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Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Veris Residential's annualized Gross Profit for the quarter that ended in Sep. 2024 was $174.2 Mil. Veris Residential's average Total Assets over the quarter that ended in Sep. 2024 was $3,021.9 Mil. Therefore, Veris Residential's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 was 5.77%.
The historical data trend for Veris Residential's Gross-Profit-to-Asset % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Veris Residential Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Gross-Profit-to-Asset % | Get a 7-Day Free Trial | 4.02 | 3.30 | 2.05 | 2.89 | 4.38 |
Veris Residential Quarterly Data | ||||||||||||||||||||
Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
Gross-Profit-to-Asset % | Get a 7-Day Free Trial | 4.28 | 5.09 | 4.72 | 5.01 | 5.77 |
For the REIT - Residential subindustry, Veris Residential's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
For the REITs industry and Real Estate sector, Veris Residential's Gross-Profit-to-Asset % distribution charts can be found below:
* The bar in red indicates where Veris Residential's Gross-Profit-to-Asset % falls into.
Veris Residential's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:
Gross-Profit-to-Asset % | = | Gross Profit (A: Dec. 2023 ) | / | ( (Total Assets (A: Dec. 2022 ) | + | Total Assets (A: Dec. 2023 )) | / count ) |
= | 157.014 | / | ( (3920.768 | + | 3241.046) | / 2 ) | |
= | 157.014 | / | 3580.907 | ||||
= | 4.38 % |
Veris Residential's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 is calculated as:
Gross-Profit-to-Asset % | = | Gross Profit (Q: Sep. 2024 ) | / | ( (Total Assets (Q: Jun. 2024 ) | + | Total Assets (Q: Sep. 2024 )) | / count ) |
= | 174.224 | / | ( (3037.925 | + | 3005.84) | / 2 ) | |
= | 174.224 | / | 3021.8825 | ||||
= | 5.77 % |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Sep. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.
Thank you for viewing the detailed overview of Veris Residential's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.
Mahbod Nia | director | C/O COLONY NORTHSTAR, INC., 590 MADISON AVENUE, 34TH FLOOR, NEW YORK NY 10022 |
Nori Gerardo Lietz | director | HARBORSIDE 3, 210 HUDSON ST., SUITE 400, JERSEY CITY NJ 07311 |
A. Akiva Katz | director | C/O MACK-CALI REALTY CORP, HARBORSIDE 3, 210 HUDSON ST., SUITE 400, JERSEY CITY NJ 07311 |
Stephanie L. Williams | director | C/O VERIS RESIDENTIAL, INC., 210 HUDSON STREET, SUITE 400, JERSEY CITY NJ 07311 |
Ronald Dickerman | director | 410 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022 |
Taryn D. Fielder | officer: EVP, General Counsel & Sec. | 1775 EYE STREET, N.W., SUITE 1000, WASHINGTON DC 20006 |
Jeffrey Scott Turkanis | officer: EVP & Chief Investment Officer | 12 RICHARD ROAD, MARBLEHEAD MA 01945 |
Amanda Lombard | officer: Chief Accounting Officer | 500 FIFTH AVENUE, SUITE 1530, NEW YORK NY 10110 |
Anna Malhari | officer: EVP & Chief Operating Officer | HARBORSIDE 3, 210 HUDSON ST., SUITE 400, JERSEY CITY NJ 07311 |
Victor B Macfarlane | director | 151 EXECUTIVE PARK BLVD, BUILDING 2, SAN FRANCISCO CA 94134 |
Michael B Berman | director | C/O GENERAL GROWTH PROPERTIES, 110 NORTH WACKER DRIVE, CHICAGO IL 60606 |
Howard Steven Stern | director | 11601 WILSHIRE BLVD 4TH FLOOR, LOS ANGELES CA 90025 |
Tammy Jones | director | MONOGRAM RESIDENTIAL TRUST,INC., 5800 GRANITE PARKWAY, SUITE 1000, PLANO TX 75024 |
Deidre Crockett | officer: EVP, Chief Admin. Officer | HARBORSIDE 3, 210 HUDSON ST., SUITE 400, JERSEY CITY NJ 07311 |
Alan R Batkin | director | 399 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022 |
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