Vesta Real Estate Corporation, S.A.B. de C.V (VTMX) Non-Current Deferred Tax Liability (2021 - 2026)
Vesta Real Estate Corporation, S.A.B. de C.V (VTMX) posted quarterly Non-Current Deferred Tax Liability of $354.1 million for Q2 2026, down 24.5% year-on-year from $469.0 million in Q2 2025, and down 5.07% on a QoQ basis from $373.0 million in Q1 2026.
Vesta Real Estate Corporation, S.A.B. de C.V (VTMX) Non-Current Deferred Tax Liability (2021 - 2026) Analysis & Trends
Vesta Real Estate Corporation, S.A.B. de C.V (VTMX) has reported Non-Current Deferred Tax Liability for 6 consecutive years, with $354.1 million the latest figure, recorded in Q2 2026.
- Quarterly Non-Current Deferred Tax Liability fell 24.5% year-over-year to $354.1 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $354.1 million (down 24.5% YoY) and the FY2025 annual result came in at $381.3 million, down 13.9% from the prior year.
- Non-Current Deferred Tax Liability slipped to $354.1 million in Q2 2026 per VTMX's latest filing, from $373.0 million in the prior quarter.
- Over the last five years, Non-Current Deferred Tax Liability for VTMX reached as high as $490.6 million in Q3 2025 and fell as low as $260.9 million in Q2 2023.
- A 5-year average of $356.7 million and a median of $332.0 million in 2023 frame the typical range for Non-Current Deferred Tax Liability.
- Annual changes were most pronounced in 2025 — Non-Current Deferred Tax Liability soared 68.8% — and 2026, when it retreated 24.5%.
- Year by year, Non-Current Deferred Tax Liability stood at $300.0 million in 2022, then decreased by 7.69% to $276.9 million in 2023, then jumped by 59.92% to $442.8 million in 2024, then slipped by 13.9% to $381.3 million in 2025, then fell by 7.13% to $354.1 million in 2026.
- According to Business Quant data, Non-Current Deferred Tax Liability over the past three periods registered $354.1 million, $373.0 million, and $381.3 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Vesta Real Estate Corporation, S.A.B. de C.V | 29.71 Bn | 29.71 Bn | - |
| 2 | Howard Hughes Holdings | 3.89 Bn | 3.89 Bn | 182.88 Mn |
| 3 | Century Communities | 2.08 Bn | 1.98 Bn | 190.18 Mn |
| 4 | Forestar | 1.51 Bn | 1.12 Bn | 84.10 Mn |
| 5 | Five Point Holdings | 413.20 Mn | 63.83 Mn | -23.72 Mn |
| 6 | Belpointe PREP | 178.93 Mn | 178.93 Mn | - |
| 7 | Smith Douglas Homes | 139.55 Mn | 111.56 Mn | 40.45 Mn |
| 8 | Amrep | 122.61 Mn | 69.92 Mn | 4.41 Mn |
| 9 | Logistic Properties of the Americas | 94.85 Mn | 94.85 Mn | - |
| 10 | Kaanapali Land | 55.35 Mn | 18.66 Mn | 10.32 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 354.10 Mn |
| Jun 30, 2026 | 354.10 Mn |
| Mar 31, 2026 | 373.00 Mn |
| Mar 31, 2026 | 373.00 Mn |
| Dec 31, 2025 | 381.30 Mn |
| Dec 31, 2025 | 381.30 Mn |
| Sep 30, 2025 | 490.60 Mn |
| Sep 30, 2025 | 490.60 Mn |
| Jun 30, 2025 | 469.00 Mn |
| Jun 30, 2025 | 469.00 Mn |
| Mar 31, 2025 | 447.70 Mn |
| Mar 31, 2025 | 447.70 Mn |
| Dec 31, 2024 | 442.84 Mn |
| Dec 31, 2024 | 442.84 Mn |
| Sep 30, 2024 | 290.64 Mn |
| Sep 30, 2024 | 290.64 Mn |
| Jun 30, 2024 | 300.52 Mn |
| Jun 30, 2024 | 300.52 Mn |
| Mar 31, 2024 | 296.15 Mn |
| Mar 31, 2024 | 296.15 Mn |