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Financial Snapshot

Revenue
TTM
$290.8M
Gross Margin
TTM
88.31%
Net Income
TTM
$71.93M
Current Assets
2026 Q1
$32.46M
Current Liabilities
2026 Q1
$57.74M
Current Ratio
2026 Q1
56.22%
Total Assets
2026 Q1
Total Liabilities
2026 Q1
Book Value
2026 Q1
$1.249B
Cash
2026 Q1
P/E
TTM
24.77
Free Cash Flow
TTM
$40.18M

Stock Price

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Market Cap: $1.782 Billion

About Veris Residential Inc

Veris Residential Inc (NYSE: VRE) is a real estate investment trust (REIT) that owns and operates multifamily residential apartment communities. The company generates revenue primarily through rental income collected from residential tenants under lease agreements. Veris Residential is structured as a Maryland corporation and operates through its operating partnership, Veris Residential, L.P., a Delaware limited partnership. The 10-K filed February 23, 2026, covers the fiscal year ended December 31, 2025. Veris Residential qualifies as a REIT for U.S. federal income tax purposes, requiring it to distribute the substantial majority of taxable income to shareholders. The company's common stock is listed on the New York Stock Exchange under the ticker VRE.

Revenue model
Rental income from residential apartment tenants under lease agreements, structured as a REIT with income distributed to shareholders.
Products and services
Multifamily residential apartment communities.
Customers and end markets
Residential tenants leasing apartment units.
Value-chain role
Direct owner and operator of multifamily residential real estate assets.

Source: SEC 10-K, filed 2026-02-23

Industry: Real Estate Investment Trusts Peers: Alexandria Real Estate Equities, Inc Brandywine Realty Trust Easterly Government Properties Inc OFFICE PROPERTIES INCOME TRUST Hudson Pacific Properties Inc KBS Real Estate Investment Trust III Inc Paramount Group, Inc. Piedmont Realty Trust Inc Orion Properties Inc Postal Realty Trust Inc

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