1. United States of America Stocks

  2. •

    Real Estate

  3. •

    REIT - Office
Vornado Realty Trust

Vornado Realty Trust

VNO-PL
Vornado Realty TrustUS flagNew York Stock Exchange
17.02
USD
-0.16
- -
6.79BMarket 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
29.3
29.1
28.74
30.99
18.14
18.76
30.58
27.96
26.36
24.27
22.72
20.83
25.2
24.66
Tangible Book Value per Share
27.66
27.91
27.54
29.99
17.3
18.04
30.42
27.84
25.55
23.55
22.06
20.21
24.62
24.09
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
1,829
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
11.13
Depreciation Expense
562
583
566
595
530
473
439
418
433
526
458
469
481
540
Net Income, GAAP
476
865
760
907
227
450
3,148
-297
176
-346
105
70
905
68
Effective Tax Rate (%)
- -
2.15
- -
1.35
13.25
8.19
3.01
- -
- -
- -
47.05
53.05
1.42
22.02
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
3.71
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
585
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
7,223
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
6,697
Return on Invested Capital (%)
- -
3.76
- -
3.08
3.15
3.57
2.55
- -
- -
- -
1.03
0.81
1.8
1.07
Return on Capital (%)
- -
5.85
- -
5.9
2.71
4.88
20.21
- -
- -
- -
2.26
1.93
8.06
2.37
Return on Common Equity (%)
7.08
14.3
12.49
14.73
3.48
11.38
65.81
-6.23
2.12
-8.42
0.97
0.2
19.2
0.12

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
720
718
918
LT Borrowings
6,465
6,997
6,527
LT Finance Leases
700
698
696
Preferred Equity and Hybrid Capital
1,182
1,182
1,183
Shares Outstanding
191
188
187
Market Capitalization
3,369
3,047
3,335

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,973
2,254
1,857
Cash, Cash Equivalents & STI
841
1,081
675
Accounts Receivable, Net
830
877
901
Inventories
- -
- -
- -
Total Current Liabilities
1,097
1,085
1,272
Payables & Accruals
376
367
354
ST Debt
720
718
918
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
462
- -
- -
- -

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

Company Profile APIChatGPT
CEO
Steven Roth
Full Time Employees
3,145
Sector
Real Estate
Industry
REIT - Office
Address
888 Seventh Avenue New York City NY United States of America 10019-4499
IPO Date
Jan 18, 2013
CIK
0000899689
Website
vno.com
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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.