Veris Residential, Inc. is a forward-thinking, environmentally- and socially-conscious real estate investment trust (REIT) that primarily owns, operates, acquires, and develops holistically-inspired, Class A multifamily properties that meet the sustainability-conscious lifestyle needs of today's residents while seeking to positively impact the communities it serves and the planet at large. The company is guided by an experienced management team and Board of Directors and is underpinned by leading corporate governance principles, a best-in-class and sustainable approach to operations, and an inclusive culture based on equality and meritocratic empowerment. For additional information on Veris Residential, Inc. and our properties available for lease, please visit http://www.verisresidential.com/.
Revenue of Veris Residential, Inc. (VRE)
Revenue in 2023 (TTM): $279.86 M
According to Veris Residential, Inc.'s latest financial reports the company's current revenue (TTM) is $279.86 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Veris Residential, Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $279.86 M | $157.01 M | $124.03 M | $-156,701,000 | $-107,265,000 |
| 2022 | $355.02 M | $193.69 M | $139.45 M | $-34,137,000 | $-112,177,000 |
| 2021 | $329.32 M | $181.95 M | $121.02 M | $-149,021,000 | $-195,452,000 |
| 2020 | $313.56 M | $172.15 M | $94.72 M | $-115,523,000 | $-132,236,000 |
| 2019 | $350.94 M | $203.5 M | $158.58 M | $252.55 M | $8.82 M |
| 2018 | $530.61 M | $306.45 M | $269.94 M | $106.4 M | $84.11 M |
| 2017 | $616.2 M | $361.47 M | $307.2 M | $33.72 M | $23.19 M |
| 2016 | $613.4 M | $346.18 M | $329.95 M | $130.29 M | $117.22 M |
| 2015 | $594.88 M | $322.7 M | $271.17 M | $-142,052,000 | $-125,752,000 |
| 2014 | $636.8 M | $334.47 M | $263.85 M | $31.39 M | $28.57 M |
| 2013 | $667.03 M | $374.9 M | $336.55 M | $-89,686,000 | $-14,909,000 |
| 2012 | $704.74 M | $424.61 M | $384.02 M | $46.28 M | $40.92 M |
| 2011 | $724.28 M | $521.9 M | $398.89 M | $81.39 M | $71.42 M |
| 2010 | $787.48 M | $445.16 M | $423.43 M | $63.44 M | $54.9 M |
| 2009 | $764.53 M | $467.21 M | $422.41 M | $63.73 M | $54.57 M |
| 2008 | $777.97 M | $460.48 M | $406.29 M | $53.73 M | $53.73 M |
| 2007 | $808.35 M | $610.51 M | $527.37 M | $110.47 M | $110.47 M |
| 2006 | $740.31 M | $544.08 M | $360.78 M | $144.67 M | $144.67 M |
| 2005 | $643.41 M | $472.17 M | $379.51 M | $95.49 M | $95.49 M |
| 2004 | $588.99 M | $471.54 M | $367.89 M | $102.45 M | $102.45 M |
| 2003 | $586.25 M | $446.57 M | $370.95 M | $143.05 M | $143.05 M |
| 2002 | $569.61 M | $230.76 M | $371.67 M | $139.72 M | $139.72 M |
| 2001 | $584.35 M | $584.35 M | $393.04 M | $277.84 M | $131.66 M |
| 2000 | $576.15 M | $576.15 M | $343.59 M | $ | $185.34 M |
| 1999 | $551.48 M | $551.48 M | $371.85 M | $239.19 M | $119.74 M |
| 1998 | $493.7 M | $493.7 M | $318.42 M | $ | $116.58 M |
| 1997 | $249.8 M | $249.8 M | $112.27 M | $ | $1.41 M |
| 1996 | $95.47 M | $95.47 M | $60.01 M | $ | $31.94 M |
| 1995 | $62.3 M | $62.3 M | $107.2 M | $ | $13.6 M |
| 1994 | $16.9 M | $16.9 M | $29.5 M | $ | $3.9 M |