Vesta Real Estate Corporation, S.A.B. de C.V VTMX
NYSE VTMX
$34.83 +0.33 (+0.96%)
As of: Aug 21, 2026 · 9:53 AM EDT

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 Gross Margin of 91.29% for Q4 2023, up 0.51% sequentially from 90.82% in Q3 2023, and down 79.0% YoY from 434.71% in Q4 2022.

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 has reported Gross Margin for 2 years, with the latest figure at 91.29% 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 advanced to 91.29% in Q4 2023 per VTMX's latest filing, from 90.82% in the prior quarter.
  • Over five years, Gross Margin peaked at 93.92% in Q2 2022 and troughed at 90.82% in Q3 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Howard Hughes Holdings 3.97 Bn 3.97 Bn 1.07 Bn 95.08%
2 Vesta Real Estate Corporation, S.A.B. de C.V 2.96 Bn 2.96 Bn - -
3 Century Communities 2.00 Bn 1.91 Bn 190.18 Mn 20.51%
4 Forestar 1.47 Bn 1.07 Bn 84.10 Mn 20.66%
5 Five Point Holdings 391.14 Mn 41.76 Mn -23.72 Mn -170.62%
6 Belpointe PREP 188.32 Mn 188.93 Mn - -
7 Amrep 124.81 Mn 72.12 Mn 4.41 Mn 40.02%
8 Smith Douglas Homes 104.76 Mn 90.56 Mn 47.92 Mn 17.55%
9 Logistic Properties of the Americas 103.65 Mn 103.65 Mn - -
10 JFB Construction Holdings 76.98 Mn 69.01 Mn 1.33 Mn 19.49%

Historic Data

Download Data
DateValue
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%