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Veris Residential Inc
NYSE:VRE

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Veris Residential Inc Logo
Veris Residential Inc
NYSE:VRE
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Price: 15.53 USD -0.58% Market Closed
Updated: May 16, 2024

Gross Margin
Veris Residential Inc

56.2%
Current
55%
Average
50.3%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
56.2%
=
Gross Profit
195.1m
/
Revenue
347.2m

Gross Margin Across Competitors

Country US
Market Cap 1.4B USD
Gross Margin
56%
Country US
Market Cap 21.5B USD
Gross Margin
71%
Country US
Market Cap 10.2B USD
Gross Margin
62%
Country JP
Market Cap 1T JPY
Gross Margin
61%
Country FR
Market Cap 5B EUR
Gross Margin
86%
Country AU
Market Cap 7.6B AUD
Gross Margin
77%
Country JP
Market Cap 762.7B JPY
Gross Margin
64%
Country US
Market Cap 4.9B USD
Gross Margin
50%
Country JP
Market Cap 651.7B JPY
Gross Margin
62%
Country US
Market Cap 4.1B USD
Gross Margin
70%
Country US
Market Cap 3.7B USD
Gross Margin
67%

Profitability Report

View the profitability report to see the full profitability analysis for Veris Residential Inc.

See Also

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
56.2%
=
Gross Profit
195.1m
/
Revenue
347.2m
What is the Gross Margin of Veris Residential Inc?

Based on Veris Residential Inc's most recent financial statements, the company has Gross Margin of 56.2%.