Veris Residential, Inc.

VRE · NYSE
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12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue$271,074$260,295$213,355$194,645
% Growth4.1%22%9.6%
Cost of Goods Sold$111,061$107,344$98,762$95,443
Gross Profit$160,013$152,951$114,593$99,202
% Margin59%58.8%53.7%51%
R&D Expenses$0$0$0$0
G&A Expenses$39,059$44,443$55,919$56,977
SG&A Expenses$39,059$44,443$55,919$56,977
Sales & Mktg Exp.$0$0$0$0
Other Operating Expenses$82,774$86,235$77,903$68,506
Operating Expenses$121,833$130,678$133,822$125,483
Operating Income$38,180$22,273-$19,229-$26,281
% Margin14.1%8.6%-9%-13.5%
Other Income/Exp. Net-$68,877-$143,138-$20,155-$130,984
Pre-Tax Income-$30,697-$120,865-$39,384-$157,265
Tax Expense$276$492$0$0
Net Income-$23,120-$107,265-$52,066-$119,042
% Margin-8.5%-41.2%-24.4%-61.2%
EPS-0.25-1.22-0.63-1.39
% Growth79.5%-93.7%54.7%
EPS Diluted-0.25-1.11-0.63-1.39
Weighted Avg Shares Out92,69591,88391,04690,839
Weighted Avg Shares Out Dil101,381100,81291,04690,839
Supplemental Information
Interest Income$2,366$5,515$729$524
Interest Expense$87,976$139,137$66,381$47,505
Depreciation & Amortization$82,774$86,235$77,903$68,525
EBITDA$140,053$104,507$104,900-$41,235
% Margin51.7%40.1%49.2%-21.2%
Veris Residential, Inc. (VRE) Financial Statements & Key Stats | AlphaPilot