VRE FY 2016 Earnings — Veris Residential, Inc. Revenue & Financial Results | Market Cap Arena

VREVeris Residential, Inc.

$2B

FY 2016 Earnings

Real Estate REIT - Residential

Income Statement

Revenue

$613M+3.1% YoY

Gross Profit

$346M56.4% margin

Operating Income

$105M17.1% margin

Net Income

$117M19.1% margin

EPS (Diluted)

$1.30

Cash Flow

Operating Cash Flow

$100M

Free Cash Flow

-$636M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$4.3B

Total Liabilities

$2.6B

Stockholders' Equity

$1.5B

Cash & Equivalents

$32M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$613M	$595M	+3.1%
Gross Profit	$346M	$323M	+7.3%
Operating Income	$105M	-$96M	+208.6%
Net Income	$117M	-$126M	+193.2%