Vesta (VTMX) Reports 14% Revenue Growth and Raises Full-Year Guidance

Corporación Inmobiliaria Vesta, S.A.B. de C.V. (NYSE:VTMX) is one of the best Mexican stocks to invest in. On November 20, Barclays analyst Pablo Monsivais reaffirmed his Buy rating on Corporación Inmobiliaria Vesta, S.A.B. de C.V. (NYSE:VTMX) and set a $40 price target.

Vesta (VTMX) Reports 14% Revenue Growth and Raises Full-Year Guidance

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Earlier on October 23, Corporación Inmobiliaria Vesta, S.A.B. de C.V. reported that Q3 2025 total revenues were $72.4 million, up 13.7% year over year in Q3 2024. Management attributed the increase mainly to $7.8 million of new revenue‑generating contracts and a $1.9 million favorable inflation impact on results.​

Excluding energy income, the quarter’s revenues were $69.9 million, up 14.5% year over year. In other words, the core rental and related business drove most of the growth. Adjusted net operating income (Adjusted NOI) rose 14.7% year over year to $66.1 million, and the adjusted NOI margin was reported at 94.4%, about 16 basis points higher than a year earlier.​ As of September 30, 2025, the total value of Vesta’s investment property portfolio was $3.9 billion, up 5.9% at December 31, 2024.

Management highlighted strong leasing momentum and tenant demand as drivers of the revenue increase. They also noted that new contracts and inflation adjustments supported higher rental income during the quarter.​ Looking ahead, the management revised its full‑year 2025 guidance, now expecting an EBITDA margin of about 84.5% and revenue growth between 10% and 11% for the year.

Corporación Inmobiliaria Vesta, S.A.B. de C.V. (NYSE:VTMX) is a fully-integrated industrial real estate company headquartered in Mexico City. The company acquires, develops, manages, and leases industrial buildings and distribution facilities across Mexico.

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Disclosure: None. This article is originally published at Insider Monkey.