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 | 3.93 Bn | 3.93 Bn | 1.07 Bn | 95.08% |
| 2 | Vesta Real Estate Corporation, S.A.B. de C.V | 3.00 Bn | 3.00 Bn | - | - |
| 3 | Century Communities | 1.99 Bn | 1.90 Bn | 190.18 Mn | 20.51% |
| 4 | Forestar | 1.47 Bn | 1.08 Bn | 84.10 Mn | 20.66% |
| 5 | Five Point Holdings | 389.61 Mn | 40.24 Mn | -23.72 Mn | -170.62% |
| 6 | Belpointe PREP | 185.74 Mn | 185.74 Mn | - | - |
| 7 | Amrep | 124.98 Mn | 72.29 Mn | 4.41 Mn | 40.02% |
| 8 | Logistic Properties of the Americas | 103.65 Mn | 103.65 Mn | - | - |
| 9 | Smith Douglas Homes | 103.33 Mn | 89.13 Mn | 47.92 Mn | 17.55% |
| 10 | JFB Construction Holdings | 77.15 Mn | 69.18 Mn | 1.33 Mn | 19.49% |
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% |