Verra Mobility (VRRM)
Market Price (12/29/2025): $22.505 | Market Cap: $3.6 BilSector: Industrials | Industry: Data Processing & Outsourced Services
Verra Mobility (VRRM)
Market Price (12/29/2025): $22.505Market Cap: $3.6 BilSector: IndustrialsIndustry: Data Processing & Outsourced Services
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Attractive operating marginsOp Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 26% | Weak multi-year price returns2Y Excs Rtn is -47%, 3Y Excs Rtn is -17% | Expensive valuation multiplesP/EPrice/Earnings or Price/(Net Income) is 70x |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 27%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 16% | Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -2.7% | |
| Low stock price volatilityVol 12M is 31% | Key risksVRRM key risks include [1] heavy customer concentration, Show more. | |
| Megatrend and thematic driversMegatrends include Fintech & Digital Payments, Future of Freight, and Experience Economy & Premiumization. Themes include Digital Payments, Show more. |
| Attractive operating marginsOp Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 26% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 27%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 16% |
| Low stock price volatilityVol 12M is 31% |
| Megatrend and thematic driversMegatrends include Fintech & Digital Payments, Future of Freight, and Experience Economy & Premiumization. Themes include Digital Payments, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -47%, 3Y Excs Rtn is -17% |
| Expensive valuation multiplesP/EPrice/Earnings or Price/(Net Income) is 70x |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -2.7% |
| Key risksVRRM key risks include [1] heavy customer concentration, Show more. |
Why The Stock Moved
Qualitative Assessment
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Here are the key points highlighting why Verra Mobility (VRRM) stock moved by approximately -9.5% from August 31, 2025, to December 29, 2025:
1. Reduced Profitability and Cash Flow in Q3 2025
Despite reporting an increase in total revenue for the third quarter of 2025, Verra Mobility experienced a decline in its Adjusted EBITDA margin, which fell to 43% from 46% in the same period of 2024. Furthermore, net cash provided by operations decreased significantly to $77.7 million, from $108.8 million in the prior year's third quarter, primarily due to an increase in accounts receivable.
2. Exit from Ontario Market
In November 2025, Verra Mobility announced its decision to exit the Ontario market. This move followed the enactment of new provincial legislation in Ontario that banned automated speed enforcement cameras, directly impacting a segment of the company's business and potentially raising concerns about regulatory risks in other operational areas.
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1. Reduced Profitability and Cash Flow in Q3 2025
Despite reporting an increase in total revenue for the third quarter of 2025, Verra Mobility experienced a decline in its Adjusted EBITDA margin, which fell to 43% from 46% in the same period of 2024. Furthermore, net cash provided by operations decreased significantly to $77.7 million, from $108.8 million in the prior year's third quarter, primarily due to an increase in accounts receivable.
2. Exit from Ontario Market
In November 2025, Verra Mobility announced its decision to exit the Ontario market. This move followed the enactment of new provincial legislation in Ontario that banned automated speed enforcement cameras, directly impacting a segment of the company's business and potentially raising concerns about regulatory risks in other operational areas.
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Stock Movement Drivers
Fundamental Drivers
The -8.1% change in VRRM stock from 9/28/2025 to 12/28/2025 was primarily driven by a -29.8% change in the company's P/E Multiple.| 9282025 | 12282025 | Change | |
|---|---|---|---|
| Stock Price ($) | 24.48 | 22.50 | -8.09% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 906.33 | 942.72 | 4.01% |
| Net Income Margin (%) | 4.30% | 5.42% | 25.99% |
| P/E Multiple | 100.13 | 70.26 | -29.83% |
| Shares Outstanding (Mil) | 159.48 | 159.55 | -0.05% |
| Cumulative Contribution | -8.09% |
Market Drivers
9/28/2025 to 12/28/2025| Return | Correlation | |
|---|---|---|
| VRRM | -8.1% | |
| Market (SPY) | 4.3% | 16.3% |
| Sector (XLI) | 3.0% | 27.6% |
Fundamental Drivers
The -11.4% change in VRRM stock from 6/29/2025 to 12/28/2025 was primarily driven by a -39.9% change in the company's P/E Multiple.| 6292025 | 12282025 | Change | |
|---|---|---|---|
| Stock Price ($) | 25.40 | 22.50 | -11.42% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 892.73 | 942.72 | 5.60% |
| Net Income Margin (%) | 3.88% | 5.42% | 39.70% |
| P/E Multiple | 116.99 | 70.26 | -39.95% |
| Shares Outstanding (Mil) | 159.54 | 159.55 | -0.01% |
| Cumulative Contribution | -11.42% |
Market Drivers
6/29/2025 to 12/28/2025| Return | Correlation | |
|---|---|---|
| VRRM | -11.4% | |
| Market (SPY) | 12.6% | 28.8% |
| Sector (XLI) | 7.5% | 39.5% |
Fundamental Drivers
The -6.6% change in VRRM stock from 12/28/2024 to 12/28/2025 was primarily driven by a -53.4% change in the company's Net Income Margin (%).| 12282024 | 12282025 | Change | |
|---|---|---|---|
| Stock Price ($) | 24.10 | 22.50 | -6.64% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 868.72 | 942.72 | 8.52% |
| Net Income Margin (%) | 11.64% | 5.42% | -53.44% |
| P/E Multiple | 39.26 | 70.26 | 78.96% |
| Shares Outstanding (Mil) | 164.74 | 159.55 | 3.15% |
| Cumulative Contribution | -6.73% |
Market Drivers
12/28/2024 to 12/28/2025| Return | Correlation | |
|---|---|---|
| VRRM | -6.6% | |
| Market (SPY) | 17.0% | 38.6% |
| Sector (XLI) | 19.2% | 41.9% |
Fundamental Drivers
The 65.0% change in VRRM stock from 12/29/2022 to 12/28/2025 was primarily driven by a 183.4% change in the company's P/E Multiple.| 12292022 | 12282025 | Change | |
|---|---|---|---|
| Stock Price ($) | 13.64 | 22.50 | 64.96% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 725.51 | 942.72 | 29.94% |
| Net Income Margin (%) | 11.48% | 5.42% | -52.81% |
| P/E Multiple | 24.79 | 70.26 | 183.42% |
| Shares Outstanding (Mil) | 151.43 | 159.55 | -5.36% |
| Cumulative Contribution | 64.48% |
Market Drivers
12/29/2023 to 12/28/2025| Return | Correlation | |
|---|---|---|
| VRRM | -2.3% | |
| Market (SPY) | 48.4% | 39.3% |
| Sector (XLI) | 41.4% | 44.1% |
Price Returns Compared
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| VRRM Return | -4% | 15% | -10% | 67% | 5% | -8% | 60% |
| Peers Return | 16% | 38% | -12% | 21% | 26% | 16% | 150% |
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 18% | 114% |
Monthly Win Rates [3] | |||||||
| VRRM Win Rate | 50% | 42% | 42% | 83% | 58% | 33% | |
| Peers Win Rate | 52% | 65% | 42% | 68% | 57% | 52% | |
| S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 73% | |
Max Drawdowns [4] | |||||||
| VRRM Max Drawdown | -58% | -6% | -17% | -1% | -9% | -18% | |
| Peers Max Drawdown | -34% | -5% | -26% | -7% | -9% | -23% | |
| S&P 500 Max Drawdown | -31% | -1% | -25% | -1% | -2% | -15% | |
[1] Cumulative total returns since the beginning of 2020
[2] Peers: HPQ, HPE, IBM, CSCO, AAPL. See VRRM Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/26/2025 (YTD)
How Low Can It Go
| Event | VRRM | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -28.8% | -25.4% |
| % Gain to Breakeven | 40.5% | 34.1% |
| Time to Breakeven | 388 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -65.6% | -33.9% |
| % Gain to Breakeven | 191.1% | 51.3% |
| Time to Breakeven | 694 days | 148 days |
| 2018 Correction | ||
| % Loss | -18.8% | -19.8% |
| % Gain to Breakeven | 23.1% | 24.7% |
| Time to Breakeven | 84 days | 120 days |
Compare to HPQ, HPE, IBM, CSCO, AAPL
In The Past
Verra Mobility's stock fell -28.8% during the 2022 Inflation Shock from a high on 2/16/2022. A -28.8% loss requires a 40.5% gain to breakeven.
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Verra Mobility Corporation provides smart mobility technology solutions and services in the United States, Australia, Canada, and Europe. It operates through three segments: Commercial Services; Government Solutions; and Parking Solutions. The Government Solutions segment offers automated safety solutions, including services and technologies that enable photo enforcement through road safety camera programs, which detects and process traffic violations related to red light, speed, school bus, and city bus lanes. This segment serves municipalities, counties, school districts, and law enforcement agencies. The Commercial Services segment provides automated toll and violations management, and title and registration services to rental car companies, fleet management companies, and other large fleet owners. The Parking Solutions segment provides an integrated suite of parking software and hardware solutions to universities, municipalities, parking operators, healthcare facilities, and transportation hubs. The company was incorporated in 2016 and is headquartered in Mesa, Arizona.
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Here are 1-2 brief analogies for Verra Mobility (VRRM):
- Axon for traffic safety cameras: Verra Mobility provides and manages red-light, speed, and school bus stop-arm cameras for governments, similar to how Axon provides body cameras and Tasers to law enforcement.
- Stripe for managing tolls and violations for fleets: Verra Mobility handles the complex processing and payment of tolls and other vehicle violations for rental car companies and large commercial fleets, acting as a specialized backend payment and compliance platform.
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- Toll Management Services: Provides automated tolling solutions for rental car companies and fleet operators, simplifying toll payments for their customers.
- Violation Management Services: Offers technology and services to process and manage traffic and parking violations incurred by rental car customers and fleet vehicles.
- Parking Solutions: Delivers comprehensive parking technology and services for municipalities, universities, and private operators to manage enforcement, permits, and payments.
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Verra Mobility (VRRM) primarily sells its services and solutions to other companies and governmental entities, operating on a business-to-business (B2B) and business-to-government (B2G) model.
Based on Verra Mobility's public filings, its major customers that individually account for a significant portion of its consolidated revenue are:
- Avis Budget Group, Inc. (Symbol: CAR)
- The Hertz Corporation (Symbol: HTZ)
In addition to these major customers, Verra Mobility also serves a broad and diverse range of other clients, which include:
- Other rental car companies and fleet operators globally.
- Municipalities and various government agencies (for traffic enforcement, tolling, and parking solutions).
- Tolling authorities.
- Parking operators and private lot owners across various sectors.
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David Roberts, President and Chief Executive Officer
David Roberts has served as Verra Mobility's President and Chief Executive Officer since May 2018, joining the company as Chief Operating Officer in August 2014. Prior to his tenure at Verra Mobility (formerly American Traffic Solutions), he was the President and Chief Executive Officer of BillingTree, a multi-channel electronic payment platform company. Before BillingTree, Roberts was a Managing Director at Bank of America Merrill Lynch, where he led the Equity Plan Services business. He joined Bank of America Merrill Lynch following the sale of Equity Methods, a company he served as CEO, which grew from three to 60 people in two years before its acquisition in 2008. Roberts led Verra Mobility through a period of significant transformation, including a shift to private equity ownership, accelerated growth with two major international acquisitions, a rebranding effort, and taking the company public in 2018.
Craig Conti, Chief Financial Officer
Craig Conti has served as Verra Mobility's Chief Financial Officer since April 2022. Before joining Verra Mobility, Conti was the executive vice president and CFO of Century Aluminum Company. His previous global financial leadership roles include serving as CFO for ITW's welding business and leading financial planning and analysis for GE Healthcare's IT business. Mr. Conti began his career at GE, where he accumulated 15 years of experience in finance, operations, and strategy.
Jon Baldwin, Executive Vice President, Government Solutions
Jon Baldwin is the Executive Vice President of Government Solutions at Verra Mobility. Before joining Verra Mobility, he was President of Fortive's Gems, Sensors and Controls business. He also served as the General Manager for Texas Instruments' Precision Signal Path business unit. Baldwin has held various leadership roles in marketing, business development, and strategy at National Semiconductor Corporation, Samplify Systems, Inc., and Analog Devices, Inc., and started his career as a systems engineer at Raytheon Technologies.
Jon Keyser, Chief Legal Officer
Jon Keyser serves as Verra Mobility's Executive Vice President and Chief Legal Officer, a role he assumed effective December 2022. Prior to Verra Mobility, Keyser was Vice President and General Counsel of Honeywell Performance Materials and Technologies (PMT), a business unit of Honeywell International. He also served as Vice President and General Counsel of Honeywell UOP and Aerospace Integrated Supply Chain and Digital Transformation business units. Before Honeywell, Jon was Assistant General Counsel and Managing Counsel at Harley-Davidson Motor Company and an attorney at Hogan Lovells US LLP, where he focused on mergers and acquisitions. Between 2014 and 2016, he served as a member of the Colorado State House of Representatives.
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Here are the key risks to Verra Mobility's business:- Customer Concentration and Regulatory Risk: Verra Mobility faces significant risk due to its reliance on a concentrated customer base and the evolving regulatory landscape. A material portion of its revenue comes from a few key customers, including the New York City Department of Transportation (NYCDOT) and three major rental car agencies. For example, the City of New York made 17.8% of Verra Mobility's revenue in Q1 2023, and three rental car companies (Avis Budget Group, Enterprise Holding, and Hertz Corporation) collectively accounted for 34% of revenue. The company is currently participating in a competitive procurement for a new NYCDOT automated enforcement program contract, which, if not renewed on favorable terms, could pose financial risks. Additionally, Verra Mobility's government contracts are susceptible to unique risks, including termination rights, payment delays, and changes in local regulations, which can impact revenue. The commercial segment is also correlated with air travel, making it vulnerable to economic trends affecting consumer spending and travel demand.
- High Debt Levels: The company operates with a capital structure that relies heavily on debt financing, with total debt reported at approximately $1,029.9 million as of September 30, 2025. While Verra Mobility has implemented a debt repayment program and its net leverage has decreased, a high debt-to-equity ratio (2.93 as of late 2025) signals a higher risk profile. Increasing interest rates could lead to higher interest payments, thereby impacting the company's free cash flow and profitability.
- Technological Disruption: The smart mobility industry is characterized by rapid technological advancements, and innovations such as autonomous vehicles could disrupt Verra Mobility's existing business models. Although Verra Mobility's CEO acknowledges that the widespread adoption of autonomous vehicles is a long way off, the company must continually adapt to new technologies to maintain its competitive advantage. The integration of connected vehicle technology and artificial intelligence also presents both opportunities and potential challenges for the company.
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Verra Mobility (VRRM) operates in the smart mobility sector, offering solutions across three main segments: Commercial Services, Government Solutions, and Parking Solutions.
The addressable markets for Verra Mobility's main products and services are as follows:
- Overall Smart Mobility Market: The global smart mobility market was valued at $43.46 billion in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 20.8% through 2032.
- Government Solutions (Traffic Enforcement Cameras): The global traffic enforcement camera market size was estimated at $2.38 billion in 2024 and is expected to reach $4.13 billion by 2029, growing at an 11.8% CAGR. Another projection indicates the global traffic enforcement camera market will expand from $2,541.63 million in 2023 to $7,574.05 million by 2032, with a CAGR of 12.81% from 2024 to 2032. For the Government Solutions segment specifically in the U.S., recent legislation has expanded the total addressable market by approximately $185 million, with further potential to surpass $300 million pending additional legislation in California.
- Commercial Services (Toll and Violation Management): null
- Parking Solutions: null
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```htmlExpected Drivers of Future Revenue Growth for Verra Mobility (VRRM)
- Expansion of Government Solutions Programs: A primary driver of future revenue growth is the significant expansion within Verra Mobility's Government Solutions segment. This includes the large New York City Department of Transportation (NYCDOT) contract, which involves the installation of approximately 1,000 additional red-light and fixed bus-lane cameras over the next 2-plus years, contributing substantial front-loaded product revenue and ongoing service revenue. Beyond New York City, growth is also anticipated from the expansion of existing programs and the implementation of new photo enforcement initiatives, such as speed, red-light, bus lane, and school bus stop arm enforcement, with other government customers across North America.
- Favorable Legislative Changes Expanding Addressable Markets: New legislative developments, particularly in key regions like California, are expected to unlock considerable new market opportunities. For instance, recent legislative changes in California concerning work zone speed pilots and red-light camera reforms are projected to significantly increase Verra Mobility's total addressable market. This indicates potential for growth driven by evolving regulatory environments that favor automated enforcement solutions.
- Increased Activity and Product Adoption in Commercial Services: The Commercial Services segment is a consistent contributor to revenue, driven by robust rental-car (RAC) tolling activity, increased product adoption by commercial fleet customers, and the expansion of the company's European operations. The steady or increasing travel volumes are a key factor supporting the growth in RAC tolling.
- Growth in Recurring Service and SaaS Revenue: Verra Mobility is focused on expanding its recurring service revenue across all segments. This includes the ongoing service revenue generated from new camera installations in Government Solutions and the growth of Software-as-a-Service (SaaS) product offerings within its Parking Solutions segment. This emphasis on recurring revenue streams provides a stable and predictable foundation for future growth.
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Share Repurchases
- In October 2025, Verra Mobility's Board of Directors authorized an additional $150 million for share repurchases, bringing the total capacity under its 2025 program to $250 million, with repurchases permitted until November 13, 2026.
- The company's Board authorized a $100 million share repurchase program in May 2025, effective until November 13, 2026.
- In December 2024, Verra Mobility announced an expansion of its stock repurchase program with an additional $100 million authorized, bringing the total available for buybacks to approximately $112.7 million, including remaining funds from a prior October 2023 allowance, set to continue until April 30, 2025.
Share Issuance
- As of February 21, 2025, Verra Mobility had 159,593,852 shares of Class A Common Stock issued and outstanding.
- In May 2023, stockholders approved the Amended and Restated 2018 Equity Incentive Plan, which increased the maximum number of shares for stock-based awards including restricted stock units, performance share units, and non-qualified stock options for employees and non-employee directors.
Outbound Investments
- In November 2021, Verra Mobility agreed to acquire T2 Systems, a provider of parking management solutions, for $347 million plus up to an additional $9 million.
- In January 2021, Verra Mobility acquired Redflex Holdings for AUD 140 million.
Capital Expenditures
- Verra Mobility's capital expenditures were -$103.72 million over the last 12 months (as of September 30, 2025, or March 31, 2025).
- Expected capital expenditures are $61 million for 2025, $66 million for 2026, and $71 million for 2027, generally representing 6% of revenue.
- Capital expenditures include purchases of installation and service parts and property and equipment, with significant investments related to the New York City contract, involving the sale and installation of approximately 1,000 additional red-light and fixed bus-lane cameras over the next two years, expected to contribute $20 million to $30 million in product revenue annually in 2026 and 2027.
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Trade Ideas
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| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 11212025 | CNM | Core & Main | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 18.3% | 18.3% | -1.6% |
| 11212025 | VRRM | Verra Mobility | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 5.5% | 5.5% | -1.2% |
| 11212025 | LII | Lennox International | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 7.1% | 7.1% | 0.0% |
| 11212025 | ADP | Automatic Data Processing | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 2.9% | 2.9% | -1.2% |
| 11212025 | CW | Curtiss-Wright | Quality | Q | Momentum | UpsideQuality Stocks with Momentum and UpsideBuying quality stocks with strong momentum but still having room to run | 5.7% | 5.7% | -0.4% |
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Peer Comparisons for Verra Mobility
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 51.32 |
| Mkt Cap | 158.8 |
| Rev LTM | 56,496 |
| Op Inc LTM | 7,584 |
| FCF LTM | 7,327 |
| FCF 3Y Avg | 7,366 |
| CFO LTM | 8,590 |
| CFO 3Y Avg | 8,697 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 7.2% |
| Rev Chg 3Y Avg | 3.2% |
| Rev Chg Q | 9.4% |
| QoQ Delta Rev Chg LTM | 2.1% |
| Op Mgn LTM | 20.1% |
| Op Mgn 3Y Avg | 20.3% |
| QoQ Delta Op Mgn LTM | 0.1% |
| CFO/Rev LTM | 22.2% |
| CFO/Rev 3Y Avg | 23.8% |
| FCF/Rev LTM | 17.2% |
| FCF/Rev 3Y Avg | 18.8% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 158.8 |
| P/S | 4.1 |
| P/EBIT | 21.7 |
| P/E | 38.5 |
| P/CFO | 17.6 |
| Total Yield | 3.9% |
| Dividend Yield | 2.1% |
| FCF Yield 3Y Avg | 5.7% |
| D/E | 0.3 |
| Net D/E | 0.2 |
Price Behavior
Price Behavior
| Market Price | $22.50 | |
| Market Cap ($ Bil) | 3.6 | |
| First Trading Date | 03/24/2017 | |
| Distance from 52W High | -16.3% | |
| 50 Days | 200 Days | |
| DMA Price | $22.59 | $23.43 |
| DMA Trend | down | down |
| Distance from DMA | -0.4% | -4.0% |
| 3M | 1YR | |
| Volatility | 22.3% | 31.7% |
| Downside Capture | 31.07 | 73.58 |
| Upside Capture | -15.80 | 55.05 |
| Correlation (SPY) | 16.0% | 38.4% |
VRRM Betas & Captures as of 11/30/2025
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.88 | 0.31 | 0.39 | 0.73 | 0.63 | 0.74 |
| Up Beta | 1.29 | 1.04 | 1.21 | 1.44 | 0.68 | 0.78 |
| Down Beta | 2.80 | 0.33 | 0.18 | 0.48 | 0.49 | 0.60 |
| Up Capture | -11% | -35% | -13% | 32% | 45% | 46% |
| Bmk +ve Days | 13 | 26 | 39 | 74 | 142 | 427 |
| Stock +ve Days | 7 | 18 | 25 | 55 | 115 | 384 |
| Down Capture | 89% | 50% | 64% | 90% | 83% | 93% |
| Bmk -ve Days | 7 | 16 | 24 | 52 | 107 | 323 |
| Stock -ve Days | 13 | 24 | 37 | 67 | 128 | 356 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Comparison of VRRM With Other Asset Classes (Last 1Y) | |||||||
|---|---|---|---|---|---|---|---|
| VRRM | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | -4.9% | 19.3% | 17.8% | 72.1% | 8.6% | 4.4% | -8.2% |
| Annualized Volatility | 31.4% | 18.8% | 19.4% | 19.3% | 15.2% | 17.0% | 35.0% |
| Sharpe Ratio | -0.14 | 0.80 | 0.72 | 2.70 | 0.34 | 0.09 | -0.08 |
| Correlation With Other Assets | 41.8% | 38.4% | 0.3% | 15.3% | 39.4% | 21.2% | |
ETFs used for asset classes: Sector ETF = XLI, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
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Based On 5-Year Data
| Comparison of VRRM With Other Asset Classes (Last 5Y) | |||||||
|---|---|---|---|---|---|---|---|
| VRRM | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 10.3% | 13.8% | 14.7% | 18.7% | 11.5% | 4.6% | 30.8% |
| Annualized Volatility | 31.9% | 17.2% | 17.1% | 15.5% | 18.7% | 18.9% | 48.6% |
| Sharpe Ratio | 0.36 | 0.65 | 0.70 | 0.97 | 0.50 | 0.16 | 0.57 |
| Correlation With Other Assets | 44.8% | 45.6% | 2.8% | 11.3% | 37.5% | 19.4% | |
ETFs used for asset classes: Sector ETF = XLI, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Comparison of VRRM With Other Asset Classes (Last 10Y) | |||||||
|---|---|---|---|---|---|---|---|
| VRRM | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 9.7% | 13.5% | 14.8% | 15.3% | 7.0% | 5.3% | 69.2% |
| Annualized Volatility | 35.7% | 19.9% | 18.0% | 14.7% | 17.6% | 20.8% | 55.8% |
| Sharpe Ratio | 0.36 | 0.60 | 0.71 | 0.86 | 0.32 | 0.22 | 0.90 |
| Correlation With Other Assets | 54.1% | 52.5% | 2.2% | 19.4% | 50.8% | 17.9% | |
ETFs used for asset classes: Sector ETF = XLI, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
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Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 10/29/2025 | -1.5% | -4.4% | -7.8% |
| 8/6/2025 | -3.6% | -1.4% | -0.4% |
| 2/27/2025 | -11.8% | -18.2% | -22.2% |
| 10/31/2024 | -11.0% | -10.4% | -8.4% |
| 8/8/2024 | -0.7% | -1.0% | -4.2% |
| 2/29/2024 | 5.8% | 3.4% | 13.2% |
| 11/9/2023 | 4.9% | 2.6% | 10.1% |
| 8/9/2023 | -1.4% | -5.6% | -13.5% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 9 | 11 | 7 |
| # Negative | 12 | 10 | 14 |
| Median Positive | 4.3% | 3.4% | 10.1% |
| Median Negative | -3.0% | -6.2% | -5.5% |
| Max Positive | 7.8% | 10.8% | 29.4% |
| Max Negative | -15.6% | -25.3% | -52.1% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 09/30/2025 | 10/29/2025 | 10-Q (09/30/2025) |
| 06/30/2025 | 08/06/2025 | 10-Q (06/30/2025) |
| 03/31/2025 | 05/07/2025 | 10-Q (03/31/2025) |
| 12/31/2024 | 02/27/2025 | 10-K (12/31/2024) |
| 09/30/2024 | 10/31/2024 | 10-Q (09/30/2024) |
| 06/30/2024 | 08/08/2024 | 10-Q (06/30/2024) |
| 03/31/2024 | 05/02/2024 | 10-Q (03/31/2024) |
| 12/31/2023 | 02/29/2024 | 10-K (12/31/2023) |
| 09/30/2023 | 11/09/2023 | 10-Q (09/30/2023) |
| 06/30/2023 | 08/09/2023 | 10-Q (06/30/2023) |
| 03/31/2023 | 05/04/2023 | 10-Q (03/31/2023) |
| 12/31/2022 | 03/01/2023 | 10-K (12/31/2022) |
| 09/30/2022 | 11/02/2022 | 10-Q (09/30/2022) |
| 06/30/2022 | 08/03/2022 | 10-Q (06/30/2022) |
| 03/31/2022 | 05/09/2022 | 10-Q (03/31/2022) |
| 12/31/2021 | 04/22/2022 | 10-K (12/31/2021) |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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