Vesta Real Estate Corporation, S.A.B. de C.V (VTMX) Gross Margin (2022 - 2023)
Vesta Real Estate Corporation, S.A.B. de C.V (VTMX) posted quarterly Gross Margin of 91.29% for Q4 2023, down 79.0% year-on-year from 434.71% in Q4 2022, and up 0.51% on a QoQ basis from 90.82% in Q3 2023.
Vesta Real Estate Corporation, S.A.B. de C.V (VTMX) Gross Margin (2022 - 2023) Analysis & Trends
Vesta Real Estate Corporation, S.A.B. de C.V (VTMX) has reported Gross Margin for 2 consecutive years, with 91.29% the latest figure, recorded in Q4 2023.
- Quarterly Gross Margin fell 79.0% year-over-year to 91.29% in Q4 2023, while the trailing twelve-month figure through Dec 2023 was 90.53% (changed N/A YoY) and the FY2025 annual result came in at 90.02%, down 24.0% from the prior year.
- Gross Margin rose to 91.29% in Q4 2023 per VTMX's latest filing, from 90.82% in the prior quarter.
- Over the last five years, Gross Margin for VTMX reached as high as 93.92% in Q2 2022 and fell as low as 90.82% in Q3 2023.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vesta Real Estate Corporation, S.A.B. de C.V | 29.69 Bn | 29.69 Bn | - | - |
| 2 | Howard Hughes Holdings | 3.89 Bn | 3.89 Bn | 182.88 Mn | 77.52% |
| 3 | Century Communities | 2.07 Bn | 1.97 Bn | 190.18 Mn | 20.51% |
| 4 | Forestar | 1.51 Bn | 1.12 Bn | 84.10 Mn | 20.66% |
| 5 | Five Point Holdings | 413.96 Mn | 64.59 Mn | -23.72 Mn | -170.62% |
| 6 | Belpointe PREP | 178.93 Mn | 178.93 Mn | - | - |
| 7 | Smith Douglas Homes | 139.69 Mn | 111.70 Mn | 40.45 Mn | 19.59% |
| 8 | Amrep | 122.05 Mn | 69.36 Mn | 4.41 Mn | 40.02% |
| 9 | Logistic Properties of the Americas | 93.27 Mn | 93.27 Mn | - | - |
| 10 | Kaanapali Land | 55.35 Mn | 18.66 Mn | 10.32 Mn | 50.65% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 91.29% |
| Sep 30, 2023 | 90.82% |
| Jun 30, 2023 | 92.41% |
| Dec 31, 2022 | 92.08% |
| Sep 30, 2022 | 93.54% |
| Jun 30, 2022 | 93.92% |