -$34.5 million in Q2 2026 per VTMX's latest filing, from -$18.3 million in the prior quarter.
- Over the last five years, Change in Taxes for VTMX reached as high as -$1178.0 in Q2 2022 and fell as low as -$79.7 million in Q3 2024.
- A 5-year average of -$39.0 million and a median of -$40.1 million in 2025 frame the typical range for Change in Taxes.
- Annual changes were most pronounced in 2023 — Change in Taxes plunged 3038949.24% — and 2025, when it surged 79.21%.
- Year by year, Change in Taxes stood at -$55.9 million in 2022, then declined by 14.73% to -$64.1 million in 2023, then decreased by 17.0% to -$75.0 million in 2024, then soared by 46.53% to -$40.1 million in 2025, then grew by 13.97% to -$34.5 million in 2026.
- According to Business Quant data, Change in Taxes over the past three periods registered -$34.5 million, -$18.3 million, and -$40.1 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Vesta Real Estate Corporation, S.A.B. de C.V | 29.71 Bn | 29.71 Bn | - | -34.50 Mn |
| 2 | Howard Hughes Holdings | 3.90 Bn | 3.90 Bn | 182.88 Mn | - |
| 3 | Century Communities | 2.08 Bn | 1.99 Bn | 190.18 Mn | - |
| 4 | Forestar | 1.51 Bn | 1.12 Bn | 84.10 Mn | - |
| 5 | Five Point Holdings | 413.96 Mn | 64.59 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 | 91,000.00 |
| 9 | Logistic Properties of the Americas | 94.85 Mn | 94.85 Mn | - | -5.02 Mn |
| 10 | Kaanapali Land | 55.35 Mn | 18.66 Mn | 10.32 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -34.50 Mn |
| Jun 30, 2026 | -34.50 Mn |
| Mar 31, 2026 | -18.30 Mn |
| Mar 31, 2026 | -18.30 Mn |
| Dec 31, 2025 | -40.10 Mn |
| Dec 31, 2025 | -40.10 Mn |
| Sep 30, 2025 | -20.30 Mn |
| Sep 30, 2025 | -20.30 Mn |
| Jun 30, 2025 | -14.20 Mn |
| Jun 30, 2025 | -14.20 Mn |
| Mar 31, 2025 | -8.40 Mn |
| Mar 31, 2025 | -8.40 Mn |
| Dec 31, 2024 | -75.00 Mn |
| Dec 31, 2024 | -75.00 Mn |
| Sep 30, 2024 | -79.70 Mn |
| Sep 30, 2024 | -79.70 Mn |
| Jun 30, 2024 | -63.00 Mn |
| Jun 30, 2024 | -63.00 Mn |
| Mar 31, 2024 | -40.40 Mn |
| Mar 31, 2024 | -40.40 Mn |