Veris Residential Inc (VRE)
15.60
+0.04
(+0.22%)
USD |
NYSE |
May 14, 16:00
15.60
0.00 (0.00%)
After-Hours: 20:00
Veris Residential Gross Profit Margin (Quarterly): 56.55% for March 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| March 31, 2024 | 56.55% |
| December 31, 2023 | 53.29% |
| September 30, 2023 | 54.48% |
| June 30, 2023 | 58.28% |
| March 31, 2023 | 60.15% |
| December 31, 2022 | 54.46% |
| September 30, 2022 | 53.80% |
| June 30, 2022 | 52.01% |
| March 31, 2022 | 54.32% |
| December 31, 2021 | 71.25% |
| September 30, 2021 | 56.46% |
| June 30, 2021 | 53.17% |
| March 31, 2021 | 54.41% |
| December 31, 2020 | 52.18% |
| September 30, 2020 | 53.26% |
| June 30, 2020 | 55.77% |
| March 31, 2020 | 58.21% |
| December 31, 2019 | 61.69% |
| September 30, 2019 | 57.01% |
| June 30, 2019 | 57.28% |
| March 31, 2019 | 56.99% |
| December 31, 2018 | 47.31% |
| September 30, 2018 | 56.72% |
| June 30, 2018 | 58.27% |
| March 31, 2018 | 55.80% |
| Date | Value |
|---|---|
| December 31, 2017 | 76.72% |
| September 30, 2017 | 59.19% |
| June 30, 2017 | 60.33% |
| March 31, 2017 | 56.06% |
| December 31, 2016 | 56.69% |
| September 30, 2016 | 57.69% |
| June 30, 2016 | 57.38% |
| March 31, 2016 | 53.98% |
| December 31, 2015 | 54.31% |
| September 30, 2015 | 56.54% |
| June 30, 2015 | 55.00% |
| March 31, 2015 | 51.28% |
| December 31, 2014 | 53.70% |
| September 30, 2014 | 54.14% |
| June 30, 2014 | 54.86% |
| March 31, 2014 | 47.78% |
| December 31, 2013 | 54.76% |
| September 30, 2013 | 56.54% |
| June 30, 2013 | 57.99% |
| March 31, 2013 | 55.52% |
| December 31, 2012 | 59.16% |
| September 30, 2012 | 59.89% |
| June 30, 2012 | 59.67% |
| March 31, 2012 | 62.19% |
| December 31, 2011 | 3.44% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
52.01%
Minimum
Jun 2022
71.25%
Maximum
Dec 2021
56.40%
Average
55.13%
Median
Gross Profit Margin (Quarterly) Benchmarks
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -6.33% |
| Return on Assets | -2.63% |
| Return on Invested Capital | -2.77% |
| Profit Margin (Quarterly) | -5.80% |
| Operating Margin (Quarterly) | 10.21% |
| Return on Net Operating Assets | -50.41% |