VRE
Veris Residential Inc.
$15.68
+$0.02(+0.13%)
61
Overall
80
Value
40
Tech
63
Quality
Market Cap
$1.46B
Volume
1.50M
52W Range
$13.69 - $18.85
Target Price
$18.40
Order:
Income Statement
| Metric | Trend | Chart | 2015 Dec | 2016 Dec | 2017 Dec | 2018 Dec | 2019 Dec | 2020 Dec | 2021 Dec | 2022 Dec | 2023 Dec | 2024 Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| REVENUE | ||||||||||||
| Total Revenue | $583.8M | $599.8M | $616.2M | $683.5M | $659.6M | $313.6M | $323.4M | $233.4M | $260.3M | $271.1M | ||
| Total Revenue | $583.8M | $613.4M | $616.2M | $365.7M | $357.2M | $313.6M | $194.6M | $233.4M | $260.3M | $271.1M | ||
| COST OF GOODS SOLD | ||||||||||||
| Cost of Revenue | $83.1M | $-49.6M | $-42.6M | $-23.8M | $17.9M | $141.4M | $95.4M | $111.4M | $7.7M | $8.2M | ||
| GROSS PROFIT | ||||||||||||
| Gross Profit | $500.7M | $521.0M | $550.2M | $617.2M | $339.3M | $172.2M | $99.2M | $122.1M | $153.0M | $262.9M | ||
| OPERATING EXPENSES | ||||||||||||
| Operating Expenses | $-108.0M | $-104.0M | $-107.4M | $-70.8M | $70.4M | $68.3M | $71.2M | $52.8M | $50.8M | $48.2M | ||
| Selling, General & Administrative | $49.1M | $52.0M | $50.9M | $53.9M | $59.8M | $71.1M | $57.2M | $56.0M | $44.4M | $39.1M | ||
| General & Administrative Expenses | $49.1M | $52.0M | $50.9M | $53.9M | $59.8M | $71.1M | $57.2M | $56.0M | $44.4M | $39.1M | ||
| Salaries & Wages | $108.0M | $104.0M | $107.4M | $70.1M | -- | $771.0K | $844.0K | $1.2M | -- | -- | ||
| Depreciation & Amortization | $170.4M | $186.7M | $205.2M | $112.2M | $133.6M | $122.0M | $110.0M | $85.4M | $86.2M | $82.8M | ||
| Depreciation & Amortization | $170.4M | $186.7M | $205.2M | $112.2M | $133.6M | $122.0M | $110.0M | $85.4M | $86.2M | $82.8M | ||
| Amortization | $-3.8M | $-4.6M | $-4.6M | $-5.0M | $7.6M | $7.5M | $7.5M | $4.8M | $4.4M | $6.1M | ||
| Other Operating Expenses | -- | -- | -- | -- | $70.4M | $68.3M | $71.2M | $52.8M | $50.8M | $48.2M | ||
| OPERATING INCOME | ||||||||||||
| Operating income | $90.5M | $91.0M | $105.3M | $336.6M | $381.5M | $62.2M | $85.3M | $14.6M | $36.5M | $55.4M | ||
| EBITDA | $208.9M | $712.9M | $654.0M | $744.4M | $1.1B | $87.5M | $-41.2M | $112.3M | $59.1M | $150.6M | ||
| NON-OPERATING ITEMS | ||||||||||||
| Interest Expense (Non-Operating) | $103.1M | $94.9M | $93.4M | $77.3M | $90.6M | $81.0M | $47.5M | $66.4M | $89.4M | $88.0M | ||
| Intinc | -- | -- | -- | $3.2M | -- | -- | -- | -- | -- | -- | ||
| Net Non-Operating Interest Income/Expense | $-103.1M | $-94.9M | $-93.4M | $-59.9M | $-90.6M | $-81.0M | $-65.2M | $-66.4M | $-89.4M | $-88.0M | ||
| Gain on Sale of Securities | $6.4M | $5.7M | $23.1M | -- | $2.6M | $35.2M | $-47.1M | $-129.0K | -- | -- | ||
| Other Income/Expense | $-67.7M | $-147.8M | $-19.4M | $-99.3M | $-344.3M | $-309.5M | $50.2M | $-1.1M | $-367.0K | $-9.4M | ||
| Other Special Charges | $11.1M | $13.6M | $-421.0K | $-10.8M | $1.6M | $272.7M | $-47.1M | $-129.0K | $-2.7M | $-1.5M | ||
| SPECIAL ITEMS | ||||||||||||
| Restructring And Mn A Income | $-78.0M | $-35.9M | $-36.1M | $-11.8M | -- | -- | -- | -- | -- | -- | ||
| Special Income Charges | $-197.9M | $35.9M | $36.1M | $30.9M | -- | -- | $-2.9M | -- | -- | -- | ||
| Impairment of Capital Assets | $197.9M | -- | -- | $-24.6M | -- | -- | $2.9M | -- | -- | -- | ||
| PRE-TAX INCOME | ||||||||||||
| EBIT | $-154.9M | $116.3M | $21.2M | $386.6M | $725.8M | $-34.5M | $-109.8M | $26.8M | $-31.5M | $57.3M | ||
| Pre-Tax Income | $-142.8M | $143.9M | $31.4M | $407.0M | $635.2M | $290.7M | $-30.1M | $-39.5M | $-120.9M | $-30.7M | ||
| INCOME TAX | ||||||||||||
| Tax Provision | -- | $30.5M | $421.0K | $8.9M | -- | -- | -- | -- | $492.0K | $276.0K | ||
| NET INCOME | ||||||||||||
| Net Income | $-125.8M | $117.2M | $23.2M | $401.9M | $125.1M | $-51.4M | $-119.0M | $-57.3M | $-107.3M | $-23.1M | ||
| Net Income (Continuing Operations) | $-125.8M | $117.2M | $23.2M | $401.9M | $125.1M | $-51.4M | $-119.0M | $-57.3M | $-121.4M | $-31.0M | ||
| Net Income (Discontinued Operations) | $-125.8M | $117.2M | $23.2M | $401.9M | $125.1M | $-51.4M | $-119.0M | $-57.3M | $-107.3M | $-23.1M | ||
| Net Income (Common Stockholders) | $-125.8M | $117.2M | $23.2M | $401.9M | $494.3M | $-51.4M | $-119.0M | $-57.3M | $-107.3M | $-23.1M | ||
| Normalized Income | -- | -- | -- | -- | -- | -- | $-23.9M | $-31.2M | -- | -- | ||
| TOTALS | ||||||||||||
| Total Expenses | $-24.8M | $-153.6M | $-150.0M | $-94.6M | $88.3M | $82.0M | $86.0M | $61.7M | $58.5M | $56.4M | ||
| SHARE & EPS DATA | ||||||||||||
| Average Shares Outstanding | $189.5M | $190.0M | $190.4M | $191.0M | $191.1M | $190.9M | $190.7M | $191.3M | $91.9M | $92.7M | ||
| Average Shares Outstanding (Diluted) | $200.4M | $201.0M | $201.4M | $201.4M | $201.4M | $200.5M | $199.8M | $200.5M | $100.8M | $101.4M | ||
| Shares Outstanding | $89.6M | $89.8M | $90.1M | $90.3M | $90.6M | $90.7M | $90.9M | $91.2M | $92.2M | $93.0M | ||
| Basic EPS | $-1.41 | $1.31 | $0.06 | $0.80 | $0.95 | $-0.70 | $-1.39 | $-0.63 | $-1.22 | $-0.25 | ||
| Basic EPS (Continuing Operations) | $-1.41 | -- | -- | $0.54 | $2.03 | $-1.51 | $-1.79 | $-0.62 | $-1.66 | $-0.29 | ||
| Diluted EPS | $-1.41 | $1.3 | $0.06 | $0.80 | $0.95 | $-0.70 | $-1.39 | $-0.63 | $-1.22 | $-0.25 | ||
| Diluted EPS (Continuing Operations) | $-1.41 | -- | -- | $0.54 | $2.03 | $-1.51 | $-1.79 | $-0.62 | $-1.66 | $-0.29 | ||
| Dividend Per Share | $0.60 | $0.60 | $0.75 | $0.80 | $0.80 | $0.40 | -- | -- | -- | $0.24 | ||
| OTHER METRICS | ||||||||||||
| Acquired In Process Rn D | -- | -- | -- | $30.9M | -- | -- | -- | -- | -- | -- | ||
| Basic Discontinuous Operations | -- | -- | -- | $0.26 | $-1.08 | $0.81 | $0.40 | $-0.01 | $0.44 | $0.04 | ||
| Diluted Discontinuous Operations | -- | -- | -- | $0.26 | $-1.08 | $0.81 | $0.40 | $-0.01 | $0.44 | $0.04 | ||
| Earnings from equity interest | $-3.2M | $18.8M | $-6.1M | $-127.0K | $-1.3M | $31.4M | $-6.1M | $1.2M | $3.1M | $10.9M | ||
| Earnings From Equity Interest Net Of Tax | $-3.2M | $18.8M | $-6.1M | $-127.0K | $-1.3M | $31.4M | $-6.1M | $1.2M | $3.1M | $10.9M | ||
| Gain On Sale Of P P E | $53.3M | $109.7M | $2.4M | $99.4M | $343.1M | $5.5M | $3.0M | $66.1M | -- | -- | ||
| Gains Loss On Disposal Of Discontinued Operations | $53.3M | $117.3M | -- | $26.1M | $-133.3M | $11.2M | $25.6M | $69.4M | $41.7M | $3.4M | ||
| Interest Expense Operating | $-115.1M | $-122.4M | $-103.6M | $-97.7M | -- | -- | -- | -- | -- | -- | ||
| Loss And Loss Adjustment Expected Incurred | -- | -- | -- | -- | -- | -- | $-200.0K | -- | -- | -- | ||
| Minority Interests | $16.3M | $-13.1M | $-10.5M | $-19.6M | $-42.4M | $-17.8M | $-9.5M | $-17.2M | $5.9M | $3.9M | ||
| Net Income Discontinuous Operations | $53.3M | $117.3M | -- | $26.1M | $-109.0M | $81.9M | $42.5M | $4.6M | $9.0M | $4.3M | ||
| Net Income From Other Gains Losses | $794.0K | $17.0M | $2.8M | $-2.7M | $10.5M | $-7.9M | $-3.9M | $-378.0K | -- | -- | ||
| Other Gain Loss From Disposition Of Discontinued Operations | -- | -- | -- | -- | $24.4M | $70.7M | $16.9M | $-64.7M | $-32.7M | $862.0K | ||
| Other Gand A | $49.1M | $52.0M | $50.9M | $53.9M | $59.8M | $71.1M | $57.2M | $56.0M | $44.4M | $39.1M | ||
| Other Impairment Of Capital Assets | -- | -- | -- | -- | -- | $36.6M | -- | -- | -- | -- | ||
| Other Taxes | $82.7M | $87.4M | $81.4M | $44.4M | $44.8M | $45.8M | $47.1M | $39.1M | $34.7M | $37.4M | ||
| Provision For Gain Loss On Disposal | -- | -- | -- | -- | -- | -- | $-200.0K | -- | -- | -- | ||
| Rent And Landing Fees | $49.1M | $52.0M | $50.9M | $53.9M | -- | -- | -- | -- | -- | -- | ||
| Restruct | $-78.0M | $-35.9M | $-36.1M | $-11.8M | -- | -- | -- | -- | -- | -- | ||
Financial data is updated quarterly and may not reflect the most recent earnings.
| A | B | C | D | |
|---|---|---|---|---|
| 1 | Symbol | Price | Change | Vol |
| 2 | VRE | $15.68 | +0.1% | 1.50M |
| 3 | ||||
| 4 | ||||
| 5 | ||||
| 6 |