Vornado Realty Trust

As of June 30, 2026, Vornado Realty Trust carries a market capitalization of 7.40B, placing it among publicly traded companies globally. Its enterprise value stands at 16.96B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Vornado Realty Trust's next confirmed earnings release is scheduled for November 2, 2026.

As of June 30, 2026, Vornado Realty Trust has 186.72M shares outstanding.

As of June 30, 2026, Vornado Realty Trust trades at a trailing price-to-earnings ratio of 1,302.35. The price-to-sales ratio is 4.12, and the price-to-book ratio stands at 1.61.

As of June 30, 2026, Vornado Realty Trust trades at an EV/EBITDA multiple of 21.62 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 9.27 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 69.46 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. Vornado Realty Trust trades at an EV/FCF ratio of 26.20, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 16.96B versus a market cap of 7.40B, with the gap driven by net debt and cash on the balance sheet.

As of June 30, 2026, Vornado Realty Trust maintains a current ratio of 1.46, meaning it holds 1.5x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 121.56, indicating elevated leverage, while an interest coverage ratio of 2.39 demonstrates limited ability to service its debt obligations.

Over the twelve months ended June 30, 2026, Vornado Realty Trust posted a return on equity (ROE) of 0.12, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 1.28 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 0.43, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 2.37, useful for judging operating efficiency across full business cycles. The company generates approximately 588,450.16 in revenue per employee across its workforce of 3,107.75, a quick read on workforce productivity versus industry peers.

Over the twelve months ended June 30, 2026, Vornado Realty Trust recorded 11.67M in income tax expense. That works out to an effective tax rate of 22.02, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 53.00M, leaving 67.88M in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

As of the close on October 22, 2026, Vornado Realty Trust's stock has declined approximately 13.36% over the past 52 weeks. The 50-day moving average sits at 36.29, while the 200-day moving average is 33.50.

Over the twelve months ended June 30, 2026, Vornado Realty Trust generated 1.83B in revenue and converted that into 67.88M in net income, yielding earnings per share of 0.21. EBITDA reached 784.47M, while operating income came in at 203.49M.

As of June 30, 2026, Vornado Realty Trust holds 675.35M in cash and equivalents against 8.14B in total debt, resulting in a net debt position of 6.77B. Total book value stands at 4.61B, with working capital of 584.70M providing operational flexibility.

Vornado Realty Trust produced 390.89M in operating cash flow over the twelve months ended June 30, 2026.

These figures cover the twelve months ended June 30, 2026. The operating margin of 11.13 and net profit margin of 3.71 provide insight into operational efficiency.

Over the twelve months ended June 30, 2026, Vornado Realty Trust paid dividends of 1.07 per share. The dividend payout ratio of -298.43 is negative because earnings are negative, so the dividend is being paid out of something other than profits, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield stands at 5.01, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 0.77, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to Vornado Realty Trust shareholders.

Vornado Realty Trust's most recent stock split took place on October 21, 1997 with a 1:2 split ratio.

As of June 30, 2026, Vornado Realty Trust has an Altman Z-Score of 0.38, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.