Veris Residential Inc (VRE) - Net Assets

Latest as of September 2025: $1.28 Billion USD

Based on the latest financial reports, Veris Residential Inc (VRE) has net assets worth $1.28 Billion USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.79 Billion) and total liabilities ($1.51 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check tangible net worth ratio of Veris Residential Inc to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric Value
Current Net Assets $1.28 Billion
% of Total Assets 45.89%
Annual Growth Rate 7.34%
5-Year Change -41.0%
10-Year Change -26.21%
Growth Volatility 45.05

Veris Residential Inc - Net Assets Trend (1994–2024)

This chart illustrates how Veris Residential Inc's net assets have evolved over time, based on quarterly financial data. See VRE defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Veris Residential Inc (1994–2024)

The table below shows the annual net assets of Veris Residential Inc from 1994 to 2024. For live valuation and market cap data, see how much is Veris Residential Inc worth.

Year Net Assets Change
2024-12-31 $1.24 Billion -4.77%
2023-12-31 $1.30 Billion -31.86%
2022-12-31 $1.91 Billion -2.85%
2021-12-31 $1.97 Billion -6.41%
2020-12-31 $2.11 Billion -4.41%
2019-12-31 $2.20 Billion +8.64%
2018-12-31 $2.03 Billion +7.80%
2017-12-31 $1.88 Billion +8.93%
2016-12-31 $1.73 Billion +2.55%
2015-12-31 $1.68 Billion -10.54%
2014-12-31 $1.88 Billion -1.90%
2013-12-31 $1.92 Billion -7.25%
2012-12-31 $2.07 Billion -3.97%
2011-12-31 $2.15 Billion +5.38%
2010-12-31 $2.04 Billion -4.63%
2009-12-31 $2.14 Billion +9.38%
2008-12-31 $1.96 Billion -6.71%
2007-12-31 $2.10 Billion +4.49%
2006-12-31 $2.01 Billion +5.13%
2005-12-31 $1.91 Billion -3.09%
2004-12-31 $1.97 Billion +0.18%
2003-12-31 $1.97 Billion +4.53%
2002-12-31 $1.88 Billion +0.29%
2001-12-31 $1.88 Billion -1.26%
2000-12-31 $1.90 Billion -3.94%
1999-12-31 $1.98 Billion +2.88%
1998-12-31 $1.93 Billion +25.28%
1997-12-31 $1.54 Billion +110.98%
1996-12-31 $728.34 Million +218.89%
1995-12-31 $228.40 Million +54.01%
1994-12-31 $148.30 Million --

Equity Component Analysis

This analysis shows how different components contribute to Veris Residential Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have decreased by 146618700000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock $929.00K 0.08%
Other Comprehensive Income $154.00K 0.01%
Other Components $2.56 Billion 233.27%
Total Equity $1.10 Billion 100.00%

Veris Residential Inc Competitors by Market Cap

The table below lists competitors of Veris Residential Inc ranked by their market capitalization.

Company Market Cap
G2 Goldfields Inc.
TO:GTWO
 $1.86 Billion
Beijing Dabeinong Technology Group Co Ltd
SHE:002385
 $1.86 Billion
Gelsenwasser AG
F:WWG
 $1.86 Billion
Veridis Environment Ltd
TA:VRDS
 $1.86 Billion
Sichuan Tuopai Shede Wine Co Ltd
SHG:600702
 $1.85 Billion
Nanhua Futures Co Ltd
SHG:603093
 $1.85 Billion
Steelcase Inc
NYSE:SCS
 $1.85 Billion
Com7 Public Company Limited
BK:COM7-R
 $1.85 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Veris Residential Inc's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,137,477,999 to 1,099,391,000, a change of -38,086,999 (-3.3%).
  • Net loss of 23,120,000 reduced equity.
  • Dividend payments of 24,052,000 reduced retained earnings.
  • Share repurchases of 1,765,000 reduced equity.
  • New share issuances of 1,765,000 increased equity.
  • Other comprehensive income increased equity by 1,416,658,000.
  • Other factors decreased equity by 1,407,572,999.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income $-23.12 Million -2.1%
Dividends Paid $24.05 Million -2.19%
Share Repurchases $1.76 Million -0.16%
Share Issuances $1.76 Million +0.16%
Other Comprehensive Income $1.42 Billion +128.86%
Other Changes $-1.41 Billion -128.03%
Total Change $- -3.35%

Book Value vs Market Value Analysis

This analysis compares Veris Residential Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 3.01x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1994-12-31 $10.55 $32.65 x
1995-12-31 $16.67 $32.65 x
1996-12-31 $37.60 $32.65 x
1997-12-31 $26.21 $32.65 x
1998-12-31 $22.29 $32.65 x
1999-12-31 $21.48 $32.65 x
2000-12-31 $19.89 $32.65 x
2001-12-31 $22.11 $32.65 x
2002-12-31 $22.21 $32.65 x
2003-12-31 $23.36 $32.65 x
2004-12-31 $22.48 $32.65 x
2005-12-31 $20.37 $32.65 x
2006-12-31 $19.61 $32.65 x
2007-12-31 $19.91 $32.65 x
2008-12-31 $19.15 $32.65 x
2009-12-31 $20.72 $32.65 x
2010-12-31 $19.01 $32.65 x
2011-12-31 $19.09 $32.65 x
2012-12-31 $17.67 $32.65 x
2013-12-31 $16.46 $32.65 x
2014-12-31 $16.24 $32.65 x
2015-12-31 $14.52 $32.65 x
2016-12-31 $15.20 $32.65 x
2017-12-31 $14.66 $32.65 x
2018-12-31 $14.76 $32.65 x
2019-12-31 $14.83 $32.65 x
2020-12-31 $15.43 $32.65 x
2021-12-31 $14.11 $32.65 x
2022-12-31 $13.57 $32.65 x
2023-12-31 $11.28 $32.65 x
2024-12-31 $10.84 $32.65 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Veris Residential Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): -2.10%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -8.53%
  • • Asset Turnover: 0.09x
  • • Equity Multiplier: 2.71x
  • Recent ROE (-2.10%) is below the historical average (3.33%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1994 3.60% 23.08% 0.08x 2.08x $-6.93 Million
1995 7.32% 21.83% 0.17x 1.96x $-4.98 Million
1996 4.55% 33.46% 0.09x 1.46x $-38.19 Million
1997 0.12% 0.56% 0.10x 2.24x $-114.34 Million
1998 8.19% 23.61% 0.14x 2.42x $-25.81 Million
1999 8.30% 21.71% 0.15x 2.52x $-24.45 Million
2000 12.75% 32.17% 0.16x 2.53x $40.01 Million
2001 9.19% 22.53% 0.16x 2.62x $-11.60 Million
2002 9.61% 24.53% 0.15x 2.61x $-5.70 Million
2003 9.28% 24.40% 0.16x 2.43x $-11.10 Million
2004 6.63% 17.39% 0.15x 2.49x $-52.06 Million
2005 6.32% 14.84% 0.15x 2.81x $-55.64 Million
2006 9.47% 19.54% 0.17x 2.89x $-8.12 Million
2007 6.73% 13.67% 0.18x 2.80x $-53.79 Million
2008 3.48% 6.91% 0.18x 2.88x $-100.72 Million
2009 2.98% 7.14% 0.16x 2.58x $-128.58 Million
2010 3.12% 6.97% 0.18x 2.48x $-120.93 Million
2011 3.78% 9.86% 0.17x 2.27x $-117.54 Million
2012 2.32% 5.81% 0.16x 2.56x $-135.78 Million
2013 -0.91% -2.24% 0.15x 2.75x $-179.14 Million
2014 1.76% 4.49% 0.15x 2.58x $-133.91 Million
2015 -8.64% -21.14% 0.15x 2.79x $-271.32 Million
2016 7.68% 19.11% 0.14x 2.81x $-35.49 Million
2017 1.57% 3.76% 0.12x 3.36x $-124.44 Million
2018 5.66% 15.85% 0.10x 3.40x $-64.55 Million
2019 7.49% 31.43% 0.07x 3.54x $-37.51 Million
2020 -3.95% -17.64% 0.06x 3.68x $-195.20 Million
2021 -9.29% -61.16% 0.04x 3.53x $-247.24 Million
2022 -4.21% -24.40% 0.05x 3.17x $-175.63 Million
2023 -9.43% -41.21% 0.08x 2.85x $-221.01 Million
2024 -2.10% -8.53% 0.09x 2.71x $-133.06 Million

Industry Comparison

This section compares Veris Residential Inc's net assets metrics with peer companies in the REIT - Residential industry.

Industry Context

  • Industry: REIT - Residential
  • Average net assets among peers: $2,312,609,926
  • Average return on equity (ROE) among peers: 6.93%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Veris Residential Inc (VRE) $1.28 Billion 3.60% 1.18x $1.86 Billion
Apartment Investment and Management Co (AIV) $1.75 Billion 1.71% 5.06x $417.18 Million
American Homes 4 Rent (AMH) $4.94 Billion 0.14% 0.64x $11.79 Billion
AvalonBay Communities Inc (AVB) $10.94 Billion 9.18% 0.82x $24.99 Billion
Bluerock Homes Trust Inc. (BHM) $491.99 Million -0.20% 0.34x $36.64 Million
BRT Realty Trust (BRT) $250.07 Million 19.98% 1.93x $275.94 Million
Clipper Realty Inc (CLPR) $37.20 Million 14.08% 19.62x $50.73 Million
Camden Property Trust (CPT) $1.83 Billion 3.08% 1.53x $10.84 Billion
Centerspace (CSR) $145.04 Million 6.07% 1.99x $922.32 Million
Elme Communities (ELME) $1.26 Billion -2.44% 0.48x $178.60 Million
Equity Lifestyle Properties Inc (ELS) $1.49 Billion 17.66% 2.57x $12.18 Billion

About Veris Residential Inc

NYSE:VRE USA REIT - Residential
Market Cap
$3.05 Billion
Market Cap Rank
#6572 Global
#1992 in USA
Share Price
$32.65
Change (1 day)
+1.40%
52-Week Range
$13.74 - $32.65
All Time High
$32.65
Categories
Companies in USA REIT - Residential
About

Veris Residential, Inc. is a forward-thinking real estate investment trust (REIT) that primarily owns, operates, acquires and develops premier Class A multifamily properties in the Northeast. Our technology-enabled, vertically integrated operating platform delivers a contemporary living experience aligned with residents' preferences while positively impacting the communities we serve. We are guid… Read more