Vesta Real Estate
VTMX
33.63
+0.26
+0.78%
Vesta Real Estate
US · VTMX
#2497 by market cap
Listed 2023
33.63
+0.26
+0.78%
Live - 5344 symbols - heartbeat 248s ago
· 2026-10-08 05:47
Pre-market
33.63
0.00%
After-hours
33.63
0.00%
- Market cap
- 3.12B
- P/E (TTM)i
- 7.35
- P/Bi
- 0.99
- EPSi
- 2.81
- Div yieldi
- 2.47%
- 52W posi
- 72%
Reader sentiment
Are you bullish or bearish on VTMX?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Weak
- Altman Z-Score is 1.76, below the 1.8 "distress zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 8 years
Latest year +12.25% YoY
Margins
- Gross margin
- 90.02%
- Operating margin
- 78.21%
- Net margin
- 85.41%
Key ratios & quality
- Enterprise valuei
- 4.06B
- Altman Z-Scorei
- 1.76
Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | -- | -- | 149.86M | 160.79M | 178.03M | 214.47M | 252.33M | 283.22M |
| Gross profit | 126.99M | 136.22M | 139.70M | 150.06M | 166.60M | 196.23M | 227.73M | 254.95M |
| Selling & admin expenses | 15.98M | 17.63M | 17.18M | 19.80M | 22.95M | 30.14M | 32.76M | 33.77M |
| Research & development | -- | -- | -- | -- | -- | -- | -- | -- |
| Operating profit | 110.43M | 117.10M | 121.04M | 128.70M | 142.31M | 164.70M | 193.88M | 221.51M |
| Pretax profit | 128.04M | 185.20M | 127.50M | 256.03M | 291.85M | 381.62M | 426.16M | 233.97M |
| Tax | 34.98M | 50.59M | 60.55M | 82.09M | 48.22M | 64.98M | 202.82M | -7.93M |
| Net profit | 93.06M | 134.61M | 66.96M | 173.94M | 243.62M | 316.64M | 223.35M | 241.90M |
| Basic EPS | 2 | 2 | 1 | 3 | 4 | 4 | 3 | 3 |
| Diluted EPS | 1.55 | 2.29 | 1.17 | 2.64 | 3.51 | 4.12 | 2.53 | 2.81 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 67.06M | 67.27M | 72.43M | 76.45M | 76.75M | 78.49M |
| Gross profit | 61.86M | 60.75M | 64.19M | 68.13M | 69.32M | 69.77M |
| Selling & admin expenses | 8.29M | 8.33M | 7.83M | 9.32M | 9.30M | 8.84M |
| Research & development | -- | -- | -- | -- | -- | -- |
| Operating profit | 52.93M | 52.31M | 55.92M | 60.34M | 59.55M | 61.06M |
| Pretax profit | 28.58M | 54.50M | 52.41M | 98.46M | 97.95M | 98.77M |
| Tax | 13.66M | 26.78M | 27.45M | -75.82M | -3.04M | -3.06M |
| Net profit | 14.92M | 27.72M | 24.97M | 174.28M | 100.98M | 101.83M |
| Basic EPS | 0 | 0 | 0 | 2 | 1 | 1 |
| Diluted EPS | 0.17 | 0.32 | 0.29 | 2.01 | 1.18 | 1.09 |
Balance sheet
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 100.22M | 95.77M | 142.87M | 481.72M | 202.23M | 566.43M | 243.75M | 397.35M |
| Cash & ST investments | 65.16M | 75.84M | 120.42M | 452.80M | 139.06M | 501.09M | 183.99M | 336.88M |
| Inventory | -- | -- | -- | -- | -- | -- | -- | -- |
| Total assets | 1.99B | 2.09B | 2.25B | 2.76B | 2.95B | 3.79B | 3.96B | 4.54B |
| Total current liabilities | 16.69M | 26.05M | 28.45M | 67.23M | 60.05M | 147.57M | 90.83M | 82.08M |
| Short-term debt | 4.51M | 1.23M | 2.43M | 3.35M | 5.23M | 70.22M | 50.26M | 2.42M |
| Long-term debt | 695.28M | 713.63M | 837.84M | 930.65M | 925.87M | 845.57M | 797.19M | 1.27B |
| Total liabilities | 940,382,312.00 | 982,572,858.00 | 1,145,440,758.00 | 1,306,241,663.00 | 1,313,368,572.00 | 1,305,247,868.00 | 1,360,663,251.00 | 1,794,702,952.00 |
| Total equity | 1.05B | 1.11B | 1.11B | 1.45B | 1.64B | 2.49B | 2.60B | 2.75B |
| Retained earnings | 333.83M | 416.23M | 429.05M | 547.21M | 733.41M | 989.74M | 1.15B | 1.32B |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 120.44M | 138.68M | 664.32M | 397.35M | 271.98M | 471.79M |
| Cash & ST investments | 48.54M | 65.15M | 586.43M | 336.88M | 206.12M | 404.20M |
| Inventory | -- | -- | -- | -- | -- | -- |
| Total assets | 3.89B | 4.02B | 4.60B | 4.54B | 4.51B | 4.84B |
| Total current liabilities | 106.63M | 76.25M | 223.99M | 82.08M | 48.02M | 110.65M |
| Short-term debt | 5.17M | 5.21M | 166.92M | 2.42M | 650.38K | 616.65K |
| Long-term debt | 796.29M | 895.39M | 1.28B | 1.27B | 1.18B | 1.18B |
| Total liabilities | 1,381,278,744.00 | 1,473,258,028.00 | 2,028,185,525.00 | 1,794,702,952.00 | 1,655,126,753.00 | 1,690,373,447.00 |
| Total equity | 2.51B | 2.54B | 2.57B | 2.75B | 2.86B | 3.15B |
| Retained earnings | 1.09B | 1.12B | 1.15B | 1.32B | 1.42B | 1.45B |
Cash flow
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 87.27M | 103.35M | 100.57M | 107.93M | 65.21M | 144.80M | 129.71M | 207.25M |
| Depreciation & amortization | 573.18K | 1.49M | 1.48M | 1.60M | 1.46M | 1.58M | 1.42M | 1.72M |
| Free cash flow | 86.08M | 101.74M | 99.75M | 107.71M | 64.99M | 142.72M | 129.11M | 206.41M |
| Dividends paid | -47.90M | -39.44M | -53.98M | -55.37M | -57.02M | -59.51M | -63.67M | -68.33M |
| Stock buybacks / issuance | -11.26M | -27.90M | -14.80M | 229.22M | -15.60M | 594.38M | -44.17M | -36.42M |
| Ending cash balance | 65.22M | 75.80M | 121.28M | 453.56M | 139.88M | 501.90M | 184.86M | 337.64M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | 25.89M | 64.61M | 55.74M | 61.01M | 27.04M | 44.03M |
| Depreciation & amortization | 636.65K | 112.52K | 494.87K | 480.60K | 471.30K | 469.29K |
| Free cash flow | 25.16M | 64.87M | 55.74M | 60.64M | 26.78M | 43.53M |
| Dividends paid | -16.17M | -17.38M | -17.38M | -17.38M | -17.38M | -18.69M |
| Stock buybacks / issuance | -35.91M | -508.06K | 0 | 0 | 0 | 269.02M |
| Ending cash balance | 49.42M | 65.97M | 587.78M | 337.64M | 206.14M | 404.22M |
Returns & efficiency
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | 8.93 | 12.32 | 5.96 | 13.41 | 15.75 | 15.35 | 8.79 | 9.05 |
| ROA %i | 4.84 | 6.52 | 3.04 | 6.85 | 8.53 | 9.39 | 5.76 | 5.69 |
| ROIC %i | 7.02 | 9.04 | 4.94 | 9.50 | 11.29 | 11.62 | 7.07 | 7.37 |
| 5-year avg ROE %i | 5.79 | 7.64 | 8.93 | 10.71 | 11.32 | 12.60 | 11.90 | 12.50 |
| EBIT margin %i | 123.01 | 155.41 | 111.15 | 190.50 | 190.00 | 199.53 | 185.51 | 101.36 |
| FCF / sales %i | 64.88 | 70.39 | 65.86 | 66.52 | 32.30 | 66.55 | 51.17 | 72.88 |
| Current ratioi | 6.00 | 3.68 | 5.02 | 7.17 | 3.37 | 3.84 | 2.68 | 4.84 |
| Quick ratioi | 5.97 | 3.63 | 4.98 | 7.16 | 3.07 | 3.70 | 2.67 | 4.81 |
| Debt / assetsi | 35.09 | 34.18 | 37.29 | 33.88 | 31.56 | 24.16 | 21.42 | 28.11 |
| LT debt / equityi | 65.98 | 64.29 | 75.59 | 64.09 | 56.52 | 34.01 | 30.70 | 46.37 |
| Interest coveragei | 4.64 | 5.73 | 4.26 | 6.09 | 7.29 | 9.24 | 11.16 | 5.41 |
| Revenue CAGR (3Y) %i | 19.08 | 16.84 | 11.05 | 6.62 | 7.24 | 12.69 | 16.21 | 16.74 |
| Net income CAGR (3Y) %i | -- | 44.00 | -19.01 | 23.18 | 21.87 | 67.85 | 8.69 | -0.24 |
| FCF CAGR (3Y) %i | 8.67 | 14.62 | 6.79 | 7.76 | -13.87 | 12.68 | 6.23 | 46.99 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | 4.49 | 1.22 | 0.18 | 9.05 | 12.23 | 14.13 |
| ROA %i | 2.91 | 0.80 | 0.11 | 5.69 | 7.81 | 9.08 |
| ROIC %i | 3.99 | 1.59 | 0.83 | 7.37 | 9.97 | 11.40 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 133.76 | 102.10 | 95.19 | 101.36 | 124.39 | 136.19 |
| FCF / sales %i | 59.59 | 68.97 | 71.98 | 72.88 | 71.03 | 61.39 |
| Current ratioi | 1.13 | 1.82 | 2.97 | 4.84 | 5.66 | 4.26 |
| Quick ratioi | 1.06 | 1.73 | 2.94 | 4.81 | 5.47 | 4.18 |
| Debt / assetsi | 20.62 | 22.43 | 31.44 | 28.11 | 26.08 | 24.35 |
| LT debt / equityi | 31.78 | 35.22 | 49.74 | 46.37 | 41.15 | 37.41 |
| Interest coveragei | 8.24 | 6.43 | 6.13 | 5.41 | 5.97 | 6.22 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
Revenue breakdown most recent period
Business
Acquisition, development, and management of industrial and distribution center real estate100.00%
Quote time 2026-10-08 05:47:24 · For reference only, not investment advice and not tailored to your situation.