Veris Residential Inc. (VRE)

NYSE: VRE · Real-Time Price · USD

15.96

0.44 (2.84%)

At close: May 01, 2025, 3:59 PM

16.32

2.22%

After-hours: May 01, 2025, 06:48 PM EDT

Veris Residential Income Statement

Financials in USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Revenue	271.07M	279.86M	355.02M	329.32M	313.56M	350.94M	530.61M	616.2M	613.4M
Cost of Revenue	111.06M	122.84M	161.33M	147.37M	141.41M	147.44M	224.15M	254.74M	267.22M
Gross Profit	160.01M	157.01M	193.69M	181.95M	172.15M	203.5M	306.45M	361.46M	346.18M
Operating Income	38.18M	3.15M	27.93M	9.4M	-23.62M	26.57M	53.05M	105.35M	104.64M
Interest Income	2.37M	5.51M	729K	524K	43K	2.41M	3.39M	2.77M	1.61M
Pretax Income	-30.7M	-156.7M	-34.14M	-149.02M	-115.52M	252.55M	106.4M	33.72M	130.29M
Net Income	-23.12M	-107.27M	-112.18M	-195.45M	-132.24M	8.82M	84.11M	23.18M	117.22M
Selling & General & Admin	39.06M	44.47M	56.17M	57.2M	73.64M	59.8M	53.99M	50.95M	51.98M
Research & Development	n/a	n/a	-0.17	-0.47	-0.37	0.55	0.26	0.05	0.21
Other Expenses	82.77M	n/a	111.52M	111.62M	122.03M	132.02M	174.85M	205.17M	186.68M
Operating Expenses	121.83M	157.01M	167.69M	168.82M	195.68M	191.81M	228.84M	256.12M	238.66M
Interest Expense	87.98M	139.14M	78.04M	65.19M	80.99M	90.57M	83.75M	93.39M	94.89M
Selling & Marketing Expenses	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Cost & Expenses	232.89M	268.53M	329.02M	316.19M	337.09M	339.25M	452.99M	510.85M	505.88M
Income Tax Expense	276K	492K	78.04M	46.43M	16.71M	243.73M	137.1M	97.84M	142.09M
Shares Outstanding (Basic)	92.69M	91.88M	91.05M	90.84M	90.65M	90.56M	100.72M	90M	89.75M
Shares Outstanding (Diluted)	101.38M	100.81M	91.05M	90.84M	90.65M	100.69M	100.72M	100.7M	100.5M
EPS (Basic)	-0.25	-1.22	-1.23	-2.15	-1.46	0.10	0.84	0.06	1.31
EPS (Diluted)	-0.25	-1.11	-1.23	-2.15	-1.46	0.09	0.84	0.06	1.30
EBITDA	140.05M	76.03M	139.44M	121.02M	94.72M	384.57M	376.46M	307.2M	329.95M
EBIT	57.28M	-17.56M	26.85M	-109.76M	-34.51M	343.42M	160.42M	95.36M	225.18M
Depreciation & Amortization	82.77M	93.54M	256.3M	325.46M	337.09M	383.56M	308.28M	510.89M	492.78M