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 5.21% in Q3 2026, down 1.63 percentage points from 6.84% a year earlier and down 0.50 percentage points from the prior quarter.
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Analysis
Vesta Real Estate Corporation, S.A.B. de C.V (VTMX) Return on Invested Capital [ROIC] (2023 - 2026) Analysis & Trends
For FY2025, Vesta Real Estate Corporation, S.A.B. de C.V reported Return on Invested Capital [ROIC] of 6.93%, up 3.39 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] has a three-year change of +1.27 percentage points (FY2022 to FY2025).
- Across earlier years, Return on Invested Capital [ROIC] came in at 3.54% in FY2024 (-2.04 pp), 5.57% in FY2023 (-0.09 pp) and 5.66% in FY2022.
- The Q3 2026 figure is the lowest quarterly Return on Invested Capital [ROIC] in data going back to Q3 2023.
- On a year-over-year basis, Return on Invested Capital [ROIC] has declined for four consecutive quarters, with an average year-over-year change of -0.29 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 0.83 percentage points in Q1 2025, against a drop of 1.63 percentage points in Q3 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 5.71% (Q2 2026), 6.23% (Q1 2026) and 5.58% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 20.13 Bn | 19.12 Bn | 106.12 Mn | 33.44% |
| 2 | LandBridge | 5.63 Bn | 5.99 Bn | 69.80 Mn | 9.26% |
| 3 | Howard Hughes Holdings | 4.96 Bn | -3.82 Bn | 435.75 Mn | 3.74% |
| 4 | Millrose Properties | 3.99 Bn | 3.81 Bn | - | 7.53% |
| 5 | St Joe | 3.98 Bn | 3.49 Bn | 80.65 Mn | 11.38% |
| 6 | Vesta Real Estate Corporation, S.A.B. de C.V | 3.31 Bn | 2.12 Bn | - | 5.18% |
| 7 | EagleRock Land | 2.77 Bn | 4.07 Bn | 39.50 Mn | -1.22% |
| 8 | Forestar | 1.14 Bn | 1.14 Bn | - | - |
| 9 | Opendoor Technologies | 1.11 Bn | -2.66 Bn | 38.00 Mn | -21.75% |
| 10 | Five Point Holdings | 664.60 Mn | 682.31 Mn | 7.10 Mn | -4.02% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 5.18% |
| Jun 30, 2026 | 5.68% |
| Mar 31, 2026 | 6.18% |
| Dec 31, 2025 | 5.57% |
| Sep 30, 2025 | 6.81% |
| Jun 30, 2025 | 7.11% |
| Mar 31, 2025 | 6.99% |
| Dec 31, 2024 | 6.64% |
| Sep 30, 2024 | 6.41% |
| Jun 30, 2024 | 6.37% |
| Mar 31, 2024 | 6.18% |
| Dec 31, 2023 | 6.13% |
| Sep 30, 2023 | 6.61% |
API Access
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();