VRE FY 2024 Earnings — Veris Residential, Inc. Revenue & Financial Results | Market Cap Arena

VREVeris Residential, Inc.

$2B

FY 2024 Earnings

Real Estate REIT - Residential

Income Statement

Revenue

$271M+4.1% YoY

Gross Profit

$160M59.0% margin

Operating Income

$38M14.1% 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%