Vesta Real Estate Corporation, S.A.B. de C.V (VTMX) Return on Invested Capital [ROIC] (2023 - 2026)
Vesta Real Estate Corporation, S.A.B. de C.V (VTMX) recorded Return on Invested Capital [ROIC] of 5.60% in the quarter ended Jun 30, 2026, down 1.54 percentage points from 7.13% a year earlier and down 0.51 percentage points from the prior quarter.
Vesta Real Estate Corporation, S.A.B. de C.V (VTMX) Return on Invested Capital [ROIC] (2023 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Vesta Real Estate Corporation, S.A.B. de C.V reported Return on Invested Capital [ROIC] of 6.71%, down 0.05 percentage points from the prior year.
- Annual Return on Invested Capital [ROIC] has a three-year change of -0.09 percentage points (years ended Dec 2022 to Dec 2025).
- Across earlier years, Return on Invested Capital [ROIC] came in at 6.76% in the year ended Dec 31, 2024 (+0.03 pp), 6.74% in the year ended Dec 31, 2023 (-0.07 pp) and 6.81% in the year ended Dec 31, 2022.
- The figure for the quarter ended Jun 30, 2026 is the lowest quarterly Return on Invested Capital [ROIC] in data going back to the quarter ended Sep 30, 2023.
- On a year-over-year basis, Return on Invested Capital [ROIC] has declined for three consecutive quarters, with an average year-over-year change of -0.06 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Invested Capital [ROIC] in the last five years was a gain of 0.89 percentage points in the quarter ended Jun 30, 2025, against a drop of 1.54 percentage points in the quarter ended Jun 30, 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 6.10% (quarter ended Mar 31, 2026), 6.23% (quarter ended Dec 31, 2025) and 6.68% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 23.47 Bn | 22.30 Bn | - | 32.97% |
| 2 | LandBridge | 6.46 Bn | 6.80 Bn | 65.71 Mn | 9.06% |
| 3 | Eason Technology | 6.34 Bn | 6.34 Bn | - | - |
| 4 | Millrose Properties | 3.80 Bn | 3.80 Bn | - | - |
| 5 | St Joe | 3.73 Bn | 3.23 Bn | 73.42 Mn | - |
| 6 | Vesta Real Estate Corporation, S.A.B. de C.V | 2.87 Bn | 2.87 Bn | - | 5.60% |
| 7 | Opendoor Technologies | 2.36 Bn | -1.46 Bn | 86.00 Mn | -21.30% |
| 8 | Forestar | 1.31 Bn | -33.33 Mn | 84.10 Mn | - |
| 9 | Five Point Holdings | 674.47 Mn | 703.24 Mn | -23.72 Mn | - |
| 10 | Tejon Ranch | 442.61 Mn | 377.59 Mn | - | 0.00% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.60% |
| Mar 31, 2026 | 6.10% |
| Dec 31, 2025 | 6.23% |
| Sep 30, 2025 | 6.68% |
| Jun 30, 2025 | 7.13% |
| Mar 31, 2025 | 7.01% |
| Dec 31, 2024 | 6.64% |
| Sep 30, 2024 | 6.34% |
| Jun 30, 2024 | 6.24% |
| Mar 31, 2024 | 6.12% |
| Dec 31, 2023 | 6.13% |
| Sep 30, 2023 | 6.60% |
Vesta Real Estate Corporation, S.A.B. de C.V Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=VTMX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=VTMX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();