Vesta Real Estate Corporation, S.A.B. de C.V (VTMX) Real Estate, Net (2021 - 2026)
Vesta Real Estate Corporation, S.A.B. de C.V's Real Estate, Net came in at $4.48 billion for Q3 2026, up 14.5% from $3.92 billion a year earlier and up 3.1% from the prior quarter.
Vesta Real Estate Corporation, S.A.B. de C.V (VTMX) Real Estate, Net (2021 - 2026) Analysis & Trends
At the end of FY2025, Vesta Real Estate Corporation, S.A.B. de C.V's Real Estate, Net was $4.13 billion, up 11.7% from FY2024.
- Real Estate, Net has increased in each of the last four years, with a four-year compound annual growth rate of 16.2% (FY2021 to FY2025).
- Going back by year, Real Estate, Net was $3.7 billion in FY2024 (+15.1%), $3.21 billion in FY2023 (+17.3%), $2.74 billion in FY2022 (+21.0%) and $2.26 billion in FY2021.
- The Q3 2026 figure represents the highest quarterly Real Estate, Net in data going back to Q4 2021.
- Year-over-year, Real Estate, Net has increased for ten consecutive quarters, with growth averaging 12.1% over the last eight quarters.
- Over the past five years, the year-over-year growth in Real Estate, Net ranged from 9.1% (Q3 2025) to 21.0% (Q4 2022).
- Business Quant data shows VTMX's Real Estate, Net at $4.35 billion (Q2 2026), $4.23 billion (Q1 2026) and $4.13 billion (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Texas Pacific Land | 19.00 Bn | 17.99 Bn | - |
| 2 | Howard Hughes Holdings | 5.08 Bn | -3.80 Bn | 435.75 Mn |
| 3 | Millrose Properties | 4.44 Bn | 4.26 Bn | - |
| 4 | St Joe | 4.25 Bn | 3.75 Bn | 80.65 Mn |
| 5 | Vesta Real Estate Corporation, S.A.B. de C.V | 3.25 Bn | 2.07 Bn | - |
| 6 | LandBridge | 1.84 Bn | 1.71 Bn | 65.71 Mn |
| 7 | Opendoor Technologies | 1.29 Bn | -2.48 Bn | 38.00 Mn |
| 8 | Forestar | 1.24 Bn | -107.79 Mn | 84.10 Mn |
| 9 | Tejon Ranch | 474.28 Mn | 406.15 Mn | - |
| 10 | Frp Holdings | 376.42 Mn | -72.63 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 4.48 Bn |
| Jun 30, 2026 | 4.35 Bn |
| Mar 31, 2026 | 4.23 Bn |
| Dec 31, 2025 | 4.13 Bn |
| Sep 30, 2025 | 3.92 Bn |
| Jun 30, 2025 | 3.86 Bn |
| Mar 31, 2025 | 3.75 Bn |
| Dec 31, 2024 | 3.70 Bn |
| Sep 30, 2024 | 3.59 Bn |
| Jun 30, 2024 | 3.52 Bn |
| Mar 31, 2024 | 3.35 Bn |
| Dec 31, 2023 | 3.21 Bn |
| Sep 30, 2023 | 3.11 Bn |
| Jun 30, 2023 | 2.92 Bn |
| Dec 31, 2022 | 2.74 Bn |
| Dec 31, 2021 | 2.26 Bn |
Vesta Real Estate Corporation, S.A.B. de C.V Real Estate, Net 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=real-estate-net&ticker=VTMX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "real-estate-net", "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=real-estate-net&ticker=VTMX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();