Veris Residential, Inc.

NYSE VRE

Veris Residential, Inc. EBIT Margin for the Trailing 12 Months (TTM) ending September 30, 2024: 12.34%

Veris Residential, Inc. EBIT Margin is 12.34% for the Trailing 12 Months (TTM) ending September 30, 2024, a 219.01% change year over year. EBIT ratio is the ratio of EBIT to revenue, measuring a company's operating profitability without considering non-operating income or expenses.

Veris Residential, Inc. EBIT Margin for the Trailing 12 Months (TTM) ending September 30, 2023 was 3.87%, a -54.06% change year over year.
Veris Residential, Inc. EBIT Margin for the Trailing 12 Months (TTM) ending September 30, 2022 was 8.42%, a 137.70% change year over year.
Veris Residential, Inc. EBIT Margin for the Trailing 12 Months (TTM) ending September 30, 2021 was -22.34%, a -241.45% change year over year.
Veris Residential, Inc. EBIT Margin for the Trailing 12 Months (TTM) ending September 30, 2020 was -6.54%, a -166.47% change year over year.

Key data

Date	EBIT Margin	EPS (Basic)	EPS (Diluted)	Shares (Basic, Weighted)

NYSE: VRE

Veris Residential, Inc.

CEO	Mr. Mahbod Nia A.C.A.
IPO Date	Aug. 25, 1994
Location	United States
Headquarters	Harborside 3
Employees	197
Sector	Real Estate
Industries Residential REITs Diversified REITs Hospitality REITs Retail REITs

Description

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/.

Key trends

Past 5 years