Vornado Realty Trust

Vornado Realty Trust

VNO-PL
Vornado Realty TrustUS flagNew York Stock Exchange
17.64
USD
-0.13
- -
7.04BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Tangible Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Sales/Revenue/Turnover
2,299
2,313
1,985
2,004
2,084
2,164
1,925
1,528
1,589
1,800
1,811
1,788
1,810
1,808
Operating Margin (%)
30.42
30.63
31.83
29.67
29.62
28.28
21.7
9.44
15.42
15.99
16.6
14.76
15.03
13.37
Depreciation Expense
562
583
566
595
530
473
439
418
433
526
458
469
481
484
Net Income, GAAP
476
865
760
907
227
450
3,148
-297
176
-346
105
70
905
795
Effective Tax Rate (%)
- -
2.15
- -
1.35
13.25
8.19
3.01
- -
- -
- -
47.05
53.05
1.42
1.48
Profit Margin (%)
20.7
37.4
38.3
45.26
10.91
20.8
163.55
-19.44
11.07
-19.25
5.82
3.94
49.99
43.99
Working Capital
1,039
1,824
1,979
2,030
2,484
1,314
1,441
1,608
1,487
1,247
1,015
766
877
1,169
LT Debt
9,683
9,530
10,541
9,331
9,729
9,757
7,330
7,225
8,411
8,550
8,409
8,418
7,165
7,695
Total Equity
8,598
8,827
8,705
8,897
5,993
5,891
8,200
7,554
7,204
6,513
6,344
6,172
6,805
6,709
Return on Invested Capital (%)
- -
3.76
- -
3.08
3.15
3.57
2.55
- -
- -
- -
1.03
0.81
1.8
1.59
Return on Capital (%)
- -
9.5
- -
9.51
4.81
9.54
39.44
- -
- -
- -
4.98
4.18
17.87
16.54
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
720
720
718
LT Borrowings
6,465
6,465
6,997
LT Finance Leases
708
700
698
Preferred Equity and Hybrid Capital
1,182
1,182
1,182
Shares Outstanding
192
191
188
Market Capitalization
- -
- -
- -

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
2,132
1,973
2,254
Cash, Cash Equivalents & STI
1,010
841
1,081
Accounts Receivable, Net
814
830
877
Inventories
- -
- -
- -
Total Current Liabilities
1,103
1,097
1,085
Payables & Accruals
382
376
367
ST Debt
720
720
718
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-1.01%
-1.86%
10.25%
Free Cash Flow
54.6%
36.51%
134.02%
Net Income, GAAP
109.82%
113.16%
1,185.68%
Sales/Revenue/Turnover
-0.5%
3.57%
1.27%
Total Cash Common Dividend
-3.75%
-22.07%
0.12%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
436
450
443
458
1,788
2025
462
441
454
454
1,810
2026
459
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Steven Roth
Full Time Employees
2,996
Sector
Real Estate
Industry
REIT - Office
Address
888 Seventh Avenue New York City NY United States of America 10019
IPO Date
Jan 18, 2013
Website
vno.com
Business
Vornado Realty Trust (NYSE: VNO), a fully-integrated real estate investment trust founded in 1982 and headquartered at 888 Seventh Avenue in New York City, owns and manages a premier portfolio of office, street retail and residential properties concentrated primarily in Manhattan, with select assets in the Chicago Merchandise Mart and San Francisco. The company's core holdings encompass approximately 20.6 million square feet of high-quality office space in key submarkets including THE PENN DISTRICT, Plaza District, Grand Central, Midtown South, Columbus Circle and Downtown; 2.7 million square feet of street retail in high-foot-traffic corridors such as Fifth Avenue and Times Square; over 1,600 luxury rental apartments and condominiums in Tribeca and other prime New York City neighborhoods including Independence Plaza (40 Harrison Street, 40 North Moore Street, 310 Greenwich Street) and The Lispenard Collection (37 and 57 Lispenard Street); and the Merchandise Mart, a leading wholesale buying and selling venue for gift, apparel, home and general merchandise sectors. Vornado targets leading corporate tenants, retailers and residential customers in major urban markets, with geographic operations centered in New York City and extending to Chicago and San Francisco. In recent developments, Vornado completed the $218 million acquisition of 623 Fifth Avenue office condominium in September 2025, planning its full repositioning and redevelopment into a premier Class A boutique office by 2027; acquired a $50 million B-Note secured by a property in August 2024; reported third quarter 2025 financial results highlighting portfolio enhancements; and continued major redevelopments such as PENN 2 with new curtain wall, loggias and amenities, alongside ongoing sustainability initiatives including LEED certifications for nearly 25 million square feet at Gold or higher levels and ENERGY STAR recognition.