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
DateValue
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