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Side-by-side financial comparison of Logistic Properties of the Americas (LPA) and Veris Residential, Inc. (VRE). Click either name above to swap in a different company.

Veris Residential, Inc. is the larger business by last-quarter revenue ($70.1M vs $50.1M, roughly 1.4× Logistic Properties of the Americas). Logistic Properties of the Americas runs the higher net margin — 32.1% vs -20.0%, a 52.1% gap on every dollar of revenue.

Logistic Properties of the Americas is a specialized industrial real estate firm that acquires, develops and manages logistics properties across North, Central and South America. Its portfolio includes distribution centers, warehouses and last-mile delivery facilities, serving e-commerce, retail, manufacturing and third-party logistics clients.

Veris Residential, Inc. is an American real estate investment trust headquartered in Jersey City, New Jersey, investing primarily in apartments in New Jersey and Boston.

LPA vs VRE — Head-to-Head

Bigger by revenue
VRE
VRE
1.4× larger
VRE
$70.1M
$50.1M
LPA
Higher net margin
LPA
LPA
52.1% more per $
LPA
32.1%
-20.0%
VRE

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
LPA
LPA
VRE
VRE
Revenue
$50.1M
$70.1M
Net Profit
$16.1M
$-14.0M
Gross Margin
95.9%
Operating Margin
81.7%
-22.2%
Net Margin
32.1%
-20.0%
Revenue YoY
3.5%
Net Profit YoY
-30.9%
EPS (diluted)
$0.33
$-0.15

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
LPA
LPA
VRE
VRE
Q1 26
$70.1M
Q4 25
$50.1M
$71.3M
Q3 25
$32.7M
$73.4M
Q2 25
$21.5M
$75.9M
Q1 25
$10.5M
$67.8M
Q4 24
$68.1M
Q3 24
$19.2M
$68.2M
Q2 24
$67.5M
Net Profit
LPA
LPA
VRE
VRE
Q1 26
$-14.0M
Q4 25
$16.1M
$-203.0K
Q3 25
$75.2M
Q2 25
$10.9M
Q1 25
$-10.7M
Q4 24
$-12.4M
Q3 24
$-9.7M
Q2 24
$2.9M
Gross Margin
LPA
LPA
VRE
VRE
Q1 26
95.9%
Q4 25
97.2%
Q3 25
96.8%
Q2 25
97.2%
Q1 25
95.9%
Q4 24
97.1%
Q3 24
96.9%
Q2 24
97.3%
Operating Margin
LPA
LPA
VRE
VRE
Q1 26
-22.2%
Q4 25
81.7%
-0.9%
Q3 25
Q2 25
15.8%
Q1 25
-20.4%
Q4 24
-21.9%
Q3 24
-16.2%
Q2 24
2.2%
Net Margin
LPA
LPA
VRE
VRE
Q1 26
-20.0%
Q4 25
32.1%
-0.3%
Q3 25
102.4%
Q2 25
14.4%
Q1 25
-15.8%
Q4 24
-18.3%
Q3 24
-14.2%
Q2 24
4.3%
EPS (diluted)
LPA
LPA
VRE
VRE
Q1 26
$-0.15
Q4 25
$0.33
$0.00
Q3 25
$0.09
$0.80
Q2 25
$-0.06
$0.12
Q1 25
$-0.12
Q4 24
$-0.14
Q3 24
$-1.26
$-0.10
Q2 24
$0.03

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
LPA
LPA
VRE
VRE
Cash + ST InvestmentsLiquidity on hand
$27.3M
$9.4M
Total DebtLower is stronger
$296.8M
Stockholders' EquityBook value
$324.6M
$1.1B
Total Assets
$700.8M
$2.7B
Debt / EquityLower = less leverage
0.91×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LPA
LPA
VRE
VRE
Q1 26
$9.4M
Q4 25
$27.3M
$14.1M
Q3 25
$8.8M
Q2 25
$11.4M
Q1 25
$7.6M
Q4 24
$7.3M
Q3 24
$12.8M
Q2 24
$18.4M
Total Debt
LPA
LPA
VRE
VRE
Q1 26
Q4 25
$296.8M
$1.4B
Q3 25
Q2 25
Q1 25
Q4 24
$1.7B
Q3 24
Q2 24
Stockholders' Equity
LPA
LPA
VRE
VRE
Q1 26
$1.1B
Q4 25
$324.6M
$1.2B
Q3 25
$1.2B
Q2 25
$1.1B
Q1 25
$1.1B
Q4 24
$1.1B
Q3 24
$1.1B
Q2 24
$1.1B
Total Assets
LPA
LPA
VRE
VRE
Q1 26
$2.7B
Q4 25
$700.8M
$2.7B
Q3 25
$2.8B
Q2 25
$3.1B
Q1 25
$3.0B
Q4 24
$3.0B
Q3 24
$3.0B
Q2 24
$3.0B
Debt / Equity
LPA
LPA
VRE
VRE
Q1 26
Q4 25
0.91×
1.18×
Q3 25
Q2 25
Q1 25
Q4 24
1.52×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
LPA
LPA
VRE
VRE
Operating Cash FlowLast quarter
$21.6M
$14.0M
Free Cash FlowOCF − Capex
$21.4M
FCF MarginFCF / Revenue
42.7%
Capex IntensityCapex / Revenue
0.3%
Cash ConversionOCF / Net Profit
1.34×
TTM Free Cash FlowTrailing 4 quarters
$12.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LPA
LPA
VRE
VRE
Q1 26
$14.0M
Q4 25
$21.6M
$76.0M
Q3 25
$14.4M
$13.5M
Q2 25
$7.2M
$23.8M
Q1 25
$4.4M
$13.2M
Q4 24
$52.3M
Q3 24
$8.3M
$13.9M
Q2 24
$10.8M
Free Cash Flow
LPA
LPA
VRE
VRE
Q1 26
Q4 25
$21.4M
Q3 25
$-7.3M
Q2 25
$-3.1M
Q1 25
$966.4K
Q4 24
Q3 24
$-2.4M
Q2 24
FCF Margin
LPA
LPA
VRE
VRE
Q1 26
Q4 25
42.7%
Q3 25
-22.2%
Q2 25
-14.4%
Q1 25
9.2%
Q4 24
Q3 24
-12.3%
Q2 24
Capex Intensity
LPA
LPA
VRE
VRE
Q1 26
Q4 25
0.3%
Q3 25
66.1%
Q2 25
47.9%
Q1 25
32.5%
Q4 24
Q3 24
55.5%
Q2 24
Cash Conversion
LPA
LPA
VRE
VRE
Q1 26
Q4 25
1.34×
Q3 25
0.18×
Q2 25
2.18×
Q1 25
Q4 24
Q3 24
Q2 24
3.71×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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