Veris Residential Inc
NYSE:VRE
Operating Margin
Veris Residential Inc
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Operating Margin Across Competitors
| Country | Company | Market Cap |
Operating Margin |
||
|---|---|---|---|---|---|
| US |
|
Veris Residential Inc
NYSE:VRE
|
1.4B USD |
15%
|
|
| US |
|
Alexandria Real Estate Equities Inc
NYSE:ARE
|
12.6B USD |
29%
|
|
| US |
|
Boston Properties Inc
NYSE:BXP
|
10.3B USD |
30%
|
|
| JP |
|
Nippon Building Fund Inc
TSE:8951
|
1.1T JPY |
48%
|
|
| US |
|
Vornado Realty Trust
NYSE:VNO
|
6.8B USD |
14%
|
|
| FR |
|
Covivio SA
PAR:COV
|
5.8B EUR |
61%
|
|
| US |
|
COPT Defense Properties
NYSE:CDP
|
6B USD |
28%
|
|
| JP |
|
Japan Real Estate Investment Corp
TSE:8952
|
806.8B JPY |
49%
|
|
| AU |
|
Dexus
ASX:DXS
|
7.9B AUD |
43%
|
|
| US |
|
Cousins Properties Inc
NYSE:CUZ
|
4.6B USD |
20%
|
|
| JP |
|
Kenedix Office Investment Corp
TSE:8972
|
597.6B JPY |
52%
|
Veris Residential Inc
Glance View
Veris Residential Inc., previously known as Mack-Cali Realty Corporation, has undergone a significant transformation from its initial focus on commercial office spaces to establishing a strong presence in the multifamily residential sector. Headquartered in Jersey City, New Jersey, this real estate investment trust (REIT) strategically pivoted amid evolving market dynamics, shifting its portfolio from predominantly office-centric properties to upscale residential communities. This transition was driven by the increasing demand for high-quality living spaces, especially in metropolitan areas where urban dwellers seek modern amenities and convenient access to city centers. Veris Residential specializes in acquiring, developing, and managing these residential properties, leveraging its expertise to enhance property value and boost occupancy rates. The company's revenue stream primarily stems from rental income, generated by leasing its apartments and commercial spaces within mixed-use developments. By creating communities that align with tenants' lifestyle preferences, Veris appeals to a diverse demographic that is willing to pay a premium for sustainability, prime locations, and cutting-edge facilities. This strategy not only augments rental yields but also builds long-term asset value, ensuring stable cash flows and reinforcing the company's position in the competitive real estate market. Through adept management and strategic repositioning, Veris Residential continues to capitalize on market trends and optimize its portfolio to ensure sustained growth and profitability.
See Also
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Based on Veris Residential Inc's most recent financial statements, the company has Operating Margin of 14.9%.
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