Vesta Real Estate Corporation, S.A.B. de C.V (VTMX) Enterprise Value (2021 - 2026)
Vesta Real Estate Corporation, S.A.B. de C.V (VTMX) posted quarterly Enterprise Value of -$404.2 million for Q2 2026, down 118.6% year-on-year from $2.2 billion in Q2 2025, and down 19.73% on a QoQ basis from -$337.6 million in Q1 2026.
Vesta Real Estate Corporation, S.A.B. de C.V (VTMX) Enterprise Value (2021 - 2026) Analysis & Trends
Vesta Real Estate Corporation, S.A.B. de C.V (VTMX) has reported Enterprise Value for 6 consecutive years, with -$404.2 million the latest figure, recorded in Q2 2026.
- Quarterly Enterprise Value fell 118.6% year-over-year to -$404.2 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was -$404.2 million (down 118.6% YoY) and the FY2025 annual result came in at -$336.9 million, up 32.88% from the prior year.
- Enterprise Value retreated to -$404.2 million in Q2 2026 per VTMX's latest filing, from -$337.6 million in the prior quarter.
- Over the last five years, Enterprise Value for VTMX reached as high as -$139.1 million in Q4 2022 and fell as low as -$587.0 million in Q3 2025.
- A 5-year average of -$350.6 million and a median of -$404.2 million in 2026 frame the typical range for Enterprise Value.
- Annual changes were most pronounced in 2022 — Enterprise Value soared 69.29% — and 2023, when it sank 260.35%.
- Year by year, Enterprise Value stood at -$139.1 million in 2022, then plunged by 260.35% to -$501.1 million in 2023, then soared by 63.28% to -$184.0 million in 2024, then sank by 83.1% to -$336.9 million in 2025, then dropped by 19.98% to -$404.2 million in 2026.
- According to Business Quant data, Enterprise Value over the past three periods registered -$404.2 million, -$337.6 million, and -$336.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Vesta Real Estate Corporation, S.A.B. de C.V | 29.69 Bn | 29.69 Bn | - | -404.20 Mn |
| 2 | Howard Hughes Holdings | 3.89 Bn | 3.89 Bn | 182.88 Mn | -1.77 Bn |
| 3 | Century Communities | 2.07 Bn | 1.97 Bn | 190.18 Mn | -92.33 Mn |
| 4 | Forestar | 1.51 Bn | 1.12 Bn | 84.10 Mn | -393.70 Mn |
| 5 | Five Point Holdings | 413.96 Mn | 64.59 Mn | -23.72 Mn | -279.45 Mn |
| 6 | Belpointe PREP | 178.93 Mn | 178.93 Mn | - | -19.57 Mn |
| 7 | Smith Douglas Homes | 139.69 Mn | 111.70 Mn | 40.45 Mn | 325.85 Mn |
| 8 | Amrep | 122.05 Mn | 69.36 Mn | 4.41 Mn | -52.69 Mn |
| 9 | Logistic Properties of the Americas | 93.27 Mn | 93.27 Mn | - | 38.30 Bn |
| 10 | Kaanapali Land | 55.35 Mn | 18.66 Mn | 10.32 Mn | -36.69 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -404.20 Mn |
| Mar 31, 2026 | -337.60 Mn |
| Dec 31, 2025 | -336.90 Mn |
| Sep 30, 2025 | -587.00 Mn |
| Jun 30, 2025 | -184.90 Mn |
| Mar 31, 2025 | -184.90 Mn |
| Dec 31, 2024 | -183.99 Mn |
| Sep 30, 2024 | -501.90 Mn |
| Jun 30, 2024 | -501.90 Mn |
| Mar 31, 2024 | -501.90 Mn |
| Dec 31, 2023 | -501.09 Mn |
| Sep 30, 2023 | -408.18 Mn |
| Jun 30, 2023 | -139.90 Mn |
| Mar 31, 2023 | -139.90 Mn |
| Dec 31, 2022 | -139.06 Mn |
| Sep 30, 2022 | -453.56 Mn |
| Mar 31, 2022 | -453.56 Mn |
| Dec 31, 2021 | -452.80 Mn |