VRE (Veris Residential) Other Operating Expense: $86.2 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

VRE Veris Residential Inc VRE
41 GF Score
Price $18.99
GF Value $16.95
! 9 Warning Signs
View Full Analysis

What is Veris Residential Other Operating Expense?

Veris Residential VRE 41 Other Operating Expense is $86.2 Mil as of Mar. 2026. GuruFocus rates VRE with a GF Score™ of 41/100 and a GF Value™ of $16.95. The stock has 9 warning signs investors should review.

Veris Residential's Other Operating Expense for the three months ended in Mar. 2026 was $21.2 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was $86.2 Mil.

Veris Residential's quarterly Other Operating Expense increased from Sep. 2025 ($21.1 Mil) to Dec. 2025 ($21.5 Mil) but then declined from Dec. 2025 ($21.5 Mil) to Mar. 2026 ($21.2 Mil).

Veris Residential's annual Other Operating Expense declined from Dec. 2023 ($86.2 Mil) to Dec. 2024 ($82.8 Mil) but then increased from Dec. 2024 ($82.8 Mil) to Dec. 2025 ($86.3 Mil).


Veris Residential Other Operating Expense Historical Data

* Premium members only.

The historical data trend for Veris Residential's Other Operating Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Veris Residential Other Operating Expense Chart

Veris Residential Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Other Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 68.51 77.90 86.24 82.77 86.26

Veris Residential Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Other Operating Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.25 22.47 21.07 21.47 21.23
VRE
41GF Score
Veris Residential Inc VRE
Other Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Veris Residential Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $86.2 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Other Operating Expense of $86.2 Mil mean?
Veris Residential (VRE) has a Other Operating Expense of $86.2 Mil as of Mar. 2026. Other operating expenses that a company records on its income statement. View historical data on Veris Residential and its competitors.
Is Veris Residential's Other Operating Expense too high?
Veris Residential's current Other Operating Expense is $86.2 Mil. Overall, Veris Residential has a GF Score™ of 41/100, reflecting its overall financial health beyond just this single metric.
How does Veris Residential's Other Operating Expense compare to UMH and CSR?
Veris Residential's Other Operating Expense of $86.2 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Other Operating Expense for a REITs company?
A good Other Operating Expense depends on the REITs industry context. However, Other Operating Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Other Operating Expense mean?
A high Other Operating Expense can signal that a stock is expensive relative to its fundamentals. Other operating expenses that a company records on its income statement. View historical data on Veris Residential and its competitors. Veris Residential's current Other Operating Expense is $86.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Veris Residential stock overvalued right now?
Veris Residential (VRE) has a current Other Operating Expense of $86.2 Mil. The stock's GF Value™ is $16.95, compared to a current price of $18.99 — trading 12% above its estimated fair value. The current Other Operating Expense is $86.2 Mil. Veris Residential's overall GF Score™ is 41/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Other Operating Expense calculated?
Other Operating Expense is calculated from a company's financial statements. For Veris Residential (VRE), the current Other Operating Expense is $86.2 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Veris Residential (VRE) Overvalued in 2026?

Based on GuruFocus' analysis, Veris Residential stock appears to be overvalued. The current stock price of $18.99 is trading 12% above its estimated GF Value™ of $16.95.

Key valuation signals for VRE:

  • Other Operating Expense: $86.2 Mil
  • GF Value™: $16.95 vs. price of $18.99 (12% above fair value)
  • GF Score™: 41/100 with 9 warning signs

No single metric tells the full story. See the VRE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Veris Residential Business Description

Industry Real EstateREITs
Address Harborside 3, 210 Hudson Street, Suite 400, Jersey City, NJ, USA, 07311
Veris Residential Inc is a fully-integrated, self-administered and self-managed real estate investment trust (REIT). The company owns and operates a real estate portfolio comprised predominantly of multifamily rental properties located mainly in the Northeast and Class A office properties. The company performs substantially all real estate management, leasing, acquisition and development on an in-house basis. The properties are in three states in the Northeast, plus the District of Columbia. The company operates in two industry segments multifamily real estate & services and commercial & other real estate. The majority of revenue is from Multifamily real estate services.
41GF Score

Get the complete analysis for VRE

Other Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$18.99
Price
$16.95
GF Value