Veris Residential, Inc. (VRE)

USD 16.68

(-4.85%)

Annual Income Statements

(In USD)
Breakdown 2023 2022 2021 2020 2019 2018
Revenue 279.85 Million 355.01 Million 329.31 Million 313.56 Million 350.93 Million 530.6 Million
Cost of Revenue 122.84 Million 161.33 Million 147.36 Million 141.41 Million 147.43 Million 224.15 Million
Gross Profit 157.01 Million 193.68 Million 181.94 Million 172.15 Million 203.49 Million 306.45 Million
Operating Expenses 157.01 Million 167.68 Million 168.81 Million 195.67 Million 191.81 Million 228.83 Million
Selling, General and Administrative Expenses 44.47 Million 56.16 Million 57.19 Million 73.64 Million 59.79 Million 53.98 Million
Research and Development Expenses - -0.17 -0.47 -0.37 0.55 0.26
Other Expenses - 111.51 Million 111.61 Million 122.03 Million 132.01 Million 174.84 Million
Cost and Expenses 279.85 Million 329.02 Million 316.18 Million 337.08 Million 339.25 Million 452.98 Million
Operating Income - 27.92 Million 9.4 Million -23.62 Million 26.56 Million 53.05 Million
Interest Expense 139.13 Million 78.04 Million 65.19 Million 80.99 Million 90.56 Million 83.75 Million
Income Tax Expense 492 Thousand 78.04 Million 46.43 Million 16.71 Million 243.73 Million 137.1 Million
Earnings before Tax -156.7 Million -34.13 Million -149.02 Million -115.52 Million 252.55 Million 106.4 Million
Net Income -107.26 Million -112.17 Million -195.45 Million -132.23 Million 8.82 Million 84.11 Million
Earnings Per Share Basic -1.22 -1.23 -2.15 -1.46 0.10 0.84
Earnings Per Share Diluted -1.11 -1.23 -2.15 -1.46 0.09 0.84
Weighted Average Shares Outstanding 91.88 Million 91.04 Million 90.83 Million 90.64 Million 90.55 Million 100.72 Million
Weighted Average Shares Outstanding (Diluted) 100.81 Million 91.04 Million 90.83 Million 90.64 Million 100.68 Million 100.72 Million
Gross Margin 0.56 0.55 0.55 0.55 0.58 0.58
EBIT Margin 0.37 0.39 0.37 0.30 0.45 0.51
Profit Margin -0.38 -0.32 -0.59 -0.42 0.03 0.16
EBITDA 104.91 Million 139.44 Million 121.02 Million 94.72 Million 384.57 Million 376.45 Million
Earnings Before Tax Margin - 0.08 0.03 -0.08 0.08 0.10

Income Statement Charts