Veris Residential's revenue for the
three
months ended in Dec. 2024 was $68.1 Mil.
Its revenue for the trailing twelve months (TTM) ended in Dec. 2024 was $271.1 Mil.
Veris Residential's Revenue per Share for the
three
months ended in Dec. 2024 was $0.67.
Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2024 was $2.67.
Warning Sign:
Veris Residential Inc revenue per share has been in decline for the last 5 years.
During the past 12 months, the average Revenue per Share Growth Rate of Veris Residential was 3.60% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 11.10% per year.
During the past 5 years, the average Revenue per Share Growth Rate was -5.30% per year.
During the past 10 years, the average Revenue per Share Growth Rate was -10.90% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.
During the past 13 years, Veris Residential's highest 3-Year average Revenue per Share Growth Rate was 50.90% per year. The lowest was -19.20% per year. And the median was -3.00% per year.
Veris Residential Revenue Historical Data
The historical data trend for Veris Residential's Revenue 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.
Competitive Comparison of Veris Residential's Revenue
For the REIT - Residential subindustry, Veris Residential's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Veris Residential's Revenue Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Veris Residential's Revenue distribution charts can be found below:
* The bar in red indicates where Veris Residential's Revenue falls into.
Veris Residential Revenue Calculation
Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.
Revenue for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $271.1 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.
Veris Residential (NYSE:VRE) Revenue Explanation
In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.
Peter Lynch categorized companies according to their revenue growth:
His favorite companies are stalwart, those growing between 10-20% a year.
Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.
Be Aware
Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.
Veris Residential Revenue Related Terms
Thank you for viewing the detailed overview of Veris Residential's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
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.
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