Vornado Realty Trust

Vornado Realty Trust

35.82
USD
-0.05
(-0.14%)
-0.13EPS
6.33BMarket Cap
Feb 08Next Earn
Vornado Realty Trust
NYSE:VNO
(New York Stock Exchange)

Recent

price

35.82

P/E

ratio

- -

div

yld

3.01%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
USD
14.03
14.66
14.26
12.3
12.33
10.54
10.6
11
11.36
10.08
7.99
8.3
9.39
9.48
9.38
9.44
9.76
Revenue per Share
3.25
3.24
2.91
2.1
4.18
3.61
4.39
0.85
2.1
16.23
-1.82
0.57
-2.13
0.23
0.04
4.4
-0.28
Basic EPS, GAAP
1.62
1.91
4.44
5.57
6.05
1.04
5.26
2.66
4.21
3.47
2.22
3.98
4.17
3.39
2.82
6.56
2.17
Free Cash Flow per Basic Share
2.91
3.09
4.16
3.37
3.35
2.95
2.94
2.96
2.81
2.9
4.66
2.46
2.44
1
1.07
1.06
1.08
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
24.94
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
24.38
Tangible Book Value per Share
182
184
186
187
188
188
189
190
191
191
191
192
192
191
191
192
189
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
1,843
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
8.93
Operating Margin (%)
556
581
558
562
583
566
595
530
473
439
418
433
526
458
469
481
593
Depreciation Expense
648
662
617
476
865
760
907
227
450
3,148
-297
176
-346
105
70
905
9
Net Income, GAAP
3.06
4
1.69
- -
2.15
- -
1.35
13.25
8.19
3.01
- -
- -
- -
47.05
53.05
1.42
- -
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
0.5
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
499
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
7,225
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
6,653
Total Equity
3.92
4.14
3.7
- -
3.66
- -
3
3.09
3.4
7.62
- -
- -
- -
1.1
0.85
7.32
- -
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
- -
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
-1.11
Return on Common Equity (%)

Capital Structure

USD

•

in mil. unless spec.
Mar'26
Jun'26
Sep'26
ST Debt
718
918
918
LT Borrowings
6,997
6,527
6,530
LT Finance Leases
698
696
694
Preferred Equity and Hybrid Capital
1,182
1,183
1,182
Shares Outstanding
188
187
187
Market Capitalization
4,889
7,338
6,334

Working Capital

USD

•

in mil. unless spec.
Mar'26
Jun'26
Sep'26
Total Current Assets
2,254
1,857
1,829
Cash, Cash Equivalents & STI
1,081
675
580
Accounts Receivable, Net
877
901
939
Inventories
- -
- -
- -
Total Current Liabilities
1,085
1,272
1,330
Payables & Accruals
367
354
412
ST Debt
718
918
918
Deferred Revenue
- -
- -
- -

Growth Rates

USD

•

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

USD

•

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
468
- -
- -

Quarterly Earnings Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.05
0.19
-0.1
0.01
0.04
2025
0.45
3.87
0.06
- -
4.4
2026
-0.12
0.09
-0.25
- -
- -

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.08
0.08
0.08
0.82
1.07
2025
0.08
0.08
0.08
0.82
1.06
2026
0.08
0.08
0.08
- -
- -
Business
Vornado Realty Trust is a fully integrated real estate investment trust (REIT) primarily engaged in owning, managing, and developing office and retail properties. Its portfolio is concentrated mainly in New York City with significant assets also in Chicago and San Francisco, including approximately 20.1 million square feet of office space in Manhattan, 2.4 million square feet of street retail space, residential units, and several key development sites such as 350 Park Avenue and the Hotel Pennsylvania site. Vornado specializes in premier office buildings and Manhattan high street retail, leveraging active asset management and development to create long-term value. The company is a recognized industry leader in sustainability, owning over 26 million square feet of LEED-certified buildings and receiving the Energy Star Partner of the Year Award for Sustained Excellence in 2024. Founded in 1982 and headquartered in New York City, Vornado operates primarily through its subsidiary, Vornado Realty L.P. The company's 2025 strategic focus emphasizes capital preservation, prioritization of high-barrier markets, and selective value-add investment opportunities in industrial logistics hubs alongside its core office and retail assets. Recent operational highlights include a substantial gain related to the 770 Broadway master lease with New York University and a strategic outlook shaped by market volatility in industrial real estate and a rebound focus on premium office properties. Vornado continues to leverage its financial strength and flexible balance sheet to navigate evolving market conditions and pursue strategic growth initiatives across key urban markets.

Company News

  • What Vornado Realty Trust (VNO) Said on Its Q3 Earnings Call

  • What Vornado Realty Trust (VNO) Said on Its Q3 Earnings Call

  • Vornado Realty Trust (VNO) Q3 2026 Earnings Call Transcript

  • Here's What Key Metrics Tell Us About Vornado (VNO) Q3 Earnings

  • Vornado (VNO) Tops Q3 FFO Estimates

  • Vornado Announces Third Quarter 2026 Financial Results

  • Cast Your Vote On NYC Real Estate (4 Office REITs To Consider)

  • Vornado Declares Quarterly Dividends On Preferred Shares

  • Here's Why Investors Should Retain Vornado Stock in Their Portfolio Now

  • Vornado, Ken Griffin and Rudin Close Joint Venture, 1.05 Million SF Anchor Lease and $3.3 Billion Construction Loan

  • Vornado Announces Third Quarter Earnings Release Date and Conference Call Information

  • Vornado Realty Trust (NYSE:VNO) Stock Now Rated “Hold” by Wall Street Brokerages

  • Alexander’s (NYSE:ALX) & Essential Properties Realty Trust (NYSE:EPRT) Head-To-Head Review

  • Vornado Realty Trust: High Yield On Preferred Shares, But With Elevated Credit And Market Risk

  • Vornado Realty Trust (VNO) Presents at BofA NY Global Real Estate Conference 2026 Transcript

  • VNO vs. PSA: Which Stock Is the Better Value Option?

  • Down 11.6% in 4 Weeks, Here's Why You Should You Buy the Dip in Vornado (VNO)

  • Vornado's Steve Roth takes ‘victory lap' for PENN 1 and PENN 2

  • Head-To-Head Analysis: Tritax Big Box REIT (OTCMKTS:TTBXF) vs. Alexander’s (NYSE:ALX)

  • Why Is Vornado (VNO) Down 10.4% Since Last Earnings Report?