/
Veris Residential, Inc., a Maryland corporation, together with its subsidiaries (collectively the General Partner ), is a fully-integrated, self-administered and self-managed real estate investment trust ( REIT ). The Company owns, operates and develops multifamily rental properties located primarily in the Northeast, as well as a portfolio of non-strategic land and commercial assets.
10.89% operating margin is respectable but not wide. ROIC at 1.18%. Suggests the business covers its cost of capital, but doesn't point to a wide moat.
Revenue grew 6.4%, steady but not accelerating.
Insufficient data to identify specific risks. Treat any missing metrics as a data gap, not a clean bill of health.
Profitability & Returns
Revenue (TTM)
$291M
▲ +6.4% YoY
Net Income (TTM)
$72M
▲ +425.4% YoY
Op. Margin
9.60%
▼ -1.7pp YoY
ROIC
1.06%
Cash Flow & Balance Sheet
FCF
N/A
Op. Cash Flow (TTM)
$77M
▲ +45.2% YoY
Net Debt
$1.36B
Cash & Equiv.
$9M
5Y CAGR: -1.3%
Continue Research