1. United States of America Stocks

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    Real Estate

  3. •

    REIT - Office
Vornado Realty Trust

Vornado Realty Trust

VNO-PN
Vornado Realty TrustUS flagNew York Stock Exchange
16.80
USD
-0.15
- -
7.16BMarket Cap
Vornado Realty Trust
VNO-PN
(New York Stock Exchange)

Recent

price

16.80

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
30.12
31.37
30.05
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
Book Value per Share
28.24
29.82
27.82
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
Tangible Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic Weighted Avg Shares
2,558
2,703
2,649
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
Sales/Revenue/Turnover
33.95
31.36
28.45
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
Operating Margin (%)
556
581
558
562
583
566
595
530
473
439
418
433
526
458
469
481
540
Depreciation Expense
648
662
617
476
865
760
907
227
450
3,148
-297
176
-346
105
70
905
68
Net Income, GAAP
3.06
4
1.69
- -
2.15
- -
1.35
13.25
8.19
3.01
- -
- -
- -
47.05
53.05
1.42
22.02
Effective Tax Rate (%)
25.33
24.5
23.3
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
Profit Margin (%)
647
1,164
668
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
Working Capital
10,015
9,939
9,957
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
LT Debt
8,158
8,669
8,848
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
Total Equity
4.49
4.32
3.84
- -
3.76
- -
3.08
3.15
3.57
2.55
- -
- -
- -
1.03
0.81
1.8
1.07
Return on Invested Capital (%)
5.82
5.63
5.13
- -
5.85
- -
5.9
2.71
4.88
20.21
- -
- -
- -
2.26
1.93
8.06
2.37
Return on Capital (%)
10.82
10.53
9.46
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
Return on Common Equity (%)

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
3,222
3,057
3,305

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
- -
- -
- -
- -
- -
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Business
Vornado Realty Trust (NYSE: VNO; VNO-PN), a fully-integrated real estate investment trust founded in 1982 and headquartered at 888 Seventh Avenue in New York, owns, manages and develops premier office and high street retail properties concentrated in New York City, with additional holdings in Chicago and San Francisco. The company conducts business primarily through Vornado Realty L.P., offering approximately 20.1 million square feet of Manhattan office space across 30 properties including THE PENN DISTRICT campus of over 9 million square feet surrounding Pennsylvania Station, 2.4 million square feet of street retail in 49 properties along high-traffic corridors, 1,330 residential units in two Manhattan buildings, multiple development sites such as 350 Park Avenue and PENN 15, a 32.4% interest in Alexander’s Inc. owning five metropolitan-area properties, nine garages totaling 1.6 million square feet, 3.7 million square feet at THE MART in Chicago and a 70% interest in the 1.8 million-square-foot 555 California Street office campus in San Francisco; it also operates BMS, a subsidiary providing cleaning and security services. Vornado leads the real estate industry in sustainability, managing over 26 million square feet of LEED-certified buildings and earning the Energy Star Partner of the Year Sustained Excellence award in 2024. Recent developments include the August 2025 agreement to acquire the 623 Fifth Avenue office condominium for $218 million with redevelopment into Class A boutique space targeted for 2027 completion, complementing Plaza District and Park Avenue assets; a prior $50 million B-Note acquisition on an unspecified property in August 2024; $450 million refinancing of Penn 11; $675 million refinancing-related loan for Independence Plaza multifamily property; and $205 million sale of 512 West 22nd Street.