Vesta Real Estate Corporation, S.A.B. de C.V (VTMX) Net Margin (2022 - 2026)
Vesta Real Estate Corporation, S.A.B. de C.V (VTMX) recorded Net Margin of 129.68% in the quarter ended Jun 30, 2026, up 88.52 percentage points from 41.16% a year earlier but down 2.00 percentage points from the prior quarter.
Vesta Real Estate Corporation, S.A.B. de C.V (VTMX) Net Margin (2022 - 2026) Analysis & Trends
On a TTM basis, Vesta Real Estate Corporation, S.A.B. de C.V's Net Margin came in at 132.27% as of Jun 30, 2026, up 120.12 percentage points year-over-year; for the year ended Dec 31, 2025, it came in at 85.42%, down 3.09 percentage points from the prior year.
- Annual Net Margin has a four-year change of -22.77 percentage points (years ended Dec 2021 to Dec 2025).
- Across earlier years, Net Margin came in at 88.51% in the year ended Dec 31, 2024 (-59.13 pp), 147.64% in the year ended Dec 31, 2023 (+10.79 pp), 136.85% in the year ended Dec 31, 2022 (+28.67 pp) and 108.18% in the year ended Dec 31, 2021.
- Quarterly Net Margin has ranged from -96.01% in the quarter ended Dec 31, 2024 to 228.14% in the quarter ended Dec 31, 2025 over the past five years.
- On a year-over-year basis, Net Margin has increased for three consecutive quarters, with an average year-over-year change of -24.49 percentage points over the last eight quarters.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 324.15 percentage points in the quarter ended Dec 31, 2025, against a drop of 299.59 percentage points in the quarter ended Dec 31, 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 131.68% (quarter ended Mar 31, 2026), 228.14% (quarter ended Dec 31, 2025) and 34.53% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 22.47 Bn | 21.30 Bn | - | 62.56% |
| 2 | Eason Technology | 6.75 Bn | 6.75 Bn | - | - |
| 3 | LandBridge | 6.25 Bn | 6.60 Bn | 65.71 Mn | 46.45% |
| 4 | Millrose Properties | 4.01 Bn | 4.01 Bn | - | 63.95% |
| 5 | St Joe | 3.75 Bn | 3.25 Bn | 73.42 Mn | 25.48% |
| 6 | Vesta Real Estate Corporation, S.A.B. de C.V | 2.85 Bn | 2.85 Bn | - | 129.68% |
| 7 | Opendoor Technologies | 2.30 Bn | -1.52 Bn | 86.00 Mn | -18.35% |
| 8 | Forestar | 1.31 Bn | -34.86 Mn | 84.10 Mn | 8.82% |
| 9 | Five Point Holdings | 693.74 Mn | 722.51 Mn | -23.72 Mn | 78.13% |
| 10 | Tejon Ranch | 438.56 Mn | 373.54 Mn | - | 18.48% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 129.68% |
| Mar 31, 2026 | 131.68% |
| Dec 31, 2025 | 228.14% |
| Sep 30, 2025 | 34.53% |
| Jun 30, 2025 | 41.16% |
| Mar 31, 2025 | 22.21% |
| Dec 31, 2024 | -96.01% |
| Sep 30, 2024 | 81.63% |
| Jun 30, 2024 | 173.49% |
| Mar 31, 2024 | 206.11% |
| Dec 31, 2023 | 203.58% |
| Sep 30, 2023 | 136.80% |
| Jun 30, 2023 | 185.83% |
| Mar 31, 2023 | 110.82% |
| Dec 31, 2022 | 166.03% |
| Sep 30, 2022 | 136.17% |
| Jun 30, 2022 | 124.36% |
Vesta Real Estate Corporation, S.A.B. de C.V Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=VTMX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "VTMX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=VTMX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();