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VRE FY 2024 Earnings — Veris Residential, Inc. Revenue & Financial Results | Market Cap Arena
VRE
Veris Residential, Inc.
$2B
FY 2024 Earnings
Real Estate
REIT - Residential
Income Statement
Revenue
$271M
+4.1% YoY
Gross Profit
$160M
59.0% margin
Operating Income
$38M
14.1% margin
Net Income
-$23M
-8.5% margin
EPS (Diluted)
$-0.25
Cash Flow
Operating Cash Flow
$65M
Free Cash Flow
$46M
Stock-Based Comp.
$0
Balance Sheet
Total Assets
$3.0B
Total Liabilities
$1.7B
Stockholders' Equity
$1.1B
Cash & Equivalents
$7M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$271M
$260M
+4.1%
Gross Profit
$160M
$153M
+4.6%
Operating Income
$38M
$22M
+71.4%
Net Income
-$23M
-$107M
+78.4%
← Q4 2023
All Quarters
Q1 2024 →