Vesta Real Estate Corporation, S.A.B. de C.V (VTMX) EBITDA Margin (2022 - 2026)
Vesta Real Estate Corporation, S.A.B. de C.V (VTMX) posted quarterly EBITDA Margin of 81.02% for Q2 2026, down 70.0% year-on-year from 270.06% in Q2 2025, and little changed on a QoQ basis from 80.96% in Q1 2026.
Vesta Real Estate Corporation, S.A.B. de C.V (VTMX) EBITDA Margin (2022 - 2026) Analysis & Trends
Vesta Real Estate Corporation, S.A.B. de C.V (VTMX) has reported EBITDA Margin for 5 consecutive years, with 81.02% the latest figure, recorded in Q2 2026.
- Quarterly EBITDA Margin fell 70.0% year-over-year to 81.02% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 81.09% (down 15.0% YoY) and the FY2025 annual result came in at 81.6%, up 59.0% from the prior year.
- EBITDA Margin held at 81.02% in Q2 2026 per VTMX's latest filing, from 80.96% in the prior quarter.
- Over the last five years, EBITDA Margin for VTMX reached as high as 84.99% in Q3 2022 and fell as low as 78.89% in Q4 2023.
- A 5-year average of 81.9% and a median of 81.72% in 2025 frame the typical range for EBITDA Margin.
- Annual changes were most pronounced in 2023 — EBITDA Margin sank 423 bps — and 2025, when it soared 172 bps.
- Year by year, EBITDA Margin stood at 83.12% in 2022, then slipped by 5 bps to 78.89% in 2023, then gained by 1 bps to 79.29% in 2024, then advanced by 1 bps to 79.97% in 2025, then rose by 1 bps to 81.02% in 2026.
- According to Business Quant data, EBITDA Margin over the past three periods registered 81.02%, 80.96%, and 79.97% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vesta Real Estate Corporation, S.A.B. de C.V | 29.69 Bn | 29.69 Bn | - | 81.02% |
| 2 | Howard Hughes Holdings | 3.89 Bn | 3.89 Bn | 182.88 Mn | 21.48% |
| 3 | Century Communities | 2.07 Bn | 1.97 Bn | 190.18 Mn | 20.53% |
| 4 | Forestar | 1.51 Bn | 1.12 Bn | 84.10 Mn | 11.25% |
| 5 | Five Point Holdings | 413.96 Mn | 64.59 Mn | -23.72 Mn | -325.18% |
| 6 | Belpointe PREP | 178.93 Mn | 178.93 Mn | - | - |
| 7 | Smith Douglas Homes | 139.69 Mn | 111.70 Mn | 40.45 Mn | 2.20% |
| 8 | Amrep | 122.05 Mn | 69.36 Mn | 4.41 Mn | 19.23% |
| 9 | Logistic Properties of the Americas | 93.27 Mn | 93.27 Mn | - | -5.03% |
| 10 | Kaanapali Land | 55.35 Mn | 18.66 Mn | 10.32 Mn | 43.03% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 81.02% |
| Mar 31, 2026 | 80.96% |
| Dec 31, 2025 | 79.97% |
| Sep 30, 2025 | 82.46% |
| Jun 30, 2025 | 81.72% |
| Mar 31, 2025 | 82.41% |
| Dec 31, 2024 | 79.29% |
| Sep 30, 2024 | 81.48% |
| Jun 30, 2024 | 80.00% |
| Mar 31, 2024 | 83.50% |
| Dec 31, 2023 | 78.89% |
| Sep 30, 2023 | 80.85% |
| Jun 30, 2023 | 82.77% |
| Mar 31, 2023 | 84.30% |
| Dec 31, 2022 | 83.12% |
| Sep 30, 2022 | 84.99% |
| Jun 30, 2022 | 84.52% |