Veris Residential, Inc. (VRE)

Veris Residential Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	-21.93	-23.12	-107.27	-52.07	-119.04	-51.39
Depreciation & Amortization	86.05	82.74	86.16	77.86	68.53	117.75
Other Amortization	13.21	10.59	4.42	4.39	3.88	3.54
Gain (Loss) on Sale of Assets	-29.53	-11.52	-7.07	-57.26	-5.14	-8.44
Gain (Loss) on Sale of Investments	-4.97	-6.95	-	-	1.89	-35.18
Asset Writedown	18.29	2.62	9.32	9.37	23.72	53.4
Stock-Based Compensation	12.22	13.57	20.27	14.21	11.16	7.93
Income (Loss) on Equity Investments	-5.12	-3.93	-3.1	-1.19	5.01	9.13
Change in Accounts Receivable	-0.17	-0.53	1.69	3.04	-1.77	-6.43
Change in Accounts Payable	1.71	-5.49	-4.11	1.92	-8.09	-9.55
Change in Other Net Operating Assets	0.69	3.71	3.12	-2.54	-1.12	-0.93
Other Operating Activities	-6.09	-7.08	38.43	12.81	16.78	-69.63
Net Cash from Discontinued Operations	-2.37	-1.97	3.06	52.78	59.26	77.68
Operating Cash Flow	62.77	52.33	45.54	66.45	56.12	85.42
Operating Cash Flow Growth	31.54%	14.91%	-31.47%	18.43%	-34.31%	-35.21%
Acquisition of Real Estate Assets	-30.74	-24.51	-20.8	-192.94	-196.56	-451.4
Sale of Real Estate Assets	57.84	88.96	23.04	153.02	52.39	64.95
Net Sale / Acq. of Real Estate Assets	27.1	64.45	2.24	-39.92	-144.17	-386.46
Investment in Marketable & Equity Securities	-12.06	18.24	11.31	12.97	18.29	75.64
Other Investing Activities	1.89	79.36	566.1	247.04	572.11	339.28
Investing Cash Flow	16.93	162.05	579.65	220.09	446.23	28.47
Short-Term Debt Issued	-	-	-	-	150	-
Long-Term Debt Issued	-	374	595.56	256.72	422.42	593.58
Total Debt Issued	389	374	595.56	256.72	572.42	593.58
Short-Term Debt Repaid	-	-	-	-	-150	-
Long-Term Debt Repaid	-	-557.02	-638.07	-495.52	-839.72	-602.56
Total Debt Repaid	-432.97	-557.02	-638.07	-495.52	-989.72	-602.56
Net Debt Issued (Repaid)	-43.97	-183.02	-42.51	-238.8	-417.3	-8.98
Issuance of Common Stock	-	1.77	-	-	-	-
Repurchase of Common Stock	-1.19	-	-0.14	-2.69	-0.9	-2.69
Common Dividends Paid	-29.87	-24.05	-5.12	-0.06	-0.48	-60.53
Other Financing Activities	-15.58	-39.34	-570.49	-48.79	-84.52	-30.54
Net Cash Flow	-10.91	-30.27	6.93	-3.81	-0.85	11.14
Cash Interest Paid	78.5	78.5	80.2	67	66.7	98.4
Levered Free Cash Flow	-149.67	140.22	199.74	445.73	26.72	389.44
Unlevered Free Cash Flow	-105.15	184.61	282.29	482.82	52.52	436.52
Change in Working Capital	3.02	-2.63	1.33	5.55	-9.93	-19.36

Updated Apr 23, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q