Corporación Inmobiliaria Vesta, S.A.B de C.V. (VTMX) financial statements
Corporación Inmobiliaria Vesta, S.A.B de C.V. reported revenue of $283M in fiscal 2025, up 15.2% a year over 4 years.
Net income was $242M.
Free cash flow was $206M, and the company returned $68M in dividends and $36M in net buybacks.
The diluted share count rose 24% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Corporación Inmobiliaria Vesta, S.A.B de C.V.'s 10-K filings with the SEC.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $161M | $178M | $214M | $252M | $283M |
| Selling, general and admin | $14M | $16M | $22M | $24M | $24M |
| Interest expense | $45M | $45M | $44M | $42M | $53M |
| Pre-tax income | $256M | $292M | $382M | $426M | $234M |
| Income tax | $82M | $48M | $65M | $203M | -$8M |
| Net income | $174M | $244M | $317M | $223M | $242M |
| EPS (diluted) | $0.26 | $0.35 | $0.41 | $0.25 | $0.28 |
| Diluted shares | 693M | 694M | 769M | 883M | 861M |
| Net margin | 108.2% | 136.8% | 147.6% | 88.5% | 85.4% |
Balance sheet
Fiscal years, from Corporación Inmobiliaria Vesta, S.A.B de C.V.'s 10-K filings with the SEC.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash and short-term investments | $453M | $139M | $501M | $184M | $337M |
| Total current assets | $482M | $202M | $566M | $244M | $397M |
| Total assets | $2.8B | $3.0B | $3.8B | $4.0B | $4.5B |
| Total current liabilities | $67M | $60M | $148M | $91M | $82M |
| Long-term debt | $931M | $926M | $846M | $797M | $1.3B |
| Total liabilities | $1.3B | $1.3B | $1.3B | $1.4B | $1.8B |
| Shareholders' equity | $1.5B | $1.6B | $2.5B | $2.6B | $2.7B |
| Net debt | $478M | $787M | $344M | $613M | $984M |
Cash flow
Fiscal years, from Corporación Inmobiliaria Vesta, S.A.B de C.V.'s 10-K filings with the SEC.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating cash flow | $108M | $65M | $145M | $130M | $207M |
| Capital spending | $219,143 | $219,884 | $2M | $597,329 | $837,371 |
| Free cash flow | $108M | $65M | $143M | $129M | $206M |
| Stock-based compensation | $6M | $7M | $8M | $9M | $13M |
| Dividends paid | $55M | $57M | $60M | $64M | $68M |
| Share buybacks (net) | $0 | -$16M | $0 | -$44M | -$36M |
| Net borrowing | $98M | $0 | -$17M | -$70M | $436M |
| Free cash flow margin | 67.0% | 36.5% | 66.5% | 51.2% | 72.9% |
| Dividends per share | $0.08 | $0.08 | $0.08 | $0.07 | $0.08 |
Questions
What was Corporación Inmobiliaria Vesta, S.A.B de C.V.'s revenue in 2025?
$283M in fiscal 2025, from its 10-K filing.
How much free cash flow does Corporación Inmobiliaria Vesta, S.A.B de C.V. generate?
$206M in fiscal 2025 (operating cash flow minus capital spending).
From Corporación Inmobiliaria Vesta, S.A.B de C.V.'s annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.